Latest / Glovisor Podcast / He Built a Craigslist Competitor in Brazil | The Cataqui Story - Pars Barghandan [Ep 79]
Transcript
- 0:00Speaker 1: It's like a Tinder for geeks. So you scroll, you
- 0:02Speaker 1: find the gig you want, contact the guy and just
- 0:05Speaker 1: do it and get paid.
- 0:09Speaker 2: Welcome to the Glowvisor podcast, where we explore business growth, communication,
- 0:12Speaker 2: and personal development through real conversations with people who make
- 0:16Speaker 2: an impact. Our guest is a serial tech entrepreneur and
- 0:20Speaker 2: author recognized for building and growing innovative tech companies. He
- 0:25Speaker 2: drives business growth, advances technological innovation, and delivers lasting impact
- 0:30Speaker 2: through strategic leadership and operational excellence. Glowvisor welcomes Pars Bargadon.
- 0:37Speaker 1: Hi, Joe. How are you?
- 0:39Speaker 2: Great, thanks. Pleasure to have you here today.
- 0:41Speaker 1: Yeah, it's great to be here, and I'm looking forward
- 0:44Speaker 1: to it.
- 0:45Speaker 2: Excellent. So can you tell us a little bit more
- 0:47Speaker 2: about yourself? Yeah.
- 0:49Speaker 1: So I'm, first of all, Iranian-Turkish startup founder. And I
- 0:53Speaker 1: was born and grew up in Turkey, then moved to Iran,
- 0:56Speaker 1: and then after that Sri Lanka. And then now I'm
- 0:59Speaker 1: in Switzerland. So I'm five times founder, two times exit.
- 1:05Speaker 1: And right now we are heavily focusing on our new startup, Kataki.
- 1:09Speaker 2: All right. So let's go back a little bit. So
- 1:12Speaker 2: five times founder. So these were all tech companies? Yeah.
- 1:18Speaker 1: So all of them were heavily focused on technology and
- 1:21Speaker 1: basically intersection of technology and some impacts to the humans, right?
- 1:27Speaker 1: So the first one was a safety app. Second one
- 1:30Speaker 1: was a fashion app. And then we went to the
- 1:33Speaker 1: different companies in between. And at the end, like the
- 1:36Speaker 1: last two was one of them was Noxi, which was
- 1:38Speaker 1: a telecom company. which went to a private acquisition. And
- 1:42Speaker 1: right now we are focusing on CatechQ, which is helping
- 1:44Speaker 1: people to leave being unemployment and heavily focusing on finding
- 1:50Speaker 1: gigs and side hustles whenever you need.
- 1:53Speaker 2: Now, before we go on, I know some of the
- 1:55Speaker 2: other things that people are always thinking. You create a
- 1:59Speaker 2: tech company, right? It's a startup. And then it becomes
- 2:01Speaker 2: Google overnight. Is that how it happens for every single
- 2:05Speaker 2: startup you've done?
- 2:06Speaker 1: No, no, no, no, no. I mean, there's a long,
- 2:09Speaker 1: long thing that happens. I also mentioned that in my
- 2:12Speaker 1: book in Amazon, which is the first 5 a.m. And
- 2:15Speaker 1: you fail a lot in this whole situation. You know,
- 2:18Speaker 1: first of all, the first startup that I had, it
- 2:21Speaker 1: was just like I was thinking, OK, you know, we
- 2:24Speaker 1: found the company. Tomorrow we become the Google. You know,
- 2:26Speaker 1: I become a billionaire and everything is going well. But
- 2:30Speaker 1: that's totally the dream, you know. you will learn a
- 2:33Speaker 1: lot of things during these steps. And you can basically
- 2:37Speaker 1: see like you need to minimum have two, three businesses
- 2:40Speaker 1: and really learn from it. Like, okay, you can go
- 2:43Speaker 1: to the universities, learn like study business, study economics, study
- 2:48Speaker 1: all of these things. But these are just theoretical part
- 2:52Speaker 1: of the situation. And when you starting a business and
- 2:56Speaker 1: if you don't have reach uncle for sure, you need
- 2:59Speaker 1: to be your own accountant, be your own marketing specialist,
- 3:02Speaker 1: be your own business executive, decision-making guy, and be your
- 3:06Speaker 1: codering guy, you know, all of this stuff. So you
- 3:09Speaker 1: need to learn all of these things step by step.
