One Million by One Million (1M/1M) is a global virtual incubator/accelerator that aims to nurture a million entrepreneurs to reach a million dollars each in annual revenue and beyond, thereby creating a trillion dollars in global GDP and ten million jobs.
Silicon Valley entrepreneur and strategy consultant Sramana Mitra founded 1M/1M to create a framework for Capitalism 2.0, which she envisions as distributed, democratic capitalism. The program was born out of her 2010 New Year Resolution.
We offer a case-study-based online educational program, video lectures, lean, capital-efficient methodology guidance, online mentoring/strategy consulting at public and private roundtables, as well as introductions to customers, channel partners and investors (pre-seed, seed, angel, VC, bank, alternative financing). The public roundtable is a free program accessible from anywhere in the world. The rest of the services are for our paying members only. Please note that we focus on business strategy and execution; capital is optional, and may or may not be appropriate for your particular business. Less than 1% of businesses that seek funding are actually fundable. Yes, we help with financing, but we are perfectly happy to help the other 99% build sustainable businesses as well, irrespective of fundability or interest in external financing. 1M/1M is a for-profit business, not a foundation or a non-profit.
Start by attending our free public online roundtables where we offer free mentoring to entrepreneurs.
If you are looking to start or expand an incubator/accelerator and build a bridge with Silicon Valley, please look at our Incubator-in-a-Box program.
“1M/1M is a very helpful program, and Sramana is very well connected in the industry. When we were looking to talk to investors, Sramana introduced us to multiple investors, and also acted as an advisor helping us navigate complex term sheet clauses like tranche financing and liquidation preferences. 1M/1M also helped us win the $40,000 Microsoft BizSpark Startup Challenge Grant by helping us refine our pitch, market sizing analysis, and other details. I would enthusiastically recommend the 1M/1M program for first time entrepreneurs and technical founders who need help with understanding other aspects of running a business.”
Girish Mathrubootham, Founder & CEO at FreshDesk (Chennai, India) – Raised Series A from Accel Partners
“The value of your program is amazing. For perspective, I also joined a $12,000/year CEO-roundtable group, with professional speakers and full day, once-per-month meetings. At 1/12th the cost, 1M/1M provides far more value. I was looking for what you teach back in January of 2007 and couldn’t find it anywhere. We had just launched our first tech venture and would have saved countless thousands in trial and error education if 1M/1M was available.”
Dan Stewart, CEO, Happy Grasshopper (Tampa/St. Petersburg, Florida, U.S.)
“The 1M/1M program has been a phenomenal help to us. Within days of joining, Sramana introduced us to some key folks in the industry and helped open new doors for us. Her advice is real, focused, and actionable. I would highly encourage entrepreneurs, especially first-time entrepreneurs, to leverage the program.”
Vikrant Mathur, Co-Founder at iFood.tv (San Francisco Bay Area, California, U.S.)
“1M/1M is great to accelerate the penetration in a rich but challenging market like the United States. It takes time to build a sales and product proposition tailored to a new market and usually requires money and time, especially if the company has an innovative proposition. Within the 1M/1M network and with the great support and coordination of Sramana Mitra, CrowdEngineering has been able to quickly adjust the selling proposition, find a channel partner and reach high value prospects for its crowdsourced customer support offering.”
Gioacchino La Vecchia, CEO at CrowdEngineering (Pisa, Italy)
“I have presented numerous times at the private roundtables, and what stands out is Sramana’s incredible intelligence, and the trouble she takes to ensure she communicates her message to you in a way that makes it so easy to accept. Sramana is the kind of advisor every entrepreneur would love to have.”
Ajit Narayanan, Engineer and Founder at Invention Labs (Chennai, India)
“1M/1M is a great place to bounce your ideas and get valuable inputs. Sramana has a keen eye on positioning and gives a new perspective. Also a good place to meet new startups and growing companies.”
Abhishek Rungta, Founder/CEO, Indus Net Technologies (Kolkata, India)
“1M/1M, we would not be where we are without you!
Without the wonderful 1M/1M team, we would not be in the place in our company’s growth today! We’re at a place where we’re growing our customer base, we’re growing our internal team and even have companies speaking to us about our success as target to be acquired.
The training was and is intense, BUT is structured and NEEDED if you truly wish to be driven to success. As the founder, it was laid upon me to rely on an organization where I could ask “the dumb” questions to help my team and company to grow and to respond.
If there was one thing I could tell an entrepreneur, it would be to join 1M/1M immediately before you hire your first employee.”
