Bootstrapped Using Services and Scaled Using Content Marketing

Bootstrapped Using Services and Scaled Using Content Marketing

I publish this series to discuss the nuances of bootstrapped entrepreneurship. Please subscribe to my Best of Bootstrapping series to never miss an article and?learn what to expect from 1Mby1M.

You have heard me discuss bootstrapping using services quite a lot. With Kinetic Data CEO John Sundberg’s story from 2014, we also take on another important key strategy for customer acquisition: content marketing.

Sramana Mitra: Let’s start with some background. Where are you from? Where were you born and raised and in what kind of circumstances?

John Sundberg:?I’m currently in St. Paul, Minnesota, which is where our office is. I was born in Minneapolis. I’ve been in Minnesota all of my life. My wife is from Connecticut. My upbringing was very open-minded. My dad taught positive attitude and sales training and indirectly, I’ve had that positive attitude all my life. He ran his own company. It was a small company. As a result of watching that while growing up, I thought I wanted to work in a big company.

After I graduated college with a Mathematics degree, I worked at 3M and saw what the big company world was like. Lots of great things happen in big companies, but the way that I thought of things and the way I approach things is more than what one company could handle. In a bigger company, you get pigeonholed or targeted towards a certain style of problem. Your vision gets narrowed into that specific problem. The way I thought was much more generic than what any one company would think. Being in a big company working on projects was not the right fit.

Sramana Mitra: Until what year did you last at 3M?

John Sundberg:?1998.

Sramana Mitra: In 1998, the Internet is starting to hit full-swing point. What made you leave 3M?

John Sundberg:?I was married and my wife was pregnant with our first child. I always thought of running my own company. It was do-it-now or do-it-never before the first child was born. So I decided to leave 3M and start my own company effectively doing Java consulting work. I knew I had a good plan B. I could find a job relatively easily.

What followed was an interesting thing for me. I could find consulting work but I was not familiar with the world of sales. I could do projects pretty well, but finding projects was just not my love, so to speak. What I did at 3M was I worked on these IT systems and something on the Remedy platform. A lot of people in the Remedy world knew me. Once I left and become available, a lot of those projects came to me. I wanted to have a Java company but the IT Remedy work came and found me. It was easier to work on projects that came to me versus selling projects.

What happened was I started working on those and more and more people found that I was available. I was getting more projects than I could personally do. I started hiring some people to work on those projects with me, and I taught them how to do the Remedy system and how to do IT projects and IT thinking. I grew the team around the opportunities that were falling into our lap.

My passion was more in the generic systems versus a specific system. As we were doing that, I was seeing patterns on the type of projects we were getting. I was also seeing patterns in the types of problems that people would have, but they weren’t able to vocalize them. They didn’t see them as problems like I saw them as problems. That’s where I would say the opportunity for Kinetic took off. We saw what companies wanted to do but weren’t able to vocalize it.

Pretty much every company wanted to respond in a reasonable time to business demands and be able to produce solutions that were long-time, manageable, and quick to get up and running. There was a whole bunch of small projects that we would get. We wouldn’t get a nine-month project very often. People were unable to get these small things done easily. They’d have to hire them out.

Reality is if you had a framework and some understanding to do a few things, these companies could have done these projects themselves in a day or less. The pattern that we saw was people wanted a whole bunch of specific business things that were specific to their business using their internal IT tools and processes to get things done. They just didn’t have a framework to build the forms and workflows that were needed.

Our conversation continues here.


Looking For Some Hands-On Advice?

For entrepreneurs who want to discuss their specific businesses with me, I’m very happy to assess your situation during my free online?1Mby1M Roundtables, held almost every week. You can also check out our free?Bootstrapping Course, our?Udemy courses,?YouTube channel,?podcast interviews?with VCs and Founders, and, to?follow my writings, click "Follow" from?here.

Tom Pick

B2B Tech Digital Marketing Consultant: SEO, SEM, Social, Content, Influencer Marketing

1 年

Great story Sramana Mitra, well worth resharing. Still timely and inspiring.

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Zakaria Khan

Business Owner at TKT home made mosla products

1 年

Great share Sramana Mitra

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