
Entrepreneurs are invited to the 594th FREE online 1Mby1M Mentoring Roundtable on Thursday, October 20, 2022, 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!
Greg Murphy: What’s interesting is what organizations want. When they think about a managed service provider, they love to have one provider across their entire organization so that they won’t have a provider for one class of IoT devices and another provider for managed devices. In the next four or five years, we’re going to see more end-to-end offerings coming to market.
Sramana Mitra: That’s what I was thinking when you said that some of the IoT vendors are starting to provide managed security services. It would be better if they plug into a managed service provider’s portfolio.
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If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Stephanie Leffler, CEO of OneSpace, had bootstrapped her first company to $20 million in revenue from St. Louis when we spoke in 2016. Her second company, also from St. Louis, was venture-funded and had crossed $10 million in revenue. Awesome entrepreneur, inspiring woman! You can also listen to our conversation as a podcast here.
Sramana Mitra: Let’s start with the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Stephanie Leffler: I am from Northern Virginia in Fairfax. I was actually born and raised there. Ultimately, I went to school at Washington and Lee University. I found my way to St. Louis as part of my entrepreneurial journey. I’ve lived here ever since.

During this week’s roundtable, we had as our guest Giuseppe Donvito, Partner at P101 Ventures based in Milan. It was a wonderful conversation on Italian startups.
You can listen to the recording of this roundtable here:
Sramana Mitra: Those examples that you gave of a B2C venture out of India that is doing global business, how common is that across your portfolio?
Anirudh Damani: One out of five businesses on the B2C side is either looking overseas or getting inbound interest from overseas.
Sramana Mitra: Is that primarily in EdTech? Is there a category trend?
>>>Sramana Mitra: What is the size of the IoT device market right now? How many IoT devices are out there? How much of that is secured?
Greg Murphy: It’s everything from a small sensor that costs a few cents all the way up to multi-million dollar manufacturing systems and medical systems. The number of medical IoT devices is growing by 22% year over year. The number of IoT devices greatly outnumbers the number of people on the planet. The question about these devices is how vulnerable they are. That depends a lot on what the device is, where is it connected and whether any compensating controls are put in place.
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If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Affiliate Marketing is at the heart of many wonderful bootstrapping stories. It’s inexpensive to get going and profitable quickly, and if managed well, can scale substantially. Zeeto Founder CEO Stephan Goss had bootstrapped a traffic arbitrage business to $42 million in 2015 revenue when we spoke in 2016. If you are working on an affiliate marketing / lead generation type of business, this is a useful conversation.
You can listen to our entire interview [2:10 – 33:50] from our 1Mby1M YouTube channel:
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?
Stephan Goss: I was born in Switzerland, pretty close to Zurich. I came to the US in 2007.
Today’s 593rd FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, October 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!