How it started
Gregory has been an entrepreneur since he was in seventh grade. He started by doing a big festival for kids in his community and renting out items for it. He realized it could be a profitable business and learned how to set everything up. After an event, he told the person he rented items from that they didn't need to come back to get them, and the person agreed, essentially starting his own rental business.
The business faces challenges, which Gregory sees as opportunities to make the company stronger. He likes competition and is inspired by his son, who he started training at two years old and who now, at 16, loves the business and wants to take it over. The business focuses on unique inflatables and offers a variety of services including bounce houses, tables, chairs, tents, ponies, and a catering food truck. Social media, particularly Instagram and Facebook, are profitable for client acquisition, and they are now getting into TikTok.
Peak seasons and weekend spikes mean Tycoon Party Rental needs cash upfront—for unique inflatables, tent packages, extra crew, fuel, maintenance, and last-minute replacements—while payouts don’t always arrive at the same pace. Flexible working capital from Revenued filled those gaps so Gregory can say “yes” to rush bookings, secure inventory, and keep quality high without tapping personal funds. That agility helps the business grow—and sets the stage for his son to take the reins.
The event and party rental industry is highly seasonal and weekend-driven, where weather and last-minute changes can make or break margins. Operators win by keeping asset utilization high—turning inflatables, tents, and packages multiple times per week—while staying on top of safety, insurance, sanitation, and local permitting. Differentiation comes from unique inventory and full-service bundles, amplified by social media and reviews that drive local bookings. Reliable working capital is vital for inventory refreshes, maintenance, and extra staffing during peak weeks.