Chapter
Creating a Tailgate Monopoly and Identifying Untapped Markets
48:30 - 53:11 (04:40)
A man reveals his successful business model of creating a tailgate monopoly for college football games by gaining the exclusive right to be the licensed vendor. He also suggests identifying untapped markets, referencing the popular emergence of rentable electric scooters in cities.
Clips
A man created a turnkey tailgating business and charged $500 for each group of friends to set up a cool tailgate spot at Southern football colleges like Ole Miss and Alabama.
48:30 - 50:42 (02:11)
Tailgating business
Summary
A man created a turnkey tailgating business and charged $500 for each group of friends to set up a cool tailgate spot at Southern football colleges like Ole Miss and Alabama.
ChapterCreating a Tailgate Monopoly and Identifying Untapped Markets
EpisodeSomeone Paying Our Producer $100K for Advice? - Here's the Story
PodcastMy First Million
The practice of universities and colleges offering exclusive licenses to one vendor for tailgating, scooters, and other new categories is becoming more common, providing a way for companies to dominate a new market with little to no competition.
50:42 - 53:11 (02:29)
Monopolies
Summary
The practice of universities and colleges offering exclusive licenses to one vendor for tailgating, scooters, and other new categories is becoming more common, providing a way for companies to dominate a new market with little to no competition.