ReadWriteStart

MAY 5, 2011

Clearly, efforts to establish technology business incubators are in high gear around the world, and our 100% virtual offering can be a great complement to the brick-and-mortar incubators that are providing on-the-ground support for entrepreneurship development. From 2008 to 2010, Mitra was a columnist for Forbes. Discuss.

Costa Rica 115

Costa Rica Incubator Silicon Valley India 115

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

ReadWriteStart

JUNE 23, 2011

Acelerar Technologies Daniel expects SharePoint's cloud based solution provider eco-system to develop over the next few years. Anupam Rajey from Lucknow, India, presented Acelerar Technologies , an outsourced accounting services BPO project from India. For now, it won't come in through the store. Discuss.

Spain 115

Spain Entrepreneur India San Francisco 115

ReadWriteStart

APRIL 14, 2011

a group of entrepreneurs from TiE Chennai gathered at the Indian Institute of Technology-Madras (IIT-M) Research Park campus, and we spent the next four hours discussing strategy and tactics of early-stage entrepreneurship. Some of these businesses should definitely apply for the Microsoft BizSpark India Startup Challenge grants.

India 126

India Technical Review Entrepreneur Silicon Valley 126

ReadWriteStart

SEPTEMBER 16, 2010

Charge-back accounting solution for large enterprises deploying cloud technologies. Ric Telford, VP of cloud services, IBM pointed me to the rather significant move towards rolling out private clouds at large enterprises, a move that IBM is spearheading by providing full stacks of infrastructure technologies. Photo by thesaint.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

ReadWriteStart

OCTOBER 7, 2010

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. Sramana Mitra is a technology entrepreneur and strategy consultant in Silicon Valley. Tags: StartUp 101. Value Of Insight Consulting, Inc.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

MARCH 17, 2011

As I said to an entrepreneur from Hong Kong at a previous roundtable: whether you are building a startup in Silicon Valley or Timbuktu, the methodology of bringing a product or service to market is not that much different. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology.

Costa Rica 114

Costa Rica America Silicon Valley Entrepreneur 114

ReadWriteStart

SEPTEMBER 22, 2011

To celebrate the occasion, the 1M/1M initiative is inviting a dozen 1M/1M premium members from all over the world to step in front of the camera to share their entrepreneur journeys -- their ups and downs and next steps -- as inspiration for other startup entrepreneurs. You can register to attend here. Discuss.

Silicon Valley 124

Silicon Valley Ireland India Entrepreneur 124

ReadWriteStart

MARCH 24, 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. From 2008 to 2010, Mitra was a columnist for Forbes. Photo by nazreth. Discuss.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

ReadWriteStart

JANUARY 13, 2011

Interesting technology, and I will be working with him to build a comprehensive go-to-market strategy as part of the premium program. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Photo by duchesssa. Discuss.

Advertising 116

Advertising SMS Entrepreneur Silicon Valley 116

ReadWriteStart

FEBRUARY 3, 2011

He also wants to build optimization technology to make the delivery process - today managed largely by hand - better optimized. Over time, Ankur will be in a position to solve this with technology, but for now, human intervention is just fine. Upwardly mobile consumers, I am sure, would welcome a service like Delyver. Discuss.

Entrepreneur 118

Entrepreneur India Technical Review Los Angeles 118

ReadWriteStart

JANUARY 27, 2011

For a more elaborate explanation of the deal, please read my blog post 1M/1M: Alternative Financing For Startups Using A Sales Channel Partner. 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. Discuss.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

ReadWriteStart

NOVEMBER 4, 2010

For the private lounge and the video lectures in the curriculum, we're using a new online video conferencing technology called ViVu. ViVu is also a startup (funded by DFJ, and seed funds Inventus Capital, Quest Venture Partners, and Amidzad), and true to our philosophy, we're using the 1M/1M program to give them visibility.

Startup 113

Startup India Silicon Valley Incubator 113

ReadWriteStart

DECEMBER 16, 2010

However, Deborah is looking for ways to sell her low carbon footprint green house technology to producers, and is in conversations with producers in Senegal and India. Jimmy already has about 65 customers and about a million dollars in annual revenue. Sramana Mitra is a technology entrepreneur and strategy consultant in Silicon Valley.

Senegal 117

Senegal Nevada Bootstrapping Silicon Valley 117

ReadWriteStart

JULY 28, 2011

This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup eco-system. On July 1, 2006, commenting on the Indian startup scenario, I had written a blog post called Too Much Money, Too Few Deals. During this week's roundtable, we had three startups presenting.

Incubator 128

Incubator Silicon Valley Malaysia Entrepreneur 128

ReadWriteStart

OCTOBER 28, 2010

IDES Technologies. Then Cristina Soviany presented IDES Technologies from Belgium. In addition, I took Rohit through a discussion on a possible OEM strategy that could result in a significant revenue ramp relatively quickly. Sramana Mitra is a technology entrepreneur and strategy consultant in Silicon Valley.

Partner 117

Partner Belgium Portugal Bootstrapping 117

ReadWriteStart

SEPTEMBER 3, 2010

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. 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. Tags: StartUp 101.

Channel 115

Channel India Bootstrapping Silicon Valley 115

ReadWriteStart

OCTOBER 20, 2011

Soren Harrison, from Boston, Massachusetts, presented SolSolution , a solar electricity venture whereby his company places solar panels on the roofs of schools, generates electricity, sells it to the schools, as well as back to the grid, and takes advantage of the federal rebates, incentives, etc. SolSolution. Photo by svilen001. Discuss.

