categories

HOT TOPICS

Bootstrapping a Niche E-Commerce Venture: Elite Fixtures CEO Steven Annese (Part 4)

Posted on Thursday, Jan 14th

Sramana Mitra: There’s an electronic integration that you were able to put in place with these distributors? Steve Annese: Yes, there was only one distributor at that time. Sramana Mitra: They were electronically and sufficiently together to be able to establish that bridge with you. Steve Annese: Yes. Sramana Mitra: What year are we talking?

Read Full Article »

Bootstrapping a Niche E-Commerce Venture: Elite Fixtures CEO Steven Annese (Part 3)

Posted on Wednesday, Jan 13th

Sramana Mitra: How much inventory did you take on and how did you source that inventory? This is one of the key questions for every bootstrapped e-commerce entrepreneur. Steven Annese: When I first started, I didn’t take any inventory on. I basically had a drop shop agreement with a major distributor at that time that

Read Full Article »

Bootstrapping a Niche E-Commerce Venture: Elite Fixtures CEO Steven Annese (Part 2)

Posted on Tuesday, Jan 12th

Sramana Mitra: Did you know anything about the lighting business? Steven Annese: I didn’t but my sister was working at a lighting distributor. She told me that there were some companies that were trying to do business with them in the online world. That’s actually where my lead came from so I have to thank

Read Full Article »

Thursday, Jan. 14 – 289th 1M/1M Mentoring Roundtable For Entrepreneurs

Posted on Monday, Jan 11th

Entrepreneurs are invited to the 289th FREE online 1M/1M roundtable mentoring session on Thursday, January 14, 2016, at 8 a.m. PST/11 a.m. EST/9:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain straightforward feedback, advice on next steps, and she’ll answer any

Read Full Article »

Bootstrapping a Niche E-Commerce Venture: Elite Fixtures CEO Steven Annese (Part 1)

Posted on Monday, Jan 11th

I’ve always been bullish about niche e-commerce. Here’s yet another story of an entrepreneur who has successfully bootstrapped a company in high-end light fixtures. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Steven Annese: I’m a child

Read Full Article »

Bootstrapping Using Services: Bay Dynamics Co-Founders Feris Rifai and Ryan Stolte (Part 7)

Posted on Sunday, Jan 10th

Sramana Mitra: Talk about the new product, and how did you identify the new product definition? How did you achieve product market fit? Ryan Stolte: Through this relationship we had and the amount of breadth of customers that we were exposed to, we did get in front of a lot of these customers. They would

Read Full Article »

Bootstrapping Using Services: Bay Dynamics Co-Founders Feris Rifai and Ryan Stolte (Part 6)

Posted on Saturday, Jan 9th

Sramana Mitra: How did you price this new product? Feris Rifai: The original OEM agreement started out as a royalty fee. The Symantec folks were selling it directly to the client. That grew from there to cover more of the Symantec portfolio of products. It also grew to Symantec actually including it in their product

Read Full Article »

January 14 – 289th 1M/1M Mentoring Roundtable For Entrepreneurs

Posted on Friday, Jan 8th

Entrepreneurs are invited to the 289th FREE online 1M/1M roundtable mentoring session on Thursday, January 14, 2016, at 8 a.m. PST/11 a.m. EST/9:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea to Sramana Mitra. You’ll gain straightforward feedback, advice on next steps, and she’ll answer any

Read Full Article »