Monday, December 14, 2009

Jeffrey Fry Talks about His Startup Experience

Jeffrey Fry of Manegain Talks about His Startup Experience

Where are you from originally?

Alexandria Virginia, but was born in San Juan, PR. Grew up pretty much up
and down the East Coast from VA to MA. Moved to Midland, Texas in 81 from
CT, then to Maine, then Massachusetts, then Florida, then California, then
back to Austin, Texas in 96.

What university did you go to?

Lafayette College in Easton PA, got my BSEE. Also, St. Edwards in their MBA
program but did not finish.

What brought you to Austin?

I was working for Philips in Sunnyvale and hired away by AMD to help with
their embedded processor strategy

What is the idea behind your startup?

To help people regain their confidence by naturally regrowing their hair.

What need does it fulfill?

Offers an all natural, non-toxic, drug free treatment for baldness and
thinning hair.

What exactly does your product do?

Restores scalp to a condition when hair grew naturally

Who is it for?

Men and women who are experiencing hair loss. Free placements of units in
high end hair salons, and day/med spas

What was the most challenging aspect of starting up a business?

Funding and making sure you can make a profit. Oh yeah, having great

What is the next step for you and your startup?

Securing the next round of funding and expanding to 150 locations in 6

What advice do you have for entrepreneurs?

Watch out for wedgies: those people who want to take a piece of your company
and NOT offer any substantial help in moving you to a profitable endeavor.
Also, NEVER pay for someone to find money for you!

What Austin-based resource have you found to be the most helpful and why?

Bootstrap Austin, Tech Ranch, Door64, Austin Top Guns. Great resources for
networking and meeting people for ideas and help. Also, the Hills Fitness
has incredibly been a great place to meet talented people.

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