
The 1Mby1M Mantra has always been: Excess is not a Requirement for Success. YOU get to define what success means for you. It’s personal. It’s your prerogative.
Do not live other people’s lives.
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Techie founders generally operate in their comfort zones: they like to write code. They often start developing software before validating with customers. As such, they often build solutions looking for problems.
Do NOT write code before you immerse yourself in customers and develop a deep understanding of what pain you are solving.
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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.

Everybody is a startup mentor these days.
On LinkedIn, advice is cheap and abundant.
It can also be very BAD.

Giving up equity early on is one of the worst decisions an entrepreneur makes. Say, you give up 15% for $200k in pre-seed accelerator funding. What happens next?
You haven’t validated anything yet.
You don’t know whether your business has the capacity to go from 0 to $100M in 5-7 years.
That’s what VCs are looking for: Blitzscaling.
Most businesses cannot blitzscale.

Autonomy is an underrated luxury. Somehow, investors have convinced entrepreneurs that working 80 hour weeks to make money for them is PRESTIGIOUS. More so than personal wealth creation. More so than family, relationships, health and wellbeing.

I want to share with you an observation from running the 1Mby1M program since 2008. Almost 700 free mentoring roundtables with over 300k entrepreneurs. Thousands of case studies of successful entrepreneurs – the who’s who of tech startups – through interview based methodology development. Thousands and thousands of premium member coaching sessions.
Entrepreneurs are obsessed with financing.

I want to share with you an observation from running the 1Mby1M program since 2008. Almost 700 free mentoring roundtables with over 300k entrepreneurs. Thousands of case studies of successful entrepreneurs – the who’s who of tech startups – through interview based methodology development. Thousands and thousands of premium member coaching sessions.
Some entrepreneurs are over-anxious about confidentiality.

I want to share with you an observation from running the 1Mby1M program since 2008. Almost 700 free mentoring roundtables with over 300k entrepreneurs. Thousands of case studies of successful entrepreneurs – the who’s who of tech startups – through interview based methodology development. Thousands and thousands of premium member coaching sessions.
A lot of entrepreneurs are looking for silver bullets.
They are not necessarily interested in doing the hard work needed to build a sustainable business.
Building a business is a marathon, not a sprint.
We don’t have silver bullets. No one does.