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Digital Nomad Building a $5M+ E-Commerce Business: IntelligentLabs CEO Rus Hughes (Part 2)

Posted on Thursday, Apr 13th 2023

Sramana Mitra: Who was this business partner? How did you become business partners?

Rus Hughes: I knew him when I was living in Brighton. He discovered a business model of how to market products online. He wasn’t sure what product to market. Given that we were both into health and fitness, we thought we’d start a supplement brand to launch supplements for athletes and weightlifters.

Sramana Mitra: What happens next? What form does this take?

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604th Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Posted on Thursday, Apr 13th 2023

Today’s 604th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, April 13, 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!

Best of Bootstrapping: Solopreneur Bootstrapped a Niche E-commerce Venture to $12M

Posted on Wednesday, Apr 12th 2023

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

It is very difficult to find gaps in e-commerce these days. Sawyer Twain Founder Chris Turner found one and executed the hell out of it.

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?

Chris Turner: I was born and raised in Phoenix, Arizona. I graduated from Arizona State University back in 2004.

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Digital Nomad Building a $5M+ E-Commerce Business: IntelligentLabs CEO Rus Hughes (Part 1)

Posted on Wednesday, Apr 12th 2023

Rus lives the life of a digital nomad. He started life as a techie, and with a very small team and a cofounder, has built a $5M+ niche e-commerce business selling supplements. Excellent story full of lessons and nuances.

Sramana Mitra: Let’s start at the very beginning of your journey. Tell me about where you grew up. What is the beginning of the story?

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Entrepreneurship in the Age of Artificial Intelligence and Machine Learning

Posted on Tuesday, Apr 11th 2023

There are over six million students enrolled in Machine Learning courses on Udemy. The most daring will try to start their own businesses.

For these learners, we continue to introduce Udemy courses based on the 1Mby1M methodology that will assist budding entrepreneurs in creating a pragmatic strategy.

I believe, strongly, that entrepreneurship and entrepreneurial capitalism can be democratized, and wealth can be created in the middle of the pyramid using capitalistic principles. In the next 2-3 decades, the potential for distributed capitalism is very high and the outcome should be extremely positive around the world. That is the mission upon which my current work with One Million by One Million is based.

Artificial IntelligenceBig Data and Machine Learning are going to be at the forefront of this immense burst of energy.

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Best of Bootstrapping: Bootstrapped to $3M a Month

Posted on Tuesday, Apr 11th 2023

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

Prequel Co-founder CEO Timur Khabirov has bootstrapped a digital app to $3M a month. Read on to learn how.

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

Timur Khabirov: I was born in Uzbekistan during the Soviet Union era. When I was 15, me, my mom, and my father-in-law moved to Russia. I lived there for 10 years. I started as an entrepreneur there but not in IT. I got my education there. Then I moved to the United States in California. When the financial crisis started, I moved to New York. Now I’m in New York.

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Thursday, April 13 – 604th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Tuesday, Apr 11th 2023

Entrepreneurs are invited to the 604th FREE online 1Mby1M Mentoring Roundtable on Thursday, April 13, 2023, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 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!

Best of Bootstrapping: Bootstrapped a FinTech Startup by Piggybacking with Services

Posted on Monday, Apr 10th 2023

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

Quavo Co-founder David Chmielewski transitioned from a developer to an entrepreneur by leveraging his solid domain knowledge in a particular area of FinTech: dispute resolution for credit card transactions. He and his co-founders effectively used bootstrapping using services and piggybacked on the Pega Systems platform. Read on to learn more about his journey.

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 Chmielewski: I was born in Michigan in a small tourism-driven town. They have good schools but generally not a tremendous amount of job opportunities if you wanted to do something in technology. I was one of the lucky people who always knew what I wanted to do. I was exposed to computers pretty early.

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