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Blog » Archive for October, 2021

From Student Entrepreneur to a $15 Million Revenue Ultralight Business: Stephanie Madesh, CEO of Kalon Clothing (Part 1)

Posted on Thursday, Oct 7th 2021

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Stephanie was a Sophomore in college when she started her venture. Wonderful story of a student entrepreneur growing into a multi-million dollar ultra-light e-commerce business. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and

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Looking for Product – Market Fit for Your Startup?

Posted on Wednesday, Oct 6th 2021

Are you having difficulty getting traction for your product? You may need to work on the positioning. The One Million by One Million / 1Mby1M virtual accelerator teaches entrepreneurs how to formulate a crisp positioning for their product or service. Use our Self-Assessment tool to help identify where you may need help. Interested in getting

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Thought Leaders in Healthcare IT: Kristen Valdes, CEO of b.well Connected Health (Part 3)

Posted on Wednesday, Oct 6th 2021

Sramana Mitra: What are the top actions they take? Kristen Valdes: It’s all over the board. We look at this as a digital persona. Healthcare has historically targeted individuals and looked at risk based on things like the zip code, age, presence of chronic condition. When we think about a digital-first experience, there’s a whole

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From Student Entrepreneur to a $15 Million Revenue Ultralight Business: Stephanie Madesh, CEO of Kalon Clothing (Part 6)

Posted on Wednesday, Oct 6th 2021

Sramana Mitra: What percentage of your business is the plus size? Stephanie Madesh: From 2x up, we run about 30%. Men’s is higher – about 35%. We go up to 4x for men’s. For women’s, we go up to 2x on a knitted item and 4x for the rest. Sramana Mitra: What other categories are

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Bootstrapping to $10 Million Using Services: Sameer Maggon, CEO of SearchStax (Part 3)

Posted on Wednesday, Oct 6th 2021

Sramana Mitra: What was the pricing? Sameer Maggon: The first offering that we sold was for about $10,000 a year.  Sramana Mitra: How did that business ramp? When you start off with a bootstrapping with services model, your services revenues far outpace product revenues. Gradually, it starts to tilt.

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1Mby1M Startup Fullcast Raises $4M in Series A Funding

Posted on Tuesday, Oct 5th 2021

Congratulations to Fullcast Co-founder and CEO Dharmesh Singh and the entire Fullcast team! Fullcast announced today that it closed $4 million in Series A funding to accelerate its growth as the only end-to-end RevOps platform. Back in February, we outlined the company’s position in Deal Radar and discussed the company’s bright future with investor Warren Weiss

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Thought Leaders in Healthcare IT: Kristen Valdes, CEO of b.well Connected Health (Part 2)

Posted on Tuesday, Oct 5th 2021

Kristen Valdes: Our customers are able to gain trust and loyalty with the population they serve. For our businesses, there’s a movement that’s trying to move away from pay-for-service toward pay-for-value where doctors are incentivized for keeping people out of the hospital. The challenge has been that we’ve largely been arranged where people have to

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Best of Bootstrapping: Co-founders Bootstrapped BeenVerified with Angel Money

Posted on Tuesday, Oct 5th 2021

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Building businesses has become cheaper by several orders of magnitude. When we spoke in 2015, Co-founder Josh Levy and his team took just over $2 million in angel financing, and had built a profitable business in New York. For those entrepreneurs facing the Series A crunch,

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