May 16 – 640th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 640th FREE online 1Mby1M Mentoring Roundtable on Thursday, May 16, 2024, 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

639th 1Mby1M Roundtable Recording

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

Building a Generative AI Venture from Portugal: João Aroso, CEO of Leadzai (Part 3)

Sramana Mitra: So then how long did you do this business? And what kind of revenue levels or what kind of scale were you able to achieve?

João Aroso: We did that business for two years and one of my co-founders from my first startup is still there today. I left, but the company is still very healthy.

Video FAQs

Roundtable Recap: May 9 – It’s OK to Discard Ideas

During this week’s roundtable, we discussed validation requirements in early-stage startups.

ONI Early Life Programming

First up, we had Sunil Punjabi from Mumbai, India, pitch https://www.onicares.com/Home, a hospital EMR system focused on caring for pregnant women. We discussed what would be considered a validated business.

Centaurnex

Next, we had Samson Darlong from Riga, Latvia, pitch Centaurnex, an idea-stage venture that appears extremely capital-intensive. I advised him to discard this idea and go back to the drawing board.

You can listen to the recording of this roundtable here:

>>>

Building a Generative AI Venture from Portugal: João Aroso, CEO of Leadzai (Part 2)

Sramana Mitra: What kind of deal was it? What were you charging? What were they charging you to let you sell on there through them?

João Aroso: It was a revenue share model. We had a very light minimum commitment, around a $100K a year. Everything was revenue shared.

>>>

Best of Bootstrapping: Serial Entrepreneur Bootstrapped to $27 Million

If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. 

This is a wonderful story from 2016 of a serial bootstrapper, then Tanga CEO, Jeremy Young. He built a wonderful e-commerce business similar to Groupon, but with no outside money.

Sramana Mitra: Let’s got back to the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Jeremy Young: I was born in Spokane, Washington. My dad had ended up moving our family across the border to Idaho, which is about 45 minutes away. That’s where I grew up. I have six brothers and sisters—two older brothers and four younger sisters. I was raised in a middle lower class home. My dad worked the same job for 30 years. My oldest brother, Jeff, who is five years older than me ended up getting several jobs while he was in high school and got me interested in business and work in general. He’s a role model to me. He worked very hard and always had lots of money. He was able to buy cars, stereo equipments, and video games. I learned from him and really wanted to earn money as well.

>>>

639th 1Mby1M Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 639th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, May 9, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup  All are welcome!        

639th Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Today’s 639th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, May 9, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup  All are welcome!