Sramana Mitra: What happens next? Manick Bhan: We figured out how to rub these two stones together and kept building up this small fire. We were doing maybe $50,000 in sales a month and slowly growing. By the end of the year, we had hit $1 million ARR (Annual Revenue Rate). In that process, we
In case you missed it, you can listen to the recording here:
Sramana Mitra: Let’s get back to the specifics of how you did it. Now that you are in the market, you have figured out that you can get to a million dollar run rate. What was the reason why people were buying from you versus these other players? You had all kinds of hypothesis intellectualizing
During this week’s roundtable, our guest was Jeremy Young, CEO of Tanga Network. Tanga has bootstrapped a ~$30M a year affiliate marketplace. It’s a Groupon-like business, but with much more sustainable unit economics and business practices. Very interesting discussion on how and why! DriveSmart First up, Mallesh Reddy from Singapore pitched DriveSmart, a fleet-safety software
Today’s 308th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, June 9, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join.
Today’s 308th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, June 9, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: How did you get your MVP out? Before you got any seed funding, I take it that you had to get an MVP launched and get some customers going. Manick Bhan: Yes. Sramana Mitra: That’s how the industry works. There are exceptions. Usually, first-time entrepreneurs are not exceptions. I’m just trying to see
Manick Bhan: At a high level, the preparation included me learning how to code. I had spent about nine months on that. I spent a lot of time in my apartment staring at a blinking cursor on a black background. Every time I hit an error, I put that error into Google to figure out what