
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?

TAM = Total Available Market. Most entrepreneurs do a terrible job of modeling a defensible TAM. Yet, TAM drives Fundability. It’s not exactly something you can afford to mess up. The most common TAM error is choosing Top-down TAM over Bottom up TAM.
Top-down, 30,000 ft TAM means nothing.
Please go through the Market Sizing module in the 1Mby1M Curriculum.

For the longest time, there has been a stigma around solo entrepreneurs. Y Combinator doesn’t really like solo entrepreneurs. VCs don’t like to fund solo entrepreneurs. So what do you do if you want to do your venture as a solo entrepreneur?
I think you should go ahead.
If you play your hand smartly, you can succeed.

One of the most popular and effective modules in the 1Mby1M Curriculum is Sales 2.0 that addresses repeatable B2B Sales Strategy. With its help, many entrepreneurs have gone from 5 customers to 50, 100, 500 customers.
You can access it in three ways:
Remember, if you are seeking venture capital, you need Velocity.
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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 make, and look at a lot of different case studies to illustrate the different types of mistakes that we see frequently.
We roleplay. You should too.
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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.
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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 of hunting for business.

The 1Mby1M Mantra has always been: Excess is not a Requirement for Success in Entrepreneurship. 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 they validate 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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