- 3:12Speaker 1: And basically, I would say there is a lot of
- 3:14Speaker 1: blood and tears on this whole situation of building something.
- 3:18Speaker 1: And you should never give up. That's basically the most
- 3:21Speaker 1: important thing. Like you will fail a lot, a lot,
- 3:24Speaker 1: a lot. You will face a lot of challenges. But
- 3:26Speaker 1: at the end, There will be either a successful company
- 3:30Speaker 1: that you build or there will be a great background
- 3:33Speaker 1: knowledge and that you can really join the corporate world
- 3:36Speaker 1: if you want.
- 3:38Speaker 2: So here you are, you have this amazing dream and
- 3:41Speaker 2: an amazing idea. It's one of these startups. What happens
- 3:46Speaker 2: to the startup itself? It just fizzles out or what
- 3:50Speaker 2: is that moment where you're like, OK, this is it.
- 3:52Speaker 2: We're going to have to move on to the next project.
- 3:55Speaker 1: It really depends on the situation. So first of all,
- 3:58Speaker 1: 99% of the startups that failed in my startups before,
- 4:04Speaker 1: except Noxy and the other one that we had an exit,
- 4:08Speaker 1: was because of the founder conflict. So either one founder
- 4:11Speaker 1: gets distracted with a lot of other projects, doesn't have
- 4:14Speaker 1: enough motivation, has other priorities for sure. And in that case,
- 4:19Speaker 1: you know, you cannot do this stuff alone. For sure,
- 4:21Speaker 1: like there were times that I tried to do this
- 4:24Speaker 1: stuff alone. I said, okay, no problem. I either will
- 4:27Speaker 1: find another co-founder or I'm going to just, you know,
- 4:30Speaker 1: do it myself. You know, you'll become the brave guy.
- 4:33Speaker 1: This is going to, you know, become a warrior or stuff.
- 4:36Speaker 1: But yeah, I mean, 99% is the founder conflict and
- 4:39Speaker 1: this stuff. The second part is you basically don't have
- 4:44Speaker 1: a good market for your products. You know, you think,
- 4:47Speaker 1: You start with a solution and then try to look
- 4:49Speaker 1: for a problem. But that's actually the wrong thing most
- 4:52Speaker 1: first-time or second-time founders does. So what you normally should
- 4:57Speaker 1: do is first get a problem. Do not spend too
- 5:01Speaker 1: much time on it. Just try to build an MVP
- 5:04Speaker 1: or some simple stuff that you can test the market.
- 5:07Speaker 1: And if that really works, then you can go all
- 5:10Speaker 1: in to that product. So basically a problem. Then solution,
- 5:14Speaker 1: not basically solution to problem. These are the two things
- 5:17Speaker 1: that really we experienced a lot in the products.
- 5:20Speaker 2: I love that you're sharing this information. Now, when you
- 5:25Speaker 2: say that you're going to test the product, do you
- 5:27Speaker 2: have a specific number in mind that if you hit
- 5:31Speaker 2: a certain number, you're like, this is it. This is
- 5:33Speaker 2: going to work. We need to produce more from there.
- 5:36Speaker 1: So basically the way at least I work is not
- 5:40Speaker 1: just like specifying like a minimum benchmark or something. For sure,
- 5:45Speaker 1: we have different benchmarks that, okay, we have to reach
- 5:48Speaker 1: this certain point to see, okay, the market is validated,
- 5:51Speaker 1: et cetera. This is actually the base of having, like
- 5:54Speaker 1: starting a business. But when we really want to do
- 5:57Speaker 1: the testing phase of the product, we consider, like we
- 6:02Speaker 1: try to enter in a violent way. So what I
- 6:04Speaker 1: mean by violent is basically, Consider that startup as a child,
- 6:10Speaker 1: and your child is getting kidnapped, and you need six
- 6:14Speaker 1: lawyers or attorneys right now. What do you do? You
- 6:18Speaker 1: go all in. You find what you really need to
- 6:20Speaker 1: solve that problem, to test it, and all of this
- 6:23Speaker 1: stuff to save your child. And basically, this is what
- 6:27Speaker 1: we are doing in this aspect. So we heavily focus
- 6:30Speaker 1: on guerrilla marketing and violent market entry. with the lowest
- 6:34Speaker 1: cost because we take care of every operation by ourselves.
