ReadWriteStart

SEPTEMBER 10, 2010

During this week's roundtable we discussed an area that deserves a serious look from entrepreneurs: Rural BPO. Today, I invited entrepreneurs to come up with ideas, apply the 1M/1M methodology to it, and come discuss with me at these roundtables. I call it drip-financing. In 1M/1M, our preferred financing strategy is customers.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

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. million financing round for. My recommendation to Hardika is to study the FDBI project.

India 116

India Green Silicon Valley Massachusetts 116

ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. million in revenue. LetsGiftIt. Discuss.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

ReadWriteStart

SEPTEMBER 23, 2010

At today's roundtable, we had three niche e-commerce entrepreneurs and two e-commerce infrastructure entrepreneurs. First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. I will work with him on his inventory financing strategy. GrillGrate.

India 114

India Silicon Valley Incubator Bootstrapping 114

ReadWriteStart

OCTOBER 7, 2010

Before I do, however, I want to talk about a thumb rule that I'd like to propose to entrepreneurs about raising money. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008.

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Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

OCTOBER 13, 2011

You then become dependent on outside financing, and that is a slippery slope. It is much better to grow organically with revenue. In 1M/1M premium, we do invest in certain companies on a revenue sharing basis and create channel partnerships with one or more of our partners. Cortese Design Bags. Photo by Gisela Giardano.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

ReadWriteStart

JUNE 30, 2011

True to the international dynamic of 1M/1M, during today's roundtable we had entrepreneurs from the U.S., The site has 11 million page views a month, and Jeu expects 2011 revenues to be about $250k. The revenue models need to be revisited, and the customer acquisition strategy as well. India and Israel pitch their businesses.

India 115

India Entrepreneur Silicon Valley 115

ReadWriteStart

JULY 21, 2011

Earlier, of course, we covered AngelList at length , also a crowd sourcing venture in the angel financing space, and this week, we have covered SecondMarket , which is powering Facebook's private market capital raising. Please note, that I work exclusively with 1M/1M entrepreneurs. peerbackers. Money photo by epSos. Discuss.

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Affiliate San Francisco Entrepreneur India 130

ReadWriteStart

AUGUST 4, 2011

However, how do you get to critical mass, and how do you finance the period during which this business runs on red ink? How much time do you budget for red ink financing? Whichever direction you go, please do not assume that some VC is going to finance you during this phase. How long can you go without a salary?

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Bootstrapping San Jose Entrepreneur Silicon Valley 124

ReadWriteStart

JULY 28, 2011

In many of these cases, the funds or the accelerators want to put in $100,000 to $500,000 in select ventures but are having a hard time finding mature entrepreneurs to support. An ad-supported network, the company has achieved over $1 million in revenue and is profitable. She is a Silicon Valley entrepreneur and strategy consultant.

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Incubator Silicon Valley Malaysia Entrepreneur 128

ReadWriteStart

SEPTEMBER 30, 2011

During this week's roundtable, once again, we had an international group of entrepreneurs presenting from Buenos Aires, Argentina; Warsaw, Poland; Geneva, Switzerland; Sherbrooke, Canada; Oakland, California; and Austin, Texas. It is, however, too early for financing. Please note, that I work exclusively with 1M/1M entrepreneurs.

Poland 126

Poland Argentina Oakland Entrepreneur 126

ReadWriteStart

NOVEMBER 17, 2011

I have written about this before on my Forbes column, but want to raise the question again: Are Business Schools Setting Up Entrepreneurs To Fail? Nonetheless, in the last couple of years, the flow of first-time entrepreneurs who come out with the misconception that Entrepreneurship = Financing has not abated.

Early Stage 116

Early Stage India Entrepreneur Silicon Valley 116

ReadWriteStart

JANUARY 6, 2011

6, 2011 we hosted our 64th free One Million by One Million (1M/1M) strategy roundtable for entrepreneurs, and the first for this year. As usual, then, I worked with three entrepreneurs working on specific businesses. John already has a couple of customers, and needs about 50 customers to get to $1M in annual revenue.

Vertical 115

Vertical Web San Francisco Entrepreneur 115

ReadWriteStart

AUGUST 11, 2011

In many of these cases, the funds or the accelerators want to put in $100,000 to $500,000 in select ventures but are having a hard time finding mature entrepreneurs to support. Announce one or two $100,000 prizes that only those entrepreneurs who have gone through and completed at least 60 hours of 1M/1M curriculum would be eligible for.

Silicon Valley 105

Silicon Valley Columbus Ohio Incubator 105

ReadWriteStart

MAY 26, 2011

Adam needs a crash course on financing and should go digest the 1M/1M curriculum module on that topic ASAP. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy , and is author of the Entrepreneur Journeys book series and Vision India 2020. Photo by ilco. Discuss.

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Affiliate India Nevada Silicon Valley 117

ReadWriteStart

MAY 4, 2011

Manoj is experiencing a long sales cycle of close to 12 months, but he has already created a sustainable company that has revenues and profits. He is exploring outside financing, but my concern is that unless the growth rate accelerates, this particular business may not fit the venture model. Discuss.

India 116

India Entrepreneur Silicon Valley Massachusetts 116

ReadWriteStart

FEBRUARY 24, 2011

It makes the following observation: When I first talked about the 1M/1M program, I had observed the need to contain the immense infant entrepreneur mortality prevalent in the startup ecosystem. That means that less than 1% of the entrepreneurs who apply succeed in getting financed. His firm invests in four. CricketWeekly.

