- Biz Brainstorms by Connor Gross
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- Kickball Leagues, Dippin' Dots, Kirkland Signature
Kickball Leagues, Dippin' Dots, Kirkland Signature
designed to be skimmed
Welcome to Biz Brainstorms –
My name's Connor.
I go down weekly rabbit holes of business ideas & lessons. Then, you get this 200 second email.
(Read To The Bottom For A Surprise)
Today's Outline:
⚽️ Kickball Leagues
🍦 Dippin’ Dots Empire
📦 Packaging Companies
🚢 Kirkland Signature
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⚽️ Kickball Leagues
This has quickly become my new favorite side hustle business:
Adult Sports Leagues.
I’ve heard of 2 people in the last 6 months who have built profitable adult kickball leagues. So, I decided to research how much these businesses can earn.
Turns out… a lot. I found one company that owns Kickball.com that makes an estimated $79.4M/yr (though I think that’s for the parent company, ClubWaka – which also does everything from BarCrawls to corporate softball leagues and more)
The companies bread and butter is in corporate events, but from talking to someone who’s running a league of their own, I learned that these are the perfect cash grab if you’re highly social, love events & willing to hustle weekday nights for 90 days.
Napkin Math for a six-figure side hustle:
Fees:
200 person league @ $75 per person = $15,000
Products:
• Food/Bev – $5/person/week for 12 weeks = $12,000 (remember, you can sell $5 waters & protein bars)
• Sponsors – $5,000 from local businesses for T-Shirt placement
That’s $32,000 of high margin income (your costs are water bottles & renting courts) that you can repeat 4x per year.
Not game-changing money. But, an easy way to bring the community together and make some cash.
🍦 Dippin’ Dots
This is an epic business story below:
The Dippin’ Dots ice cream turnaround was wild:
1988: Founded
2011: Bankrupt
2012: An oil tycoon buys it for $12M
2019: $330M+ in revenueThe kicker? The next decade will be driven by its plant-based meat and cryogenics storage businesses. Not ice cream.
Let's dig in:
— Romeen Sheth (@RomeenSheth)
1:30 PM • Sep 18, 2023
TLDR:
• Dippin Dots went through Bankruptcy & was bought by an Oil Tycoon
• Improved the icecream biz by going Direct-to-Grocery & Bought a popcorn brand to merge with Dippin Dots franchises (salty & sweet combo)
• Licensed DD’s Cryo quick-freeze tech to pharma companies and plant-meat companies for huge fees
📦 Packaging Companies
Man Crates does ~$40M/yr selling gifts in wooden crates you open with a crow bar.
Liquid Death does ~$250M/yr selling canned water
Pez Candies still do $25M/yr (though I don’t know who’s still buying them)
My point: There are million dollar companies selling commodity goods where the packaging is the product.
🍾 Kirkland Signature
I was today years old when I realized Kirkland sold more than Nike and McDonalds.
DTC brands could learn a lot from Costco.
Their in-house brand Kirkland does more annual revenue than McDonalds and Nike ($58b).
It didn’t exist 30 years ago, but over that time they’ve built one of the biggest consumer brands on the planet.
They also don’t make their own… twitter.com/i/web/status/1…
— Taylor 🍕 (@TaylorSicard)
11:41 AM • Sep 17, 2023
The brand is genius. They partner with big brand companies and private label them as Kirkland.
Kirkland Batteries = Duracell
Kirkland Coffee = Starbucks
Kirkland Vodka = Grey Goose
Kirkland Leggings = LuluLemon (rumors)
These brands supply Kirkland because Costco drives massive volume. Which in turn, helps the big companies produce more and reduce costs which helps their profit.
✌️ See you next week
-Connor