Why Most Entrepreneurs Fail to Get Funded

I want to share with you an observation from running the 1Mby1M program since 2008. Almost 700 free mentoring roundtables with over 300k entrepreneurs. Thousands of case studies of successful entrepreneurs – the who’s who of tech startups – through interview based methodology development. Thousands and thousands of premium member coaching sessions.

Entrepreneurs are obsessed with financing. 

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Startup Bhutan: Why the Bootstrap-First Philosophy Is Necessary for Acceleration

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!

Bhutan is one of the most distinctive nations on earth. Guided by the Gross National Happiness (GNH) index, the country’s policies aim to balance economic development with cultural preservation and environmental sustainability. With a population of fewer than 800,000 people and a relatively small economy, Bhutan’s entrepreneurial ecosystem faces unique challenges and opportunities.

Building a Venture Scale Enterprise AI Company from Spain: David Villalon, CEO of Maisa (Part 2)

Sramana Mitra: Double-click down on where you were — what use case you were applying this knowledge processing unit workflow to?

David Villalon: In the early days, that was one of the biggest questions we had to solve.

Sramana Mitra: For your startup, that’s always the biggest question you have to solve.

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Why Stealth Mode Kills More Startups Than It Saves

I want to share with you an observation from running the 1Mby1M program since 2008. Almost 700 free mentoring roundtables with over 300k entrepreneurs. Thousands of case studies of successful entrepreneurs – the who’s who of tech startups – through interview based methodology development. Thousands and thousands of premium member coaching sessions.

Some entrepreneurs are over-anxious about confidentiality. 

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Netflix Continues to Monetize Beyond Streaming

Yesterday, Netflix (Nasdaq: NFLX) reported its third quarter results that missed market earnings expectations. The company continues to expand its monetization capabilities through advertising and franchise business while leveraging AI and ML tools to deliver improved content.

Building a Venture Scale Enterprise AI Company from Spain: David Villalon, CEO of Maisa (Part 1)

David discusses his journey building an enterprise AI venture with 15 large enterprise customers who are implementing real use cases built on the Maisa platform. These use cases are not POC experiments. They are in production. The customer base currently is mostly European enterprises. This is going to be a very valuable company.

Building a Startup Is a Marathon Not a Sprint

I want to share with you an observation from running the 1Mby1M program since 2008. Almost 700 free mentoring roundtables with over 300k entrepreneurs. Thousands of case studies of successful entrepreneurs – the who’s who of tech startups – through interview based methodology development. Thousands and thousands of premium member coaching sessions.

A lot of entrepreneurs are looking for silver bullets. 

They are not necessarily interested in doing the hard work needed to build a sustainable business. 

Building a business is a marathon, not a sprint. 

We don’t have silver bullets. No one does. 

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Best of Bootstrapping: Bootstrapped to $30 Million from Florida

SproutLoud CEO Jared Shusterman shared his wonderful bootstrapping story with me in 2017.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Jared Shusterman: I was born in Miami, Florida. I’m one of the few South Florida natives. I grew up in a middle class family that had a very heavy focus on education. After I graduated high school, I went to the University of Virginia. I got a Bachelors degree with a concentration in Finance and Marketing. Shortly after that, I moved out to San Francisco and worked for an investment bank in the online media practice. That’s the quick summary of my initial upbringing.

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