- What we can offer
- Starting a Speed Dating Business
- Starting a Speed Dating Service – Sample Business Plan Template
- Top Ideas for How to Start a Speed Dating Business
What we can offer
They moved in together—temporarily leaving their spouses behind—and devoted all their time to launching their company, Curebit, which makes software that lets businesses offer discounts to customers who recommend their products on Facebook. It is no wonder that Curebit's story sounds like a kind of strange romance. The company's creators met through FounderDating, an event in San Francisco and Seattle that is designed to help aspiring entrepreneurs meet potential co-founders and hone their business ideas. Entrepreneurs, many of whom are interested in launching tech companies, typically go to functions like these to meet people with skills complementary to their own.
Starting a Speed Dating Business
To maintain a balance of technical and business experience among participants, FounderDating is selective about who may attend. Entrepreneurs must fill out an online application, answering questions about their experience, interests, and area of expertise.
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During the three-hour gatherings, entrepreneurs form groups based on their area of interest—say, enterprise software or mobile applications. So far, FounderDating has held 10 events and yielded several start-ups. At another event, Startup Weekend, entrepreneurs not only meet potential co-founders but also work with them. The event challenges aspiring entrepreneurs to work together to develop new businesses in three days. With little more than a one-page website and a few flyers we managed to fill and run our events.
In those early days, we worked out who matched with who manually.
The process took hours on end. We also managed the booking process manually and, although we took credit card payments it was hard to keep track of everyone. It was unsustainable to carry on this way but we knew the answer was to create a bespoke web based system to run the business. The system does it all. This has cost tens of thousands of pound over the years and we realise that for most people that wish to set up a speed dating business the cost of this is prohibitive.
Starting a Speed Dating Service – Sample Business Plan Template
In fact, the cost of building a speed dating website and management system like ours would not make business sense today. We are offering people that wish to set up a speed dating business that is not in competition to ours the chance to have use of our management system for a fraction of what it cost to build. You will have a full independent site on its own hosting and domain name, customised to your own branding and colours in written in your own words.
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This will be your site to do with as you like but benefiting from the huge experience and investment that we have made in technology over the years. After an initial investment in the platform you will simply pay for your monthly hosting fees. We will take no sales commission and there will be no franchising arrangement.
Top Ideas for How to Start a Speed Dating Business
This will be your business to run as you wish. The cost of building a speed dating website and event management system is the biggest barrier to entry to our market. Games, contests, and entertainment programs are organized during such events to make new people comfortable with each other and increase their familiarity. However, another model of this business is online speed dating. In this case, the entire matchmaking exercise is conducted over emails and the Internet.
Exchanges of pictures, videos, and online chats can be conducted between interested singles.
So you have to choose whether to conduct this business offline, online or a combination of the two. Before you actually go ahead with inviting singles to sign up for your speed dating service, you must check with the local authorities for any approvals or licenses that are required to run the business. This is important even if you are going to run the business exclusively online.
You should also get in touch with the local office of Small Business Association SBA in your area for more guidance about the setting up of this business and the requirement of approvals or license as well as free help for the entrepreneur. You need to promote your business in pockets where the maximum number of singles is expected.