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

submitted 1 year 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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[–] Prior_Worldliness287@alien.top 1 points 1 year ago (1 children)

Are your staff happy? Do you pay them more than minimum or is your philosophy pay as little as possible? What benefits dontjey receive?

[–] maydaybutton@alien.top 1 points 1 year ago

My staff and my contractors love me. My philosophy is your people are always the most important part of any business. Treat them well, and they will reward you. I would rather offset any cost on the client than force my people to work for less. Often clients tip hundreds of dollars, which I let my people keep. I reimburse them for everything, treat them to bonuses, try to make their jobs as easy as humanly possible so they are excited to work.