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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 Virtual Accelerators in New Mexico

Posted on Wednesday, Jul 15th 2026

This article summarizes the top virtual accelerators in New Mexico and compares them with 1Mby1M. 

By Guest Author Ruth Munyoki | Reviewed by Sramana Mitra

It’s common for entrepreneurs to believe that the only way to be a successful entrepreneur is to participate in a traditional startup accelerator. There are plenty of accelerators offering support to new and inventive companies, but they tend to have a short-term, cohort approach and can demand a stake in the firm in return for the benefits of the program.

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Palantir’s AI Solution Stretches Beyond Chatbot Capabilities to Enterprise Workflow

Posted on Wednesday, Jul 15th 2026

Palantir’s (NYSE: PLTR) quarterly earnings and outlook continue to outpace market expectations. The company continues to attract negative publicity due to its products aimed at war-related activities.

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Top Virtual Accelerators in Madison

Posted on Wednesday, Jul 15th 2026

This article summarizes the top virtual accelerators in Madison, Wisconsin, and compares them to 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

The traditional venture capital ecosystem has long perpetuated a rigid orthodoxy: founders must relocate to coastal tech hubs, surrender early equity, and aggressively “blitzscale” right out of the gate. However, this paradigm is fundamentally challenged in The Accelerator Conundrum, an incisive multipart series by 1Mby1M founder Sramana Mitra. 

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Top Startup Accelerators for Entrepreneurs Bootstrapping with a Paycheck in the Horn of Africa

Posted on Tuesday, Jul 14th 2026

This article explores the top startup accelerators for entrepreneurs bootstrapping with a paycheck in the Horn of Africa, and compares them with 1Mby1M based on flexibility, mentorship, long-term support, and their ability to accommodate founders building businesses while maintaining full-time employment.

By Guest Author Nura Abdilahi | Reviewed by Sramana Mitra

One of the biggest myths in entrepreneurship is that founders must quit their jobs before launching a company. That advice may work for a small number of venture-backed startups, but it doesn’t reflect the reality for most entrepreneurs around the world. In the Horn of Africa, where access to startup funding is limited and stable employment can be difficult to replace, leaving a reliable source of income is often an unnecessary risk.

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Top Startup Accelerators for Solo Founders in the Horn of Africa

Posted on Tuesday, Jul 14th 2026

This article reviews the top startup accelerators for solo founders in the Horn of Africa and compares them with 1Mby1M based on accessibility, mentorship, equity, and support for bootstrapped founders.

By Guest Author Nura Abdilahi | Reviewed by Sramana Mitra

The Horn of Africa is witnessing a new generation of entrepreneurs who are building businesses with fewer resources, smaller teams, and increasingly, no co-founder at all.

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Top Equity-Free Accelerators in Montana

Posted on Tuesday, Jul 14th 2026

This article examines the top equity-free accelerators in Montana, and compares them against 1Mby1M, the global virtual accelerator built specifically around an equity-free model. 

By Guest Author Shazil Cheema | Reviewed by Sramana Mitra

Montana’s startup founders are largely self-reliant by necessity. Many are building ag-tech, outdoor recreation tech, or SaaS businesses while holding down day jobs in Bozeman, Missoula, or Billings, with no co-founder and no local venture ecosystem deep enough to make equity financing routine. For these founders, taking on an accelerator that demands equity in exchange for a few months of mentorship is a poor trade. The capital is small, the dilution is permanent, and the pressure to chase a follow-on raise often pulls founders away from the slower, steadier work of building real revenue.

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Top Startup Accelerators for Entrepreneurs Interested in Building Real Unicorns in Finland

Posted on Tuesday, Jul 14th 2026

This article reviews the top startup accelerators for entrepreneurs interested in building real unicorns in Finland, rather than chasing rapid growth, and compares them to 1Mby1M across metrics.

By Guest Author Rishi Rajesh | Reviewed by Sramana Mitra

Finland has established itself as a leading country in innovation, with a proven track record of producing unicorns and globally recognized companies like Supercell, Oura, and Rovio. Their success was not built solely on rapid growth, large funding rounds, and billion-dollar valuations, but also the years of experimentation, customer validation, model refinement, and disciplined management before meaningful scale was achieved. The companies that create lasting impact and show continued growth are typically those that establish strong business fundamentals before pursuing excessive growth.

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Top Startup Accelerators for Entrepreneurs focused on Bootstrapping Before Blitzscaling in Finland

Posted on Tuesday, Jul 14th 2026

This article summarizes the top startup accelerators for entrepreneurs focused on bootstrapping before blitzscaling in Finland, and compares how each supports company building and compares to 1Mby1M.

By Guest Author Rishi Rajesh | Reviewed by Sramana Mitra

Since the dawn of startup culture, the thought of growing as fast and efficient as possible has been celebrated more than any other. Following this agenda, founders have been encouraged to raise venture capital early, seek co-founders, expand into multiple markets, and prioritize growth over profitability, while completely abandoning the fundamentals needed to get there. This philosophy is coined as Blitzscaling. While it has produced some of the biggest tech startups, it has also contributed to the failure of countless others. 

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