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How would one launch a business focused on specialized industrial areas?

How would an entrepreneur start a business on an industrial scale, specifically for drone services (eg. cinematography, 3d modelling, surveying, etc) how would it get started?

+25 Karma if successful
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Robert’s Answer

Hi Jarrett, Drone services sounds like a great idea at this time. Having learned much from starting 2 small businesses, I suggest finding a mentor to help you pursue all the necessary steps. Check out one or more mentor services from organizations like Futurpreneur Canada in Alberta. Or, you could ask a local successful entrepreneur to lunch. Offer to pay for their meal in exchange for getting their insights. Trust your instincts in assessing folks. Overall, the process is sometimes bumpy, but it feels so good when your dream materializes! Enjoy the adventure!
Thank you comment icon Thank you for the advice! Hopefully I will be going to lunch soon with one guy that has a successful business in the surveying area. I will make sure to talk to more people about that kind of stuff! Jarrett
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Pradyumn’s Answer

This advice is for a little further down the road, for when you've figured out the basics of your drone business and have had a couple of successful customer interactions.

Try and figure out what could distinguish your business from other similar businesses that you compete with! When you're talking to customers, get a sense of what they enjoyed about working with you, or what the pain points were when they worked with other people, and what they're looking for help on that they haven't been able to find yet. At the same time, try and understand how your competitors operate and how you might stand out from them.

As an example, let's say a customer keeps saying how easy you are to work with - you picked up the phone quickly when they called, you gave them a clear price quote, you showed up when you were supposed to - this suggests that you're great at customer experience and service! Lean into that, and make that a differentiation point. Ask your customers who enjoyed their experience with you to recommend you to their friends.

Similarly, let's say you're getting a lot of requests for a service that you don't provide currently, like cinematography. You do some research and call your competitors, and find out that nobody offers this service yet. That could be a great sign that there's an unfulfilled demand out there! Maybe you want to start offering that service and highlight it in your branding/marketing!

Keeping this mindset in place and your eyes and ears open is how you take your business to the next level; this will let you keep yourself fully booked or increase your prices or be the first player in a new area.
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Katherine’s Answer

You might get some ideas for first steps or next steps if you look into this workbook (https://www.churchofjesuschrist.org/si/institute/registration?lang=eng) or into Dave Ramsey's book EntreLeadership.
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