Having legal & administrative issues? Arjun Mahadevan’s doola is helping start your business seamlessly
June 24, 2024
Did you know that over 60% of startups fail due to legal and administrative issues? In today’s world, having a solid foundation for your business is crucial. This is where Doola steps in, simplifying the complex process of forming a U.S. company for global entrepreneurs. Imagine having all the necessary tools and support to start and run a business in the U.S. without stepping foot in the country.
Welcome to the world of Doola, where dreams of entrepreneurship become a reality, regardless of your location.
Meet Arjun Mahadevan: The Visionary Behind Doola
Arjun Mahadevan, the brain behind Doola, is no stranger to the challenges faced by entrepreneurs. As a former Growth Product Manager at Dropbox and an immigrant to the U.S., Arjun experienced firsthand the hurdles of starting a business in a foreign land. His journey from a corporate role to founding Doola is a testament to his determination and passion for empowering entrepreneurs worldwide.
Arjun’s story is one of perseverance and vision. He noticed a gap in the market – a lack of accessible resources for global entrepreneurs to establish U.S. entities. Determined to bridge this gap, he founded doola in 2020. Arjun’s background in growth and product management equipped him with the skills to build a company that not only provides services but also understands the unique needs of its clients.
The Birth of Doola: A Solution to Modern Entrepreneurial Challenges
Starting a business can be a difficult job, especially with a lot of legal and administrative tasks involved. Doola was born out of the desire to make this process seamless and accessible for entrepreneurs around the globe. By offering a comprehensive suite of services, Doola ensures that its clients can focus on what they do best – building their business.
From securing an EIN and U.S. address to providing bookkeeping and tax support, Doola covers all bases. The company’s unique selling proposition lies in its ability to cater to both web2 and web3 entrepreneurs, helping them from the U.S. LLCs, C Corps, and DAO LLCs. This inclusivity ensures that no matter the nature of the business, Doola has a solution.
A Business Model Designed for Flexibility and Growth
Doola operates on both B2B and B2C models, offering personalised solutions to meet the diverse needs of its clients. The company’s “Business in a Box” approach is designed to provide everything an entrepreneur needs to set up and run a U.S. entity. This model not only simplifies the incorporation process but also ensures ongoing support for business growth and compliance.
Revenue generation for Doola comes from its comprehensive service packages. By offering a one-stop solution for company formation, banking, financial management, and compliance, Doola provides immense value to its clients. This customer-centric approach has helped the company build strong relationships and a loyal client base.
The Financial Backbone: How Doola Earns
Doola’s revenue model is centered around its “Business in a Box” solutions. By offering a range of services such as company formation, EIN acquisition, U.S. address and bank account setup, financial management tools, and ongoing bookkeeping and tax support, Doola ensures that its clients have everything they need to succeed. This all-inclusive approach not only simplifies the entrepreneurial journey but also creates a steady revenue stream for the company.
Moreover, doola’s partnership with YCombinator (S20) has provided the company with valuable exposure and credibility. This association has helped Doola attract diverse clients, further boosting its revenue potential. Today, hundreds of companies have launched with doola’s support, and the company continues to grow.
Some More Stories
Vision and Mission: Empowering Global Entrepreneurs
Doola’s vision is to empower entrepreneurs worldwide by providing the tools and support they need to establish and grow their businesses in the U.S. The company’s mission is to simplify the incorporation process, making it accessible and straightforward for everyone, regardless of their geographical location.
Arjun and his team are committed to helping entrepreneurs navigate the complexities of legal and administrative requirements. By offering hands-on support and a comprehensive suite of services, Doola ensures that its clients can focus on their core business activities, confident that they are in good hands.
Whether you’re a seasoned entrepreneur or just starting, doola is your trusted partner in establishing a U.S. business. With a focus on accessibility, simplicity, and ongoing support, doola transforms the daunting task of company formation into a seamless experience. Ready to take your business to the next level? Reach out today, and let’s start this journey to success together!
Frequently Asked Questions (FAQs)
What is doola?
Doola, based in New York, assists global web2 and web3 entrepreneurs in forming U.S. LLCs, C Corps, and DAO LLCs with a full range of services from initial setup to ongoing financial and tax support.
How does it generate revenue?
Doola earns revenue through its “Business in a Box” solutions, offering company formation, EIN acquisition, U.S. address and bank setup, financial tools, and ongoing bookkeeping and tax services.
Who founded doola?
Founded by Arjun Mahadevan, formerly of Dropbox, doola aims to empower entrepreneurs by simplifying U.S. business formation.
What sets it apart?
Doola stands out by tailoring its services to meet the specific needs of web2 and web3 entrepreneurs, providing comprehensive support from inception to growth.
Who are its users?
Doola serves global entrepreneurs looking to establish U.S. entities, including both web2 and web3 sectors, ensuring accessibility and support throughout the process.
What is doola’s vision?
Doola envisions empowering entrepreneurs worldwide by facilitating easy and inclusive access to U.S. business incorporation, regardless of their location.
Source: KAROSTARTUP