Today’s 625th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, November 9, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page.
RainmakerForce CRO Mack Sundaram had built a successful business optimized for autonomy and profitability when we spoke in 2018. Excellent navigation!
Sramana Mitra: Let’s go to the very beginning of your journey. Tell us where you’re from. Where did you grow up? Where were you born and raised?
Mack Sundaram: I was born in South India in a village near Chennai. I spent some time of my childhood in Chennai and Pondicherry. I later went to school in New Delhi. Since then, I moved over to the United States where I had an opportunity to pursue a doctoral degree in Economics. That’s where the transition happened.
Today’s 625th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, November 9, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Sramana Mitra: What was the idea that you zeroed in on? What was the process?
Swapnil Jain: It was a pretty long process that lasted two years. Towards the last two days of my job, I started formalizing some ideas. More often than not, you pivot. I started with one idea. I had eight different ideas during that period. I’d test and idea; if it’s working, keep moving forward. If not, then pull back.
>>>Swapnil makes a very clear distinction between his goal of becoming a Centaur ($100M+ revenue company), not a Unicorn ($1B+ valuation). Read on to learn about his journey.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born and raised? What kind of background?
>>>If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page.
Funding = Success, right? I wish it did. But entrepreneurial tracks are littered with carcasses of dead startups that were very well funded, some to the tune of hundreds of millions. As a case in point, watch this 2 minutes 31 second video: Death By Overfunding.
If you prefer to read instead of watching, read the Nasty Gal story here:
Alphabet aka Google (Nasdaq: GOOG) recently reported its third quarter results that surpassed market expectations. Like Meta, Google is also benefiting from a rebound in digital advertising spend. Despite the growth, the market was not too pleased with the outlook that the company provided, sending its stock falling 7% in the extended trading session.
>>>If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page.
When we spoke in 2018, SmartBuyGlasses Co-CEO David Menning had bootstrapped a global e-commerce venture from Hong Kong to $50M. Splendid execution!
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?
David Menning: I grew up in Sydney. I’ve been educated in Australia. In my later years, I studied at universities overseas both in Canada and Japan for a little while. It was this time when I was abroad spending time in different countries that I was exposed to different business models, cultures, and people.