July 6 – 611th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 611th FREE online 1Mby1M Mentoring Roundtable on Thursday, July 6, 2023, 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 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. All are welcome!

Featured Videos

610th 1Mby1M Roundtable Recording

In case you missed it, you can listen to the recording here:

Roundtable Recap: June 29 – Several Ventures Already in Revenue

During this week’s roundtable, we had five great strategy discussions.

Visitly.io

First up, we had Gaurav Agarwal from San Francisco, California, pitch Visitly.io, already in revenue, being bootstrapped with a paycheck.

Projemy

Next, we had Jainam Badala from Mumbai, India, pitch Projemy, a concept-stage EdTech venture.

Durandel Limited

Then we had Jude Onemolease from Benin City, Nigeria, pitch Durandel Limited, a vertical marketplace for Nigeria’s fish market.

Lovee Fashion

From Atlanta, Georgia, we had Evonya Easly pitch Lovee Fashion, a marketplace for stylists, that is also already in revenue.

You can listen to the recording of this roundtable here:

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Video FAQs

Cloud Stocks: Okta Amps up Product Offerings

According to a recent report, the global identity and access management (IAM) market $15.93 billion in 2022 and is projected to grow at 13% CAGR from $15.93 billion in 2022 to 2030. Recently, Okta (NASDAQ: OKTA) reported its second quarter results that outpaced market expectations.

Business Model Innovation in Digital Health: Bob Allison, Co-Founder of PEAR Health Labs (Part 5)

Sramana Mitra: The business model is a development fee upfront. Then there’s a $1 to $2 royalty per user per month. That’s variable and it goes up and down. In some cases, the brands were charging for their app. In some cases, the app is free.

Bob Allison: Yes. I would say that we had some real lessons from all this. One was that big brands are often not that good at digital discussions with consumers. Large technical brands, even New Balance because they’re technical about their shoes, have their own issues about getting to real traction and a pretty low threshold for patience on their side. If you’re telling your CEO that sales are off and you’re spending $500,000 on digital solutions. They’ll say, “Why are we doing that?”

610th Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 610th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, June 29, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. CLICK HERE to join. MEETING NUMBER: 2553 545 8516  PASSWORD: startup  All are welcome!

610th Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Today’s 610th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, June 29, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. CLICK HERE to join. MEETING NUMBER: 2553 545 8516 PASSWORD: startup  All are welcome!

Business Model Innovation in Digital Health: Bob Allison, Co-Founder of PEAR Health Labs (Part 4)

Sramana Mitra: Which brands did you go after?

Bob Allison: We built for Intel. We also built stuff for Bose, Life Fitness, and New Balance. We were building app experiences around training for these brands. We did TRX. The whole list probably had 25 brands.

Sramana Mitra: Can you double-click down on the business model? What I like about this is, very often, we see business ideas that are going to be super expensive to go to market as a B2C company. With the business model that you have pursued successfully, if you follow that route, you can go-to-market by piggybacking on other people’s brands and marketing dollars. Talk to me about the business model.