Entrepreneurs are invited to the 350th FREE online 1Mby1M mentoring roundtable on Thursday, April 27, 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
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Bhavin and his brother Divyank have bootstrapped Directi, a portfolio of Internet businesses over the last ~20 years. In 2014, they had their first $160 million exit. In 2016, they had a second $900 million exit. It’s a very interesting story of masterful business acumen and
Sramana Mitra: Where did you choose to raise your $25 million financing from? In Australia? Ashik Ahmed: Funny story was that every morning, we’d wake up and there’d be an email from some VC. I wanted to focus on growing the business as opposed to getting interested in VCs. In mid-2006, we realized that our
Sramana Mitra: When did you start the Gusto partnership? Ashik Ahmed: That was between late 2013 and early 2014. Sramana Mitra: How much did you do in 2014? How would you attribute that to Xero, Gusto, and your direct selling efforts? Ashik Ahmed: The challenge with partnerships is that, at the start, you get a
Sramana Mitra: From a customer acquisition point of view, how did you go to market? Ashik Ahmed: It was really, really hard. We spoke to a lot of customers. In the second round where we went for anyone can just sign up, you don’t need to get the word out. Back then, I don’t think
Entrepreneurs are invited to the 350th FREE online 1Mby1M mentoring roundtable on Thursday, April 27, 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
In case you missed it, you can listen to the recording here:
During this week’s roundtable, Dan Dillon, Owner at CleanItSupply.com, shared his wonderful story of building a niche e-commerce business with just $50,000 of personal money to $11 million in annual revenue in 2016. YoBanjare Travel Cafe As for the pitches, Prateek Kishore Kahnojia from Noida, India, pitched YoBanjare Travel Cafe, a concept for a chain