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Making the next step in the PA biz... Let's hear your thoughts
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<blockquote data-quote="Evan Kirkendall" data-source="post: 73822" data-attributes="member: 5"><p>Re: Making the next step in the PA biz... Let's hear your thoughts</p><p></p><p>Tim/Ivan-</p><p>I told myself in 2009 that I was getting out of the provider business, and was just going to focus on the touring side of things... That lasted about 8 months before I started getting calls again. I bought a small little SOS powered rig and made some cash that way. Got more calls, bought more gear, and the cycle has just continued... I tried to get out of it, and I just got sucked in deeper. :lol: </p><p></p><p>I do have a LOT of dry rentals. My SRM450's make me more consistent money than anything else I own. But, they're getting worn out and will need to be replaced soon. But, that's a small expense that will be covered very quickly. The rigs I send out most currently are basic bar band systems. 1-2 18's a side, and a self powered main over it. Works 2-3 times a week and makes good money. The "big" rig comes out about once a month, but it's paid for itself after 1 gig. The "bigger" gigs are starting to pop up about 6-7 times a year, and I'm trying to improve on that still. </p><p></p><p>I've got 1 basically full time guy, and 2 other freelance dudes that work for me. They are all close friends, and I trust them to take care of things while I'm gone on tour. Running a business from the road isn't as bad as it seems. I do it currently. The bigger gigs take more time, but I manage. The only annoying part is when I'm in the UK getting calls at 4am, lol. </p><p></p><p>Tim, That business plan has been a work in progress since 2005. Every time I think I've got it figured out, a new curveball is thrown my way, and I end up needing to rethink things(hence why I'm here currently). The cash in-flow is more or less to a point where I could outright buy 8-12 boxes of used PA within 6-8 months. Everyone brings up good points though... Is it worth it to own a big PA? I still can't make that decision. I've got a great relationship with a larger PA company, and a larger lighting company all within hours of me, which works out well, but the largest rig they have is a 12 box small format line array. I could become the guy that has the big boy rig and sub it out to them when needed. Oh the decisions... </p><p></p><p>So, where do I go next?</p><p></p><p></p><p></p><p>Evan</p></blockquote><p></p>
[QUOTE="Evan Kirkendall, post: 73822, member: 5"] Re: Making the next step in the PA biz... Let's hear your thoughts Tim/Ivan- I told myself in 2009 that I was getting out of the provider business, and was just going to focus on the touring side of things... That lasted about 8 months before I started getting calls again. I bought a small little SOS powered rig and made some cash that way. Got more calls, bought more gear, and the cycle has just continued... I tried to get out of it, and I just got sucked in deeper. :lol: I do have a LOT of dry rentals. My SRM450's make me more consistent money than anything else I own. But, they're getting worn out and will need to be replaced soon. But, that's a small expense that will be covered very quickly. The rigs I send out most currently are basic bar band systems. 1-2 18's a side, and a self powered main over it. Works 2-3 times a week and makes good money. The "big" rig comes out about once a month, but it's paid for itself after 1 gig. The "bigger" gigs are starting to pop up about 6-7 times a year, and I'm trying to improve on that still. I've got 1 basically full time guy, and 2 other freelance dudes that work for me. They are all close friends, and I trust them to take care of things while I'm gone on tour. Running a business from the road isn't as bad as it seems. I do it currently. The bigger gigs take more time, but I manage. The only annoying part is when I'm in the UK getting calls at 4am, lol. Tim, That business plan has been a work in progress since 2005. Every time I think I've got it figured out, a new curveball is thrown my way, and I end up needing to rethink things(hence why I'm here currently). The cash in-flow is more or less to a point where I could outright buy 8-12 boxes of used PA within 6-8 months. Everyone brings up good points though... Is it worth it to own a big PA? I still can't make that decision. I've got a great relationship with a larger PA company, and a larger lighting company all within hours of me, which works out well, but the largest rig they have is a 12 box small format line array. I could become the guy that has the big boy rig and sub it out to them when needed. Oh the decisions... So, where do I go next? Evan [/QUOTE]
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