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Blog » Archive for February, 2023

Generative AI: A Strategy Blueprint for Capital Efficient Entrepreneurship

Posted on Thursday, Feb 16th 2023

Ever since ChatGPT was made available to the general public, everybody is talking about how it will impact the world as we know it.  ChatGPT is a generative pre-trained transformer (GPT) built on top of OpenAI’s GPT-3 family of large language models (LLMs). Generative AI is trained on vast amounts of data that enable it

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599th Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Posted on Thursday, Feb 16th 2023

Today’s 599th FREE online 1Mby1M Roundtable For Entrepreneurs is starting NOW, on Thursday, February 16, 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!

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599th Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Posted on Thursday, Feb 16th 2023

Today’s 599th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, February 16, 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!

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Building a PropTech Venture with a Virtual Team: Discount Lots President Paul Hersko (Part 4)

Posted on Thursday, Feb 16th 2023

Sramana Mitra: All of the properties are in Los Angeles? Paul Hersko: In the desert though, like near Joshua Tree. That’s how we started. We just bought a bunch of properties. Sramana Mitra: Why did you choose outside of Los Angeles area?

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How to Raise Pre-seed Startup Funding

Posted on Thursday, Feb 16th 2023

The toughest round of funding an entrepreneur will seek to raise is pre-seed investment. It has the lowest probability of success, the highest amount of ambiguity, is poorly defined, and causes the greatest amount of confusion and missteps out there. Over 99% of the entrepreneurs who seek financing are rejected. So, my humble advice to

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Building a PropTech Venture with a Virtual Team: Discount Lots President Paul Hersko (Part 3)

Posted on Wednesday, Feb 15th 2023

Sramana Mitra: How do you finance yourselves? Paul Hersko: We have a fund that we run. People can invest in our fund. Let’s say you invest $150,000. We take that money and purchase property with it and provide our investors a return. Then, we sell the land. Sramana Mitra: What behavior are you seeing in

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Thursday, February 16 – 599th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Tuesday, Feb 14th 2023

Entrepreneurs are invited to the 599th FREE online 1Mby1M Mentoring Roundtable on Thursday, February 16, 2023, 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, advice on next steps, and answers to any of your questions. Others

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Best of Bootstrapping: Bootstrapped to $13M in Niche E-commerce

Posted on Tuesday, Feb 14th 2023

If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.  We continue to be bullish about niche e-commerce as a category to build sustainable businesses in. The journey of Pavel Sokolovsky, Co-founder of eComfort.com, is a further illustration of the trend. One year after we spoke in 2014, eComfort.com was acquired by Power Equipment Direct/Ferguson Enterprises.

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