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The Fireworks Business Has a New Competitor

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Drone light shows are giving cities and event organizers a programmable, reusable alternative to traditional fireworks, transforming one of the world's oldest celebration industries.

For generations, fireworks have been the centerpiece of celebrations. Independence Day, New Year’s Eve, sporting championships, grand openings, and city festivals have all relied on colorful explosions lighting up the night sky. It was an industry that changed very little for decades. Today, however, a new competitor is emerging—not from another fireworks manufacturer, but from the technology sector.

Drone light shows are becoming increasingly common at public events around the world. Instead of launching explosives into the sky, hundreds or even thousands of synchronized drones create animated images, logos, flags, and complex three-dimensional displays using precise software and GPS positioning. What once required smoke, sparks, and gunpowder can now be programmed with code.

The shift represents more than a new form of entertainment. It demonstrates how software is beginning to transform industries that many people assumed were immune to technological disruption. Fireworks are a physical product that must be manufactured, transported, stored, and used once before disappearing forever. Drone fleets, on the other hand, can be reused repeatedly, updated with new choreography, and customized for every event without changing the underlying hardware.

Cities and event organizers are beginning to recognize additional advantages. Drone shows produce little noise compared to traditional fireworks, making them attractive for communities concerned about pets, wildlife, veterans, and residents sensitive to loud explosions. They also reduce smoke and debris while allowing organizers to create displays that would be impossible using traditional pyrotechnics, including animated storytelling, corporate branding, and detailed moving images across the sky.

That does not mean fireworks are disappearing anytime soon. The sound, smell, and emotional impact of a traditional fireworks display remain deeply connected to many cultural celebrations. For millions of people, fireworks are part of the experience itself. Rather than replacing them entirely, drone shows are creating a new category of entertainment that often complements traditional displays instead of competing directly with them.

The broader business lesson is far more interesting than the technology itself. Mature industries often believe they are protected because they have existed for decades or even centuries. Yet history repeatedly shows that disruption rarely comes from doing the same thing slightly better. It often comes from changing the underlying business model altogether. The companies building drone shows are not simply making better fireworks—they are redefining what an aerial celebration can be.

Software has already transformed transportation, banking, retail, photography, communication, and media. Now it is beginning to reshape industries that once seemed entirely physical. As drones become more affordable, batteries improve, and programming becomes more sophisticated, the barrier to creating complex aerial performances will continue to fall.

There is an irony hidden inside this trend. Fireworks were once considered one of humanity’s greatest technological achievements, representing centuries of innovation in chemistry and engineering. Today, they are being challenged by an entirely different type of technology built around software, automation, and artificial intelligence. The spectacle remains, but the method is changing.

Every generation believes certain industries will always remain the same. Yet time after time, technology finds a different approach. The fireworks business may simply be the latest reminder that in the modern economy, even the oldest traditions are no longer competing only with their traditional rivals.


 

Cenk Demircan is an entrepreneur, author, and business strategist who thrives at the intersection of innovation and efficiency. As the founder of Elite Coaching Circle, he has guided countless entrepreneurs toward success, blending mindset, strategy, and execution. His latest venture, Fire Your Employees, challenges traditional business models by leveraging AI and automation to streamline operations and maximize growth. With a relentless drive for transformation, Cenk continues to push boundaries, helping businesses evolve in an ever-changing digital landscape.

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Toys R Us Is Coming Back. Can Nostalgia Bring Customers With It?

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An illustrative family visit to a colorful toy store captures the emotional appeal behind the Toys R Us comeback and the opportunity to create new memories.

Some store names bring back a feeling before they bring back a product. Toys R Us is one of them. For people who remember visiting as children, the name can mean excitement, possibility, and a building filled with things they wanted to take home. Now the brand is expanding its physical presence again, with plans announced for additional standalone stores ahead of the holiday season. Its return raises an interesting business question: how much can customers’ memories contribute to a comeback?

I used to go to Toys R Us as a child, and I still have memories of visiting that big toy store. That is part of what makes this comeback interesting to me personally. Hearing the name again brings back something familiar. I can understand why adults who remember those visits would want to walk into a store again, perhaps this time with children of their own.

That emotional connection gives the brand an advantage. Many new retailers have to spend heavily just to introduce themselves. A familiar name already has a place in people’s minds. Customers may notice an opening, tell someone about it, or make a special trip because they remember what the store meant to them. For a returning brand, those memories can help create an audience before the doors open.

But getting people through the door once is different from earning their next visit. Parents shopping today can compare prices, check availability, and order a toy without leaving home. A recognizable sign will not remove those alternatives. The store needs to offer something that makes the trip worthwhile, whether that is discovering an unexpected product, getting helpful guidance, or giving children an enjoyable place to explore.

