Recap of the 2 September 2011 roundtable by Sramana MitraSummer is over. Time to get back to work.
At today’s roundtable, I synthesized some posts from our blog to give entrepreneurs, incubators, investors, and economic development agencies a flavor of what we've been doing this summer to make life easier for you.
In How Not To Sell Equity Too Cheap, Too Soon, entrepreneurs would find a discussion of what we recommend when it comes to selling incubation-stage equity. Also, PLEASE do not go banging on the doors of investors without first validating your business and knowing that your project is fundable. How to Become a Fundable Entrepreneur explains some of the issues we are seeing in the market. Please also read: The Myth About Seed Funding. Ninety-nine percent of the entrepreneurs seeking funding get rejected. We do NOT want you to be one of them.
In How To Turn Fool's Gold Into The Real Thing, angel investors would find an analysis of the inefficiencies in sourcing and grooming good deals, and our proposed solutions.
Development Agencies and Regional Incubators, please read: Does Your Region Experience Brain Drain Of Technology Entrepreneurs? and Is Your Region Full Of Savvy Entrepreneurs? Also relevant: How Do You Scale Mentoring? and How To Access Silicon Valley's Tribal Knowledge. Together, they provide an ensemble of solutions to problems that many incubators and accelerators, as well as economic development agencies, face.
Also, we're starting to experiment with pre-incubation ideas with some of you. Please reach out if you'd like to start a pre-incubation pilot.
Finally, if you are still wondering about the 1M/1M premium program, please read: Free vs. Paid Help For Entrepreneurs. Further questions? Call Irina at 786-301-2456.
Summer is over. Let's make things move!
You can listen to the recording of today’s roundtable here. We had an excellent Q&A at today's session. There were people from Argentina, Israel, India, France, New York, Washington, Nigeria, etc. I always enjoy the international footprint of the program and hope that you do as well.
I would very much like to hear about your business, so let me invite you to come and pitch at one of our free 1M/1M public roundtables. We will be holding future roundtables at 8:00 a.m. PDT on the following dates:
Thursday, September 8, Register Here.
Thursday, September 15, Register Here.
Thursday, September 22, Register Here.
Thursday, September 29, Register Here.
We will be holding our 100th roundtable on Thursday, October 6 and are planning a special event for that day. You can register to attend here.
And if you want a deeper relationship with me, you are very welcome to join the 1M/1M premium program. If you have any questions about the program, please, first study the website, especially What to expect from the 1M/1M premium program and theFAQs. You can also take the 1M/1M self-assessment test here. If you have additional questions, please email me, and I would be very happy to respond. Please note, that I work exclusively with 1M/1M entrepreneurs.
I also invite you to join the 1M/1M mailing list for the ease and convenience of getting updates. This way we can stay in touch and it will help you to decide if 1M/1M is a program for you.
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. 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. From 2008 to 2010, Mitra was a columnist for Forbes. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology.