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ADU 01121: How Do I Determine the Commercial Viability of a New Drone Business?

ADU 01121: How Do I Determine the Commercial Viability of a New Drone Business?

FromAsk Drone U


ADU 01121: How Do I Determine the Commercial Viability of a New Drone Business?

FromAsk Drone U

ratings:
Length:
20 minutes
Released:
Aug 12, 2020
Format:
Podcast episode

Description

Today's show is about starting a new drone business. How can you conduct a thorough market validation exercise, and discover if it is worth investing in new business?



Our caller for today, Jose is an army man on the verge of retirement. Jose is keen to start a UAS business once he commences his civilian life. Considering his background and all the critical skills that he has picked up over the years, what industry verticals should he target? How can he research the market and discover industry verticals that are a good fit for him?



Topics discussed on this show include creative fields vs. technical fields, the importance of following your passion, developing an aptitude of continuous learning, and much, much more…



We hope you enjoy this show!



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Timestamps

Today's question is about starting a new drone business
How can you find reliable market research resources when starting a new drone business?
Is it better to get into a creative or technical field?
Importance of following your passion
Are you taking into consideration all possible business risks?
Some common mistakes that drone pilots make when they venture into drone mapping and modeling
Do you have an aptitude for continuous learning?
How being a part of a like-minded and progressive community can help you
Which have been some of the most popular drone applications during COVID?
Released:
Aug 12, 2020
Format:
Podcast episode

Titles in the series (100)

We’re Drone U, a group of guys who have turned their passion for flight into a profitable business. We love hearing from our fans, and we love helping by answering their questions. That’s why we started the Ask Drone U podcast in 2015. Since then, we are one of the largest, most popular DAILY drone podcasts out there. Each episode features an actual question submitted from someone just like you! We wish we could answer everyone’s question(s), but we’ll do our best to get through as many of them as we can. So plug in those headphones because it’s time to learn together about everything drone: FAA, insurance, business strategies, videography, drone tips, flight techniques, drone tricks, expert advice, cameras, gimbals, and so much more. #askdroneu