Best of Bootstrapping: Bootstrapped Using a Paycheck to Exit

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

Bootstrapping using a paycheck is still a real trend. Here’s the case study of Axosoft shared by Founder Hamid Shojaee in 2014. The company was purchased in 2020 by Resurgens Technology Partners.

Sramana Mitra: Hamid, tell us a bit about yourself. Where were you born and raised and in what kind of background?

Hamid Shojaee: I was born and raised in Iran. I was 10 years old when we moved to the United States.

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From Developer to Cyber Security Entrepreneur with $10M Revenue and $18M Funding: LoginRadius CEO Deepak Gupta (Part 2)

Sramana Mitra: What did you get done in those few months when you still had the job?

Deepak Gupta: At the beginning, there was a little hesitation whether the product was going to work. As soon as we launched, we started getting customers. Customers started asking questions. In those few months, I saw that there is a big need for this product.

Best of Bootstrapping: Bootstrapping a Big Data Company Using Services to Exit

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

We maintain that one of the best ways to identify complex problems worth solving inside enterprises is by offering services to them, thereby gaining exposure to the domain. DataSong is yet another case in point. After I spoke with Founder John Wallace, DataSong was acquired by MarketShare in 2015.

Sramana Mitra: Let’s start at the beginning. Where are you from? What kind of a backstory leads up to the entrepreneurial story?

John Wallace: I grew up in the South from a pretty modest background.

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Thursday, February 9 – 599th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 599th FREE online 1Mby1M Mentoring Roundtable on Thursday, February 9, 2023, 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 can register to “attend” to watch, learn, and interact through the online chat.

You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome!

From Developer to Cyber Security Entrepreneur with $10M Revenue and $18M Funding: LoginRadius CEO Deepak Gupta (Part 1)

Deepak tells a textbook story of a developer turned entrepreneur. He and his cofounder started by bootstrapping with a paycheck, validated the hypothesis, and then quit their jobs. We love stories like this, as you know.

Sramana Mitra: Tell me where you’re from, born, raised. What kind of background?

11 Udemy Courses for Laid-off Techies to Launch Startups

When life throws you a curveball, like an unexpected job loss, it can be disheartening. Yet this could also present the opportunity to start your own business.

Rather than searching for another employer, why not pursue something that you have always been passionate about?

Michelle Munson is the CEO of Aspera, a company she began after being laid off. Aspera was her realization that she could not only control her own career path but also create jobs for other people in a culture she had established. Read Michelle’s story here and see if you get inspired. 

Need more motivation?

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Cloud Stocks: Google Flexes its AI Muscle to Take on ChatGPT

Alphabet (Google) (Nasdaq: GOOG) recently reported its fourth-quarter results that failed to impress the market. Like other tech players, Google too is bracing for economic uncertainty while preparing to take on the growing power of ChatGPT.

Thought Leaders in Big Data: SupportLogic CEO Krishna Raj Raja (Part 4)

Sramana Mitra: One thing you didn’t mention is, the channels through which customers interact with an enterprise have expanded. Each of those has become a source of data. Any kind of messenger chat has become a source of data. People are touching the enterprise through many channels. Each of them is generating data. It gives AI a lot more ammunition.

Krishna Raj Raja: The omnichannel made AI more complex as opposed to simplifying it.