5:48How To Start A Million Dollar Business In College
From My First Million · Published Jul 5, 2022 · Watch on YouTube
TL;DR
A college student created a turnkey tailgating service where he charged groups $200–$500 per game to set up their tailgate spots, eventually making thousands per semester. The idea was scaled nationwide by Tailgate Guys, which partnered with universities for exclusive licenses, reaching $30–$50 million annual revenue before a private equity buyout.
Key insights
- Asking "did you have a side hustle in college?" is a useful icebreaker for entrepreneurial groups.
- The original side hustle began because the student was already holding a parking spot overnight for his family and then set up their tailgate, so adjacent groups started asking him to set theirs up fo
- He priced at ~$200 initially, then increased to $500 per group per game as demand grew.
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