Sramana Mitra: What was your revenue in 2016 when you decided to switch gears? Kristi Herold: We were doing $6.5 million in revenue. Sramana Mitra: That is substantial for a word-of-mouth business.
During this week’s roundtable, we had as our guest Stefan Batory, Co-founder and CEO of Booksy, a SaaS-enabled marketplace venture. Koi Reader As for our entrepreneur pitch today, we had Ashutosh Prasad from Dallas, Texas, pitching Koi Reader, a bootstrapped IoT company for the logistics industry. Fitness Locater We then had a conversation with entrepreneurs
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Raised in an entrepreneurial home, Founder CEO Mark Organ was encouraged to become a doctor or professor and delighted his parents when he went to Northwestern to earn his PhD in neurosciences. In no time he was incubating Eloqua from within Bain and Company during the
Sramana Mitra: As you know, we have run 1M1M as a global virtual company right from the beginning, so nothing changed in our workflow. We don’t do anything in person. Sumant Mandal: If you have kids at home, they are very keen for you to go back to the office, especially teenagers. Sramana Mitra: Yes,
Sramana Mitra: Give me the highlights of your strategy in growing this thing to that level. How long did it take you to achieve $1 million in revenue? Kristi Herold: It took me 8 years to get to $1 million in revenue. Sramana Mitra: In 1996, you started the business and then in 2004, you
If you have been bootstrapping and think you are ready for investors, you need to learn how investors think. First, please study our free Bootstrapping course and Investor Introductions page. Then start looking for entrepreneur – investor fit. Today I introduce you to Sumant Mandal. Sumant Mandal, Co-founder and Managing Partner at March Capital, emphasizes the impact of Covid
If you have been bootstrapping and think you are ready for investors, you need to learn how investors think. First, please study our free Bootstrapping course and Investor Introductions page. Then start looking for entrepreneur – investor fit. Today I introduce you to Yanev Suissal. Yanev Suissa is General Partner at SineWave Ventures out of Washington DC and Silicon
Kristi Herold: I called everyone in my address book. I would also say, “If you know anyone that you think might be interested, will you send me their contact info?” I had friends faxing me their address books and then I would go through their address books and call everyone and tell them my idea.