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Bootstrap First, Raise Money Later: Ensighten CEO Josh Manion (Part 1)

Posted on Wednesday, May 20th

Josh is a fellow MIT alum, and a fellow believer in the tried and true methodology that we espouse in 1M/1M: Bootstrap First, Raise Money Later. Josh raised his Series A with $5M in revenue. The company today is growing at 150% year-over-year. Wonderful story! Sramana Mitra: Let’s go back to the very beginning of

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Bootstrap First, Raise Money Later: Joe Speiser, CEO of Little Things (Part 3)

Posted on Wednesday, May 20th

Joe Speiser: In 2005, we were a very profitable business and were scaling quickly. We had 50 to 60 employees at that time. This was my first large business, so I felt that we needed help. We needed some outside experience to guide us on how to scale this company. We brought on private equity. We

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Bootstrapping to $20 Million with Intelligent Financial Engineering: Tim Hentschel, CEO of Hotelplanner.com (Part 7)

Posted on Tuesday, May 19th

Sramana Mitra: Given that the market is $45 billion, there’s obviously a huge amount of head room to build a larger business here. Could you have grown a lot faster? Are there levers that you could push? I’m not saying that you should grow faster. I’m asking out of intellectual curiosity. Tim Hentschel: There definitely

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Bootstrap First, Raise Money Later: Joe Speiser, CEO of Little Things (Part 2)

Posted on Tuesday, May 19th

Sramana Mitra: You started this in 2000? Joe Speiser: We started the deal sites in early 1999. Sramana Mitra: This was bootstrapped at that point? Joe Speiser: Yes, there were no VCs. These businesses were profitable in the first few months. If we weren’t able to make money in the first few months, we’d move

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Bootstrapping to $20 Million with Intelligent Financial Engineering: Tim Hentschel, CEO of Hotelplanner.com (Part 6)

Posted on Monday, May 18th

Sramana Mitra: What do you want to do? Is this something that you are going to accelerate by taking outside capital or do you want to remain an employee-owned organization? Tim Hentschel: Debt is so cheap. It’s 3% to 4%. People get excited about the private equity money out there. I agree that it has

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Thursday, May 21 – 260th 1M/1M Mentoring Roundtable For Entrepreneurs

Posted on Monday, May 18th

Entrepreneurs are invited to the 260th FREE online 1M/1M roundtable mentoring session on Thursday, May 21, 2015, at 8 a.m. PST/11 a.m. EST/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 to $20 Million with Intelligent Financial Engineering: Tim Hentschel, CEO of Hotelplanner.com (Part 5)

Posted on Sunday, May 17th

Sramana Mitra: All the business model is entirely predicated upon the hotels paying your fees and not the consumers. What are the key segments where you do business? Are we talking weddings? What are the top segments in which your business flows? Tim Hentschel: Sports teams is big for us. It’s great to have a

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Bootstrapping to $20 Million with Intelligent Financial Engineering: Tim Hentschel, CEO of Hotelplanner.com (Part 4)

Posted on Saturday, May 16th

Sramana Mitra: Between 2005 and 2015, there’s a ten-year journey. Can you highlight for us some of the major strategic moves that really helped your business propel forward? Tim Hentschel: The years between 2005 and 2008 were very interesting because we had two competitors. One was Group Travel Planet and the other was Groupe. Groupe had the Travelocity

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