Today’s 276th FREE online 1M/1M roundtable for entrepreneurs is starting in 30 minutes, on Thursday, September 17, at 8:00 a.m. PDT/11:00 a.m. EDT/8:30 p.m. India IST. Click here to join. All are welcome!
Sramana Mitra: How much was your total revenue line in 2009 when you had six employees? Steve Acree: In the neighborhood of $2.5 million to $3 million. Sramana Mitra: What’s the next major inflection point in the business after 2009? Steve Acree: It started to get cumbersome. It was three dashboards. You had to plug
Sramana Mitra: In 2007 when you introduced this new channel, how much did Amazon do? Steve Acree: Amazon, at the get-go, didn’t do a whole lot. In the first month, it sold about 10 items. By the six-month mark, it was doing about $10,000 a month in sales. After about 12 months, it was doing about
Sramana Mitra: What really clicked in gear in 2003? If you look 12 years back when you decided that this was where you’re going to spend your time, what clicked in gear? Steve Acree: Just the idea that everybody is moving to the Internet. They’re interested in eBay and Amazon. I had really good success
Entrepreneurs are invited to the 276th FREE online 1M/1M roundtable mentoring session on Thursday, September 17, 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 of your questions.
E-commerce companies are relatively easy to bootstrap. Steve tells the story of his journey bootstrapping Seismic Audio to almost $10 million in revenue. Sramana Mitra: Let’s go back to the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Steve Acree: I was born
Entrepreneurs are invited to the 276th FREE online 1M/1M roundtable mentoring session on Thursday, September 17, 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
In case you missed it, you can listen to the recording here: