21-09-2021
Disrupting the Energy Supplier sector from the ground up with Farouk Alhassan, Co-Founder of Senapt
The Tech EntrepreneurGuest: Farouk AlhassanEpisode Summary:In this episode, we’ll be interviewing Farouk Alhassan, software engineer and co-founder of Senapt, the first dedicated Energy-As-A-Service platform.We’ll learn about how we got started and what led him to the energy sector.Farouk is going to share with us why apps, platforms, mindset, and data management practices need substantial innovation in the industry to benefit both consumers and suppliers.In this episode, you’ll also learn about the importance of making sustainable energy financially accessible to all demographics and how Senapt is planning to achieve that.We are going to talk about how Farouk manages his team and how their productive output can be so high even when in small numbers.We’ll ask Farouk which advice he would give to his former self after all these years, and what he would like to change the most in the industry.All the relevant links are listed below, enjoy the episode.Quote“ One thing that frustrates me in the energy sector is the fact that people think things have to be done in a certain way all the time. I came from outside the industry, so I had the freedom ofthought to think of things in a different way” Farouk AlhassanGuest Bio:Farouk Alhassan is the co-founder of Senapt, a UK-based Energy-As-A-Service Platform.His company aims at enabling energy efficiency and sustainable lifestyles everywhere on the planet, lowering the cost for the consumers while retaining profitability for the suppliers.Farouk moved to the UK in 2006 and started working as a software engineer.He later moved to the finance sector and investment banking working for the likes of Goldman Sachs, furthering his career.In 2016 his future to be Co-Founder inspired him to bring his solution and expertise to the energy sector where innovation was needed, and that’s how Senapt came to be.Timestamps:● 00:00 Podcast and guest Introduction● 1:19 The idea behind Senapt● 3:50 Outdated practices in the energy sector● 5:43 Energy platform structure● 8:29 Energy apps for customers● 10:51 Senapt's challenges and operations● 14:54 Data migration and integration issues● 16:54 Senapt’s position in the market● 18:57 The cost of serve● 22:02 Farouk’s advice to his younger self● 23:30 Building a team● 25:23 Changes needed in the Energy SectorLinks:ClearSky Logic:https://www.clearskylogic.com/Senapt:https://www.senapt.co.uk/Farouk Alhassan:https://www.linkedin.com/in/faroukalhassan/Check out Previous episodes:Spotify:https://open.spotify.com/episode/5DFn4ZPaCDfxATpkmHwREaListenNotes:https://www.listennotes.com/podcasts/the-tech-entrepreneur-darren-auld-vKnFAbfa03E/Google Podcasts:https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMzA0ODA5LnJzcw==