Incubator 116

Incubator Silicon Valley Idaho Entrepreneur 116

ReadWriteStart

DECEMBER 8, 2011

At today's roundtable, we discussed three major trends and opportunities for 2012 and also worked with an entrepreneur from Europe. Our audience of readers is full of entrepreneurs. And what do entrepreneurs do? If you are an entrepreneur looking for an open problem to solve, look no further. Social Contacts.

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Greece Entrepreneur India Silicon Valley 116

ReadWriteStart

APRIL 7, 2011

At today's session, therefore, all our entrepreneurs were pitching from Malaysia. 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. The good news, again, is that this business is generating revenues. ISA Innovation. A mistake, in my opinion.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

ReadWriteStart

SEPTEMBER 8, 2011

I advised him to get a couple of banks to finance the development of his solution as service projects, with the understanding that he will build a product out of them. Israel has a long tradition of entrepreneurial activity, and it was a real pleasure to hear from so many entrepreneurs. Israeli flag photo by Ron Almog. Discuss.

Entrepreneur 124

Entrepreneur India Intellectual Property 124

ReadWriteStart

FEBRUARY 17, 2011

I have long been a champion of Indian product companies, urging the entrepreneurs to think beyond labor arbitrage and outsourcing. It is squarely in his critical path, blocking all sorts of financing options, and unfortunately, he cannot really make progress with this venture without some external financing.

Entrepreneur 114

Entrepreneur India Silicon Valley Massachusetts 114

ReadWriteStart

OCTOBER 28, 2010

All this, could, potentially, be done without external financing. And along the way, if necessary and appropriate, she can raise financing with a vastly more validated business. At this point, financing discussions are premature and are likely not to yield success.

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Partner Belgium Portugal Bootstrapping 117

online.wsj.com

SEPTEMBER 23, 2012

An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. If failure is defined as failing to see the projected return on investment—say, a specific revenue growth rate or date to break even on cash flow—then more than 95% of start-ups fail, based on Mr. Ghoshs research. Blding Mat.,

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

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

DECEMBER 16, 2010

As for the entrepreneur pitches, first up today was Bhupendra Kanal with InRev , a social CRM analytics company. Jimmy already has about 65 customers and about a million dollars in annual revenue. The company is profitable and has so far raised only $400,000 in friends and family and angel financing.

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Senegal Nevada Bootstrapping Silicon Valley 117

pandodaily.com

NOVEMBER 29, 2012

Essentially, we got here by entrepreneurs having too much of a good thing. And because capital requirements are lower, entrepreneurs are holding onto more ownership, making it a lot easier to flip your company for less than, say, $30 million and become very rich. More cash equals more entrepreneurs who get to start companies.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93

Seeing Both Sides

SEPTEMBER 15, 2015

Decades ago, the thesis of Yossi Vardi , a prolific technology entrepreneur who has invested in 75 Israeli startups, was that Israeli entrepreneurs should seek quick exit opportunities through global corporations interested in buying a window into Israeli talent and technology. We think so. Today, this thesis is less relevant.

Cofounder 20

Cofounder Technical Review United States 20

ReadWriteStart

OCTOBER 14, 2010

At today's roundtable we had some intensive discussions around market sizing and its impact on financing. 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.

Bootstrapping 114

Bootstrapping Marketing Angel Investor Silicon Valley 114

ReadWriteStart

NOVEMBER 4, 2010

To get started, I suggest you take a look at three videos messages: To Entrepreneurs , To Investors , and To The Media. Benson's business needs $500,000 to get off the ground, buy a machine, and meet the operating expenses, and he primarily came to discuss his financing options. Qualitas Technologies.

Startup 113

Startup India Silicon Valley Incubator 113

ReadWriteStart

OCTOBER 21, 2010

I am always fascinated by how innovative entrepreneurs get when faced with resource crunches. 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.

Bootstrapping 113

Bootstrapping IP India Silicon Valley 113

ReadWriteStart

SEPTEMBER 30, 2010

One of the entrepreneurs presented a business idea that sounded like a business-to-consumer concept, but as I peeled the onion, it turned out that the business was really a business-to-business concept. Here I had an entrepreneur telling me with a straight face that he was leaving the most basic business decisions for the investors to make.

India 115

India Silicon Valley Incubator Bootstrapping 115

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. By definition, the capital investment needs to be relatively low such that the investors and the entrepreneurs all make a healthy return on investment.

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. By definition, the capital investment needs to be relatively low such that the investors and the entrepreneurs all make a healthy return on investment.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

Seeing Both Sides

DECEMBER 1, 2010

Yesterday, I analyzed the Massachusetts IPO ecosystem. I’m sure I must be missing a few, but my informal survey of NY VCs, bankers and entrepreneurs didn’t yield any others. Estimated 2010 Revenue. Everyday Health almost did, but then pulled out and raised a private round of financing instead. Today, I look at NY. .

IPO 29

IPO Massachusetts Advertising Finance 29

Seeing Both Sides

FEBRUARY 22, 2009

In this article he opines: "I would have loved to have seen the stimulus package include a government-funded venture capital bank to help finance all the start-ups that are clearly not starting up today — in the clean-energy space they’re dying like flies — because of a lack of liquidity from traditional lending sources.".

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Venture Capital Capital Gains Massachusetts IPO 20