An Underused Tool For Job Recovery

As the U.S. economy continues to hiccup, large-scale entrepreneurship is a badly needed remedy. In transitioning hundreds of thousands of people to self-employment and job creation through entrepreneurship, incubators look like an extremely helpful tool. But we need to produce more of the most effective incubators. >>>

How To Achieve Great Media Coverage For Your Incubator

By guest author Irina Patterson

Who doesn’t appreciate great PR? It leads to brand recognition and more business.

Let me use a case study to explain how simple it is with 1M/1M. One of our partners, Indian Institute of Technology, Kharagpur (IIT, KGP), held a custom roundtable with us in January 2012. >>>

Strong Entrepreneurs vs. Weak Entrepreneurs

By guest author Irina Patterson

Which kind of entrepreneur do you want to be?

Great entrepreneurs always find the time to study even when they are very busy. They find the time to fill the gaps in their knowledge of how to build a business.

Weak entrepreneurs keep doing the same thing over and over again. They repeat the same mistakes that thousands of others have made before them and in doing so put themselves out of business. >>>

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. >>>

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. >>>

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.” >>>

Vikrant Mathur: Why Joining 1M/1M Was The Best $1,000 I Ever Spent

By guest author Irina Patterson

Vikrant Mathur learned about 1M/1M in early 2010 through a friend. They went to INSEAD together.

In 2010, Vikrant’s company ifood.tv had already operated for four years without much external advice. It became a popular destination for food- and recipe-related video content. Now, Vikrant was ready to scale his company up. >>>