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Peruvian Entrepreneur, Bootstrapping to $200 Million: Belisario Rosas, CEO of WEI (Part 5)

Posted on Tuesday, Dec 15th

Sramana Mitra: You have chosen to grow it to a substantial level with profits. What do you want to do with this company? Is it something you’re looking to sell? Do you want to continue running it forever? Belisario Rosas: Continue it. We run the company like a family business. We want to be one

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Bootstrap First, Raise Money Later: Wrike CEO Andrew Filev (Part 5)

Posted on Tuesday, Dec 15th

Sramana Mitra: I understand that you constantly test and experiment but there must have been some kind of institutional truths that were emerging in terms of your pricing and business model? Andrew Filev: One of the big things that we found is this switch to packages in the SMB digital space. We tested and we’re

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Peruvian Entrepreneur, Bootstrapping to $200 Million: Belisario Rosas, CEO of WEI (Part 4)

Posted on Monday, Dec 14th

Sramana Mitra: Did you have that tendency of trying to do it all before this change happened? Belisario Rosas: Very much. I was buying. I was selling. I was doing everything. Sramana Mitra: You were running a substantial revenue company but you did not have any executive team? Belisario Rosas: That is correct. Sramana Mitra:

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Thursday, Dec. 17 – 287th 1M/1M Mentoring Roundtable For Entrepreneurs

Posted on Monday, Dec 14th

Entrepreneurs are invited to the 287th FREE online 1M/1M roundtable mentoring session on Thursday, December 17, 2015, 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

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Bootstrap First, Raise Money Later: Wrike CEO Andrew Filev (Part 4)

Posted on Monday, Dec 14th

Sramana Mitra: What was the first year that you were actually selling this product? Was it 2007? Andrew Filev: Yes. If I remember correctly, we launched the product in June 2007. We had a 30-day trial. The first payment came in 30 days later. Sramana Mitra: At the end of 2007, how many customers did you have? What

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Peruvian Entrepreneur, Bootstrapping to $200 Million: Belisario Rosas, CEO of WEI (Part 3)

Posted on Sunday, Dec 13th

Sramana Mitra: Let me actually probe each of those points a bit. Did you, at this point, become an e-commerce site? Were people ordering online? Belisario Rosas: No. We barely, to this date, do any type of e-commerce. All of it is solution-based and face-to-face selling. Sramana Mitra: Talk to me about solution service infrastructure

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Bootstrap First, Raise Money Later: Wrike CEO Andrew Filev (Part 3)

Posted on Sunday, Dec 13th

Sramana Mitra: What state was Wrike at when you came to Silicon Valley? Did you have something? Did you have an MVP that you started to work on? Andrew Filev: It was a very early prototype. I think we launched a beta version at a conference in Paris. Then right after that, I moved to the

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Peruvian Entrepreneur, Bootstrapping to $200 Million: Belisario Rosas, CEO of WEI (Part 2)

Posted on Saturday, Dec 12th

Sramana Mitra: You were doing, more or less, the same thing that the company you were working for was doing? Belisario Rosas: Yes, very much. We just continued accepting clients that we were dealing with or looking for new clients. Sramana Mitra: How did that ramp? Belisario Rosas: Like I said earlier, we started with

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