- 6:38Speaker 1: We do the tech part. We do the marketing. We
- 6:40Speaker 1: do the business aspect. And this is basically how it works.
- 6:45Speaker 2: I love that you're mentioning guerrilla marketing because I don't
- 6:48Speaker 2: hear it enough. And I tell you, it's one of the,
- 6:51Speaker 2: looking back at one of my businesses, I just went
- 6:54Speaker 2: all out in the guerrilla marketing. And it was the
- 6:57Speaker 2: very beginning. And then the business ran for a decade
- 6:59Speaker 2: on just the initial momentum that was thrown into it
- 7:04Speaker 2: and i always tell business owners when they're first starting
- 7:07Speaker 2: out i said give it a try because you don't
- 7:09Speaker 2: know and i think sometimes it's very valuable so i'm
- 7:11Speaker 2: glad that you brought that up but you know i
- 7:14Speaker 2: want to go back to those two times exits how
- 7:17Speaker 2: does that work i mean that's probably it sounds like
- 7:19Speaker 2: a dream come true right there do they knock on
- 7:22Speaker 2: your door or do you chase people down until they
- 7:24Speaker 2: finally connect with you and see your vision um.
- 7:27Speaker 1: The first thing is the networking part. So first, you
- 7:30Speaker 1: need to build that network. And it's not something that
- 7:33Speaker 1: you're going to build in one startup or two startup.
- 7:36Speaker 1: You're building it over time. That's the first thing. The
- 7:39Speaker 1: second part is that the timing. Even if you have
- 7:43Speaker 1: the greatest idea, greatest team, greatest product, everything, if it's
- 7:48Speaker 1: not the right time for that product, 99% is going
- 7:51Speaker 1: to fail. And this is actually a proven model that
- 7:55Speaker 1: I did research about it a lot. The first product
- 7:59Speaker 1: was an entertainment company, which was heavily focusing on the
- 8:02Speaker 1: intersection of being a web builder and also an entertainment platform,
- 8:07Speaker 1: like a digital casino, so that influencers can build their
- 8:12Speaker 1: own legal casino and then interact with their own audience.
- 8:17Speaker 1: And that one went through a private acquisition with a
- 8:20Speaker 1: very close private network that I had. And I was
- 8:24Speaker 1: a solo founder there. So it was just me developing it,
- 8:27Speaker 1: testing it and all of this stuff. And I would
- 8:30Speaker 1: say that time was like we had a very good
- 8:33Speaker 1: timing at that point. I would say like this is
- 8:35Speaker 1: not a new idea or it's not an innovative idea. OK,
- 8:38Speaker 1: there is some small innovations on it, like automations, et cetera,
- 8:41Speaker 1: before AI is coming. Right. But, you know, at the end,
- 8:46Speaker 1: it was the timing aspect. And it went through the acquisition.
- 8:49Speaker 1: And then after that, it gave me like some space
- 8:52Speaker 1: to really think about what will be the next project.
- 8:55Speaker 1: At the same time, gave me more respect, right? So
- 8:58Speaker 1: this is the first thing that every startup founder wants
- 9:01Speaker 1: to have, right? Okay, I sold my company. Now what's
- 9:04Speaker 1: going to happen? At the same time for the second startup,
- 9:08Speaker 1: it was a bit more challenging because It was a
- 9:11Speaker 1: telecom company. And then you have giant telecoms that are like,
- 9:15Speaker 1: you know, spending billions of dollars on infrastructure. And then
- 9:19Speaker 1: you are just a new startup coming to the market.
- 9:22Speaker 1: And I would say that that time, first, the innovation,
- 9:26Speaker 1: second was the team. And the third one was basically
- 9:28Speaker 1: the heavy PR that we did about the Noxi, the
- 9:34Speaker 1: company that we had and about me as the founder
- 9:36Speaker 1: and the visionary team. on how we are really chasing
- 9:41Speaker 1: the next revolution of the telecom industry. And for sure,
- 9:45Speaker 1: we had a great product as well. If we didn't
- 9:48Speaker 1: get acquired, we would have a lot of chance to
- 9:51Speaker 1: really change the market as well.
