Some trends have the capacity of turning into mega trends and bringing about a dramatic shift in the economy as we know it. UAVs have managed to do that in a rather short period of time.
From being considered as mere “toys of the hobbyists”, “flying cameras of the rich,” or the “clandestine military operative machines”, drones have further penetrated vast areas of our economy and are starting to become a major part of our everyday lives. Unimaginable uses of drones are coming to life every single day and their evolution is only going to surge with time.
Business tech buffs globally are trying to get a slice of this rapidly growing trend’s pie. The drone business opportunity market is posed to grow 190% from 2014 to 2024, according to The Drone Co.
For a budding entrepreneur, owning a drone in this day and age is a latent business opportunity just waiting to be explored and exploited. For opportunistic businesspeople, drones have multiple uses and can be explored and utilized in a variety of ways.
Before getting started with a drone-related business, it is fundamental to check local regulations on the commercial use of unmanned aerial vehicles (UAVs). Some countries already have introduced strict regulations that limit the use of drones.
How to Get Started with a Drone Business
Before you decide to take the plunge into the intriguing world of drones and the business opportunities ascribed with them, the very first steps are to enroll in an FAA-approved aeronautical training program to get a Remote Pilot Certificate, which is a pre-requisite to be able to commercially conduct a full-fledged drone business. You can enroll in the Drone Pilot Ground School, which helps fledgling drone pilots get the appropriate test prep for the FAA Aeronautical Knowledge Test.
UAV Coach also offers a step-by-step guide to FAA Part 107 for U.S. Commercial Drone Pilots to score a drone certification process that covers all the new regulations implemented by the FAA.
Drone Business Opportunities
Considered the best business to start in 2017, some of the upcoming potential business opportunities with drones are listed below:
One-man Aerial Film Unit (Filmmaking)
With basic knowledge of operating video cameras and piloting drones, people can produce in-house documentaries, short films, video snippets and montages that would otherwise require helicopters to shoot. Moreover, drones are cheaper, more maneuverable, and safer than helicopters.
Individuals and large enterprise consumers can also pursue a wedding and special events photography business with drones. Owning a drone can be the ultimate start to a freelance business of commercial photography and videography, which could prove to be a secondary or even a primary source of income.