
Entrepreneurs are invited to the 722nd FREE online 1Mby1M Mentoring Roundtable on Thursday, April 9, 2026, at 8 a.m. PDT / 11 a.m. EDT / 4 p.m. CET / 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 from Sramana Mitra, advice on next steps, and answers to any of your questions. Others can register to Attend to watch and learn.
You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Please share with any entrepreneurs in your circle who may be Interested.
You can listen to this week’s recording here.

Immediately following this week’s roundtable, I received an email from Alan Cohen, analyst at RationalFX, with some disturbing but not surprising data on tech layoffs.
Data shows that so far this year, a total of 78,557 tech layoffs have been recorded globally, with the United States accounting for the vast majority, 59,510 job cuts across 54 companies, or roughly 76.7% of the total. American companies Oracle (25,254), Amazon (16,000), and Block (4,000) account for the most significant workforce reductions so far this year.
Notably, Oracle’s cuts are entirely AI-driven, reflecting a broader shift towards reallocating resources into automation and AI infrastructure. This has helped propel a wider trend across the industry, with AI-related restructuring now accounting for 37,638 layoffs, close to half of all tech job losses in 2026. According to our calculations, if the current pace of tech layoffs continues, 2026 will end with roughly 318,592 tech layoffs in total, coming closer to the tech layoff peak in 2023 when an estimated 430,000 people lost their jobs.
There is only one solution to this trend of mass layoffs by the tech majors: learn to become an entrepreneur.

Entrepreneurs are invited to the 721st FREE online 1Mby1M Mentoring Roundtable on Thursday, April 2, 2026, at 8 a.m. PDT / 11 a.m. EDT / 4 p.m. CET / 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 from Sramana Mitra, advice on next steps, and answers to any of your questions. Others can register to Attend to watch and learn.
You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Please share with any entrepreneurs in your circle who may be Interested.
You can listen to this week’s recording here.

During this week’s roundtable, we worked on three very different businesses. The third of these was a fat startup in need of pre-seed funding with very little validation. As discussed, it is excruciatingly difficult to fund unvalidated ideas. You can listen to the discussion for more color on the subject if this is something you are trying to achieve. We also have a number of case studies of Fat Startups in our curriculum and in a Udemy course.
Investors fund traction, not concepts. Funding before validation dramatically increases risk and decreases leverage. This is where many founders face a core strategic question: Are you funding a business or funding a team with an idea? Bootstrapped founders often grow more slowly at first, but they build clarity, repeatability, and capital efficiency before raising money. That discipline creates stronger positioning and better fundraising outcomes later.
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Entrepreneurs are invited to the 720th FREE online 1Mby1M Mentoring Roundtable on Thursday, March 26, 2026, at 8 a.m. PDT / 11 a.m. EDT / 4 p.m. CET / 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 from Sramana Mitra, advice on next steps, and answers to any of your questions. Others can register to Attend to watch and learn.
You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Please share with any entrepreneurs in your circle who may be Interested.
In case you missed it, you can listen to the recording here:
You can register to pitch or attend an upcoming roundtable here.