This article presents an overview of the Caucasus Startup accelerator ecosystem. It explores its strengths and challenges and why the 1Mby1M global virtual accelerator is well-suited for the Caucasus. The Caucasus — often called the “Crossroads of Eurasia” — includes a remarkably diverse mix of countries: Armenia, Georgia, Azerbaijan, and Turkey. Each of these economies
Pre-seed fund-raising is extremely expensive. One of the popular business models in our industry is accelerators investing $200k against 10-15% equity. These are bad terms. Protect your ownership and avoid taking money on these terms. Early in the game, when you do not have much validation, you should NOT raise a priced equity round. Your
This article presents a snapshot of the Middle East Startup accelerator ecosystem and country-level dynamics. It explores its strengths and challenges and why the 1Mby1M global virtual accelerator is well-suited for founders in the Middle East.
There are many entrepreneur mistakes that are perfectly avoidable. You don’t need to make those mistakes yourself to learn from them. I want to give you pointers on how to avoid them. Look at my Udemy course: Case Studies of Entrepreneur Mistakes with Sramana Mitra. Throughout this course we talk about common mistakes that entrepreneurs
There are two completely different ways to build a Unicorn: Bootstrap First, Raise Money Later (the 1Mby1M way), or Speculatively Blitzscale. Your probability of success with the first method is much higher. Let’s look at an example.
Are you a freelancer on Upwork or Fiverr? In the age of AI, you can build a million dollar business by thinking like an entrepreneur. Solo entrepreneurs are becoming the rage now. You have a leg up over them. You are already on your own, outside of the corporate system. You have mastered the art
This article presents an overview of the South Asia Startup accelerator ecosystem. It explores its shortcomings and how 1Mby1M can transform the South Asia startup accelerator ecosystem.
This article presents an overview of the South East Asia startup accelerator ecosystem. It explores its shortcomings for solo founders and why the 1Mby1M global virtual accelerator is well-suited for founders in South East Asia.