Starting a Peerspace? 10 Tips You MUST Know (2023)

Рет қаралды 8,668

Күн бұрын

Want to learn how to open a film + photo rental studio?
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Back at y'all with some free game about the Peerspace film/photo studio rental business! I've learned sooo much by opening two studios of my own, and am so excited to finally share that knowledge and support you in your journey. Please study this video, think about how you can implement it into your business, and leave a comment if you have ANY questions! Always happy to help.
0:00 - Intro
0:23 - Don’t settle.. match the criteria
0:44 - Keep it FRESH!
1:15 - Clarify your vision
2:00 - MAXIMIZE your asset.. provide more VALUE
2:42 - Relationships
3:05 - Build, curate, repost.. don’t rely
3:50 - Rules and fees
4:10 - Check in process, build your email list
4:30 - Design your experience, get those reviews
4:58 - No shady landlords.. I learned a BIG lesson
6:07 - One year or multi-year lease?
6:56 - Start small..
7:27 - If I were to do it over again, I would ___
7:45 - Recap

Пікірлер: 45

@shauncobbs6155 2 ай бұрын

Very helpful. What to you feel keeps your spaced booked out the most FILM OR PHOTOGRAPHY

@sheisfab__5474 Жыл бұрын

Wow! This was so helpful. I've been searching for a video like yours for two months. I cannot thank you enough for this information.

@CoriLuvTV 8 ай бұрын

I’m totally stoked about all these tips. Thanks for sharing these videos.💪🏽

@BrandonEsparza Жыл бұрын

The Photo Studio Rental Biz Blueprint is NOW LIVE: thestudioblueprint.com/ Learn how to find, design, and make money with a film + photo rental studio. 45+ topics that cover everything you need to know to get started + a one-on-one Zoom call with myself. Check it out!

@Stonekrypt Жыл бұрын

Dude, thanks so much for this video. I'm just starting out in the South LA area as well and you gave all the alpha needed to prepare. Much appreciated Brandon.

@Misdameanor. 22 күн бұрын

These seem like great tips. Looking into owning one soon. We don’t have a lot in my area. I want to make it cool with different scenes.

@BrandonEsparza 22 күн бұрын

Niceee! What area are you in?

@Themindofwes 6 ай бұрын

Appreciate this bro I needed this foreal 🙏🏽 planning on opening up a production studio of my own based in nyc soon and now I feel more confident

@jeanettetran97 5 ай бұрын

Great info. The market is not as saturated here in Orange County… but real estate is comparable so prices you mentioned are very similar

@rachelyesi_ Жыл бұрын

Thanks for the great info 🙌🏼

@wondervisionfilms 9 ай бұрын

This is GREAT value

@LoveMEx1e 9 ай бұрын

Very helpful for entrepreneurs!

@ibonmedia6977 Жыл бұрын

so much value in this video 🔥 thanks homie

@BrandonEsparza Жыл бұрын

Got you! So glad you found this helpful

@ourtreatsdesigns8527 10 ай бұрын

Thank you!!!

@rosemaryearl9124 9 ай бұрын

putting me on game.... tysm KING!!!

@xvrluciano2277 Жыл бұрын

He's done it again. Thank you bro!

@BrandonEsparza Жыл бұрын

Always man! Thank you for watching

@Rhyise10 Жыл бұрын

I’m in the beginning of my journey. This is great information!

@BrandonEsparza Жыл бұрын

You got this! Thank you for watching!

@tyrobinson8457 Жыл бұрын

Dope information bro!! Opening a theme space this summer in LA. I still have a lot of questions lol

@BrandonEsparza Жыл бұрын

Let’s get it man!

