The year 2009 began for many on an anxious note, on the heels of the 2008 financial crisis. Layoffs were everywhere. Foreclosures stalked them from town to town. By the fall, unemployment in America hit 30 million, over 10% of the population. But life goes on. Bills come in, mortgages come due. Looking for a
Sramana Mitra: These are corporate accounts. You have to do an enterprise sale to get this to the purchase system? Janet Kosloff: Our clients, being pharmaceutical companies, have a pretty onerous procurement process. Almost every one of our clients require, what they call, a Master Services Agreement. It’s a whole process and a thorough review
Sramana Mitra: Then what happened? Jon Ellis: Then someone that I had been speaking to for months, a very wealthy family in Australia, really liked the platform. They had been using it and they said, “We’re prepared to be backers. We’d have to make substantial changes to make some money, but we’re prepared to back
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. I have always said that you need to bootstrap your way to validation and traction. Jason did just that, and has built a robust company from New Zealand. Read on, it’s a fabulous story. Sramana Mitra: Let’s start at the very beginning of your journey. Where
This feature from CNN looks at the significance of May Day, which is celebrated both as a seasonal celebration and as the International Workers’ Day. For this week’s posts, click on the paragraph links.
Sramana Mitra: The customers are pharmaceutical companies? Janet Kosloff: Correct. They are brand managers, market researchers, and M&A specialists. Sramana Mitra: Was your MVP an app? How did you structure the MVP? Janet Kosloff: We did not have an app originally. We have an app now but our primary tool is a web application that
Sramana Mitra: What market were you going after? Was Investorist focused on the Australian market to start with? Jon Ellis: To start with, it was. Initially, Investorist launched as an idea of working just in the Australian market. As soon as I launched, I’ve probably been active for six months and then I realized that to
Entrepreneurs are invited to the 305th FREE online 1M/1M roundtable mentoring session on Thursday, May 5, 2016, at 8 a.m. PDT/11 a.m. EDT/8:30 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