DSLR Pros Returns Under New Ownership – DSLRPros Official Blog

How does a company sky rocket from zero to $10 million in annual revenue within a span of a few years, and then fall back to zero in a few months? This is the story of what happened to DSLRPros.com and why an entrepreneur decided to take the risk to save the brand and give out several hundred thousand dollars of his own money in refunds against his advisors? recommendations. Below, Mike Zaya, shares the story of why he acquired DSLRPros.com through an Asset Purchase Agreement and how he and his team are navigating the path to recovery.

DSLR Pros is an amazing brand with even more amazing customers. The company’s founder is a passionate and gifted engineer who knew exactly how to develop the drone products people wanted. At the time of the company?s founding a few years ago there was a huge gap in the drone market between what was available and what customers wanted. DSLR Pros was able to fill that gap and we can say without a shred of doubt that they understood what the market wanted out of drones. Initially, the company grew aggressively by developing original, custom kits to modify existing drones. With these kits, customers were able to use their drones for filming, photography, search and rescue and a lot more. DSLR Pros was paving the way for the products and features we see today. For example, the Nighthawk Kit defined what the industry could expect from a thermal capable drone and the Cannes HD Cinema Edition P2 Aerial Kit gave people the tools they needed to capture breathtaking aerial footage. Many of the features found in today?s DJI Phantom 3 were already being developed by DSLR Pros on their Phantom 2 kits. This innovative thinking and customer insight is what drew me to the company as a potential investor and entrepreneur.

So, what happened? How did a visionary company with explosive growth suddenly fall from grace? Well, it isn?t a simple answer. It was really a combination of things.

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