A burger flipper turned CEO worth $148 million: The incredible story of Ashik Ahmed

A very common scenario of any immigrant going to a first world country is simply this: doing a part-time job to earn their bread. The scenario was somewhat similar for Ashik Ahmed. Flipping burgers was the way 17 years old Ashik would meet his ends. However, a powerful vision, creativity, and indomitable perseverance have made Ashik one of the big shot CEOs in Australia. He is now worth a staggering amount of $148 Million!

How it all started

Ashik came to Australia from Bangladesh when he was 17 years old. He started flipping burgers at a fast-food chain in Melbourne to earn his living. He recalled about his hard early days in an interview with SBS Australia, saying:

“I was an hourly-paid worker myself so I saw all the challenges on this side, and I also got to see it from the employer’s side in managing the employees.”

This indomitable ambition and thinking outside the box have paid well for Ashik. His exposure to the multidimensional work environment of Australia, along with his ardent passion for Mathematics and Science, had helped him co-found Workforce management ‘Deputy’ back in 2008.

Quoted from his Forbes Bio,

“I was fortunate to meet my co-founder Steve Shelley (a small business owner) for whom I was able to make a significant difference by improving people management in his business. In 2008, we co-founded Deputy to make every other small business owner successful like Steve. Deputy is now used by over 40,000 workplaces in 73 countries.”

Read more: Snapchat’s former Bangladeshi CSO, Imran Khan, launches e-commerce venture to compete with the likes of Amazon

About Deputy

Deputy is a global workforce management platform for employee scheduling, timesheets, and communication.  The mission of Deputy is to improve the lives of shift workers and small business owners, by providing them with the necessary technological disruption. 

Deputy mainly provides cloud-based workforce management and scheduling platform. It is designed specially to help companies organize, track, and manage their teams. The company now has a client list of more than 184,000; which includes big names like NASA and Qantas.

The 38-Year-Old Ashik Ahmed is now worth over 148 Million Dollars.

The once burger-flipping 17-year-old is now listed at number 25 on the Australian Financial Review Young Rich List,  which was released this week. Ashik Ahmed has made good use of his 11 years in entrepreneurship, and is an inspiration for any aspiring entrepreneur!

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Snapchat’s former Bangladeshi CSO, Imran Khan, launches e-commerce venture to compete with the likes of Amazon

A new retail website, called Verishop, has gone live recently. And it goes head-to-head with mammoth platforms like Amazon. The brain behind this venture is the former Chief Strategic Officer of Snapchat, Imran Khan.

Why Verishop

Khan being present in the business arena for quite a while had observed some of the frustrations up-and-coming brands have expressed regarding existing sites that have counterfeit products or that hurt brand integrity. Verishop aims to change that and create an even and transparent platform for both buyers and sellers.

The business model of Verishop

Verishop actually buys the inventory directly from the brands. This step is to prevent having counterfeit goods on the site. Verishop hopes this differentiating factor will help build trust with consumers, too.

Is the big tech too big?

Globally companies like Facebook, Amazon, Alphabet etc. are ruling the world. It takes much audacity to come up with a business that has to compete largely with Amazon itself. However, Khan doesn’t feel that the big tech is too absolute. And with proper differentiation of their services, they can have a sustainable business.

“I think our vision is to be the best home for brands,” Khan said in an interview ahead of the launch of Verishop.

“Whenever the consumer is looking for branded products, we want to be their first destination. There is massive growth of direct-to-consumer brands.”

Verishop has launched with around 150 brands. Those include apparel makers Levi’s, AllSaints, DVF and Citizens of Humanity; home-goods retailer Boll & Branch; make-up company Lily Lolo and skin-care line Kora Organics.

An offer too good

Verishop offers free, two-day shipping with no minimum purchase, free returns and a 24/7 customer-service portal on the web. That means you can buy anything even worth 10 Dollars, and still can get free shipping! This new feature is something that most customers had been waiting for.

There are 2 main shopping sections, Tastemakers and Responsible Shop. Between these two, Tastemakers is solely targetted towards influencers. 

In this daunting attempt, let’s hope Imran Khan makes a difference to the world of e-commerce, as he has done in case of Snapchat. A reminder for the readers, this is the same Imran Khan whose BTV debate went viral on Facebook this year!

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