The Accelerator Conundrum: Navigating Your Path to Startup Success

Alright, let’s cut through the noise and get to the brutal truth of the startup accelerator world. Many entrepreneurs, starry-eyed and naive, leap headfirst into 3-month accelerator programs without truly understanding the long-term implications. It’s time for an incisive commentary, a necessary dissection.

1Mby1M Udemy Courses with Sramana Mitra: Financing

Raising money to build a startup is a huge challenge. To be able to raise any money at all, you must first understand how investors think. We have developed the following courses catering to entrepreneurs in different stages of their entrepreneurial journey.

Incubators: What Does It Cost To Bring An Entrepreneur To Profitability?

By guest author Irina Patterson

For-profit or non-profit, you must maximize your resources. Capital. Human resources. Time.

The longer it takes for you to mentor an entrepreneur to profitability, the more expensive that becomes. Long development cycles also have an impact on entrepreneurs’ survival because they are really strapped for resources. Drag them out too long, and they will go out of business. >>>

Featured Videos

How To Bootstrap A Business While Holding Down A Job

By guest author Irina Patterson

Have a job? If you do, it’s awesome. You can use the paychecks to bootstrap a company. Here is how.

Join 1M/1M premium program today. Spend 50 hours studying the 1M/1M Curriculum. Do it evenings and weekends. In two to three months or sooner you will fully understand how to start and build a viable technology company, Silicon Valley style. >>>

Incubators: Practice Makes Pitches Perfect

By guest author Irina Patterson

Selling to potential co-founders, customers, investors, and partners is the number one skill that entrepreneurs need to master.

Entrepreneurs should use every opportunity to practice their pitch. And not in front of a mirror, but by arguing their case intelligently, with a strong opponent that could poke gaping holes in their proposition. >>>

Incubators: You Can Nurture Regional Entrepreneurs on Auto-Pilot

By guest author Irina Patterson

Andrew Wong, Malaysian National Incubator Network Association president and MAD Incubator CEO, is one of many 1M/1M affiliates.

For Andrew, 1M/1M is a tool to groom the entire pool of entrepreneurs in Malaysia.

>>>

Entrepreneur, What Are Your Current Challenges?

By guest author Irina Patterson

As an entrepreneur, what are your current, top-of-mind challenges?

At 1M/1M, we are focused on helping you address these challenges, so it would be great if you share with us:

(1) A brief description of your business
(2) Your current challenges (customer validation, customer acquisition, funding, etc.)
(3) Your phone number and/or Skype ID, so that I can go over the above with you and see how we can help.

Please write to me at irina@sramanamitra.com and we’ll arrange a phone or Skype conversation to discuss your situation further.

Note: If you are considering becoming a 1M/1M premium member and would like to join our mailing list to receive ongoing information, please sign up here:

Entrepreneur: Ready To Roll? Let’s Make Every Hour Count …

By guest author Irina Patterson

Are you an entrepreneur? Are you considering joining 1M/1M? If so, STOP considering. This week I want you to ACT and if you DO, I’ll be standing by to help you in any way I can. >>>

Michael Goldman’s Story

By guest author Irina Patterson

Today, I’ll share with you Michael Goldman’s story. As you read, see how Michael was able to successfully leverage the resources of both his local incubator in Maine and the 1M/1M program. >>>

Do You Need Customer Acquisition Channels?

By guest author Irina Patterson

The greatest challenge that entrepreneurs face in building businesses is to set up effective customer acquisition methods.

At 1M/1M, we have been helping our entrepreneurs to set up compelling channels, be it in reaching large enterprises or small, entrepreneurial companies. >>>

Business Incubators: What Do You Think?

By guest author Irina Patterson

If you are running a business incubator or any other entrepreneur-supporting organization, we at 1M/1M would like to hear from you. To share with us your thoughts, you can simply finish any of these sentences: >>>

Seed Capital From Angel Investors: David Rose, Founder and CEO of Gust (Part 1)

Today, I’m talking with David Rose, who founded AngelSoft, now Gust, in 2004. Gust provides a platform where angel investors and entrepreneurs can connect and discuss ventures. Originally created with angel investors’ needs in mind, Gust now has more than 750 investment organizations worldwide using its platform to manage deal flow and other day-to-day tasks. Over 125,000 startups have, through Gust, worked with more than 35,000 individual investors on their ventures. The company is based in New York City, has a development office in Vancouver, British Columbia, Canada, and a European office in Paris, France. >>>

How The 1M/1M Affiliate Program Helps Incubators

By guest author Irina Patterson

If you are running an incubator, you are always on the lookout for quality entrepreneurs to incubate, right?

At 1M/1M we have designed a process that could deliver high-quality entrepreneurs for your incubator right from your own backyard. >>>

FAQ: Why Can’t I Pay For 1M/1M As A Monthly Subscription?

By guest author Irina Patterson

Here is why. The $1,000 annual fee is really about commitment. What we are saying is we are committed to supporting you and your business development for the entire year.

Are you committed to working with us for at least a year? >>>

How To Leverage 1M/1M Programming Through Local Meetups

By guest author Irina Patterson

One of the best ways for a business incubator to leverage the 1M/1M Program is to organize meetups around our weekly roundtables, which are held at 8 a.m. Pacific time each Thursday. >>>

Not Getting Traction With Angels? Reach Them Through 1M/1M

By guest author Irina Patterson

Not every business fits the angel financing model. Angels are looking for businesses that can scale rapidly to at least $30 million in revenue so that they can get the five- to tenfold return on their money. >>>

1M/1M Pilot: Test Quickly, Scale Rapidly

At the 1M/1M Premium Program, we believe in pilots. We believe in quick testing to make sure that our assumptions are correct, and then we scale rapidly. >>>