Ben Hodson: What we realized is that customers coming to us were for customization and choice. Because we’d built the software to be so customizable with all these integrations, we now had a full product solution that we could start scaling. We saw tremendous growth in 2018. We did over 100% in our growth. In
Entrepreneurs are invited to the 540th FREE online 1Mby1M Mentoring Roundtable on Thursday, July 29, 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
Ben Hodson: By the end of 2013, we were in a position where these guys would say, “Hey, we would pay for this. This is better than a lot of stuff out in the market.” We decided to take the money that we earned on our latest project RepeatSys. We had about $50,000 each. We
Sramana Mitra: What period of time did you do that mode of existence of doing consulting to pay down your debt? Ben Hodson: That was from about 2008 to 2012. During that time, I started a bunch of smaller companies that tried different things, but I made most of my money off of consulting. None
In case you missed it, you can listen to the recording of this roundtable here: 539th 1Mby1M Mentoring Roundtable with Geoff Ralston, Y Combinator
Sramana Mitra: Let’s go back to the 2004 timeframe when you were leaving this company. When you left, what did you do? Ben Hodson: I had the entrepreneur bug. I was saying, “Oh my gosh, I really want to do another company, but I need to find a problem that I believe in and care
Sramana Mitra: Did you get the funding first before building the product or vice versa? Ben Hodson: We built the product for the funding. It would not have gotten the funding if it weren’t for the product and the first customer. We had been raising money for a year and a half. I have probably
Entrepreneurs are invited to the 540th FREE online 1Mby1M Mentoring Roundtable on Thursday, July 29, 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