From Developer to Serial Entrepreneur: Michael Morris, CEO of Torc (Part 6)

Sramana Mitra: I have a slightly different kind of question. You are a developer who turned into a successful entrepreneur. You have a real insight into how a developer becomes an entrepreneur. Torc is working on the basis of equipping developers to be freelancers and blossom their careers. Given what’s going on in the world today, there is this tremendous desire for developers to be entrepreneurs. Is that something that you’re thinking about? Is that something that you want to facilitate?

Michael Morris: In our original business plan, we wanted to have a track in Torc that allows that path of going from a developer to an entrepreneur. I also want to be realistic. I think that for 9 out of 10 developers that want to go down that path, it’s not a great idea. Maybe they’re part of an entrepreneurial team. Everybody wants to be a CEO or a visionary.

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September 8 – 589th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 589th FREE online 1Mby1M Mentoring Roundtable on Thursday, September 8, 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!

Best of Bootstrapping: Bootstrapped a Virtual Company to $25M

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

I am a huge fan of virtual companies. Here is a conversation from 2019 about a virtual company built with excellent execution by a Russian entrepreneur, Percona Founder CEO Peter Zaitsev.

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?

Peter Zaitsev: I was born in what was the Soviet Union. I studied Math and Computer Science in Moscow State University. I started my first startup company while studying.

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Video FAQs

Building a Global Hardcore Financial Technology Company from Brazil: Ricardo Josua, CEO of Pismo (Part 5)

Sramana Mitra: Your core value proposition when it comes to the global market is the combination of payments and core banking?

Ricardo Josua: This is one of the main features. You have everything rolled up in a single integration. The second one was that this is not a monolithic solution. It can provide all the systems, but you can build around them. One of the pains that we try to solve was that we don’t want to be the bottleneck in the development of products from our clients. We have to make sure that we have out-of-the-box solutions if you want a basic product.

From Developer to Serial Entrepreneur: Michael Morris, CEO of Torc (Part 5)

Sramana Mitra: How big is the developer community now?

Michael Morris: It’s about 2,600 people. We’re still getting off the ground. Out of that, about 500 are vetted. These are people who have gone through our assessment process, built their profiles, linked up their GitHub accounts, and installed and started using our productivity tool.

Sramana Mitra: You have enterprise customers already?

Discount Coupons for Udemy – 1Mby1M Tech Startup Courses in September

All of our popular Udemy-1Mby1M Tech Startup Courses will be on sale through September! Learn how to put one step before the other on your entrepreneurial journey. Whether you are just starting your entrepreneurship education or interested in startups raising venture capital, we have startup strategies and mentoring advice from successful founders and investors to share with you.

These courses are available throughout the month of September for $12.99 each. Discount coupons for our most popular courses listed below will be automatically applied when you click on the courses to BUY NOW!

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588th Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 588th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, September 1, 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!

588th Roundtable for Entrepreneurs Starting in 20 Minutes: Live Tweeting by @1Mby1M

Today’s 588th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 20 minutes, on Thursday, September 1, 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!