Music fans would love the chance to listen to their favorite artists live more often. Listen to Chris Meade describe a business idea that brings music live streaming mainstream.
- Successful businesses are started by people just like you; they go home and watch Netflix with their significant other, etc...
- Investigate current revenue split for concert venues
- Search for the managers/decision-makers of concerts at large venues
- Contact them via a cold call, email, or LinkedIn message
- Offer to run a trial event which you can help them presell a live stream of their upcoming concert
- If enough fans buy in, then produce the first event (keep a production budget of under $10K)
- Ask the venue to keep your equipment installed and sign them on as a partner
- Find more partners and offer a subscription service to fans
- You could offer a number of credits per month that could be used for various concerts
What is Run With It - Business Ideas from Successful Entrepreneurs?
Successful CEOs have plenty of new business ideas. Aspiring entrepreneurs are in need of them. Run With It bridges this gap, bringing you business ideas and action steps from established entrepreneurs. Follow through and you can earn a free mentoring session with our guest, and potentially, a new business partnership.