591st Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Today’s 591st FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, September 22, 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!

Featured Videos

Best of Bootstrapping: Founder Bootstrapped to Over $35M

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

In these unusual times, many who once dreamed of funding are forced to bootstrap. Well, bootstrapping is good during good times, and necessary during bad times. Here, BannerBuzz Founder and CEO Nishant Shah shares how he bootstrapped to over $35 million in 2019 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?

Nishant Shah: I was born and raised in Ahmedabad, India. I studied civil engineering at the university, and then went on to do my masters in construction management from Georgia Tech in Atlanta.

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1Mby1M Virtual Accelerator Investor Forum: With Dheeraj Pandey, Founder of Nutanix (Part 4)

Sramana Mitra: Name the companies that are very expensive to use but address the problems you’re talking about.

Dheeraj Pandey: SQL-based data warehouses. Snowflake did an amazing job in the last 10 years to make it more accessible. Data was still locked in a few people’s bureaucracies. I helped create some of those back at Oracle, but we created big systems. These were hardware-based systems that had the traditional Oracle software. Not many people had access to it. They’re not elastic.

Video FAQs

Bootstrapping a FinTech Startup by Piggybacking with Services: Quavo Co-Founder David Chmielewski (Part 4)

Sramana Mitra: You knew the specs of what needed to be built. That kind of domain knowledge is invaluable.

David Chmielewski: Right. We knew what we wanted to build. We already built it. Our flagship product is a dispute system. At BoA, I had already built three of them. We didn’t have a single line of code, but I knew what we had done and I knew how to make it better. I know First Tech saw that. We were all confident that we could do this.

September Coupons for Udemy Courses Based on 1Mby1M Methodology

Over the years, we have developed a proven methodology for building tech startups. We have started packaging 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 September 30, 2022, so enroll today!

Bootstrapping:

Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MSEP2022BTS

Bootstrapping a Startup with a Paycheck with Sramana Mitra: TRY1MBY1MSEP2022PAY

Bootstrapping a Startup with Services with Sramana Mitra: TRY1MBY1MSEP2022SVC

How to Bootstrap Startups by Piggybacking with Sramana Mitra: TRY1MBY1MSEP2022PIG

How to Bootstrap a Startup to Exit with Sramana Mitra: TRY1MBY1MSEP2022EXT

How To Succeed As A Solo Entrepreneur with Sramana Mitra: TRY1MBY1MSEP2022SOL

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1Mby1M Virtual Accelerator Investor Forum: With Dheeraj Pandey, Founder of Nutanix (Part 3)

Sramana Mitra: Wearables is a very interesting industry that is going to be entirely design-driven. What about on the IT side whether it’s a healthcare IT or software-driven solution? What have you invested in that is interesting?

Dheeraj Pandey: We’ve done a late-stage investment in a healthcare analytics company. They’re trying to surround Epic, which is, kind of, the mainframe of healthcare. It’s a very interesting play because they’re not going directly after the “mainframe”.

Bootstrapping a FinTech Startup by Piggybacking with Services: Quavo Co-Founder David Chmielewski (Part 3)

David Chmielewski: We established Quavo as a virtual company. We used most of the methodology that we learned at BoA. How do you run a remote company? We all decided to leave our positions and start the company.

We knew our platform like what we wanted to build on. We had a general idea of what we wanted to do. We wanted to work in financial services. We wanted to build products. We wanted them to be repeatable from one financial institution to another. It was very difficult to bootstrap from that.

Best of Bootstrapping: Bootstrapped to Over $20M and Exit

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

We’re big fans of bootstrapping to exit case studies. Imagine Easy Solutions’ Co-founder and Co-CEO Neal Taparia shares his wonderful journey. They scaled the business to over $20 million in revenue without investment and sold to Chegg in 2016.

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?

Neal Taparia: I was born in the suburbs of Chicago. My parents were immigrants from India. I’m first-generation in the United States. I did my undergraduate education in Chicago. After that, I settled down in New York where I’ve been ever since. 

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