My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Professional Sports Facility Event Hosting
For: Business leaders and entrepreneurs seeking unique, high-end event venues
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
Identify 5 local sports facilities with unused capacity
Create simple pitch deck for facility managers
Reach out to 10 potential event organizers for demand validation
Schedule site visits at 2 facilities
Design basic package offerings and pricing
Create simple landing page to collect interest
Post concept on LinkedIn to gauge market reaction
How to Validate
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
Related Knowledge
Sports Teams as Multi-Domain Business Platforms
Sports teams are evolving from primarily game-focused entertainment businesses into complex platforms spanning payments,
Relentless Personal Follow-Up: 8-10 personalized follow-ups over 6-8 weeks with varied approaches
Most people give up after 1-2 attempts, creating competitive advantage for those willing to persist.
Pain Threshold Success Framework
A mental model stating that an individual's success is directly proportional to their ability to tolerate and persist through difficulty, discomfort, and extended periods of uncertainty without external validation or immediate rewards.
Multi-Domain Excellence Pattern
A pattern observed in high achievers where individuals who reach extreme success in one domain typically demonstrate above-average performance in 2-3 other seemingly unrelated areas, suggesting transferable meta-skills and competitive mindset.
Convert high-value prospects who initially don't respond into confirmed meetings or partnerships
Getting responses from previously unresponsive high-value prospects, converting cold outreach into meetings, and buildin
Everything Is Wrong at First - Iteration Model
A mental framework assuming that initial versions of any product, strategy, or business model will be fundamentally flaw