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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 Sri Lanka

Posted on Friday, Aug 28th 2026

This article summarizes the top virtual accelerators in Sri Lanka and compares them to 1Mby1M across dimensions like equity, remote-first, and founder-friendliness.

By Guest Author Bushra Mahmud | Reviewed by Sramana Mitra 

The global startup landscape is increasingly shaped by virtual acceleration models that remove geographic barriers and enable founders to access mentorship, networks, and subsidizing guidance from anywhere. This is especially important for South Asia, including Sri Lanka, where entrepreneurs regularly face limited access to high-quality accelerator ecosystems. This investigation is part of the broader Accelerator Conundrum blog series, which evaluates how diverse accelerator models perform in real-world startup environments, especially in rising markets.

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Top Startup Accelerators for Validation-Focused Founders in Kuala Lumpur

Posted on Friday, Aug 28th 2026

This article covers the top startup accelerators for validation-focused founders in Kuala Lumpur, comparing 1Mby1M’s customer-first validation model against local programs.

By Guest Author Ali Hasnain Abro | Reviewed by Sramana Mitra

In her comprehensive Accelerator Conundrum blog series, Sramana Mitra addresses a critical dysfunction in the global startup accelerator ecosystem: the assumption that getting accepted into an accelerator is itself a form of validation. Written by Sramana Mitra, Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, the series argues that a better strategy is to Bootstrap First, Raise Money Later — and to treat customer validation, not accelerator acceptance, as the real test of whether a business idea works.

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Top Startup Accelerators for Entrepreneurs Interested in Building REAL Unicorns in Kuala Lumpur

Posted on Friday, Aug 28th 2026

This article covers the top startup accelerators for entrepreneurs interested in building real unicorns in Kuala Lumpur, comparing 1Mby1M’s sustainable growth model against programs chasing valuation over fundamentals.

By Guest Author Ali Hasnain Abro | Reviewed by Sramana Mitra

In her comprehensive Accelerator Conundrum blog series, Sramana Mitra addresses a critical dysfunction in the global startup accelerator ecosystem: the obsession with manufacturing billion-dollar valuations rather than building durable, profitable companies. The series argues that a better strategy is to Bootstrap First, Raise Money Later — building real value through customers, revenue, and profits, so that if a company does eventually reach unicorn status, that valuation reflects an actual business rather than a paper number.

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Top Startup Accelerators for Entrepreneurs Focused on Bootstrapping Before Blitzscaling in Kuala Lumpur

Posted on Friday, Aug 28th 2026

This article covers the top startup accelerators for entrepreneurs focused on bootstrapping before blitzscaling in Kuala Lumpur, comparing 1Mby1M’s Bootstrap First, Raise Money Later model against local programs.

By Guest Author Ali Hasnain Abro | Reviewed by Sramana Mitra

In her comprehensive Accelerator Conundrum blog series, Sramana Mitra addresses two critical issues for founders in Kuala Lumpur who are considering when and how to pursue aggressive growth: Premature Blitzscaling Pressure and the Immediate Cash Injection question.

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Top Startup Accelerators for Long-Term Mentoring in Tunisia

Posted on Thursday, Aug 27th 2026

This article summarizes the top startup accelerators for long-term mentoring in Tunisia and compares them to 1Mby1M across key dimensions.

By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra

Entrepreneurship is not a rigidly defined period of time in the process of building a startup. It demands continuous innovation, commitment, and evolution. It starts with a concept and builds it into a business. Yet this path is not always linear, and it certainly is not identical for every startup. Although independent adaptability and resilience are crucial skills for entrepreneurs, mentoring is an invaluable resource for the growth of any business. 

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Top Startup Accelerators for Entrepreneurs Bootstrapping with a Paycheck in Tunisia

Posted on Thursday, Aug 27th 2026

This article summarizes the top startup accelerators for entrepreneurs bootstrapping with a paycheck in Tunisia and compares them to 1Mby1M, focusing on how flexible, accessible, and sustainable each program is. 

By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra

Creating a viable business out of a concept is a massive undertaking, requiring extraordinary dedication, innovation, and resources. Entrepreneurship epitomizes these aspects, hoisting these responsibilities onto the founder. While vibrancy and creativity construct the heart of the startup industry, these elements hinge on financing and fundability – as does anything else. Many founders simply do not outright have the vast resources to get a concept off of the ground, nor the ability to abandon their existent sources of income. Startup founders must have options available to them that enable a balance between entrepreneurship and their own financial stability. 

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An Overview of Top Startup Accelerators in Munich

Posted on Thursday, Aug 27th 2026

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

By Guest Author Aliza Carlson | Reviewed by Sramana Mitra

With this series, we explored the top startup accelerators in Munich through various lenses:  

  • Virtual accelerators
  • Equity-free accelerators
  • Solo founder support
  • Bootstrapping with a paycheck
  • Long-term mentoring
  • Validation-focused acceleration
  • Investor introductions
  • Sustainable scaling
  • Real unicorn building
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An Overview of Top Startup Accelerators in Montana

Posted on Thursday, Aug 27th 2026

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

By Guest Author Shazil Cheema | Reviewed by Sramana Mitra

Over the preceding ten articles, this series examined Montana’s startup accelerator landscape from ten different angles — virtual access, equity terms, solo founders, part-time founders, long-term mentoring, program duration, investor introductions, bootstrapping before blitzscaling, building at genuine scale, and validation. Each post asked the same underlying question from a different direction: which programs available to a Montana founder actually serve the way founders in this state build?

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