Bassil Eid's guest appearances

Bassil Eid

eBay for Business

Swisspreneur Show

Mark Zuckerberg

Brian Burke

John Davis

Phil Libin

Patrick Thevoz

Ross Mason

Australia Bush

Scott Brown

Scott Warren

Kyle Evans

Monique Morrow

Tim McDonald

Shefali Singla

Kris Wadhwa

Lynne Dralle

OwlTail

Timestamps: 1:07 - From Canada to Denmark 7:32 - Convincing your parents about entrepreneurship 16:20 - The 3 ways to do payroll in Switzerland 21:57 - Convincing Swiss SMEs 30:32 - Preparing to acquire a company  About Bassil Eid: Bassil Eid is a co-founder of Earny, a startup providing simple automated payroll in 10 mins or less for startups &amp; SMEs. Bassil’s family moved from Lebanon to Canada when he was young, and it was in Canada that he studied Business Administration and Economics and  began working as a project manager in the freight industry. He then moved to Denmark after his masters to work at eMagCreator, a startup selling online magazines — this was his first entrepreneurial experience. When it came time for him and his wife to settle down, and his wife got a job at UBS, they chose to settle in Switzerland. In Switzerland, Bassil noticed that despite there being some momentum in the cap table space, for instance, no one was tackling payroll yet. By talking to accountants he discovered that Swiss SME payroll got done in one of 3 ways:  People do it themselves using one of the available softwares. This requires some previous payroll experience, and even then, you’re bound to make your fair share of errors. People hire an accountant at a rate of 30-60 francs per employee per month, on average. This still means you have to gather all the documentation yourself to email to the accountant. People hire internally, if they can afford it, which they often can’t. And often the person they hire ends up having to speak to an accountant anyway.  With Earny, anyone can run payroll with no experience needed, since most of the process is automated. It is also still possible to work with an accountant. In fact, earny has 3 interfaces: one for companies, one for employees, and one for accountants. Charging 10 francs per employee per month, Earny comes at about a third of the price of regular accountants.  Memorable Quotes:  "A lot of successful entrepreneurs are immigrants. They have a strong drive to surpass the status quo." "In the startup world you don’t wanna assume anything too fast. But you also want to be agile enough to fill the demand once it comes in."  Resources Mentioned: All In podcast Gary V NFT content  Don’t forget to give us a follow on our Twitter, Instagram, Facebook and Linkedin accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!

Timestamps: 1:07 - From Canada to Denmark 7:32 - Convincing your parents about entrepreneurship 16:20 - The 3 ways to do payroll in Switzerland 21:57 - Convincing Swiss SMEs 30:32 - Preparing to acquire a company About Bassil Eid: <a href="https://www.linkedin.com/in/bassil-eid-7701a822/" rel="nofollow" target="_blank">Bassil Eid</a> is a co-founder of <a href="https://www.earny.ch/" rel="nofollow" target="_blank">Earny</a>, a startup providing simple automated payroll in 10 mins or less for startups &amp; SMEs. Bassil’s family moved from Lebanon to Canada when he was young, and it was in Canada that he studied Business Administration and Economics and  began working as a project manager in the freight industry. He then moved to Denmark after his masters to work at <a href="https://emagcreator.com/" rel="nofollow" target="_blank">eMagCreator</a>, a startup selling online magazines — this was his first entrepreneurial experience. When it came time for him and his wife to settle down, and his wife got a job at UBS, they chose to settle in Switzerland. In Switzerland, Bassil noticed that despite there being some momentum in the cap table space, for instance, no one was tackling payroll yet. By talking to accountants he discovered that Swiss SME payroll got done in one of 3 ways: <ul> <li>People do it themselves using one of the available softwares. This requires some previous payroll experience, and even then, you’re bound to make your fair share of errors.</li> <li>People hire an accountant at a rate of 30-60 francs per employee per month, on average. This still means you have to gather all the documentation yourself to email to the accountant.</li> <li>People hire internally, if they can afford it, which they often can’t. And often the person they hire ends up having to speak to an accountant anyway.</li> </ul> With Earny, anyone can run payroll with no experience needed, since most of the process is automated. It is also still possible to work with an accountant. In fact, earny has 3 interfaces: one for companies, one for employees, and one for accountants. Charging 10 francs per employee per month, Earny comes at about a third of the price of regular accountants. Memorable Quotes:  "A lot of successful entrepreneurs are immigrants. They have a strong drive to surpass the status quo." "In the startup world you don’t wanna assume anything too fast. But you also want to be agile enough to fill the demand once it comes in." Resources Mentioned: <a href="https://www.allinpodcast.co/" rel="nofollow" target="_blank">All In podcast</a> <a href="https://www.youtube.com/watch?v=4se4_ZqkcKw&amp;ab_channel=GaryVee" rel="nofollow" target="_blank">Gary V NFT content</a> Don’t forget to give us a follow on our <a href="https://twitter.com/swisspreneur" rel="nofollow" target="_blank">Twitter</a>, <a href="https://www.instagram.com/swisspreneur/" rel="nofollow" target="_blank">Instagram</a>, <a href="https://www.facebook.com/swisspreneur" rel="nofollow" target="_blank">Facebook</a> and <a href="https://www.linkedin.com/company/10531767/admin/" rel="nofollow" target="_blank">Linkedin</a> accounts, so you can always stay up to date with our latest initiatives. That way, there’s no excuse for missing out on live shows, weekly give-aways or founders dinners!

