The Exchanges

Q Yeah, but you don't have a ton of jobs. That's the thing, right? That's what I'm saying is like, how do you convince all these contractors to sign up when you don't have a ton of jobs for everyone?

A Well, at this point, they just look at our social media and they want to start, be part of it. I mean, How do they know? We don't tell them that how many jobs do we have specifically in their area. We've gotten a lot of people applying from a different regions. And then we send them an email like, Hey, look, we appreciate you, your help. You want to be part of our network. We're not currently available in your area, but as soon as we are, we will let you know. However, however, even if they choose to opt out to, to use in the app, we don't, they don't, the way the app works is they don't have to go there and manually search for jobs. If there is anything within your area right now, within the service category that you chose, like, let's say you want to be handyman. We send you a push notification. So you don't have to look in the app. We let's say, Hey, Nathan, there is a job near you. You open the app, you look at the, it's all of the job. And then at that point you decided that makes sense or it doesn't. It's not, we're taking a lot of these labor work for them. And then this passion is done automatically for them.

AI assessment note: “they just look at our social media... How do they know? We don't tell them”

Q Okay. And how are you, so you're in a very beautiful spot right now in terms of experiments and figuring things out. How are you convincing both sides of the marketplace to use you? For example, I would never use it as a consumer because I'm going to think, well, they're brand new. He's not gonna be able to fill my job. Why waste my time?

A So here's the funny that you said that we figured out a way of growth hacking to get contractors. Right now we have about 7000 contractors across our platform with a 13,000 contractors and the pipeline that we didn't even have to actually start taking applications. We found a high power. I mean, there's no lack of contractors looking to, to, to do jobs because they've been hurt by these other competitors that are charging them 30 bucks just to get a lead, and there's no guarantee you're getting the job. Here we are. We're offering you an actual job, not a lead, and it's entirely at that point. It doesn't cost you anything to, to submit an offer or accept it as a face value. So it's not a shortage amount. What we have now we're focusing on is trying to find clients like yourself, people that want to come to the app. Um, that's why with the focus now is shifted back into Chicago, even though if you look at our user map, It has a nationwide user presence, but we want to stay focused in the city of Chicago, make sure we understand our KPIs, understand our customer personas, make sure we find, you know, we get the lowest cost possible to find these clients and hopefully build some sort of a metrics that allow them to come back for more.

AI assessment note: “What we have now we're focusing on is trying to find clients like yourself”

Q Yeah. Okay. Last question. You have good looking guy, nice jewelry on. You got a picture of you behind you in the Chicago Tribune. Looks like a nice office. You're only on 10 grand in revenue in this company. Why are you doing this? Why didn't you just double down on Moroccan gold and cosmetics? I mean, why not keep building that thing?

A Well, I'm originally from Morocco. So when I came across this whole shared economy, we grew up in it. And the fact that a lot of these companies, I see them taking advantage of small businesses, not actually allowing them to thrive and then calling it, I'm helping you. It's not a really help if you're going to charge someone up front. So I want to get into this space and bring my roots with how we actually live this shared economy. And the way we do it is you make money, I make money. It has to be somewhat of a fair ground. You know, it doesn't have to cost you anything. And then especially my goal, my belief is I want everybody Regardless of their income, Nathan, to be able to afford to hire help. We can't just live in this society where, oh, you have to make certain income to be able to afford to hire a cleaning service. Here's an example. I wanted to get someone to clean my house through TaskRabbit, and they were charging me around 430 bucks. That's literally what the price they called me for. I'm like, hey, screw that. I'm not going to spend 430. And then for sure as hell, there's millions of people out there that don't have that money to spend it and clean in the house. So I use my own app. I post a job for a hundred bucks. The exact same place, the exact same square footage, exact same dimensions. And I've had not one offer. I've had 17 different offers, and I picked one …

AI assessment note: “So I want to get into this space and bring my roots”

Q And how many jobs right now are you processing per month? Would you say successfully?

A Uh, so far it's been, so what we've had, as we were learning from the processes, the application has a little bit of difficulty. So that's why we're currently rebuilding the actual reengineering the app to make it a user friendly, make it easy to use and also create what we call like the network effect. So I recently came across the book. It's called the hook by near ill. I'm sure you're familiar with it. And the idea was to create something that people can almost not an addicted to it, but it's 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 Uh, getting jobs or sure.

AI assessment note: “the application has a little bit of difficulty. So that's why we're currently rebuilding”