November 14, 2019

Made our first $1M in Stripe!

Joe Howard @joeheadbuff

2.5 years using Stripe as our payment processor and we just hit our millionth dollar earned there. Wow!

We accept money via PayPal too so we technically hit this milestone a little while back. But it's awesome to see "1M" right in our Stripe dashboard for all-time revenue generated.

Huge shout out to our team. What a fantastic group of folks who work smart and hard every day. You're the best, Buffs!

Next financial milestone: 1M ARR (83K MRR).

  1. 2

    How much of that does Stripe take?

    1. 1

      ~2.9%. $28,104 over this time period.

      1. 3

        Joe go to them and negotiate. Depending on your MRR your can get that down. 2.5% should be your long term goal.

        1. 1

          @danuyemura Ha! I didn't even know this was a thing. Will investigate. May reach back out to you if I have questions. Thanks for potentially saving me $1,000s / yr! :P

      2. 1

        Not bad, beats Paypal.

  2. 1

    Congrats. :) Hey you recognised this randomly @joeheadbuff ? :)

  3. 1

    Awesome, congratulations!

  4. 1

    Congratulations! Great achievement 👍🏾

    1. 1

      Appreciate it, Sam! :)

  5. 1

    Woohoo!
    Congratulations! 🎉🎉

    1. 1

      Thankssssss, Anita! :)

  6. 1

    Congrat! @joeheadbuff We have a Travel Theme selling top 1 on ThemeForest and many of our clients want make custom code for it. Your team interested in to working with us?

    1. 1

      @shinetheme Happy to chat! Feel free to hit me up in Making WordPress Slack. Or email me: [email protected] :)

  7. 1

    You got this!!! Keep grinding.

    1. 1

      Thank you, Dan! The best part about this journey is no matter what milestones you hit, there are always folks to look up to. Hopefully, 110K MRR is in our future as well :)

      1. 1

        You got that right. We’re targeting 166k MRR now lol

        1. 1

          Love it! Go, baby goooooo :D

  8. 1

    Damn! Proud of you man!

    1. 1

      Thanks, Shane! Appreciate the kind words, bud :)

  9. 1

    Congrats @joeheadbuff. That's huge. Looking forward to your post on hitting 1M ARR :)

    1. 1

      You and me both, @ehrig! Haha thanks so much :)

  10. 1

    Congratulations. Sounds like a very good ARR for an open-source CMS based Business :)

    1. 1

      Not quite at 1M ARR yet but we'll see what happens in 2020 ;)

  11. 1

    WoW, congratulations 🥳!

  12. 1

    Congrats!! 🎈🎉🎊🍾

    1. 1

      Thank you, Sebastian! :)

  13. 1

    Congratulations! I believe how this exciting. How many people worked on this milestone?

    1. 1

      Thanks so much, Eugene! We have 18 Buffs (not all listed here yet) managing WordPress websites 24/7 :)

  14. 1

    Nice @joeheadbuff! That is amazing. Congratulations.

    1. 1

      Thank you, Conner! Really appreciate it :)

    1. 1

      Indeed! And hopefully lots more "wow" to come in 2020. Thanks, Fajar :)

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