- 9:54Speaker 2: Yeah, I'm sure that must have been so exciting. But
- 9:57Speaker 2: now that you've had a lot of space and time,
- 10:00Speaker 2: to think about it, you're working on a new project, Kataki.
- 10:03Speaker 2: Tell us a little bit more about that.
- 10:05Speaker 1: Basically, me and Ryan, my co-founder at Kataki, we met
- 10:09Speaker 1: at Startup Bootcamp, which we received our first investment for Noxy,
- 10:14Speaker 1: my previous startup. And Ryan was also working on his
- 10:17Speaker 1: own previous crypto company. And, you know, we had a
- 10:21Speaker 1: really good connection together after finishing the startup bootcamp process.
- 10:25Speaker 1: We just, you know, we were just chatting with each
- 10:27Speaker 1: other and all of this stuff. And after Noxy getting acquired,
- 10:31Speaker 1: I said to Ryan, hey, you know, I want to
- 10:33Speaker 1: do something else, you know, something a bit different, more
- 10:37Speaker 1: like a customer base, because what we were heavily doing
- 10:40Speaker 1: were B2B. Like most of the startups that I built,
- 10:43Speaker 1: the first one was B2G, B2C. The second one was B2B, B2C.
- 10:47Speaker 1: Like there was a lot of, you know, too many
- 10:50Speaker 1: things going on, but I never had a marketplace, you know,
- 10:53Speaker 1: and that's why I said, like, let's just build a
- 10:55Speaker 1: marketplace focusing on gig economy and why we don't help
- 10:59Speaker 1: people to have something like Craigslist in the US, in
- 11:03Speaker 1: Latin America, or, you know, other developing countries. And, you know,
- 11:08Speaker 1: after that, we were just like, boom, maybe we found
- 11:11Speaker 1: the next, you know, idea that we can either sell
- 11:14Speaker 1: or just, build it ourselves. And, you know, after that,
- 11:18Speaker 1: we did a lot of research about what we need
- 11:21Speaker 1: to do, et cetera. But basically, in simple words, what
- 11:24Speaker 1: Catechi does is helping you to find geeks whenever you need.
- 11:28Speaker 1: For example, either you're a full-time employee, after your job
- 11:32Speaker 1: is finished, you're going home, you need a side hustle.
- 11:35Speaker 1: Instead of doing Uber, if you don't have a car,
- 11:37Speaker 1: you just, you know, it's like a Tinder for geeks.
- 11:40Speaker 1: So you scroll, you find the gig you want, contact
- 11:43Speaker 1: the guy and just do it and get paid. So
- 11:46Speaker 1: this works like this. And for people who fully want
- 11:49Speaker 1: to rely on the gigs, you don't need to work anymore.
- 11:52Speaker 1: You just scroll, find the gig you want to do
- 11:55Speaker 1: and do it and earn your money.
- 11:57Speaker 2: Do you handle the payment gateway?
- 11:59Speaker 1: No, no. So that's actually one of the biggest challenges
- 12:03Speaker 1: we were facing because we wanted to handle the payment part.
- 12:06Speaker 1: and also get a commission out of it, etc. But unfortunately,
- 12:10Speaker 1: Brazilian market is a heavy regulated market on financial part.
- 12:15Speaker 1: And Catechi is a Brazilian company, but the parent company
- 12:18Speaker 1: is in the US. So it's Venture Inc. And what
- 12:23Speaker 1: we had to do is dealing with a lot of
- 12:25Speaker 1: foreign currencies and exchange rates and all of this stuff.
- 12:30Speaker 1: So we said, okay, we are not going to handle
- 12:31Speaker 1: that part. We are going to charge a subscription, a
- 12:34Speaker 1: very small subscription. on the people who are posting the
- 12:38Speaker 1: jobs and it will be fully free for the users
- 12:40Speaker 1: who are, you know, looking for the jobs. That's basically
- 12:43Speaker 1: what we are doing right now.
- 12:45Speaker 2: What made you choose the name Kataki?
