Chapter
Building Community-Centered Events and Festivals
48:12 - 53:04 (04:51)
The new way of doing a festival or event is to get people in the community to build awesome things like art or delicious BBQ to share, creating a giant tailgate vibe where everyone hangs out together. This structured approach to sharing profits is similar to waterfall models used by private equity and old-school real estate entrepreneurs in building platforms.
Clips
The use of structured waterfalls is a common way of sharing profits in the real estate and private equity space, particularly among old school entrepreneurs.
48:12 - 50:10 (01:58)
Summary
The use of structured waterfalls is a common way of sharing profits in the real estate and private equity space, particularly among old school entrepreneurs. It can be learned through studying venture capital and private equity structures or by calling people who run private equity firms or real estate firms.
ChapterBuilding Community-Centered Events and Festivals
Episode#98 with Ryan Begelman - How to Bootstrap Buying a Mountain
PodcastMy First Million
The speaker discusses a new way of holding festivals or events by encouraging community members to build and create things that are beneficial to the community to foster a more inclusive environment.
50:11 - 52:26 (02:15)
Summary
The speaker discusses a new way of holding festivals or events by encouraging community members to build and create things that are beneficial to the community to foster a more inclusive environment. This creates a platform for entrepreneurs to sell tickets and contribute to the overall success of the event.
ChapterBuilding Community-Centered Events and Festivals
Episode#98 with Ryan Begelman - How to Bootstrap Buying a Mountain
PodcastMy First Million
In this podcast episode, two hosts discuss the concept of building a new Westminster Dog Show only for rescue dogs, an idea that one of the hosts has had for a long time, and explain why they find it so fascinating.
52:27 - 53:04 (00:36)
Summary
In this podcast episode, two hosts discuss the concept of building a new Westminster Dog Show only for rescue dogs, an idea that one of the hosts has had for a long time, and explain why they find it so fascinating.