If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. As usual, we love Bootstrapping Using Services case studies. Avelead CEO Jawad Shaikh shares his journey. Streamline Health acquired Avelead in 2021. Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. As usual, we love Bootstrapping Using Services case studies. Avelead CEO Jawad Shaikh shares his journey. Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have? Jawad
Sramana Mitra: How long did it take you to hit $1 million ARR with this product? Jawad Shaikh: At the end of 2019, we were roughly at $500,000 ARR. Twelve months later, we were at $4.9 million ARR. We spent a lot and invested a lot in a period of three years to perfect this.
Sramana Mitra: By the time you started to identify the opportunity for productization, it was still just the two of you? Were there other people involved? Jawad Shaikh: No, we started hiring people much early on. I used to say that in my first business, it took us ten years to get to 30 employees.
Sramana Mitra: Tell me a little bit more about what the product is? What was the process of identifying this product that you wanted to build? Jawad Shaikh: This was during the Obama years and the stimulus package of helping healthcare systems move to electronic medical records. Our job was always to help hospitals implement
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. As usual, we love Bootstrapping Using Services case studies. Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind of background did you have?