Christopher M. Carter, Founder, Approyo (Hales Corners, Wisconsin)
“1M/1M has exceeded my expectations in every way. Access to Sramana as a mentor is priceless. She knows my industry and provided great insight and much needed positive reinforcement for me to take Channel Navigator to the next level at a critical pivot point in my business. The online curriculum and case studies are succinct and to the point – they gave me some fresh ideas and convinced me to redouble my bootstrapping efforts. I have had the added benefit of great PR and some solid new business leads resulting from the program. It was the best money I have spent on my business. I highly recommend the program to anyone who is looking for support and guidance in developing their concept into a profitable business.”
Clark Richter, Founder, Fossa LLC (Chicago, Illinois)
“The insight, knowledge and advice I received from 1M/1M was both exhaustive and an invaluable part of our successes.”
Steve Owens, Founder, Finish Line Product Development Services (Hudson, New Hampshire)
“The 1M/1M program has been the best investment I made before launching my app. The curriculum is full of rich content that helped me every step of the way. I fully recommend the program to any entrepreneur at any stage of developing a new startup.”
Manolo Hernandez Kuri, Founder of Snapwin (Mexico City, Mexico)
“I think we all come to the party with a specific set of issues and limitations. I thought Sramana was brutal in her commentary at first, because she exposed my weaknesses. But then she gave me a remedy, which was motivating. In a matter of speaking, she knocked me down and then helped me get back up. I got out of the 1M/1M program what I put in, and that was worth every penny.”
Harlan Robinson, Founder, HaveOneOn.Me (Gilbert, Arizona)
“1M/1M is very helpful as I turnaround LookSmart by applying Customer Development and Iterative Feedback principles. Sramana’s advice is solid for fundraising, bootstrapping, and growth hacking. “
Mike Onghai, Chief Customer Painkiller, LookSmart - Nasdaq: LOOK (California)
“1M/1M is the antidote to VC fever. What resonates with me is that, rather than spending countless hours chasing Angels / VCs, there is a clear, more efficient path to launching. 1M/1M teaches how to bootstrap, perfect your sales approach and get customers. The awesome thing is practically every technology startup can afford this. I could not imagine better place to find value as a startup.”
Ryan Thompson, Entrepreneur In Residence, Apex Datacom (Seattle, Washington)
“A refreshing way to look at startup strategy, Sramana really makes you think hard, experiment and find what works for your business. However much you think you already know about startups, business, and strategy, the 1M/1M course will teach you something that will impact your business in a meaningful way. Thank you, Sramana, for being an awesome advisor!”
Nikhil Sama, Founder and CEO, Snaplion Global (New Delhi, India)
“1M/1M was excellent platform for our entrepreneurial career. First of all, it gave us a lot of confidence when we were selected to receive a scholarship from 1M/1M. When I went through the curriculum, it was kind of an eye-opener for me in many ways and for the first time I learned the meaning of many jargon words used in the entrepreneur community. The weekly private roundtables are helping us to learn about problems for other startups and the guidance from Sramana on overcoming such problems has helped us to relate to our own problems and solve them appropriately.
Support from the 1M/1M team and the social networking tools available to communicate to a larger audience are amazing.
Still, I remember Sramana saying that 1M/1M is like a gym, where all the tools, knowledge and support are available, but it is up to the individual to use them properly. I feel the same way.”
Sathish Kumar, Co-founder, Yathes (Chennai, India)
“The three greatest things I learned from 1M/1M are:
1) Focus on a specific, target niche in your market, and go after it with full force
2) It doesn’t matter how large your niche market is because your business can still create value. In fact, there is a smaller chance of there being intense competition in such a market.
3) The best way to reach your potential customers is directly. This way you can build a relationship with them and earn their loyalty. This can be facilitated much more easily today with technology.
All of this is topped off with the icing on the cake, which is Sramana’s very actionable feedback.
Overall, 1M/1M has been a very positive and valuable experience so far, and I have already recommended it to other entrepreneurs. The value I have gained from the program makes it so the price does not even matter. If wantrepreneurs are willing to pay over $20k per year and forego a salary to go to business school and learn from professors, then there is no reason not to pay $1000 per year while working on your company and gain valuable advice and actionable feedback. You are not just investing in your company. You are investing in your own future and growth as an entrepreneur.”
Yatit Thakker, Co-Founder, Omninox Publishing (Gainesville, Florida)
“The 1M/1M program has been crucial for me since the very early days of OpsVisibility. I use the program weekly as an ‘ambiguity guide’ to clarify the path of my company.”
Gülin Yilmaz, Co-Founder & CEO, OpsVisibility
“The 1M/1M program offers outstanding value and advice to startup entrepreneurs. The 1M/1M curriculum is well thought out and to the point with case studies; roundtable meetings provide a great framework for exchanging ideas and learning from similar stage entrepreneurs. I highly recommend this program for start-ups and early stage businesses.”
