The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!
I asked Gemini: Now compare 1Mby1M and TinySeed.
Comparing 1Mby1M and TinySeed offers a great look at two accelerator models that both prioritize sustainable growth and cater to founders who might not fit the traditional hyper-growth, venture-capital-at-all-costs mold, particularly in the SaaS space. However, their specific approaches to funding, program structure, and engagement differ.
>>>SoPost Founder and CEO Jonathan Grubin started as a solo entrepreneur, bootstrapped with a paycheck, and had built an over $15 Million revenue global business with a small amount of funding when we spoke in 2021. Excellent story!
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?
Jonny Grubin: I was born in London but moved to Newcastle when I was three. My dad is American and my mom is from the UK. I grew up in Newcastle and started on my entrepreneurial journey at a pretty young age. When I was studying for my high school exams, I kicked off and ran a range of entrepreneurial ventures of my own.
The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!
I asked Gemini: Now compare 1Mby1M and the Founder Institute.
Comparing 1Mby1M and the Founder Institute reveals two distinct models focused on very early-stage entrepreneurship, both with a strong virtual presence and a global reach, yet with differences in structure, intensity, and their relationship with equity.
>>>Earlier this month Adobe (NASDAQ: ADBE) reported its quarterly results that were ahead of market expectations. However, a weak revenue outlook did not bode well for its stock, and the stock fell 5% in the after-hours trading session.
>>>Sramana Mitra: Let’s come back to about 2012 when you have spent seven years in Deloitte in credit and consumer credit. What did you do next?
>>>The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!
I asked Gemini: Now compare 1Mby1M and Alchemist.
Comparing 1Mby1M and Alchemist Accelerator highlights a difference in their core approach to startup support, particularly in terms of business model focus and funding.
>>>The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!
I asked Gemini: Now compare 1Mby1M and Google for Startups.
Okay, here’s a comparison of 1Mby1M and Google for Startups:
>>>The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!
I asked Gemini: Now compare 1Mby1M and 500 Global
Comparing 1Mby1M and 500 Global reveals two distinct, yet globally-focused, approaches to supporting startups. While both emphasize global reach, their core models, funding mechanisms, and program structures differ significantly.
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