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I run a photo booth rental business that generates $400k annually. AMA (alien.top)

submitted 11 months ago by maydaybutton@alien.top to c/entrepreneur@indiehackers.space

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Been in the photo booth industry for nearly 10 years and generate $400k annually (set to do over half a mil by 2024) in the wedding and events space. I don't feel like I am the expert by any means in business or entrepreneurship, but I've built a couple successful companies on a small scale, and have an MBA, so maybe I can contribute to your success. AMA!

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[–] 88captain88@alien.top 1 points 11 months ago (1 children)

How much do you pay yourself hourly (or how many hours you work/what's your salary)? After you pay yourself how much profit does the business make?

[–] maydaybutton@alien.top 1 points 11 months ago

Check the original post edit for net and margins. As far as hours go... It's somewhat always on. This is not a Tim Ferris 5-hour workweek type business. But it's a bit of a passion, and still way more flexible than a full-time job.