I'm joined by Ryan Kalisky, Co-Founder and CEO of WareMatch, a platform connecting suppliers and 3PL vendors globally.
As a 26-year-old McGill finance grad, Ryan is trying to disrupt an unglamorous $1 plus trillion logistics industry. We explore the honest reality of early-stage marketplace building, the hacks they’ve used so far, and more.
I am always excited to talk to marketplace founders, and listening to how WareMatch is building a 3PL marketplace should be gold for any founder building a marketplace!
Key Discussion Points:
🔥 How a finance degree led to a career in warehousing and logistics
💡 The surprising opportunity that arose during the COVID-19 pandemic
🤝 Building a network of medical supply companies and leveraging it for other opportunities
📈 The gap in the 3PL quoting market and how WareMatch is addressing it
🚀 The importance of building a strong team and outsourcing to the right people
💻 The challenges of building software in an industry with complex regulations and certifications
📊 How to create a user-friendly software solution that meets the needs of 3PL companies
Timecodes:
0:00 - Introduction
1:30 - Transition from Finance to Warehousing
4:00 - The Impact of COVID on Supply Chains
6:15 - Starting a Medical Supply Business
9:00 - Building a Network in the Medical Supply Space
11:30 - Identifying Gaps in the 3PL Market
14:00 - The Concept of a Matchmaking Platform for Warehouses
16:30 - The Importance of Team Dynamics in Startups
19:00 - Finding the Right Technical Co-Founder
21:30 - Challenges in the 3PL Industry
24:00 - Overview of Third-Party Logistics (3PL)
26:15 - The Bidding System for 3PLs
28:00 - Marketing Solutions for Warehouses
30:30 - Competing with Established Companies in the 3PL Space
33:00 - Lessons Learned as a First-Time Founder
35:30 - The Importance of User Feedback
38:00 - Strategies for Building a Marketplace
40:30 - Managing Team Dynamics and Personal Challenges
42:00 - Conclusion and Future Plans
43:30 - Where to Find More Information on WareMatch
Important Links:
You can reach Ryan Kalisky at https://www.linkedin.com/in/ryan-kalisky-25bba21490625
Vishesh, your host at https://vishesh.space
Checkout WareMatch at https://www.warematch.com/
P.S. If you are writing on LinkedIn https://tryjerry.com
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