In this episode, we're diving into the intriguing world of selling an Aerial Photography Company with the expertise of our guest, Andrew Wahl. Join us as we uncover the essential strategies, insights, and challenges involved in navigating the sale of a specialized business like aerial photography. Whether you're an entrepreneur looking to make a strategic exit or someone curious about the intricate process of selling unique ventures, this conversation will provide valuable tips and firsthand experiences to guide you through the journey. Tune in to gain a comprehensive understanding of what it takes to successfully sell an Aerial Photography Company. Andrew comes from a long line of entrepreneurs and small business owners from Central Indiana. At the age of 16, he started his first small business doing landscaping for a local real estate firm. Fast forward over 15 years later, he is active in commercial real estate, business brokerage, and sits on several boards including Midwest Food Bank, Indy REAL, and the Noblesville Chamber of Commerce. Andrew genuinely enjoys working with business owners of all types and will describe working in this role as, “something I have always looked for – the perfect balance of working and enjoyment that makes it feel like a hobby vs working a job.”
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About the Show
The How to Sell a Business Podcast combines nearly 31 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business.
By: How to Sell a Business Podcast Title: EP 91: How to Sell an Aerial Photography Company with Andrew Wahl Sourced From: www.youtube.com/watch?v=9iCGlzKv1rI
Look at the 3 highest-rated drones on Amazon in 2022
Frequently Asked Questions
How much money do drone photographers make?
Photographers can earn more than $10k depending on how long they fly and where they shoot. Shooting in remote areas, such national parks or forests can bring you upwards to $20-30 an hour.
An average person is paid $15-$25 an hr in retail. That means you could fly drones for $50-$75 if that's what you desire. There are other opportunities to make more. Drone pilots typically fly for companies that require them to travel across the country or even internationally.
You can charge anywhere from $100 to $300 per flight, depending on the time you spend flying and the distance you cover. It can quickly add up, but if your passion is photography and flying, this may be worth it.
Is it permissible to fly drones at night?
Drones have become more and more popular. Drones can provide stunning aerial shots of our homes, businesses, as well as providing amazing video footage of sporting events, as well as being useful in surveying large areas and delivering goods. There are currently very few regulations that govern drone usage. Some states have banned drones entirely, while others have placed restrictions on where they can be used.
Drone flying in daylight hours is quite safe. But, at night there are risks. The safety of you and other pilots is at risk when flying drones at night. Because it is hard to spot hazards and obstacles, mistakes made by pilots could cause an accident.
Drones are becoming increasingly popular; therefore, we must learn how to operate them safely. There are two main types: fixed-wing, and rotary wing. Fixed-wing drones tend to be smaller and easier than rotary-wing models. A fixed-wing drone usually has four propellers, while a rotary-wing model only has one.
To avoid accidents, you should familiarize yourself with the local laws concerning drone usage. It is also important that you ensure that your drone is within your direct line of sight at all time. Another important safety tip is to ensure that your drone is fitted with lights, particularly ones that flash red and green. This will make it easier for you spot potentially dangerous objects. You should protect your camera lens from any damage when you plan on taking photographs. Protective goggles are also recommended for drone pilots.
Drone flying at night poses several dangers. This includes collisions and damage to power lines, trees, or buildings. Drones also have the potential to become lost, or even fall out of sight. Therefore, you must keep your drone away from obstructions and stay close to the ground. Drones also are susceptible to sudden weather changes or wind gusts. These factors can interrupt your drone's flight, causing it to crash on the ground.
Drones have become increasingly popular, but there are possible health risks. These devices emit noise that can cause headaches and damage to the ears. Furthermore, the vibrations caused by drones can cause damage to the body. Flying drones without a license can result in fines and legal action.
You can prevent accidents by following these guidelines. When flying your drone, you must keep it within your line of sight. Avoid flying close to airports. Be extra careful when flying your drone over water, as it increases the chances of a collision.
How to fly my drone?
It takes practice to fly a drone. Drones are more stable than regular aircraft but it takes practice to become proficient. We recommend that beginners practice indoors or near their home.
To fly a drone you will need to have three fundamental skills. These are taking off, hovering, and landing.
Take off
The drone will take off by simply being lifted into the air. Press the button on your controller to cause the drone to move upwards. Stop pushing the button when the drone reaches a desired height.
Hovering
Hovering is when the drone stays in midair. Hold down the right or left trigger and press the throttle to hover. You can move the drone by tilting the controller by holding down both triggers.
Landing
Landing refers to returning the drone safely to Earth. To land, let go of the throttle and gently tilt the controller towards the ground. This will cause your drone to slow down until it lands.
You can fly your drone if you are comfortable with it. Be careful not to crash into any object.
Statistics
A grey card is just a piece of thick paper that is a specific shade of grey (18%), which will be the foundation on which we choose our color temperature. (dronegenuity.com)
Homes with aerial images sold 68% faster than homes with standard images. (alexdronephotography.com)
Again, no stabilization is applied, and the 50% throttle stick position cuts the power to the motors. (photographypro.com)
Regional & Super Regional Centers pricing per center (400,000+ sq ft) PLACE ORDER (dronebase.com)
Here's proof: according to an analysis of FAA drone registration numbers by drone market research and data group Drone Industry Insights, DJI had a 76.8% market share in the U.S. (thedronegirl.com)
Tips for beginners: How to take great drone photos
Tips for taking great drone photos:
Space is essential for safe flying of your drone. It should be kept away from trees and power lines.
Before you fly, ensure you know exactly where you are! Drone flying is easy. It's easy to get lost when flying drones.
Don't forget to stay safe while flying! Always keep your drone close to you to see what's happening around you. Never fly at night, or in bad weather conditions like heavy rain.
Bring extra batteries if you plan to do long flights. It is a good idea to always have spare batteries. This ensures that you never run out of battery power mid-flight.
Use high quality lenses. The higher the resolution, the clearer the picture. A camera lens with a low pixel count, such as those found on most smartphones, will blur the image.
Start small. Make short videos when you are learning how to fly a drone. After feeling confident with these, you can go on to making longer videos.
Avoid using your drone indoors. Drones are not designed to be used inside. They can cause damage and destruction to furniture and walls.
Practice makes perfect! Try new things with your drone. Use it to capture different angles in the same scene. Or, go outside and practice flying around your house.
Have fun! You may believe you have to follow certain rules in order to take great drone photos, but there are no rules for photography.
Learn more about how your camera settings work. There are many advanced features on today's cameras. These settings can be used to improve the quality your photographs.
Be patient! Be patient!
Have fun! Make sure you remember why your drone was purchased. It can be fun to fly your drone.
Your work is welcome to be shared! Share your top shots on social media platforms like Facebook, Instagram and Twitter. Let other photographers know how much it was fun!
Keep learning! Explore magazines and books that are about photography. You can watch tutorials online. 15. Keep safe! Before you take to the skies, make sure that all safety precautions are taken. Make sure your drone is fully charged and that the landing gear works properly. Also, make sure that you're following proper FAA regulations.
Find your style! Once you have mastered the basics you will be able to create your own style. Test out different styles and techniques until you find one that works.
Use apps! You can easily download free photo editing apps to your smartphone. These tools will allow you to easily enhance your photos.
Take notes! Keep track of all the information you have learned from this article to help you remember it. Write down important points in your journal or notebook.
