Hopin’s billion-dollar foundation was formed and born when the founder was undergoing treatment
Johnny Boufarhat is a British citizen of Lebanese descent, he was born and raised in Australia before moving to London as a teenager and graduating as a Mechanical Engineer from the University of Manchester in 2015. After that, Boufarhat and his girlfriend traveled. He traveled around Southeast Asia, but when he returned, he suffered from schizophrenia and had to be hospitalized for many months and could not leave home.
Life at that time was very tiring and cramped, Boufarhat found that he could socialize to a certain extent through social networks. He tried to find a programming job, and while working online, Boufarhat realized the problem that even though the meeting had thousands of attendees, basically, only 2 people “on the board” were able to talk and communicate. together.
This has led to the idea of helping Boufarhat to launch the Hopin platform during the treatment period. Finally, in 2019, I feel healthy enough to recover and the foundation is quite technically complete. Boufarhat has officially launched Hopin on the market. “Looking back, the disease gave me a second life. It put me on a mission to make the world smaller,” Boufarhat said.
As a result, right at the time Hopin launched, the Covid-19 pandemic also started to break out in the world and the demand for online meetings and online conferences increased rapidly. With their outstanding quality and facilities, Hopin and Boufarhat quickly rose to become one of the fastest successful billion-dollar businesses in the world.
Unprecedented unique working style is the model of the new era
Launched in 2019 with 6 employees, Hopin – Johnny’s online meeting and conferencing platform has grown exponentially despite the complicated global pandemic. The fact that most face-to-face meetings are no longer feasible and all have to find online solutions – this is a “paradise” for online conferencing platforms like Hopin or Zoom to explode.
Since 2020, Hopin has organized more than 80,000 events with many different large and small partners. Among them are not rare large corporations like Slack or Unilever and also organizations like the United Nations or NATO
Hopin’s value has also skyrocketed, now valued at nearly $7.8 billion, making its founder Johnny Boufarhat the UK’s youngest self-made billionaire at the age of 27. His company is also the youngest self-made billionaire in the UK at the age of 27. has grown from the original 6 employees to 800 employees in many countries around the world.
The difference in the working style of Johnny and his partner is that everything is done online and most of the colleagues in the company have never met in person. The company also doesn’t have a permanent office and even the founder Boufarhat doesn’t even have a permanent home, he runs the company from rented houses despite being a billionaire.
Boufarhat said that 10 years ago this was not possible, but now because people can only call and email, this is not efficient enough. But now, he makes very good use of his work tools. new-age cloud platforms like Microsoft Teams, Slack, video messaging platform Loom, Figma (for design work) and Notion (allows you to share information in Wiki Notes).
Boufarhat’s company also creates “bots” that patrol the messaging platform Slack then randomly pair up colleagues once a month so they can have coffee together online. . The company also conducts monthly surveys to find out what areas need improvement for a better working environment.
The young billionaire said that maintaining a business without offices is not a very strange or groundbreaking decision, but the fact that is evidenced by Hopin’s success is that the company is growing at a rapid rate. On the face of it, working from the commune has proved its great effectiveness.
Once a month, Boufarhat will use Hopin himself to meet with all 800 employees worldwide. The meeting was likened by this young billionaire to a great game show on television. This also helps employees in the company get closer even though they have never met.
Now, Boufarhat and his colleagues have created a unique digital culture to support their model and become a model for startups with similar models to follow around the world.
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