The document outlines a plan to build an entrepreneurship pipeline in Kolkata by aligning with trends in outsourcing IT services and products to small and medium businesses. It discusses how Silicon Valley has benefited from a large pipeline of startups due to trends, even with high failure rates. In contrast, Kolkata has missed major trends and lacks a pipeline. The plan is to start 1000 companies in Kolkata by having them provide online services like social media marketing, website development, customer support that small businesses demand. This will generate many jobs and revenue. The document provides examples like Zoho and Freshdesk that found success serving this market and proposes an incubator to provide mentoring, consulting and access to networks to help
2. Entrepreneurship is a
Darwinian Numbers Game
High Infant Entrepreneur Mortality
600,000 companies go out of business every year in the US
But, 600,000 business startup every year as well
30. Minimum Viable Product
(MVP) Development
Mobile, Social, Online Apps
Example: XMinds from Kerala
Software Development Services
31. Other Needs: Writing, Design,
Web Research, Lead Gen,
Data Entry, Email Campaigns,
Email & Chat Support
Small businesses need numerous outsourced services
to maintain a lean but effective growth model
32. Can Generate a Million
Jobs by 2020
Highly labor intensive businesses
Perfect for lower-end Outsourcing
33. 1M/1M: Virtual
Incubator
We also have needs for products / services within the
network
37. 1M/1M Will Help You With
Business Strategy &
Execution
Sramana Mitra
Founder, One Million by One Million
1M Entrepreneurs x $1M+ Revenue by 2020
http://1Mby1M.com