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. I will work with him on his inventory financing strategy. Add to this the Not-Invented-Here (NIH) syndrome that most e-commerce companies in India have - will they buy Indrajit's product? GrillGrate.

India 114

India Silicon Valley Incubator Bootstrapping 114

ReadWriteStart

MAY 5, 2011

First up, Satya Choppadhandi from Bangalore, India, presented Evolutech Networks, a company that manufactures wireless energy monitoring devices for the smart home. The smart home business is still in the very early stages in India, and it will take some time before Evolutech ramps up. These resellers buy devices from the U.S.

Costa Rica 115

Costa Rica Incubator Silicon Valley India 115

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. By April 2010, the One Million by One Million (1M/1M) global initiative had been formally named.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). Kir Devries.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

NOVEMBER 3, 2011

In How To Defend Your Dream Against All Odds , Alex and I explore the company's journey to $200 Million in revenue, while their VCs wrote them off. Zoho is already over $100 million in revenue and is seeing tremendous traction. So, please don't get discouraged; there are many paths to success. Statisco Economic Analytics.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

Both Sides of the Table

DECEMBER 13, 2010

Accenture opened massive operations in India & China and continued its industry dominance. Since that date the S&P 500 is up 2.45% while Accenture stock is up 206% with revenue of $23 billion and a market cap of $32 billion. The things that always differentiated Accenture? Avoid the latest fads, trends or PR announcements.

Turkey 302

Turkey Differentiation IP Technical Review 302

ReadWriteStart

SEPTEMBER 16, 2010

Sequoia has financed them. Rajeev wants to build a BPO firm in a place called Bolpur in West Bengal, India. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ). Anyway, those are just a few blue sky ideas for you to go after. Photo by thesaint.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

ReadWriteStart

OCTOBER 7, 2010

That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I Our discussion today was largely around her financing strategy, and one of the key milestones that I probed her on was: What does it take to get a validated customer? Sub-$2 million pre-money, it is better to bootstrap.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

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.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

thebarefootvc

JANUARY 27, 2014

Last week, a chart in the Wall Street Journal listed private companies globally that have raised capital at $1 billion-plus valuations from venture capital firms. Globalization and resulting economic prosperity has created more wealth around the world. Suddenly, everyone’s worth a billion dollars. Or so it seems.

Technical Review 63

Technical Review Valuation Venture Capital Investment Bankers 63

Hearpreneur

NOVEMBER 19, 2021

My finance career began with a long commute and a cramped cubicle. If manufacturers can increase productivity , they can produce more without increasing costs, then they are more globally competitive. Thanks to Danavir Sarria, SupplyDrop ! #4- 4- Get away from personal problems. Photo Credit: Susan Smith. Photo Credit: Vanessa Bouche.

Entrepreneur 144

Entrepreneur Software Review LLC Web Development 144

Steve Blank

NOVEMBER 21, 2015

Existing companies are starting to feel the pressures of new technologies and the massive wave of new entrants fueled by the explosion of investment from a recent form of financing – venture capital. Venture capital firms, as we know them only date back to the 1970s.)

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

YoungUpstarts

MARCH 25, 2019

Global economic growth is determined by powerful markets, which are becoming more and more sophisticated. Nevertheless, the East provides countless opportunities covering a wide range of sectors, such as information and communication technology, energy, and finance. India’s economy is lucrative to say the least.

Russia 113

Russia China United Kingdom 113

ReadWriteStart

MARCH 24, 2011

The discussion today was around Social Media financing and go-to-market strategy. 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.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

Steve Blank

MAY 9, 2017

Risk capital has emerged in China, India and other countries where risk taking, innovation and liquidity are encouraged, on a scale previously only seen in the U.S. A 20 th century VC was likely to have an MBA or finance background. First, Venture Capital and angel investing is no longer a U.S. or Euro-centric phenomenon.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Cracking the Code

APRIL 21, 2021

It was a difficult time of exploration and iteration, as many founders experience, and it took 10 long years to build the company from $0 to $1mm in revenue, a difficult phase. After going $0 to $1mm in their first 10 years, UiPath has now hockey-sticked to over $600mm in revenue in 2020, and the automation market is still in early innings.

Leadership 62

Leadership Hockey Stick North America Europe 62

Cracking the Code

MARCH 12, 2010

Given the predictability of SaaS GAAP revenues on a quarterly basis, the fact that the 08/09 projections were unchanged is not a surprise. Given that the revenues are not growing very fast, this means that most of the companies have reduced their sales force and focused on productivity improvement. mba india. Global Warning!

Software Review 63

Software Review Technical Review Cloud Forecast 63

Up and Running

MAY 16, 2016

To date, North America has dominated the home health care global marketplace due mainly to a more sophisticated health care infrastructure and more resources committed to research and development. In 2013, North America accounted for just over 40 percent of the global home health care revenue. Financing and cash flow.

