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Michigan Startup Accelerator Ecosystem and the Rise of the Solo, Bootstrapped Founder

Posted on Monday, Feb 23rd

A 1Mby1M Perspective Michigan’s startup narrative has evolved dramatically over the past two decades. Once defined primarily by automotive manufacturing, the state now supports growing ecosystems in software, mobility tech, AI, fintech, and IT-enabled services. Yet despite strong institutional infrastructure, Michigan still presents a structural gap for a very specific founder archetype: the solo, bootstrapped

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Bootstrapping with Services from Michigan: Amjad Hussain, CEO of Algo.ai (Part 4)

Posted on Friday, Dec 7th

Sramana Mitra: How big is the team in Detroit? Amjad Hussain: Our total team size, including engineering, data science, and implementations, is a little over 50 people. We do not have any subcontracting or offshoring going on. Since we live in a very competitive and global landscape, we have to work in a very efficient

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Bootstrapping with Services from Michigan: Amjad Hussain, CEO of Algo.ai (Part 3)

Posted on Thursday, Dec 6th

Sramana Mitra: At the very beginning, when you got this customer, what did you do for them? What did you propose to them that you were going to do that got you that customer? Amjad Hussain: They had a need for a very specific warehouse management application for complex product categories that had a lot

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Bootstrapping with Services from Michigan: Amjad Hussain, CEO of Algo.ai (Part 2)

Posted on Wednesday, Dec 5th

Sramana Mitra: You came to Michigan straightaway? Amjad Hussain: Yes, just because of where I landed my first job. I came to Detroit and I have lived here for 23 years. This is the longest that I have lived in any given place. Sramana Mitra: What job did you come with? Amjad Hussain: Since all

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Bootstrapping with Services from Michigan: Amjad Hussain, CEO of Algo.ai (Part 1)

Posted on Tuesday, Dec 4th

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  I am always thrilled to see great entrepreneurship in various parts of the world that are off-center. Well, here’s a great one from Detroit. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in

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Business Incubator Series: Interview With Ken Kousky, CEO, MidMichigan Innovation Center, Midland, Michigan (Part 6)

Posted on Friday, Mar 18th

By guest authors Irina Patterson and Candice Arnold Ken: So, our client, Advanced Battery Concepts, created a revolutionary technology, lead acid batteries that have a longer life cycle, weigh half as much, and cost less to produce. We have lead acid batteries all over the world. China would like to have lots of electric scooters.

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Business Incubator Series: Interview With Ken Kousky, CEO, MidMichigan Innovation Center, Midland, Michigan (Part 5)

Posted on Thursday, Mar 17th

By guest authors Irina Patterson and Candice Arnold Irina: Do you use a lot of volunteer mentors? Ken: Yes. Our mentor profiling is I’ll work for fame and feeling good or I’ll work for fortune. If you want to work for fortune, then you want to eventually get paid, or you’ll take equity. We’re letting

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Business Incubator Series: Interview With Ken Kousky, CEO, MidMichigan Innovation Center, Midland, Michigan (Part 4)

Posted on Wednesday, Mar 16th

By guest authors Irina Patterson and Candice Arnold Ken: I wish you could interview all of our ribbon partners. We have work going on in Cadillac, Michigan, in Claire, Michigan, in Mt. Pleasant, Michigan, in Marlette, Michigan. Some of these are pretty small towns. We’ve got groups supporting small businesses, bringing them what we believe

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