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Bootstrapping to $55 Million from Rural Minnesota: Tom Fallenstein, CEO of Fun.com (Part 4)

Posted on Thursday, Feb 26th

Sramana Mitra: Wow! It must have been very scary. How long did it take you to recover that $1 million from that domain? Tom Fallenstein: It paid for itself in nine months. Sramana Mitra: Awesome. Tom Fallenstein: We bought it in January. By the time we made it through October, about 30% to 40% of

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250th 1M/1M Mentoring Roundtable For Entrepreneurs Tomorrow!

Posted on Wednesday, Feb 25th

Entrepreneurs are invited to the 250th FREE online 1M/1M roundtable mentoring session on Thursday, February 26, 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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Bootstrapping in Minnesota: Praful Saklani, CEO of Pramata (Part 3)

Posted on Wednesday, Feb 25th

Sramana Mitra: Which brings us up to mid-2000? Praful Saklani: That’s exactly right. In 2005, I decided it was time to move back to the US for a variety of reasons. I wanted to get back into enterprise software and started to think about the things that either I had experienced as a pain point

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Bootstrapping to $55 Million from Rural Minnesota: Tom Fallenstein, CEO of Fun.com (Part 3)

Posted on Wednesday, Feb 25th

Sramana Mitra: What next? What happened in 2006? Tom Fallenstein: In 2006, we moved into a 10,000 sq. ft. facility and started the company. I hired my mom and two sisters to work full-time and started building out the websites. Sramana Mitra: Were there other properties in 2006 or just those three? Tom Fallenstein: No, we

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Bootstrapping in Minnesota: Praful Saklani, CEO of Pramata (Part 2)

Posted on Tuesday, Feb 24th

Sramana Mitra: Where were you when you were doing this company? Praful Saklani: I was back in Minnesota. We were based in the Twin Cities. Our customer base was all over the country and the world. The company that bought us was actually based out of Ireland. Sramana Mitra: Before we go into the details

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Bootstrapping to $55 Million from Rural Minnesota: Tom Fallenstein, CEO of Fun.com (Part 2)

Posted on Tuesday, Feb 24th

Sramana Mitra: You joined the costume business in 2004? Tom Fallenstein: Yes, I was the only one doing it full-time. It was only a seasonal business up until 2002 and then I built a website to see if I could make it a full-time job. I was doing extra orders basically through college out of

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Bootstrapping in Minnesota: Praful Saklani, CEO of Pramata (Part 1)

Posted on Monday, Feb 23rd

Minnesota seems to be developing well as a hub for tech startups. With a strong culture of bootstrapping, we’re seeing a lot of entrepreneurs building high growth businesses. Sramana Mitra: Let’s start at the beginning of your personal journey. Tell me a bit about where you were born and raised and in what kind of

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Thursday, Feb. 26 – 250th 1M/1M Mentoring Roundtable For Entrepreneurs

Posted on Monday, Feb 23rd

Entrepreneurs are invited to the 250th FREE online 1M/1M roundtable mentoring session on Thursday, February 26, 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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