Vasudeva Akula, Ph.D.,, Co-Founder, VOZIQ
“The 1M/1M curriculum is exhaustive and in-depth. The private roundtables are an excellent platform to validate your idea and refine it further. In a nutshell, if you are a first time entrepreneur, this is the program you should not miss.”
Hrishikesh Jobanputra, Co-Founder, 39shops.com
“Working with 1M/1M and Sramana helped me get laser sharp focus on the things that matter most when starting a revenue generating business from nothing. As an entrepreneur facing a myriad of complex issues and decisions, it is easy to get distracted, diverted and deviate. But if one is driven and moving at a fast pace, this program helps maintain a clear focus while providing opportunities and resources at the right time for many critical aspects, including PR, customers, and investor introductions.”
Swarna Kuruganti, Founder, PlayyIt
“Great curriculum lecture videos for first time entrepreneurs. Sramana is eager to help and provide guidance directly, and you can also learn from other companies in the program.”
Amit Aggarwal, Founder, Mangobird
“1M/1M helped me to recognize the areas of my business that could use some growth and Sramana helped me to identify how to grow those areas the fastest. The roundtables are amazing to get feedback on specific areas of your business and the curriculum videos are a great tool to use from time to time when you have questions or concerns around your business. Sramana’s direct and straightforward business savvy advice is extremely beneficial for those creative entrepreneurial business types to get grounded in their businesses.”
Nwenna Kai, Founder, The LiveWell Movement
“Team ShopOffice found 1M/1M to be a helpful program as startup entrepreneurs. Sramana is very helpful as a mentor. I have gone through the complete 1M/1M curriculum found it to be quite comprehensive. 1M/1M really helped me with my business plan and strategies. I have also attended many of the roundtables and pitched at some of them. ShopOffice has seen positive results by using this program and would recommend it to other aspiring entrepreneurs.”
Rohit Singh, Team ShopOffice
“1M/1M has been great at providing our team with mentoring and feedback at regular intervals. The weekly discussion roundups and private roundtable sessions with Sramana and other incubatees at 1M/1M have helped streamline enMarkit’s business plan. Sramana is an exceptionally motivated leader and her excitement definitely rubs off on entrepreneurs in the 1M/1M program.”
Vipin Agarwal, Co-Founder, enMarkit.com
“The 1M/1M premium program is extremely valuable and a must-do for first time entrepreneurs. There are so many wide-ranging lessons that are available as video tutorials, covering all aspects of starting a business and making it a success. Sramana is a great coach and enabler and I would highly recommend any startups out there to join this program and follow the curriculum diligently.”
Shashank Shekhar, Co-Founder, Antezen
“The 1M/1M curriculum is full of incredibly valuable information. I constantly learn from the program and refer back to it often. Along with the curriculum, I have benefited immensely from Sramana’s knowledge and experience, directing me step by step on taking my business to the next level. She is a confident, direct leader who gets a lot done in a short amount of time. Sramana is a highly respected businesswoman who has connected me with major accounts that I had wanted to get in front of for years. The cost of membership has more than paid for itself several times over. I highly recommend the 1M/1M program to any entrepreneur at any stage of business.”
Kimbra Orr, Founder & CEO, Kimbra Studios
“Sramana listened to my first pitch and summed up our position in one sentence; she can get to the heart of a matter precisely and quickly. She doesn’t tell you what you want to hear, she tells you what you need to know. The curriculum, full of detailed information on marketing and development strategies, has also been a great benefit of joining 1M/1M.”
Kevin Fullerton, Founder, PartingOut.com
“Sramana is incredibly well connected, experienced and willing to guide early stage founders with support, mentoring and facilitating connections. She has been instrumental in guiding us as part of the 1M/1M incubator and has opened up many doors through her extensive network. I look forward to her support going forward, and hope that her many successes continue.”
Ali Ahmed, Founder & CEO, Lutebox
“1M/1M provides great advice and connections, and helps you look at your business from a new angle. In short, 1M/1M offers a wonderful sounding board and strategic advice to help you think differently, which is invaluable in the fiercely competitive world around us. The 1M/1M program is the best way to get Sramana Mitra’s insights working for you.”
Abhishek Rungta, Founder & CEO, Indus Net Technologies
“1M/1M is great when you need good firm advice on how to build/improve/re-invent your business strategy. Sramana knows what it takes to make your business work and make money from it – and that’s what we all need, isn’t it?!”
Racheli Levkovich, Founder, VP Business Development, Zuznow
“I am definitely a curriculum-junkie!”
