Sramana Mitra: Online’s fine. I’m not necessarily thinking that you’re already on AI in 2016–17, because that’s definitely not the time when AI was as pervasive as it is today. So, let’s go back to 2016–17. Tell me more about how the business was progressing. How many schools were you catering to in 2016–17? How were you finding them? How were you doing the sales process?
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1. How does the program help if my business “gets stuck” or if my idea is failing — will I be guided to pivot and how actionable is that feedback?
>>>Sramana Mitra: Okay. Let’s go back to this point where you have three high schools that you’re working with to validate your business model. How much were they willing to pay you?
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1. How does the $1,000 fee compare to the value I’ll get, especially since 1Mby1M doesn’t take equity?
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1. Can I join 1Mby1M while keeping my day job, or do I need to commit full-time immediately?
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This story is a great example of an EdTech company that has built a validated, bootstrapped, profitable business that can potentially be scaled using AI.
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Entrepreneurs are invited to the 702nd FREE online 1Mby1M Mentoring Roundtable on Thursday, September 11, 2025, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST.
If you are a serious entrepreneur, register to Pitch and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to Attend to watch, learn, and interact through the online chat.
You can learn more here and and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be Interested.
Ihar Mahaniok is Managing Partner at Geek Ventures. We have an excellent discussion on AI trends and startup opportunities.
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