No one ever said it was easy being an entrepreneur. Whether you're in the early stages of your statrup, just secured funding for your startup or you are ready for product launch, there will always be those three components when you ask yourself if this whole entrepreneur thing is worth it. Instead of giving up and throwing-in the proverbial white towel, this forum will help in giving you all the motivation you need to achieve your result.
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This Entrepreneur Followed His Passion. It Led Him to the 'Business of Helping Others.'
Its in our nature to want to help one another as human beings and in the course of helping ourselves we also tend to benefit one way or the other. the slogan No good deed goes un-rewarded is very true. This entrepreneur build himself a great business by starting out with the aim of helping people. Here is a great story to demonstrate the point we are trying to make.
Ryan Sieker, of Phoenix, Arizona, is no stranger to helping the greater good. With a background in marketing and programming, he has been guiding businesses to the solutions they need for years. He has also played a big role in raising awareness for the Arizona Walk Now for Autism Speaks fundraiser.
Starting the beginning of 2017, Sieker’s career made an interesting shift as he took the role of president at Float Pod Technologies. It was here where he really saw the rewards of working in the industry of helping others and making a positive impact on a personal level.
What anxiety will you relieve?
The Float Pod is a sensory deprivation tank used for meditation, healing, stress relief, muscle recovery, anxiety relief, PTSD, better sleep, and much more. While these tanks have been around for a while, the “float community” has been on the rise in recent years as the health benefits become clearer.
How did you get into this line of work?
Before we were Float Pod manufacturers, we were Float Spa owners. At the time, the float community was very small and the products and service options were even smaller.
After running a Float Spa and figuring out all the things wrong with the pods, we decided to create our own pods. The pods we developed had the customer and spa owner in mind and included many features we wished we had, and Float Pod Technologies was born.
My housemate, Nick.
In college, the owner Nick Janicki (my roommate) became interested in meditation and spirituality. Nick started practising meditation and became a student of it. Being a curious person, he investigated the topic further and came across sensory deprivation and floating.
Sometime later, he flew to Europe because there were few Float Pods in the USA at this time. There, he tried floating and fell in love with it. Years after this, he decided to get into the industry and opened True Rest, his first float spa.
I was an initial investor, supporter, and fan of the company. I watched the industry and Nick's passion grow. We stayed in touch over the years discussing the business side of things and an opportunity arose for me to step into Float Pod as CEO to take over and help push the company forward, allowing Nick to focus on True Rest Franchising.
What is the best thing about working the business of sensory deprivation?
The greatest thing about selling and manufacturing float pods is it’s a product that actually helps people. People with chronic pain feel relief, people who are stressed or have high anxiety can find stillness in their mind, soldiers with PTSD are using our products and finding benefits, MMA fighters are using it for muscle recovery, and the list goes on and on.
It makes me feel great as a human to be helping and advancing products and a culture that creates a positive impact on people's lives. Not everyone can say that about their product, but we can, and it feels amazing.
At the end of the day, seeing the evidence that our efforts are making the world a better place is why I know I’ve landed in a fulfilling career.
What are the biggest struggles you face in this industry?
Educating customers and business owners on the product. It’s still a new industry and while the general awareness has increased dramatically over the last few years, it’s not quite a household thing yet.
Outside of that, the industry itself is rapidly changing, and new competition has been created. Because of this, we are all collectively raising the bar of what the float industry is by creating better products to meet the demands of our customers and their customers.
Where do see the future of your field in 10 years? 20? 30?
Although floating or sensory deprivation has been around for many years, it’s popularity is really starting to grow, specifically in the USA. Alternative health treatments, meditation and spirituality as a whole are booming industries. I think we have just scratched the surface in the float industry.
Is it time for you to float?
In 10 years, I believe floating will be as common as getting a massage and we will see its numerous benefits unfold even more over time. In the long term, I think this is a practice in which people will find lifetime value.
With the ever-increasing use of technology in our lives, having a space to go and “isolate” yourself and your mind from all the distractions, even if only for an hour, will be a commodity in our future culture.
As science and meditation practices teach us more about the mind and body, I imagine the experience provided and benefits of the float industry will grow and adapt right alongside them, helping individuals reach their personal potentials.
Twenty percent of small businesses fail within their first year. Entrepreneurship is no walk in the park. In fact, the amount of new businesses that fail exceed the number that succeed. That’s why it’s more important than ever to create a unique product or service that helps you stand out from the rest.
However, don’t be discouraged. If you believe in your business, passion will prevail. On average, 75 percent of small-business owners are confident in their company. And why shouldn’t they be? They’ve turned their passion into profit. Yet, keep in mind it’s important not to be overly confident. Instead, take things one step at a time. Typically, 20 percent of small businesses fail in their first year, 50 percent in their fifth year and 70 percent after a decade of being in business.
A number of factors play into a business’s closing, such as location, the current market, cash flow and more. The number of reason most small businesses fail is due to cash flow, and California cities such …
It is incorrect to conclude that pursuing Entrepreneurship is better or worse than pursuing a role of a senior corporate executive. Being an entrepreneur is not for everyone. However, not every successful entrepreneur has the skill set to thrive in a corporate environment. Life as an entrepreneur, especially during the early stages of a business, is very challenging. There is an element of uncertainty and risk that one will not face when he/she signs up for a stable job with a large corporate. Further, the perks at the office and the lifestyle are typically not as extravagant. There are various reasons why people choose to pursue the path of entrepreneurship. Solving a problem/Addressing a need - The root of entrepreneurship is often based in solving a particular problem. For many entrepreneurs, ideas are driven by real life problems that they have faced. A prime example for this can be Brian Chesky and Joe Gebbia, founders of Airbnb. The need for a pocket-friendly accommodation other t…
Africa is a growing continent that
has great potential and natural resources. Because there are many business opportunities in Africa, most
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lives of the people in that region. To be a successful
entrepreneur in Africa, you have to look beyond the resources
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can easily claim to be a millionaire. But Africa’s new and emerging generation
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impact; they want to create value that touches and improves people’s lives. It’s called impact
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