Chapter
Excess in Clubs
1:20:08 - 1:24:04 (03:56)
The cost of luxury items, like expensive bottles of champagne and vodka, has increased greatly in clubs, resulting in a culture of excess and competition among party-goers.
Clips
The speaker recounts a story of a promoter taking money from people in line and shares how promoters can make money through people's willingness to spend money on things like expedited entry to events.
1:20:08 - 1:21:11 (01:03)
Summary
The speaker recounts a story of a promoter taking money from people in line and shares how promoters can make money through people's willingness to spend money on things like expedited entry to events.
ChapterExcess in Clubs
Episode#031 - Life Hacks 105
PodcastModern Wisdom
This transcript segment discusses the exorbitant prices of bottles in clubs, especially for premium brands like Ace of Spades, and how competition between groups of guys can drive up these prices even more.
1:21:11 - 1:23:13 (02:01)
Summary
This transcript segment discusses the exorbitant prices of bottles in clubs, especially for premium brands like Ace of Spades, and how competition between groups of guys can drive up these prices even more.
ChapterExcess in Clubs
Episode#031 - Life Hacks 105
PodcastModern Wisdom
The cost of keeping expensive alcohol on stock may be too high for businesses.
1:23:13 - 1:24:04 (00:51)
Summary
The cost of keeping expensive alcohol on stock may be too high for businesses. Liquidity can become an issue when a large portion of a company's funds are tied up in one expensive bottle that may or may not sell.