Bootstrapping Lessons: FairWarning CEO Kurt Long (Part 7)

Sramana Mitra: You did not go to the channel and try to convince them to sell your product. You generated market demand first. This is very much the methodology that we teach as well. That’s a good strategic point to highlight. Are there other pieces that you want to discuss? Kurt Long: There are many

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Bootstrapping Lessons: FairWarning CEO Kurt Long (Part 6)

Sramana Mitra: Once you identified what problem you were going to work on, did you then raise money? Kurt Long: No. At this point, I had my own money. I paid people to build exactly what I wanted. I started selling it personally. I would not take any services revenue. I was determined to be

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Bootstrapping Lessons: FairWarning CEO Kurt Long (Part 5)

Sramana Mitra: What area did you decide to go into and how did you determine what problem you were going to solve next? Talk to me about the thought process. Kurt Long: When I started Open Network, I was scrambling. You don’t have anything. You’re trying to find a customer problem and you’re interacting with customers. By

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Bootstrapping from London to $10 Million: Alexandre Wentzo, CEO of Casewise (Part 5)

Sramana Mitra: What do you want to do with the business going forward? What’s the thinking amongst the shareholders? Alexandre Wentzo: Our business has always been focused around process. We want to be more specific and trained to address more specific needs. We’re trying to focus now on business of IT. Business of IT is

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Bootstrapping Lessons: FairWarning CEO Kurt Long (Part 4)

Sramana Mitra: How long did Open Network go on? Kurt Long: Almost 10 years. Sramana Mitra: What happened then? Kurt Long: It was acquired by BMC. Sramana Mitra: What year was that acquisition? Kurt Long: I think it was 2004 or 2005. Sramana Mitra: You did not raise outside capital?

August 27 – 273rd 1M/1M Mentoring Roundtable For Entrepreneurs

Entrepreneurs are invited to the 273rd FREE online 1M/1M roundtable mentoring session on Thursday, August 27, 2015, 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 to Sramana Mitra. You’ll gain straightforward feedback, advice on next steps, and she’ll answer any

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Bootstrapping from London to $10 Million: Alexandre Wentzo, CEO of Casewise (Part 4)

Sramana Mitra: How do you charge? What’s the business model? Alexandre Wentzo: It’s per user. Roughly, we sell at an average of $250,000. Sramana Mitra: So it’s large enterprise selling kind of business? Alexandre Wentzo: That’s correct. Things have changed because 10 years ago, we used to sell a few licenses. It would be 5 to 10

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Roundtable Recap: August 20 – Future Of Journalism

During this week’s roundtable, we had veteran journalist Tom Foremski, Publisher of SiliconValleyWatcher.com, as our guest. Tom and I had a dynamic discussion on the future of journalism. If the subject interests you, do listen to this roundtable. Tom also provided his views on a new business opportunity that he foresees: Media-as-a-Service (MaaS). ZenNut We

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