Get a free trial of our favorite CRM for managing event venues: https://www.gohighlevel.com/sean-standberry/
Have you ever wonder how to start an event venue business? Well… In this video, I talk to Symone about How to start an event venue business. She was able to make about $200,000 in her first year of business and reveals her challenges and successes along the way.
Subscribe: https://bit.ly/33do5xO
Timestamps
Intro (
0:00)
Venue Breakdown (
0:52)
How She Raised $50,000 (
2:14)
How to Find the Right Venue Space for Business (
3:49)
Negotiating with Commercial Properties (
7:20)
Marketing and Pricing Strategies (
10:25)
Revenue and Bookings (
12:24)
Business Expenses and Management (
15:52)
Venue Liability Protection (
17:59)
Biggest Challenges for a New Business Owner (
20:41)
What She Wish She Knew (
23:00)
Become Disciplined (
26:04)
Check out Grand Experience on Instagram: https://instagram.com/grandexperienceec?igshid=YmMyMTA2M2Y=
I'm Sean, a proud self-made entrepreneur, and investor. I enjoy making videos about money, both business and personal finances. I hope to inspire/educate you on your next business idea, side hustle, or any other helpful money tactic. If you get any value from watching my content, all I ever ask is that you subscribe 🙂.
///
Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).