ReadWriteStart

DECEMBER 2, 2010

Well, 1M/1M is focused on helping businesses generate $1M in annual revenue, whatever be the nature of the business. But our goal is to make sure that these businesses are sustainable, have customers, revenues, and profits. It turns out that in my Vision India 2020 book, I have a similar project called FDBI. Photo by kipcurry.

India 116

India Green Silicon Valley Massachusetts 116

ReadWriteStart

SEPTEMBER 23, 2010

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. Its mission is to help a million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs. GrillGrate. Photo by brokenarts.

India 114

India Silicon Valley Incubator Bootstrapping 114

ReadWriteStart

OCTOBER 7, 2010

Sub-$2 million pre-money, it is better to bootstrap. A lot of money can be made with this product, and Rajan needs to build it without any outside capital - that is, with customer money - that is, with revenue - for a long while yet. If you have to raise money, try to do so as convertible notes. Value Of Insight Consulting, Inc.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

ReadWriteStart

SEPTEMBER 16, 2010

I pointed Zubair to a couple of case studies of bootstrapping using services to get more of his core product built; in parallel, I will help him pursue institutional funding. Then Zubair Ansari with CionSystems pitched a new IT provisioning and de-provisioning system that aims to handle the growing complexity of cloud adoption.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. Because customer financing equals revenue, not equity. That's why, I advised Gio to keep going with further execution on his business and build more revenue traction. In 1M/1M, our preferred financing strategy is customers.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

YoungUpstarts

AUGUST 10, 2020

The industry is booming with the average revenue per user (ARPU) in the US expected to exceed $1,450 in 2020. As at March 2020, a staggering 88 percent of shopping carts were abandoned. So lucrative is upselling and cross-selling that many ecommerce stores make most of their revenue from these two sales strategies.

eCommerce 147

eCommerce SMS Email Video 147

ReadWriteStart

OCTOBER 21, 2010

At today's roundtable, we had some very interesting discussions on creative bootstrapping. I recently wrote an article on this topic, calling all EDA entrepreneurs to build $5 million to $10 million to $20 million cash businesses that are self-financed, bootstrapped, and built organically. Read EDA Entrepreneurs: Build To Enjoy.

Bootstrapping 113

Bootstrapping IP India Silicon Valley 113

ReadWriteStart

MARCH 17, 2011

He needs to bootstrap it to a certain level, and following the 1M/1M methodology would be a good start. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Costa Rica 114

Costa Rica America Silicon Valley Entrepreneur 114

ReadWriteStart

JANUARY 27, 2011

I have discussed at length why revenue sharing channel deals may serve as perfectly fine alternatives to raising equity (or even complements) because of their non-dilutive nature. It certainly will be a better way to bootstrap the company. million in revenue. SOCO Games. The business is already profitable with $2.9

Dilution 114

Dilution Revenue Finance Entrepreneur 114

YoungUpstarts

DECEMBER 2, 2019

Not only does the outsourcing business model improve performance and reduce a company’s overall costs – a significant appeal to bootstrapped startups – but it also gives you access to a worldwide talent pool that would otherwise be beyond your range. Inefficiencies can often cost businesses between 20-30% of their annual revenue.

Technical Review 147

Technical Review Due Diligence Technical Support Bootstrapping 147

YoungUpstarts

DECEMBER 5, 2013

The revenue in 2012 was $16.4 Being a completely bootstrapped company, Steals.com cannot offer its team the best possible pay. Sramana Mitra is the founder of One Million by One Million (1M/1M), a global virtual incubator that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Silicon Valley 266

Silicon Valley Utah India Massachusetts 266

ReadWriteStart

SEPTEMBER 3, 2010

As a result, the expectation is that you have to figure out a way to get to some level of momentum on your own (by bootstrapping) or with small doses of angel money - "drip financing" so to speak. Such OEM deals may cost him 50% of his product revenue, but would be the fastest way to reach a large number of customers, nonetheless.

Channel 115

Channel India Bootstrapping Silicon Valley 115

ReadWriteStart

OCTOBER 28, 2010

And these pilots will pay for her early bootstrapping phase. In addition, I took Rohit through a discussion on a possible OEM strategy that could result in a significant revenue ramp relatively quickly. I advised her to get one or two reference customers out of her current pilots, and then start charging the follow-on pilot customers.

Partner 117

Partner Belgium Portugal Bootstrapping 117

ReadWriteStart

DECEMBER 16, 2010

The trends include Cloud computing, outsourcing, social Web, vertical and local Web, smartphones and tablets, online advertising, online video, online gaming, e-books, and bootstrapped entrepreneurship. Jimmy already has about 65 customers and about a million dollars in annual revenue. You can find details in the blog post on [link].

