At 1Mby1M, our agenda is to help you figure out how to put one foot before the other and build a sustainable business, irrespective of financing. If you use the program the way it is designed to be used, you would be able to derive value from it on multiple vectors. Let me quantify that equation for you.
An MBA from a top school costs $85k per year. It doesn’t necessarily teach you how to navigate an early-stage startup. The 1Mby1M Curriculum does. [Re: Democratizing Entrepreneurship Education]
McKinsey, Bain or BCG don’t like to work with small, sub $10M revenue startups, forget sub $1M. Good consultants charge $5k a day. I did, when I consulted. The 1Mby1M Roundtables combined with the Curriculum give you access to $100k+ of consulting that you would otherwise not be able to access. [Re: Democratizing Management Consulting]
CEO groups tend to charge a lot of money just for a monthly meeting and nothing else. Vistage is one such that charges $1000 a month. 1Mby1M Roundtables give you an opportunity to network with fellow entrepreneurs multiple times a week.
Good PR agencies charges $15k/month. We expose you to the world through our media channels, offering great coverage. [Check out: Coverage of Premium Members]
Add these numbers up, and you get over $375k per year of value for $1000 a year.
Add to that the network we introduce you to: customers, investors, channel partners, advisors, media, analysts.
We don’t take equity, either. You may think equity is free. Well, it isn’t. Giving up 5-10% equity for $15k-25k in funding is an expensive proposition. That’s what most incubators are charging these days.
We hope you will join us, and let us help you build a real business without wasting invaluable months and years of your life.
This segment is a part in the series : The Million Dollar Club