Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

Back to Ideas

Professional Network Building Through Systematic Event Hosting

For: Entrepreneurs, freelancers, and professionals new to a city or industry

Buildability

The Problem

Building a strong professional network is essential for business success, but traditional networking events are awkward and ineffective

The Solution

Host regular, structured social events that create genuine connections and provide value to attendees

Why Now?

People are digitally saturated and hungry for authentic in-person connections post-pandemic

Build MVP in 7 Days

Day 1

Choose venue (bar with space for 20 people)

Day 2

Invite 15-20 people from existing network

Day 3

Buy name tags and prepare icebreaker questions

Day 4

Execute Nick Method framework

Day 5

Follow up with attendees post-event

Day 6

Schedule next event within 2 weeks

Day 7

Document what worked and what didn't

How to Validate

Host one event and measure attendance vs invites sent
Survey attendees on likelihood to return and refer others
Track how many new connections were made between attendees
Monitor follow-up conversations and business opportunities generated

Revenue Model

Initially pure network building investment, leads to business partnerships, client referrals, and launch support

Competitive Moat

Becomes known as 'the person who hosts great events' in your community, creating a unique social position

Risks to Consider

Inconsistent attendance if events aren't valuableBurnout from constant organizing without immediate revenueDifficulty scaling beyond local geographic area