The Inside Account of Summit's Very Awkward First Event Today it's a premiere event series for entrepreneurs and creators. But back then, it was a little experiment... with not enough beer.

By Elliott Bisnow Edited by Jason Feifer

Opinions expressed by Entrepreneur contributors are their own.

Image Credit: Summit Group. Image from long after the events described in this article.
I was 21 years old and had just dropped out of college after starting a business. I'd moved back in with my parents and was living in my childhood bedroom. I'd never been on a trip with friends. I'd never booked my own hotel room. And I'd never thrown a party.

As a new entrepreneur with almost zero connections or resources, I was desperate for a group of other entrepreneurs who could relate to me. So I cold-called 20 entrepreneurs who'd reluctantly agreed to come on a ski trip I offered to host. This is the story of that first Summit event — a small gathering that, over the next decade, would grow into more than 250 events, with some as large as 3,000 people, and it would transform my life in the process.

But back at the beginning, all I knew was that I needed to show people a good time. It wasn't easy.

I landed in Salt Lake City on a crisp, clear Friday afternoon in April 2008 — only two hours ahead of my guests. I rented a Suburban and raced to a convenience store to pick up some snacks for their arrival, and proudly bought beer for the first time in my life.

Everything seemed set as I arrived at the house to un­pack. I now had a case of beer in the refrigerator and what seemed like a mountain of snacks on the table. And it was a mountain of snacks—for one person. We'll probably have beer one night this weekend, I imagined, and everyone will have one.

As guests began to trickle in, I graciously gave a tour of the rental home to each new person who arrived.

"There are no plans for this weekend," I told one guest, Joel Holland, as we headed for the kitchen. "The idea is for everybody to get to know each other. The entire weekend is one big party!" I proudly swung open the door of the refrigerator to reveal twenty-four cans of beer.

One case of beer? For twenty people? This, Joel thought, is going to be one hell of a party.

With beer having historically proven itself to be a won­derful social lubricant for young people in uncomfortable settings, those 24 cans disappeared almost imme­diately once the guests found out they'd be sharing rooms with people they didn't know.

All anybody could feel at this point was a deep sense of awkwardness.

Ricky Van Veen and Josh Abramson from CollegeHumor immediately zeroed in on all the discomfort and decided it would be fun to create some more. When the group piled into a few cars and headed to the upscale restaurant that my mother had scouted out for dinner, Ricky and Josh were already hatching a plot.

The group convened around a long table, with me po­sitioned at the head. When I got up to go to the bath­room, Ricky and Josh quickly told everyone their plan: They would hand the maître d' a white card to place in front of me when I sat back down. They asked the rest of the group to play along.

I returned to the table and took his seat, and the maître d' gave an award-winning performance. "So sorry," he said remorsefully, delicately placing the note in front of me. He was so sincere that it was obvious there was a problem.

"Elliott, what's that?" Josh pried.

"I just got the weirdest card," I said.

"What does it say?"

Your attire is not appropriate to the standards of the club, and we ask that you change immediately.
—Management

"Oh man, you need to go change," someone called out.

"I don't have extra clothes in the car!"

"Well, where's the closest store you can buy some?"

"I don't know."

"But you have to change."

"What's wrong with my clothes?"

"Look at your shirt. It's not appropriate."

"It's a button-down shirt. The same kind as you're wear­ing."

"It's not the same. Look at the color of your shirt!"

This went on until every inch of my attire had been thoroughly dissected down to the contour of my collar. My frustration mounted until everyone burst into laugh­ter.

I shut his eyes and gave a reluctant smile. Then I began to laugh along with the table. In that moment, all the tension that had been accumulating from the time everyone arrived was released. Lively conversations sprang up around the table, and everyone began to relax into the evening and connect on a deeper level.

It was an ini­tiation that was a better bonding experience than anything I could've planned. Nobody minded sharing a bedroom with others after that. There was so much to rehash and laugh about, most of it at my willing expense. It felt like summer camp, except with more snow and less poison ivy.

The next day, everyone hit the slopes. Sam Altman, the future president of Y Combinator, and the founders of Vimeo and TOMS were hanging out and swapping stories of their struggles. They were learning about each other's best busi­ness practices and how they balanced work with their per­sonal lives. Each shed light on past failures and what could be learned from them. By the end of the weekend, everybody was familiar with everyone else's businesses and the stories that made them. Some of the guests had even begun lifelong friendships.

But perhaps I had learned the biggest lesson of all. So many people are frightened to throw an event, set up a meeting, or even send an important email unless it's perfectly crafted — as if you shouldn't put yourself out there un­less everything is flawless.

I understood in that moment that the most impor­tant quality an event can have is space for the unplanned — room for the spontaneity and randomness that create sparks. It's the difference between a highly polished apple you get in the supermarket and the slightly bruised organic one that's fallen from a tree. Brush it off, and the roadside apple tastes infinitely better.

Just as I had relentlessly picked up the phone to call people, I'd followed through and thrown an event that even my friends thought I was crazy to attempt to host — and now I had 20 new friends who didn't think I was crazy at all.

In fact, they actually kind of liked me.

As my guests left the mountain, they asked me if he'd assemble another get-together for everyone six months down the road. The idea had never even occurred to me; I'd barely managed to pull a single weekend off, and it would take him months to pay down my credit card debt. After I said goodbye to the crew, I soon got a phone call from a Fortune reporter asking how things went. As the call was wrapping up, the reporter posed one final question.

"So, what's your event called?" the reporter asked.

It didn't occur to me to have a name for the ski trip. Why would I give the trip a name? I didn't have a name for hanging out with friends on the weekend, so how was this any different?

"What do you mean?" I asked.

"You organized an event. What's the name of it?"

"Right. Of course it has a name . . ."

"Well, what is it?"

I glanced at the North Face jacket I was still wear­ing from the weekend and read the words right off the sleeve.

"Summit Series."

Excerpted from the book MAKE NO SMALL PLANS: Lessons on Thinking Big, Chasing Dreams, and Building Community by Elliott Bisnow, Brett Leve, Jeff Rosenthal and Jeremy Schwartz. Copyright © 2022 by Elliott Bisnow, Brett Leve, Jeff Rosenthal and Jeremy Schwartz. Published by Currency, an imprint of Random House, a division of Penguin Random House LLC.

Elliott Bisnow is a co-founder of Summit Group, whose family of organizations include Powder Mountain, Summit Series, Summit Junto, and Summit Impact. Bisnow is a startup investor, having made almost 50 early stage investments, including Uber, Coinbase, Warby Parker & Allbirds. At 20 years old, Bisnow started Bisnow Media with his dad Mark, out of his college dorm room. Over the next decade, they grew the business into the largest commercial real estate media company in the world and it was acquired in 2016 by Wicks Group. As the co-owner of America’s largest ski resort, Powder Mountain, Bisnow lives in Eden, Utah. Bisnow sits on the board of Lindblad Expeditions (NASDAQ: LIND).

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Leadership

The End of Bureaucracy — How Leadership Must Evolve in the Age of Artificial Intelligence

What if bureaucracy, the very system designed to maintain order, is now the greatest obstacle to progress?

Business Ideas

Is Your Business Healthy? Why Every Entrepreneur Needs To Do These 3 Checkups Every Year

You can't plan for the new year until you complete these checkups.

Franchise

KFC Is Launching a Chicken Tenders-Focused Concept Called Saucy — Here's When and Where It Opens

The chicken chain is making a strategic pivot towards the growing demand for customizable, sauce-heavy meals.