In her role as a volunteer with the 1M/1M project, Irina
Patterson has counseled dozens of would-be entrepreneurs and talked to
angel investors around the country. The Miami-based technology
communications consultant says her goal is to keep nascent entrepreneurs
from giving up on their business ventures. But she says entrepreneurs
who fail to validate their ideas in the marketplace and investors who
don't take them seriously are common obstacles to that goal. Patterson
spoke recently to Smart Answers
columnist Karen E. Klein. Edited excerpts of their conversation follow.
Karen E. Klein: What is 1M/1M?
Irina Patterson: One Million by One Million is a Silicon Valley-based global initiative that aims to help 1 million entrepreneurs globally reach their first $1 million in revenue. It was created by blogger and author Sramana Mitra. She asked for volunteers, so I raised my hand, virtually, and became one of the first ambassadors.
To read the full, original article click on this link: Stop Making These Startup Mistakes - BusinessWeek
Author: Karen E. Klein