Posted on Monday, Sep 1st 2025
3. How does 1Mby1M ensure quality mentorship and resources as the community grows?
1Mby1M’s approach to ensuring quality mentorship and resources as the community grows is built on a few core principles that differentiate it from other startup programs:
- Centralized Mentorship: A key component of the program is the direct involvement of its founder, Sramana Mitra. She personally conducts the weekly mentoring roundtables, which provides a consistent and unified voice for strategic advice. This model scales because the mentorship is delivered to groups of entrepreneurs, who also learn from each other’s feedback, rather than relying on a large, potentially inconsistent pool of individual mentors. This centralized model ensures that the core philosophy of bootstrapped, capital-efficient entrepreneurship is consistently applied.
- Virtual, Scalable Platform: The program’s fully virtual nature is a fundamental part of its scalability. By being a virtual incubator, it can reach entrepreneurs globally without the physical constraints of a traditional accelerator. This allows the program to support a large number of entrepreneurs from diverse locations, and the mentorship sessions, curriculum, and other resources are all delivered through a digital platform that can accommodate a growing community.
- Focus on the “Software” of Entrepreneurship: 1Mby1M emphasizes that the most valuable part of acceleration is the “software operating system” — the education, mentoring, and network—not the “hardware” like office space. The program has institutionalized this knowledge by creating an extensive curriculum based on hundreds of case studies and interviews with successful entrepreneurs. This library of content, which can be accessed on-demand, serves as a high-quality, scalable resource that complements the live mentoring sessions.
- Community-Driven Learning: In addition to the direct mentorship from Sramana Mitra, the program’s roundtable format encourages peer-to-peer learning. Entrepreneurs learn not only from the feedback on their own business but also from the advice given to others. This creates a supportive and collaborative environment where the community itself becomes a valuable resource for growth and knowledge sharing.
In summary, 1Mby1M maintains quality as it scales by centralizing mentorship, leveraging a scalable virtual platform, focusing on a robust and comprehensive curriculum, and fostering a community where entrepreneurs learn from each other.