Faizan Siddiqi Profile picture
Golf Simulators,AI,AML,AD-Tech,Media & 3PL.Places, I've either IPO'd, scaled or failed ex-GE/Tyco/MCI/Afiniti/Jang/TCS.Angel Investor & Operator at https://t.co/FcLpJyggRM
May 17 32 tweets 6 min read
(How to Hack) E-com Deliveries Pakistan Edition🧵

Problem Statement:
1)Poor Logistics Service
2)Pricing Wars/Service Level Disasters
3)Lack of real tech
4)Geographic spread
5)Double Sided Low Trust
6)Lack of Data/Transparency
10)Outsiders The business of e-commerce is disproportionately about logistics. Look behind any online sale or e-commerce business & it's largely about missed deliveries, tracking, breakage/disputes. What Amazon got right was, "that it just arrives" no fuss, no issues. Easier said than done.
May 4 19 tweets 4 min read
How to monetize content & win against the WhatsApp Forwarding Generation🧵

Everywhere you go ppl are constantly consuming content via their smart phones

In our parts the ppl @ the top of the pyramid/boomers control/influence the outcomes of every one else

Lets break it down They are:

1. The Heads of household in joint family systems
2. At the helm in politics
3. The managers of bureaucracy
4. Running national & internal security
5. Leading incumbent organizations in every sphere (banks, education, telcos, national companies, airlines, regulators)
Apr 15 17 tweets 9 min read
"Unlocking about 300M$ in Foreign Exchange in 120 Days"🧵

Every Day Twitter Asks me "What's Happening"

Well a lot, only if we got our act together. Here are some suggestions for our New Government to collectively help the Pakistani Tech ecosystem do better & in turn Pakistan Here goes...
@rebootdude @Babarkj @babushka99 @raza_matin @fmsheik @Huk06 @mosharrafzaidi @sheryhydri @AribaShahid @MizNaQ @kalsoom82 @JDIQ @Ghias_K @MusadaqZ @AlmasHyder @badar76 @YusufJan @Atyab @TalhaIzhar @FaizaYousuf @asfandyarf @ZubairKhanPK @rogueonomist
Mar 16 13 tweets 3 min read
Pakistani Startups. A Great Equalizer & Opportunity Creator 🧵

We have seen much money being committed to PK origin startups & their thesis.


Besides boilerplate stats of a large population, the fact is, that incumbents in most industries did not invest ahead of the curve Based on GMV numbers we had 200M+ Plus funding allocated in some consumption led industries where there is little to no infrastructure.

What this tells me is that this is indictment of the incumbents in

+Old Guard at Large
Mar 14 22 tweets 8 min read
When Digital Transformation Works 🧵

Every 1 likes to talk about e-commerce + payments + deliveries

E-commerce Logistics are hard when you consider that a sale happens virtually but has to be delivered physically to customers who don't bank/transact digitally. COD is not a bug, it's a feature in a country where there is a trust deficit.

Heres a break-down of the what/why e-commerce deliveries are broken at large but a great opportunity

Once you have read this, you will see the remedies
Mar 9 19 tweets 4 min read
We are going through a self fashioned hype cycle of "training free lancers" to bring in FX.

Let's break this down a bit.🧵

What does the government mean & want? 1 School of thought in Govt
Free Lancing = Ecom = Selling on Amazon

2nd School of thought in Govt
Free Lancing = Doing some thing online
Feb 16 32 tweets 6 min read
Foreign E-commerce Companies & Pakistan 🧵

We literally have no 1 who understands technology or its impact + revenues & taxation in relation to E-commerce

We need laws aimed at providing legal guidelines for the country’s e-commerce industry.(Specifically for foreign entities) Why?

Because before you tax some thing you have to have a frame work.

Before you have a framework you must have a definition of what constitutes those who fall under its ambit.

So should we not define what e-commerce is first? Yes we need to have a starting position 100%
Feb 11 24 tweets 5 min read
Why Government/Governance is Broken in Pakistan🧵

😢Every one loves to complain but does nothing to fix the issues

🏦We dont understand how this country is run and who runs it

⁉️We love conspiracies & have no first principles thinking

🦸The real power is in the PMO not the PM 😢Every one loves to complain but does nothing to fix the issues

This is because most people who are privileged are also beneficiaries of the broken system.Whilst it may make for good banter at dinner parties, said dinner parties are built on the exploitation of the common man
Feb 10 25 tweets 5 min read
E-Commerce Deliveries are broken in Pakistan.🧵

1)Different People Expect the same things from Delivery Cos (DCs)

2)Different DCs have different ambitions

3)Most of the DCs have never handled @ scale digital commerce

4)DCs cant un-learn & shed their technical debt 🚚Different People Expect the same things from Delivery Cos (DCs)

@ the higher end of the value chain(4-8K PKR Basket Size) people expect their deliveries to arrive within 2-3 days.

@ the lower end of the value chain(400-1K PKR)they have the same expectation

DCs cant do this
Nov 25, 2021 10 tweets 3 min read
Dysfunctional economics when some one is happy to pay avg 250k$ for a starter and 600k$ for a larger house, where you bring your own: water, gas, power, security,trash collection svcs. It makes sense only if viewed as transactions between 'rentseekers'. This is neither a reality nor a sound financial investment for most. There is little to no value that can be extracted post investment into the asset till u sell. For the non rent seekers/privilege club members this money should be put to productive use

Oct 6, 2021 12 tweets 5 min read
EI/EQ for the Win.

Emotional intelligence in business, or the ability to understand your emotions and others, is crucial regardless of what industry you operate in.

