2020, The Year That Was: Tamim Khalfa, Co-Founder And CEO, Toters"We represent the hope for Lebanese and Iraqis that a competitive and sustainable business can be born out of our markets, and compete with the best in class."

ByAby Sam Thomas

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Toters
Tamim Khalfa, co-founder and CEO, Toters

2020 has been a difficult year for Lebanon- and it wasn't just the COVID-19 crisis that got the country and its residents reeling this year. From the economic crisis that threatened to envelop the nation, to the devastating Beirut port explosion that ravaged the city, Lebanon is today a country whose future is one that is hard to be hopeful about at this point in time. And yet, we look away from the establishment running the country, and instead turn our attention to the enterprising people that belong to it, then there are almost certainly positive prospects that one can expect from Lebanon all the same. As an example, take a look atTotersco-founder and CEO Tamim Khalfa, who runs one of the most prominent startups in Lebanon at the moment.

交付应用程序,于2017年推出,手提包rs has since grown to become one of the foremost enterprises in this domain, with it also managing a successful expansion to Iraq- and its progress has continued unabated this year. "In 2020, we continued to deliver on the Toters mission tomake people's lives simplerand more convenient by expanding our partnerships and further developing our products," says Khalfa. "Today, we deliver from over 2000 partners in Lebanon and Iraq, including restaurants, grocery stores, pharmacies, and electronics stores. In addition, we rolled out a dark grocery store chain called Toters Fresh, and customers have been loving the frictionless experience. We introduced a loyalty program that is getting our customers even more addicted to Toters, and rewarding them every step of the way. As a result, Toters quadrupled in size this year, and turned profits in Q3."

Source: Toters

But it isn't just the startup's growth that's worthy of applause- Khalfa is equally proud of the social impact that Toters has managed to achieve in Lebanon. "We have built significant scale in an ecosystem that supports close to 150 Toters full-time employees, provides additional income opportunities to over 1,500 couriers, and enables over 2,000 smalland medium-sized local businesses," he notes. "Our business continued to support those stakeholders throughout the rollercoaster of a year we've had, starting with the revolutions in Lebanon and Iraq, through COVID-19 lockdowns, and even Beirut's port explosion. We havebecome a household necessity,and the go-to platform for e-commerce in our markets. We represent the hope for Lebanese and Iraqis that a competitive and sustainable business can be born out of our markets, and compete with the best in class." These statements by Khalfa should be enough to give you an idea of his indefatigable spiritand that in itself should make one hopeful about the road ahead for not just him, but his country as well.

Related:The Year That Was: Charlie Weaving, Managing Partner, LIVIT Hospitality Management

Time for introspection:Tamim Khalfa, co-founder and CEO, Toters

1/ Agility matters"Being an asset-light business has been a massive blessing for us, as it has helped us the ability to test ideas, evolve, and pivot if necessary, very quickly. We are also inherently very lean as a team, and our flexibility allows us to reassign roles very quickly based on skillsets, interests, and backgrounds. These were key factors that allowed us to respond to the pandemic very quickly, and it is something we will probably maintain as a company going forward too."

2/ Build your resilience"Both as a person and as a business, it is so important to be able to bounce back no matter what life throws at you. As a small business owner, it can be so easy or tempting to throw the towel in and give up when the going gets tough, but somehow things always work out for the better."

3/ Focus on your team dynamics"I am extremely grateful to have a trulydedicated and motivated teamthat gets along well together. Team dynamics is something we take very seriously, because it can either make or break a company. Hire smart, and hire a person not just because of their skillsets, but also if they are a culture fit. Asking yourself, "Would you mind being stuck in an elevator with them for three hours?' is a good starting point!"

Related:The Year That Was: Amelia Gundersen-Herman, Co-Founder And CMO, Assuage Travel

Wavy Line
Aby Sam Thomas

Entrepreneur Staff

Editor in Chief, Entrepreneur Middle East

Aby Sam Thomas is the Editor in Chief ofEntrepreneur Middle East. In this role, Aby is responsible for leading the publication on its editorial front, while also working to build the brand and grow its presence across the MENA region through the development and execution of events and other programming, as well as through representation in conferences, media, etc.

Aby has been working in journalism since 2011, prior to which he was an analyst programmer with Accenture, where he worked with J. P. Morgan Chase's investment banking arm at offices in Mumbai, London, and New York. He holds a Master's Degree in Journalism from the Columbia University Graduate School of Journalism in New York.

Related Topics

Making a Change

Get a Lifetime of Tailored Piano Instruction From This $150 AI App

Perhaps the best part: Learn to play on your own time.

Business Models

Tap Into Boundless Success Potential With These Remote Business Ideas

Are you tired of getting up in the morning, getting in your cold car, and driving to work? Then don't. Check out these remote business ideas.

Business Ideas

The Top 10 Home Business Ideas for 2023

Can't figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.

Business News

蒂姆•库克据说拒绝申请an Apple Card

The card officially launched in the U.S. on August 20, 2019, and features perks such as no late or over-limit fees.

Living

What Is Sustainable Fashion? Everything You Need To Know.

The fashion industry is one of the biggest in the world, but is it sustainable? Read on to learn more about sustainability in fashion.

Career

How to Choose a Career That's Perfect for You

Are you ready to find your dream job? With the competitive job market, you'll need to shine above the rest to land that position. Here's how.