Giant Flag Rental Empire

A niche business that manufactures and rents massive American flags for major sporting events and celebrations, pioneered by a woman in Utah who solved key technical challenges in the industry.

Key Points:

  • Product Innovation:

    • Flags are made in 15 different pieces that latch together
    • Design allows airflow to prevent wind-sail effect
    • Invisible seams when viewed from a distance
    • Can cover entire football field
  • Business Model:

    • Rental fee: $7,000-$77,000 per event
    • Services 130-150 events annually
    • Generates approximately $1M in annual revenue
    • Operates with just two people:
      • Owner/operator
      • One employee who hand-sews flags from his basement
  • Market Position:

    • Started by buying flags for $40k and renting them out
    • Evolved to manufacturing own flags to solve quality issues
    • Competes with few other companies (SuperFlag and one other)
    • Serves major sporting events including NFL games
  • Competitive Advantage:

    • Solved technical problems that plagued traditional giant flags
    • Modular design makes transport and handling easier
    • Established reputation in niche market
    • Low overhead with minimal staff
22:01 - 24:10
Full video: 53:49
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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