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How to Kill Your Drone Biz in 5 Easy Steps

September 4, 2024 Posted by Tony Marino, MBA, Commercial Drone Pilot Drone Business Strategy Blog
Aerial Northwest - How to Kill Your Drone Biz in 5 Easy Steps

So, you’ve started your drone business. Congratulations! You’ve got your Part 107 certification, a shiny new drone, and the world looks like your oyster from 400 feet above. But beware! The road to drone business success is littered with the wreckage of crashed opportunities. If you’re eager to ruin all your hard work, follow these five easy steps. But if you prefer to stay airborne, take heed and avoid these fatal errors.

1. Neglect Your Paperwork

Who needs paperwork, right? Licenses, waivers, and insurance are for amateurs. Just take your drone out, fly anywhere you want, and hope for the best! (Sarcasm alert!) Not keeping your paperwork in order is the quickest way to crash your business—right into a legal wall. Without the proper FAA approvals, one small mistake could lead to fines, lawsuits, or even a revoked certification.

So, stay organized, get insured, and make sure your licenses are up to date. Trust us, paperwork is a lot less painful than penalties.

2. Ignore Safety Regulations

Safety is overrated, isn’t it? Why bother with pre-flight checklists, understanding airspace classifications, or monitoring weather conditions? Just wing it! If you want your drone business to tank, disregard safety protocols and hope nothing goes wrong. The truth is, ignoring safety will not only endanger your drone but also the people and property around you.

One reckless flight can cost you your business reputation—or worse, someone’s safety. So, before you fly, take the time to plan, inspect, and ensure a safe operation.

3. Offer the Cheapest Rates in Town

Here’s a surefire way to crash and burn: undercut your competition by offering rock-bottom prices. After all, who needs profits? By pricing yourself too low, you’ll quickly discover that while you’re busy attracting bargain hunters, you’re also running your business into the ground. Operating a drone business requires investing in equipment, maintenance, and your skills. If you’re not charging what you’re worth, you’ll struggle to cover costs, let alone make a profit.

So, resist the urge to race to the bottom—price your services to reflect the value you bring.

4. Fail to Market Your Business

Who needs marketing? If you think customers will just magically find you, think again. The “build it and they will come” mentality doesn’t apply to the drone business. Neglecting your marketing efforts is a great way to stay invisible. If you want to succeed, you need to get your name out there.

Invest time in creating a strong online presence, networking with potential clients, and showcasing your work through social media, a professional website, and even old-fashioned word of mouth. If you don’t, your business will likely stay grounded.

5. Refuse to Keep Learning

Why bother keeping up with industry trends or improving your skills? You’ve learned enough, right? Wrong! Technology is evolving rapidly, and so are drone regulations and client expectations. Stubbornly refusing to learn new skills or adapt to changing conditions is a guaranteed way to make your drone business obsolete. Successful drone pilots are always honing their craft, staying informed about the latest equipment, and continuously expanding their service offerings.

If you’re not learning, you’re falling behind—and your competitors will fly circles around you.

The Takeaway

While these steps might humorously highlight what not to do, the truth is, every drone business is vulnerable to these common pitfalls. Avoid these mistakes, and you’ll be well on your way to building a successful and sustainable drone business. So, keep your paperwork in order, prioritize safety, value your services, market wisely, and never stop learning. Do the opposite, and your drone business will crash faster than you can say, “Mayday!”

Fly smart, stay sharp, and your drone business will soar to new heights. 😉 T

If you have any questions, let us know! If you’d like to hire us, you can get more information here.

Written by: Tony Marino, MBA – FAA Certified Part 107 Commercial Drone Pilot and Chief Business Strategist at Aerial Northwest

Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as legal advice.

Resources

  • FAA Resources: FAA DroneZone
  • Article: Drone Pilot Aerial Photography Business Plan Blueprint 2024
  • Article: Top 5 Drone Pilot Marketing Channels for 2024
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    About Tony Marino, MBA, Commercial Drone Pilot

    A proud US Navy veteran and a highly creative and impassioned FAA Certified sUAS Commercial Drone Pilot and predominately a straight-forward, "go-to" business expansion strategist and well-known critical thinker, Tony Marino draws upon his earned BSBA in Marketing (summa cum laude) and MBA in Entrepreneurship in lock-step with his real-world expert skill sets in the areas of business strategy, business leadership, creative writing, photojournalism, music, video, and television production, community networking, talent acquisition, linguistics, predictive forecasting, and business performance analyses. Tony has published over 200 articles on the subject of drone pilot business strategy.

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