- 12:47Speaker 1: Kataki actually is, like, there are different stuff in Brazil
- 12:53Speaker 1: named Kataki, but basically it's a slang of go get it.
- 12:59Speaker 1: So basically it's like this and Ryan told me that
- 13:02Speaker 1: and I said, is it easy to pronounce in Brazil?
- 13:05Speaker 1: Is it like, you know, something people know, et cetera.
- 13:08Speaker 1: And I said, the audience that we are targeting are
- 13:11Speaker 1: the people who are looking for the jobs who are
- 13:13Speaker 1: most of the time out in the street and all
- 13:15Speaker 1: of this stuff. So they already know this language. That's
- 13:19Speaker 1: why I said, okay, we need to, instead of being
- 13:21Speaker 1: like a company that has too much distance with our audience,
- 13:24Speaker 1: like being a luxury VIP company providing job, we can
- 13:28Speaker 1: be like more similar to the audience that we are leaving, right?
- 13:31Speaker 1: Instead of being like a top brand, We just be
- 13:34Speaker 1: like exact same as our audience, have the same language
- 13:37Speaker 1: with them and all of this stuff. So it feels
- 13:40Speaker 1: more comfortable on the brand psychology for them.
- 13:43Speaker 2: What made you choose Brazil?
- 13:45Speaker 1: So first of all, we wanted to launch it in
- 13:49Speaker 1: the US, right? Because we said, okay, we have Craigslist.
- 13:52Speaker 1: For sure, it has a very huge audience, like 100
- 13:55Speaker 1: million users per month or per year or something like this.
- 13:59Speaker 1: And the problem was, okay, you know, it's already established.
- 14:04Speaker 1: And we don't want to enter a market like this without,
- 14:07Speaker 1: because we don't have too much budget for marketing and advertising.
- 14:10Speaker 1: Like I will tell you in the next steps, like
- 14:13Speaker 1: what we did for the Gorilla marketing for Kataki. But
- 14:18Speaker 1: we said, okay, let's just conquer one side of the markets, right?
- 14:23Speaker 1: Because I see the markets as a war, you know,
- 14:25Speaker 1: either I take it or the other computers, there's no
- 14:27Speaker 1: other thing in here. And what was happening is that
- 14:31Speaker 1: Ryan said, OK, first, Brazil is a very local and
- 14:35Speaker 1: heavy community focused region. And people are really focused on
- 14:41Speaker 1: using WhatsApp on a daily basis. And that's how we integrated,
- 14:45Speaker 1: you know, WhatsApp in Qataki and heavily focused on WhatsApp
- 14:48Speaker 1: communications and our WhatsApp bots. And at the same time,
- 14:52Speaker 1: you know, we want to focus on Switzerland, Europe, and
- 14:55Speaker 1: this stuff. And we said, okay, you know, we don't
- 14:57Speaker 1: want to deal with too much regulations on data protection
- 15:00Speaker 1: and all of this stuff, you know, because there's different
- 15:04Speaker 1: regions and all of these things. And at the same time,
- 15:06Speaker 1: we want to focus on a single country that has
- 15:09Speaker 1: the highest community that is looking for side hustles and geeks.
- 15:14Speaker 1: And then employment rate is very, you know, low. So
- 15:19Speaker 1: more unemployed people exist and they are looking for better opportunities.
- 15:24Speaker 1: And then just being, you know, in a corporate life
- 15:27Speaker 1: because the education level in Brazil also is not that high.
- 15:33Speaker 1: So the amount of people that know English, because if
- 15:36Speaker 1: you want to go for a corporate role, you must
- 15:38Speaker 1: know English. And the amount of people who knows English
- 15:41Speaker 1: is very low. So these people, unfortunately, doesn't have any
- 15:45Speaker 1: chance to only focus on gigs, side hustles, and day-to-day jobs.
- 15:49Speaker 1: And that was the greatest market that we could say, okay,
- 15:52Speaker 1: let's just focus on this market right now.
- 15:55Speaker 2: Now, yeah, if you don't mind, I would love to
- 15:57Speaker 2: hear a couple of the examples of your guerrilla marketing.
