Sramana Mitra: What was your revenue in 2016 when you decided to switch gears? Kristi Herold: We were doing $6.5 million in revenue. Sramana Mitra: That is substantial for a word-of-mouth business.
During this week’s roundtable, we had as our guest Stefan Batory, Co-founder and CEO of Booksy, a SaaS-enabled marketplace venture. Koi Reader As for our entrepreneur pitch today, we had Ashutosh Prasad from Dallas, Texas, pitching Koi Reader, a bootstrapped IoT company for the logistics industry. Fitness Locater We then had a conversation with entrepreneurs
Sramana Mitra: Give me the highlights of your strategy in growing this thing to that level. How long did it take you to achieve $1 million in revenue? Kristi Herold: It took me 8 years to get to $1 million in revenue. Sramana Mitra: In 1996, you started the business and then in 2004, you
Kristi Herold: I called everyone in my address book. I would also say, “If you know anyone that you think might be interested, will you send me their contact info?” I had friends faxing me their address books and then I would go through their address books and call everyone and tell them my idea.
Entrepreneurs are invited to the 529th FREE online 1Mby1M Mentoring Roundtable on Thursday, May 6, 2021, 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
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. Kristi built a thriving bootstrapped business over twenty years until Covid hit. Read how she is surviving Covid. Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you
In case you missed it, you can listen to the recording here: 528th 1Mby1M Roundtable April 29 2021: With Alok Nandan, First Rays Venture Partners
Entrepreneurs are invited to the 529th FREE online 1Mby1M Mentoring Roundtable on Thursday, May 6, 2021, 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