The Power of Bootstrapping: Achieving Small Exits for Capital-Efficient Startups

I’m a big advocate for building small, capital-efficient startups. Not all entrepreneurs need to chase Unicorns. Not all investors need to chase Unicorns. There are many more viable ideas for those smaller ventures and there are considerably more opportunities for their exits, which means cashing in earlier on your hard work.

One type of exit is under $50 million, and to achieve that, your strategy should be to build a capital-efficient company that shows product-market fit in an efficient, bootstrapped manner.

That capital-efficient strategy is required for all stakeholders to make money when harvesting through smaller exits.

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Exploring the Trend of AI Startups: Opportunities, Lessons, and White Space

One of the single hottest trends in technology startups is Artificial Intelligence (AI). Machine Learning, Natural Language Processing, and various other nuances are being constantly applied to problems up and down the alleyways of all industries, from manufacturing, to retail, to education, to drug discovery.

All the methodology building blocks you have been learning through the 1Mby1M entrepreneurship fundamentals courses apply.

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April Udemy Coupons for Tech Startup Courses

As a part of our aim to democratize entrepreneurship education at scale globally, we have packaged our proven 1Mby1M methodology for building technology startups into short courses on Udemy.

In addition to offering you up to 85% off all of our Udemy courses this month, we are introducing three new courses. Each contains informative and inspirational case studies of startups and entrepreneurs who have successfully navigated the Cyber Security, FinTech, and IoT domains:

How to Build a Cyber Security Startup with Sramana Mitra

How to Build a FinTech Startup with Sramana Mitra

How to Build an IoT Startup with Sramana Mitra

Here are the up to 85% off coupon codes for all of our courses on Udemy. These coupons expire on April 30, 2023, so enroll today!

Bootstrapping:

Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MAPR2023BTS

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How to Use Your AI, ML and Big Data Knowledge to Bootstrap a Startup

Let’s talk about the field of medicine. If you think about what a doctor needs to do to diagnose an illness, she needs to consider all the symptoms, take into account all the test results, consider all the treatment options, factor in all the side-effects of various medications and their interplay with other medications the patient is already taking. 

This is, effectively, a multivariate optimization problem that a doctor has to do in her head. And, she needs to keep up with all the new research and advances in medical science, and factor those in as well. The field of medicine is full of incorrect diagnosis and mistreatment of illnesses. Now, if you replace this whole process with software, which IBM is trying to do with their Watson supercomputer, medical diagnosis becomes a truly scientific, deterministic process. 

I can tell you, if I have the option of being diagnosed by software versus a human doctor, I would always prefer software. It would be far more accurate.

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The Paradigm Shift in EdTech: Why Online Learning Startups Are the Future

Online learning has exploded in popularity over the last decade. In Covid, the field has found a tremendous force multiplier.

Many founders are now turning to online education for startup ideas. Here’s why: it can be extremely profitable because online courses do not require physical classrooms, startup costs are more affordable, and startup time frames are shorter. The ability to scale fast makes this space very attractive for new ventures.

The education world has made a shift in the last decade from a sage-on-stage model to a guide-on-side model. In the former, teachers lectured to students in an auditorium format. In the latter, kids were assigned YouTube or Khan Academy videos as homework, and they did exercises in class with the teacher assisting as needed.

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March Udemy Coupons for Tech Startup Courses

Over the course of several years, we have fine-tuned our proven methodology for building tech startups. We have packaged the 1Mby1M methodology into short courses on Udemy. This is an extension of our strategy to democratize entrepreneurship education at scale, globally.

Here are the up to 85% off coupon codes for all of our courses on Udemy. These coupons expire on March 31, 2023, so enroll today!

Bootstrapping:

Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MMAR2023BTS

Bootstrapping a Startup with a Paycheck with Sramana Mitra: TRY1MBY1MMAR2023PAY

Bootstrapping a Startup with Services with Sramana Mitra: TRY1MBY1MMAR2023SVC

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February Udemy Coupons for Tech Startup Courses

Over the course of several years, we have fine-tuned our proven methodology for building tech startups. We have packaged the 1Mby1M methodology into short courses on Udemy. This is an extension of our strategy to democratize entrepreneurship education at scale, globally.

Here are the $12.99 coupon codes for all of our courses on Udemy. These coupons expire on February 28, 2023, so enroll today!

Bootstrapping:

Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MFEB2023BTS

Bootstrapping a Startup with a Paycheck with Sramana Mitra: TRY1MBY1MFEB2023PAY

Bootstrapping a Startup with Services with Sramana Mitra: TRY1MBY1MFEB2023SVC

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December Udemy Coupons for Tech Startup Courses Based on 1Mby1M Methodology

Over the years, we have developed a proven methodology for building tech startups. We have packaged the 1Mby1M methodology into short courses on Udemy. This is an extension of our strategy to democratize entrepreneurship education at scale, globally.

Here are the $12.99 coupon codes for all of our courses on Udemy. These coupons expire on December 30, 2022, so enroll today!

Bootstrapping:

Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MDEC2022BTS

Bootstrapping a Startup with a Paycheck with Sramana Mitra: TRY1MBY1MDEC2022PAY

Bootstrapping a Startup with Services with Sramana Mitra: TRY1MBY1MDEC2022SVC

How to Bootstrap Startups by Piggybacking with Sramana Mitra: TRY1MBY1MDEC2022PIG

How to Bootstrap a Startup to Exit with Sramana Mitra: TRY1MBY1MDEC2022EXT

How To Succeed As A Solo Entrepreneur with Sramana Mitra: TRY1MBY1MDEC2022SOL

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