Earlier last week, IBM (NYSE: IBM) announced its fourth quarter results that surpassed market expectations. Despite the economic uncertainty, IBM continues to build its prowess through acquisitions.
>>>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!
Over the course of several years, we have fine-tuned our proven methodology for building tech startups. We have packaged the 1Mby1M methodology into short courses on Udemy. This is an extension of our strategy to democratize entrepreneurship education at scale, globally.
Here are the $12.99 coupon codes for all of our courses on Udemy. These coupons expire on February 28, 2023, so enroll today!
Bootstrapping:
Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MFEB2023BTS
Bootstrapping a Startup with a Paycheck with Sramana Mitra: TRY1MBY1MFEB2023PAY
Bootstrapping a Startup with Services with Sramana Mitra: TRY1MBY1MFEB2023SVC
The field of customer service is getting revolutionized as AI and ML drive tremendous value out of data. SupportLogic works in the B-to-B tech sector and drives immense gains.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as to the company.
>>>If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page.
Founder CEO Katie Echeverry had a pharmaceutical sales job that she used to bootstrap with a paycheck for 5 years, before quitting to go full-time with her business, Unique Vintage. Here is her story from 2015.
Sramana Mitra: Let’s start at the very beginning of your journey. Tell us where you’re from. Where did you grow up? Where were you born and raised?
Katie Echeverry: I was born in Burbank, California. I still reside in Burbank, California. I went to school and got my Bachelor’s degree in Sociology, but I ended up in sales. When I was about 26 years old, I ended up being a pharmaceutical sales rep, which I enjoyed. What I liked about sales is the harder I worked, the more money I made. I was a natural entrepreneur, but I just didn’t know the word for it. I worked really hard but that wasn’t enough for me.
The tech industry may be preparing for worsening economic conditions, but one player seems to be above all these concerns. ServiceNow (NYSE:NOW) recently reported its fourth quarter results that continued to outpace market expectations. The company’s growth metrics were well above SaaS peers in FY22, and it is expected to maintain strong growth in the coming year. It did, however, fail to meet market expectations on the outlook.
>>>Sramana Mitra: I’m going to switch gear again to the open problems. What is your analysis of the whole gene editing and the CRISPR world? What is possible? What problems can be solved in the short, medium, and long term?
Aneesh Chopra: This is an area that will go in three directions. We’re still in R&D moving to D phase. What will we learn? The first round of applications is about cures in really low-volume but high-cost challenging areas of the healthcare sectors such as cancers. The first round of gene editing was meant to be higher cost for society to absorb on a smaller available population. We’ll see more of that unit price expense but smaller community groups for benefit.
>>>If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page.
When we spoke in 2014, Get Real Health Founder Robin Wiener had built an excellent company with large, international clients in the healthcare domain and had used the bootstrapping using services technique that we espouse in 1Mby1M.
Sramana Mitra: Let’s go to the beginning of your story. Where are you from? Where were you born and raised, and in what kind of circumstances?
Robin Wiener: I’m from Connecticut. I was born in Bristol, the home of ESPN. I went to the University of Connecticut for college. Early on, I had a major speech problem. I couldn’t really pronounce things. Along with that, I had a major learning disability. I had two sisters and a brother. The teachers told my parents that I just wasn’t as smart as my brothers and sisters. Maybe I could get married and that would be a good thing for me to do.