635th Roundtable for Entrepreneurs Starting in 20 Minutes: Live Tweeting by @1Mby1M

Today’s 635th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 20 minutes, on Thursday, March 28, at 8 a.m. PDT/11 a.m. EDT/4 p.m. CET/8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup  All are welcome!

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Thursday, March 28 – 635th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 635th FREE online 1Mby1M Mentoring Roundtable on Thursday, March 28, 2024, at 8 a.m. PDT/11 a.m. EDT/4 p.m. CET/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!

Best of Bootstrapping: Co-Founders Bootstrapped to $10 Million

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

In 2020, Coalition Technologies was still largely a services company, but also had a few products. Co-founder Jordan Brannon shared the company’s well-managed journey.

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

Jordan Brannon: I was born in Sioux Falls, South Dakota. I grew up primarily in Washington state in a smaller community. It’s about an hour and a half south of Seattle. I have three brothers and we largely stuck to the northwest throughout my childhood.

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Best of Bootstrapping: EdTech Unicorn Bootstrapped First from Canada

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

In 2020, D2L Founder CEO John Baker shared this terrific story of bootstrapped entrepreneurship in EdTech.

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

John Baker: I’m based in Waterloo, Ontario, Canada. I was born in a fishing village on the northeast coast of Newfoundland. When I was 22 years and in my third year of engineering at the University of Waterloo, I started a company with the mission of transforming the way the world learns. 

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Catching Up On Readings: AI Impact at GDC 2024

This feature from The Guardian examines the impact of AI on the gaming industry and the Gaming Developers Conference held in San Francisco last week. For this week’s posts, click on the paragraph links.

Best of Bootstrapping: What Should Tech Startups Do to Raise Seed Capital in 2024?

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

In general, Bootstrap First, Raise Money Later is still the best strategy. You need to be ready to raise money.

If you decide to raise money, I strongly suggest you read the Seed Capital series of interviews on our blog ASAP. We’ve profiled investor after investor to understand their investment thesis. You need to get in their heads and get a sense of what they’re looking for, especially if you’ve never raised money before.

Remember, Investors are looking to multiply the money that they put into startups.

A bit more sophisticated way to think about it is to ask the question: Multiply by how much? 2X? 3X? 5X? 10X? 20X?

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Best of Bootstrapping: Bootstrapped with Services from Sweden

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

European entrepreneurs often bootstrap using services successfully. The chasing of investors from the get go is less prevalent on the other side of the Atlantic, although this obsession from Silicon Valley has traveled to all corners of the world now. Dapresy Founder Tobi Andersson and CEO Rudy Nadilo shared their journey in 2016, when they had crossed $7 million in annual revenue with minimal outside financing. Forsta acquired Dapresy in 2021.

Sramana Mitra: Let’s start at the very beginning of your personal journey. It sounds like, Tobi, you’re the founder. Maybe, we’ll start with you and let’s go back to the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?

Tobi Andersson: I was born in Sweden, in the Swedish countryside. Very early on in my life, I decided that one day I would like to earn the money to have the opportunity to buy a really big farm. That has always been my vision – to create something that, on one hand, can give me money but on the other hand, I can create opportunities for people to develop. I’m very much like HR focused on life. I would like everyone an opportunity to feel that they have a good life.

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New Pricing for Tech Startups Course and Coupons

This month we are introducing a new course Pricing for Tech Startups by Sramana Mitra [Coupon Code: TRY1MBY1MMAR2024PRI]. There’s a common misconception that offering everything for free and then figuring out monetization later is a viable strategy. However, we firmly believe in assigning value to your products and services from the outset. Pricing is both important and complex, requiring careful analysis and strategic decision-making. This course shares proven methodologies and best practices honed over years of experience.

We have packaged our time-tested 1Mby1M methodology for building technology startups into many short courses on Udemy as part of our aim to democratize entrepreneurship education at scale globally.

For the month of March we are offering you up to 85% off the following courses as well.

All of these coupons will expire on March 31, 2024, so enroll today!

Bootstrapping:

Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MMAR2024BTS

Bootstrapping a Startup with a Paycheck with Sramana Mitra: TRY1MBY1MMAR2024PAY

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