Sramana Mitra: Pinpoint for me the strategy for growth. Rizwan Kassim: First was having the right distribution. This is a business that was about distribution. Sramana Mitra: What was the distribution strategy? Rizwan Kassim: These cellphone shops are used to getting screwed by the carriers. Sometimes they don’t get paid commissions. Sometimes they don’t get
Entrepreneurs are invited to the 354th FREE online 1Mby1M mentoring roundtable on Thursday, May 25, 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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Sramana Mitra: Let me try to understand this. At the end of the day, the value proposition that you were offering was international calling at affordable rates from anywhere in the world to anywhere in the world. Rizwan Kassim: No, it would be their US cellphone service. Instead of using Verizon or AT&T, they would
During this week’s roundtable, our guest was Heidi Jannenga, Co-founder and President at WebPT, yet another scrappy entrepreneur who managed to bootstrap to over $1M ARR and THEN raised the first million in angel funding. Wonderful story! StreakHelmet As for pitches, up first Abhishek Chatrani from Chennai, India, pitched StreakHelmet, a smart helmet company that
Today’s 353rd FREE online 1Mby1M roundtable for entrepreneurs is starting NOW, on Thursday, May 18, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
Today’s 353rd FREE online 1Mby1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, May 18, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
Rizwan Kassim: There’s also a term in telco called breakage. If you sell 500 minutes to someone at two cents a minute, they don’t necessarily use all 500 minutes. That helps with forward pricing. We spent a lot of time on what sort of message communicated best with first-generation Indians. We used people we knew.