Today’s 578th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, June 9, 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!
Sramana Mitra: It’s great to hear about all these activities. We have seen many ecosystems come up through our work. We try to cover a lot of these companies. Utah is a very good example. They’re a bit ahead of you, because they’ve had sizable exits. That has created angels and seed money. Ohio probably has better bridges with New York than with Silicon Valley.
Also now, things have changed in Silicon Valley. As you know, people used to only want to invest in local companies. That is not the case now. Investors are happy to invest in companies as long as the business models are proven and are venture-scale business models. The globalization of entrepreneurship is in full swing right now. It’s wonderful.
>>>Sramana Mitra: Did you follow the same strategy in the second year?
Britt Baker: Exactly.
Sramana Mitra: Very interesting. It doesn’t sound like you need to make any change. You just keep executing and put more money into Facebook. Is that correct?
Britt Baker: That works well until your Facebook ad account gets shut down. Sometimes they’ll just do this to businesses. They did this in January of 2021.
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If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Love and startups go hand in hand for AdCellerant Co-founders Brock Berry and Shelby Carlson, who are helping media companies generate seven-figure revenue streams. Here is our conversation from 2017.
Sramana Mitra: Whoever wants to start, let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background?
Brock Berry: Thanks for having us. I’m the Founder and CEO of AdCellerant. I’m from Indiana where I grew up and spent the first 23 years of my life before I was compelled to move to Colorado where the weather is a little friendlier and there were a few more work opportunities.
Sramana Mitra: You said earlier that your preferred funding round is Series A where you put in a million or so in that round. In some cases, you do some seed investment. Could you talk about how Ohio entrepreneurs are getting to Series A? Is there a seed ecosystem that is supporting or is there more of a bootstrapping tendency or bootstrapping culture that is going straight to Series A?
>>>Sramana Mitra: Is this a rolling program?
Britt Baker: People can join anytime. We took on a handful of people in March from another Facebook post. Then we really decided to take more people in April which is when we started advertising.
Sramana Mitra: What kind of advertising did you do?
Britt Baker: We advertised on Facebook and Instagram.
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If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Vainu.io Co-founder Mikko Honkanen has steadily built an excellent SaaS company from Finland and when we spoke in 2017, was expanding into the US as well. Read on for more.
Sramana Mitra: Let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised, and in what kind of background?
Mikko Honkanen: I was born in a small town in Finland, 20 miles up north from Helsinki. I studied at Helsinki School of Economics. I also studied at Oxford. Then I spent the last 10 years in the SaaS business. I spent almost seven years at a Norwegian company called Meltwater.

Entrepreneurs are invited to the 578th FREE online 1Mby1M Mentoring Roundtable on Thursday, June 9, 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!