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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 Accelerators for Entrepreneurs Who Want to Focus on Validation in the Baltic Countries

Posted on Tuesday, Aug 4th 2026

This article explores accelerators for entrepreneurs who want to focus on validation in the Baltic countries and compares them to 1Mby1M.

By Guest Author Elnur Gurbanzade | Reviewed by Sramana Mitra

Most startups do not fail because founders lack ambition, capital, or talent. They fail because they build something the market never actually wanted, and they discover this only after spending months of runway and, often, investor money. This is the quiet, recurring failure pattern behind a majority of startup shutdowns: a lack of rigorous validation before scaling.

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An Overview of Best Startup Accelerators in Florida

Posted on Tuesday, Aug 4th 2026

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

By Guest Author Kanav Sah | Reviewed by Sramana Mitra

Florida is not one place. It has four very different metro ecosystems, a large Spanish-speaking founder community, and many people building startups on the side while holding down a full-time job. Miami gets most of the attention, but the more interesting story is in Tampa’s SaaS scene, Orlando’s tech ecosystem, Jacksonville’s B2B market, and the thousands of founders across smaller cities who have no local accelerator to turn to at all.

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Top Startup Accelerators for Entrepreneurs Bootstrapping with a Paycheck in Lisbon

Posted on Tuesday, Aug 4th 2026

This article summarizes the top startup accelerators for entrepreneurs bootstrapping with a paycheck in Lisbon and compares them to 1Mby1M across mentorship, funding opportunities, equity-free programs, and founder support options.

Author: By Guest Author Rithika Bavireddy | Reviewed by Sramana Mitra

For decades, startup culture has glorified a particular founder narrative: quit your job, raise venture capital, work around the clock, and scale as quickly as possible. While this story produces headlines, it does not reflect the reality of most successful entrepreneurs.

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Video FAQs

Top Startup Accelerators for the Marathon, not a 3-month Sprint, in Lisbon

Posted on Tuesday, Aug 4th 2026

This article summarizes the top startup accelerators for the marathon, not a 3-month sprint, in Lisbon and compares them to 1Mby1M.

Author: By Guest Author Rithika Bavireddy | Reviewed by Sramana Mitra

Popular startup culture often celebrates speed. Founders are encouraged to move fast, launch quickly, scale aggressively, and achieve rapid growth. Stories about billion-dollar valuations, overnight success, and explosive fundraising rounds dominate headlines and social media feeds. While speed certainly matters in entrepreneurship, these stories can create a misleading impression of how successful companies are actually built. The reality is that most enduring businesses are not created through short bursts of activity. They are built through years of consistent execution, continuous learning, customer feedback, and strategic decision-making.

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Top Startup Accelerators for Solo Entrepreneurs in Tunisia

Posted on Sunday, Aug 2nd 2026

This article summarizes the top startup accelerators for solo entrepreneurs in Tunisia and compares them to 1Mby1M across key dimensions.

By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra

Artificial intelligence (AI) has  burgeoned into industries globally, fundamentally reconfiguring not only how business is conducted but how it is conceptualized. With these algorithms spurring evolution and uncertainty regarding the role of human ability in the workforce, many workers are pivoting and founding startups – in theory, a space premised upon entrepreneurial agency and innovation. Yet, especially for solo entrepreneurs, navigating the systems for scaling and financing startups can be arduous.  

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Top Startup Accelerators for Long-Term Mentoring in Lisbon

Posted on Sunday, Aug 2nd 2026

This article summarizes the top startup accelerators for long-term mentoring in Lisbon and compares them to 1Mby1M across mentoring, funding opportunities, equity-free programs, and founder support options.

By Guest Author Rithika Bavireddy | Reviewed by Sramana Mitra

Most startup founders spend significant time thinking about funding, product development, customer acquisition, and growth. Far fewer spend time thinking about mentoring. Yet mentoring often becomes one of the most important factors influencing startup success.

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Top Startup Accelerators for Solo Entrepreneurs in Lisbon

Posted on Sunday, Aug 2nd 2026

This article summarizes the top startup accelerators for solo entrepreneurs in Lisbon and compares them to 1Mby1M across mentorship, funding opportunities, equity-free programs, and founder support options.

Author: By Guest Author Rithika Bavireddy | Reviewed by Sramana Mitra

As discussed in The Accelerator Conundrum Series, starting a company alone presents unique challenges for entrepreneurs. Solo founders often manage product development, customer acquisition, marketing, operations, fundraising, and strategic decision-making simultaneously. It further highlights why access to mentorship and external support can be particularly valuable for founders building without a co-founding team. 

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Roundtable Recap: July 30 – Founders Need to Learn the Mathematics of Exit

Posted on Friday, Jul 31st 2026

The startup ecosystem is obsessed with unicorns and headline-grabbing valuations, but what is the statistical reality? Approximately 96% of startup exits occur below 100 million dollars, with a substantial portion happening below 50 million dollars.

For most founders, a well-executed strategic acquisition is the true path to liquidity, not an IPO. Yet, accelerator pedagogy remains heavily skewed toward fundraising, leaving entrepreneurs blind to the ownership mechanics that actually dictate personal wealth.

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