Trade Show Marketplace Model

A trade show business model that creates a 3-day marketplace focused on facilitating paid meetings between buyers and sellers in specific industries. The model has been successfully replicated across different verticals like fintech (Money 20/20), retail (Shoptalk), and healthcare (HLTH).

Key Points:

  • Core Business Model:

    • Create 3-day marketplace events
    • Focus on facilitating meetings between buyers and sellers
    • Charge $800 per 10-minute meeting
    • Must be top 2 in industry to have value
  • Attendance Structure:

    • Free attendance option if attendees agree to take meetings
    • Paid option to avoid mandatory meetings
    • Sellers pay to access meetings with potential buyers
  • Success Requirements:

    • Must be industry-leading event
    • Need significant scale to succeed
    • Only top-tier events survived post-2020
    • Fourth-tier events typically fail or have no value
  • Market Entry Strategy:

    • Pick verticals with clear buyer-seller dynamics
    • Use consistent format across different industries
    • Maintain same website design and structure
    • Scale up events faster than industry standard
  • Financial Metrics:

    • Successful exits range from $50M-150M
    • Events like Money 20/20 sold for $100M at $10M revenue
    • Can achieve 8-15x earnings multiple for established shows
    • British companies often acquire successful trade shows
35:31 - 35:52
Full video: 44:11
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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.

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