- 16:00Speaker 2: Because think about it. Here you are, you're producing something
- 16:03Speaker 2: from the other side of the world. And you're coming
- 16:05Speaker 2: into a new market, another language, and you're saying, hey,
- 16:10Speaker 2: we're going to take over Craigslist. And how do you
- 16:13Speaker 2: do that?
- 16:14Speaker 1: I mean, there is a lot of funny stuff here
- 16:16Speaker 1: in between. Like me and Ryan was like, I started
- 16:20Speaker 1: learning Portuguese, you know, Brazilian Portuguese as well, you know.
- 16:24Speaker 1: And at the same time, you know, I actually did
- 16:27Speaker 1: a lot of research about because I need to first
- 16:30Speaker 1: understand the audience to then decide on what would be
- 16:33Speaker 1: the business aspect or what would be the marketing, like
- 16:36Speaker 1: how I'm going to do the marketing for those people.
- 16:38Speaker 1: So I need to really think about what they really
- 16:42Speaker 1: think on a daily basis, right? It's exactly like an actor.
- 16:45Speaker 1: If an actor wants to play a serial killer, he
- 16:49Speaker 1: really goes and understands how they really think, right? On business,
- 16:54Speaker 1: we do this stuff as well. So basically, I understood
- 16:58Speaker 1: that they are heavily relied on church communities, NGOs that
- 17:02Speaker 1: are looking for the job, job finding NGOs. And also,
- 17:08Speaker 1: it's very, very local than we think. So they are
- 17:11Speaker 1: heavily focused on outdated Facebook groups, outdated WhatsApp groups. And
- 17:17Speaker 1: one of the things that we did for the guerrilla
- 17:19Speaker 1: marketing was Ryan, like I paid a friend of Ryan
- 17:23Speaker 1: and Ryan and his friend went to the Sao Paulo's,
- 17:27Speaker 1: like the beach area. And they put a game, like
- 17:31Speaker 1: how many push-ups you can do and you would win
- 17:33Speaker 1: if you do the push-ups. And this way we grabbed
- 17:35Speaker 1: like a lot of audience there on the beach. And
- 17:38Speaker 1: then he was distributing the QR codes at the same
- 17:40Speaker 1: time while they were praying, right? And the first one
- 17:43Speaker 1: who wins, like first 10 people that like winning these
- 17:46Speaker 1: push-up competition wins. They got like a gold subscription that
- 17:51Speaker 1: you're probably, I mean, it's not gold subscription, but basically
- 17:53Speaker 1: a free annual subscription. So they could just, you know,
- 17:58Speaker 1: do the scrolls and finding jobs without limits. That's also
- 18:02Speaker 1: another plan that we bring later. And at the same time,
- 18:06Speaker 1: what we did is we said, okay, in Brazil, in
- 18:09Speaker 1: the streets, there's a lot of, you know, brochures, banners,
- 18:12Speaker 1: and all of this stuff. But people really don't look
- 18:15Speaker 1: at it, right? And what we said is that instead
- 18:18Speaker 1: of just putting our company name and then the slogan
- 18:21Speaker 1: and the QR code to download the app, why we
- 18:24Speaker 1: just don't put like a big QR code and an arrow?
- 18:28Speaker 1: That's it. No text, nothing. Like this would grab the
- 18:32Speaker 1: audience like, oh, what is this? Why there is no text?
- 18:35Speaker 1: Why there is no company? What's happening, right? And we
- 18:39Speaker 1: received a lot of scans, like the analytics that we had. Oh,
- 18:42Speaker 1: my God. We received a lot of users scanning those
- 18:45Speaker 1: QR codes. And we said, I think we found this.
- 18:48Speaker 1: And I mean, another reason that we got a lot of,
- 18:51Speaker 1: you know, analytics and a lot of traffic to our
- 18:54Speaker 1: website was we, like I did a research on which
- 18:58Speaker 1: train stations or subway stations are the most populated one
- 19:03Speaker 1: for the people who are looking for the jobs or
- 19:05Speaker 1: who are going to the corporate, like going to apply
- 19:08Speaker 1: for a job or this stuff, right? And we place those,
- 19:11Speaker 1: you know, flares in these parts of the, like the subways.
- 19:17Speaker 1: And that was one of the effective methods that we did.
