An Intro to the Drone Business | Financing the Unreal

DronesIn 2016 there has been a lot of talk about these new drones, the smaller hand controlled drones you see in the sky above busy city locations, being used by either high tech software owners, corporate companies or just someone with a bit of money to spare on them! The reason they are becoming increasingly popular is because they solve 2 needs. The first is safety. If you send a message across town, there is a chance someone will intercept it, its a very small chance don’t get me wrong, but there is still is a chance. With drones you remove this chance (unless it crashes of course) And the second is of course something that is needed everywhere in all new businesses, and that is of course speed!

I previously read 2 extremely interesting articles about turning these drones into businesses! When you think about it like this, suddenly something begins to click, what if I could use these things to transport goods and services across town, within minutes, from the comfort of a computer or even smartphone! Now the creatively minded people are starting to think about something that might be the case! But there is more! In one of the articles I read, on virgin.com they talked about the following:

What I mean by this is that the technology has been created, the cats have flown out of the bag. We need two types of entrepreneurs now: people who can make the technology do new things and perfect those things (this will mostly be with new software built on our existing platforms); and people who can apply the technology in new and meaningful ways.

So essentially what they are saying is that if you are the entrepreneur you claim to be (and we hope you are) – There is a great business model for you right here. You can pick up a state of the art drone for £800, but you can also pick up an “okay” one for around £100. This means you can literally build a business transporting light weight items for people across 10 mile distances for a few pounds… And what’s more is that people will actually pay it… Have you ever been in a traffic jam and remembered you had to pick something up, or go and drop something off….Imagine if you could (from your smartphone) just click an app and a drone flew to your location (again through your GPS smartphone) and picked up / delivered whatever you wanted! – That is truly a remarkable business model right there! – There is so much potential with these things, so just go out there and do something!

But there’s more.

The drone industry got tons of funding (aka sponsorship) by making a prototype, and that is going to be our tip of the day for start-ups that need a lot of funding, SHOW some real value before applying, Venture capitalists love to see drive, motivation and something that is clearly valuable!

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