Gulf Business

How I got here…

Co- founder and CEk of Washmen

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RAMI SHAAR Co-founder and CEO of Washmen

EDUCATION

I’ve always been good at maths, but hated reading books and having to absorb a ton of redundant informatio­n. I think that’s where I started developing a true love for hacking redundancy and getting straight to the point. I wouldn’t read long books, but from a short summary I was able to debate with structured arguments with anyone – including the teacher – and challenge the common view. I’ve always loved challengin­g the status quo – or even shocking it. After studying at the American Internatio­nal School in Riyadh, I moved to iontreal to earn my bachelor of arts at Concordia qniversity in binance.

APPROACH

I’ve always been an intense person, and if there is something I don’t know, I will obsess over it to the point of knowing the ins and outs. I won’t quit until I can hack my way through whatever that is. phat’s what happens every single day at Washmen. I had no clue about running a laundry business. I had no clue about building apps. I had no clue how to find proper investors, how to build a team, or create a structure. I had only very basic notions of marketing. But that cluelessne­ss was fuel. I actually started appreciati­ng the feeling of not knowing what to do because it’s a lot of fun to hack and find your way around in any circumstan­ces.

HIGHS AND LOWS

kne of my all-time lows was actually while I was still an employee. Anyone who knows me will tell you that I can’t deal with office politics. During one of my jobs I found myself working under uninspirin­g leaders and unfortunat­ely my patience is extremely limited in these kinds of situations. Washmen gave me a ‘light at the end of the tunnel’, because I knew that by becoming an entreprene­ur I could really take my fate into my own hands. iy success would not depend on the arbitrary judgement of someone else, who sometimes proves to be much less resourcefu­l than you are. iy high is probably right now. Washmen is experienci­ng a crazy growth and we are bringing the business to new heights. Stay tuned for some big things that are about to happen.

MY S TART

After finishing my degree, I started my career in investment banking at iorgan Stanley. phat’s where I learned how to get things done and work under extreme pressure – it was a tough place to start a career. It was not until I joined SwiCorp lrivate Equity that everything I learned at iorgan Stanley started to make sense. I started to find my own style of getting things done, to structure my thinking and to avoid reacting under pressure, developing instead a systematic approach. When reading the news about people starting their own business, I had some admiration and wanted to start my own gig as well. But I wasn’t sure what, or how to do so exactly. kne day, when I had an argument over the phone with a laundry service, I had a ‘eureka’ moment. If an app had disrupted the transporta­tion industry, why couldn’t another app disrupt the laundry business? phat’s when I first thought of Washmen. I tried to poach someone from qber but instead she convinced me to join qber to nail the fundamenta­ls of an app-based business. After one year at qber, I was ready to take the leap of faith.

DOS AND DON’TS

Never say you don’t know. When someone in my team says this, it drives me crazy. If you don’t know, figure something out. A response is better than lingering around without knowing what to do. uour solution might not be perfect, but at least you made the effort of coming up with something to solve the problem. Never stop questionin­g the status quo, challengin­g it and telling yourself that it’s possible. Erase the word impossible from your internal vocabulary. I’ve seen many bright guys debilitate­d by that word. phey are much more knowledgea­ble than me, much more qualified, but they are stuck in their own cubicle of fears and insecuriti­es because of that word. phat’s probably why I love the popular sports brand’s slogan: ‘impossible is nothing’.

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