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Tarik Khribech

๐Ÿ‘ค Speaker
211 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

growth in the city of Chicago, and then eventually get the plan to expand to other market like Atlanta, Georgia, as well as in LA, California.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

So far, what we've had as we were learning from the process is the application has a little bit of difficulty.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

So that's why we're currently re-engineering the app to make it user-friendly, make it easy to use, and also create what we call the network effect.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

So I recently came across the book.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

It's called The Hook by Nir Eel.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

I'm sure you're familiar with it.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

And the idea was to create something that people can almost not get addicted to.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

but it also comes in like every time you come in and you feel like you incentivize to spend more time on the applications in terms of getting jobs or looking to fulfill the service.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

No, we have jobs.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

We've been doing jobs.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

So roughly, we've done roughly around $45,000 to $50,000 in revenue since launch.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Okay.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

We've completed roughly about 250 jobs and there was a 300 jobs that were unfulfilled.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

And the reason why they were unfulfilled because customers were probably coming at a very low valuation.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

This is why we created the model of now contractors can actually submit a counter offer just to help the consumers figure it out.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

If that, you know, they really, the sense of urgency, if they want to do that job, this is roughly the bulk price that they need to be.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

So here's the funny that you said that we figured out a way of growth hacking to get contractors.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

Right now we have about 7,000 contractors across our platform with 13,000 contractors and a pipeline that we didn't even have to actually start taking up the

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

applications.

SaaS Interviews with CEOs, Startups, Founders
1566 How This Thumbtack Competitor Hopes to Win with $50k in GMV Last 12 Months

We found it.