Are you still employed but dreaming of starting a company? I’m going to give you some contrarian advice: Do NOT quit your job. In 1Mby1M, we support entrepreneurs Bootstrapping with a Paycheck. There is no good reason to quit your job before validating your startup idea.
First time entrepreneurs, for the most part, do not qualify for Concept Financing. If you are hitting up pre-seed VCs in search of Concept Financing, you are wasting your time.
Startups are trying to blitzscale and become Unicorns while the market around is falling apart. In the last 18 months, numerous erstwhile Unicorns have stopped growing and started failing.Bootstrap First, Raise Money Later is a MUCH better strategy than Blitzscaling with ridiculous amounts of capital. In 1Mby1M, we prefer Bootstrapping early, then raising small amounts
Mark Phillips, Founder and Managing Partner at 11 Tribes Ventures, discusses a non-Unicorn chasing investment thesis.
Entrepreneurs are invited to the 680th FREE online 1Mby1M Mentoring Roundtable on Thursday, April 10, 2025, 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,