ADU 01121: How Do I Determine the Commercial Viability of a New Drone Business? - a podcast by Drone U

Today's show is about starting a new drone business. How can you conduct a thorough market validation exercise, and discover if it is worth investing in new business?



Our caller for today, Jose is an army man on the verge of retirement. Jose is keen to start a UAV business once he commences his civilian life. Considering his background and all the critical skills that he has picked up over the years, what industry verticals should he target? How can he research the market and discover industry verticals that are a good fit for him?Topics discussed on this show include creative fields vs. technical fields, the importance of following your passion, developing an aptitude of continuous learning, and much, much more…



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[03:50]Today's question is about starting a new drone business
[06:25]How can you find reliable market research resources when starting a new drone business?
[08:00]Is it better to get into a creative or technical field?
[10:12]Importance of following your passion
[12:25]Are you taking into consideration all possible business risks?
[13:40]Some common mistakes that drone pilots make when they venture into drone mapping and modeling
[15:18]Do you have an aptitude for continuous learning?
[17:24]How being a part of a like-minded and progressive community can help you
[20:06]Which have been some of the most popular drone applications during COVID?



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