Massachusetts 113

Massachusetts Entrepreneur Open Source Silicon Valley 113

ReadWriteStart

MAY 26, 2011

This is a greenhouse technology to grow fresh agricultural produce. She, however, has framed the business model as a franchise, whereas in my opinion, this is a technology licensing and services business. Also, folks, remember, the Microsoft India Startup Grant application deadline is May 31. Don't miss it! Photo by ilco.

Affiliate 117

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. I also advised him to apply for the Microsoft Startup Challenge grant in the cloud category. Today, the financial picture of a CCS is updated only once a month in a batch process. Discuss.

India 116

India Entrepreneur Silicon Valley Massachusetts 116

ReadWriteStart

FEBRUARY 17, 2011

Today, I am thrilled to see that OrangeScape is emerging as a promising player in the Indian startup firmament, and reaching for global market penetration. Next, Paul Croskrey with OBM Global pitched the Multi Angular Force Generator (MAFG), an alternative energy startup aiming to provide off-grid power. Multi Angular Force Generator.

Entrepreneur 114

Entrepreneur India Silicon Valley Massachusetts 114

ReadWriteStart

MARCH 3, 2011

It would be a good idea to explore what part of their technology could be used to deliver what Nitie wants to offer. 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. You can read more about athenahealth here. Discuss.

San Jose 115

San Jose Entrepreneur United States Washington 115

ReadWriteStart

SEPTEMBER 30, 2011

To celebrate the occasion, the 1M/1M initiative is inviting a dozen 1M/1M premium members from all over the world to step in front of the camera to share their entrepreneur journeys -- their ups and downs and next steps -- as inspiration for other startup entrepreneurs. You can register to attend here. Discuss.

Poland 126

Poland Argentina Oakland Entrepreneur 126

ReadWriteStart

JUNE 9, 2011

After all, the technologies (especially Internet related) we're working with these days are a lot less complex than what the generation that produced bear chips and networking related innovations in earlier decades worked with. From 2008 to 2010, Mitra was a columnist for Forbes. Silicon Valley photo by Revol Web. Discuss.

Silicon Valley 113

Silicon Valley New Jersey Entrepreneur Massachusetts 113

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. A sustainable business = (customer + revenue + profits). They should be built organically, bootstrapped, and get to sustainability. Discuss.

Incubator 116

Incubator Silicon Valley Idaho Entrepreneur 116

ReadWriteStart

JUNE 2, 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. From 2008 to 2010, Mitra was a columnist for Forbes. Discuss.

Incubator 114

Incubator San Jose Silicon Valley India 114

ReadWriteStart

MAY 12, 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. From 2008 to 2010, Mitra was a columnist for Forbes. Photo by svilen001. Discuss.

San Francisco 125

San Francisco Entrepreneur Silicon Valley India 125

ReadWriteStart

APRIL 21, 2011

This is good news: A revenue model is always good to have early on to sustain a venture while the bigger scaling points are still being sorted out. Then Vishal Zinjuvadia presented StratExcel , a simulation technology for developing case studies. Nimit has a difficult task ahead of him: Indian customers think consulting should be free.

Networking 115

Networking Partner Entrepreneur Bootstrapping 115

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. technologies, there are many nuggets that will help you build an efficient, repeatable sales process.). Tags: StartUp 101.

Bootstrapping 114

Bootstrapping Marketing Angel Investor Silicon Valley 114

ReadWriteStart

FEBRUARY 10, 2011

Also, Kimbra Orr with Kimbra Studios presented an interesting business selling photo jewelry that is already at $750k revenue. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Kimbra Studios. Kimbra has just started some OEM relationships. Photo by ant_c54.

PPC 114

PPC Entrepreneur Silicon Valley Incubator 114

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. The good news, again, is that this business is generating revenues. This is also a business that has substantial revenue, which is wonderful.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

ReadWriteStart

MAY 3, 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. From 2008 to 2010, Mitra was a columnist for Forbes. Discuss.

Acquisition 115

Acquisition SEO San Francisco India 115

ReadWriteStart

JANUARY 6, 2011

This curriculum is based on the various questions entrepreneurs have asked me over these 64 sessions, spanning financing, positioning, customer acquisition, marketing, sales, channel, and various other early stage, startup-related issues. 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

SEPTEMBER 27, 2013

Massachusetts needs money. These days, every state is looking for ways to scrape out more revenue for failing budgets and costly infrastructure projects. So, the Massachusetts “Tech Tax” was born. It was a vaguely written and a potentially harmful burden to startups in and around Boston. And then walked away.

Massachusetts 60

Massachusetts Technology Boston San Francisco 60

ReadWriteStart

OCTOBER 21, 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. Sramana Mitra is a technology entrepreneur and strategy consultant in Silicon Valley. Tags: StartUp 101. You can register for the next roundtable here.

Bootstrapping 113

Bootstrapping IP India Silicon Valley 113

ReadWriteStart

SEPTEMBER 30, 2010

I am still kind of rattled today trying to figure out how entrepreneurs can be given some basic lessons on startups and funding. Whatever background they have is more suited to IT consulting, and I suggested that they become a value-added-reseller of a major card technology vendor and represent them in the South Asian market.

India 115

India Silicon Valley Incubator Bootstrapping 115

ReadWriteStart

JANUARY 20, 2011

Kelly's business has already done about $150,000 in revenue in 2010, which tells me that she has successfully validated at least some of her assumptions. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. Photo by Bessarro. Discuss.

Entrepreneur 114

Entrepreneur Silicon Valley Vertical Massachusetts 114