Joe Reynolds loved participating in adventure activities and wanted to share his passion with others. He did not have any prior experience in managing event-production business. However, with $5000, partner Ryan Kunkel and a lot of hard work, he set up Red Frog Events.
Here are some tips from Joe Reynolds for entrepreneurs who would like to start businesses based on their interests:
- Just being passionate is not enough to grow your business. Be practical. Check if your idea solves a problem or serves a particular need. Find out if there is a market for it.
- Be good at what you do. Get feedback from your customers and know what they think about you.
- Instead of doing everything yourself, delegate some of your tasks. Find a partner who can manage some of the important business functions.
- Recruit people who understand and share your passion.
- Share your passion and knowledge with as many people as you can.
- Don’t lose your original enthusiasm while driving your business. Keep your passion alive by doing what you love to do.
- Make an effort to add fun element to work.
Nancy Mann Jackson covers more about the success story of Joe Reynolds and Red Frog Events in her article, ‘Six Tips to Turn Your Passion into Profit’
Have you turned your passion into your start-up? To share your thoughts with other entrepreneurs, send an email to email@example.com.