Today’s roundtable gave us a taste of entrepreneurial activity in Chile, Canada and India.
GapJumpers
First up was Kedar Iyer and Petar Vujosevic from Santiago, Chile, pitching GapJumpers, a neat idea to get hiring managers to ask questions from potential talent, thus developing both a dialog and understanding of their expertise.
Of course, the mechanics of building such a community needs to be worked out. For one thing, it needs to be built discipline by discipline, and a critical mass of hiring managers and candidates needs to be assembled for a specific area for the community to then snowball and spread virally.
Kedar and Petar are also faced with the issue of raising venture capital in Chile. Latin American investors they have talked to want to invest in companies with market focus within Latin America. GapJumpers is a global idea.
DomaStay
Then Ailton Schoemberger from Vancouver, BC, pitched Domastay, a marketplace for international students to be paired up with Homestays in the city where they will be studying. It’s an interesting and seemingly viable niche opportunity that I felt would be worth pursuing. What I also liked very much is that Ailton is already monetizing, and believes he can get to $50k in revenue without any outside financing. That is great news, and raising outside capital would be much easier with that level of validation, if the TAM is sufficient.
Icon Indices
Next, Anurag Saxena from Pune, India, pitched Icon Indices, a software for generating random codes to prevent the proliferation of counterfeit merchandise in countries such as India where the problem is astronomical.
You can listen to the recording of today’s roundtable here.
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 1M/1M public roundtables. We will be holding future roundtables at 8 a.m. PDT on:
Thursday, July 18, Register Here.
Thursday, July 25, Register Here.
Thursday, August 22, Register Here.
Thursday, August 29, Register Here.
If you want a deeper relationship with me, you are very welcome to join the 1M/1M premium program. If you have any questions about the program, please, first study the website, especially What to expect from the 1M/1M 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 1M/1M entrepreneurs.
I also invite you to join the 1M/1M mailing list for the ease and convenience of getting updates. This way we can stay in touch, and it will help you to decide if 1M/1M is a program for you.
Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, a virtual incubation program 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. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology.