“A Bar Of Their Own” – a bar devoted to women’s sports – opens tomorrow in Minneapolis.
I wish them, and just about any new business trying to make a go of it, all the best.
There are some who’ve mocked the concept. I don’t – anyone who tries to contribute more growth and wealth to our society is doing the right thing, even if they seem to couch the idea in terms of “community” and “inclusion”.
Profiting from a consensual transaction is as inclusive as it gets.
Now, I have a few questions. For example…:
The bar was made possible in part by a crowdfunding campaign that managed to exceed its fundraising goal of $200,000 by more than $5,000.
The notion of starting a business via crowdfunding is kind of a new one. On the one hand, if you can get people to pony up for a concept, maybe they’ll patronize the business.
On the other, investing based on emotion isn’t a smart play, and crowdfunding isn’t even investing, per se.
At any rate, I do wish them success. While I imagine most of the donors would get hives seeing it this way, that’s what makes free-market capitalism work.
No, my question is this: “Bring Me The News” added:
A Bar of Their Own is part of a rising trend kicked off last year when The Sports Bra — the very first women’s sports bar in the U.S. — opened to huge fanfare in Portland. You can read more about it right here.
Boy howdy, did they ever get the fanfare. They got more free media coverage than any new business I’ve ever seen – sorta like ABoTO is getting in the Twin Cities. I fully expect to see the Fox9 Morning News to do one of their “free ad” standups at the bar on Friday morning.
But is two bars actually a “trend”?
By the way – leave your predictions for the bar’s future in the comments.
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