Interview with Jitesh Kumar Thakur | ChatBuck
We hope this can inspire you to become a successful entrepreneur too! Why is it important to hear the story of a successful entrepreneur?
Having the vision to become an entrepreneur is great. Making it happen is another story!
In that frame, We had the pleasure to interview Jitesh Kumar Thakur, founder of ChatBuck. ChatBuck is a secure app where you can send and receive messages, call, photos, documents and voice messages. ChatBuck’s main USP is User’s Data Privacy.
1. What gets you out of bed in the morning i.e what’s your source of motivation?
To keep myself motivated,I always remember my future plan regularly, this helps me in setting up my goals on day to day basis. I always think practically about the future. Practical thinking helps me in keeping myself grounded and close to my target.
2. Please tell us something about “ChatBuck”?
ChatBuck is a secure way to send and receive messages, calls, photos, videos, documents, and Voice Messages. This is a simple, personal, and secure messaging app available for Android and other smartphones. We always try to keep our users aware about data privacy,because digital privacy matters a lot. We keep our users data secure on our server and do not sale users data for making short term profit as compared to other
messaging apps. In future we are planning to provide unique services to our users for that we will charge. It will be like subscription.
3.What’s your competitive advantage and why can’t it be copied?
Our team is quite skilled in every department. I am pretty good at analytics, team building, marketing, coding and lot more. Two people can have same idea but everybody has different approach towards solving a problem statement. I personally feel like, it’s totally in the approach, how you are trying to solve any problem. My approach towards solving messaging problem by keeping privacy in mind is a different game together.
4. A lot of people say “Privacy is a myth”. ChatBuck’s one of the main USP is privacy. How you are making it happen?
To be true Privacy is not a myth. People who say Privacy is a myth are the ones who never tried or you can even say people with less knowledge regarding the issue. Our main USP is Privacy and it makes ChatBuck unique from the rest of the competing brands in the market. We have a new feature that locks your chat, with the use of password only you can access it. We have back up facility through which you can store your data in your phone memory. You can send upto 100 photos, and you can add upto 300 people in groups.
5. Have you considered of any partnership/alliance?
Yes! I am open to partnership. My partner should have good knowledge of applications, privacy policy, knowledge of app development, marketing and IT and ability to work with the team.
6. What are your cash flow projection? When will you break even ? How much will you need in investment?
I am working towards making ChatBuck India’s No 1 and most trustworthy messaging app. We are looking for around 50 Lakh funding so that improve and upgrade ChatBuck.
7. What’s comes first for you money or emotions ?
Emotions comes first for me. Let me break this, People’s privacy is equal to emotions and we secure privacy. We do not want to hurt emotions of people with things like data leak.
8. What are your strength and weakness?
I think one of my greatest strengths is I am a problem solver. I have the ability to see a situation from different perspectives. For me, it’s doesn’t matter how many obstacles are there, when I’m into it I will make sure the work is completed. My straight forward nature is one of my weakness.
9.Tell me about and accomplishment you are most proud of .
ChatBuck.
10. How do you handle the pressure?
Actually, I try to react to the situations instead of taking stress.
11. If you sold your company today,what would be the tone of conversation ? What would you want to gain? What would you want to avoid losing?
I’m definitely not going to sell my company.
12. Why ChatBuck? Why not any other name.
When I was working on this idea, my main motive was get a unique and catchy name for the app. Chat simply mean to talk to someone in informal way and buck mean money.
