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To help 1M entrepreneurs reach $1M in revenue and beyond. Goal:
1M/1M Ambassadors will use social media to create meaningful partnerships with entrepreneurship development organizations around the world Channel
University Entrepreneurship Programs (MIT Deshpande Center) University Entrepreneurship Clubs & e-Cells (e.g. IIT Bombay) Alumni Groups (e.g. MITCNC) Professional Groups (e.g. SVASE, ASTIA) Ethnic Groups (e.g. TiE, Silicon French) Government Programs (e.g. Singapore) Etc. Entrepreneurship Development Organizations (EDOs)
Online Roundtables Deal Radar series on the blog: Showcase entrepreneurs from the various networks Find and profile companies that have hit $1M in revenue May introduce a new series called Campus Radar or Incubation Radar for smaller companies We will develop additional resources Private online CEO lounges Access to angel investors and VCs Founder match-ups Business development Early adopter customer validation Startup jobs Service providers for outsourcing In-person Meetups Etc. Books, blogs, columns: Portable mentoring devices to propagate the methodology Resources
50 ambassadors Each manage 20 EDO partnerships Promote roundtables, and engage entrepreneurs In each EDO, ambassadors will need to develop 10 internal ambassadors who will multiply the effect by another factor of 100 (50 x 20 x 10) x 100 = 10,000 x 100 = 1M Each ambassador, thus, brings in and nurtures $20k entrepreneurs Each internal ambassador brings in and nurtures 100 First, get 1M entrepreneurs engaged in the movement
Demystification Idea validation Bootstrapping Positioning Go to Market Financing Other Then, get them to follow the EJ methodology