Startup Business

Jamu is an Ancient Indonesian Tonic With Turmeric and Ginger [Video]
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Small Business Lifestyle

Jamu is an Ancient Indonesian Tonic With Turmeric and Ginger [Video]

Jamu is an ancient Indonesian drink, typically made with turmeric, ginger, and various herbs and spices. It’s been a cure-all in the country for centuries but has slowly made its way to the U.S.. Here’s everything you need to know about this traditional drink.

2025 Resolution: Bootstrap a Startup with a Paycheck, Find a Good Mentor [Video]
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Small Business Funding

2025 Resolution: Bootstrap a Startup with a Paycheck, Find a Good Mentor [Video]

These days, everyone seems to be a startup mentor. Whether they have ever done a startup or not, whether they have ever raised money or not, they are ready to advise entrepreneurs. I want to share some things we have learned in running the 1Mby1M program since 2010. First, it is difficult to give negative feedback to entrepreneurs without triggering a defensive reaction. But it is necessary. Second, our hypothesis about case-study based learning and mentoring is working very well. Today, we’re seeing entrepreneurs making good, solid decisions based on what they’re learning from the curriculum and the roundtables without even speaking with anyone. That is really cool! Third, it is complex to give people a message that goes against the grain of media hype. The media is obsessed with funding. Fourth, a lot of entrepreneurs are looking for silver bullets. They are not necessarily interested in doing the hard work needed to build a sustainable business. Building a business is

Ayesha Curry and Trisha Tobias introduce “Honeysuckle and Bone” through new imprint [Video]
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Small Business Lifestyle

Ayesha Curry and Trisha Tobias introduce “Honeysuckle and Bone” through new imprint [Video]

Chef, entrepreneur and bestselling author Ayesha Curry expands her empire into publishing with "Sweet July Books," an imprint dedicated to diverse voices. The first novel, "Honeysuckle and Bone" by Trisha Tobias, follows a young woman discovering dark secrets in Jamaica. They join "CBS Mornings."

Make VCs Chase YOU to Fund Your Startup [Video]
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Small Business Funding

Make VCs Chase YOU to Fund Your Startup [Video]

Please post this on your wall in 2025: “Startups: Do NOT Go to VCs as Beggars. Go as Kings.” This is the 1Mby1M mantra and it works. Over 99% of founders chase funding before they are fundable. We teach entrepreneurs about how to build with customer money (otherwise known as revenue) until a startup reaches that fundable stage. Once fundable, a startup can go to investors like a king, not a beggar. Nowadays, startups can be built while a founder is still fully employed. Many entrepreneurs start as solo founders and achieve great progress until they need a team. Virtual teams are common these days and easily affordable. At 1Mby1M, we support employed entrepreneurs and solopreneurs who are at the very beginning of their journeys. They might not even know what to build or how to build it. We encourage entrepreneurs not to quit their day job until their business becomes fundable or sustainable. Hundreds of thousands of entrepreneurs get rejected by investors and

Find an Exit for Your Startup [Video]
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Small Business Funding

Find an Exit for Your Startup [Video]

As the new year begins, entrepreneurs need to think about new year resolutions. Perhaps you have come to the conclusion that you will not seek further funding. Instead, you will look for an Exit. Now you have to show potential strategic acquirers how they can quickly drive revenues by pushing your product through their existing channels. This is very much a Positioning game. It is also entirely a Repeatability game. How can an acquirer sell your product through their channel? This cannot be founder-led sales. It has to be a repeatable sales process. There is a commonly held misconception among operators who do not understand positioning: We don’t want to invest in Positioning. We will be selling the company. No you won’t. Not without Positioning. Not unless you are looking for a firesale. Strategic acquirers would need to know where you fit in their portfolio. They would need to see a credible TAM model. They would need to understand Innovator’s Dilemma

Investors swoop in to save German flying taxi startup [Video]
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Small Business Funding

Investors swoop in to save German flying taxi startup [Video]

A German flying taxi startup was Tuesday saved from collapse after a consortium of investors swooped in at the 11th hour to take over the ailing firm. Lilium had already filed for bankruptcy in October, and was expected to fold entirely this week unless it could secure new sources of funding. But the startup, which