What's 1M/1M?

                                                                         Pic by Irina Patterson, map template credit: eduplace.com

1. One Million by One Million is a global initiative conceived by Ms. Sramana Mitra, an M.I.T. alumna, Silicon Valley-based entrepreneur, and strategy consultant who has founded 3 companies herself and provided strategy consulting to over 80 organizations.

2. Our goal is to help a million entrepreneurs reach a million dollars in annual revenue by 2020.

3. 1M/1M business development methodology consist of: Start-up Demystification> Idea Validation> Bootstraping> Positioning> Go To Market> Financing>Exit Strategy.

4. It is a case-study-based online educational program tought by Ms. Sramana Mitra via video lectures and one-on-one consulting at public and private online roundtables. The program also includes introductions to customers, partners and investors (pre-seed, seed, angel, VC, bank, alternative financing).

5. The public roundtable is a free program accessible to any enrepreneur from anywhere in the world. The rest of the services are for 1M/1M paying members. A one-year membership is $1000 and it is nessesary in order to keep the program going and self-funded.

6. If you have any questions about 1M/1M, feel free to call me at 786-301-2456.

7. We are open to partnerships with entrepreneurial support organizations worldwide. If you are running a start-up incubator and want to learn more about how we could work together, please give me a call at the number above.

8. My current role at 1M/1M is research on seed financing for entrepreneurs. I interview anyone and everyone who has anything to do with early stage business financing and that includes banks, state development agecies, Angel investors, VCs, as well as incubators and accelerators which also provide mostly pre-seed money for entrepreneurs.  If you interested in early stage business financing, you can learn a lot by reading my interviews.

9. I am one of the first 1M1M Ambassadors who are all working towards the same goal in every corner of the world, from Silicon Valley to Africa.

10. The goal is very simple: together with the local entrepreneur-supporting organizations to shepherd each entrepreneur to their first $1million in revenue and beyond.

11. The elegance of this strategy is that the credit for the achievement will go largely to the local EDOs and the hard work of the entrepreneurs themselves.

 

About me: I am Irina Patterson, was a Medical Doctor and tech PR executive in the past, My current passion is entrepreneurship. Nowadays, I spend most of my time working on developing 1M/1M. I value detailed analytical work, but I don't take myself too seriously. In my spare time, I twist whimsical balloon art and practice explaining business issue with funny cartoons. Feel free to reach me by leaving your comments below or follow me on Twitter @mylifeandart

Comments

[julie shen]

I'd like to start my own business. I know what I want to do and it's not going anywhere. Maybe some strategies from your organization would help. Thank you.

[Irina Patterson]

Yes, Julie. Why don't you start here, at the Strategy Roundtables http://bit.ly/3vVb58 Any Thursday, at 11am EST, Listen how other people pitch their businesses and get feedback on their strategy, then prepare your own pitch, pitch it to Sramana for feedback on your idea and that, I am sure, will help you to get going!

[Deepak]

Excellent Project. Keep it up Irina.

[irina patterson]

Thank you, Deepak. I wish more people feel like you.
I see you are in India. If you didn't have a chance to read Sramana Mitra's book Vision India 2020, give it a try. I am reading it now. It blows my mind. Will review it here in a few days.

[Shana]

Hello Irina, I agree with Deepak. I have just started my own company with a brand new product on the market but I could use some advise/help.

[Irina Patterson]

Shana,

Start attending our 1M1M strategy roundtables: http://www.sramanamitra.com/entrepreneurship-strategy-roundtables/ See you there. -- Regards -- Irina

[mike khoury]

I would like your opinion on this new product launch.
I bought a dot com www.InvestMojo.com to post my business information on instead of send files.
Please look at the information, espically Part 2.
Thank You

[Charlie McClaskie]

Irina- This all sounds very interesting. I recently started a tech recruitment firm that focuses on placing professionals within the Open Source community. I'm independent, and I have worked with many small startups helping them to find the talent that they need to get thier organizations moving.

Charlie

[Irina Patterson]

Charlie,

You are welcome to attend the free strategy roundtables and learn more: http://1m1m.sramanamitra.com/free-public-roundtables You can also ask me questions here. -- Regards -- Irina

[Elliptical reviews]

No offense, but if there's a facebook like button, it'll be much easier for me to share.

[lab technician]

This article is very good, I very much agree. There is no way to be contacted, I have a question to ask what the future will come back.

[Caverta]

Great information you got here. I've been reading about this topic for one week now for my papers in school and thank God I found it here in your blog. I had a great time reading this.

[Bridal Jewelry]

I enjoyed your article a lot. You've given me something to think about the next time I run into someone like this women you met on the plane. I try to remind myself that I don't know what they've gone through that day or week and maybe there's something wrong. Or maybe that's her personality. If so that's sad, but you handled it well. Next time I fly I'm going to yell out, "I WANT THE CEREAL!"

[bmw auto parts]

Great post. I am very happy to know some of the quality blogs still exist now that useful information. xyj