- 19:19Speaker 1: Like this is just two of them. Like on the
- 19:22Speaker 1: digital aspect, what we did is we spammed in the
- 19:25Speaker 1: Reddit communities. So we created 14 to 20 Reddit accounts,
- 19:31Speaker 1: all with the Brazil region and all this stuff. And
- 19:34Speaker 1: we started commenting and acting like a Brazilian native user
- 19:40Speaker 1: that is saying, oh my God, I found this app.
- 19:42Speaker 1: It's amazing, but as a user perspective, not as a
- 19:45Speaker 1: person who is developing it. And this way we build
- 19:47Speaker 1: a trust between the users that oh my God, there's
- 19:50Speaker 1: a new app and all of this stuff.
- 19:52Speaker 2: Now, so you've already sampled the market and how is
- 19:57Speaker 2: it going? Have you had any like real success stories
- 19:59Speaker 2: that you can share with us?
- 20:01Speaker 1: Yeah, so currently we finished the pilot in, if I'm
- 20:04Speaker 1: not mistaken, it was five, six neighborhoods in Brazil, in
- 20:08Speaker 1: Sao Paulo city specifically, because Brazil is huge. Yeah, I mean,
- 20:11Speaker 1: it's a very huge region, right? So we did those pilots.
- 20:16Speaker 1: We received, if I'm not mistaken, more than five to
- 20:20Speaker 1: eight K active users using the app on the private pilots.
- 20:26Speaker 1: And at the same time, you know, the biggest problem
- 20:28Speaker 1: in every marketplace is the seeding. So basically it's a
- 20:31Speaker 1: chicken and egg problem. Well, you have people who is
- 20:33Speaker 1: going to post the jobs or you're going to have
- 20:36Speaker 1: people who are going to use the app first. Like
- 20:38Speaker 1: which one is coming first, right? And we fixed this
- 20:41Speaker 1: problem in the beginning. So what we did is we
- 20:45Speaker 1: had like initially the first day that we launched the pilot,
- 20:48Speaker 1: we had more than 100 jobs per day posted in
- 20:51Speaker 1: our app. And currently we have like more than 800 jobs.
- 20:56Speaker 1: on every two, three days is updating, right? And all
- 20:59Speaker 1: of them is closing, because if someone applies and the
- 21:03Speaker 1: job gets closed, that time is like the closure of
- 21:07Speaker 1: jobs is like less than 30, 40 minutes. So basically
- 21:11Speaker 1: both sides of the marketplace are now happy. And that's
- 21:14Speaker 1: why we are aiming for like a full launch by
- 21:17Speaker 1: next week.
- 21:18Speaker 2: I can't wait to hear more about this. Now, who
- 21:22Speaker 2: are you looking forward to connecting with? Now that Kataki
- 21:26Speaker 2: is about to fully launch next week, who should be
- 21:30Speaker 2: contacting you right now?
- 21:32Speaker 1: So first of all, we really need to have a great,
- 21:35Speaker 1: you know, marketing team as well, because we are not
- 21:38Speaker 1: going to do this stuff alone. We received a lot
- 21:41Speaker 1: of offers from investors who's going to really invest on
- 21:44Speaker 1: the product. So we are currently considering, some of them
- 21:47Speaker 1: are from US, some of them are from Brazil as well.
- 21:51Speaker 1: So we are currently need to like, heavy focus on
- 21:54Speaker 1: our HR and really bringing new people to the company
- 21:59Speaker 1: because we will have a lot of operations going on
- 22:01Speaker 1: like this during the pilot time. We didn't have enough sleep.
- 22:06Speaker 1: I would say like less, like two, three hours or
- 22:08Speaker 1: something like this. And especially Ryan was like, I think
- 22:12Speaker 1: he didn't sleep for three days or it was something
- 22:14Speaker 1: like this. I mean, he's sleeping right now. You know,
- 22:17Speaker 1: I'm in touch with him right now, but like, This
- 22:20Speaker 1: is the issue. We really received a lot of positive feedback,
- 22:24Speaker 1: which we were not ready for it, right? And right
- 22:27Speaker 1: now we need to grow the team, get new people
- 22:30Speaker 1: heavily focused on marketing side because it's a digital product.
