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Blog » Archive for May, 2021

Thursday, May 6 – 529th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Tuesday, May 4th 2021

Entrepreneurs are invited to the 529th FREE online 1Mby1M Mentoring Roundtable on Thursday, May 6, 2021, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/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

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1Mby1M Virtual Accelerator Investor Forum: With Cindy Padnos, Founder and Managing Director at Illuminate Ventures 2021 (Part 5)

Posted on Tuesday, May 4th 2021

Sramana Mitra: One of the areas that I am watching closely is Platform-as-a-Service (PaaS). I don’t know if you read some of my writing but I have been writing about this for about a year or more. I have had lots of conversations with lots of companies that are either already doing PaaS strategy or

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Surviving Covid with a Bootstrapped Venture: Kristi Herold, CEO of JAM (Part 1)

Posted on Tuesday, May 4th 2021

If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. Kristi built a thriving bootstrapped business over twenty years until Covid hit. Read how she is surviving Covid. Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you

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1Mby1M Virtual Accelerator Investor Forum: With Cindy Padnos, Founder and Managing Director at Illuminate Ventures 2021 (Part 4)

Posted on Monday, May 3rd 2021

Sramana Mitra: What about geography? Are you only doing Silicon Valley? Cindy Padnos: No, we always had a broader view in that as well. We’ve had companies in New York, Philadelphia, Pittsburgh, Chicago, Canada, and Southern California. We have always had a broader view. My partner, Jennifer is in Seattle. We look deeply into the

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Best of Bootstrapping: Founder Bootstrapped Category Leading E-commerce Company Shoplet

Posted on Monday, May 3rd 2021

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  The Shoplet case study, as shared by Founder CEO Tony Ellison in 2014, is interesting because it illustrates how an entrepreneur has bootstrapped a category leading e-commerce venture by trading off margins in favor of minimizing logistical challenges. Sramana: Tony, let’s start with the beginning of

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From Solo Entrepreneur to Serial Exits: Shane Neman, CEO of EZ Texting (Part 6)

Posted on Monday, May 3rd 2021

Shane Neman: We had a real problem in finding affordable tech talent. I was in New York at this time. I bootstrapped it, so I was being very careful with how I was spending the money. In many ways that was an element of the success. It was my own money. What happened was, we

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Catching Up On Readings: State of FinTech Q1’21

Posted on Sunday, May 2nd 2021

This report from CB Insights covers the global fintech investment trends in key financial verticals, partnership activity, and top deals in the sector. For this week’s posts, click on the paragraph links.

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From Solo Entrepreneur to Serial Exits: Shane Neman, CEO of EZ Texting (Part 5)

Posted on Sunday, May 2nd 2021

Sramana Mitra: In 2007, JoonBug was sold, and you were fully into EZ Texting. Most of the proceeds from the sale have gone into EZ Texting, what happens next? Shane Neman: I realized that I needed to quickly start scaling the business. I started hiring developers and salespeople. I went at it as a product-first

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