EP #250 - Bassil Eid: Better, Cheaper Payroll For Swiss Companies

Theresa Cox

Prince Patel

Give us a call - 888-723-4630 Send us an email - sellingonebay@ebay.com visit us at ebay.com/sellingonebay   Welcome to Selling on eBay!  Our theme this week is Refine How You Work. In our Main Story eBay Sellers Theresa Cox and Prince Patel tell us how they manage and optimize their workspaces for success. On Inside eBay Bassil Eid discusses Webinterpret, eBay’s selling feature that provides U.S. sellers with access to eBay markets where English is not the primary language. As always, we’ve also got The Buzz!  To have your questions answered on Selling on eBay, call us at 888 723-4630 or email us at sellingonebay@ebay.com.   00:01 - Intro 01:35 - The Buzz 07:58 - The Main Story Part 1 - Theresa Cox (eBay Seller - clubred97) 18:55 - The Main Story Part 2 - Prince Patel (eBay Seller) 28:18 - Inside eBay 41:21 - Outro   Links / Phone Numbers / Hashtags Mentioned: 888-723-4630 - Call in Line eBay.com/announcements eBay.com/community eBay.com/meetups eBay.com/sellingonebay eBayopen.com facebook.com/eBayForBusiness pages.ebay.com/promo/2018/webinterpret.html webinterpret.com/us/  #ebaypodcast #makingithappen 

Give us a call - 888-723-4630 Send us an email - <a href="mailto:sellingonebay@ebay.com">sellingonebay@ebay.com</a> visit us at <a href="http://www.ebay.com/sellingonebay" rel="noopener nofollow" target="_blank">ebay.com/sellingonebay</a> Welcome to Selling on eBay!  Our theme this week is Refine How You Work. In our Main Story eBay Sellers Theresa Cox and Prince Patel tell us how they manage and optimize their workspaces for success. On Inside eBay Bassil Eid discusses Webinterpret, eBay’s selling feature that provides U.S. sellers with access to eBay markets where English is not the primary language. As always, we’ve also got The Buzz!  To have your questions answered on Selling on eBay, call us at 888 723-4630 or email us at <a href="mailto:sellingonebay@ebay.com.">sellingonebay@ebay.com.</a> 00:01 - Intro 01:35 - The Buzz 07:58 - The Main Story Part 1 - Theresa Cox (eBay Seller - clubred97) 18:55 - The Main Story Part 2 - Prince Patel (eBay Seller) 28:18 - Inside eBay 41:21 - Outro Links / Phone Numbers / Hashtags Mentioned: 888-723-4630 - Call in Line <a href="http://eBay.com/announcements" rel="noopener nofollow" target="_blank">eBay.com/announcements</a> <a href="http://ebay.com/community" rel="noopener nofollow" target="_blank">eBay.com/community</a> <a href="http://ebay.com/meetups" rel="noopener nofollow" target="_blank">eBay.com/meetups</a> <a href="http://www.ebay.com/sellingonebay" rel="noopener nofollow" target="_blank">eBay.com/sellingonebay</a> <a href="https://ebayopen.com" rel="noopener nofollow" target="_blank">eBayopen.com</a> <a href="https://www.facebook.com/eBayForBusiness/" rel="noopener nofollow" target="_blank">facebook.com/eBayForBusiness</a> <a href="http://pages.ebay.com/promo/2018/webinterpret.html" rel="noopener nofollow" target="_blank">pages.ebay.com/promo/2018/webinterpret.html</a> <a href="http://webinterpret.com/us/" rel="noopener nofollow" target="_blank">webinterpret.com/us/ </a> #ebaypodcast #makingithappen

Selling On eBay - Ep 33 – Refine How You Work with Theresa Cox, Prince Patel, and Bassil Eid