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Best of Bootstrapping: Bootstrapped a Virtual Company to $10M from Atlanta

Posted on Monday, Apr 8th

If you haven’t already, please study our new Bootstrapping Course and Investor Introductions page.  We’re big fans of bootstrapping, virtual companies, and domain knowledge. FPD Solutions (formerly Field Pros Direct) Founder CEO Matt Anderson’s story from 2020 has all these ingredients. Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born

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Best of Bootstrapping: Bootstrapped from Atlanta a Virtual Company to $10M

Posted on Wednesday, Nov 2nd

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  We’re big fans of bootstrapping, virtual companies, and domain knowledge. Field Pros Direct Founder CEO Matt Anderson’s story from 2020 has all these ingredients. Sramana Mitra: Let’s start at the beginning of your journey. Where are you from? Where were you born and raised? What kind

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Bootstrapping a Virtual Company to $10 Million from Atlanta: Field Pros Direct CEO Matt Anderson (Part 6)

Posted on Saturday, Nov 7th

Sramana Mitra: The benefit you are offering is a flexible workforce of adjusters. They can pick people up as they need to as opposed to having everybody on the payroll.  Matt Anderson: That’s a part of it. We can scale up and down. From a cost standpoint, it gives them flexibility. Here is an example

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Bootstrapping a Virtual Company to $10 Million from Atlanta: Field Pros Direct CEO Matt Anderson (Part 5)

Posted on Friday, Nov 6th

Sramana Mitra: What happens in 2020 when COVID hit?  Matt Anderson: Up until 2020, I did a lot of sales. I had a part-time account manager that was doing some sales. We hired our first salesperson. I think it was 2019 when we hired a COO, which is a very big hire. He has been

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Bootstrapping a Virtual Company to $10 Million from Atlanta: Field Pros Direct CEO Matt Anderson (Part 4)

Posted on Thursday, Nov 5th

Sramana Mitra: How many people were in the company in 2018? How many full-timers and contractors did you have? Matt Anderson: I’m an avid user of Upwork.  Sramana Mitra: So are we. We are big users of Upwork. I am very familiar with this model and we run One Million by One Million in the

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Bootstrapping a Virtual Company to $10 Million from Atlanta: Field Pros Direct CEO Matt Anderson (Part 3)

Posted on Wednesday, Nov 4th

Sramana Mitra: What did you launch with? You talked about the two-sided marketplace. Did you have insurance companies already recruited who were going to hire out of your marketplace? How did you gather the critical mass of adjusters? Matt Anderson: A lot of insurance adjustment firms were asking to find adjusters. I started with those

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Bootstrapping a Virtual Company to $10 Million from Atlanta: Field Pros Direct CEO Matt Anderson (Part 2)

Posted on Tuesday, Nov 3rd

Sramana Mitra: You took a two-step journey into entrepreneurship. You did something that was slightly lower risk. Somebody else gave you clients and profit-sharing but without equity. But you were preparing to go into the full entrepreneurship model.  By the time you were ready to leave, did you have something worked out in your mind

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Bootstrapping a Virtual Company to $10 Million from Atlanta: Field Pros Direct CEO Matt Anderson (Part 1)

Posted on Monday, Nov 2nd

We’re big fans of bootstrapping, virtual companies, and domain knowledge. Matt’s story has all those ingredients. 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?