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.
Nowadays, startups can be built while a founder is still fully employed. Many entrepreneurs start as solo founders and achieve great progress until they need a team. Virtual teams are common these days and easily affordable.
At 1Mby1M, we support employed entrepreneurs and solopreneurs who are at the very beginning of their journeys. They might not even know what to build or how to build it.
We encourage entrepreneurs not to quit their day job until their business becomes fundable or sustainable.
Hundreds of thousands of entrepreneurs get rejected by investors and accelerators every year. Y Combinator rejects over 95% of their applicants. Andreessen Horowitz rejects 99% of theirs.
In this mind-boggling stream of rejections, there are numerous high potential companies that need to bootstrap their way to fundability or sustainability.
We accelerate their learning with the 1Mby1M Curriculum and over 1000 case studies of real-life success stories.
We support their fund-raising efforts through personal introductions to investors.
If you enjoy this course, check out 1Mby1M Basic, our curriculum-only option.
If you’re trying to assess why you’re getting rejections, use the 1Mby1M Self-Assessment.
According to a MarketsAndMarkets report, the global business intelligence (BI) market is expected to grow at a CAGR of 7.6% to reach $33.3 billion by 2025. Sunnyvale-based ThoughtSpot is among the leading players in the market that hopes to make analytics easier for all users.>>>
Entrepreneurs are invited to the 527th FREE online 1Mby1M Mentoring Roundtable on Thursday, April 15, 2021, 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, advice on next steps, and answers to any of your questions. Others can register to “attend” to watch, learn, and interact through the online chat.
You can learn more here and register to pitch or attend here. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome!
Sramana Mitra: Tell me a bit about the premise of Splashtop. What are you doing in Splashtop?
Mark Lee: When we started in 2006, the company was called DeviceVM. We pivoted in 2011 to become Splashtop. We have been bootstrapping. All of the funding in the first four to five years into the prior business – the DeviceVM business.>>>
Sramana Mitra: Is your core value through the EMR?
Chris Sullens: Yes.
Sramana Mitra: There are general medical EMRs out there. I’m sure you are competing against those. Are there also specialized mental health EMRs?>>>
Remote work has boosted some great trends. Read on for more on the cyber security front.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as Splashtop.>>>
We maintain that one of the best ways to identify complex problems worth solving inside enterprises is by offering services to them, thereby gaining exposure to the domain. DataSong is yet another case in point. After I spoke with Founder John Wallace, DataSong was acquired by MarketShare in 2015.
Sramana Mitra: Let’s start at the beginning. Where are you from? What kind of a backstory leads up to the entrepreneurial story?
John Wallace: I grew up in the South from a pretty modest background.
Recently, Go-To-Market intelligence provider ZoomInfo (Nasdaq: ZI) reported its quarterly results that surpassed market expectations. The company is focusing on expanding its partner network to ensure that it makes a bigger impact on the market.>>>
Chris talks about a set of vertical solutions in the autism care space. Fascinating conversation!
Sramana Mitra: Let’s start at the beginning of your story. Let’s introduce our audience to yourself as well as CentralReach.>>>