BARTTAR.COM is an online platform where every and any product or services can be exchanged for something else you want. In other words, it is a platform that helps converts one’s personal items or talent into currency.
Karlista Okoh is the CEO of Barttar.com. He shares his story with Anita Okoh of Africans Building Africa on his journey so far including his plans and goals for Barttar.com to become a major player in the world.
Tell us about yourself and your business
My name is Karlista Okoh, I am Front-end Engineer. I founded my startup “Repools” for the purpose of helping the community with technology. Repools is a technological and community company making lives more comfortable by sharing things and creating a community. I believe unconventional communities and communications is the future. One product under repools that validates this goal (and is currently out in the market ) is Barttar.com.
Barttar.com is all about the “trade by barter” system. You can trade services and products. The rationale behind this product is that we often find ourselves wanting something but can’t afford it but there is always something you have/or a service you can render that you can trade with what you want.
How much did you need to start your business and how were you able to raise that capital?
I started my business with an initial capital of 100,000 Naira which is about $280. And for Repools, it has been self-funded.
What are some of the challenges you face in your business and how do you overcome those challenges?
Getting people to believe in trading by barter again has been a challenge. So, people need to know they can trade with each other and it can be fun as well. To solve this and get users, I started building communities and social media followers. This has increased the traffic on Barttar.
Where do you see your business in 5 years from now and what steps are you taking today to reach that objective?
In 5 years, I would expect us to be the next billion dollar company in Nigeria. In order to achieve this, I am consciously sorting out and building the right team for the company.
As a transitioning entrepreneur, what advice would you give to other transitioning entrepreneurs looking to start a business in Nigeria or Africa?
I’d say, just start that business. It is never too late to start a business. Hence, Don’t expect perfection. A product or an idea is never finished, you can keep improving and evolving.
How is your business participating to the development of Africa?
Improve lives is the core of all great products in the world and businesses today. Indeed, Repools has this direction at its core, especially for Africans.