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Old 09-04-2010, 08:34 PM   #21
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Great job Fed. And this was in spite of a very poor economy.
Perhaps the growth of thefed's business is a leading indicator the economy will soon bounce back...
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Old 09-05-2010, 01:27 AM   #22
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Perhaps the growth of thefed's business is a leading indicator the economy will soon bounce back...
... and hopefully doesn't hyperinflate?
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Old 09-05-2010, 08:53 AM   #23
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Could this be a leading indicator?
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Old 09-05-2010, 10:58 AM   #24
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Perhaps the growth of thefed's business is a leading indicator the economy will soon bounce back...
I hate to let the air out of your ballon, but I think it is because of the economy. People will still spend on kids and pets.
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Old 09-05-2010, 11:14 AM   #25
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I dont think people ever cut their kids totally out of the equation...especially young kids like we cater to. And so far the referrals are really flowing in!


KB- Yes I do still have the other stuff going ...air ducts are VERY slow...lawn care is booming as we picked up a 60k contract maintaining some of the foreclosures. And of course the rental properties....just got another under contract yesterday- pics to follow!
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Old 09-05-2010, 11:22 AM   #26
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congrats nice job.
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Old 09-06-2010, 08:50 AM   #27
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Just wondering how you handled the insurance cost due to the injuries reported with these devices?

My DW w*rks with a guy who was interested in the same business, but backed out due to the cost of insurance.
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Old 09-06-2010, 09:18 AM   #28
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Just wondering how you handled the insurance cost due to the injuries reported with these devices?

My DW w*rks with a guy who was interested in the same business, but backed out due to the cost of insurance.
Well, I pay it!

The insurance costs pales in comparison to our revenues...but going in it seems intimidating. Also, a lot of companies out there send their apps to the same underwriters....there's only a handful of companies writing these policies. If the info varies even a little from app to app and it makes it to the same underwriter...they'll often jack the 'correct' rate up 500% or more.

Safety is our #1 concern and we dont mess around. Parents/kids not obeying are not tolerated. We will drop a unit right in the middle of an event if it is being mis-used or is left unsupervised and we find out.
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Old 09-06-2010, 11:04 AM   #29
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Nice one Fed!
If I may ask, how much profit for the season after expenses?

Do you have to do much of the back breaking work yourself?

This sounds like a it may be a good business for my wife here in Panama. Folks are having allot of kids here in the developing world....and they love kids and parties. They also don't have the crazy tort laws like they do in the states.

Best of Luck,
Surf
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Old 09-06-2010, 08:42 PM   #30
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Very Cool. Thanks for the update and Congrats!
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Old 09-06-2010, 10:50 PM   #31
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Nice one Fed!
If I may ask, how much profit for the season after expenses?

Do you have to do much of the back breaking work yourself?

This sounds like a it may be a good business for my wife here in Panama. Folks are having allot of kids here in the developing world....and they love kids and parties. They also don't have the crazy tort laws like they do in the states.

Best of Luck,
Surf

We added a truck and a bunch of new stuff this year, but as a guess I'd say 65k was profit. I do a lot of the work myself and have 2 part time workers plus my wife. My wife and I put in a combined 500-600 hours.
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Old 02-16-2011, 09:40 PM   #32
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well, the new season is upon us and we are ROLLIN along. Invested over 250k this year...go big or go home...right? New location...2 total now. Tripled inflatable inventory. Added two innovative products that we developed and built which WILL revolutionize the party industry in NE Ohio. One of them is the ONLY item of it's kind in the entire USA.

We are taking over...all the competition must be crapping their pants. We've made the news, got a free $30k booth at the Home Show to showcase our new products, the websites are on fire, and there's still snow on the ground. Getting 10+ calls/day right now, booking a few each day...and putting out lots of $1k+ quotes for events. Looking good so far...

Watch out FIRE!!!
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Old 02-16-2011, 10:21 PM   #33
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well, the new season is upon us and we are ROLLIN along. Invested over 250k this year...go big or go home...right? New location...2 total now. Tripled inflatable inventory. Added two innovative products that we developed and built which WILL revolutionize the party industry in NE Ohio. One of them is the ONLY item of it's kind in the entire USA.

We are taking over...all the competition must be crapping their pants. We've made the news, got a free $30k booth at the Home Show to showcase our new products, the websites are on fire, and there's still snow on the ground. Getting 10+ calls/day right now, booking a few each day...and putting out lots of $1k+ quotes for events. Looking good so far...

Watch out FIRE!!!
Wow, that all sounds great!

If you want to run with the big dogs you gotta get off the porch. Well you are off the porch and leading the big dogs.
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Old 02-17-2011, 06:46 AM   #34
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I 'd like to see the website with the new product.
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Old 02-18-2011, 11:44 AM   #35
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I 'd like to see the website with the new product.
pm sent, to keep the mods off my back!
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Old 02-18-2011, 11:47 AM   #36
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I dont think people ever cut their kids totally out of the equation...especially young kids like we cater to. And so far the referrals are really flowing in!


KB- Yes I do still have the other stuff going ...air ducts are VERY slow...lawn care is booming as we picked up a 60k contract maintaining some of the foreclosures. And of course the rental properties....just got another under contract yesterday- pics to follow!
Make sure you take time to spend time with your family, don't let success make you neglect them..........
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This Thread is USELESS without pics.........:)
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Old 02-18-2011, 12:55 PM   #37
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TheFed, I don't know about the other mods, but I don't think we'd mind seeing your website posted here if you don't mind sharing it. The link posting restrictions are mostly aimed at new "sign up and spam" type posters rather than such longtime contributors such as yourself.

And congrats on a wonderful business. I love hearing of your successes!
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Old 02-18-2011, 01:00 PM   #38
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Sarah, you should only permit 'bounce house rental' links if the poster gives 35% off to all ER.org members. The coupon code could be "Bacon"...
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Old 02-18-2011, 01:22 PM   #39
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Look, REW, I think we know all about my fondness for children. The only way I'm hiring a bounce house if I can take it with me to the hippie music festival and post a sign for no kids allowed!
But I like the way you are thinking...
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Old 02-18-2011, 01:27 PM   #40
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I would think that it would be OK to post since we are asking. The CRs say

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However, participants may mention affiliation with a commercial entity (occasionally) in the body of a post but may not discuss products or services unless answering a direct question. Participants may also in response to an direct inquiry provide a link to a website in which the participant has a commercial interest
especially if a coupon is involved.
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