Colors: Cliffs IV

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 – Cliffs IV

Cliffs IV | Sramana Mitra, 2020 | Watercolor | 9  x 12, On Paper

Featured Videos

Colors: Cliffs III

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 – Cliffs III

Cliffs III | Sramana Mitra, 2020 | Watercolor | 9  x 12, On Paper

Validating B-to-C Business Ideas and Building to $40M Run Rate: Shaunak Amin, CEO of SnackMagic (Part 5)

Sramana Mitra: What happened in 2020 when the pandemic hit?

Shaunak Amin: At that time, we had two hubs. We had plans to open up five more. Then in March, nobody was in office. That business went to zero overnight. It was unfortunate. I remember it was the second week of March. We said we are going to take a pause. We all went home. We were thinking we’ll come back in a few weeks. By the second week, we realized that this is going to be longer.

Video FAQs

From Teen Student Entrepreneur in Australia to a Mature Global E-commerce Entrepreneur: Mike Rosenbaum, CEO of Spacer (Part 3)

Sramana Mitra: What about customer acquisition? When you’re selling on eBay, eBay provides the foot traffic.

Mike Rosenbaum: It was the early days of e-commerce. There was a much smaller number of people shopping online. We had built this large database off eBay which we used to sell direct. We would send emails to them. Initially it was one email a week. Then it was two. Eventually it became one a day.

November 18 – 554th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 554thd FREE online 1Mby1M Mentoring Roundtable on Thursday, November 18, 2021, 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!

Validating B-to-C Business Ideas and Building to $40M Run Rate: Shaunak Amin, CEO of SnackMagic (Part 4)

Sramana Mitra: Customer acquisition was all Facebook ads?

Shaunak Amin: Initially it was. We built the waitlist using Facebook ads. Then when we launched, the whole idea of group ordering means that there’s some virality in the product itself. We had this concept where one person could share a link. Those other people could become customers. Just to remind you, it was still centered around dinner at that time. There was no lunch. We launched, but the business wasn’t growing the way I’d like. It didn’t make sense for me.

IPOs 2021: SentinelOne Targets $40 Billion Market Opportunity

The global cyber security industry is expected to grow at 9.7% CAGR to reach $345.4 billion by 2026. Newly public Mountain View-based SentinelOne (NYSE:S) is expanding its partnerships and product offerings to grow its reach in the market.

From Teen Student Entrepreneur in Australia to a Mature Global E-commerce Entrepreneur: Mike Rosenbaum, CEO of Spacer (Part 2)

Sramana Mitra: What was your business model? They gave you inventory on consignment and you sold it on eBay. What percentage did you take?

Mike Rosenbaum: I think it was about 15%. We’re talking about high-value goods. Our average item was a couple of thousand dollars. 

Sramana Mitra: It was a substantial transaction size. You said you grew that to about $20 million in four years.