Mansoor Hamayun, Co-founder and Chief Executive Officer of Bboxx
- Mansoor Hamayun is the Co-founder and Chief Executive Officer of Bboxx, a super platform, transforming lives and unlocking potential by providing access to essential products and services across Africa.
- Born in 1988 in Pakistan, he was raised in Sweden and studied Electrical Engineering at Imperial College London.
Podcast
Overview
Technology has become an integral part of our daily lives, and its importance cannot be overstated. From communication to transportation, medicine to education, technology has revolutionized every aspect of our lives. In this episode, Mansoor Hamayun, co-founder and CEO of Bboxx, the largest energy company in the world talks about his background, upbringing, and his journey as an entrepreneur, as well as his views on technology and its potential as an equalizer for opportunity.
00:09- About Mansoor Hamayun
- Mansoor Hamayun is the Co-founder and Chief Executive Officer of Bboxx, a super platform, transforming lives and unlocking potential by providing access to essential products and services across Africa.
- Born in 1988 in Pakistan, he was raised in Sweden and studied Electrical Engineering at Imperial College London.
- While studying at Imperial College London, Mansoor met our two other co-founders – Christopher Baker-Brian and Laurent Van Houcke.
02:01- Inflection points that really made this wonderful career that you have
- I had an unusual upbringing. I was born in Pakistan but only lived there for a short period of time before moving to Sweden, where my dad worked at a university.
- Growing up, I went back and forth between Pakistan and Sweden, which made me aware of the developmental challenges facing Pakistan.
- I also became interested in technology at an early age and saw it as an equalizer that could provide opportunities and improve people’s lives.
- This drive to build useful solutions led me to study engineering.
07:30- How did you end up going into engineering at Imperial College?
- As a child, I had a passion for mathematics and loved participating in math competitions and clubs.
- I found mathematics to be a universal language and solving mathematical problems to be extremely satisfying. I wanted to study pure math but realized that it was a very introspective study, and I wanted to use it for external purposes.
- Engineering seemed to be the best realization of math for external purposes, so I decided to pursue it.
- I researched which branch of engineering was the most mathematical and found that electrical engineering was a good fit.
- I applied to Imperial College in London, which had a strong math department and offered electrical and electronic engineering.
- I was accepted and also excited about the prospect of living in London.
33:18- Evolution of Bboxx
- In 2010 and 2008, every solar installation was done as a project.
- We wanted to turn that project into a standardized product, so we created a series of standardized solar kits that were plug-and-play.
- These kits were super simple for consumers to use because they only had to put a solar panel on the roof and everything else was intuitive.
- Our initial proposition was that we would recommend the chemistry of the battery that the consumer should be using.
- However, we realized that the upfront cost for most people was too high.
- So, we started to think about what we could do that was different.
- We learned from Rolls-Royce that everything is fly by the hour, so we applied the same business model to our customers.
- We installed something in households and collected money over time.
- This was not a new thinking because microfinance in Africa was an established thing, to begin with.
- However, the problem with microfinance at the time was that you had to do large loans.
RESOURCES:
You can connect with Mansoor Hamayun | LinkedIn
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Profile
- Mansoor Hamayun is the Co-founder and Chief Executive Officer of Bboxx, a super platform, transforming lives and unlocking potential by providing access to essential products and services across Africa.
- Born in 1988 in Pakistan, he was raised in Sweden and studied Electrical Engineering at Imperial College London.
- While studying at Imperial College London, Mansoor met our two other co-founders – Christopher Baker-Brian and Laurent Van Houcke.
