Entrepreneur

0 readers

1 users here now

Rules

No Personal Attacks - criticism of ideas is allowed, attacking people is not.
Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 1 year ago

MODERATORS

communick@indiehackers.space

Finally having success with my side hustle!!! (alien.top)

submitted 1 year ago by Jamal_Tstone@alien.top to c/entrepreneur@indiehackers.space

38 comments fedilink hide all child comments

I decided to explore entrepreneurial ways of making money about 2 years ago and it's been a bumpy ride, had a lot of failed ventures, but it's finally starting to work out! I recently got a job as an aircraft mechanic at a small airport and got to know a lot of the pilots fairly quickly.

The guy that washes people's planes was overcharging them but there was no competition, so most people just left their airplanes dirty. He was charging like $150 per wash! So I spread the word "I'll do an initial wash for $120 to knock off all the caked on grime and bugs" and then I'd offer to let them opt into basically a wash subscription. $80 per wash if I wash the plane monthly. Takes me less time to wash it anyways and it keeps the cashflow steady.

Basically, I charged almost half what the competition was doing it for. It's been 20 days and I already have 6 planes subscribed to my monthly wash program, one of which is a twin engine so I charge $120 for it, bringing in a garunteed $520 a month excluding other odd jobs, and averaging about $45 per hour of labor with very low overhead. Feeling pretty good about it!

you are viewing a single comment's thread
view the rest of the comments

[–] According-Relief4828@alien.top 1 points 1 year ago (1 children)

After you start bringing in more customers start an llc and get some people to work for you either by hour or per plane, start generating passive income while your workers do all the labor for you.

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

That's a great plan, but how do I stop them from simply saying "Man this washing equipment ain't that cheap and I'm the one doing all the work. I'll just do this work for myself"?

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

You could have them sign a noncompete if this is a concern.