Building a Successful Online Endeavor: MyChingo Ep1

By Patricia Mayo • Apr 7th, 2008 • Category: Online Business, Podcasts

by Patricia Mayo

Photo by Sanja Gjenero
Photo by Sanja Gjenero

Building a business from scratch and bootstrapping it the whole way is not easy, by any means - but Michael Bailey of Mobasoft, creator of MyChingo.com, has done it at least three times. He is six figures in debt, about as optimistic as an American economist, yet still kicking.

Why? He loves what he does. Michael realizes that money is simply a means to an end, and he only wants to make MyChingo profitable so he can work full time to add more features for the community.

I fell in love with Michael’s story, his ideals, his ethics, and his passion for innovation. That’s why this is only the very first in a series on building a successful online business - because I am not going to stop helping him until he is on track to pay off his massive debt.

Join us for our first discussion of his amazing story, and the equally astounding stories of the people who use MyChingo - including a husband’s journey to help his wife out of a persistent vegetative state.

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icon for podpress  Mobasoft Case Study Ep 1 [37:03m]: Play Now | Play in Popup | Download


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Trisha, @mayobrains on Twitter


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Patricia Mayo is an entrepreneur with way too much experience online. Seriously, it's not healthy. Feel free to follow on Twitter, LiveJournal, MySpace, Facebook, Tribe, LinkedIn, or Plaxo Pulse. If that isn't enough, there are many more ways to reach out and touch her at MayoBrains.com.
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5 Responses »

  1. Mobasoft, LLC » Blog Archive » » ComHacker’s Blingo for MyChingo on April 7th, 2008 at 7:24 am:

    […] We started with an audio interview via Skype and she's already posted it on her site - it turned out pretty well so go check it out. […]

  2. Michael Bailey on April 7th, 2008 at 8:58 am:

    Thanks for the interview Patricia - I’ve blogged it accordingly http://mobasoft.com/wordpress/2008/04/07/comhackers-blingo-for-mychingo/ and will be looking forward to what comes next.

    Meanwhile, back in the jungle, I have two kids to get ready for school, some private client work to finish, and an interview (with Sprint) this afternoon.

    Enjoy your day!

  3. Apple-For -My-Eye » Blog Archive » Building a Successful Online Endeavor: MyChingo Ep1 on April 8th, 2008 at 4:03 pm:

    […] Building a Successful Online Endeavor: MyChingo Ep1 Sphere: Related Content Leave a Comment […]

  4. Tony "BigTC" on April 8th, 2008 at 4:13 pm:

    I know Michael from the Twitter community. I consider him a friend and mentor. His passion, his drive, his desire to achieve great things is unparalleled. He is very deserving of being successful and being out of debt.

    Thank you for highlighting his story.

    Thanks,
    Tony

  5. Building a Successful Online Endeavor: MyChingo Ep2 on April 15th, 2008 at 11:57 pm:

    […] you will remember from the first episode on building a successful business out of MyChingo.com, one of the product’s biggest target markets is educators. I’m […]

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