FineDay
Software engineer
This morning I was brainstorming and came up with an idea on how I can create some value and make some money. Please tell me what you guys think. I have never tried a side hustle to this point so I'm just really starting out.
- I live in a huge city, and there are big events going on pretty much every week in this city, things like parades and stuff like that.
- I want to go to those events and sell t-shirts and clothing related to that event. Just last week I was at one of these events and people were selling t-shirts for like 50 bucks and people were buying non-stop.
- To do this I have to deal with the design (I can do this myself or get someone to do it for me on upwork or something). Also I need to deal with actually getting all these t-shirts and buying a little cart or something to sell them on and then driving to those events and setting up a space for myself.
I have two concerns however:
- I'm afraid of trademark infringement. I guess I should make all the designs myself and not use words like Nike or anything like that.
- I'm also afraid that the people organizing the events (if that's the case) will not allow this to happen. To counteract this, I will need to contact my city and find out if people are organizing the events, and then contact those people and ask them if I can do this. I should learn more about the laws surrounding this in my city.
What do you think?
As you mentioned yourself, you are working against some forces (trademark infrigement, people getting pissed that you use their event as leverage for your sales and they do not participate on it). Also scaling this the way you thought about it would be really hard in my opionion (for the same reasons mostly). And also the barrier of entry is low, so if you should be able to make 10k$ per month, other people will join and everyone's revenue will go down.
What you could do however is something like Merchandise as a service. There could be smaller events who do not want to bother about the merch so you could offer them to manage the creation, production and sales of the merchandise for their event with you taking a cut of it. This would scale well and the barrier to enter would be higher as creating a working system (and processes) for this is way harder.
This is not my area but those are thoughts that came to my mind after reading it.