Co-Founder & CEO
Sultan Mahamud founded 6amTech in 2021 with the vision to create and sell innovative software solutions globally. Initially, the company focused on ecommerce-based software development, marketing their products under the brand name CodeCanyons. As 6amTech’s reach expanded internationally, they encountered critical challenges, particularly in setting up efficient international payment systems and managing global taxation—essential elements for operating on a worldwide scale.
To explore how 6amTech successfully navigated these global business complexities, Woaliullah Olee, Head of Creative at Business Globalizer, engaged in an insightful conversation with Sunny Sultan. This discussion sheds light on the strategic moves and partnerships that have enabled 6amTech to thrive internationally.
Woaliullah Olee: Could you start by telling us about yourself and your company?
Sultan Mahamud: Hi! I’m Sunny Sultan, CEO and co-founder of 6amTech. 6amTech is a software development company, and we sell our products in the marketplace under the name CodeCanyons. The majority of the software is ecommerce-based, and we customize it accordingly.
Woaliullah Olee: What are the products 6amTech is working on right now? Are there any new products coming soon?
Sultan Mahamud: 6amTech focuses on e-commerce, and our major products are StackFood and 6Valley. So, you can say, the company is our multi-purpose e-commerce solution. StackFood is a multi-vendor restaurant solution. We mainly provide these customized solutions, serving mostly international clients, though we have some domestic clients too. 6Valley is a comprehensive multi-vendor eCommerce platform offering a mobile app, web interface, and admin panel for managing online marketplaces.
Woaliullah Olee: Are you currently working on something that is very demandable in the market?
Sultan Mahamud: We are working on a SAAS project that will hopefully be launched by the end of 2024 or early 2025.
Woaliullah Olee: How do you evaluate coding and web development services in Bangladesh?
Sultan Mahamud: The demand is increasing day by day in the local market. We don’t specifically work for the local market, but we try to support our local users as much as possible.
Woaliullah Olee: If I ask you to compare local and international markets, what differences do you see?
Sultan Mahamud: Local and international markets each have their pros and cons. It’s easier to receive payments from local clients, but international transactions were challenging initially. Local clients are less understanding, whereas we can easily convince international clients. We can develop software according to their demands, but local clients sometimes have demands that are harder to satisfy.
Woaliullah Olee: 6amTech has been in the market for a long time and doing well. What were the initial challenges for 6amTech in terms of expanding the business globally?
Sultan Mahamud: We started with a remote office. As our operations expanded, we moved to a physical office. Both of us, the co-founders, had other jobs before we started running our own business. So this transition was a big challenge for us, but we managed to handle it effectively. Also, we had limited experience in hiring a team, but we quickly adapted and successfully established a positive working culture for our employees.
Woaliullah Olee: What obstacles were you facing in terms of expanding your business globally?
Sultan Mahamud: Our products were well-received from the start, and our inbound marketing was successful. The main challenge? Payment processing, for sure. That was a real headache! Clients did not prefer bank transfers due to their lengthy nature. Online payments were more convenient for smaller assignments. A real problem we faced there.
Woaliullah Olee: How did you overcome this payment challenge and get introduced to Business Globalizer?
Sultan Mahamud: We were introduced to Business Globalizer by Mr. Rifat, the co-founder of The Soft King. He connected us with Mr. Mamun from Business Globalizer, to whom we explained all our issues. He assured us that by forming companies in the USA or UK, we could legally utilize popular payment gateways like PayPal and Stripe. Consequently, we established companies in both the USA and the UK, which has resolved our payment issues. Business Globalizer also handles our annual filings and tax returns, so we don’t have to worry about those aspects.
Woaliullah Olee: These kinds of similar single services were also available in the market. How would you differentiate Business Globalizer from them?
Sultan Mahamud: Honestly, I have yet to see any other companies that provide one-stop solutions in Bangladesh like Business Globalizer. A few companies may provide some single services, but I haven’t explored them because I received a solid recommendation from Mr. Rifat.
Woaliullah Olee: So, what would be your advice for people in the same industry facing similar problems?
Sultan Mahamud: Many of my colleagues in the industry have discussed similar challenges with me. I’ve consistently recommended Business Globalizer or shared Mr. Mamun’s contact number with them. Many newcomers experience these same issues, but they are now gradually resolved.
Woaliullah Olee: How do you view the importance of legal compliance and taxation in global business expansion?
Sultan Mahamud: Definitely, compliance issues are crucial when you form a company in other countries. Over 80% of 6amTech’s transactions are conducted through our foreign entities. If we don’t manage this properly, we could face significant issues next year. Business Globalizer ensures we stay on track by sending reminders and managing our compliance services. I am quite satisfied with their support.
Woaliullah Olee: What services have you used so far, and do you plan to use any additional services in the future? What are your thoughts on Business Globalizer’s support team?
Sultan Mahamud: We’ve formed three companies through Business Globalizer in the USA and UK. If we need to expand into Singapore and Dubai, we will certainly consider using their services again. Their support team is exceptional, always responsive, and ready to assist with any questions or issues we have.
Woaliullah Olee: You have been using our services for a long time. We have made improvements over the years, but still have a long way to go. Do you have any suggestions?
Sultan Mahamud: Definitely. We are one of the very first clients of Business Globalizer. Initially, there were some issues, but those have been resolved. We now receive faster responses. I think introducing more automation would further smooth out processes, although currently, personal interaction is quite effective.
Woaliullah Olee: 6amTech is our valued client and an MOU partner. We have a lot of experience working with you, and I believe our collaboration will continue to grow. How do you evaluate the importance of strategic partnerships in this expanding industry?
Sultan Mahamud: Business Globalizer is doing something new and different. It’s rare to see software companies forming such strategic partnerships in our industry. This collaboration provided us with unique growth opportunities. We are optimistic that our continued partnership with Business Globalizer will lead to even greater advancements and success in the future.
Woaliullah Olee: How much value has Business Globalizer added to your company?
Sultan Mahamud: Business Globalizer has significantly enhanced our business. We used to lose many potential clients due to payment system issues. Working with Business Globalizer has streamlined our processes and increased our revenue significantly. They have played a crucial role in our success.
Woaliullah Olee: Out of 10, how much would you rate Business Globalizer?
Sultan Mahamud: I would give them 9 out of 10. I believe they will soon earn a perfect score from us.
The collaboration between 6amTech and Business Globalizer marks a significant milestone in the journey of a burgeoning software development company. Through strategic partnerships and effective solutions provided by Business Globalizer, 6amTech has successfully addressed the complexities of global payments and compliance. This partnership has not only streamlined their operations but also enabled them to focus on innovation and expanding their product offerings without the hassle of administrative burdens. The success of 6amTech underscores the importance of choosing the right partners to navigate the challenges of global business expansion. With the continued support of Business Globalizer, 6amTech is well-positioned for future growth and success in the international market, proving that with the right strategies, even newer companies can achieve great heights in the competitive tech industry.
Credits:
Woaliullah Olee: Interviewer
Fahim Zaman: Audio Recorder, Camera (DOP), Gear Management
Rafsan Hossain: Video Editor
Sultan Mahamud: Interviewee
