Concert Water Sales
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Sam shares a profitable business model selling bottled water at events and high-traffic locations, leveraging the massive markup potential and convenience factor of bottled water sales.
Key Points:
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Product & Pricing:
- Buy bottled water for ~14¢ from Restaurant Depot
- Sell for $2-3 during day
- Increase prices when demand is higher (like nighttime when people are drinking)
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Best Locations:
- Summer concert series
- Stadium events
- Street corners at stoplights
- High-traffic areas during hot weather
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Success Factors:
- Convenience is key - customers pay for accessibility
- High margins (buying at 14¢, selling for $2-3)
- Low overhead and startup costs
- Can generate $1,000+ per day at good events
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Strategy:
- Focus on events where people need immediate hydration
- Capitalize on impulse purchases
- Use mobility to your advantage - go where the crowds are
- Simple business model with minimal complexity
This is a straightforward, proven business model that requires minimal startup capital and can generate significant daily revenue at the right locations and events.
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.