Started up a new organization in Sports industry : 30 Foot Wave

How does an Englishman who studied Agricultural Botany and worked most of his life on projects and industries outside sport become the founder of an organization focused on building sports businesses in America?

Building that organization is my 30 Foot Wave. A seemingly impossible challenge.

To face and succeed on a 30 Foot Wave takes many years of training, many falls (some really bad ones) sacrifices and always risk. But when others might have given up and returned to shore and safety, or decided to settle for a lesser challenge, I am taking off on my 30 Foot Wave.

I have not just been waiting for this. I worked hard to build experience in the sports industry, listened and learned from some pros that really understand and love the business, and sacrificed opportunities elsewhere that would have paid off far better in the short term.

To face this challenge in business, I have applied my knowledge as a surfer and a businessman. I needed to be in the right place and at the right time and to have the right team to help me get there.

• I got into position (California)
• Saw the opportunity on the horizon (The economic downturn)
• Have the experience now to face it (several years of consulting, several ventures of my own, direct experience in sports industry)
• I am not alone (I co-founded with Dea and we have a team of people, all experienced in their own area in support of this goal)

There is a lot that goes into a successful business launch, and even then a great deal more to running a successful business. The risk of falling is always there when you are on a 30 foot wave, but the adrenaline and the rewards are worth it.

What is your 30 Foot Wave?

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Sports Industry - Pay to Play

I sat on a sports marketing panel at UCLA on the weekend with marketing gurus from LA Dodgers, LA Kings and Crimson Marketing and PR. The conference was run by undergrads interested in the sports industry, and a few interesting points came up worth mentioning.

The whole panel worked their way into the industry through internships. Their perspective was that this was the key method for getting in and almost the only way in short of family connections. While I would add the entrepreneurship route (build vs buy), the commonality is the need to “pay your dues”. If you want the glamour of a high profile internship, or to be your own boss in the sports industry, you will have a lot of competition, and you will also face some pretty simple and mundane tasks to prove your value and impress customers, clients and managers.

The panelists were all stars in the industry and each also agreed that there was a serious long-term personal cost involved in getting where they were, despite their internship “breaks”. You better love sports if you want to be involved in the business side. It does not pay at the same level as many other jobs your peers may be doing, and for 99% of those in the industry it never will. To overcome that and ultimately win in the business you need to have a deeper level of commitment, and enjoyment of sports to carry through the struggles.

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Accessories

 

The greatest advances in sports equipment right now are coming from small businesses who are struggling to keep the spark alive.  Check out and show some love (clickable images) for

Quiverkaddy: Carries more gear than a linebacker and crosses the ground twice as fast.

 Quiverkaddy.com

 
 

Fun Pig Cycles: Bikes that bring back the ol’ school with a powerful twist.

craftsman

 

Hotsuits:  Kidney Belt with reusale pack that provides upto and hour of heat to keep you warm in the water.  Brilliant.

hot

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Turnaround Time

We are entering an exciting stage for many companies in the industry. Retail is so far down, and fear is so far up that several of our favorite brands are under seige and may buckle. To take two examples, Quiksilver stock does not seem to be finding a base and PacSun is being chased around by a far smaller company (Adrenalina) .

This provides some incredible opportunities;

  • from an investing perspective as an individual looking to buy undervalued stocks
  • for corporations that can bring their strengths into play and acquire or merge
  • for professionals who understand the industry but are emotionally detached from the brands who can apply their perspectives to help these companies adjust.

The only certainty is that the Action sports business landscape in 2010 will be very different.

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Surfing Industry Education

A course on the business of surfing?

“TOFINO, B.C. – A college in this Vancouver Island town is working with an Australian university to develop a program for surfers – often better known for skipping class than hitting the books – to learn the business aspect of the sport.”   thenewstribune.com

Calling all the ex-Pros of surfing.  A chance to see the other side of the business and perhaps add an edge as you go after the dream job with you former sponsor.  Or on the other side of that coin, Surf companies wanting to give their former athletes the edge, here is your chance.   http://tinyurl.com/3p2qxh

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Stand up Paddleboarding / Battle of the paddle

Just found this stand up paddling blog. I have put up some links to SUPS in the past, but enjoyed reading John Ashley’s ideas and commentary.  I admire the committment he has shown by building his own board, keeping the soul in the sport.  SUP is a sport that is growing fast, and despite the scary level of fitness required is starting to look like fun and more accessable. Fancy building your own board? Check out Chesapeake light craft

 

 

If you want to see the best of the best in action, come down my way to Doheny Beach on October 11th for the Gerry Lopez / Rainbow Sandals battle of the paddle

 

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International Year of the Reef

The year seems almost over (or at least summer is), but lets not forget that this year was designated the year of the Reef.  Body Glove produced a CD and info pack (songs by no other than Russ Lessor, President of BG) that includes some background from Jean-Michel Cousteau’s Ocean Futures Society and the Reef Check organisation. All well worth a few minutes of your time. We need the reefs more than we know it.

                                                                            

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Surfing the “Silver Dragon”

Anywhere there is a wave you will find a willing surfer. I picked up on this blog on China River bore surfing today on Surfline. Some kinds of surfing are not for me. For once I can say I would opt out of this biochemical experience in water appreciation, but definately admire the dedication of Healey and the Longs, and there were some decent waves.

http://tinyurl.com/5c66c8

For more on surfing tidal bores, also check out this article

FindArticles - Beyond the sea: how to surf from the Turnagain Arm to the Silver Dragon
Men’s Fitness, August, 2006, by Ben Marcus

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Man’s best surf buddy

Nothing is quite like the experience of surfing. Hardly surprising that it is also enjoyed and practiced by more forms of life that just man. One of my most amazing experiences was seeing a buddy framed left and right by two dolphins leaping out of a wave as he duck dived through overhead surf.

If I had a dog..

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Surfing in “Sea Fever” Blog

Surfing is such a strong experience that it is inevitably practiced further and further from the ocean by those that cannot always be on the spot as the swell hits.  Check out the river tug sequence 

(acknowledgements for the heads up to Tugster and Sea-Fever)   All that aside, I have a passion for the sea and its energy that can be transfered though the hull of a ship of the rail of a surfboard. The Sea Fever blog has put a lot of great words and effort back into appreciation of this energy.  There is a lot of Philosurfy in those pages.

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