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Bootstrapping a Two-Sided Marketplace to $10M: Sal Akbani, CEO of Gateway Classic Cars (Part 3)

Posted on Wednesday, May 10th

Sramana Mitra: Your site operates as a two-sided marketplace except you store the inventory. Sal Akbani: Yes, and we have currently 14 plus 1. Sramana Mitra: What does that mean? Sal Akbani: We have 14 active ones [warehouses] and we have one more coming up in Denver on June. We’re currently also working in Scottsdale

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Capital Efficient Entrepreneurship: Bonanza Co-Founder Mark Dorsey (Part 2)

Posted on Tuesday, May 9th

Sramana Mitra: What year did Bill start coding the product? Mark Dorsey: That was in 2007. He started building Bonanza from the ground up. At that time, there were a lot of eBay alternatives. The opportunities were obvious. There were a lot of programs that allowed you to create an e-commerce marketplace by just filling

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Thursday, May 11 – 352nd 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Monday, May 8th

Entrepreneurs are invited to the 352nd FREE online 1Mby1M mentoring roundtable on Thursday, May 11, 2017, at 8 a.m. PDT/11 a.m. EDT/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 can register

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Capital Efficient Entrepreneurship: Bonanza Co-Founder Mark Dorsey (Part 1)

Posted on Monday, May 8th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Bonanza has scaled to over $75 million in revenue with just $1 million in funding. It was bootstrapped for several years before a penny of external financing was raised. Amazingly crisp execution. A must-read story of how a two-sided marketplace was masterfully seeded and scaled. Sramana

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Bootstrapping a Two-Sided Marketplace to $10M: Sal Akbani, CEO of Gateway Classic Cars (Part 1)

Posted on Monday, May 8th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Sal has bootstrapped Gateway Classic Cars to over $10 million in revenue. Another great story of how a two-sided marketplace was masterfully seeded and scaled in a niche market. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were

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351st Roundtable Recording On May 4, 2017: With Nilay Banker, Inspyrus

Posted on Friday, May 5th

In case you missed it, you can listen to the recording here:

May 11 – 352nd 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Friday, May 5th

Entrepreneurs are invited to the 352nd FREE online 1Mby1M mentoring roundtable on Thursday, May 11, 2017, at 8 a.m. PDT/11 a.m. EDT/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 can register

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Roundtable Recap: May 4 – New Podcast Channel for Entrepreneurs

Posted on Thursday, May 4th

During this week’s roundtable, our guest was Nilay Banker, Founder & CEO at Inspyrus, who took us through his wonderful bootstrapping using services story, along with nuances in business model innovations. We also announced the launch our new podcast channel this week. Entrepreneurs with any interest in engaging investors and venture capitalists would be wise

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