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Best of Bootstrapping: Capital Efficient Entrepreneurs Turned $1M into $80M

Posted on Monday, Jul 11th 2022

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

Motili CEO Jeff Wilkins and his co-founder had turned $1 million of personal investment into $80 million in revenue. Pretty capital-efficient, this entrepreneur’s journey! Motili was acquired by Daikin/Goodman in 2019.

Sramana Mitra: Let’s start with where your story begins. Where are you from? Where were you born, raised, and in what kind of background?

Jeff Wilkins: I grew on the East Coast. I was born in Bethesda, Maryland, outside of Washington DC, and moved around a lot as a kid. I spend time in Maryland, North Carolina, Texas, Oklahoma, and Pennsylvania.

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Bootstrapping Using Services and Piggybacking from Australia: StoreConnect CEO Mikel Lindsaar (Part 1)

Posted on Monday, Jul 11th 2022

Mikel has built a services company in Australia and spawned six SaaS products out of it. One of them, StoreConnect, is a terrific Bootstrapping by Piggybacking story on top of Salesforce.com. He has exited four of the apps and expects to grow StoreConnect to $100M+ in revenue.

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?

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Dutch Student Entrepreneurs Building a Large Scale EdTech Marketplace: StuDocu CEO Marnix Broer (Part 1)

Posted on Monday, Jul 11th 2022

We’ve done a lot of EdTech case studies and also a lot of 2-sided Marketplace Case Studies.
Here’s one from The Netherlands that compares/competes with Course Hero and Quizlet. Terrific story!

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?

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Catching Up On Readings: Global Funding 2022

Posted on Sunday, Jul 10th 2022

This report from Crunchbase News analyzes the global funding trends in 2022. While late-stage and technology-growth investing have been most severely impacted, seed funding remains surprisingly robust. For this week’s posts, click on the paragraph links.

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580th 1Mby1M Entrepreneurship Podcast with Anup Jain, Orios Venture Partners

Posted on Sunday, Jul 10th 2022

Anup Jain, Managing Partner at Orios Venture Partners, discusses the Indian startup ecosystem and its trends and nuances.

582nd 1Mby1M Entrepreneurship Podcast with Cameron Kramlich, Angelneers

Posted on Sunday, Jul 10th 2022

Cameron Kramlich, General Partner at Angelneers, offers a rare perspective in support of solo entrepreneurs.

From Solo Developer to Venture Scale Entrepreneur: Jordan Boesch, CEO of 7shifts (Part 5)

Posted on Sunday, Jul 10th 2022

Sramana Mitra: Did you just do more of the same for the next few years?

Jordan Boesch: Yes. There were some interesting moments. We hit about 30 people. You start to feel these inflection points where things start to get rocky. It’s a lack of process for things. As a startup, you thrive off of not having processes.

As we grew, I could feel that starting to happen at 30 people. We brought in a consultant to help us in putting in some lightweight frameworks to help guide the business. That was helpful for us. When we hit 50 people, we had almost a full-time facilitator that was part of our team that was doing planning with us and helping with some lightweight frameworks.

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582nd Roundtable Recording on June 30, 2022

Posted on Sunday, Jul 10th 2022

In case you missed it, you can listen to the recording of this roundtable here: