
You should not spend 5-7 years of your life on a bogus startup idea. Before you commit invaluable years of your life to an idea, before you write a line of code, you should TEST your idea. How do you do that?
Please go through the How to Test New Startup Ideas module in the 1Mby1M Curriculum.
You can access it in three ways:
1. Through 1Mby1M Premium, our full acceleration program that gives you access to our entire curriculum.
2. Through 1Mby1M Basic, our Curriculum-only option.
3. Through our Udemy course, How to Test New Startup Ideas.
Once you’ve done the curriculum, chances are, you’d still have questions.
If you need my input, please join 1Mby1M Premium. Beware, I may ask you to discard your idea.
You can get started with Sramana’s Digital Mind AI Mentor right now here.
Many questions need to be answered to develop a viable business.
What pain are you solving?
Who is your ideal customer?
What is your Segmentation?
What is your Positioning?
What is your Business Model?
What is your Pricing Model?
What is your ROI?
If you’re serious about building a real company, start by validating your idea before you invest years of your life. We remain deeply committed to supporting solo entrepreneurs, bootstrap founders, and part time founders who want to build strong, capital-efficient businesses.
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, 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.
Image by This_is_Engineering from Pixabay