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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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November 5 – 748th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Friday, Oct 30th 2026

Entrepreneurs are invited to the 748th FREE online 1Mby1M Mentoring Roundtable on Thursday, November 5, 2026, at 8 a.m. PST / 11 a.m. EST / 5 p.m. CET / 9:30 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.

Featured Videos

747th 1Mby1M Mentoring Roundtable Recording

Posted on Friday, Oct 30th 2026

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

Roundtable Recap: October 29 – How to Compete and Exit in a Market that has Already had a Major Acquisition

Posted on Friday, Oct 30th 2026

During last week’s roundtable, an early stage B2B software founder presented a venture operating in a market segment recently reshaped by a significant event. Atlassian acquired the dominant category leader.

In this market, enterprise customers are overwhelmingly controlled by Atlassian and no other equivalent strategic acquirer exists at the top tier. For an emerging startup, competing head to head for enterprise deals against an incumbent with deep distribution and native platform integration presents severe customer acquisition and scaling hurdles. Furthermore, with the primary logical acquirer off the table, the likelihood of a high valuation, top tier exit in the enterprise segment is minimal.

Strategy & Recommendation

Rather than burning capital competing directly against Atlassian’s enterprise monopoly or holding out for a rare mega exit, the recommended path focuses on capital efficiency, targeted positioning, and a pragmatic outcome:

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Video FAQs

Everpure’s AI-Focused Product Strategy Pays Off

Posted on Tuesday, Oct 27th 2026

AI is fueling the need for data centers that are replacing traditional hard drives with high-speed flash storage. Storage and data management player Everpure (NYSE: P), formerly known as Pure Storage, is riding this boom. The stock has climbed more than 80% year to date.

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October 29 – 747th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Friday, Oct 23rd 2026

Entrepreneurs are invited to the 747th FREE online 1Mby1M Mentoring Roundtable on Thursday, October 29, 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.

746th 1Mby1M Mentoring Roundtable Recording

Posted on Friday, Oct 23rd 2026

In case you missed it, you can listen here:

Roundtable Recap: October 22 – Why $1.5M in Revenue and Profitability Still Won’t Get You VC Money

Posted on Friday, Oct 23rd 2026

At last week’s 1Mby1M Mentoring Roundtable, I coached an entrepreneur who reached a fantastic milestone: $1.5M in revenue, approaching profitability, built over five years with friends and family funding.

He came to the roundtable wanting to raise venture capital. He showed me a portfolio of 250 products, though, predictably, a handful generated almost all the revenue.

His achievement is commendable. Building a cash-flowing, multi-product business on lean capital is real entrepreneurship. However, my advice to him was a stark reality check. In his current structure, no institutional VC will touch this company.

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Analysis of Adobe’s Topaz Labs Acquisition

Posted on Tuesday, Oct 20th 2026

Adobe’s (NASDAQ: ADBE) stock has had a tough run this year as the market continues to worry about how Adobe competes with AI’s growing capabilities. The company is addressing the concern through acquisitions and product development. Its recent quarterly results remain impressive but have failed to drive the stock value upwards.

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