24-Hour Revenue Challenge
Share
A discussion about creating an entrepreneurship competition where contestants compete to generate maximum revenue in 24 hours within specific business categories.
Core Competition Structure
- 24-hour time limit to generate maximum revenue
- Takes place in specific cities (preferably less saturated markets)
- Suggested locations: St. Louis, Cleveland (avoiding oversaturated markets like Austin)
- Category-specific challenges
- Food-based businesses
- Exercise and fitness businesses
- Other industry-specific categories
Prize Structure
- $20,000 prize money for the winner
- Winner determined by highest revenue generated within 24-hour period
- Must operate within assigned business category
Competition Goals
- Test entrepreneurial abilities under pressure
- Create real-world business experience
- Demonstrate practical business skills
- Generate engaging content for audience
Strategic Location Choice
- Focus on mid-tier cities
- Avoid oversaturated entrepreneurial hubs
- Select locations with lower barriers to entry
- Choose areas where contestants can make meaningful impact quickly
This framework represents a "Shark Tank meets Amazing Race" style competition that tests real entrepreneurial skills in a time-pressured environment while creating engaging content for audiences.
12:02 - 14:06
Full video: 01:09:41BW
Ben Wilson
Ex-Producer of MFM
Ex-Producer of the "My First Million" podcast and founder of Takeover Media and Host of the "How to Take Over the World" Podcast.