Bootstrap First to $10 Million from Australia, Raise $25 Million Later from the US: Ashik Ahmed, CEO of Deputy (Part 1)

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  Bootstrap First, Raise Money Later is the 1M/1M mantra. Ashik Ahmed tells his story of bootstrapping to $10 Million before raising $25 Million in the first external financing. Sramana Mitra: Where are you from? Where were you born, raised, and in what kind of background? Let’s

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Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 7)

Sramana Mitra: Have you started seeing revenues escalate from that yet? Vaclav Muchna: In the United States, this year we are going to be close to $3 million. Our business has a very long sales cycle. We expect that the bigger revenue growth is going to happen next year. Sramana Mitra: You said you did

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Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 7)

Sramana Mitra: You have a tremendous revenue stream. Where are you now? How far along are you? Nilay Banker: We are getting into the tens of millions of dollars. We are doubling every year in revenue. Sramana Mitra: How many people? Nilay Banker: Now, we are close to 50 people. Almost everybody is in the US.

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Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 6)

Sramana Mitra: What do you do with the venture capital fund? Do you invest in companies in the Czech Republic or in eastern Europe? What is the scope? Vaclav Muchna: I suggest we take it chronologically. Sramana Mitra: Sure. Vaclav Muchna: Today, we are doing a lot of things, but the biggest pie of revenue

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Bootstrapping Using Services to an Awesome Business Model: Inspyrus CEO Nilay Banker (Part 6)

Sramana Mitra: How long did it take you to be able to know that you could actually save money and for you to make money on that gain share model? How long was that process of fully validating the business model? Nilay Banker: Typically, it takes from 6 to 12 months by the time the

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April 20 – 349th 1Mby1M Mentoring Roundtable For Entrepreneurs

Entrepreneurs are invited to the 349th FREE online 1Mby1M mentoring roundtable on Thursday, April 20, 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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Bootstrapping to $30 Million from Czech Republic: Vaclav Muchna, CEO of YSoft (Part 5)

Sramana Mitra: It must have been very helpful for you to recruit a bunch of channel partners who would then go and sell that same solution to other major players. Vaclav Muchna: Exactly. Once they started with us, there was another deal with the headquarters of a central European bank. That helped us to build the relationship

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348th Roundtable Recording On April 13, 2017: With Ricky Joshi, Saatva

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