Phoenix Business – Opportunities are everywhere!

A few weeks ago, we saw on the news how many businesses were getting very creative in this day and age, especially in Phoenix. Phoenix is a unique market because of the seasonality… business is slow during the summer, and booming in the winter. How do business owners cope with the lack of business during the extreme heat? They get creative and flex their entrepreneurial muscles with ideas that not many other would think of. As an example, we found a business that rents inflatable bounce houses during the winter, but during the summer no one wants to celebrate their birthdays outside in the blistering heat with a bounce house, so this company bought an A/C repair business so they can keep making money during the summer. What other types of businesses can you start that will do well during the summer? Lets take a closer look into how business owners are surviving the heat when their businesses are slow.

We recently spoke to a man that owns several businesses here in Phoenix that are extremely slow during the summer so we asked him what he does to survive. The answer was quite interesting.

“I hire someone who knows the skills needed to do the jobs when it’s slow, than I forward my business phone number to him. He gives me a percentage of every deal he closes. And for me? I head out to California, inland a little bit from the beach where housing is more affordable, and I run the same business out there. I own a towing company and a lot of people head out of town for the summer in Phoenix so business is always slow. In California the weather is still really nice during the summer so I can tow trucks all day long and keep a steady income stream coming in. I head back to Phoenix when the weather starts getting cooler, than I forward my phone in California to another tow truck driver who takes the calls and gives me a percentage of the deals. It doesn’t matter whether I’m in Phoenix or California, I’ve set myself up for success and am always getting calls for my services in each state. If I’m not around, someone else takes the calls. It works out pretty well.” -Poly, owner of a Phoenix towing service.

We thought this was an incredibly creative way to keep business flowing no matter what time of year it is. We’ve heard of business owners owning multiple businesses so that when the seasons change they keep making money, but we’ve never heard of someone floating back and forth between two different states. It’s creative ideas like this that separate the successful business owners from the broke business owners. Times can get tough, especially during the summer when the harsh conditions inspire people to get out of town for weeks and even months at a time.

Phoenix Sports Community

Phoenix is home to an awesome sports following. Fans have here have been loyal to their teams for many years despite a lack of results which shows commitment and perseverance within their fan base. Even though the Diamondbacks were once a force to be reckoned with, their team has fallen victim to bad ownership and even worse coaching throughout the past 10 years. The Phoenix Coyotes have also suffered from poor management and haven’t had a solid team for over 20 years! Since the Arizona Cardinals are located in Glendale, and this blog is dedicated to Phoenix, we won’t go into depth on their wins and failures over the years. We’re going to stay focused on the NHL and MLB and how the fans have dealt with some major wins and some major losses over the year.

The Arizona Diamondbacks have one of the best stadiums in all of Major League Baseball. Chase Bank bought the rights to the ball park several years ago and wanted their name to be paired with a stadium that exemplified nice features. This is pretty obvious to notice once you walk into the stadium because one of the first things you’ll notice is the retractable roof. This roof was installed because of the weather in Arizona and the harsh playing conditions that it can force the players to be a part of and also create a bad experience for the fans. A baseball game takes long enough as it is and the owners didn’t want the fans to suffer when the heat reaches temperatures of 100 plus degrees. They made the decision to invest hundreds of millions of dollars into the retractable roof so the players and fans can be in the shade during day games and enjoy the nice Arizona summer evenings during night games. We all think this was one of the best decisions that could have been made regarding their new stadium and this decision should continue to bring in large crowds for years to come. According to ESPN, the Diamondbacks have some tricks up their sleeves that they will implement by the trading deadline this year so we can’t wait to see what happens.

The Phoenix Coyotes play in a stadium that is pretty average. There is nothing “state of the art” about this facility at all and you can tell by the extremely average crowd the team draws for home games. With that being said, the players are fighting hard every year to bring the Stanley Cup back to Phoenix but haven’t had any success over the last several years. It seems now a days the reason to go to a Coyotes game is merely for the experience of getting out of the house and doing something different. The Coyotes have ticket prices that range anywhere from around forty dollars per ticket, all the way up to several hundred dollars per ticket. The problem seems pretty obvious here. You can go enjoy a baseball game for about twenty dollars and have an awesome experience or you could spend double that amount and watch the Coyotes struggle in their “not so awesome” stadium. While West Gate is right around the corner from the stadium and offers some pretty good restaurants and bars, this isn’t nearly a good enough excuse to drive all the way to Glendale to catch a game if you don’t live around the area.

Even though Phoenix sports fans haven’t had much to cheer about lately, the following here doesn’t seem to be lacking. Phoenix fans know that if they stick around long enough, cheer loud enough, and voice their opinions often enough, it’s only a matter of time before their home teams are in the playoffs. Between the Suns, Diamondbacks, and Coyotes, there are hundreds of millions of dollars invested in these teams and their venues so the owners can’t let things get out of control or they risk their investments in the teams. As a Phoenix native, I will continue to go to these sporting events and am excited to see what kind of strategies these teams implement over the coming years.