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Best of Bootstrapping: Bootstrapped a Product Using Services

Posted on Friday, Aug 11th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Here’s yet another great case study of a successful bootstrapping whereby the entrepreneurs developed a solid product business eventually. This conversation with 2600Hz Co-CEO / Co-founder Patrick Sullivan took place in 2017.

Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background?

Patrick Sullivan: I was born in California. I eventually went to school at Santa Barbara and got a degree in Computer Science. I graduated in 1999. I moved back to Tahoe to be a ski bum for a year to get that out of my system. Then I moved to San Francisco right before the dot-com crash happened. It was a pretty awful thing from a career standpoint.

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Cloud Stocks: Amazon Focuses on AI Tools for Developers

Posted on Friday, Aug 11th 2023

Amazon (NASDAQ: AMZN) recently reported its second quarter results that outpaced market expectations. During the quarter, Amazon continued to add several enhancements to its platform that leverage generative AI capabilities.

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Bootstrapping an AI-Powered Security Startup to $10M+ in Revenue: Osprey Security CEO Rohit Anabheri (Part 2)

Posted on Friday, Aug 11th 2023

Sramana Mitra: Did you have a customer with whom you validated this with?

Rohit Anabheri: This has been my mantra. Find your customer. Know their problems and fix their problems. We did it very organically. We knew what the gaps were. Then what we did is documented them and went to the people to validate.

Sramana Mitra: Who are these people?

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Best of Bootstrapping: Bootstrapped to $30M from Florida

Posted on Thursday, Aug 10th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

SproutLoud CEO Jared Shusterman bootstrapped his company with his bar mitzvah money. Read his wonderful story from 2017!

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Jared Shusterman: I was born in Miami, Florida. I’m one of the few South Florida natives. I grew up in a middle class family that had a very heavy focus on education. After I graduated high school, I went to the University of Virginia. I got a Bachelors degree with a Finance and Marketing concentration. Shortly after that, I moved out to San Francisco and worked for an investment bank in the online media practice. That’s the quick summary of my initial upbringing.

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615th 1Mby1M Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Posted on Thursday, Aug 10th 2023

Today’s 615th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, August 10, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup  All are welcome!

Bootstrapping an AI-Powered Security Startup to $10M+ in Revenue: Osprey Security CEO Rohit Anabheri (Part 1)

Posted on Thursday, Aug 10th 2023

Rohit has effectively used the Bootstrapping Using Services technique to bootstrap an AI-Powered Enterprise Security venture to mid eight figure revenues. In that process, he has turned down offers for Venture Capital. I believe, in Artificial Intelligence and Machine Learning, currently, Bootstrapping Using Services is one of the best ways to find problems to solve and build successful companies.

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Best of Bootstrapping: Bootstrapped First from Belarus

Posted on Wednesday, Aug 9th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

As you know, I love stories of entrepreneurs in different parts of the world finding success through grit and creativity. PandaDoc CEO Mikita Mikado’s story from 2017 gives us insight into what happened in Belarus, and how he navigated his way to raising money in Silicon Valley.

Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background?

Mikita Mikado: I’m from Belarus, which is a small, former Soviet Union state on the western border of Russia. I was born in 1986. That’s about the time when things went down. My journey began there. I went to a normal Belarusian school. I was a typical Belarusian kid at that time.

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Best of Bootstrapping: Bootstrapped to $30M from the Czech Republic

Posted on Tuesday, Aug 8th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

This is a wonderful story of a Czech entrepreneur, Vaclav Muchna, Co-owner and CEO of Y Soft. At age 22, at a time when his country was far from ready to support entrepreneurs, he struggled through immense odds and has built a global business. Read on for inspiration and excellent lessons from our discussion in 2017.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Vaclav Muchna: I was born in Czech Republic. I studied electronics in high school, which I didn’t like. It was not possible back then that would parlay into the software industry. Because the country was not so developed, access to technologies was limited. I really didn’t like the school. I was born and raised in Prague and then moved to Brno which is the largest city.

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