I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Wilderness II
Wilderness II | Sramana Mitra, 2022 | Watercolor, Ink | 9 x 12, On Paper
Sramana Mitra: I assume that since it was a services company, you were able to bootstrap it, right?
Lance Newhauser: Yes, it was a service company that we initially bootstrapped. We did bring on one investor who put a few thousand dollars into the company so that we could go get some office space and work in the same area. But this was very much a bootstrapped, service-oriented organization. Over time, we incorporated technology to offer differentiated services and improve operational efficiency, enabling us to stay price-competitive. But we’re very much a bootstrapped service business, no doubt.
Sramana Mitra: Now, how did this company that spent $50 million on a campaign find you?
>>>I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Wilderness I
Wilderness I | Sramana Mitra, 2022 | Watercolor, Ink | 9 x 12, On Paper
Lance bootstrapped his first company to an exit. He venture funded his second company and exited after 10 years. He is about to launch his third. Read on, great story.
>>>Entrepreneurs are invited to the 662nd FREE online 1Mby1M Mentoring Roundtable on Thursday, November 7, 2024, at 8 a.m. PST / 11 a.m. EST / 5 p.m. CET / 9:30 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!
You can listen to the recording of this roundtable here:
During this week’s roundtable, we worked on a healthcare case study.
Hybrid CPM
We had Avinash Magdum from Pune, India pitch MobiCo CPM, and discussed his pre-seed financing strategy.
You can listen to the recording of this roundtable here:
Alphabet aka Google (Nasdaq: GOOG) recently reported stronger than expected results for its third quarter driven by the strong momentum in its cloud business.
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