Today’s 337th FREE online 1M/1M roundtable for entrepreneurs is starting NOW, on Thursday, January 26, at 8:00 a.m. PST/11:00 a.m. EST/9:30 p.m. India IST. Click here to join. All are welcome!
Today’s 337th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, January 26, 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: What is the business now? Do you sell mostly licenses? Sylvana Caridi Coche: I switched from 80% services and 20% license to 80% license and 20% services. The goal next year is to do more and more services. Sramana Mitra: How many people do you have now? Sylvana Caridi Coche: I have three
Sramana Mitra: Do you remember the denomination of the customer? How much did the customer pay? Ruslan Fazlyev: I think it was $100 a license. I did my math quickly. Five cents investment for $100. Sramana Mitra: Amazing. Ruslan Fazlyev: My second 5-cent spend was disappointing because there was no customer, but my third spend
Sramana Mitra: In the first year of business, how much did you do revenue-wise? Sylvana Caridi Coche: I did $7.5 million in revenue. Sramana Mitra: That’s incredible. Sylvana Caridi Coche: Yes, that was very unique. Sramana Mitra: That was with 20 people.
Sramana Mitra: I’m going to ask you questions so that we can trace your journey of how you put this business together block by block. Tell me how you acquired your first customers for this business. Ruslan Fazlyev: We didn’t really acquire customers for our business. We got case-by-case freelance requests to build an online
Entrepreneurs are invited to the 337th FREE online 1M/1M roundtable mentoring session on Thursday, January 26, 2017, at 8 a.m. PST/11 a.m. EST/9:30 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
Sramana Mitra: Let’s go to the very beginning of this journey in 2007. You went to SAP and said you wanted to resell. Where did you go to seek your first clients? Sylvana Caridi Coche: My clients call me. I actually have to pick the clients. Usually people who start a company to do implementations