Fierce Feminine Leadership

[FFL 269] Silicon Valley entrepreneur Sramana Mitra on Why We Need To Stop Chasing Unicorns

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Synopsis

  Sramana Mitra is Founder of One Million by One Million, the first and only global virtual accelerator. She is the author of the Entrepreneur Journeys book series as well as the Vision India 2020 and Billion Dollar Unicorns books. As an entrepreneur and CEO, she successfully ran multiple businesses, including Intarka, DAIS Infotech, and Uuma, Inc. and holds a master’s degree in Electrical Engineering and Computer Science from MIT. Keep Reading >> Sramana joins me today to explain what “unicorn businesses” are and why entrepreneurs need to stop chasing these unicorns. She shares the formula that she believes makes up a successful business, why over 99% of venture capital deals are typically rejected when seeking financing, and the parameters your business needs to meet to be considered a “fundable business.” She also explains the difference between a “real entrepreneur” and a “pseudo-entrepreneur” and why she believes smaller, profitable businesses should be celebrated.   “We are trying to create fortune in