Josh Pather has made millions renting photo booths & now he teaches 1000’s of people how to start a photo booth rental business at his company Photo Booth International.
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Guest Resources
Photo Booth International – Helping Entrepreneurs Start A Business With Cutting Edge Photo Booths & World Class Customer Service!
PBI Forever Website – A FREE webinar on How To Make To $800+ An Event With A Photo Booth Business!
PBI on Instagram – Connect with Photo Booth International on Instagram!
3 Value Bombs
1) Be prepared to take action right away when an opportunity comes.
2) Photo booth rental is around $200-$500 per hour, depending on the city you are servicing.
3) There are still opportunities even if you are happy with what you are doing. Consider doing a side hustle.
Sponsors
HubSpot: A platform that’s easy for your entire team to use! Learn how HubSpot can make it easier for your business to grow better at Hubspot.com!
Closers.io: A world-leading sales training and certification company. For more info on their sales certification visit Closers.io/eof!
Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: How to Start A Photo Booth Rental Business with Josh Pather
[1:03] – Josh shares something he believes about becoming successful that most people disagree with.
- He believes that you have to do things fast. Be prepared to take action right away when an opportunity comes.
[2:43] – How did you have the idea to get involved in photo booth rentals?
- Josh was working a corporate job while doing a side hustle as a wedding DJ.
- He noticed that there was an ample opportunity for people to rent photo booths. He thought about how he could make more money by working less at the same event.
- He started his first photo booth in June 2012 and went full-time in July 2013.
[5:18] – How much can one make with a photo booth rental business?
- Photo booth rental is around $200-$500 per hour, depending on the city you are servicing.
- You can get about a 40% profit margin.
- It is profitable if you do the initial work and hire a team to run the photo booth.
[6:44] – What is involved in having a photo booth rental business?
- You can start from scratch or save time by purchasing a package with a proven system.
- Set up social media for your photo booth.
- Reach out to venues, photographers, and DJs for business referrals.
- Have a contract with your client.
- Set up your photo booth 1-hour before the start of the event.
- You can do it part-time during the weekend.
[8:56] – A timeout to thank our sponsors!
- Closers.io: A world-leading sales training and certification company. For more info on their sales certification visit Closers.io/eof!
- HubSpot: A platform that’s easy for your entire team to use! Learn how HubSpot can make it easier for your business to grow better at Hubspot.com!
[11:27] – How much does a photo booth cost?
- All-in-one entry-level package costs anywhere from $5,000 – $12,000
[13:04] – How do you grow and scale?
- In 2015 they did about 850 events with 25 staff and 15 photo booths.
- Getting hired by trade shows and corporate events is a great way to scale and grow your business.
- Provide tailor-fit service to your clients.
[15:06] – Why would Fire Nation want to buy a photo booth from you?
- Josh can provide packages with a proven system based on his years of experience.
- You will get an all-in-one package and after-sales support.
- You can connect with a supportive community.
- The photo booth business is demand-based, and there is a massive opportunity.
[16:49] – Josh’s parting piece of guidance.
- There are still opportunities available even if you are happy with what you are doing.
- Photo Booth International – Helping Entrepreneurs Start A Business With Cutting Edge Photo Booths & World Class Customer Service!
- PBI Forever Website – A FREE webinar on How To Make To $800+ An Event With A Photo Booth Business!
- PBI on Instagram – Connect with Photo Booth International on Instagram!
[19:46] – Thank you to our sponsor!
- HubSpot: A platform that’s easy for your entire team to use! Learn how HubSpot can make it easier for your business to grow better at Hubspot.com!
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
2) Free Podcast Course: Learn from JLD how to create and launch your podcast!
3) Podcasters’ Paradise: The #1 podcasting community in the world!
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