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From Solo Techie Entrepreneur to High Growth, Profitable Enterprise AI Success Story: Findability Sciences CEO Anand Mahurkar (Part 4)

Posted on Thursday, Jun 23rd 2022

Sramana Mitra: Fantastic. In all the different use cases that you have applied Findability, what are some of the most powerful use cases that warrant productization as solutions?

Anand Mahurkar: Post-pandemic, we are seeing self-reliance on multiple business processes. One is the supply chain because of the disruption in the market by the pandemic. We have built an AI best practice framework called CUPP – Collection, Unification, Processing, and Presentation. Unfortunately, all the AI companies just focus on the processing part. The collection and unification of the data are very powerful.

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580th Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Posted on Thursday, Jun 23rd 2022

Today’s 580th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, June 23, 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!

580th Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Posted on Thursday, Jun 23rd 2022

Today’s 580th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, June 23, 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!

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Building a Cutting Edge Drone Technology Company: Tom Walker, CEO of DroneUp (Part 4)

Posted on Thursday, Jun 23rd 2022

Sramana Mitra: Where are you revenue-wise? $20 million?

Tom Walker: We’ll do more than that this year. To put it in perspective, we were 12 full-time people in January of 2021. Now we have 25,000 drone operators. We are 205 full-time employees. By the end of this year, we’ll be at a little over 650.

Sramana Mitra: My next question is business structuring. This is hypergrowth. What kind of a business are you building? How much of your business is software products? How much of it is services? How much of it is human services?

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Thursday, June 23 – 580th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Wednesday, Jun 22nd 2022

Entrepreneurs are invited to the 580th FREE online 1Mby1M Mentoring Roundtable on Thursday, June 23, 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 Ultra Mobile to Over $100 Million

Posted on Wednesday, Jun 22nd 2022

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

I have long believed that Go BIG or Go HOME is complete BS. I have seen entrepreneur after entrepreneur build a small but profitable, slower growth business as a first outing, followed by a much larger, higher growth business as a follow-on venture. When we spoke in 2017, Ultra Mobile Co-founder Rizwan Kassim had done exactly that.

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?

Rizwan Kassim: My mom is from East Africa. My father was born in Karachi. They both came here in the 70’s. I was born in Simi Valley, California, and lived there for about a decade and then moved up to Victorville. I went to UCLA.

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From Solo Techie Entrepreneur to High Growth, Profitable Enterprise AI Success Story: Findability Sciences CEO Anand Mahurkar (Part 3)

Posted on Wednesday, Jun 22nd 2022

Sramana Mitra: What year did you get funding?

Anand Mahurkar: Late 2017.

Sramana Mitra: This was after how long from founding?

Anand Mahurkar: About six years.

Sramana Mitra: You had substantial revenue already?

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Building a Cutting Edge Drone Technology Company: Tom Walker, CEO of DroneUp (Part 3)

Posted on Wednesday, Jun 22nd 2022

Sramana Mitra: Did you learn that there was this segment that has this need in the shipping segment?

Tom Walker: Port and port security. The problem at that time was there were so many industries that we knew could use it. I’ll give you an example from the insurance industry. A storm comes through an area and they’re sending inspectors to walk around and assess the damage. We knew that we could put a drone out and capture all of this in high resolution. We just knew the insurance industry was going to embrace us.

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