Based in Singapore, TradeGecko is one of Asia’s Hottest tech Startup founded by Carl Thompson and brothers Cameron and Bradley Priest. TradeGecko purposes to simplify the overly complicated sales & supply chain solutions in the market with their very own “beautiful” online inventory and over management cloud based solution.
Ideascrunch had the privilege of an exclusive e-interview with Cameron Priest (Founder and CEO) of TradeGecko to gain an insight into the glory and journey of running the Next Big tech Startup company!
What is your company about?
TradeGecko is a world-class Inventory, Order and Supply Chain Management platform with a comprehensive suite of functionalities – packaged together in an intuitive, cloud-based interface, designed and structured ‘user-first’ from the ground-up. Our platform allows users to expertly manage their inventory, saving them time, eliminating errors, and streamlining their sales channels, synchronized across all their stakeholders in real-time.
What is the greatest thing about your company?
Because we want to consign boring business software to history.
At TradeGecko, we strive to not just power up efficiency through an innovative and easy-to-use SaaS (Software-as-a-Service) Inventory Management platform and tools, but also to ultimately become a real partner for businesses with comprehensive end-to-end solutions, all while making our customers more awesome.
How did you come up with the name for your company?
We moved to Singapore for the better startup and entrepreneurship infrastructure here, and immediately noticed how geckos, which are pretty rare back in New Zealand, are so common here.
While often seen as an unsightly pest around the house here, most people don’t realize that these house geckos are harmless – and in fact are spunky fighters who help keep your home free of actual pests such as mosquitoes and houseflies.
That was inspiring to us, and one thing led to another – soon, we had come up with the name TradeGecko for ourselves!
How did you get funded initially?
Launch funding from Joyful Frog Digital Incubator, followed by over USD1.2m in seed funding from a variety of regional and international VCs.
What time do you usually start work each day?
I personally usually start work at 8.30am each day – by that I mean that I try not to look at any work-related emails etc before that unless absolutely necessary.
With that said, although we don’t have that negative white-collar corporate culture where people spend 18 hours a day in the office, being a cloud-based platform ourselves, we do work from anywhere and everywhere at random times of the day – especially if there’s something urgent or presisng for us to deal with.
When is the last time you went on vacation in 3 years and where did you go?
That was Bali, Indonesia around half a year ago.
Yes, I was definitely stressed and thinking about TradeGecko – it’s hard not to when your startup is in the growth phase!
What is the very first thing you do at work every day?
I find it absolutely crucial to sit down and have a proper think about planning out one’s day, before actually getting down to executing tasks after.
It clears your mind and helps organise your train of thoughts, setting you up for a good and efficient workday after.
Do you work from home, office or a cafe?
Everywhere and anywhere, we don’t practice 18 hour days in the office – but we work when we get up early and into the night, all while making sure our staff have a great work-life balance.
Where do you see your company in 5 Years?
To be THE end-to-end supply chain platform of choice, for businesses big and small.
To not just be taking the fight to the big boys of traditional enterprise software, but beating them at it.
To be a half a billion dollar per year company.
To be listed on NASDAQ.
How many people did you start the company with and how many people work for you now?
We started with three co-founders, our CTO Brad who’s my brother, and Carl our CMO. We have over 30 staff across two offices in Singapore and Manila, Philippines now.
What’s the top 5 Struggles you face as an Entrepreneur?
1: Hiring the right people
2: Learning from the right mentor
3: Learning to rely on the networks we’ve forged over time
4: Implementing and developing a cohesive company culture
5: Growing TradeGecko as fast as we can
How many failed startups were you involved in before this?
One was a mobile sales app, another was an online t-shirt company (which every entrepreneur has done before), and the last was a.. business importing goods of questionable authenticity from China which I shall not go further into!
Are you a coffee person? What brand do your drink?
No, I drink tea instead – in particular, Genmaicha tea which is green tea combined with roasted brown rice.
At which point will you consider yourself a successful entrepreneur?
TradeGecko’s already a multi-million dollar company, so I would like to think I am already pretty damn successful! ; )
But jokes aside, my personal dream has always been to build a billion-dollar company one day, and I will get there. Perhaps only then can I consider myself a successful entrepreneur.
What inspires you? Or Who?
Elon Musk – why? Because I would like to be able to fund expeditions and trips to space, and to mine the bloody moon.
Do you have an inspiring quote which you like to share?
“Until one is committed, there is hesitancy, the chance to draw back, always ineffectiveness. Concerning all acts of initiative (and creation), there is one elementary truth that ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself, then Providence moves too. All sorts of things occur to help one that would never otherwise have occurred. A whole stream of events issues from the decision, raising in one’s favor all manner of unforeseen incidents and meetings and material assistance, which no man could have dreamed would have come his way. Whatever you can do, or dream you can do, begin it. Boldness has genius, power, and magic in it. Begin it now.”
– William Hutchinson Murray
What advice do you have for fellow entrepreneurs getting started?
Just f***ing do it!
Top 5 websites you couldn’t live without and why?
1: Gmail – no explanation necessary
2: Google Spreadsheets – to crunch numbers
3: HackerNews – for everything and anything
4: LessWrong.com – where I can find like-minded people to toss out ideas
5: FT.com – probably THE authority for the financial world
Top 5 mobile apps you’re in love with and why?
1: Kindle app – for my reading fix, I read too much
2: CloudMagic – hands down the best email app on the market today
3: Asana – the platform we use for task organisation at TradeGecko
4: Slack – the chat platform we use at TradeGecko
5: Headspace – meditation made simple
Connect with TradeGecko today!