Episode 288: He Made $132K in 24 Days With a Drone⏐Ep. #288
10 business ideas · 4 case studies · Aired
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Drone Sales and Distribution
A retail and distribution business focused on selling drones, especially those equipped for agricultural use, including thermal and spray drones.
Revenue generated through the sale of drones and associated equipment, potentially coupled with maintenance and support services.Drone Maintenance and Repair Services
A business focused on providing maintenance and repair services for agricultural drones, ensuring they operate efficiently and safely for farmers.
Revenue can be generated through service fees for repairs, maintenance contracts, and selling replacement parts or accessories.Agricultural Spray Drone Services
A business that provides drone services for agricultural purposes, such as spraying crops with pesticides or fertilizers, optimizing the application process.
Charge per acre sprayed, typically between $10 and $25, depending on the complexity and demands of the job.Drone Pilot Training Program
A training program designed to educate prospective drone operators on how to fly agricultural drones, including obtaining necessary licenses and understanding crop management.
The business could be structured as a fee-for-service model, charging participants for courses, certifications, and practical training sessions.Agricultural Drone Monitoring Services
A service that uses drones to monitor crop health, providing farmers with real-time data and analytics to improve yield and manage resources more effectively.
This could operate on a subscription basis, where farmers pay for ongoing monitoring and data analysis services throughout the growing season.Drone Equipment Leasing
A leasing service for agricultural drones that allows farmers to use advanced drone technology without the high upfront costs of purchasing their own equipment.
Revenue could be generated through monthly leasing fees or pay-per-use charges, providing flexibility for farmers to access technology as needed.Drone Pilot Locator Map
A subscription-based platform that connects drone recovery service providers with customers in need of deer recovery services, acting as a directory for operators.
Annual subscription fees for operators to be listed on the platform, creating a lead generation source for them.Drone-Enabled Agricultural Education
An educational service that teaches farmers how to use drone technology effectively in their operations, from spraying to monitoring crop health.
Charge fees for training sessions, workshops, and online courses tailored to various aspects of drone use in agriculture.Drone Deer Recovery
A service that uses drones to help hunters locate deer that have been shot but not recovered, providing a more efficient and non-invasive alternative to traditional tracking dogs.
Charge a fee for the service, typically around $550 for successful recovery and $450 if the deer is not found.Drone Crop Spraying Service
A business that offers agricultural drone spraying services for farmers, using heavy-lift drones to apply pesticides and fertilizers efficiently over large fields.
The business could operate on a per-acre pricing model, charging farmers a fee based on the acreage treated, or through a subscription model for ongoing seasonal applications.Case Studies from this Episode
DJI
A manufacturer of drones, including thermal and zoom cameras used for various applications such as agriculture and wildlife recovery.
The founder of Drone Deer Recovery mentioned that he is now one of the largest retailers of thermal drones in the United States and sells DJI drones.
New Way Ag
A business that provides agricultural drone services, primarily focused on spraying crops using heavy-lift drones.
Pricing varies, but an example given was around $10 to $11 per acre for spraying, potentially leading to substantial revenue depending on the number of acres serviced.
Drone Agriculture Services
A service that utilizes drones to spray pesticides and fertilizers on crops.
Operators charge between $10 to $25 per acre for drone spraying services, with reported profit margins as high as 70%.
Drone Deer Recovery
A service that uses drones to help hunters recover deer that they have shot but cannot find.
The business started by charging hunters between $450 to $550 for deer recovery services, and the owner has since scaled the business significantly, achieving revenue over $32 million in a single year.
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