Tuesday, January 13, 2009
MakeItWork: First Profitable Quarter, Ramping
Tough times? Privately held, Santa Barbara-based Make It Work, a provider of in-home computer and electronics help, has just inked its first profitable quarter, and is positioning to be ready for any change in the economic headwinds. According to CEO Eric David Greenspan, the firm has just turned its first profitable quarter, in Q4, and increased its bank balance for the first time since it received funding from the Tech Coast Angels in 2006. Greenspan--who said the firm just hired on four new staffers this month--said that the firm fine tuned its operations, revised pricing, and tweaked its comp plans in early 2008, as he anticipated an economic downturn. Greenspan said the moves helped the firm lower its cost of acquisition of new customers.