Our company (www.nmodes.com) is a bit like Croatia (#WorldCup): Everybody pay attention to other teams with shiny and glitzy products. But we work our hearts out, deliver quality results, humbly and respectfully advance forward. And at the end of the day we are winning. 20+ customers, full trust and glowing testimonials from customers, 200% growth in the last year. All is achieved completely organically.
nmodes recently introduced new feature for our family of Advanced AI solutions – Arabic language support.
nmodes provides conversational AI solutions to address the needs of customers around the world. We deliver chatbots, integrated AI solutions, omni-channel AI systems and more. Our solutions are professional, efficient, scalable.
We believe this is the beginning in the marketplace for advanced conversational AI solutions that help improve and scale current sales and customer service business process. With Arabic support, we’re creating new opportunities for an important, fast-growing market segment.
Additional native language support is an integral part of our strategy of bringing a full spectrum solution to the AI market. We continue to define new solutions, add new languages to enable businesses and organizations around the world more easily benefit from the advantages of using solutions powered by advanced AI technology.
Going after investors? Do you know that less than 1 percent of startups actually raise VC (or angel) capital, which means that the vast majority are self-funded. Yet the main reason for it simply lies in the inability of most companies to find investors.
Bootstrapping, however, has several strategic advantages for your company's future growth. Perhaps the biggest is retaining the majority of shares and control over the strategy and direction your company is moving towards.
It also teaches financial discipline. Bootstrapping at the start helps to understand the importance of revenue and cash flow, as opposed to unabridged product development, and keeps you connected to your company's financial reality. Only when profitability increase do you then green-light new opportunities, increased risk-taking, and growth acceleration.
In reality, the founders are expected to be flexible. While entrepreneurs have certain intentions and philosophies when they are starting out, a hallmark trait for successful founders is the ability to adapt to changing environments and opportunities.
Sometimes, that means waiting a long time to generate the financial metrics that really matter, revenue and profit. By challenging your leadership team to focus on building the business organically and figuring out how to make the company consistently profitable on a model that can scale without VC capital, you make your company more valuable to future investors.