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Real Deep Entertainment (Entrepreneurial Risks (It is not hard for me to…
Real Deep Entertainment
Entrepreneurial Risks
It is not hard for me to ask for help or guidance from others.
Promoting
Aaron (promoter for his own band)
Gary (has his own venue and helps promote)
Greg (promoter for his own band)
Chris (promoter for his own band)
Selling
Greg (knows how to use social media really well)
Brandon (knows how to sell online)
Gary (Knows a bunch of people who loves concerts)
Chris (good at talking to people face to face)
Financial
Gary (knows what prices to put things to make money off of)
Michael (knows the legal information on financials)
Brandon (really good with numbers)
Sarah (helps keep track of what has been sold and how much money has been made)
I understand there may be consequences if something goes wrong.
Financial
Not having enough tickets to sell
Not enough items to sell to make more money
Have to come up with the money to pay everyone
Wont make enough to pay everyone
something happens to the band (Emergency, a few people are sick, etc)
Late cancellation fee to the venue
Have to refund everyones money
Disappointed customers
Late notice to get everything done in a timely manner
Selling
Someone that returns tickets wanting money back
Selling something that can not be free with a ticket purchase
People look up the bands and don't like them and wont show up to the concert
wont make the revenue at the concert