After being a crucial part of brand development and click monetization projects of several Fortune 500 companies, serial entrepreneur Kamran Karim is taking the entrepreneurial world by storm armed with his more than 13 years of professional experience in mobile app development, software development, deployment building strategic alliances, branding, product life cycle completion, digital marketing, and internet promotions.
Kamran Karim has founded several companies, such as Tech Whizards – a global company that provides innovative digital solutions for businesses, and Yacht Rental DXB – a luxury yacht rental company applying Uber’s digital business model for clients to rent yachts and spend time with their friends and their loved ones. He is also the founder of Binary Geeks – a software house that provides innovative products for the global market.
Kamran Karim has a number of exciting upcoming projects lined up, such as a YouTube channel named “She Inspires,” where they will be interviewing women who have gone through struggles and overcame all the obstacles life put them through. He’s also planning to launch another YouTube channel called DefiGeeks, which is catered to the Pakistan market, where they are planning to post weekly episodes about cryptocurrency and the hype surrounding it. Lastly, he’s also in the process of launching a private jet rental company called Jetify in UAE, where users will be able to follow the Uber business model and rent private jets, similar to their Yacht initiative.
Global Elite Entrepreneur recently caught up with Kamran to discuss his journey to entrepreneurship, and here’s what went down:
What inspired you to develop your idea? What is unique about your business?
I believe that ideation is a gift; it is definitely inspired, and for a person like me, inspiration comes from being spiritually connected to my environment, being able to seek the “What is missing” element in my surroundings, and then forming that element into an idea. Many people get inspired but cannot evolve that inspiration into an idea, which is what sets me and my business apart; my ability to get inspired, evolve that into an idea, and most importantly, implement it to make my whole business strategization “unique.”
How have your priorities changed from when you first started?
I think everyone’s priorities need to change from time to time; if there is no change in priorities, then there is no evolution and no movement towards the higher order. That said, my priorities have definitely changed from the beginning to now. Initially, it was more of a subtle change in priorities than a deliberate or planned thing.
Knowing what you know now, is there anything you would have done differently when you were first starting out?
You will find me incredibly poetic here but, I don’t think a person should think of undoing their previous mistakes. Ask me why and the answer will be that I find that mistakes define the journey to success, so one should not regret any mistakes they might have made in the past.
What challenges did you have to overcome at the beginning of your journey? How long did it take you to find success?
I am still a long way from being successful in the way I’d want to be; however, my challenges have changed since I began my first business. Initially, I used to be worried about matters like finding investors, and finance, while now I worry more about things like product sustainability, marketing, etc.
What strategies did you first use to market your business?
I think the most common strategies for business are the ones where I employed myself in the beginning. I also took advantage of the various social media platforms and heavily utilized them to promote my business and create a market for my products. Now, it is more word of mouth situation, a family of clientele, and the likes.
What has been the most valuable lesson you’ve learned while in business. This can be about your industry or about yourself.
Patience is a virtue! Instead of expecting to become a success overnight, one needs to be patient and plod their way towards success.
How do you define success?
Internal satisfaction and the gratification that one obtains when you see your business being trusted by a lot of people – and knowing that you are the person behind the business. That is what I call success.
What have you enjoyed most about starting your own company?
A person like me loves everything about the experience of starting their own company. It is like you have a baby, and you are watching it grow. The first clients are like the first steps; the 2nd product is like the baby has learned a new word. So, I can not as such define any specific thing that I enjoyed the most while starting my own company. I think it’s everything about it.
What is the best advice you have ever been given?
The same one I quoted about patience being a virtue.
What are your future plans? Inside your career or out of it.
Well, expansion, the addition of new things, and diversifying into other areas are on the cards; as for plans outside the career, I’d rather not discuss at the moment. I tend to be a highly private person.
