Sramana: What specific steps did you take to get the business launched? How did you acquire your customer base? Pavel Sokolovsky: We put up a website using open source software. I had a bit of a technical and development background. Victor took on the challenge of accurately describing the products on our site. He did
Sramana Mitra: Switching gears, what are some unsolved problems? What are pain points that you’re hearing from your customer base that are interesting problems and that you and your peers are not solving? These are emerging pain points that need a whole new entrepreneur to go after.
The motivation for Steals.com came to Jana Francis right after she had a daughter, her third child, when she had to head back to work in the sales management team for a dotcom at the end of her maternity leave. She realized she was a smart, capable woman who could work from home. Once she
Don Kassner: It remains to be seen if it’s going to break out the way that it used to break out. For us, we’ve been very happy with the success that we’ve had in growing this from nothing to a $10 million a year company. You were talking about getting entrepreneurs to that first million
Entrepreneurs are invited to the 207th FREE online 1M/1M roundtable mentoring session on Thursday, February 27, 2014, at 8 a.m. PST/11 a.m. EST/9:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain straightforward feedback, advice on next steps, and she’ll answer any
We continue to be bullish about niche e-commerce as a category to build sustainable businesses in. This story is a further illustration of the trend. Sramana: Pavel, let’s start at the beginning of your story. Where are you from? What is the genesis of your entrepreneurial aspirations? Pavel Sokolovsky: I was born in Minsk, Belarus.
The $19 billion acquisition of WhatsApp has dominated all news and conversations this week. A detailed analysis is coming up on Monday. For this week’s blog posts, click on the paragraph link.
Sramana Mitra: Help us with the competitive landscape. Whom do you compete directly or indirectly? What does that landscape look like? Momchil Michailov: Software-defined storage has been a hot and trendy area. In flash storage and software-defined storage, there was a total of $1.2 billion of venture investment last year. For the pure software stack,