Conference Model Expansion

Clone successful U.S. conference business models like Money 2020 and Shoptalk in international markets. These conferences act as 3-day transactional events where a year's worth of business happens, focusing on B2B deals rather than content or speakers.

Key Points:

  • Business Model Structure:

    • Create 3-day transactional events that function like temporary real estate
    • Focus on B2B transactions rather than content/speakers
    • Use speakers as bait to attract the right people
    • Sell booth space at premium rates
    • Pre-sell next year's event during current event (90% of revenue secured in advance)
  • Revenue Scaling Pattern:

    • Year 1: $2-3M revenue
    • Year 2: ~$12M revenue
    • Year 3: ~$30M revenue
  • Key Success Factors:

    • Get competitors to attend ("our competitor is there, we have to be there")
    • Focus on facilitating actual business transactions
    • Create FOMO among industry players
    • Give away tickets strategically in first year
    • Each sponsor brings their own small crew, building attendance
  • International Opportunity:

    • Clone successful U.S. models in:
      • Europe
      • Australia
      • India
      • China
      • South Africa
    • Non-competitive with U.S. events
    • Multiple winners possible in each market
  • Additional Revenue Streams:

    • Online communities for year-round engagement
    • Multi-year booth contracts
    • Premium sponsorship packages
SP

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.

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