The Startup Chat With Steli And Hiten

In today’s episode of The Startup Chat, Steli and Hiten talk about reaching $1 million in revenue in your startup. Reaching $1 million in revenue for your startup is a number that a lot of entrepreneurs aspire to reach and can seem magical for some. However, reaching this milestone is not easy and sometimes, founders who do, often take it for granted. In this week’s episode, Steli and Hiten share their thoughts on what it takes to reach a million dollars in annual recurring revenue, strategies to help you reach that milestone and much more. Time Stamped Show Notes: 00:00 About today’s topic. 00:40 Why this topic was chosen. 02:32 Hiten’s point of view on reaching $1 million ARR. 03:26 Why it’s easier to reach  $1 million ARR. 05:38 The MRR of $1 million in ARR. 06:42 Why you need to be charging a lot of money in order to make your math work if you sell to enterprise. 07:04 Why, due to the time it takes to acquire one, it makes no sense to go after large enterprise customers and charge less than you need to. 0