"The biggest misconception about bootstrapping is that there is zero capital. Founders invest their own money and can raise from friends and family."

Melissa Kwan, Cofounder and CEO of eWebinar, ProfitLed Podcast

Guest

Melissa Kwan, Cofounder and CEO

Company

eWebinar, ProfitLed Podcast

Location

Digital Nomad

Website

ewebinar.com

Industry

SaaS

Topics

Funding, Bootstrapping

About Melissa Kwan

Melissa Kwan is the Cofounder and CEO of eWebinar, an automated webinar solution that combines pre-recorded video with real-time interactions and live chat to deliver an engaging experience for attendees. Melissa and her team believe that by automating the repetitive and tedious task of giving the same onboarding, training, and sales presentations over and over, they free people up to focus their time on something else they value more.

Melissa is also the host of ProfitLed, a podcast that focuses on growth strategies for bootstrapped entrepreneurs from proven founders and strategists. If only 1% of startups get venture capital, then 99% of startups are ProfitLed. Melissa is passionate about telling the stories of those who have forged their own path and on their own terms to show founders around the world that it can be done, and that they are not alone.

S2E3 Why Bootstrapping Over Venture Capital Funding | Melissa and Todd, eWebinar

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Resources mentioned on this episode

Intro: Bootstrapping vs Venture Capital — Why Bootstrapping is Better
8 biggest misconceptions I always hear about bootstrappers
Check out Capchase for non-dilutive funding
Greg Head’s Practical Founder’s podcast

About this episode

People think bootstrapping is a financial decision, when it's really a lifestyle choice. Read that again.

In this episode, Melissa talks about the reasons behind choosing to build eWebinar as a lifestyle company and how that shapes every decision they make from how they operate, to who they hire, to company culture.

Melissa and Todd discuss the benefits of bootstrapping over venture capital, what it means to run a bootstrapped company, and misconceptions about bootstrapping which include things like: they raise zero capital, founders don't want to give away equity, they have smaller exits...

About ProfitLed

On Season Two of ProfitLed, Melissa (CEO and Cofounder of eWebinar) and Todd (COO) goes in-depth on one topic per episode on their "Journey to $1M" at eWebinar.

They share war stories, mistakes, and lessons learned as they grew the company to a million in ARR over 36 months. Their goal is to demystify bootstrapping by sharing their experience of it, and tell you what it’s really like to figure things out as you go.

ProfitLed is a podcast by and for founders brave (and crazy) enough to grow their startups to profitability without venture capital.

Learn more about your host, Melissa Kwan, and the ProfitLed podcast.

Learn more about eWebinar.

"The biggest misconception about bootstrapping is that there is zero capital. Founders invest their own money and can raise from friends and family."

About Melissa Kwan

S2E3 Why Bootstrapping Over Venture Capital Funding | Melissa and Todd, eWebinar

About ProfitLed

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