Page 2 - Project Repat News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Potential investors at a program they were sure they were going to get funded. >> we gave what they thought was a great pitch. >> turns out they were the only ones who thought that. >> after the pitch nobody was interested in us. nobody gave us any funding. >> they started in 2012 after learning that the average american throws away more than 80 pounds of the textiles a year. >> what was a way to preserve your t-shirt memories and keep them out of the trash. >> the solution they came up with, turning the old t-shirts into a quilt. and they had a hunch there were people out there who would pay ...

Hi everyone. i'm jj ramberg and welcome to "your business", the show dedicated to helping your small business grow. finding funding for your business is often listed as one of the hardest parts of starting a company. so i wanted to tell the story of two successful entrepreneurs who couldn't find it. hard as they tried no investors willing to take a chance on their company. a few years in they count themselves as lucky that they were rejected so many times. >> when nathan and ross gave their first presentation on their company project repat to

Raising money is difficult but not having a cushion of money is a scary thing. at any moment you can go out of business. >> that is no longer their fear. this year project repat is on track to do $3.5 million in revenue. and the best part according to the founders, is that today they only have themselves to answer to. >> we created a business that we love and know that we're really comfortable running and now as a bootstrap business we don't have investors telling us what to do, saying well, you should cut your costs or pay workers less or whatever it is. because we run our own business and we...