Rex Ferguson, Founder and CEO of LinguistaLogix (Cleveland, Ohio)
“In my first six months, I have used the 1M/1M curriculum quite a bit to fine tune my business plan and I am still doing so. I’ve attended a few roundtables and pitched at two. We will start our marketing campaign soon and will need confirmation from Sramana if we are headed in the right direction, when to correct, etc. I need to correct early on so I can get better results before our bootstrapping funds run out. I’m sure that is an issue with most start-ups! 1M/1M provides great mentoring support. I especially like knowing there’s someone there to give me insightful answers to my questions when I need them.”
Melanie Kusmik, Founder and CEO, StoryCube LLC (Seattle, Washington, U.S.)
“I didn’t expect Sramana to be so approachable. I have never experienced mentorship like this in Malaysia where I am based. I also appreciate the online experience where I don’t need to go someplace to participate. In a few months, I have learned to think differently and after speaking to Sramana at a private roundtable have corrected my course.”
Talat Fakhr, Game Programmer, Designer and Founder of Quantips Sdn Bhd. Business: Games and Gamification related software production (Selangor, Malaysia)
“I like the methodology and social approach of the 1M/1M program. Access to well elaborated tools and processes for proper market building and to a large network are especially appreciated.”
Mark Heifets, Technology Entrepreneur, CEO at Inphodrive (Netanya, Israel)
“With Sramana, we sprinted from vague product concept to a customer-driven business with real, reference customers in just six months. Any startup that wants to fast-track to being ‘Silicon Valley VC ready’ should participate in this program.”
Taariq Lewis, Founder & CEO at Stanzr (San Francisco Bay Area, California, U.S.)
“OrangeScape has benefited greatly by being part of Sramana Mitra’s 1M/1M program. As a company, we were able to lean back on Sramana’s vast experience in enterprise GTM processes. She has been driving specific aspects for our GTM just like another member of the OrangeScape team. Also, her interface between OrangeScape and Persistent Systems relationship has greatly helped us in progressing the partnership in a positive direction at all times. Overall, it has been a phenomenal positive for OrangeScape.”
Suresh Sambandam, Founder & CEO at OrangeScape (Chennai, India)
“Sramana’s vision and mission for One Million by One Million is becoming a reality. As a serial entrepreneur and now a participant in the 1M/1M premium program I’ve received direct and relevant feedback from Sramana during my roundtable presentation. Sramana’s mentoring along with the online lecture series has helped me perfect my presentation and pitch as I prepare to raise capital under difficult economic conditions.”
Michaeline Daboul, President & Co-Founder, MMIS, Inc. (Portsmouth, New Hampshire, U.S.)
“Since joining 1M/1M we have gained some invaluable insights from Sramana and her team. I sincerely believe established businesses, as well as startups, trying to reach the next milestone in their business have a lot to gain from participation in 1M/1M. Sramana and her team take considerable interest, and in my view a lot of personal satisfaction in their clients’ successes.”
Scott Clark, VP Business Development at Value of Insight Consulting (Miami, Florida, U.S.)
“I have found the 1M/1M premium program extremely useful in multiple ways. First, it gave us clear direction on how to move from a pure-play services business to a products business. It was very important for us to learn that we need to build a product that a customer needs rather than trying to convince the customer to think along the lines of our idea. Second, the number of connections we get from the 1M/1M program has been many and we have been successful in converting a few of them into our customers. Third, we get invaluable advice from Sramana on all aspects of business. When we were faced with a tremendous resource crunch, her advice to tap into the freelance community was extremely useful for us. All in all, we find the program very effective for us.”
Ashok Jagathrakshakan, Founder and President at Azuyo (Bangalore, India)
“I read all of Sramana Mitra’s books, which led me to the 1M/1M program. I really appreciate Sramana’s no-nonsense style and feedback. This was most useful while I was doing my market research. Through her I met and hired a programmer, also a 1M/1M member. I have attracted a co-founder and board members from industry leaders. I could not have done this without Sramana’s guidance.”
Joan Parsons, Founder and CEO of High Mileage Living (Hawaii, U.S.)
“My experience with 1M/1M program is solid knowledge gained from real world business men and women. The program is a combination of videos from Sramana into the facets of business ownership along with the stories from people who have successfully built their own businesses. I love the fact that there is a story that resonates with each of us, each one stands on its own, an inspiring source of information. Thanks for the belief in me and my business.”
Vrushali Humnabadkar, Founder and Owner, Penworks
“1M/1M has provided us with the focus needed to help us understand how to continue building our startup and what goals should be the focus for our pilot. We encourage any entrepreneur, new or seasoned, to use 1M/1M’s resources and participate in the roundtables where there is much information and knowledge to absorb.”
Shai Spetgang, CEO and Founder, RidesApp