To further advance initiatives to develop entrepreneurship in Bengal, 1M/1M is joining hands with several Kolkata organizations to hold the Kolkata 1M/1M Pitch-Fest Competition on Thursday, November 1, 2012, at iLEAD in Kolkata, India. Through an application process, 10 companies will be selected to pitch their businesses to Sramana Mitra. Each 5-minute pitch will be
Entrepreneurs are invited to the 143rd FREE online 1M/1M roundtable on Thursday, October 4, 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
Sramana Mitra: It’s very exciting that small businesses can afford technology at a completely different order of magnitude. Chris Gatch: Yes, it’s amazing. The capital required to start businesses now is dramatically less. The dollars involved in VC rounds have gone down as a result of cloud technology. What’s cool is that the stuff the
Sramana: How much were you charging? Andrew Gazdecki: When we first started, we had a setup fee of $500 dollars. We then charged $39 dollars a month to maintain and host the application. I quickly realized there was a larger opportunity at hand, and that opportunity was to let other people do what I was
SM: What is the impact of Apple in all of this? CG: They’ve changed the browser landscape pretty considerably. They’ve driven HTML 5 shift in the industry and are forcing customers to have to redevelop sites that are moving away from Flash. We haven’t to have client solutions for tools that we roll out that
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Andrew Gazdecki is the founder and CEO of Bizness Apps, a do-it-yourself iPhone app platform that allows small businesses to easily create, edit, and manage an iPhone app online without any programming knowledge needed. He founded Bizness Apps while attending CSU Chico full time. He is
Sramana Mitra: The best way for us to understand the business and the dynamics of the business environment in which you play is to do use cases and segments. That’s why I’m leading you down this path. Chris Gatch: Sure. To that end, let me give you an example. We have a customer that’s a
Sramana: Your employees need to have very specific skill sets. How do you find them and hire them? Andrew Swinand: The typical person we hire is an engineer. They have a masters or PhD in engineering or mathematics. Six of our employees are college professors. Between them they have written eight books, and one just