MyCFO - All-in-one CFO solution

Company: MyCFO

Representative: Diana Dobreva

Position: CEO & Founder

How would you explain your business in one sentence to your grandmother?

All-in-one digital CFO solution

Where did the idea come from and what problem does it solve?

Majority of already funded and revenue generating startups fail due to lack of timely information, needed for accurate financial decisions. Most of them can’t afford a full time CFO and at the same time the tech alternatives are very expensive.

How did you form a team? How do you know each other, why did you decide to work together?

Friends

Was there a moment that almost turned you down?

The difficulty of attracting the best talents who are now the founding team and core of the company

The biggest mistake so far?

Some software development mishaps

The most valuable advice you would give to those after you?

"No" is a short term obstacle, not an answer. 

How do you resemble the Bulgarians and how do you differ from them?

Resemblance - endurance, difference - rule following.

Why is Bulgaria a good (or bad) place to start a business?

Tight ecosystem open to giving opportunities and feedback for adjusting your solution for international expansion.

If you have a magic wand, which partner or investor would you like to bring to the team?

When we are looking for an investor, we are looking for a partner. A partner with whom not only we can share our profits and rely on for advice, but also spend time having fun.

What are your goals? Where do you want to go from here on out? 

We’re planning to have our MVP 100% market ready by the end of January, test it in the local market and then focus our efforts towards international expansion