Sramana Mitra: What year are we talking? Janet Kosloff: This was 2010. I wrote the business plan in 2010 and I started to think about it. Once I was ready to take the leap, I left my job because I am very commerically-oriented, and I wanted to find a co-founder that had more of the
In case you missed it, you can listen to the recording here:
Sramana Mitra: After you quit Mirvac, you started an ad agency? Jon Ellis: I didn’t intend to start an ad agency. I just intended to work as a marketing manager for other property developers. Very quickly, I realized that there weren’t a lot of experienced marketers. There was an opportunity to work for a number
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. You know I don’t buy into the men saying that there’s a bias against women entrepreneurs in the industry. Janet doesn’t either. Here’s an opportunity to learn from her success in building solid revenues, and a profitable business. Sramana Mitra: Let’s start at the very beginning
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Jon has side-stepped venture capital, and raised a significant funding from his customers. He hopes to take the company public in Australia once the company gets to about $50 million in revenue. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you
Sramana Mitra: If you can attract bank financing and can do things with bank financing, it’s hugely advantageous from an ownership point of view. Vlad Friedman: Exactly. Today, we’re at about $18 million run rate and on our way to hit $20 million this year. We’re still in the same position. We still have a strong
During this week’s roundtable, we did yet another romp around the world. Place2Sport First up, Nikola Dechkov from Sofia, Bulgaria, pitched Place2Sport, a platform for booking amateur sports venues like soccer fields and such, for Europe, starting In Bulgaria. I like the idea, and advised Nikola to assess the market scope for the venture based on
Sramana Mitra: What do you see as the main driver of that consumer-driven purchase cycle? Is it more the community and the people in their network who influence the purchase decision or is it that self-serving content that people read about? Whether it’s on the site of the retailer or other sites, there’s also a