The Truth About Startup Fundability

There is too much money chasing too few venture scale deals. As a result, sometimes, VCs fund deals that should not be funded to appease their Limited Partners. And then, they drive these ventures to failure. Let me explain. Let us say, you have been successful in raising $5M in venture capital.

Avoid These 10 Common Entrepreneur Mistakes

There are many entrepreneur mistakes that are perfectly avoidable. You don’t need to make those mistakes yourself to learn from them. I want to give you pointers on how to avoid them. Look at my Udemy course: Case Studies of Entrepreneur Mistakes with Sramana Mitra. Throughout this course we talk about common mistakes that entrepreneurs

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How Freelancers Become Successful Solo Entrepreneurs

Are you a freelancer on Upwork or Fiverr? In the age of AI, you can build a million dollar business by thinking like an entrepreneur. Solo entrepreneurs are becoming the rage now. You have a leg up over them. You are already on your own, outside of the corporate system. You have mastered the art

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Success in Entrepreneurship Is Personal

The 1Mby1M Mantra has always been: Excess is not a Requirement for Success in Entrepreneurship. YOU get to define what success means for you. It’s personal. It’s your prerogative. Do not live other people’s lives.

Validate Your Startup Idea Before Writing Any Code

Techie founders generally operate in their comfort zones: they like to write code. They often start developing software before they validate with customers. As such, they often build solutions looking for problems. Do NOT write code before you immerse yourself in customers and develop a deep understanding of what pain you are solving.

Women Entrepreneurs Win by Bootstrapping First

Is there bias against women entrepreneurs in the tech industry? Maybe, maybe not. I don’t believe it would hinder you if you stick to the Bootstrap First, Raise Money Later strategy. The media promotes funding as the holy grail. The VCs want you to believe that Entrepreneurship = Funding. No. It isn’t. Entrepreneurship = Customers

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Best of Bootstrapping: Couple Bootstrapped to $10 Million

Love and startups go hand in hand for AdCellerant Co-founders Brock Berry and Shelby Carlson, who are helping media companies generate seven-figure revenue streams. Here is our conversation from 2017. Sramana Mitra: Whoever wants to start, let’s start at the very beginning of your personal journey. Where are you from? Where were you born, raised,

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Be Careful Who You Take Startup Advice From

Everybody is a startup mentor these days. On LinkedIn, startup advice is cheap and abundant. It can also be very BAD.