BFM 89.9
The Business Station
BFM 89.9
The Business Station
Fixing the Broken Handyman Market, One Membership at a Time
Fixing the Broken Handyman Market, One Membership at a Time
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Guest: Mohamed Shakir, Founder & CEO, Handibee Home Warranty
Finding a reliable and trustworthy handyman in Malaysia can be a frustrating gamble of opaque pricing and uncertain quality. Handibee is trying to fix this broken market with a different approach: a membership-based home warranty service that offers homeowners peace of mind.
Founder and CEO Mohamed Shakir joins us to share how a personal negative experience inspired him to launch Handibee. He breaks down their unique business model, where members get access to certified technicians at fixed hourly rates, and how they plan to scale by partnering with property developers to reach their profitability target of 15,000 homes.
We discuss:
The membership-based model for home repairs and maintenance.
How they differentiate from on-demand platforms by focusing on trust.
Their growth strategy through partnerships with property developers.
How their risk aggregation model works (like insurance for repairs).
Their path to profitability and future plans for expansion.
Presenter: Roshan Kanesan
Producer: Roshan Kanesan, Carol Wong
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