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Brian Lee

👤 Speaker
867 total appearances

Appearances Over Time

Podcast Appearances

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

Like, as we grow internationally, we want to think global, but we want to act local.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

Yeah, it was a massive cost.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

So like, for example, what we did to try and mitigate the risk on that.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

So all the skiers and rowers for our first event, we rented.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

Then we had made some money.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

We reinvested that into the event.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

We bought all the rest of the equipment that we rented before.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

And then for the third event, we invested in the bridge that was able to make the traffic and people flow over to the event to make our course run smoother.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

And we increased the size of the start tunnel, increased the size of the finishing stage.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

We put a container with DJ, two festival screens.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

We added layers to it.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

I don't know if everybody noticed.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

So everything was reinvested back into it.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

For the next one, we're now going purchasing 800 of our own barriers.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

the CCB barriers or bespoke barriers there's multiple reasons we're doing that is for efficiency and setup time because sometimes it's better to buy the infrastructure and that will allow you to set up your event and de-rig quicker because the rent of the venues is so high per day so if we can get in and get out in one day

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

Each time, we'll actually save more in the long run by buying all that equipment.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

I get you.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

Exactly.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

You're not just, you have to pay rent for the day before or two days before, depending on how long you need to set up and then a de-rig day.

The Entrepreneur Experiment
EE498 - Brian Lee: From Chopped to TRYKA’s 10,000-Athlete Launch

So you're paying rent for it.