@tayoakinmulero Жыл бұрын

Urgh, all these free gems!!!! Thank you . So sorry about your first listing and the price hike. That’s daylight robbery . I currently have a space but I’ll def take that into consideration when I open my next. My current space is 800sf and I dream of a 2,500sf. As much as that’s a good thing I forget that the rent may be crazy so it can be more profitable to have numerous small spaces than one huge gigantic space . Have you considered using your big space for events? Oh the Jotform!!! I’ve always wanted a way to get emails to market off the peerspace platform. Your suggestion is brilliant. Can’t wait for more videos . When you say your first space made up to $5k monthly that’s amazing. Will you say it’s majorly due to Peerspace marketing or you’re marketing outside the platform? How many % are returning customers? Is it always very very important to have someone to welcome your guests? I try but I’m 20 mins away from my space, so driving to go welcome someone for a one hour booking feels stressful sometimes

@BrandonEsparza Жыл бұрын

Hey Tayo, so glad you found this video helpful! Yeah if I were to do it again, I'd take the money I invested into my 3000 sq ft studio and invest it into 2-3 smaller studios. OR - I'd build walls and break it down into 4 smaller studios - which I'm actually looking into doing now! That way I can have 4 studios / streams of income running simultaneously. Most of the monthly revenue comes straight from Peerspace! & most returning customers come from Instagram. Peerspace is how they discover us, and Instagram is how they stay in touch. We don't have too many returning customers, since they usually get what they need to on that first day. But there's probably been 10-12 people who have ended up booking twice. I'd highly recommend someone being there to welcome the guests! & maybe making it a two hour minimum might be a good idea for your studio so it makes it worth it.

@Dariannetolbert Жыл бұрын

This was very helpful! Can you share your jotform rules waiver? I open my studio soon and I've been looking for a template to follow.

@BrandonEsparza Жыл бұрын

Here it is! form.jotform.com/212546695644162

@andreabaltodano7221 Жыл бұрын

For the JotForm / Check in process. Where do you have the QR code when you get to the studio? Also, are they able to check in beforehand or do they have to wait until you arrive to the studio?

@BrandonEsparza Жыл бұрын

I designed a 11x17 flyer that says "Welcome to The Time Machine" "All guests must scan the QR code to check in" and put it in a sign holder / poster stand to see when they walk in! & usually just when they arrive

@kellykade 8 ай бұрын

How can you ever make sure that your landlord will not raise the rate in the next year? Do you guys normally come to an agreement depending on how long the lease is?

@BrandonEsparza 8 ай бұрын

You can talk with them and have an option to renew the lease at a certain rate put into the contract. If it's a multi-year term, then how much it increases each year should be written in the agreement! Ex, mine increased $150/mo every year of my 3 year term

@hegemomusick9888 Жыл бұрын

Is there a way that I can get in contact with you I have my space and I have a few question for you

@samueluzzan6477 Жыл бұрын

Hey Brandon. I am trying to do some math to get some estimates. Having a hard time finding avg hrs rented + avg number of days rented. Would you happen to have a good way to find this data! Thanks!

@BrandonEsparza Жыл бұрын

Hey Samuel! What I did in the beginning was find studios in my area and look at their Peerspace calendar to see how many hours were blocked out. I just went through each day on their calendar and added up how many bookings they had to find the average # of hours rented. Lmk if that helps

@nickkowalski_ Жыл бұрын

Too good. You're next up

@BrandonEsparza Жыл бұрын

The legend himself!

@BrandonEsparza Жыл бұрын

ANNOUNCEMENT! Join my free Discord community for aspiring/current Peerspace rental studio owners looking to network and grow: discord.gg/Jq7KqEag

@according2leah Жыл бұрын

It’s been 5 months since I opened my small unit on Peerspace. Not one rental yet. How did you secure your 1st client?

@BrandonEsparza Жыл бұрын

Hey Leah! It happened pretty organically. Just made sure I had an enticing title and photos. Would you mind sending me the link to your listing through Instagram? Maybe I can give you some more detailed advice! @brandonesparza

@according2leah Жыл бұрын

@@BrandonEsparza Yes, thanks! I will send it today.