2. What happens if my goals change (e.g., from bootstrapping to raising funds, or vice versa)—can the support be adapted midstream?
The 1Mby1M program is designed with adaptability in mind, and the support can definitely be adapted midstream if your goals change. This flexibility is a core part of its value proposition, especially compared to fixed-term accelerators.
Here’s how the program handles changes in your goals:
1. The Core Philosophy is Flexible
The program’s core philosophy is “Bootstrapping First, Raising Money Later (if at all).” This means that the curriculum and mentoring are built on the idea that you should first focus on building a strong, revenue-generating business with actual customers. Whether your ultimate goal is to remain bootstrapped or to raise a large venture capital round, this initial step is considered a non-negotiable foundation for success. The program teaches you how to “bootstrap to repeatability,” which is the point at which your sales and revenue model is predictable.
2. Adapting to a Fundraising Goal
If your goal shifts from bootstrapping to raising funds, the program has a specific playbook for this.The guidance adapts to help you:
3. Adapting to a Bootstrapping Goal
If your goal is to stay bootstrapped indefinitely, the program is equally well-suited. The curriculum is full of case studies and strategies for building a sustainable, profitable business without ever taking external capital. The focus remains on:
4. Continuous Mentorship
Since 1Mby1M is not a fixed-term program, you can adapt your strategy and discuss your changing goals with your mentor at any point.The weekly roundtables provide a continuous forum for you to get feedback, pivot your strategy, and course-correct as your business and personal goals evolve.This ongoing dialogue is what makes the program so flexible and valuable for entrepreneurs at different stages of their journey.
In short, the program is built to support a range of outcomes. Whether you’re aiming for a small, sustainable business or a venture-backed unicorn, the 1Mby1M methodology provides the strategic framework to help you achieve your goals, and the mentoring adapts to guide you through the transition.