Thursday, January 7 – 514th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 514th FREE online 1Mby1M Mentoring Roundtable on Thursday, January 7, 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

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Bootstrapping Using Services, Managing a Successful Pivot: Oomnitza CEO Arthur Lozinski (Part 1)

Arthur talks about an excellent pivot that is quite enlightening. 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 have?

Bootstrapping a Technology Product Company from India: Sachin Bhatia, Founder of Ameyo (Part 6)

Sramana Mitra: I think the obsession in the US is misplaced. The methodology that we teach is to find the gap. Where is the gap where you can cost-effectively sell and have a good customer acquisition and not mindlessly chase after the US? Sachin Bhatia: One should not believe that success in one market means

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Bootstrapping a Technology Product Company from India: Sachin Bhatia, Founder of Ameyo (Part 5)

Sramana Mitra: The thing that strikes me from a methodology point of view is that you didn’t validate the second business. You had validated the first business that was scaling, but you didn’t validate the second business, but you tried to grow it. Sachin Bhatia: Yes, it was too fast. I knew that the product

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Bootstrapping a Technology Product Company from India: Sachin Bhatia, Founder of Ameyo (Part 4)

Sramana Mitra: What was the average deal size in the enterprise product?  Sachin Bhatia: At the time, it was around $25,000 to $50,000. Today, It’s a much different story. We have micro-segments, large segments, and extra-large segments. The deal size now is from $50,000 to $250,000. Our typical model was after you enter, there’s a

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Bootstrapping a Technology Product Company from India: Sachin Bhatia, Founder of Ameyo (Part 3)

Sramana Mitra: Now we are in 2006. What happens next? Sachin Bhatia: We went to the Philippines in 2006. By 2017, the Philippines was a repeatable market for us. We hired a local team there. Things were going well and we were growing. For the first time, we met with industry leaders. I remember having

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Bootstrapping a Technology Product Company from India: Sachin Bhatia, Founder of Ameyo (Part 2)

Sramana Mitra: Who was the first customer who validated the contact center idea. Sachin Bhatia: She used to run a BPO in New Delhi. She is a very good friend now. I remember my meeting with my three colleagues. We were trying to decide who was going to pick up sales. I was chosen to

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Bootstrapping a Technology Product Company from India: Sachin Bhatia, Founder of Ameyo (Part 1)

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Some of us have worked relentlessly for decades to bring about the change in India from a largely services-driven technology industry to one that today produces credible products sold all over the world. Ameyo is one of the early examples of this shift, and Sachin, an

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