Emotional intelligence represents the intersection of emotions and general mental ability. We generally suck at it in our business ecosystem. Hence the emotional well being and work cultures are rigid, boring, toxic, political and lack empathy. Impacting our national output, lowering productivity and self satisfaction.

How many people do you know that love their job?
Oct 5, 2021 8 tweets 3 min read
FOMO is real.

You will be History:
1) If you are in a business that still uses a fax machine
2) If you are in a business that has no price transparency
3) If you are an incumbent only because no one will compete with you
4) If you have scale & winning only due to legacy scale So how does FOMO become real.

Foreign Origin Money Orchestration. (WTF?)

The min Foreign Money comes to our shores as it is now

1) Incumbents will feel the pain & die
2) Labour force will be disrupted for the worse(short term)
3) Scale effects will be 100x
4) Weeks not Years
Oct 5, 2021 5 tweets 3 min read
For every solopreneur or CEO, manager, worker bee that complains that they are drowned in stuff. You cant fix what you cant measure. Heres a simple thing to do, during the day or day end measure your effort vs roi across activities
2) Unplanned
3) Outside the box/1off List down the things that you plan on doing during that day before hand or as they happen. For things just show up on your schedule, put them in the unplanned box, things that you think are out of the box/one offs capture them too. Do a day end Roi on the time u spent vs output
Oct 4, 2021 17 tweets 5 min read
Old Business, low/new & simple tech, industries & niches that are ready for innovation to break monopolies and save FX
1) Hardware supplies
2) Medical Test/Test Pricing-transparency
3) Comparative/List pricing Services
4) Consumables/Bread Basket Pricing 1)The hardware space in PK operates on a the investment, import and master distribution of the few. A dozen key agents who control and monopolise the industry. How you ask? They control the supply from import to price fixing to distribution and retail. It is the game of the few
Oct 1, 2021 14 tweets 4 min read
Of Airlines, Nationalisation, Privatisation and History. Pakistan, Bangladesh & India Across the border the Salt to Software empire of TATA is likely to take over Air India. Established by J.R.D. Tata, who was India’s first licensed pilot, the airline originally flew mail in the 1930s between Karachi in then-undivided, British-ruled India and Bombay
Sep 10, 2021 28 tweets 7 min read
Dollarized Talent Wars, Local Talent, HR & Culture, Saiths & Traditional Firms, Technology Horse Power & How to not go out of Business.

1)Industry Celebrates Funding Wins
2)Tech/Most other Talent sees $$s
3)Saiths asleep @ the wheel
4)People waiting
5)HR Folks have no clue External funding is testament to two things if not more.
1) Validation of Local Markets
2) Validation of Local Talent

Talent comes in 4 Categories
1)Export Variety
2)Ppl who wish they were export variety
3)Top flight returned talent that has reverse culture shock
4)Boston Univ
Sep 9, 2021 21 tweets 6 min read
Sears vs Amazon. Boring Vs New. Staying-Power vs Building-Power.

Some History:

In 1886 Richard W. Sears founded the R.W. Sears Watch Company in Minneapolis, to sell watches by mail order. He relocated his business to Chicago in 1887, hired Alvah C. Roebuck to repair watches. They established a mail-order business for watches and jewellery. Their first catalog was offered the same year. In 1889 Sears sold his business but a few years later founded, with Roebuck, another mail-order operation, which in 1893 came to be known as Sears, Roebuck and Company
Sep 8, 2021 6 tweets 2 min read
Karachi exported more than 50% of total exports. This is in-spite of:
1)PM engaging at any serious level
2)Civic infra development
3)Industrial investment by gov
4)Road + rail links (commercial)
5) Low cost housing
6)Grassroots schools

Now imagine if the IK+Govt invested in Khi epaper.brecorder.com/2021/09/08/1-p…

4,505 companies located in Karachi (Sindh) exported $13.818 billion i.e. 50.78 percent of the country’s total exports in 2020-21 compared to 4,137 companies located in Karachi exported $10.999 billion i.e. 51.21 percent of the total exp in 2019-20.
Aug 3, 2021 25 tweets 9 min read
The worlds biggest party. Grand visions. Execution Capability & Life lessons. Mohammad Reza Pahlavi, also known as Mohammad Reza Shah, was the last Shah of the Imperial State of Iran from 16 September 1941 until his overthrow in the Iranian Revolution on 11 February 1979. To organize some thing as simple as a party, one needs the focus, vision and execution capability. Or needs to hire 'operators' who can do so. I came across menu from a party that was held in the desert in Iran. I got intrigued by the machinery it would require to execute.
May 25, 2021 29 tweets 8 min read
Competitive Markets, WFH, Saiths, HR & Talent. The way things are evolving & the way the pandemic is settling in we are in for the ride of a life time with regards to our markets being more closed loop than competitive. We will have further job losses led by saiths optimizing 4 Personalities vs talent and Dumb ass HR heads optimizing at the cost of the work force.If you follow me u know that I'm no fan of second, third generation led businesses run by millionaires in training who consider them selves entrepreneurs & equally not a fan of traditional HR
May 5, 2021 21 tweets 6 min read
The best way to manage political un reset is to make sure that political parties conduct annual elections and family at large can't be at the helm for more than a year. Interesting yet is the fact that the self proclaimed educated party members continue to rally and support Dynastic politics. Nothing has been more responsible for the regression of the nation more than this singular unfortunate two party system for decades & now the suffering will continue for the awaam at the hands of the kids of the same leeches who have economically done us in