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Sramana Mitra
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Sramana Mitra is the founder of One Million by One Million (1M/1M), a global virtual incubator that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy, and is author of the Entrepreneur Journeys book series and Vision India 2020. From 2008 to 2010, Mitra was a columnist for Forbes. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology.

Entries by Sramana Mitra

Trendspotting Platform Ecosystems

(0) Comments | Posted March 3, 2014 | 9:54 AM

For big enterprise services companies, the hot new trend is having a cloud-hosted platform for third-party applications. These platforms give app developers the resources they need to build, launch, promote, and integrate their apps with other businesses. This not only creates a bundle of exceptional business tools but it also...

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The Best Part of Being the Boss: Offering Balance

(0) Comments | Posted February 24, 2014 | 10:31 AM

The motivation for Steals.com came to Jana Francis right after she had a daughter, her third child, when she had to head back to work in the sales management team for a dotcom at the end of her maternity leave. She realized she was a smart, capable woman who could...

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A Tablet App from Invention Labs Helps Kids with Speech Disabilities

(0) Comments | Posted February 19, 2014 | 11:08 AM

The field of educational technologies is going through an exciting period. From massively open online courses (MOOCs) like MIT's OCW or edX and Khan Academy to a range of tablet and smartphone applications, the field is rife with exciting innovations that have dramatically changed the face of education. There is...

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Not All Student Entrepreneurs Drop Out

(1) Comments | Posted February 17, 2014 | 10:52 AM

Today's generation of students has a high exposure to the Internet, smartphones, social and many other technologies from a very young age. It is not uncommon to see college students tinkering with technology, starting digital start-ups, and making millions (and occasionally even billions). Some drop out of school to build...

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Navigating The Dynamic IT Channel

(0) Comments | Posted February 3, 2014 | 10:46 AM

The IT industry is one of the most dynamic industries where companies are under constant pressure to keep up with the rapid pace of technological advances and trends. However, information databases on IT companies aren't always up-to-date. Therefore, navigating the IT channel to find potential channel partners to take a...

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Make Your Mother-in-Law Your First VC

(0) Comments | Posted January 24, 2014 | 9:46 AM

Sangeeta Banerjee, CEO of apartment society management software firm ApartmentADDA, grew up in a modest environment in Kolkata, India. As a child, Sangeeta faced a lot of ridicule for riding a bicycle to school, plodding through the immense, bustling metropolis that hummed with bus horns, zig-zagging cars, rickshaws, and...

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The Future of Education: 10 Trends To Watch

(3) Comments | Posted January 17, 2014 | 9:40 AM

It is that time of the year when we tend to pause and reflect. What did we achieve last year? What are the highlights of culture, business, technology, and trends that we have observed around us?

For me, the most exciting and positive movement at present is in the domain...

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Innovation's Next Decade

(0) Comments | Posted November 27, 2013 | 2:41 PM

While the world economy continues to look shaky, the technology industry has never looked stronger.

Now is perhaps a good time to stop for a moment and reflect on what the next decade will be all about for the industry.

My vision of what the technology industry needs to focus...

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Talented Women, Please Do NOT Quit

(2) Comments | Posted November 15, 2013 | 9:22 AM

Five years ago, a good friend of mine hanged herself.

I had coffee with her the day before.

She was married to a successful Silicon Valley entrepreneur who ran a couple of major companies and had a brilliant career. She did not work. But on the surface, they had everything.

...
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Balancing Act: How A Working Mom Built Steals.com

(0) Comments | Posted October 23, 2013 | 10:39 AM

Working mothers are constantly struggling to strike a balance between spending time with their kids and making the most of their professional skills or supporting their families financially. Jana Francis, co-founder of Steals.com, has achieved this balance, and for her, the most rewarding part is that her employees are able...

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Women Entrepreneurs - May Be, Baby!

(0) Comments | Posted October 11, 2013 | 11:53 AM

Over the years, I have spoken with many women entrepreneurs who had various questions around balance and flexibility. The most critical question comes up when these entrepreneurs face the have a child vs. start a company question.

One of the best conversations I ever had on the subject was with...

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How Do You Overcome The Fear of Entrepreneurial Failure?

(0) Comments | Posted October 3, 2013 | 12:27 PM

In January 2009, in the midst of raging financial crisis and a deep global recession, I hosted an online entrepreneurship forum for laid-off engineers who were considering a switch to entrepreneurship. There were 220 people registered for the event, and 130 attended. About 145 questions were submitted, from which we...

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Innovations in Financial Technology

(0) Comments | Posted September 19, 2013 | 11:50 AM

It is of particular interest to me when an established industry begins to innovate and move in new directions. Financial technology has been an active area of innovation all along, but the advent of social media and crowd sourcing has infused new life to the sector. Aside from crowdfunding, we...

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Crowdsourced Workforces Rising

(1) Comments | Posted September 9, 2013 | 9:43 AM

Crowdsourcing is a growing trend in the tech startup industry, and one that has the potential to address pressing needs in various markets. In particular, crowdsourcing of workforces is seeing tremendous uptick. At 1M/1M we've encountered several startups that are applying the model on different problem domains related to hiring...

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Health Care IT: Making Good Progress

(0) Comments | Posted August 22, 2013 | 11:35 AM

The cost of health care administration is a hot issue in America. According to the Center for American progress, in the U.S. health care system an estimated $361 billion annually goes to cover administrative costs. That number is a 14 percent of total health care...

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Women Are Running Startups

(4) Comments | Posted August 6, 2013 | 1:07 PM

There has been tremendous sensationalizing of the women and entrepreneurship issue. Self-proclaimed (male) pundits pontificate on how women entrepreneurs face tremendous obstacles and huge prejudice.

I disagree.

I notice a blog post that I wrote on the subject in October 2010 still garners readership and discussions. Meanwhile, we continue to...

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Trend Spotting: Platform Ecosystems

(0) Comments | Posted July 26, 2013 | 11:24 AM

Having a cloud-hosted platform has become the new trend for high-tech businesses worldwide. App developers can receive the resources they need to build, launch, promote and integrate their apps with other businesses. This not only creates a bundle of exceptional business tools but it also creates a hotbed of savvy...

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Trend Spotting: Commerce on Facebook

(1) Comments | Posted July 9, 2013 | 5:49 PM

Social media's impact on global e-commerce is being felt everywhere. By promoting products via social media outlets, e-commerce companies have invited customers to spread interest and awareness of their brands through liking, reviewing and sharing products with their network of friends. Commerce on social media has become a hot trend...

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Startup Lesson: Talk To Customers Before Building Anything

(2) Comments | Posted June 21, 2013 | 11:32 AM

I always advise entrepreneurs to talk to customers BEFORE building anything. First do as much research as possible.

Some listen, some don't.

Gülin Yilmaz has listened. She is a classic example of the tenets that it pays to talk to customers, that it pays to do your research. When...

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Series A Crunch: Don't Get Discouraged

(0) Comments | Posted May 29, 2013 | 12:18 PM

Much is being said on a daily basis about the Series A crunch. I will give you my thoughts on how to deal with the issue. Please note that this advice is entirely for entrepreneurs, not investors.

First and foremost, decide whether you are a real entrepreneur, or a...

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