$10k now VS $1k MRR for a year

https://m.youtube.com/watch?v=otbnC2zE2rw

About 13 minutes into the video, Jason Cohen explains why discounted annual is better than monthly. Basically, you get to use the money to acquire more customers instead of waiting around.

It's not clear if your asking from the point of view of receiving or giving. Since we're on IH, I assumed you mean from the point of view of the business not the customer.

Get $10k now and invest it back into the business for development and marketing. $1k MRR is great but you are potentially slowing down your marketing or development which could be taken a notch a higher by a good investment. I'm assuming the $10k is also recurring income.

If the choice is $10k ARR vs $1k MRR, then definitely the $10k ARR.

If the choice is $10k non-recurring vs. $1k MRR, then definitely the $1k MRR.

It really depends on your business

You can take $10k now and invest back into your business to get a larger ROI or you can take $1k MRR and focus on converting to get more than $1k MRR.

$1k MRR in a year is almost $84 dollars a month which really doesn't help with development (coding), marketing and keeping up with inflation of wages/economy

I rather take the $10k

Good question, and I see majority voted for 2nd option... but...
I voted $10K for 2 main reasons:

1. It depends on what you do with the $10k, you could re-invested it into other ideas, youself, business projects, money in hand is king.
2. If you're not absolutely sure you're making $1k MRR then it's a gamble to opt for this option, maybe you get $1K for only 10 months, so you potentially wasted 9 months you could've had used the amount for something else, potentially a bigger deal, idea, investement.

It's no wonder many businesses opt-in to include a yearly subscription (even at a reduced price) instead of monthly subscriptions, just because they see the value of immediate reinvestment, and probably to keep users coming back as well who knows.

$1k MRR for a year - you get to learn from the customer(s), which in turn allows you to iterate on the constant feedback and improve your product over the course of the year, which in turn attracts more customers like them that want to pay for your product!

Rinse, lather, repeat

oh and you get paid to do this all!

I can use the $10k to make investments, now. I’m fortunate that a $1k MRR has virtually no impact on my life, but I could make some smart choices and really boost earning potential with a lump to invest all at once.