article thumbnail

Lessons Learned: Hugh Molotsi

Startup Lessons Learned

Through the great work of many other Intuit employees, Intuit Payments would eventually become a roughly $1B business for Intuit and a key enabling feature for over half of Intuit’s small business revenue. With this in mind, we started Intuit’s Unstructured Time program in 2005, where employees could spend 10% working on their own projects.

Incubator 121
article thumbnail

Does Fintech Disruption Break The Investment Banking Model?

YoungUpstarts

Coupled with powerful pattern-detection capabilities, the information can be transformed into asymmetric trading signals for both fundamental and program-driven strategies. To be in a position to benefit when the higher-volume platforms become fully operational, key players are launching lower-volume pilot programs. Compliance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

There’s Something Abuzz With GoodBuzz

YoungUpstarts

He later worked for eight years at the European Union commission helping to develop the cultural industry in Africa (cultural products being the main exports – and revenue – for poor African countries). Peer-To-Peer Referral Network.

Togo 222
article thumbnail

Freelancing is the new normal: oDesk and the future of the workforce marketplace

The Next Web

Founded in 2005, the company has since delivered more than $1 billion from employers to freelancers. Enterprise clients for whom Private Workplace was introduced are a minority at oDesk, but this minority brings the bigger part of the revenues. According to the last stats provided by oDesk itself, the company has 4.5 million jobs.

Russia 151
article thumbnail

Growing a Profitable Marketing Consulting Practice: My First Year as a Duct Tape Marketing Consultant

Duct Tape Marketing

I don’t know what prompted me to sit in on John’s webinar in June of 2018, because I knew he’d be pitching the consulting network that I had first learned about two years prior—and I knew I was not going to invest any money into a training program—but regardless, I attended. 40% Revenue Growth. AND boy, was I wrong. Trust me, I know.

article thumbnail

The 4 Phases For Developing A Customer Retention Strategy

ConversionXL

It’s too bad, because a report by local & small business locator, Manta.com found that 61% of the small businesses surveyed indicated more than half of their revenue comes from repeat customers. Popular eCommerce site Threadless has had a “feature request” thread on their customer forum since 2005. million in 2004 to $6.5

Retention 115
article thumbnail

30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

The company didn’t turn a profit until 2003, but by 2005 business was booming – Netflix was shipping out a million DVDs daily. Over the years, despite massive losses, Netflix was able to bounce back and improve its revenue by 47%. Netflix was founded in 1997 by Reed Hastings and Marc Randolph to combat late fees for video rentals.