A toy store has a natural opportunity to make shopping feel like an experience. Children can encounter something they did not know to search for. Parents can see the size and quality of an item before buying it. A well-designed visit can become part of a family outing rather than another task to finish. That gives a physical retailer room to compete on more than convenience, provided the experience feels worth the time and money.

There is also a delicate balance between honoring the past and serving the present. Adults may arrive with memories of enormous aisles and seemingly endless choices. Their children arrive with no obligation to feel the same way. The returning business has to appeal to both. It needs enough familiarity to reconnect with longtime customers and enough relevance to earn the interest of a generation discovering it for the first time.

That is the broader lesson in the Toys R Us comeback. A beloved name gives a business a valuable starting point, but customers still judge what happens when they visit. Selection, pricing, service, and atmosphere determine whether their curiosity becomes a habit. Nostalgia can give parents a reason to bring their children through the door. What those children experience inside will determine whether they ask to come back.

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Domino’s Has a Problem More Orders Alone May Not Fix

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An illustrative pizza shop scene highlights the challenge of smaller purchases: every order still requires preparation, packaging, and service.

A busy restaurant can look like a successful restaurant. Orders keep coming in, employees keep moving, and delivery drivers keep leaving with food. But activity does not tell the whole financial story. Domino’s reported stronger quarterly earnings on October 13, while CEO Joe Jordan told Barron’s that customers were buying fewer items per order, putting pressure on franchisees’ profitability. � That combination reveals a challenge many business owners recognize: attracting customers is only part of building a profitable business.

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The distinction matters because company results and individual restaurant results measure different things. Domino’s earns revenue through several channels, including supplying its franchise network and collecting royalties. A franchise owner has to make the economics work inside a particular store. Stronger earnings at the parent company do not automatically mean every operator has more money left after expenses. The customer’s purchase needs to generate enough income to support the work required to fulfill it.

Smaller orders can make that harder. A customer might still buy a pizza while skipping a drink, dessert, or side. The restaurant keeps the transaction, but loses some of the revenue that would have accompanied it. Meanwhile, taking the order, preparing it, packaging it, and coordinating collection or delivery still require effort. Some costs fall with the size of the purchase. Others change much less. When the average order shrinks, a business may need more transactions just to achieve the same financial result.

Discounting adds another layer to the decision. A promotion can give a price-conscious customer a reason to choose one restaurant over another. It can also reduce what the business earns from the purchase. That does not make discounts a bad strategy. Their value depends on what happens afterward. Does the offer bring in an additional customer, encourage a larger purchase, or build a repeat relationship? An increase in orders becomes more useful when the owner understands how those orders contribute to profit.

Consider a hypothetical restaurant whose average order falls from $25 to $20. At 100 orders, sales drop from $2,500 to $2,000. It would need 125 orders to recover the original sales total, assuming the average purchase stays at $20. That is 25% more orders, each requiring fulfillment. Even matching the previous revenue would not guarantee matching the previous profit, because the additional transactions could create more packaging, payment processing, delivery, or staffing costs.

The same issue appears outside restaurants. A retailer can increase transaction counts while customers purchase fewer products. A service company can win more bookings while buyers choose smaller packages. Owners need to examine customer volume alongside average purchase value and the costs associated with each sale. Improving the result might mean offering a useful bundle, making relevant additions easier to purchase, simplifying fulfillment, or adjusting a promotion. The right choice depends on what customers value and where the business actually earns its margin.

Domino’s situation is a reminder to look beyond the visible signs of demand. Winning another order matters, but the amount that order contributes matters too. A business can grow busier without growing financially stronger. Sustainable growth comes from understanding what customers spend, what serving them costs, and how much remains to support the business after the sale is complete.

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Hackers Aren’t Just Stealing Data. They’re Spoiling the Food.

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An illustrative supermarket scene shows staff removing food from refrigeration shelves, reflecting the physical losses a cyberattack can cause.

A supermarket can have customers ready to shop, employees ready to work, and shelves full of inventory, yet still lose the ability to sell its food overnight. Reuters reported on October 12 that hackers manipulated refrigeration systems at French supermarkets, causing food spoilage and fires. Intermarché’s owner said around 150 of its stores were affected, with refrigeration temperatures reaching as high as 122 degrees Fahrenheit. The incident shows how a digital intrusion can become a physical business emergency before the doors even open.

Business owners often associate cyberattacks with stolen passwords, exposed customer records, or payment systems going offline. Connected equipment expands that exposure. When software controls the conditions that keep inventory usable, unauthorized access can damage the products themselves. A refrigerator becomes part of a company’s technology infrastructure, and the consequences of losing control extend directly to what the business can sell.

