Today’s 294th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, February 18, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: During that first 18 months, did you figure out that e-commerce was going to be your top segment? Robert Moore: We did. E-commerce is a really good fit for what we can do because customers tend to come back and buy more than once. We always say that the best customers for us
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Tod has built an interesting online education company focused on specific niche course types. Read on to learn more. Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background?
Sramana Mitra: You got some little bits and pieces of revenues and customer validation going. What’s the next major milestone? Robert Moore: I mentioned that we were working out of my attic. What I didn’t mention is we didn’t have any air-conditioning in that attic. We started in October 2008. It was all well and
Sramana Mitra: Given that you know nothing about me and you’re showing me something that doesn’t work for me at all, how do you take a prospect like me and turn me into somebody who can actually find useful things on your site? Jeremy Young: You would have to give us your email address and
Sramana Mitra: I presume you guys started the company with your own money? Robert Moore: We did. It was not a lot of money. It was about $10,000 in total between the two of us. Sramana Mitra: Who built the software? Who wrote the code? Robert Moore: I wrote the original version in my attic.
Sramana Mitra: There is a company that we have done a case study on in Utah called Steals.com that’s in the baby product category and that does one deal a day. Jeremy Young: Exactly. This was before any of those companies existed. We’ve been doing this for almost 10 years now. Sramana Mitra: When you
Nick Hedges: At the same time, the current CEO was facing unfortunate circumstances. Two weeks after he joined the company, his wife was diagnosed with cancer. He spent two years as the CEO of Velocity, or Leads360 as it was called then. All the time, he and I knew that he was not going to