Quote:
Originally posted by Aignam
Do you know of any other teams participating in the Segway fundraiser? It sounds like a good idea, though the insurance and liability can get icky..
The one thing I like about it is that it is a long term investment, and once you break even, it is almost pure profit. We could even bring it to the town carnivals and such and offer it for $2 or something. Kids would be lining up. The only problem I see with that is the state laws. In New Jersey, the rider would have to be of age (16) and wear a helmet, which isn't too big of an issue, but still a consideration. What other environments do teams bring the Segway to? How do you go about setting the rides up?
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Its a really inventive idea, but always remember in economics profit is a cost. If you could be gaining more money somewhere else, your techincally losing it. Just think is buy a $4500 segway the most profitable thing we could do with $4500. Now if someone already has a segway and are willing to donate it for a fundraiser that would be amazing. But just think how much time you would need to put in just to get back to 4500.. at $20 you would need 225 people to ride it. I personally think 20 is to much.. say you get $10 a ride. 450 people. Thats just to make the price back. Now granted if you make this a long term investment.. it may make some money for you.. but the problem is most teams don't either 1 have the money right away or by the time they get it, they don't want to lose it to a risky investment. Remember $4500 can be used to do many other things... like host team dinners which can easily get $15 a plate and you can sit 100 or more people at time. ( they often spawn off donations of $ 100 also )
I think the segway is a really cool idea, and if you had one for use already it would be amazing. However, I think more money can be generated other places w/ that money. More " pure profit " because your basis for profit could be covered.
I wish I had a seqway :-( lol
Dan