Nikonomics - The Economics of Small Business cover image

108 - Sky Lanterns and Music Festivals: Building a $10M Empire, with Spencer Humiston

Nikonomics - The Economics of Small Business

CHAPTER

Navigating the Sky Lantern Business

This chapter explores the complexities of running a sky lantern business, focusing on legal and logistical challenges, including fire safety regulations and liability insurance. It emphasizes the importance of a cohesive customer experience, from initial interactions to post-event cleanup, and highlights the significance of efficient crew management during events. Additionally, it discusses financial aspects, ticket pricing strategies, and the impact of weather uncertainties on event planning.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner