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Blog » Archive for August, 2012

Bootstrapping to $6M from Durgapur, West Bengal: Pinnacle CAD CEO Bimal Patwari (Part 4)

Posted on Sunday, Aug 5th 2012

Sramana: Why did you elect to establish your U.S. office in Houston? Was that where you client was based? Bimal Patwari: Our client was in Tennessee. I elected to establish the office in Houston because I had friends there. Houston in an engineering hub, and there is a lot of oil and gas industry there.

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Thought Leaders in Mobile and Social: Markos Symeonides, EVP, Axios Systems (Part 5)

Posted on Saturday, Aug 4th 2012

Sramana: So, it’s the usual adoption cycle. I think we’re still at that early adopter phase of these technologies. Markos: Yes, definitely. People get concerned. They say, “Wait a minute. We don’t want the business being disturbed by all these things.” So, they don’t have to be disturbed, but it’s a case of you need

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Bootstrapping to $6M from Durgapur, West Bengal: Pinnacle CAD CEO Bimal Patwari (Part 3)

Posted on Saturday, Aug 4th 2012

Sramana Mitra: Once you received your first order, what were your next steps? Bimal Patwari: Immediately I found a team of four people from the students I had trained. I had one experienced person, and the rest were my top students. I used that team to get us started. All of the architects typically work

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August 23: Openings For Entrepreneurs To Pitch At 139th FREE Online 1M/1M Roundtable

Posted on Friday, Aug 3rd 2012

Entrepreneurs are invited to the 139th FREE online 1M/1M roundtable on Thursday, August 23, 2012, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain constructive feedback and she’ll answer any of your questions. Others can “attend” to

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Thought Leaders in Mobile and Social: Markos Symeonides, EVP, Axios Systems (Part 4)

Posted on Friday, Aug 3rd 2012

Sramana: OK. Fair enough. Crowd sourced customer support, technical support, this is something that we are seeing elsewhere as well. You know, in the program that I run, One Million by One Million, which is a virtual incubator, we have an Italian company called Crowd Engineering that is selling, both in Europe and the U.S.,

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Women of 1M/1M: Kimbra Studios, Littleton, Colorado

Posted on Friday, Aug 3rd 2012

Welcome to our new series, Women of 1M/1M.  We bring you new stories of ambitious, talented and dedicated women entrepreneurs from around the world who using the 1M/1M program and curriculum to grow their businesses and achieve their dreams. We’ve all seen things like photo key chains. Well, Kimbra Studios makes custom photo jewelry and

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Bootstrapping to $6M from Durgapur, West Bengal: Pinnacle CAD CEO Bimal Patwari (Part 2)

Posted on Friday, Aug 3rd 2012

Sramana: During the five-year period that you ran the computer-aided design (CAD) training program, what kinds of business were you able to build? What was the revenue level like? Bimal Patwari: My father gave me five lakh rupee, which was about $12,000. I always believed in myself, and I always pushed myself to be the

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Roundtable Recap: August 2 – The Free Rider Problem

Posted on Thursday, Aug 2nd 2012

During today’s roundtable, we had two pitches and two discussions with 1M/1M premium members. instruMagic First, Eyal Eldar from Tel-Aviv, Israel, pitched instruMagic, an iPad app for playing songs on a guitar. Eyal is working with one of the largest sites for sheet music distribution and his game plan is to go to market through

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