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October 21 – 550th 1Mby1M Mentoring Roundtable for Entrepreneurs

Posted on Tuesday, Oct 12th 2021

Entrepreneurs are invited to the 550th FREE online 1Mby1M Mentoring Roundtable on Thursday, October 21, 2021, 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

Thought Leaders in E-Commerce: Homeroots CEO Gil Bar-Lev (Part 2)

Posted on Tuesday, Oct 12th 2021

Sramana Mitra: You took a handful of manufacturers who were willing to give you the data and were willing to drop ship on your behalf and you started off with them.

Gil Bar-Lev: Yes, we created a new portal where we listed those products. We provided our manufacturers a backend login for them to manage their orders and inventory levels. We gave all this information to them so they have more visibility into what’s going on in the platform.

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11 Udemy Courses on How To Build a Digital Health Startup

Posted on Tuesday, Oct 12th 2021

Healthcare is one of the fastest-growing startup sectors. If you’re interested in Healthcare innovation, we offer 11  Udemy courses that can help you with building a digital health startup.

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Video FAQs

What is the Probability of Raising Funds for Your Startup?

Posted on Monday, Oct 11th 2021

Learn the probability of raising funds for your startup. The One Million by One Million (1Mby1M) virtual accelerator teaches entrepreneurs about all of the nuances of bootstrapping your startup. We believe in the Bootstrap First, Raise Money Later mantra. Once you’re ready, we will get you in front of investors. We will also get you ready for investors.

Interested in getting some help with your funding strategy? Apply to win a one-year scholarship to the 1Mby1M Premium program, sponsored by DataStax, valued at $1000. Check out The DataStax – 1Mby1M Startup Challenge.

Watch – Learn — APPLY – Submit Your Application by October 28, 2021.

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Thought Leaders in E-Commerce: Homeroots CEO Gil Bar-Lev (Part 1)

Posted on Monday, Oct 11th 2021

Gil discusses wholesale e-commerce and its complexities. This is an important interview to read for e-commerce retailers who’re looking to buy efficiently, as well as run their businesses in a zero-logistics mode.

Sramana Mitra: Let’s start by introducing our audience to yourself as well as Homeroots.

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From Student Entrepreneur to a $15 Million Revenue Ultralight Business: Stephanie Madesh, CEO of Kalon Clothing (Part 5)

Posted on Monday, Oct 11th 2021

Sramana Mitra: You were finding all these levers at the right moment. Timing is really hard to get, but when you get it right, it works really well. What kind of revenue level were you at in 2015?

Stephanie Madesh: We would have been at $3.5 million.

Sramana Mitra: How many people now?

Stephanie Madesh: 12 employees.

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Catching Up On Readings: IPO Momentum

Posted on Sunday, Oct 10th 2021

This feature from Nasdaq covers the strong IPO momentum in the first three quarters of the year 2021 so far wherein 560 companies have listed raising $136 billion. Q3 accounted for 147 listings raising over $29 billion. For this week’s posts, click on the paragraph links.

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From Student Entrepreneur to a $15 Million Revenue Ultralight Business: Stephanie Madesh, CEO of Kalon Clothing (Part 4)

Posted on Sunday, Oct 10th 2021

Sramana Mitra: Were you selling this under private label, or was it still retail?

Stephanie Madesh: We were selling it as the Kalon brand. It was our own design. We were still a boutique. But if you can imagine Forever21 when they started, they had their own label and all the labels that they carried.

Sramana Mitra: It’s very common in the fashion business. They start with selling other people’s brands and then pick up categories in which they offer their own brands. Your strategy is exactly in line with what retail companies do.

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