This is a guest post from the founder of 48hourslogo.com, Chris. He’s awesome. And generous with his startup experience.
I graduated from Georgia Tech with a degree in Electrical Engineering and got a job as an application engineer in Silicon Valley.
48hourslogo was one of several side projects I initiated. Luckily, it turned out to be the one with the most potential and allowed me to quit my engineering job and fully focus all of my attention on my own startup.
I have always enjoyed reading StartupBros and thought that sharing my own startup story may provide some interesting insights for some of you. I’ll show you how I came up with the idea, how I had the site built, how I got customers and designers, and some ways we’ve grown the company. I think you’ll enjoy it!
Like most people launching logo contests for their first time, I was amazed by the selection of logo concepts presented to me when I started a logo contest back in 2010. I liked it so much that I decided to drop my earlier business idea and start a logo contest website of my own.
The idea behind 48hourslogo is quite simple: Instead of paying an average of $400 to have 30 or 40 designers competing on your logo project, customers can spend a third of that and have 10 or 20 designers competing. This is plenty for bootstrapping founders. [click to continue…]