Entrepreneurs are invited to the 573rd FREE online 1Mby1M Mentoring Roundtable on Thursday, April 28, 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
In case you missed it, you can listen to the recording of this roundtable here:
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. I am sure you are following the Bootstrapping to Exit (let’s call it B2E) articles. Last time, I showed you some case studies of larger companies who are acquiring bootstrapped startups. In this post, I will double-click down on the buy-side psychology of the B2E phenomenon.
During this week’s roundtable, we had as our guest Andrus Oks, Founding Partner at Tera Ventures, based in Estonia. We had a great discussion on the Baltic and Scandinavian countries in particular. Peep As for entrepreneur pitches, today we had Elif Aydin from New York, pitching PeeP, an app for identifying street parking. Also an
Sramana Mitra: There is a tool that I use when we teach our entrepreneurs about building a sales funnel. We call it pain extraction questions. When you start discussions, you ask questions about a pain. What is your first pain extraction question? Mahendra Alladi: How often do you get bit by a production bug? How
Sramana Mitra: Do you primarily go after the large enterprises? Mahendra Alladi: Of late, we focus more on the large enterprises, but it’s a mix. Sramana Mitra: How long did it take you to a million-dollar ARR? Mahendra Alladi: Within the first year. Sramana Mitra: You continue to bootstrap?
Sramana Mitra: What was the MVP that you came up with? You had worked in that domain and created a vision for what would be the product that you wanted to go out with. You say it’s accidental, but a lot of developers transitioning to entrepreneurs encounter problems in their work life and go on
Entrepreneurs are invited to the 572nd FREE online 1Mby1M Mentoring Roundtable on Thursday, April 21, 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