"As you can all see, if a young 16 year old promoter could do all that within 1 week, imagine what you can do yourself?"
Rid - anyone can act like they are throwing the concert of a lifetime. Concerts are the biggest hassle you could imagine. Ive thrown sold out venues to no shows. Getting artists to perform is easier than pissing in the ocean. More times than not, you will have too many performers. Its a great way for a performer to get exposure for a new album or what not, thats the easy part.
Just dont get ahead of yourself. I see 50 posts on every forum about the "concert of the year" thats never gonna happen if you dont even have a venue CONFIRMED, which by the way, is a BITCH when youre throwing a rap show.
And as far as 15 g'z to spend - heres some shit to put it in perspective. I threw a show with a bunch of underground artists, relative "no-name" acts. We oversold, made lots of cash. A month ago, in the SAME venue, we had RBL, First Degree The DE, Prime Minister, etc. and no one showed. We lost a fortune. Concerts are a bitch, just look into it a little more before trying to confirm the artists.