- 22:35Speaker 1: You know, we are getting some new developers, but basically
- 22:38Speaker 1: this is what we need. New executive people for sure
- 22:40Speaker 1: as well, right? Because who have enough experience on this region,
- 22:45Speaker 1: like the LATAM region, that also works for us because
- 22:50Speaker 1: more minds would help us to have better strategies on
- 22:53Speaker 1: how we are going to, you know, draw the next
- 22:56Speaker 1: steps for Kataki.
- 22:58Speaker 2: Now, what would you say is the most important takeaway
- 23:00Speaker 2: that you want our listeners to remember from today's conversation?
- 23:03Speaker 1: So first of all, you know, when you're starting a business,
- 23:08Speaker 1: you don't need to spend a lot of money on it.
- 23:11Speaker 1: So if you don't have money, if you don't have
- 23:13Speaker 1: the reach on call, this is not the base for
- 23:16Speaker 1: starting a business, right? You can spend more time on
- 23:20Speaker 1: learning some basic stuff that you need to have those businesses.
- 23:24Speaker 1: Never give up. That's the first important thing. Like people
- 23:28Speaker 1: around you are going to tell you, oh my God,
- 23:30Speaker 1: it's not going to work. Go work for a corporate life,
- 23:33Speaker 1: have your insurance, have your life and just enjoy, you know,
- 23:36Speaker 1: have kids, have family, etc. But at the end, especially
- 23:41Speaker 1: if you don't have a family yet, I would recommend
- 23:45Speaker 1: just heavily focus on the startups. Never give up. This
- 23:49Speaker 1: is the time that you need to work on it
- 23:51Speaker 1: so that in the next 20 years, you're going to
- 23:54Speaker 1: be the successful guy that everyone is mentioning.
- 23:57Speaker 2: Awesome advice for sure. And, you know, I always like
- 24:00Speaker 2: to say it's the same thing. It's a good is
- 24:03Speaker 2: the enemy of great, right? Exactly. You're absorbing that good
- 24:07Speaker 2: and you're enjoying it. Sometimes we just don't step out
- 24:09Speaker 2: and go for the great. Yeah. Exactly. So where can
- 24:13Speaker 2: people connect with you online and what resources are available?
- 24:17Speaker 2: Where should they continue this conversation? Find out more about Kataki. Yeah.
- 24:21Speaker 1: So first of all, if they just search kataki.com, it's
- 24:25Speaker 1: the first one in Google. At the same time, if
- 24:28Speaker 1: they want to reach out to me to get more
- 24:30Speaker 1: advice or more ideas on what they are doing in
- 24:32Speaker 1: their business, for sure, I can also help with my expertise.
- 24:36Speaker 1: And they can just Google my name, just say Parse,
- 24:39Speaker 1: and that the first result is me, hopefully. And also
- 24:42Speaker 1: they can connect me on LinkedIn with Parse Bargandon at
- 24:45Speaker 1: the same time. And my website is also parsebargandon.com, which
- 24:50Speaker 1: they can reach out to me. So if they just,
- 24:52Speaker 1: no need to remember my last name because it's a
- 24:54Speaker 1: bit hard, you know, if you had the challenges. So
- 24:57Speaker 1: I would say just Google Parse Startup, Parse Founder, I
- 25:01Speaker 1: will be the first result on Google.
- 25:02Speaker 2: Parsh, thank you so much for joining us. We really
- 25:04Speaker 2: appreciate your time and all of the guerrilla marketing ideas
- 25:09Speaker 2: that you shared. I love these.
- 25:11Speaker 1: Yeah, it was great to meet and also be here, Jewel.
- 25:15Speaker 1: I hope the audience will also find it useful. And
- 25:19Speaker 1: I will be looking for the comments, you know, to
- 25:21Speaker 1: see like what people are talking about as well. And yeah,
- 25:24Speaker 1: I mean, it was great to be here.
- 25:27Speaker 2: Thanks everyone for listening. In this episode of Inspire You,
- 25:30Speaker 2: make sure you share it. And don't forget to follow
- 25:31Speaker 2: the Globalizer podcast for more conversations that make an impact.
- 25:35Speaker 2: Till the next time.