Comments on: Event (Sports) Business Ideas http://www.businessopportunitiesandideas.com/1082/event-sports-business-ideas Inspiration, ideas and opportunities for your business! Wed, 10 Mar 2010 16:22:25 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: John http://www.businessopportunitiesandideas.com/1082/event-sports-business-ideas/comment-page-1#comment-82319 John Wed, 25 Nov 2009 16:02:01 +0000 http://www.businessopportunitiesandideas.com/1082/event-sports-business-ideas#comment-82319 Andrew, Overheads by definition don't affect the gross profit. As I pointed out in the post net profit will be a lot lower due to the overheads of running the business. However, overall I think we're in agreement - you're not getting rich from running the business and it's not a quick route to riches for anyone attempting to copy you. As for being a lifestyle business, well I'd argue that you are a great example of a lifestyle business, after all you, yourself wrote: "Endurancelife is not simply a business, it is a philosophy – nobody ever got rich from a philosophy and that is not our aim" Which sounds like a lifestyle business to me and a damn good one too. I salute you for it. I certainly don't think you're money grabbing, in fact the events seem good value to me. I will be returning for more - and not just the remainder of the CTS series that I've already booked. Regards, John Andrew,

Overheads by definition don’t affect the gross profit.
As I pointed out in the post net profit will be a lot lower due to the overheads of running the business.

However, overall I think we’re in agreement – you’re not getting rich from running the business and it’s not a quick route to riches for anyone attempting to copy you.

As for being a lifestyle business, well I’d argue that you are a great example of a lifestyle business, after all you, yourself wrote:

“Endurancelife is not simply a business, it is a philosophy – nobody ever got rich from a philosophy and that is not our aim”

Which sounds like a lifestyle business to me and a damn good one too. I salute you for it.

I certainly don’t think you’re money grabbing, in fact the events seem good value to me. I will be returning for more – and not just the remainder of the CTS series that I’ve already booked.

Regards, John

]]> By: Andrew Barker http://www.businessopportunitiesandideas.com/1082/event-sports-business-ideas/comment-page-1#comment-81956 Andrew Barker Wed, 18 Nov 2009 12:33:59 +0000 http://www.businessopportunitiesandideas.com/1082/event-sports-business-ideas#comment-81956 As one of the directors of Endurancelife the company responsible for the organization of the Coastal Trail Series events mentioned, I found your comments very interesting. Generally your revenue estimations are very close, but our gross profit is a lot lower than your estimate due to a whole heap of costs and overheads that you probably aren't aware of. Your final comments are also interesting and slightly ironic, as I and our full time team of five do spend 99.9% of our time sat behind a computer in an office! 50% of the time we are liaising with councils, the NT, landowners, magazines etc., and the other 50% we are liaising with customers and managing the huge plethora of enquiries and people booking, canceling, re-booking, changing, asking for refunds etc... We are 100% employee owned and all of us work far more than 40 hours per week at what works out as far less than minimum wage. This is not a lifestyle business in any way shape or form, and I certainly wouldn't recommend trying do do something like this with your friends as a bit of a sideline. Like anything in life if you want to something really well you need to be 100% focused. Plenty of people try to copy us, but they only ever do one event. We aim to provide our customer base with the best possible experience from their first point of contact with us. We aim to design and host the best possible running courses in the most scenic and inspiring locations in the UK. We believe that by motivating people to actively engage with our landscape they are more likely to care about both their own health and the health of the environment. Endurancelife is not simply a business, it is a philosophy - nobody ever got rich from a philosophy and that is not our aim. We just want to share with people what we already know and engender an active community who understand the importance of conserving the natural environment and the health benefits of connecting with it. We are stoked that you enjoyed the event that you did with us and from your comments it seems that we have succeeded in improving your life in at least a small way. I hope that you will return to do more, but please don't think of us as a money-grabbing corporate entity - that is not the case at all. We are here to share with as many people as possible what we already know - physical challenge + inspiring landscape = happy people who care about the environment. Best Wishes from all of the Endurancelife Team! As one of the directors of Endurancelife the company responsible for the organization of the Coastal Trail Series events mentioned, I found your comments very interesting. Generally your revenue estimations are very close, but our gross profit is a lot lower than your estimate due to a whole heap of costs and overheads that you probably aren’t aware of.
Your final comments are also interesting and slightly ironic, as I and our full time team of five do spend 99.9% of our time sat behind a computer in an office! 50% of the time we are liaising with councils, the NT, landowners, magazines etc., and the other 50% we are liaising with customers and managing the huge plethora of enquiries and people booking, canceling, re-booking, changing, asking for refunds etc… We are 100% employee owned and all of us work far more than 40 hours per week at what works out as far less than minimum wage. This is not a lifestyle business in any way shape or form, and I certainly wouldn’t recommend trying do do something like this with your friends as a bit of a sideline.

Like anything in life if you want to something really well you need to be 100% focused. Plenty of people try to copy us, but they only ever do one event.

We aim to provide our customer base with the best possible experience from their first point of contact with us. We aim to design and host the best possible running courses in the most scenic and inspiring locations in the UK. We believe that by motivating people to actively engage with our landscape they are more likely to care about both their own health and the health of the environment. Endurancelife is not simply a business, it is a philosophy – nobody ever got rich from a philosophy and that is not our aim. We just want to share with people what we already know and engender an active community who understand the importance of conserving the natural environment and the health benefits of connecting with it.

We are stoked that you enjoyed the event that you did with us and from your comments it seems that we have succeeded in improving your life in at least a small way. I hope that you will return to do more, but please don’t think of us as a money-grabbing corporate entity – that is not the case at all. We are here to share with as many people as possible what we already know – physical challenge + inspiring landscape = happy people who care about the environment.

Best Wishes from all of the Endurancelife Team!

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