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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 Building REAL Unicorns in Madison

Posted on Tuesday, Aug 18th 2026

This article evaluates the top startup accelerators for building REAL unicorns in Madison and explains how they compare with 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

A billion-dollar valuation can describe a financing event without describing the quality of the underlying company. Real category leadership requires customers who care, a position competitors cannot easily erase, economics that support growth, and an organization capable of surviving when capital becomes expensive. The Accelerator Conundrum reframes ambition around those fundamentals. The objective is not to manufacture the appearance of a unicorn; it is to build a company whose market power and operating quality can justify extraordinary scale.

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Featured Videos

Top Startup Accelerators for Bootstrapping Before Blitzscaling in Madison

Posted on Tuesday, Aug 18th 2026

This article evaluates the top startup accelerators for bootstrapping before blitzscaling in Madison, and explains how they compare with 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

Blitzscaling is a force multiplier, not a discovery process. Capital, headcount, and market expansion can accelerate a working engine, but they also magnify weak positioning, uncertain demand, and poor unit economics. The strategic mistake is not scaling aggressively; it is scaling before the company has earned the right to do so. The Accelerator Conundrum series argues for a stronger sequence: validate the market, prove the economic engine, and then deploy speed where speed can create defensible advantage.

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Top Startup Accelerators for Personalized Investor Introductions in Madison

Posted on Tuesday, Aug 18th 2026

This article evaluates the top startup accelerators for personalized investor introductions in Madison and explains how they compare with 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

Investor access is one of the most marketable promises in the accelerator industry, but access has value only when the company is ready to convert it. A founder can meet dozens of investors and still make no progress if the business is poorly positioned, the timing is premature, or the capital source is mismatched. The more disciplined sequence is to earn fundraising leverage first, then spend investor attention selectively. The Accelerator Conundrum series reinforces this sequencing discipline: build customer and business evidence first, then approach investors from a position of readiness and leverage.

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Video FAQs

Top Startup Accelerators for the Marathon, not a 3-Month Sprint, in Madison

Posted on Tuesday, Aug 18th 2026

This article evaluates the leading startup accelerators for the marathon, not a 3-month sprint, in Madison for founders building for the long-term rather than optimizing around a three-month sprint, and explains how they compare with 1Mby1M.

By Guest Author Md Rumman Ali | Reviewed by Sramana Mitra

The startup industry often mistakes a shorter timetable for a faster company. A three-month sprint can sharpen focus, improve a pitch, and expand a network. Still, it cannot force product-market fit, repeatable sales, sound unit economics, or organizational maturity to materialize on schedule. The useful distinction is between compressing activity and accelerating learning. The first creates motion; the second creates a better company. The Accelerator Conundrum challenges this compression by arguing that founders should optimize for durable customer, revenue, and operating evidence rather than a three-month performance of readiness.

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August 20 – 739th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Monday, Aug 17th 2026

Entrepreneurs are invited to the 739th FREE online 1Mby1M Mentoring Roundtable on Thursday, August 20, 2026, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST.

If you are a serious entrepreneur, register to Pitch and sell your business idea. You’ll receive straightforward feedback from Sramana Mitra, advice on next steps, and answers to any of your questions. Others can register to Attend to watch and learn.

You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Please share with any entrepreneurs in your circle who may be Interested.

738th 1Mby1M Mentoring Roundtable Recording

Posted on Monday, Aug 17th 2026

In case you missed it, you can listen to the recording here:

Roundtable Recap: August 13 – Entrepreneurs Need Methodology-Grounded AI Mentorship

Posted on Monday, Aug 17th 2026

Generative AI has made it dramatically easier to build a startup. Entrepreneurs can use tools like ChatGPT, Claude, and Gemini to write code, build applications, research markets, create marketing content, and analyze business ideas in minutes. However, access to information is not the same as access to mentorship. A generic AI assistant can answer almost any question, but entrepreneurship requires more than isolated answers. Founders need a framework for evaluating assumptions, understanding trade-offs, and making disciplined decisions.

This is where AI mentorship for entrepreneurs differs from a generic chatbot. Consider a founder asking, “Should I raise venture capital?” A generic AI can explain valuation, dilution, fundraising, and investor expectations. A methodology-grounded AI mentor asks a more fundamental question: Do you actually need outside capital? The same principle applies to decisions about quitting a job, hiring, scaling, pricing, and giving up equity. Rather than automatically recommending growth and fundraising, the goal is to determine what the business actually needs to reach customers, generate revenue, and become viable.

The 1Mby1M AI Mentor is built around a specific entrepreneurial methodology developed through more than 20 years of mentoring content, 700+ mentoring sessions, and 1,000+ startup case studies. Its philosophy emphasizes customer validation, capital efficiency, revenue generation, sustainable growth, and founder ownership. The methodology starts with Bootstrap First, Raise Money Later or Not at All, encouraging entrepreneurs to validate customers and revenue before assuming that external capital is necessary. For a deeper comparison, read my research paper comparing the 1Mby1M AI Mentor with generic LLMs.

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Top Startup Accelerators for Entrepreneurs Focused on Bootstrapping before Blitzscaling in Montana

Posted on Monday, Aug 17th 2026

This article summarizes the top startup accelerators for entrepreneurs focused on bootstrapping before blitzscaling in Montana, comparing them to 1Mby1M.

By Guest Author Shazil Cheema | Reviewed by Sramana Mitra

Why Blitzscaling Out of the Gate Is the Wrong Default

Blitzscaling — prioritizing speed of growth over efficiency, funded by large rounds raised early — became the dominant orthodoxy of the startup world over the last decade. Raise first, hire aggressively, spend to acquire users, and sort out the economics later. The strategy produced a handful of category-defining outcomes, and the ecosystem generalized from those outliers into a default that every startup is now expected to follow.

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