1Mby1M Deal Radar 2012: InsureMonkey, Las Vegas, Nevada

If you’re lucky, you have an employer who offers a great health plan that doesn’t cost too much. These days, millions of people aren’t so fortunate. Either they are unemployed, self-employed, or their employers don’t have health plans that meet their needs. The founders of the Las Vegas, Nevada–based InsureMonkey understood that searching for insurance can be a study in frustration and set out to alleviate some of that frustration by simplifying the search process. >>>

1Mby1M Incubation Radar 2012: GloMantra, Sunnyvale, California and Bangalore, India

I made a prediction about 2012 being the year when personalization technologies start to find their stride.

GloMantra, Inc. is a company that specializes in personalization technology and social commerce solutions for e-commerce and online media companies. GloMantra understands the intent of consumers and the context of their need, and uses them to provide personalized and relevant recommendations. Based on its patent-pending personalization technology, the company provides three distinct offerings: personalization solutions for social commerce, which enable a personalized recommendations service for retailers and online media enterprises; a mobile personal assistant, which is a fully integrated solution for mobile device OEMs and carriers to make their smart devices smarter; and myBantu.com, a free consumer application, that acts as a smart personal assistant, giving users relevant recommendations for their daily needs. The company currently has a team of 15 serving a user base of over 10,000.

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How to Explain One Million by One Million (1M/1M)

By guest author Irina Patterson

One of our partners asked me for an overview of 1M/1M in a letter form. He wanted an easy way to explain 1M/1M to a government agency that he is part of. >>>

Entrepreneurship and Business

Entrepreneur: How Long Should You Work For FREE?

By guest author Irina Patterson

Have you seen this? Entrepreneurs labor for years on their ideas and can’t sell their products because they have no customers.

They essentially work for free, drawing on their savings or their family and friends’ support. >>>

Blog for Business

Entrepreneur: Is Your Business Fundable?

By guest author Irina Patterson

Have you seen this? Entrepreneurs seek funding year after year, only to never get funded. Have you wondered why? It’s simple: Most likely, it is because their business is not fundable.

What does this mean? Some businesses will just never be venture fundable, no matter what their entrepreneurs do. The only way to build them is by alternative financing. >>>

How One Entrepreneur Can Create a Big Shift for Your Incubator

By guest author Irina Patterson

One incubator manager came up with a brilliant idea.

He said, “Irina, I’ll select one entrepreneur – the most suitable for 1M/1M from my incubator, and I will let you talk to him. If he signs up, we’ll have our 1M/1M pilot entrepreneur. He will share his 1M/1M experience with the rest of our entrepreneurs and off we’ll go.”

“Brilliant,” I said. “My cell is 786-301-2456 and my Skype is irina_patterson. I am standing by, ready to talk … most important, I am ready to listen.” >>>