Event Unbundling Framework
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A framework for understanding and creating new fitness/running events by breaking down what makes them successful and appealing to participants.
Core Components of Successful Fitness Events
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Fitness Component
- Physical challenge/accomplishment
- Health benefits
- Personal improvement
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Social Component
- Community building
- Group activities
- Shared experiences
- Meeting like-minded people
-
Dating/Relationship Component
- Natural context for meeting people
- Shared interests
- Positive environment for interaction
- "Sweaty is sexy" atmosphere
-
Photo/Social Media Component
- Shareable moments
- Bragging rights
- Visual proof of accomplishment
- Content creation opportunities
Emerging Event Formats
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Run Clubs
- Raw Dog Run Club - Austin-based example
- Combines running with social elements
- Strong branding and community focus
- Regular weekly meetups
-
Hybrid Events
- 29029 (Everest climbing equivalent)
- Rock & Roll Marathon (music + running)
- Speed Project (invite-only, Santa Monica to Vegas)
- Hyrox (CrossFit meets running)
Success Factors
- Strong branding
- Clear differentiation
- Community building
- Regular scheduling
- Accessible entry points
- Instagram-worthy moments
- Unique value proposition
Market Opportunities
- "Pickleball of running" - making running more accessible
- Suburban versions of intense events
- Shorter, more social-focused formats
- Unbundling components for new event types
- Focus on post-COVID desire for human connection
Current Trends
- COVID bounce effect driving interest
- Remote workers seeking connection
- Rise of fitness influencer communities
- Emphasis on community over competition
- Growth of hybrid athlete concept
46:44 - 47:13
Full video: 59:05SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.