My Sideline Just Bought A Lamborghini - What To Do Now
Discussion
As part of an experiment we often put together products, services or offers from scratch that we then sell or promote online via our own or partners channels.
One of these projects was a small niche family event which resulted in sales of over 110k and profit of over 80k
Without going into to much detail the project ran less than 5 weeks from idea to completion and took no more than 2 weeks to plan and put together with all onsite work being carried out by hired contractors.
As this is a once per year event it's not really a business but what it does have is have is a quality brand, state of the art website, event booking and management system, active SM accounts, licences and we have all the contacts to make it happen again with minimum fuss. I will not be in the UK this year when it's supposed to taking place and it is to much outside our normal activity for our staff to manage it so Im thinking of just offloading the full concept to someone or people who have the time and passion to make it happen.
As I said being 100% aware its not a trading business but more of a "side project" has anyone got any suggestions of the best way of selling this?
P.S - Have just been reading over hours of sales pages, sorry for the stupid page title
One of these projects was a small niche family event which resulted in sales of over 110k and profit of over 80k
Without going into to much detail the project ran less than 5 weeks from idea to completion and took no more than 2 weeks to plan and put together with all onsite work being carried out by hired contractors.
As this is a once per year event it's not really a business but what it does have is have is a quality brand, state of the art website, event booking and management system, active SM accounts, licences and we have all the contacts to make it happen again with minimum fuss. I will not be in the UK this year when it's supposed to taking place and it is to much outside our normal activity for our staff to manage it so Im thinking of just offloading the full concept to someone or people who have the time and passion to make it happen.
As I said being 100% aware its not a trading business but more of a "side project" has anyone got any suggestions of the best way of selling this?
P.S - Have just been reading over hours of sales pages, sorry for the stupid page title
Edited by uber on Saturday 24th January 17:27
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boyse7en said:
If it's not a scam, why not just say what it is?
If it that successful at generating money for little effort, then someone will copy the idea anyway, it wouldn't be a secret for long.
He's not going to tell the world what it is otherwise someone could copy it but there's probably more to it that it sounds, I am sure it involved a fair bit of work. Just sign an NDA and then ask him privately. That said, you have to wonder why you wouldn't hold onto something with £80k profit for 5 weeks work...If it that successful at generating money for little effort, then someone will copy the idea anyway, it wouldn't be a secret for long.
Edited by Frimley111R on Monday 26th January 10:18
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