BigCommerce Founders in Dynamic Business Magazine (Dec 2011)
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Transcript of BigCommerce Founders in Dynamic Business Magazine (Dec 2011)
COVER STORY
The two young entrepreneurs beh ind BigCommerce spoke to editor JEN BISHOP about their plans to help Aussie SMEs sell online.
0 nline stores powered by three year-old Aussie business BigCommerce have
sold more than 30,000,000 items to more than 230 ,000 ,000 unique visitors
worldwide. Mitchell Harper and Eddie
Machaalani, the young entrepreneurs behind the fast-gro\ving company with offices in
Sydney and Texas , are making eCommerce easy for small businesses .
BigCommerce is a huge and ever evolving success story 'vVhile there·s some clever
business brains behind it, it's clear the two
mates complement each other as co-founders and that only employing people they'd like
to go for a beer with has served them well.
Company culture, in both the Sydney and Texas offices, is everything to them.
Following a recent $15 million financing round, the company revealed it now powers
more than 20 ,000 online stores for retailers who have processed sales of more than
$350,000. Having set up in 2009 , they now employ almost 100 people with plans
to double that number in the coming year. While the eCommerce boom is fuelling their
growth , they're aware that many Australian
businesses are still lagging behind in the online department and they're passionate about helping them compete with the big
boys, selling both here and to potential
overseas customers. The beauty of BigCommerce's offering
is that it's (pardon the cliche) a one stop
shop for businesses wanting to sell online.
"We have combined an easy
to use store builder with a suite of marketing tools and
integrations that let you do
everything from SEO, to selling on Facebook, coupon
codes, mobile commerce and multi-channel retailing. Our
platform allows even the most non-technical business owner
to really generate huge returns
from ecommerce," says Harper. "eCommerce is not a one
size fits all business and our new API allows third party
developers and integrators to
build on the BigCommerce
' In the end we decided to bite the bullet and get an office in Austin, Texas. We had six people in an office that could fit 50"
platform. Disparate systems such as accounting, ERP, email
marketing and point-of-sale can
now be tied into BigCommerce effortlessly This gives our
clients unlimited flexibility whether they're starting form
scratch or looking to integrate
COVER STORY
BigCommerce into their existing business processes .. ,
The friends basically started
BigCommerce because they were searching, unsuccessfully, for a solution for business owners to
start and run their own website
where they didn't have to use different providers for hosting,
web design, online payments, registering domains etc. "I
decided to write my own," says Machaalani. "We launched it
and then got a call from the US
saying they'd like to partner so we did that. " He and Harper
started talking to each other in
a chatroom and the rest , as they say, is history
"When we started in 2009
we probably had around 30
employees," says Machaalani . "We found a marketing
consultant after reading his foreword in a book we liked and
he happened to be in Austin , Texas. "He helped us hire our
first couple of salespeople . Texas
happened because he happened to be there and it was also a
lot cheaper to be there than in Silicon Valley As we grew the
team we had five people in the US and 70 to 80 percent of our
revenue was coming from there. "In the end we decided to
bite the bullet and get an office
there. We had six people in an office that could fit 50. " Clearly
there were always ambitious plans for growth.
The pair are now comfortable with flying back and forth
between Sydney and Texas. "We're both used to Austin now,"
says Machaalani. "'vVe have a
DECEMBER/JANUARY.12 DYNAMICBUSINESS.COM.AU 11
COVER STORY
pretty structur d routine .·· While
most of their business has always
been in the States, they're now starting to see more traction in
the Australian market and their
focus in 20 12 will be very much on Australian SMEs.
"Now we're seeing Australian
businesses starting to get eCommerce," he adds.
Harper says the reason many
Aussie SMEs have been resistant to eCommerce is because it 's
been too hard. "There are too many people involved , the
process was cumbersome and
you had to piece together so many different systems and
people. We can give everything to them in one product. We do it all. " lvlachaalani says a
lot of small businesses have
been burnt in the past too . '·They've maybe spent $5,000
on a website which they then can't make changes to and it's
too fragmented. It becomes too
hard and they give up on it. " Machaalani says stubborn
bricks and mortar retailers who whinge about online
stores stealing their business
should look at the other side of the coin. "They could be
selling online as well and
supplementing their income. Resisting it is like selling CDs in an MP3 world. You can
try and ignore it but it's not a good business model.., like
Harper adds: '·It doesn·t have
to be an either/or scenario." BigCommerce's packages start at $24.95 a month. '·You can
get a site up and running really
quickly and cheaply and test the
waters," says Machaalani.
Managing the fast growth of their own business hasn't been without its challenges. Finding
and keeping the right people and givi ng up some control to
other advisors and employees have been learning curves. "You
can't grow into a big company by
micro managing everyone," says
Harper. "It's been a mindset thing for me ," says Machaalani. 'Tve
given up some of the hands-on
leadership to look at the bigger picture but I haven't got any more time on my hands! "
Harper says culture is "the
most important thing in the company'' And it's been that
way from day one. "If you get
the right son of people you can foster that. We like people who
are smart and get things done. 'vVe only employ people we want
to have a beer with. We also
have a no jerk policy I We attract
people because they want to work in our kind of environment and that's great for retention ' ·
Machaalani adds: "We despise any kind of office politics. "
Harper and Machaalani are
optimistic about their plans to concentrate on the Australian market in 2012. "There's a big
opportunity in Australia. The
market's very fragmented and there's no one dominant player.
Vve can see an opportunity to
come in and be the leader. We can show businesses how we
12 DYNAMICBUSINESS.COM.AU DECEMBER/JANUARY.12
Culture is the most important thing. We on ly employ people we want to have a beer with and we have a no jerk policy"
can make them successful at this stuff," says Machaalani. Harper adds: "There 's a lot of
education that needs doing around certain
aspects of eCommerce . A big part of our work is around making Australian SMBs feel
more confiden t about it. "That said , business owners don't need to
be that tech-savvy anymore. There was a lot
of jargon to confuse people before but these days someone else can do it all for you ."
Their aim for the business in the next two
years7 "To double and double again ," with
200 employees by the end of 2012 .