Why does 1M/1M charge $1000?

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Why Does 1M/1M Charge $1000 a Year? FAQ about 1M/1M Business Model

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For people interested in using the services of the 1M/1M global virtual incubator, this is an important question.

Transcript of Why does 1M/1M charge $1000?

Page 1: Why does 1M/1M charge $1000?

Why Does 1M/1M Charge $1000 a Year?FAQ about 1M/1M Business Model

Page 2: Why does 1M/1M charge $1000?

What is the 1M/1M Business Model?Why don’t you take equity?

Page 3: Why does 1M/1M charge $1000?

We Looked At Other Models: Equity, FinancingThey apply to 1% of all entrepreneurs.

Page 4: Why does 1M/1M charge $1000?

To Take Equity, We Have To Be ExclusiveMost incubators take pride in how exclusive they are,how many entrepreneurs they reject.

Page 5: Why does 1M/1M charge $1000?

We Want To Be Inclusive And DemocraticAnyone can join 1M/1MIF they want to learn.

Page 6: Why does 1M/1M charge $1000?

We Accept Very Early, Unvalidated, Concept-stage Entrepreneurs=> The concept may be discarded once they go through our validation methodology.

Page 7: Why does 1M/1M charge $1000?

Impossible To Value A Business Until LaterHow do we calculate equity without valuing the business?

Page 8: Why does 1M/1M charge $1000?

Expensive Equity 6% for $25k in funding is a bad deal.

Page 9: Why does 1M/1M charge $1000?

Much Better To Charge A Small FeeFor unlimited access to curriculum, consulting, mentoring, business development, financing, media services.

Page 10: Why does 1M/1M charge $1000?

$1000 is a StealFor what we offer.ROI: $375k + 5-10% equity

Page 11: Why does 1M/1M charge $1000?

1M/1M is not a Non-ProfitWe need revenues to pay for our expenses.

Page 12: Why does 1M/1M charge $1000?

Our Customers Are NOT CharitiesThey are for-profit businesses.We believe in Capitalism.We offer value. Value should be compensated for.

Page 13: Why does 1M/1M charge $1000?

We Do Not Support Free-RidersThe West is crumbling under the weight of free-riders.

Page 14: Why does 1M/1M charge $1000?

http://1Mby1M.comPlease join us at a FREE Strategy Roundtable Soon!