$0 to $10,000 Event Planner

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If you’re new here, we turn $1 into thousands building these weird but simple side hustles. Welcome to Ghost Business 👻 Your (mostly) weekly email.

3 things:

1. I’m sorry for missing so many weeks!

2. I’m back baby!

3. Okay, let’s make money!

Is this thing on?… I needed to come up with something I haven’t shared with you guys yet. Something simple, yet unique. Something low cost, but high earning.

Welcome to Virtual Ventures, Event Planning from Home!

So, you want to make $10,000 by planning events from your couch, huh? Well get in loser, we're going to start virtual event planning.

This can be for 5Ks, political meet ups, pop up events, gender reveals (plz no), clothing brand launches and so much more.

As someone who has ran an events company, I can assure you these can start making +$1k PER DAY if you do them right.

Ease into investing

“Ease” being the key word. With automated tools like portfolio rebalancing and dividend reinvestment, Betterment makes investing easy for you, and a total grind for your money.

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The MVP (Getting your first customer)

Event Earnings… Imagine this: you, in your pajamas, turning your living room into the control center for corporate meetings, webinars, and online parties. All you need is $100 and a dream. Here’s the breakdown:

• Website Setup: $50

• Marketing Materials: $50

Boom! You're now the proud owner of a virtual event planning empire. Or at least, you have a website and some flyers.

Offer your services to plan virtual events, because everyone loves the idea of partying without planning.

Your initial pitch? “Hey, let me organize your next big online shindig and make sure it’s not a total disaster.” And if it is a disaster, you can offer a “satisfaction guarantee” or fake your own death, which ever is easiest.

Here’s the pricing structure:

• Event Planning Fee: $200 per event (can start smaller for friends and family)

Plan 50 events, and you’ll hit that $10,000 goal. Simple, right?

Getting Your Next 100 Customers

Event expansion… Now that you've wowed your first customer with your impeccable party ability, it’s time to expand your empire.

1. Networking: Use LinkedIn to connect with every corporate drone and event coordinator you can find. Slide into those DMs with confidence.

2. Referrals: Offer your first happy customer a discount on their next event if they refer you. Because who doesn’t love a discount?

3. Partnerships: Collaborate with virtual event platforms, software providers, commercial properties, alcohol venders, clothing brands, etc.

Now, you need to make yourself the hottest name in virtual event planning.

1. Social Media: Post constantly about your events. Use hashtags like #VirtualPartyMaster.

2. Content Marketing: Blog about your top 10 tips for not boring your virtual guests to death. Post videos of your behind-the-scenes planning process, complete with you yelling at your computer because the Wi-Fi is acting up.

3. Offer Packages: Bundle your services into irresistible packages. “The Ultimate Office Party Package” includes a DJ and pigmy goats… (okay thats a stretch but I’d go!)

If you can plan 5 events a month at $200 each, you’ll be rolling in the virtual dough in no time. Plus, think of all the screen time you’ll get!

Viability:

1 [building spaceships] 🚀 to 5 [easy peasy] 😊 

Event planning from home is surprisingly lucrative. You’ll need to watch out for the usual suspects: tech glitches, uncooperative attendees, and the soul-crushing realization that you’re planning parties you’ll never attend.

The hardest part will be managing vendors, customers, and partners virtually so you’ll likely be on the phone A LOT during the event.

(As usual each business will have it’s own setbacks, and it’s all about the execution and consistency rather than just having the idea)

It’s a great day to be great!

Love, Mike 👋