Is it worth starting a drone business? My 1st hand experience!

Is it worth starting a drone business? My 1st hand experience!

Starting a drone business is a dream of many people. For me, it is one of my favorite subjects since I love both drones and starting businesses. But, is it worth starting a drone business in today’s climate? Is there too much competition? Are people simply fed up with drone photography? How profitable is a drone business exactly?

Full Article: https://droneflyingpro.com/is-it-worth-starting-a-drone-business/

0:00 – starting a drone business is like any other
2:27 – start-up costs
7:00 – rates
8:59 – how are you get customers
11:27 – the ups and downs of business
13:25 – summary

23 Comments

  1. Noisy Bird Fpv on August 28, 2022 at 8:13 pm

    Correction for the USA if it’s for a business you do need your part 107 license whether it’s under $250 whether it’s under 250 g or not.

  2. TheExtremeElementz on August 28, 2022 at 8:14 pm

    Excellent video, the information was seems very accurate and aligned with how I think this is going to go. First thing I have to do is get my Part 107 (in the US), after that I think I’ll choose my drone and with some research ill start off doing freelance work or some freebies like you called it to build my portfolio. Thanks again for the information!

  3. Maui Alert on August 28, 2022 at 8:21 pm

    You are doing the math wrong if you think you can run a drone business at $25 an hour. You can charge that—just not for very long. $250 an hour for quality production.

  4. Nacho Aguado on August 28, 2022 at 8:21 pm

    First step is what you mentioned. Put hours into a financial sheet (no matter the complexity), as long as it has three main variables for you to analyze.
    1. cost of stablishment
    2. At least 3 years
    3. Define as close as possible how your sales structure will work. If you do, you can mix and match fixed costs with more accuracy and leave your self some headroom for variable costs.

    Forget about banks, VAT, interests…that’s secondary.

    Focus on a well structured and defined SALES STRUCTURE. Don’t bundle all sales into one figure. If you do that, your relative accuracy in the short term will be fine, but once you start proyecting in the future, everything will fall apart. Costs are easy and they depend heavily on how risk prone are you.

    This is my experience so far. Have in mind that none of what you put down on your sheet will be close to reality, but will provide the best tools to adapt and reduce the risk of unwanted surprises.

  5. Titus Nixon on August 28, 2022 at 8:22 pm

    In the USA you will need a part 107 license and insurance

  6. Gyrotex Gaming on August 28, 2022 at 8:22 pm

    Happy to find a fellow Aussie who is into drone business stuff. I’ve started recently and worked with a major company that reached out to me on Instagram. It was a great experience and then quality was pretty damn good, both me and the client were happy about it. Problem is – other than the initial luck based order is filled, I find it very hard to market our services here in Australia to source new work. What about you mate? I’m in Sydney, where are you based?

  7. DLP Media House on August 28, 2022 at 8:23 pm

    Hell no!!!! Its become much harder to get work. Why? Well, where I live we have prospective clients purchasing their own drones to take their own photos or video content. There are weekend warriors who call themselves ‘ cinematographers’ and sell their cheap mavic and soul for the cheapest rate that defies getting out of bed. DJI has made great drones, but the death of business for many is that the drones are far too easy to fly and cheap that anyone can do it now. If the world of drone work was just heavy hex and octo copters and specialist training and far more policed licensing then YES, there would be significant work for those who have paid the hefty fees for high end gear and training as the small weekend warriors are unable to acquire the gear or training. If you are fortunate to have connections in the motion picture or TV sectors then you are ok as they have budgets and require heavy lift drones. I personally would not recommend trying to start a drone business unless you live in a city where nobody else has a drone.

  8. Oleg on August 28, 2022 at 8:32 pm

    I mostly see videos that flying a drone and selling your footage is so awesome and lucrative and I sensed it might not be that easy. Thanks for bringing it up. It’s getting a lot more competitive, considering the accessibility

  9. patrick eul on August 28, 2022 at 8:34 pm

    Thanks for taking the tome to make this, it’s appreciated.

  10. Rollie Roth on August 28, 2022 at 8:40 pm

    Nicely done. Thx‼️🎯🤓

  11. Arthur Pullam on August 28, 2022 at 8:41 pm

    "Done is better than perfection". Man, hit me between the eyes! lol I’m a virgo and will procrastinate for perfection so I totally get this. Great video and can’t believe I was the first like!!! Never happened before. lol

  12. The Malcolm Show on August 28, 2022 at 8:43 pm

    I just started mine not long ago I charge just $50 for now I do real estate mostly and when people want videos of their car or whatever else they want

  13. RichieV on August 28, 2022 at 8:47 pm

    Finally found someone in Australia with a drone channel.

  14. Dilan S on August 28, 2022 at 8:47 pm

    Done is better than perfect! Main lesson of my first year

  15. Cubby Things on August 28, 2022 at 8:49 pm

    I’ve watched dozen of these videos and honestly this has shown me the hesitation but the possibilities! Love the content!

  16. Israel A on August 28, 2022 at 8:53 pm

    Wow! I watched all your videos on pursuing a Ph.D. (I’m currently on my second year) and just found out that you have a drone channel! Today is a good day.

  17. J The Reviewer on August 28, 2022 at 8:53 pm

    666th like!

  18. Ben Veasey on August 28, 2022 at 8:55 pm

    What camera would you recommend for photogrammetry of single buildings in the construction industry? (For ArchViz – RealityCapture)

  19. Bruce Pinchbeck on August 28, 2022 at 8:56 pm

    Nice video, but you cannot fly a drone commercially until you pass your Part 107 licensing exam. It does not matter if you are accepting money to look at your neighbor’s roof, or you have your own drone business, a license is required. The FAA will come down on you quite hard if you are caught.

  20. Andrew Oxley on August 28, 2022 at 9:01 pm

    Enjoying your content. Good luck with your endeavour

  21. CRYPTO visuals production on August 28, 2022 at 9:04 pm

    Where can i get that business model canvas ?

  22. Sargsmith on August 28, 2022 at 9:05 pm

    The mini 2 in the Us will not get around either licensing (Part 107) or registration as all drones used for commercial purposes must be registered.

  23. Mottbox on August 28, 2022 at 9:06 pm

    I ordered a mavic 3 but starting to think I should have just got a air 2 s to get started? thoughts?

Leave a Comment