Chris Koerner and a speaker break down a two-day event that made $8,000 net profit on just $1,000 spent. Eighty people paid roughly $400 each, and at 4-8 hours of work daily, that's $100-$400 per hour. The speaker wants to package it as a turnkey business for people like divorced mothers or disabled veterans.
It was a 2-day event and it was $8,000 net.
$8,000 net profit in 2 days? Yeah, yeah, same product.
He spent $150,000, these guys spent $1,000. A small event with 80 people, you know, you make $400. How many hours is an average day? 4 to 8 hours.
You're making between $100 an hour in profit and $200, $300, $400 an hour in profit?
Basically, yeah, yeah.
Wow, that's incredible.
The cost for being wrong is gas money and $150 that I might have paid for that location. The coffee doesn't spoil. You know, you have a freezer for your ice, okay? Your cups, you just put them back in your storage. Once I made the first cart, I said, you know, wow, I wish I could figure out a way to make this usable by an at-risk population, maybe a divorced mom or a disabled veteran. You know, that was my idea of a business in my box for anybody.
Good for you.
