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Why does 1M/1M charge $1000?
- 2. What is the 1M/1M
Business Model?
Why don’t you take equity?
- 3. We Looked At Other
Models: Equity, Financing
They apply to 1% of all entrepreneurs.
- 4. To Take Equity, We
Have To Be Exclusive
Most incubators take pride in how exclusive they are,
how many entrepreneurs they reject.
- 5. We Want To Be Inclusive
And Democratic
Anyone can join 1M/1M
IF they want to learn.
- 6. We Accept Very Early,
Unvalidated, Concept-stage
Entrepreneurs
=> The concept may be discarded once they go
through our validation methodology.
- 7. Impossible To Value A
Business Until Later
How do we calculate equity without valuing the
business?
- 9. Much Better To
Charge A Small Fee
For unlimited access to curriculum, consulting,
mentoring, business development, financing, media
services.
- 10. $1000 is a Steal
For what we offer.
ROI: $375k + 5-10% equity
- 11. 1M/1M is not a
Non-Profit
Non-Profit
We need revenues to pay for our expenses.
- 12. Our Customers Are
NOT Charities
They are for-profit businesses.
We believe in Capitalism.
We offer value.
Value should be compensated for.
- 13. We Do Not Support
Free-Riders
The West is crumbling under the weight of free-riders.