Women Entrepreneurs Win by Bootstrapping First

Is there bias against women entrepreneurs in the tech industry? Maybe, maybe not. I don’t believe it would hinder you if you stick to the Bootstrap First, Raise Money Later strategy.

The media promotes funding as the holy grail.

The VCs want you to believe that Entrepreneurship = Funding.

No. It isn’t.

Entrepreneurship = Customers + Revenues + Profits.

Financing is OPTIONAL.

Exit is OPTIONAL.

If you are an entrepreneur who can bootstrap to solid validation based on early revenue, credible customer validation, defensible repeatability, and a believable velocity hypothesis, there would be no bias against you.

Whether you are a man, woman, child, senior, LGBTQ – it doesn’t matter.

You are now an entrepreneur who makes VCs salivate.

In this golden age of bootstrapping, this is your best bet.

Bootstrap First, Raise Money Later. No bias can hinder your journey.

If you choose to seek my advice, please join 1Mby1M Premium.

You can get started with Sramana’s Digital Mind AI Mentor right now.

Are you a female founder worried about bias?

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One Million by One Million (1Mby1M) is the first global virtual accelerator in the world, founded in 2010 by Silicon Valley serial Entrepreneur Sramana Mitra. It offers a fully online entrepreneurship incubation, acceleration and education resource for solo entrepreneurs and bootstrapped founders working on tech and tech-enabled services ventures. 1Mby1M does not charge equity, offers an AI Mentor available 24/7 in 57 languages, and offers a compelling alternative to Y Combinator and other equity accelerators.

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!