Sramana Mitra: What happens next? Jonny Nicol: I got a one-year work clause where I was still on-call and working, but, in reality, I was not going to work. Instead, I used my pilot license which I got from the military to do some freelance piloting. I had three jobs. I was an air display pilot, air ferry
Sramana Mitra: You were almost like a solo entrepreneur with your brother helping you out. Daniel Scandian: Yes. My brother took care of the company while I looked for investors. Then I had to talk to some investors in Brazil. In 10 months, I had a very nice investor from Brazil and from Argentina. I
Sramana Mitra: I’m interested in success from a financial point of view. What kind of revenues were you able to generate with that company and what happened to it? Jonny Nicol: In the first month, revenues were $100. In month 11, it was $238,000. I actually disagree that you measure the success of a company
Sramana Mitra: You were targeting this business to customers in North America or in Latin America? Daniel Scandian: Only in Brazil. Sramana Mitra: Was it Google AdWords that helped you recruit the customers? What was working in terms of marketing? Daniel Scandian: It was 100% Google AdWords in the beginning. I had this agency that
Jonny is a pilot. He literally flew around to build Stratajet through many storms. Read his fascinating story! Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Jonny Nicol: I was born in England near London. I went
Daniel had fully validated his business to significant revenue before going to investors. The result is spectacular! Read on… Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background? Daniel Scandian: I’m from Rio de Janeiro. I started my
Sramana Mitra: Once you made these vital switches, what happened? In terms of revenue, how did you do in 2015? Roy Peleg: We ended with gross revenue of $1.3 million. In the month of December, we generated $185,000. The trajectory was great. We quadrupled the revenue in 2015. Then we took on a few more
Sramana Mitra: What did you learn? Was the threshold one salesperson per state? How were you calculating your expansion strategy? Lane Rankin: Just about every time we would go and meet with the district, we would win a sale. If we have a presentation, 80% of the time we are winning the business. We were growing