Roundtable Recap: November 20 – Manipur Discovers 1Mby1M
During this week’s roundtable, we had our first ever entrepreneur pitch from the tiny Indian state of Manipur, tucked away in the fast Eastern corner, by the Myanmar border. In a discussion at the end of the session, we learned that the state has about 90 startups, and a WhatsApp group has about 180 entrepreneurs and aspiring founders.
This reminded me why I started 1Mby1M: to democratize entrepreneurship education, incubation and acceleration.
BioLeads
As for our entrepreneur pitches, first we had Ritwik Dubey from Toronto, Canada, pitch BioLeads. We discussed TAM and Fundability.
Ridezz
Next, we had Sunny Paliwal from Jaipur, India, pitch Ridezz, a 2-wheeler ride sharing app. We discussed how to bootstrap to validation.
Nibiaa
Then we had Aeroshil Nameirakpam from Imphal, India, pitch nibiaa. Imphal is the capital of Manipur. Nibiaa is generating a small amount of revenue. The company has good potential to grow, but needs to tighten its go-to-market strategy quite a bit. It can be done.
You can listen to the recording here:
As always, I would very much like to hear about your business, so let me invite you to come and pitch at one of our free 1Mby1M Mentoring Roundtables. We will be holding future roundtables on most Thursdays at 8am PST:
December 4 – Register Here.
December 11 – Register Here.
December 18 – Register Here.
If you want a deeper relationship with me, you are very welcome to join the 1Mby1M Premium program.
Explore Related TopicsWhy Non-Equity Accelerators MatterEquity vs Non-Equity AcceleratorsHow to Choose a Non-Equity AcceleratorSuccess Stories from the 1Mby1M Non-Equity AcceleratorBootstrapping or Seedstrapping to Exit are okay for Equity-Free AcceleratorsSmall TAM Is Okay for Equity-Free Accelerators The Myth of “Unfundable” LLM Wrapper Startups Ownership Matters: Why Founders Should Protect Their Equity and how 1Mby1M HelpsTop Equity-Free Accelerators in the World — and Why 1Mby1M Is Your Best ChoiceLearn why Equity-Free Accelerator is CrucialOne Million by One Million (1Mby1M) is the first global virtual accelerator in the world, founded in 2010 by Silicon Valley serial Entrepreneur Sramana Mitra. It offers a fully online entrepreneurship incubation, acceleration and education resource for solo entrepreneurs and bootstrapped founders working on tech and tech-enabled services ventures. 1Mby1M does not charge equity, offers an AI Mentor available 24/7 in 57 languages, and offers a compelling alternative to Y Combinator and other equity accelerators.
The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later , focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond.
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