Can you hit $1M+ in Revenue in 2025?
In working through the current landscape of our industry, a few trends become evident:
According to a recent report, the global data privacy software market size is estimated to grow at 36% CAGR to reach $17.2 billion market by 2032 from $3.84 billion in 2024. The significant growth in the industry is expected to be driven by the continuing adoption of IoT devices along with the added power of AI.
>>>Over the past decade, I’ve had the privilege of working with many bootstrapped entrepreneurs. I’ve helped several of them find Early Exits.
I love working with self-financed startups and modestly capitalized ones that operate in a capital-efficient manner applying the principles of bootstrapping.
I’ve also interviewed hundreds of investors, especially micro-VCs and angels who are playing in the early stage game.
I’ve asked all of them the following questions:
As the new year begins, entrepreneurs need to think about new year resolutions.
Perhaps you have come to the conclusion that you will not seek further funding.
Instead, you will look for an Exit.
Now you have to show potential strategic acquirers how they can quickly drive revenues by pushing your product through their existing channels.
I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Village on the Hillside
Village on the Hillside | Sramana Mitra, 2022 | Watercolor, Ink | 9 x 12, On Paper
I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Village Square II
Village Square II | Sramana Mitra, 2022 | Watercolor, Ink | 9 x 12, On Paper
As you know, I categorically support bootstrapped entrepreneurs.
There are numerous startups now that have achieved some revenue without any external funding.
However, it has taken time. Sometimes, it has taken 5-7 years to get there.
VCs, however, are looking for velocity.
Their goal is to achieve $100M in 5-7 years.
Entrepreneurs are invited to the 670th FREE online 1Mby1M Mentoring Roundtable on Thursday, January 30, 2025, 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.