Bootstrap First, Raise Money Later from Oregon: Paresh Patel, CEO of PayRange (Part 2)

Sramana Mitra: What is your Ph.D. in? Paresh Patel: It’s also in e-business and organization management. Sramana Mitra: The vending machine company was yourself? Paresh Patel: There were employees. We grew to about 25 employees.

Featured Videos

Building a Mid-Market Cyber Security Company from Utah: Peter Bookman, CEO of Guard Dog (Part 1)

Peter is a startup veteran who is building a new Cyber Security company from Utah. The key insight to focus on in this story is how he found white space in the mid-market. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in

Read Full Article »

Bootstrap First, Raise Money Later from Oregon: Paresh Patel, CEO of PayRange (Part 1)

Paresh did a superb job of validating in a bootstrapped mode and then raising significant venture capital. However, he made some mistakes after the fund raise. Eventually, he course-corrected and has built a wonderful business without further infusion of capital. Excellent case study! Sramana Mitra: Let’s start at the very beginning of your journey. Where

Read Full Article »

Catching Up On Readings: CES 2022

This feature from Time magazine reviews the ten best gadgets at CES 2022 held virtually this year including innovations ranging from BMW’s color-changing SUV to Razer’s cutting-edge modular PC concept. For this week’s posts, click on the paragraph links.

Bootstrapping by Piggybacking: Evenica CEO Sadek Ali (Part 6)

Sramana Mitra: If you tried to go into the Shopify marketplace with another e-commerce platform, that wouldn’t work. That was not an option. You were trying to build your own e-commerce platform. Sadek Ali: Shopify is a long-tail play. Sramana Mitra: Shopify, on many levels, is not the right marketplace for you. Sadek Ali: Shopify

Read Full Article »

January 13 – 559th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 559th FREE online 1Mby1M Mentoring Roundtable on Thursday, January 13, 2022, 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 questions. Others

Read Full Article »

Bootstrapping by Piggybacking: Evenica CEO Sadek Ali (Part 5)

Sramana Mitra: You had a diverse set of e-commerce platforms that were in that portfolio. Sadek Ali: That’s correct. We didn’t really know what the platform was. I picked up technologies my entire life. If you understand how e-commerce works, then you know the operational side of it that they’re looking for. We did that

Read Full Article »

Building a 2-sided Farm to Table Marketplace from Indiana: Nick Carter, CEO of Market Wagon (Part 5)

Nick Carter: We can prove a few things though. We had gross margin profitability. We’re not losing money on operations. We have been building a playbook for scale. We had practice with opening – what the regulatory problems are, how you find a space, who you need to recruit. They backed us with $5 million

Read Full Article »