North America 95

North America United States Technical Review America 95

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. Gnosis India. In today's India, people with high-end engineering skills are in high demand. Photo by wax115.

Channel 115

Channel India Bootstrapping Silicon Valley 115

Occam's Razor

NOVEMBER 11, 2013

My professional career spans three countries: India, Saudi Arabia and the United States. My career spans customer service, engineering, finance, product development, marketing, sales, and corporate functions. The last people to get laid off in a company are the ones closest to creating revenue. 70/30 people will rule the world.

Saudi Arabia 166

Saudi Arabia Green Leadership Framework 166

ReadWriteStart

JUNE 30, 2011

India and Israel pitch their businesses. First, Senthil Natchimuthu from Coimbatire, India, discussed directdialogs. 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. directdialogs.

India 115

India Entrepreneur Silicon Valley 115

Cracking the Code

SEPTEMBER 19, 2017

billion in revenues (growing 39% year-on-year) and $25B of market cap. Compared to Salesforce, the industry leader, the stats were not too dissimilar over the same period: its market cap grew by $19B and its revenue increased by $3.3B. in SaaS companies globally. These 12 have performed well, with an aggregate $2.6

Europe 83

Europe Cloud API 83

Both Sides of the Table

SEPTEMBER 17, 2017

These standards allowed global collaboration and expanded the boundaries of trade. The great promise of the Internet was the ability to break down barriers and allow you to sell products and services globally, benefitting buyer and seller. This is amongst the first examples of the modern corporation.

Government 280

Government Distribution Stock United States 280

ReadWriteStart

MAY 4, 2011

Pune has become a hotbed of product entrepreneurship in India, and I was curious to see what kinds of ventures are cooking there. 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. On April 17, I was in Pune for a 1M/1M live event.

India 116

India Entrepreneur Silicon Valley Massachusetts 116

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. She writes the blog Sramana Mitra On Strategy and is author of the Entrepreneur Journeys book series and Vision India 2020.

Affiliate 130

Affiliate San Francisco Entrepreneur India 130

ReadWriteStart

NOVEMBER 17, 2011

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. Folks, please understand a simple point: Business schools, when they teach you entrepreneurship, teach you about financing. Jay does not have that yet.

Early Stage 116

Early Stage India Entrepreneur Silicon Valley 116

Up and Running

AUGUST 23, 2017

Another hurdle we faced was navigating the huge difference in the way products are marketed in India versus countries such as the U.K. Thankfully, we didn’t need to use our emergency fund, but having one surely helped us manage our finances better. Understanding the nuances of international marketing. Don’t do that!

Design 121

Design Startup Social Media India 121

ReadWriteStart

JULY 28, 2011

An ad-supported network, the company has achieved over $1 million in revenue and is profitable. It is currently evaluating options and strategies for growth and the possibility of additional financing. I like the idea, but to go from idea to financing, there is a long road for Adarsh to travel still. Healthcare e-Market.

Incubator 128

Incubator Silicon Valley Malaysia Entrepreneur 128

ReadWriteStart

SEPTEMBER 8, 2011

New Global Markets. First up, David Nordell from Kfar Ya'avetz, Israel, pitched New Global Markets , a solution for making it easier for banks to offer their customers global banking facilities. For example, say, Barclays has a customer in the UK who also wants a bank account in India.

Entrepreneur 124

Entrepreneur India Intellectual Property 124

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. If possible, of course. Photo by mjamesno.

Partner 117

Partner Belgium Portugal Bootstrapping 117

ReadWriteStart

NOVEMBER 4, 2010

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. My assessment is that this is not a traditional venture financing type deal. Qualitas Technologies. Photo by svilen001.

Startup 113

Startup India Silicon Valley Incubator 113

ReadWriteStart

MAY 26, 2011

Next, Priyanka Bhatnagar from Pune, India, pitched Priyanka Bhatnagar Jewellery & Accessories , an e-commerce jewelry line. Adam needs a crash course on financing and should go digest the 1M/1M curriculum module on that topic ASAP. Also, folks, remember, the Microsoft India Startup Grant application deadline is May 31.

Affiliate 117

Affiliate India Nevada Silicon Valley 117

ReadWriteStart

APRIL 7, 2011

At present, ISA has a set of pilot clients and is toying with the idea of going global. Well, you can't really go "global" without a go-to-market strategy that evaluates different markets, and assesses the competitive positioning in each of them. The good news, again, is that this business is generating revenues. Math-Quest.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

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.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

ReadWriteStart

FEBRUARY 17, 2011

OrangeScape positions itself as an Application Platform As A Service (APaaS) provider, and has some marquee customers in India including Unilever, Citibank, Pfizer, AstraZeneca, and Sterlite. Next, Paul Croskrey with OBM Global pitched the Multi Angular Force Generator (MAFG), an alternative energy startup aiming to provide off-grid power.

Entrepreneur 114

Entrepreneur India Silicon Valley Massachusetts 114

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