New Entrepreneur Mistakes Course Plus November Coupons

In addition to offering you up to 85% off the following tech startup courses on Udemy this month, we are introducing the new 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.

These coupons will expire on November 30, 2023, so enroll today!

Bootstrapping:

Bootstrap First, Raise Money Later with Sramana Mitra: TRY1MBY1MNOV2023BTS

Bootstrapping a Startup with a Paycheck with Sramana Mitra: TRY1MBY1MNOV2023PAY

>>>

Featured Videos

Best of Bootstrapping: Bootstrapped a Virtual Company with a Paycheck

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

FormAssembly Founder and CEO Cedric Savarese’s story is a textbook case study of the kind of entrepreneur we want to see emerge and grow in every corner of the world: a solo entrepreneur who is a developer and a product guy capable of getting to validation while holding onto a day job. When we spoke in 2019, Cedric had almost 50 employees spread around the world, and while it maintained a small office of fewer than 10 people in Indiana, the bulk of the company had scaled as a virtual workforce. Excellent model, and I encourage aspiring entrepreneurs to read this carefully.

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?

Cedric Savarese: I was born in France and expatriated to the US. I grew up in a small town not so far from Paris.

>>>

Roundtable Recap: November 9 – Broad, Generic Value Propositions Don’t Work

During this week’s roundtable, we had two very diverse pitches.

Move2.AI

First we had Bruno Quemener in Rennes, France, pitch Move2.AI. Bruno aims to offer AI innovation consulting to enterprises. My take is that this is too broad a value proposition and needs to be tightened.

Labby

Then Julia Somerdin from Boston, Massachusetts, pitched Labby, a milk testing technology.

You can listen to the recording of this roundtable here:

>>>

Video FAQs

Building a Venture Scale AI Company: Observe.AI CEO Swapnil Jain (Part 6)

Sramana Mitra: What did AI do that was really unique to your product?

Swapnil Jain: We’ve always used LLMs in our tech stack. The key technology was transcription. A human doesn’t need to listen to a call. We can make it much more easier for them to understand the call. Then we also built a lot of NLP technology to further crystallize that. They won’t even have to go through the transcript or look at the keywords. We can just give them a summary. This was all not possible before.

Catching Up On Readings: Top 10 Accelerators

This report from CB Insights features the top 10 most active startup accelerators and their investment patterns. For this week’s posts, click on the paragraph links.

Building a Venture Scale AI Company: Observe.AI CEO Swapnil Jain (Part 5)

Sramana Mitra: We are in the 2018 timeframe now?

Swapnil Jain: Yes.

Sramana Mitra: What are the next few strategic moves that got you further?

Swapnil Jain: 2019 was a big product year. We had a product that we were shipping every day, but we didn’t know if this was strategic or not. The big strategic decision in 2019 was getting a strong VP of Product. If I look back, that is something I should have done sooner. I acted as a product leader, but I was not good.

Building a Venture Scale AI Company: Observe.AI CEO Swapnil Jain (Part 4)

Sramana Mitra: A lot of pre-seed investments happen in the alumni network. An engineer in a branded company like Twitter works.

Swapnil Jain: Of course. The other thing I would say is the Bay Area is more lenient in terms of supporting people. Did I have a great idea? Maybe. Maybe not. People’s willingness to support is also a big factor. It’s the pay-it-forward kind of thing.

November 30 – 626th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 626th FREE online 1Mby1M Mentoring Roundtable on Thursday, November 30, 2023, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 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!