Remote access has an understandable appeal. Equipment can be monitored and adjusted without requiring someone to travel to every location. That convenience becomes especially valuable for businesses operating multiple sites. But it also creates a responsibility to maintain the software supporting those systems. In this case, Danfoss, a refrigeration controls supplier, said affected units were running outdated firmware. Equipment maintenance increasingly includes the digital controls inside the machinery, alongside compressors, wiring, and other physical components.

For a retailer, the financial consequences can extend well beyond the purchase cost of discarded food. Employees must inspect stock, document losses, clean affected areas, and help restore operations. Replacement inventory has to arrive, while customers may encounter empty shelves or shop elsewhere. Even a short interruption can create several expenses at once. The full business impact depends on how quickly the store detects the problem, limits the damage, and returns to normal service.

The story also raises a practical question about responsibility. A store may own the refrigeration equipment while an outside company maintains it and another supplier provides the control software. That arrangement can work efficiently, but someone still needs clear responsibility for updates, remote access, and incident response. Assuming a vendor handles everything can leave an owner unaware of what is being maintained, what has become outdated, and who should respond when something goes wrong.

The lesson applies wherever connected equipment protects something valuable. Restaurants depend on cold storage. Manufacturers rely on stable operating conditions. Other businesses use building controls to protect stock, equipment, or essential services. Owners need to understand which connected systems their operations depend on and what a failure would interrupt. Reviewing access, maintenance arrangements, alerts, and recovery procedures becomes part of managing the business itself.

The French supermarket attack makes cybersecurity tangible. Its consequences appeared in refrigeration aisles and unusable inventory, rather than remaining confined to a computer screen. As more everyday equipment becomes connected, protecting the business means understanding those connections and maintaining them throughout the equipment’s life. A system that helps a company operate more efficiently also needs safeguards that match the value of everything depending on it.

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Amazon Built Its Tablet Business on Cheap. Now It Wants Customers to Pay More.

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An illustrative comparison of a basic tablet and a premium device reflects Amazon’s challenge: giving customers a convincing reason to pay more.

A reputation for low prices can help a company win customers. It can also make it harder to sell them something expensive. Amazon is testing that tension with its new Alexa Tablets. According to Reuters, the company introduced the devices on October 8, moving toward higher prices after years of selling inexpensive Fire tablets. The new lineup runs Android, includes Alexa+, and replaces plastic cases with aluminum. The business question is whether those improvements will change how shoppers think about an Amazon tablet.

For a customer who primarily wants to read, watch videos, or entertain a child, an affordable tablet has an obvious appeal. It does not need to be the best device available. It needs to do enough to justify its price. That creates a clear identity for a budget brand, but it also sets expectations. When a company introduces a more expensive product, customers may judge it against the inexpensive version they remember before considering what has changed.

Amazon has made meaningful changes to support the higher price. Reuters reported that the new tablets offer broader app access through Android, addressing limitations associated with Fire OS. Prices start at approximately $230, with configurations reaching $550. Alexa+ also features prominently, giving Amazon another way to distinguish its devices. These changes give shoppers more reasons to consider the product. They also invite a tougher comparison with alternatives customers might previously have considered outside their budget.

That is the challenge of moving upmarket. A low price can make compromises acceptable. A higher price makes those same compromises harder to overlook. Customers begin asking different questions about performance, convenience, design, and the experience of using the product every day. Features matter when buyers understand how they improve that experience. A longer list of capabilities alone may struggle to persuade someone who already owns a tablet that handles their basic needs.

The lesson extends beyond consumer electronics. A service business known for inexpensive work faces a similar problem when it introduces a premium package. Existing customers may see a price increase where the owner sees a better service. To close that gap, the business needs to explain the difference in practical terms. Faster completion, more reliable support, less effort, or a better outcome can make the value understandable. The explanation should connect the improvement to something the customer actually cares about.

A company also has to consider which customers it hopes to attract. Some buyers will continue to prioritize affordability, even when they recognize the benefits of the more expensive option. Others may be willing to pay more but need a reason to reconsider a brand they associate with budget products. Serving that second group requires consistency across the product, presentation, and customer experience. Every interaction helps establish whether the premium positioning feels credible.

Amazon’s new tablets put that process on display. The company can change the materials, software, and price immediately. Changing the meaning of the product in a customer’s mind takes longer. For any business considering a similar move, the central question is what buyers will experience that makes the higher price worthwhile. A premium offer becomes convincing when customers can see the improvement, understand its relevance, and believe the company will deliver it.

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The Naked Cowboy’s $150,000 Question: Who Taxes the Art of Busking, and Who Decides When It’s Illegal?

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From undocumented workers to an arrest in Florida, the business of busking raises questions about money, immigration and the law.

Times Square is one of the world’s most profitable entertainment districts, but not all its performers work beneath Broadway marquees. Some earn their living on the sidewalks, collecting cash from tourists who stop for a song, a photograph or a moment of amusement. What appears to be spontaneous entertainment is actually an economy worth examining. Who keeps track of the money? Who pays taxes? Why is the same activity permitted in New York and result in an arrest elsewhere?

