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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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Cloud Stocks: Analysis of Salesforce’s LevelJump Acquisition

Posted on Friday, Dec 3rd 2021
salesforce

Salesforce (NYSE: CRM) recently announced its third-quarter results that continued to surpass market expectations. The company is banking on acquisitions and partnerships to continue to drive its stellar growth.

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Featured Videos

Best of Bootstrapping: Bootstrapping Edge Hosting to $18 Million

Posted on Friday, Dec 3rd 2021

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. 

Vlad Friedman, CEO of Edge Hosting, had built his business using only bank financing when we spoke in 2016. Read how he did it and learn more about non-dilutive financing mechanisms.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Vlad Friedman: I was originally born in Ukraine back in 1973. In 1979, my family decided to immigrate to the United States. I came to Baltimore, Maryland at the age of six from Kiev. My family and I have lived here ever since.

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Solo Student Entrepreneur to Over $50M Revenue: Chess.com CEO Erik Allebest (Part 5)

Posted on Friday, Dec 3rd 2021

Sramana Mitra: Why do you need 300 people? The demand meant bigger server investment. Where does the people angle come in?

Erik Allebest: We take our customer support very seriously. We believe that taking care of our community is a big deal. When you have five times as many active users, you need five times as many support agents. We scaled up our support team significantly. Also, we’ve been adding to our international team significantly. The amount of content and translations require larger teams to translate and take care of all of the international growth.

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Video FAQs

Bootstrapping an Artificial Intelligence Startup with Services: Nitesh Chawla, Founder, Aunalytics (Part 5)

Posted on Friday, Dec 3rd 2021

Sramana Mitra: The main question I am asking is at what point did you start productizing?

Nitesh Chawla: We started thinking about it from a services perspective. One thing that’s true today is that in the mid-market, you must have a partnership services model attached to it. It needs human expertise along the way. Having said that, in about 2013 or 2014, we were doing our first demo of Aunsight 1.0. In 2013, we launched it. We came out with a data platform.

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555th Roundtable For Entrepreneurs Starting NOW: Live Tweeting By @1Mby1M

Posted on Thursday, Dec 2nd 2021

Today’s 555th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, December 2, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. Click HERE to join. PASSWORD: startup  All are welcome!

Solo Student Entrepreneur to Over $50M Revenue: Chess.com CEO Erik Allebest (Part 4)

Posted on Thursday, Dec 2nd 2021

Sramana Mitra: What about the business model?

Erik Allebest: We didn’t know. At first, we thought we’d be selling ads against it. We quickly realized that it wasn’t going to pay for itself. Also, we didn’t love ads as users. But we had this content that we had bought along with the domain name called Chess Mentor. It was a teaching product. You would get a chessboard and you’d make a move. It’d tell you if it was good or bad, and why.

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IPOs 2021: Couchbase Goes Public in Crowded Database Market

Posted on Thursday, Dec 2nd 2021
couchbase

The global NoSQL market size is projected to grow at 28% CAGR to reach $13.6 billion by 2027 from $2.3 billion in 2020. Couchbase (Nasdaq: BASE), a leading vendor in the market, went public earlier this year.

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Bootstrapping an Artificial Intelligence Startup with Services: Nitesh Chawla, Founder, Aunalytics (Part 4)

Posted on Thursday, Dec 2nd 2021

Sramana Mitra: The other thing that you said is early validation. If you look at our work, we use different kinds of bootstrapping techniques. One of them is Bootstrapping using Services. What you’re describing is exactly that, which is going to customers and taking services projects with a specific problem domain in mind. Then you productize based on a bunch of projects.

Nitesh Chawla: Yes. You can bleed yourself and take a bunch of capital. Then you’re raising capital and selling what you have built. The second thing that happened was there were a couple of clients who believed in us.

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