Joel Thomas: On January 6 of 2014, when I showed up at work, there were resignation letters. Everybody had quit and gone to work at another company. It was really challenging. I had just gotten engaged a year before. To wake up on my birthday and not have anybody at the company was scary. I
Sramana Mitra: What year did this restructuring happen? Bassel Ojjeh: This was in 2014. Sramana Mitra: LigaData really comes together in 2014. What happens next? Bassel Ojjeh: My biggest focus continues to be profitability. Last year, I was reading something when it struck me, “You want the freedom to innovate and you need to be
We’ve shared many Bootstrapping Using Services case studies with you here, as well as in the book on that topic. Inspyrus CEO Nilay Banker’s story is particularly interesting because of the absolutely awesome business model that Nilay and his team have implemented. Read on! Sramana Mitra: Let’s go to the beginning of your personal journey. Where are
Sramana Mitra: As long as it works, it’s great. When it doesn’t work, it’s problematic. Joel Thomas: It did work till 2014. Everybody was doing really well. We were leaders in our industry. Because of the volume of business that we were doing, I was invited to join this organization called Air Charter Association of
Entrepreneurs are invited to the 475th FREE online 1Mby1M mentoring roundtable on Thursday, March 5, 2020, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 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
During this week’s roundtable, we had three pitches. Amma’s KitchenFirst up, Kiran Vasudeva from Cluj-Napoca, Romania, pitched Amma’sKitchen, a training and subscription service for cooking Indianvegetarian recipes for people interested in following a plant-based diet.
Sramana Mitra: What happens next? Bassel Ojjeh: We got our first few customers. We wanted to counter what the software industry is used to. We went open source. The goal was ubiquity. What we found out fairly quickly is, if you’re selling to traditional companies, they’re not used to buying open source software. It became
Today’s 474th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, February 27, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. PASSWORD: startup All are welcome!