Sramana Mitra: I think I’ve got the story. Is there anything that I should have asked you that I did not? David Schnurman: I think the part that we didn’t talk about is the part where I realize that the most important thing is the mindset. One of the things that has been amazing for
Sramana Mitra: What was the customer acquisition strategy on each track? Griffin Thall: For B2C, we would pass out bracelets to people in college campuses. We would go to street fairs. We would do anything that we could that was the grassroots to grow in marketing.
Sramana Mitra: How many people are there now? David Schnurman: About 25 or so. We have partners, but we try to keep everything that is core to ourselves and then outsource everything else. We have many agencies that we work with from a marketing standpoint to manage AdWords and rebranding.
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Griffin and his partner have turned an investment of $200 into a $130M company. Amazing execution! 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?
Entrepreneurs are invited to the 512th FREE online 1Mby1M Mentoring Roundtable on Thursday, December 10, 2020, 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
Sramana Mitra: When did you introduce the subscription revenue model? David Schnurman: We introduced it several times, but the time that we got it right was four years ago in 2016. Sramana Mitra: At that point, you were in that transaction revenue model? Were you still in that $5 million range?
During this week’s roundtable, we had as our guest Fabrice Grinda, Founding Partner at FJ Labs, who discussed his firm’s investment thesis around marketplaces. We then went on to discuss one of my startup ideas from 8 Startup Ideas for the Post COVID World that has generated a lot of interest: Startup Idea for the
Today’s 511th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, December 3, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click here to join. PASSWORD: startup All are welcome!