Todayâs read time: 3 minutes and 35 seconds
Whatâs up party people! Weâre back with another side hustle idea!
Before we get started, letâs connect on Twitter!
1. Business idea of the Week: A Food Truck Event Service
Last week I had Pad Thai out of a food truck.
The Pad Thai was meh, but the set-up got me thinking.
Most food trucks in suburban areas only make money on the weekends by parking at events or hangout spots like breweries.
But what about the weeknights? When most people just want to stay home.
The Food truck I ordered from was parked in the common area of a busy housing development with hundreds of newly built houses.
In the hour I was there, I saw 50+ neighbors come out to buy food and socialize with their neighbors.
This happens every Thursday night in that specific neighborhood, but it had me thinkingâŠ
Could you create more weeknight food truck events if enough people RSVPâd?
The idea: Create a food truck event app/service.
This service will function similarly to Groupon by crowdsourcing local buyers.
Food trucks post their intent to park at a location â local users get a notification invite from the food truck â users can confirm or decline the invite.
If the minimum number of attendees is not met, the food truck wonât show up.
But if the minimum is met, the food truck will show up at the location, and every user that RSVPs will get a small discount.
This service could be started with a small email list in a town and then developed into a full-functioning app.
Post about the service/email list in local Facebook groups to get your first 100 âusersâ, and then pitch this service to local food trucks that are looking to grow their business.
To monetize this, youâll want to charge the food trucks since theyâll be the ones making money.
You can start with a pay-for-performance (a small fee for events that take place).
And once you have a platform built you can charge a flat rate fee for access.
This business has the opportunity to start small and local, and grow into a national business.
And thatâs a wrap!
2. Links I like.
How Jesse Itzler Sold His First Private Jet Card - The Follow Up
How Mark Cuban would make as much money as possible with $500 - TikTok
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3. Twitter Business Ideas
I spent an hour scrolling Twitter trying to find business ideas.
Hereâs what I found. đ
This is hard to pull off and some apps have already tried, but I like the gamification of physical activity.
This could be big if executed correctly.
I donât have kids, but I get the appeal of this.
When I moved to a new town, it wasnât easy to make new friends as a 25-year-old guy.
I imagine itâs a similar situation for people with children.
There are some days I would absolutely love this service.
But I also think dogs deserve a long term home, so itâs a no from me.