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Blog » Archive for May, 2017

Bootstrapping a Two-Sided Marketplace to $10M: Sal Akbani, CEO of Gateway Classic Cars (Part 7)

Posted on Sunday, May 14th 2017

Sramana Mitra: Where to from here? More of the same? Sal Akbani: More of the same. We’re also incorporating a few other items out there into the product mix. As part of one of our themes, we have partnered with a very famous NASCAR personality Kenny Wallace. We are producing a mini-series on TV and

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Capital Efficient Entrepreneurship: Bonanza Co-Founder Mark Dorsey (Part 6)

Posted on Saturday, May 13th 2017

Sramana Mitra: Now we’re still in 2010. In the last six years, what has happened to the business? Where has the growth come from? Mark Dorsey: In the past six years, we’ve attempted to rebrand ourselves into a fashion site. We kept Bonanza but we also created a second site for handbags exclusively. What we

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352nd Roundtable Recording On May 11, 2017: With Ron Heinz, Signal Peak Ventures

Posted on Saturday, May 13th 2017

In case you missed it, you can listen to the recording here:

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Bootstrapping a Two-Sided Marketplace to $10M: Sal Akbani, CEO of Gateway Classic Cars (Part 6)

Posted on Saturday, May 13th 2017

Sramana Mitra: Why Kentucky? Sal Akbani: Because it was closer and safer, and I only had so much money to spare. Sramana Mitra: How did that pan out? Sal Akbani: Really well. It’s one of our best-performing showrooms for the last four years.

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Capital Efficient Entrepreneurship: Bonanza Co-Founder Mark Dorsey (Part 5)

Posted on Friday, May 12th 2017

Sramana Mitra: How did revenues scale? How long did it take your to hit $1 million in revenue and how did that ramp? Mark Dorsey: I would really have to go back to the archives to check. You would think that that would be a major milestone that would be layered into my mind. I

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May 18 – 353rd 1Mby1M Mentoring Roundtable For Entrepreneurs

Posted on Friday, May 12th 2017

Entrepreneurs are invited to the 353rd FREE online 1Mby1M mentoring roundtable on Thursday, May 18, 2017, 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. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register

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Bootstrapping a Two-Sided Marketplace to $10M: Sal Akbani, CEO of Gateway Classic Cars (Part 5)

Posted on Friday, May 12th 2017

Sramana Mitra: Would you say, looking back, that was not the right market to go into? Sal Akbani: It was actually a good market. We just didn’t know what the heck we were doing. Sramana Mitra: What do you think, looking back, did you not do or were not doing right? Sal Akbani: Managing. We

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Roundtable Recap: May 11 – Startups in the Rocky Mountain Corridor

Posted on Thursday, May 11th 2017

During this week’s roundtable, our guest was Ron Heinz, Founder and Managing Director at Signal Peak Ventures, a venture firm operating mostly in the Rocky Mountain corridor out of Utah. Ron and I discussed what’s happening in Utah, as well as Colorado and Arizona. We’ve covered a number of companies from that area including Pluralsight,

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