I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Skye II
Skye II | Sramana Mitra, 2021 | Watercolor, Pastel, Brush Pen | 8 x 8, On Paper
Sramana Mitra: Do you have a bunch of customers who are using you across three of your use cases?
Dorian Selz: Across two and, in one case, across three use cases.
Sramana Mitra: That’s all in financial services?
Dorian Selz: Predominantly in financial services.
>>>In case you missed it, you can listen to the recording of this roundtable here:
Entrepreneurs are invited to the 598th FREE online 1Mby1M Mentoring Roundtable on Thursday, January 19, 2023, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST.
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During this week’s roundtable, we had four presentations spanning a variety of projects.
Art of Headshots
We first had Carlos Taylhardat from Vancouver, Canada, pitch Art of Headshots, a business already in some revenue, and therefore validated. Carlos will need to assess whether he can and wants to raise funding for it.
Jamuun
Next, we had Vitrag Vasa from Maharashtra, Inda, pitch Jamuun, also a business already in revenue. Vitrag needs to assess the unit economics and capital needs to build the business to scale.
Educational Social App
Then we had Naanma Hilary from Nigeria pitch an educational social app that needs extensive competitive analysis.
Mando
From Nairobi, Kenya, we had Michael Sayo pitch Mando, a social enterprise that needs to assess how to become a for-profit venture.
You can listen to the recording of this roundtable here:
If you haven’t already, please study our Udemy courses, free Bootstrapping course and the Investor Introductions page.
As always, I would very much like to hear about your business, so let me invite you to come and pitch at one of our free 1Mby1M public roundtables. We will be holding future roundtables on:
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If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Faisal Husain, CEO of Synechron, is one of those rare entrepreneurs who managed to grow his business with no outside financing to significant scale. We discussed his journey in 2015.
Sramana Mitra: Let’s go to the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of background?
Faisal Husain: My roots are from India, but I was actually born in West Africa in Nigeria. My parents had moved from India to Nigeria in search of jobs and they were in the education field. My father was a principal and my mother was a math teacher. While they were doing their jobs and building their careers in Nigeria, I was born there. I lived in Nigeria for 13 years. At that point, my parents decided to move back home to India. I was then home schooled for about three or four years, and then came to the United States.
Adobe (NASDAQ: ADBE) recently reported its quarterly results that outpaced market expectations. The company continues to drive product innovations especially within its creative cloud segment to drive growth.
>>>Sramana Mitra: I am going to ask you a couple of questions from the point of view of how you built this business. How do you scope the sizing of the market? How big is the TAM in financial services?
Dorian Selz: I do not have a single number to give to you. Whoever you ask gives you a different TAM perspective.
Sramana Mitra: Let me put it in the way we frame it. We look at average deal size and then multiply that by how many customers are out there. If you were to own 100% of the market, how many of these deals are you going to be selling?
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