Remove 2008 Remove Bootstrapping Remove India Remove Revenue
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Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

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During today's roundtable, we had four Microsoft BizSpark Startup India Challenge grant finalists present. Freshdesk First, Girish Mathrubootham from Chennai, India, pitched Freshdesk , a SaaS company that provides small and medium businesses with on-demand customer support software that offers multi-channel social support.

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Strategy Roundtable: Do Not Spray and Pray

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First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. Now, e-commerce has had extremely slow penetration in India, one of the key reasons being the lack of reliability of the delivery and logistics chain. GrillGrate. Photo by brokenarts.

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Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

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In How To Defend Your Dream Against All Odds , Alex and I explore the company's journey to $200 Million in revenue, while their VCs wrote them off. Zoho is already over $100 million in revenue and is seeing tremendous traction. Having turned down all overtures for investment, Zoho continues merrily on in its bootstrapping path.

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Strategy Roundtable: 5 Cloud Computing Opportunities for Entrepreneurs

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I pointed Zubair to a couple of case studies of bootstrapping using services to get more of his core product built; in parallel, I will help him pursue institutional funding. Rajeev wants to build a BPO firm in a place called Bolpur in West Bengal, India. Next, Rajeev Pareek discussed his rural BPO idea. Photo by thesaint.

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Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

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Sub-$2 million pre-money, it is better to bootstrap. A lot of money can be made with this product, and Rajan needs to build it without any outside capital - that is, with customer money - that is, with revenue - for a long while yet. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008.

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Strategy Roundtable: Open Opportunities in Cloud Computing and Rural BPO

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They already have several customers including some telcos, and are at about $350,000 in revenues. Because customer financing equals revenue, not equity. That's why, I advised Gio to keep going with further execution on his business and build more revenue traction. In 1M/1M, our preferred financing strategy is customers.

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Strategy Roundtable For Entrepreneurs: Spotlight on Latin and Central America

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He needs to bootstrap it to a certain level, and following the 1M/1M methodology would be a good start. Adarsh Patil from Bangalore, India, presented ResortHunt. From 2008 to 2010, Mitra was a columnist for Forbes. Marcial Cambronero, also from Costa Rica, pitched HandIt.me, an intriguing concept for "social shipping."