Consider Robert John Burck II, better known as the Naked Cowboy. For nearly three decades, he has entertained Times Square visitors wearing little more than white briefs, cowboy boots, a hat and a guitar. According to a recent Business Insider interview, Burck earns approximately $150,000 annually on average, with his best year reaching $250,000.

His income is not limited to tips. He has developed the Naked Cowboy into a trademarked business, generating revenue from personalized Cameo videos, merchandise-related ventures and other enterprises. In one recent year, he reported approximately $20,000 in street tips and $50,000 from Cameo alone.

Burck is an exceptional example, but his success raises a question that applies to every performer collecting money on the street: How is that income taxed?

The IRS considers money earned through street performance taxable, whether it is received in cash or electronically. Independent performers generally report their business income and eligible expenses on Schedule C, and self-employment taxes may apply. Even without receipts or an employer issuing tax forms, cash earnings must be reported.

The difficulty is accountability. A Broadway theatre has ticket records. A restaurant has sales receipts. A street performer receiving dollar bills from hundreds of tourists may have no independently verifiable record of what was collected. Honest reporting depends heavily on the performer’s bookkeeping.

That does not establish that performers are evading taxes. It does, however, make the question of financial transparency legitimate.

Interestingly, federal tax legislation effective from 2025 through 2028 allows eligible workers, including qualifying street performers, to deduct up to $25,000 in qualifying tips annually from federal taxable income, subject to restrictions. The income must still be reported, and the deduction does not eliminate applicable self-employment taxes.

Then there is the immigration question.

Times Square attracts an international population of performers, including individuals who speak limited English. Their immigration status cannot be determined from their language or appearance, and there is no reliable public evidence establishing how many street performers are undocumented.

Nevertheless, the legal distinction is significant. An undocumented immigrant can owe federal income taxes and obtain an Individual Taxpayer Identification Number to file returns. That number does not provide legal immigration status or permission to work.

In other words, someone can be legally obligated to pay taxes on earnings from work they are not legally authorized to perform.

This raises questions about how employment authorization, tax compliance and the city’s regulation of street commerce intersect. Are performers maintaining business records? Are earnings being reported? How does the city enforce its rules consistently among performers operating in the same public spaces? These are questions worth asking without presuming that any particular performer is violating the law.

The Naked Cowboy’s experience outside New York exposes another contradiction.

In March 2021, Burck was arrested while performing at Daytona Beach’s annual Bike Week celebration in Florida. Tourists had been posing for photographs with him and placing money inside his guitar. Police considered the activity a violation of the city’s panhandling ordinance.

The encounter escalated into an arrest for resisting an officer without violence. The panhandling charge was dismissed, while Burck entered a no-contest plea to the resisting charge and received time served, with adjudication withheld.

Burck subsequently sued Daytona Beach and two officers, challenging the ordinance and alleging violations of his constitutional rights. In 2022, the city agreed to a $90,000 settlement without admitting wrongdoing. Two years later, in a separate case, a federal judge ruled Daytona Beach’s panhandling ordinance unconstitutional.

Here is the irony: a performer can earn substantial taxable income accepting tips in New York, yet face criminal enforcement for similar conduct in another jurisdiction. Tax law recognizes the earnings, but local ordinances determine where and how performers may solicit or accept money.

New York has its own restrictions. In Times Square’s pedestrian plazas, performers requesting or accepting tips must generally remain within designated activity zones. These regulations are intended to prevent congestion, aggressive solicitation and interference with pedestrian traffic.

Such rules serve a purpose. Tourists should not be pressured into paying for unwanted photographs, and sidewalks must remain accessible. Regulation also raises questions about the treatment of independent performers whose livelihoods depend on public space.

There is a difference between an artist entertaining an audience, a costumed character demanding payment and someone simply asking for financial assistance. Yet all three can become entangled in laws governing solicitation, public conduct and freedom of expression.

The larger issue is not whether the Naked Cowboy deserves his reported earnings. He has built a recognizable brand through extraordinary consistency, turning an unconventional performance into a business. Nor is it reasonable to assume that performers who collect cash, speak another language or lack traditional employment arrangements are automatically breaking the law.

The issue is whether the rules governing this highly visible economy are clear, fair and consistently enforced.

Times Square profits from its reputation as a place where anything can happen. Its street performers are part of that attraction, yet the financial and legal structures surrounding their work remain largely invisible to the tourists photographing them.

The Naked Cowboy may own his trademark, but he does not own the sidewalk. The IRS wants its share of the earnings, immigration law determines who is authorized to work, and local government decides where the performance may take place.

For a business that can begin with nothing more than a guitar and a handful of dollar bills, that is a remarkably complicated arrangement.

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