Today’s 320th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, September 8, 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 long did you stay at this? Christian Vanek: I stayed at it for two and a half years before I ran out of money. Sramana Mitra: That brings us to 2001? Christian Vanek: Yes. Sramana Mitra: What did you do next?
Sramana Mitra: What did you burn the $200,000 on? Guy Mucklow: Partly salaries and technology. Though we were building a lot of stuff ourselves, we needed infrastructure to support the service we were building. If you look back on those times, you think, “Why on earth did I do that?” We spent $50,000 on just building
Sramana Mitra: Talk to me about the distribution of your content. You said you cover all the way from K-12 to higher education. What is then the breadth of the content? Where do you have more concentration versus others? Where is the interest of your customer base? Adrian Ridner: We experimented with a lot of
If you are trying to sell B-to-B software to Indian SMBs, you know that it’s a very big market, and by and large, inaccessible. There are hardly any mature channels through which to cater to this audience of customers profitably.
Sramana Mitra: What was the evolution of your career as a software programmer in this travel services company? Christian Vanek: I worked on building the system for that conference company. Then the parent company asked me if I’d like to join them as an actual official developer. I was given more of a traditional developer title.
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. Guy has bootstrapped his company to $20 million, and last Christmas, turned down a $100 million acquisition offer. Read how he has navigated his venture. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from?
Adrian started Study.com in 2002. Read how the trends in online education have impacted the evolution of a very interesting business. Excellent story. Sramana Mitra: Let’s start by introducing our audience to Study.com. What do you do? Where is the company located? Adrian Ridner: What we try to do is develop the simplest way to