Something in the world of floating have you stumped?
Show Highlights
Graham and Ashkahn finish up their penultimate episode by answering the most important question of all, “how to start a salt tank business?”
They answer this question with the thoroughness and severity it deserves.
Show Resources
An Important Announcement from the Daily Solutions Podcast
If you’d like to sign up to ask a question on our two-hour call-in show, November 29th that’s in two days!) at 3 pm PST, go to floattanksolutions.com/dsplive.
Listen to Just the Audio
Transcription of this episode… (in case you prefer reading)
Ashkahn: Okay.
Graham: Wow. We made it.
Ashkahn: This is it.
Graham: We all made it.
Ashkahn: Just barely, some of us.
Graham: Just barely, yeah. What a year, huh?
Ashkahn: Yeah.
Graham: For those of you who’ve just been listening to us every day and started to think in our voices, thanks. We’re here for you.
Ashkahn: Yeah.
Graham: Our voices will stick around in your thoughts for years to come.
Ashkahn: If this is the first episode you’re listening to-
Graham: Then you can listen to the entire thing in reverse, which might be kinda fun. The intros will get progressively worse over time.
Ashkahn: I don’t know why that’s what your plan would be, but I guess my name’s Ashkahn if you’re just tuning in.
Graham: I’m Graham and this is the 365th day in a row that we’ve been doing this.
Ashkahn: Yeah. We’ve been in this little room for a year now and sliding food under the door.
Graham: I wonder how things have changed in the outside world.
Ashkahn: You guys have flying cars yet?
Graham: You probably have flying cars.
Ashkahn: At this point, they must.
Graham: Yeah. The only other thing we’re doing past this one is a big two-hour live call-in extravaganza.
Ashkahn: Yeah, got a finale coming up.
Graham: Honestly, come join us for it. If you’ve been enjoying this podcast, fulfill our wish and join us to ask us live questions and treat us like a radio call-in show.
Ashkahn: It’s secretly what we’ve wanted this whole time.
Graham: Not so secretly. I think we’ve said it on the air many times.
Ashkahn: It was just really complicated, so we’re going to do it. We’re going to do it for a big finale.
Graham: It’s true. It is taking a lot of tech work to actually figure out how to do a live call-in show that makes sense.
Ashkahn: If you tune in and no one’s able to call in, we’ve failed.
Graham: Yeah, sorry.
Ashkahn: Sorry about that.
Graham: Tune in for the disaster. It’ll be in two days, so … well, not two days from when you’re listening maybe, but-
Ashkahn: Hopefully, yeah. Possibly.
Graham: It’s coming up.
Ashkahn: There’s at least a chance.
Graham: If today’s the 27th, it’s in freaking two days.
Ashkahn: Yeah, two days from now.
Graham: 29th, three to five PM.
Ashkahn: Pacific Time. It’s going to live. There’s going to be video footage of it.
Graham: We’ll be streaming it on Facebook Live. We might be streaming it on YouTube Live, but yeah. We’ll have links on our website, you can go catch it. Pretty much anywhere you follow us, tune in and we’ll have an easy way to join the live call-in show.
Ashkahn: Yeah.
Graham: That’s it.
Ashkahn: Got one final question.
Graham: One final question. We’ve saved the best for last, I think. This just came in I think two days ago, it’s kind of a doozy. It is “how to open a salt tank business?” Question mark. Yeah, good question. You’re asking on the right show, that’s for sure. We usually call them float tanks.
Ashkahn: That’s probably the first, number one, I’d say.
Graham: Salt tanks is more something that we used to call them back in the ’80s. Salt tank therapy. Yeah, man, it’s crazy.
Ashkahn: There’s a lot to know, almost 364, 365 individual nuggets of information to know out there about how to open a salt tank business.
Graham: If only there was some podcast that had just finished up a year’s worth of daily recordings that you could tune into.
Ashkahn: That would be cool. That’d probably be a great answer to your question.
Graham: If you know anyone out there who’s doing that, maybe subscribe on iTunes or go watch YouTube videos. Mainly, just get some float tanks and slap them in your room. You’ll be fine.
Ashkahn: There’s not really a lot to know.
Graham: Yeah, when you get down to it, it’s pretty basic.
Ashkahn: You can go in any space, really. There are very few requirements. They pretty much take care of themselves.
Graham: You can run the entire thing by yourself. I’d say max nine tanks should be fine. Plenty of family time on top of it.
Ashkahn: Customers, they just come. If you build it, they will come. It’s easy.
Graham: It’s one of those Field of Dreams kind of industries out there.
Ashkahn: It’s just easy money. You should really be interested in opening a business if you’re looking for easy money and you don’t really care that much about floating or whatever these salt boxes are.
Graham: If you like money, probably above most other things in life, boy you’ve found the right industry. The salt tank industry is really lucrative.
