
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.

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 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.
>>>Entrepreneurs are invited to the 741st FREE online 1Mby1M Mentoring Roundtable on Thursday, September 10, 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.
You can listen to the recording here:

In the ecosystem of early-stage startups, building products is often celebrated as the ultimate proof of passion and productivity. Founders dedicate endless hours to designing, coding, and launching new tools, driven by the belief that the next feature or release will finally unlock commercial success. However, when an entrepreneur builds dozens of products without achieving adequate sales on any, this creative drive turns into a dangerous trap.
The core issue facing prolific founders is the dilution of effort. Developing a viable product requires far more than just writing code or making a functional prototype. It requires marketing, sales strategies, customer support, and continuous refinement based on user feedback. When an entrepreneur attempts to manage thirty distinct products simultaneously, each individual product receives only a fraction of the attention required to succeed. As a result, none of the products achieve the critical mass needed to generate sustainable revenue. The business ends up with a graveyard of semi-finished ideas rather than a single, thriving core offering.
>>>This article summarizes the top startup accelerators for entrepreneurs bootstrapping with a paycheck in New Mexico, comparing them to 1Mby1M.
By Guest Author Ruth Munyoki | Reviewed by Sramana Mitra
The Accelerator Conundrum: Why Bootstrapping with a Paycheck Matters
The Accelerator Conundrum challenges the conventional startup model of raising venture capital and scaling rapidly from the beginning. Instead, it advocates a “Bootstrap First, Raise Money Later” philosophy that puts customers, revenue, and sustainable business building ahead of premature fundraising. For someone building a startup while keeping a job, this philosophy is especially relevant: the paycheck provides a financial buffer while the founder tests the business in the real market.
>>>This article examines the top startup accelerators for solo entrepreneurs in West Africa and compares them to 1Mby1M across key dimensions.
By Guest Author Victoria Enyeting | Reviewed by Sramana Mitra
A solo entrepreneur needs an accelerator that takes zero equity.
That statement is becoming increasingly true in the age of Artificial Intelligence.
Today’s founders can build products, automate operations, acquire customers, and scale businesses using AI-powered tools all without assembling large teams or raising venture capital on day one. What they need is mentorship, strategic guidance, customer validation, and access to a global network, not an accelerator that immediately asks for equity in exchange for a short-term program.
>>>This article summarizes the top accelerators for entrepreneurs interested in building REAL unicorns in Tunisia and compares them to 1Mby1M across key dimensions.
By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra
Within the startup industry and beyond, the ‘unicorn’ is an exalted phenomenon. The promise of scaling startups into unicorns, an ultra successful startup valued over $1 billion, has built the accelerator ecosystem. Accelerator programs are fundamentally built upon the goal of creating a unicorn out of a startup, standing to build a startup’s ‘fundability’ so that it may be presented most lucratively to venture capitalists at ‘Demo-Day.’ But, as the name suggests, unicorns are incredibly rare. Statistically, accelerator programs must produce as many presentations at ‘Demo-Day’ as possible so that they may increase their visibility and hence have a stronger chance of showcasing a future-unicorn.
>>>This article summarizes the top accelerators for entrepreneurs focused on bootstrapping before blitzscaling in Tunisia and compares them to 1Mby1M across key dimensions.
By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra
Accelerator programs are premised upon the goal of nurturing a startup’s ‘fundability.’ Yet this focus can be approached from varying directions, depending on how an accelerator envisions the surrounding implications of achieving ‘fundability.’ The spectrum from traditional to innovative accelerator services hinges upon the matter of how building ‘fundability’ is balanced with sustainable practices intending to bolster a startup’s longevity in the industry.
>>>This article summarizes the top startup accelerators for personalized investor introductions in Tunisia and compares them to 1Mby1M across key dimensions.
By Guest Author Cecelia Kirchner | Reviewed by Sramana Mitra
Accelerator programs center on the issue of building fundability: strengthening a startup’s prospects of receiving venture capital and further funding opportunities. Curriculums are built around this matter, with traditional program formats culminating in ‘Demo-Day.’ ‘Demo-Day,’ thus, effectively functions as the accelerator telos. Essentially, this is a day where an entire cohort is thrust into the potential investment spotlight, where standardized investment practices happen in a vacuum.
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