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Ameer Sherif is the founder and chairman of Basharsoft, the company behind Wuzzuf and Forasna, Egypt's leading online employment platforms for both white collar and blue collar workers, respectively. Collectively, both platforms impacted the lives of over seven million job seekers in Egypt and helped 70,000+ companies hire more than one million people over the past years. They've had significant growth and impact on the local online employment market, and they have been one of Egypt's fastest growing local tech companies. He's raised a total of 12 million in VC funding along the way, and he's built a team of over 300 employees. And many of his investors, as we will tell the story, were investing in the region for the first time when they invested in Basharsoft. Today, he leads the company's expansion into Saudi Arabia, the GCC, and Africa. In 2019, he was selected as an endeavor entrepreneur and named a young global leader by the World Economic Forum. He also sits on the board of Egytrans, a publicly listed logistics company, and ITIDA, the executive arm of the Egyptian Ministry of ICT. Helping set strategies for Egypt on digitization, innovation, entrepreneurship. Ameer is also a venture partner with Khwarizmi Ventures, a 70 million dollar MENA focused VC fund based in KSA, where he spent two years as a partner and continues to advise portfolio founders. He holds a master's degree in computer engineering, and a bachelor's in electrical and communications engineering from Cairo University. He's also completed a master's in Executive programs on public policy at the Harvard Kennedy School and business leadership executive programs at MIT, Stanford, INSEAD, and HBS. —----------------------------------------------------------- The Startups Arabia Podcast connects you to the most prominent founders, investors, and operators of the Arab region. You will be inspired by their success, the challenges they overcame and the opportunities they see. Follow us on our social media platforms to stay updated and get in touch: LinkedIn: Startups Arabia Podcast ( / startups-arabia-podcast ) Twitter: @ArabiaStartups ( / arabiastartups ) Facebook: @startupsarabia ( / startupsarabia ) Youtube: Startups Arabia Podcast ( / @startupsarabiapodcast4364 ) —--- Resources—--------: Hasan’s LinkedIn account: ( / omar-hagrass ) @Ameer Sherif ( / ameersherif ) Wuzzuf’s Website: https://wuzzuf.net/jobs/egypt Forasna’s Website: https://forasna.com/ —----------------------------------------------------------- SHOW NOTES: 00:00 Introduction to Ameer Sherif and Basharsoft 03:26 Ameer’s Journey into Entrepreneurship 06:58 Overcoming Early Challenges 10:06 Innovative Solutions and Growth 17:56 Securing Funding and Expansion 26:32 Impact and Future Plans 42:18 Insights from the VC World 50:16 Insights on Founder Management and Success 50:59 Expanding to New Markets and Company Vision 52:53 Experience in Public Policy and Board Certification 53:50 Introduction to Khwarizmi Ventures 54:49 Investment Decision-Making Process 56:18 Promising Verticals and Team Focus 58:11 Co-Founder Relationships and Best Practices 01:01:16 Mental Health and Burnout in Founders 01:04:27 Balancing Work and Life as a Founder 01:06:31 Joining the Board of ITIDA 01:10:58 Advice to Younger Self and Definition of Success 01:15:58 Second-Time Founders and Market Maturity 01:19:07 Exit Options for Startups in the Region 01:22:08 Characteristics of Effective Board Directors 01:24:21 Choosing the Right Investors 01:25:56 Investing in the HR Space 01:29:16 Future Vision for Basharsoft 01:29:51 Concluding Remarks and Quickfire Questions