Ashkahn: You’re going to deal with some annoying customers and put up with that, but …
Graham: Yeah, kind of annoying industry podcast hosts to listen to. Yeah, good luck. That was a good question. Yeah, so I think that pretty much closes out that one. I did want to spend some extra time on the episode, though, just saying how grateful we are for the chance to be able to do and grateful to work in an industry that supports us and gives us the time to share the information that we’ve learned with everyone. Thanks for tuning in. It honestly means a lot and we would’ve stopped a lot sooner if we didn’t have an audience out there.
Ashkahn: Yeah, it’s been super cool. It’s been nice to hear from you guys and hear the people are listening and enjoying it. Thanks for sending in questions. It’s been fun to get all these questions coming in.
Graham: Thanks for letting us mock them and not getting angry at us, or if you’re angry, keeping it secret and not telling us.
Ashkahn: Sorry if we’ve made any enemies in this process.
Graham: Hopefully we’ve made more friends. Yeah, and you’re amongst them so next birthday party, you’re all invited.
Ashkahn: Just everyone, right? Just wrap your arms around yourself right now. Everybody out there. We’re going to have a collective group hug.
Graham: I’m doing it right now in the studio.
Ashkahn: We’re doing it together. Just picture all of us hugging each other.
Graham: Giant float hug.
Ashkahn: Yeah, nice.
Graham: This is a phenomenal industry and I’m really happy to be here and yeah, again from the depths of whatever sort of heart that I have, thank you all.
Ashkahn: Yeah, it’s been cool. It’s been fun to go on this float tank journey and for this guy wondering about these salt boxes, I mean, good luck. I don’t know what you’re going to do, to be honest.
Graham: Just a little more research. Just a little more research.
Ashkahn: Probably, yeah. You might need to look into it a tiny bit more.
Graham: All of you aspiring float tank center owners out there too. Good luck. We’re still around. Float tank solutions isn’t going anywhere. Send us your questions when you get lost and need a guiding light out there in the deep seas of flotation. We’re there.
Ashkahn: Alright. I’ll be your wingman. We love you guys.
Graham: We do. Yeah, we love you. Yeah, hopefully, see you in just a couple days. November 29th.
Ashkahn: That’s right. That’s right. Three to five.
Graham: That nailed it is. It is the 29th. Pacific Time. November 29th, three to five PM. See you all there.
Ashkahn: This is Ashkahn signing off.
Graham: This is Graham, also signing off.
Ashkahn: Both of us signing off.
Graham: Talk to you, not tomorrow, I guess.
Ashkahn: No, no. Maybe never again. Oh, two days from now.
Graham: Yeah.
Ashkahn: This is us signing off.
Graham: Thanks again, everyone.
Ashkahn: Thanks. Just sign off here. Signing off.
Recent Podcast Episodes
Pros/Cons of having Business Partners – DSP 79
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It’s worked out well for these two, but the reality is that sometimes having a business partner is a lot like being married. How do you find the right person? How do you handle disagreements? It can be one of the most daunting, and rewarding decisions to make when starting up.
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Sure, this is a great podcast, but it’s over after ten minutes in the day. What other podcasts are out there for you to get your fix once the high of listening to Graham and Ashkahn wears off? Fortunately, Graham and Ashkahn have solved this problem too!
So this episode is all about other podcasts. This one isn’t the only one in the industry, and there’s tons of other podcasts that are great for any startup, so they talk about some of their favorites as well. Graham also throws out some philosophy podcasts for those who want to flex their mental muscles too.
Check out the resources on this episode for some great suggestions!
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Obviously float centers need a lot of salt. The average float tank requires roughly a thousand pounds of salt to maintain a specific gravity high enough to be functional. What about after you get your tanks filled and ready to go, how much do you need to have on hand just for maintaining that level? Fortunately, Graham and Ashkahn have a good rule of thumb for how they run Float On to use as a metric, as well as some good simple tips to keep in mind about storage in your float centers.
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Opening a float center is a huge expense. There are several major investments that can seem daunting being on the outside looking in. Where to you skimp? The float tanks themselves are definitely a huge part of that, but getting everything right for construction seems even more daunting possibly. It’s a natural inclination to save money and it can definitely seem like there has to be a corner to cut somewhere to bring that bottom line down a little bit more. You want to do it correctly though, it doesn’t really seem worth it if it’s going to end up costing you more money down the line to fix or replace whatever it is you have now.
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Construction and buildout are likely going to be some of the largest expenses for any float center. Possibly even more than the float tanks themselves in some situations. Most float center owners aren’t millionaires, and when faced with these large expenditures, it can be difficult to decide what to cut to keep your costs down. Doing your own construction can be an effective way to go about that, but with so much technical work needed to go into building a float center, is that really the right thing to do?
Graham and Ashkahn lay down some knowledge on this, having both worked on a lot of their buildout themselves initially, as well as hired out workers for repairs and upgrades.
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