Senegal 117

Senegal Nevada Bootstrapping Silicon Valley 117

ReadWriteStart

OCTOBER 14, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year. Photo by emsago.

Bootstrapping 114

Bootstrapping Marketing Angel Investor Silicon Valley 114

ReadWriteStart

APRIL 21, 2011

I presented my usual 1M/1M perspective on bootstrapping. Even if there were fleeting thoughts of being bailed out by investors, they have now been banished and we are focusing on bootstrapping and making the model work with customer money." System-Sea. What I liked about this company was its deep domain knowledge and niche nature.

Networking 115

Networking Partner Entrepreneur Bootstrapping 115

ReadWriteStart

APRIL 7, 2011

Also, the business is primarily on CD-ROMs right now, but the good news is that the CD-ROM product is selling and generating revenue. It could be a good business to bootstrap the social/mobile edutainment business with. The good news, again, is that this business is generating revenues.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

ReadWriteStart

MARCH 3, 2011

Then Greg Snead, also from Tacoma, discussed Orbiter , an RFID venture that is moving along quite nicely, having clocked more than $700,000 in revenue last year. Orbiter expects to give its investors a 15 times return on investment based on their current pipeline and revenue forecast. Happy Grasshopper.

San Jose 115

San Jose Entrepreneur United States Washington 115

ReadWriteStart

NOVEMBER 4, 2010

Its mission is to help a million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Photo by svilen001.

Startup 113

Startup India Silicon Valley Incubator 113

ReadWriteStart

FEBRUARY 24, 2011

They should be built organically, bootstrapped, and get to sustainability. A sustainable business = (customer + revenue + profits). It would go a long way in validating his assumptions and possibly also bring in customer revenues if the value proposition really resonates. Investors are optional in this equation. CricketWeekly.

Incubator 116

Incubator Silicon Valley Idaho Entrepreneur 116

ReadWriteStart

JANUARY 6, 2011

John already has a couple of customers, and needs about 50 customers to get to $1M in annual revenue. In 1M/1M, we have extensive expertise on bootstrapping e-commerce businesses, and will be happy to help her navigate the paths of customer acquisition, inventory, merchandising, and financing.

Vertical 115

Vertical Web San Francisco Entrepreneur 115

ReadWriteStart

SEPTEMBER 30, 2010

Its mission is to help a million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Photo by designkryt.

India 115

India Silicon Valley Incubator Bootstrapping 115

Startup Professionals Musings

MARCH 13, 2020

Even if you are bootstrapping the business, and not looking for outside investors, the “rules of thumb” that smart investors look for should be the same ones that you use to assess your own risks and set reasonable expectations for progress and success. > Market penetration and revenue targets related to opportunity size.

Liquidity Event 308

Liquidity Event Forecast Exit Strategy Bootstrapping 308

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

ReadWriteStart

AUGUST 4, 2011

One of the discussions that ensued was about how to bootstrap a freemium venture. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Bootstrapping 124

Bootstrapping San Jose Entrepreneur Silicon Valley 124

ReadWriteStart

AUGUST 11, 2011

The challenges of bootstrapping a venture that is dependent on ad-revenue is, however, also quite significant. Spencer needs to think through a strategy for bootstrapping that phase. The company has been generating revenues for the past three years and is profitable. could be your companion. for their monetization needs.

Silicon Valley 105

Silicon Valley Columbus Ohio Incubator 105

ReadWriteStart

SEPTEMBER 8, 2011

This will achieve both customer intimacy and bootstrap funding from customers. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Entrepreneur 124

Entrepreneur India Intellectual Property 124

Life Beyond Code

SEPTEMBER 27, 2011

One Million by One Million is a global initiative that aims to nurture a million entrepreneurs reach a million dollars each in annual revenue and beyond by 2020, thereby creating a trillion dollars in global GDP and ten million jobs. 1M/1M Program has a bold mission. This is where numerous ventures fail.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

Cracking the Code

MARCH 28, 2022

So, tell us more about the inspiration for Melio… At PayPal, I led the group responsible for peer-to-peer payments globally, and grew it to around $50 billion in payment volume, and more than a billion dollars in revenue. The round we did with Accel was in late February/early March 2020 – probably the worst time in the last 50 years to raise!

B2B 62

B2B Cofounder Small Business 62

ReadWriteStart

OCTOBER 6, 2011

Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. Much revenue waits to be unlocked. She is a Silicon Valley entrepreneur and strategy consultant.

Silicon Valley 118

Silicon Valley India San Francisco Entrepreneur 118