MillionARR
Studio
Our Mission
Our mission is to help build one thousand $1M ARR companies by underserved entrepreneurs.
WHY
"Many entrepreneurs today know how to pitch to get funded for a $1B idea but do not know how to generate $1M in revenue. We believe that the path to $1B goes through $1M, so we are focussing on helping companies learn how to generate $1M in revenue." - Tom Chikoore, Founder - MillionARR.studio
WHAT
We focus on:
Recurring revenue business models
Capital efficient growth models
Strong unit economics models
Data-driven decision making
Establishing a transcendent brand (customer connections and relationships that transcend transactions)
HOW
The MillionARR Studio platform consists of:
Education Stack (educational sessions led by experts)
Resource Stack (plug in to needed resources: product, operations, sales, marketing, tech)
Guidance (receive guidance from experienced entrepreneurs and operators)
Studio-as-FFF (innovative ways to solve challenges of lack of Friends, Family & Fools funding for underserved entrepreneurs)
What happens after I hit $1M ARR target?
It's simple. Your next target is $1M profitable annual revenue.
How do I apply?
Participation in MillionARR Studio program is currently by invite only. If you want to be waitlisted for future programs, please click here to tell us more about you and your company.
WHO
MillionARR.studio was created and founded by Tom Chikoore. Tom's personal mission is to help underserved entrepreneurs build successful startups in the innovation economy. Tom is the creator of the original Techstars Risingstars program, the co-designer of the PowerMoves entrepreneur weekend event, the creator of the PowerMoves PowerUp Bootcamp and the founder of Startups Illustrated. A total of 75 early stage first time founders who got their introduction to high growth startups via Tom's bootcamps and curriculum have gone on to raise a combined $224.9M in venture funding.
Below is a video some of Tom's work at PowerMoves in partnership with the New Orleans Startup Fund