Event Revenue Stack
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Sam shares a proven event business model that stacks revenue streams by using ticket sales to cover costs while generating profit through sponsorships, particularly targeting underserved communities.
Key Components:
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Event Format:
- Multiple speakers (15+) who help drive ticket sales
- Each speaker expected to bring ~25 attendees
- Simple tech stack using basic platforms like Splash/Eventbrite
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Revenue Stack:
- Ticket Sales ($20-30 per person):
- Covers event costs
- Example: Venue rental ~$3,000
- Revenue potential: ~$20,000 per event
- Sponsorships:
- Primary profit driver
- Enhanced value when targeting underserved communities
- B2B component increases sponsor willingness to pay
- Ticket Sales ($20-30 per person):
-
Key Success Factors:
- Low operational complexity
- Leveraging speaker networks for ticket sales
- Focus on underserved communities (e.g., women in business)
- 10-12 events per year feasible
- More straightforward than traditional conferences
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Profit Model:
- Event costs covered by ticket sales
- Sponsorship revenue becomes pure profit
- Example: $17,000 profit per event ($20,000 revenue - $3,000 costs)
04:42 - 08:16
Full video: 13:08SP
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.