I have made all of these mistakes over the last 16 years, so I speak from the school of hard knocks.
There are other ways to grow your event without increasing its size.
Influence comes not from how big your event is but from how you make them feel as human beings when they leave you.
People who run events don’t suffer from a lack of work effort.
Each year you say next year, it will get better. But it doesn’t. The economics are against you. To thrive, you must look at it in a whole different way.
The things that’ll make your event remarkable are also the things when the budget gets squeezed, and it will, are the easiest to cut back on.
Think about that for a moment. The things that will make your event stand out, get cut.Hmmm.
The people who leave your event are your biggest fans. This is the word-of-mouth economy.
And being remarkable is the currency that fuels it. Therefore, learning how not to cut ‘The Magic’ will determine your success.
The job of the event is to create and host a life-changing event for 100 people. That’s it.
The purpose of the event is to make a reputation. That is the hard thing. That is the skill. That is the genius. Making money is a consequence of getting that right. Reputation must come first.
You are in the building a community business. How strong your community is directly tied to how much you serve your community. The simple rule here is: Give more than you take. As much as it is simple, that rule is the most ignored.
The problem with most small events is they neither make a profit nor make a reputation.
Not making a reputation is far more costly of the two. It is far cheaper for your attendees to sell your next year’s event for you than having to run expensive ads. Remember, the word-of-mouth economy.
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