Do Not Reinvent the Wheel

During this week’s roundtable, we had four different discussions on startup strategy. In multiple cases, I see new entrepreneurs trying to ‘wing’ a startup process. Well, startup methodology exists. Please learn how to apply existing methodology. Do not reinvent the wheel.

You can listen to the recording of this roundtable here:

TeammateMe

First Daniel Armani from Fremont, California, pitched TeammateMe. This is a classic chicken and egg situation. I don’t believe the strategy that was pitched will work.

Laztwordz

Next, Arun SP from Bengaluru, India, pitched Laztwordz. The idea needs a validation strategy and a GTM with velocity. I recommended two of my newly released Udemy courses:

• Validation for Tech Startups by Sramana Mitra
• B2B Sales Strategy for Tech Startups by Sramana Mitra

Unihub

Then, Rajmund Stolarczyk from Stettin, Poland, pitched Unihub. Here too, those two courses on Validation and B2B Sales Strategy would offer invaluable structure.

Beunik

From Envigado, Colombia, Andres Dominguez pitched Beunik. I recommended a switch in mindset from B-to-C to B-to-B.

If you haven’t already, please study our Udemy courses, free Bootstrapping course and the Investor Introductions page.

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 public roundtables. We will be holding future roundtables on Thursday at 8am PST:

March 28 – Register Here.

April 11 – Register Here.

April 18 – Register Here.

If you want a deeper relationship with me, you are very welcome to?join the 1Mby1M premium program. If you have any questions about the program, please, first study the website, especially?What to expect from the 1Mby1M premium program?and the?FAQs. If you have additional questions, please email me, and I would be very happy to respond. Please note that I work exclusively with 1Mby1M entrepreneurs.