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 – Blocks XI
Blocks XI | Sramana Mitra, 2022 | Watercolor, Pastel, Ink | 8 x 8, On Paper
As you know, I categorically support bootstrapped entrepreneurs.
There are numerous startups now that have achieved $4M-$5M in 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.
>>>In a tightening market, budgets are under scrutiny.
>>>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 – Blocks X
Blocks X | Sramana Mitra, 2022 | Watercolor, Pastel, Ink | 8 x 8, On Paper
Sramana Mitra: It’s much more than that. We come up with this issue all the time. I recently published a series called The Startup Velocity Question, and the thesis of it is, ‘why do venture funded startups not achieve velocity?’, which equates to failure basically, because we see that trying to go from zero to a $100M in five to seven years. If you don’t hit velocity, you’re considered a failure. Why? So you may find this series interesting.
>>>Many large companies with hundreds of millions in revenues are currently facing slowdown.
>>>Entrepreneurs are invited to the 642nd FREE online 1Mby1M Mentoring Roundtable on Thursday, June 6, 2024, 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!
In case you missed it, you can listen to the recording of this roundtable here: