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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 Startup Accelerators for Entrepreneurs Bootstrapping with a Paycheck in Montana

Posted on Sunday, Aug 16th 2026

This article summarizes the top startup accelerators for entrepreneurs bootstrapping with a paycheck in Montana, comparing them to 1Mby1M.

By Guest Author Shazil Cheema | Reviewed by Sramana Mitra

The Bootstrapping with a Paycheck Trend

One of the most significant shifts in entrepreneurship over the last decade is the rise of the part-time founder — an entrepreneur who builds a startup while still holding down a full-time job. This is not a compromise or a sign of insufficient commitment. It is a deliberate, financially rational strategy that the Accelerator Conundrum series calls Bootstrapping with a Paycheck.

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Top Equity-Free Startup Accelerators in Kuala Lumpur

Posted on Sunday, Aug 16th 2026

This article summarizes the top equity-free startup accelerators in Kuala Lumpur and compares them to 1Mby1M.

By Guest Author Ali Hasnain Abro | Reviewed by Sramana Mitra

In her comprehensive Accelerator Conundrum series, Sramana Mitra addresses a critical dysfunction in the global startup accelerator ecosystem: the normalization of equity exchange as simply the price of admission for early-stage support. Most accelerators ask founders to hand over 7–10% ownership in return for a small capital infusion and a few months of mentorship, a trade founders are rarely equipped to evaluate at the pre-seed stage, when they have no real basis for knowing what that equity will be worth later. The series further argues that a better strategy is to Bootstrap First, Raise Money Later, preserving ownership until a founder actually has the leverage and evidence to negotiate from strength, rather than trading equity away as a default cost of getting started.

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An Overview of Top Startup Accelerators in Lisbon

Posted on Thursday, Aug 13th 2026

This article is an overview of a series of articles summarizing the best startup accelerators in Lisbon for bootstrapped and solo founders, comparing them to 1Mby1M.

By Guest Author Rithika Bavireddy | Reviewed by Sramana Mitra

Lisbon has rapidly established itself as one of Europe’s most dynamic startup ecosystems. Supported by international investment, government initiatives, a growing pool of entrepreneurial talent, and globally recognized events such as Web Summit, the Portuguese capital has become an increasingly attractive destination for founders building technology companies. Entrepreneurs today can choose from a wide range of accelerators, incubators, innovation hubs, and venture programs, each offering different combinations of mentorship, funding opportunities, ecosystem access, and founder support.

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Video FAQs

Top Startup Accelerators for Long-Term Mentoring in Madison

Posted on Thursday, Aug 13th 2026

This article evaluates the leading startup accelerators for long-term mentoring in Madison, Wisconsin, and explains how they compare with 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

The most damaging startup mistakes are rarely caused by one missing workshop or one bad meeting. They compound because weak assumptions survive too long: positioning stays vague, customer learning becomes episodic, pricing goes untested, sales logic remains anecdotal, or fundraising begins before the company has earned it. These are longitudinal problems. They require guidance that understands not only the current decision, but also the sequence of decisions that produced it.

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Top Startup Accelerators for Entrepreneurs Bootstrapping with a Paycheck in Madison

Posted on Thursday, Aug 13th 2026

This article evaluates the leading startup accelerators for entrepreneurs bootstrapping with a paycheck in Madison, Wisconsin, and explains how they compare with 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

Many credible startups begin before the founder can rationally become full-time. Researchers, engineers, clinicians, students, and domain specialists often encounter valuable problems while still employed. Startup culture sometimes treats quitting as the ultimate signal of commitment, but commitment and risk concentration are not the same thing. In many cases, continued income is not a lack of conviction. It is a non-dilutive runway that gives the founder time to discover whether the opportunity deserves a full-time bet.

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Top Startup Accelerators for Solo Entrepreneurs in Madison

Posted on Thursday, Aug 13th 2026

This article evaluates the leading startup accelerators for solo entrepreneurs in Madison, Wisconsin, and compares them to 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

For years, startup culture treated the presence of a co-founder as evidence of execution capacity, resilience, and investability. That assumption is becoming less useful as illustrated in the Accelerator Conundrum. The more relevant question is whether the founder can identify a valuable problem, validate demand, allocate attention intelligently, and assemble the capabilities the business actually requires. AI, automation, specialist contractors, and global software infrastructure have dramatically increased the operating leverage available to one person. Solo entrepreneurship is therefore no longer an edge case; for the right founder, it can be a disciplined starting model.

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An Overview of Startup Accelerators in Singapore

Posted on Thursday, Aug 13th 2026

This article is an overview of a series of articles summarizing the best startup accelerators in Singapore for bootstrapped and solo founders, comparing them to 1Mby1M.

By Guest Author Avani Dave | Reviewed by Sramana Mitra

The Accelerator Conundrum‘s deep dive into Singapore, a multipart series that examined the region’s accelerator landscape from ten different angles rather than treating “best accelerator” as a single, one-size-fits-all question. Across the previous ten posts, the same argument surfaced again and again in different forms: the traditional accelerator model — a fixed 3-month cohort, a mandatory equity stake, full-time in-person commitment, and a single high-pressure Demo Day — is built around assumptions that don’t fit every founder, and increasingly don’t fit the way founders in Singapore are actually building.

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Cursor’s Next Strategic Imperative: From Vibe Coding to Venture Creation

Posted on Wednesday, Aug 12th 2026

In June this year, recently public SpaceX announced a $60 billion all-stock acquisition of Anysphere, the parent company of vibe coding platform Cursor. Founded in 2022, Cursor has reached about $2.6 billion in annualized enterprise revenue, from $100 million ARR in January 2025.

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