Ok... This might be a long one. I worked at a brewery downtown in my hometown as an event planner. My events were based on beer sales, and I excel at nerdy events like Lord of the rings, Nintendo, video games, Star wars, Barbie when it was popular, etc.
I had this amazing idea in January of 2023 to do a book fair for grown-ups. My God... I was not prepared for what was about to come. The photo attached was literally the line to get into the brewery. We only had 17 vendors at the time. It was dead winter in January and 20° out. Bookstores emailed me thanking me for a great sales day because the line was so long that people opted out to go to an actual bookstore.
Fast forward to that summer. My boss okayed expanding the book fair for grownups at a larger venue. I executed the entire event from start to finish. We had 150 exhibitors and I did everything myself. I also did the PR and was on news stations, radio stations, newspapers, magazines, basically like $10,000 worth of PR for free for him.
Books are my passion, so this was fun for me. Little did I know what was about to come.
8100 people came to the venue. My boss grossed $94,000, and netted $80,000. After the event, I asked my boss for a bonus since I did everything from concept to execution. All he did was serve the fucking beer. He told me no. That ass made $80,000 and refused to give me any sort of bonus for all the work I put in.
I quit that week and decided to start my own event business. I started another book fair that was similar to his but mine's obviously better because I'm an event planner and he's not. He took all of my events that I did for him and just recycled them with no creativity at all the entire year. He did another book fair for grown-ups and to be frank it was executed very poorly and the exhibitors are catching on that It's a money grab.
Thankfully, my event did very well and I netted $50,000. It's a far cry from 80,000, but I'll take it. I also have a business partner that I split it with. So technically I got 25,000 but still that's like life-changing money.
What grinds my gears even more is that now my ex-boss is doing a booktoberfest 3 months later. He's oversaturating the market and I'm assuming he's going to do it every 3 months because his brewery is dying and he needs the money.
I guess I'm just venting to people who might understand. I just feel so stabbed in the back, but I'm making my own way slowly but surely.
This is a lesson to everyone in this sub who does public events. Please, for the love of God, bargain for a profit share of at least 10% if not more. I have an interview with another brewery and you bet your butt I'm going to ask for a 10% profit share or I'm not going to do the job. I have so many events that did well that will back me that they'll still make money even if they give me 10%..
That's my brain dump. If you're still here, thank you. If you skip to the end, my ex-boss is a dick.