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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.

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Professional Sports Facility Event Hosting

For: Business leaders and entrepreneurs seeking unique, high-end event venues

Buildability

The Problem

Most corporate events and conferences happen in generic hotel ballrooms or convention centers that don't create memorable experiences or inspire attendees

The Solution

Leverage professional sports facilities during off-season or road trips to host exclusive business events, combining world-class amenities with the inspirational environment of professional athletics

Why Now?

Sports teams need additional revenue streams, remote work has increased demand for in-person experiences, and business leaders value unique networking environments

Build MVP in 7 Days

Day 1

Identify 5 local sports facilities with unused capacity

Day 2

Create simple pitch deck for facility managers

Day 3

Reach out to 10 potential event organizers for demand validation

Day 4

Schedule site visits at 2 facilities

Day 5

Design basic package offerings and pricing

Day 6

Create simple landing page to collect interest

Day 7

Post concept on LinkedIn to gauge market reaction

How to Validate

Survey business leaders about venue preferences and pain points
Connect with sports team business operations to understand availability
Run small test event at one facility to prove concept
Interview event planners about venue sourcing challenges
Research competitor pricing and offerings

Revenue Model

Event hosting fees, catering partnerships, and potentially revenue sharing with sports teams

Competitive Moat

Exclusive access to limited, prestigious venues that can't be easily replicated

Risks to Consider

Scheduling conflicts with team activitiesHigh insurance and liability requirementsSeasonal availability limiting business modelDifficulty coordinating with multiple stakeholders