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Karl Loo |
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Karl
is the Co-founder and CEO of ServisHero,
a leading technology startup based in Southeast Asia dubbed the ‘Uber of home
services’ where people use an app to hire and access local services and labour.
As the Covid-19 crisis grew, Karl knew this would reduce business within their
current operations and sensed opportunity growing in another area.
“Movement control hit us hard and we saw a huge decline in consumer
appetite for services within their home, and a 90% drop in revenue for this
category” says
Karl. “I’d been following the unfolding situation in
China and saw that while many businesses dipped, there was a soar in
disinfection. We were not at that level yet in Southeast Asia, but it felt like
that demand was going to be inevitable and that perhaps virus containment was a
sustainable opportunity for us.”
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With
this rationale, Karl proposed a dramatic change of direction to partners that
saw them shift their entire operations within 36 hours to respond to the
pandemic with the launch of Disinfection2U.com
in conjunction with their operations partners, Primech Engineering Services. Using broad-spectrum viricide misting
and fogging technology, the initiative and its partners provides professional
disinfection solutions for a variety of living and working spaces that are
paramount to safety. With offices and operations in Singapore, Malaysia, Thailand, and Australia already, Disinfection2U.com has seen colossal growth
since launching little over six weeks ago.
“It’s just snowballed” says
Karl, “With our decision to mobilise swiftly; we’ve
locked in our reputation a major disinfection company, and are the leading
provider in Southeast Asia, working with our partners to establish huge
critical relationships. We’ve disinfected millions of square feet and are
already providing services for Fortune
500 companies, international hotel chains, national hospital groups and
more, something we would never normally expect after less than two months.”
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Karl
credits his time on the Oxford MBA
as being invaluable to his ability to transform and pivot his business. “I’m having daily flashbacks to my strategy and innovation
classes” he laughs, “those S curves used to be
so hypothetical, and now all of a sudden I’m looking at a new market and new
product development and wondering where else this can go. We are entering a new
world and we must be innovators to create solutions to these new problems; our
SI learning and application has never been so important.”
“Additionally,” he says, “everything we are doing now is linked to
Covid-19. It’s not just about profit for us as a company, we are being driven
by purpose, and that’s an ethos I took away from my time at Oxford SAÏD.”
Karl
hopes that sharing his story will help inspire others during this difficult
time. He said, “It is a trying time for many people.
Our lives will change, and many jobs are on the line, but I would strongly
encourage people to try to maintain a positive view to find new opportunities. My
initial response to the pandemic was pretty much doom and gloom. At first, all
I was thinking was ‘oh my gosh, how are we going to get out of this?’ Then
thankfully, a colleague of mine inspired me to get into a more positive frame
of mind. She challenged me to think that this could be an opportunity; how
could we now leverage our platform as a source for good? At that point, my
adrenaline kicked in and, as an entrepreneur, I looked to harness the chaos
around us to come up with a solution. Disinfection2U.com was registered as a
domain name within the next two hours.”
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As for
the future, Karl aspires to continue innovating with Disinfection2U.com and
within the tech space in the region.
“Disinfection2U.com and virus containment is 100% a long-term
project for us as opposed to just a reaction to immediate demand” says Karl. “We’re seeing great research and advancements in anti-viral
technology that we want to bring to the Asia-Pacific markets; already we’ve
developed an advanced disinfectant nano-coating that could protect surfaces
from viruses for up to twelve months, which could be a complete game changer.”
“This pandemic has permanently changed people’s reaction and demand
for hygiene and sanitation, and they will not put themselves at risk in the
future” he
concludes. “We’ll continue innovating and improving, in
order to bring the best services and products to the people who need them.”
(Oxford Business Alumni Network)
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