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NOW ONBouncing and drinking coffee ain't easy, but bouncing and making money is and I'm gonna go over the pros and cons of starting a bounce house business. Yeah, bounce house business in this video, let's go.
My name is John Crestani. And I've been running the internet businesses. I've been running my businesses since 2008. And I love making money. I love entrepreneurship. And I encourage everyone out here to do so. But let's go over the pros and cons of starting a bounce house business. And first, let's go over the step by step process to doing it.
So first off, you have to pick a niche. Okay, now, buying a bounce house can cost anywhere from 1200 to $20,000. Right, which is relatively cheap to start a business. But you got to pick a theme, you know, are you going to be a pirate themed Bounce House business? Are you going to be a superhero themed Bounce House business, a fantasy, you know, Castle, and princesses type of theme, bounce house business, or you're going to be the obstacle course, bounce house business, you know, maybe do some corporate events and stuff like that, too, right?
You got to kind of go pick a theme and the theme kind of goes with the market. Right? If you do an obstacle course Steiff type stuff, you're going to be able to get bigger events with older folks, right? If you're doing like a princess themed thing, you're, you're going after kids, you're going after moms and dads that are looking to have some fun at a birthday party. Now Step number two, is you got to actually get a bounce house, okay, you got to get a bounce house. And the you got to go out there and buy it. And the cost is $1,200, at the low end for just a basic bounce house, or up to $20,000 for some of these, like bounce, obstacle course, type things that are, you know, like, take up a whole, like, you know, sidewalk, or you know, whole street or parking lot or something, maybe you've seen those.
You got to, you got to actually get your stuff. And the other part of that is you got to have some sort of like legal contract, you know, it could just be like a page that basically just says, and I'm sure you can look this up on the internet, but it basically says, Look, if anybody gets hurt, you know, you're not responsible, you know, you got to get the parents signed. But then you're in business baby. And we go on to step three, which is marketing.
Right? So the first big con, is, it's seasonal, right? You see a lot of people doing bounce houses in the winter, you know, in a snowy place at least really, you know, now in California, it can be different depending on where you are, but people don't want to bounce in the rain you know, or maybe that could be your niche you know, bounce in the rain but doesn't sound very fun honestly. The other downsides are liability. Right? You have to deal with problems in our legal culture, you know, somebody gets hurt, you know, even if you have a contract maybe they're gonna try to do something stupid, you know, and be like, Hi, you know, it's your fault your bounce house or you know, the other issue is it is not passive. You know, it takes you know, there is there is some physical, physically demanding elements of starting a bounce house business, you're gonna have to maybe repair something stitch some you know, thing up or you're gonna have to, you know, blow it up, tear it down.
Now, in order to get business, you know, you have to talk to people you know, I know a lot of friends who are, you know, introverts and salespeople. But you know, you have to talk to people you have to get people doing stuff and I don't know some folks are just freaked out, you know, some of these kids These days, he's spent so much time on social media, they're like, like scared to have like any sort of, like literally do anything, they just like freeze up, if they have to ask for something, or impose themselves on the world, because so many folks are so addicted to social media, they're just becoming passive. You know, they believe in depopulation they believe in, you know, like, not having kids themselves, they, they, you know, they almost believe in their own death, because they don't want to impose themselves on the world in any way. And I understand some folks are like that in my audience. And, you know, that's why you want to start an internet business, you know, you know, if you guys don't know, I run an internet business, we do about 500,000 a month, we did over 5 million last year.
Q: What are the pros and cons of starting a bounce house business?
A: The pros include relatively low startup costs and potential for profitability. The cons include seasonality, liability concerns, and physical demands.
Q: What is the step-by-step guide to starting a bounce house business?
A: The steps include choosing a niche, acquiring a bounce house, considering legal aspects, and implementing marketing strategies.
Q: How should one choose a niche for a bounce house business?
A: Factors to consider when choosing a niche include themes like pirate, superhero, princess, obstacle course, and target market preferences for different events.
Q: What legal considerations are important when acquiring a bounce house for the business?
A: Legal considerations include having a contract that outlines liability protection in case of accidents or injuries during bounce house rentals.
Q: What marketing strategies can be employed for a bounce house business?
A: Marketing strategies may involve networking, online promotions, collaborations with event planners, and ensuring legal compliance with contracts for customer protection.
Q: What is the potential for success in a bounce house business?
A: Success in a bounce house business depends on factors like effective communication, engaging with potential customers, and adapting to market trends and demands.