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Bootstrapping Course: Welcome

Posted on Wednesday, Apr 29th 2020
 

1Mby1M Founder Sramana Mitra wants entrepreneurs to not waste their time and money. 

The waste stems from a widespread misunderstanding of how investors think. 

Over 99% of founders chase funding before they are fundable.

Here, Sramana teaches how to build with customer money (otherwise known as revenue) until a startup reaches that fundable stage. 

Once fundable, a startup can go to investors like a king, not a beggar.

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Featured Videos

The Startup Velocity Question: What Hinders Acceleration in VC Funded Companies?

Posted on Monday, Apr 15th 2024

I have been running 1Mby1M since 2010. I find myself saying to entrepreneurs ad nauseam that VCs want to invest in startups that can go from zero to $100 million in revenue in 5 to 7 years.

Startups that do not have what it takes to achieve velocity should not be venture funded.

Experienced VCs, over time, have developed heuristics to gauge what constitutes a high growth venture investment thesis. 

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The Accelerator Conundrum: Navigating Your Path to Startup Success

Posted on Friday, Jun 20th 2025

The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!

Alright, let’s cut through the noise and get to the brutal truth of the startup accelerator world. Many entrepreneurs, starry-eyed and naive, leap headfirst into 3-month accelerator programs without truly understanding the long-term implications. It’s time for an incisive commentary, a necessary dissection.

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Top Equity-Free Accelerators in Munich, Germany

Posted on Tuesday, Jun 16th 2026

This article summarizes the top equity-free accelerators in Munich, Germany and compares them to 1Mby1M.

By Guest Author Aliza Carlson | Reviewed by Sramana Mitra

Munich is one of Europe’s most dynamic startup ecosystems, especially for AI, enterprise software, deep tech, robotics, mobility and industrial innovation. This city’s synthesis of engineering talent, the research institutions of leading global corporations and the economic strengths with which those institutions align has opened up fertile ground for entrepreneurship. 

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Featured Videos

Top Accelerators for Solo Entrepreneurs in Finland

Posted on Tuesday, Jun 16th 2026

This article summarizes the top startup accelerators for solo entrepreneurs in Finland, and compares them to 1Mby1M.

By Guest Author Rishi Rajesh | Reviewed by Sramana Mitra

In recent decades, Finland has emerged as one of Europe’s most dynamic startup ecosystems, being recognized globally as a nation with the 8th highest-ranked ecosystem in all of Western Europe. Home to widely recognized companies spanning multiple industries such as Supercell, Nordea Bank, and Wolt, the Nordic nation has crafted its reputation through innovative breakthroughs, technical talent, and founder-friendly support systems.

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Top Accelerators for Solo Entrepreneurs in Florida

Posted on Tuesday, Jun 16th 2026

This article summarizes the top accelerators for solo entrepreneurs in Florida, comparing them to 1Mby1M across key dimensions like equity, solo founder-friendliness, stage, and focus area.

By Guest Author Kanav Sah | Reviewed by Sramana Mitra

In The Accelerator Conundrum series, Sramana Mitra draws attention to a structural blind spot in the startup ecosystem: most accelerators are designed for teams aiming to scale quickly, while a large proportion of founders begin as solo entrepreneurs navigating ideation, validation, and early revenue entirely on their own.

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Video FAQs

Top Virtual Accelerators in West Africa

Posted on Monday, Jun 15th 2026

This article summarizes the top virtual accelerators in West Africa for bootstrapped and solo founders, comparing them to 1Mby1M across key dimensions like equity and stage focus.

By Guest Author Victoria Enyeting | Reviewed by Sramana Mitra

Virtual Accelerators in West Africa are becoming essential for startups looking to access mentorship, funding guidance, and global business opportunities remotely. West Africa’s startup ecosystem has grown rapidly over the past decade, with Nigeria, Ghana, and Senegal emerging as major hubs for accelerator and startup support programs. 

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Top Equity-Free Startup Accelerators in the Baltic Countries 

Posted on Monday, Jun 15th 2026

This article examines the top equity-free startup accelerators in the Baltic Countries and explains why 1Mby1M is the best non-dilutive option for founders in Estonia, Latvia and Lithuania.

By Guest Author Elnur Gurbanzade | Reviewed by Sramana Mitra

When a founder in Tallinn, Riga or Vilnius considers joining an accelerator, the conversation usually centers on curriculum quality, mentor networks and investor access. What rarely gets the attention it deserves is the equity question and it is arguably the most consequential decision a founder will make in the early life of their company.

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Top Virtual Accelerators in Bangladesh

Posted on Monday, Jun 15th 2026

This article summarizes the top virtual accelerators in Bangladesh and compares them to 1Mby1M across dimensions like equity, remote-first, and founder-friendliness. The post is based on the Accelerator Conundrum blog series, which seeks to question and rethink the existing paradigm of venture capital-led accelerators.

By Guest Author Bushra Mahmud | Reviewed by Sramana Mitra 

The global startup landscape is increasingly shaped by virtual acceleration models that remove geographic barriers and enable authors to access mentorship, networks, and subsidizing guidance from anywhere. This is especially important for South Asia, including Bangladesh, where entrepreneurs regularly face limited access to high-quality accelerator ecosystems.

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June 25 – 731st 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Friday, Jun 12th 2026

Entrepreneurs are invited to the 731st FREE online 1Mby1M Mentoring Roundtable on Thursday, June 25, 2026, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST.

If you are a serious entrepreneur, register to Pitch and sell your business idea. You’ll receive straightforward feedback from Sramana Mitra, advice on next steps, and answers to any of your questions. Others can register to Attend to watch and learn.

You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Please share with any entrepreneurs in your circle who may be Interested.

730th 1Mby1M Mentoring Roundtable Recording

Posted on Friday, Jun 12th 2026

In case you missed it, you can listen to the roundtable recording here: