Friday, September 20, 2024

RVE 210: Reet from TripOutside on Constructing a Market

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Typically you give you an awesome enterprise concept. It’s one thing you understand you’ll use. And once you get another person to check it, you notice that it doesn’t resolve the proper drawback.

That is what Reet confronted when he launched Journey Exterior, a platform to seek out and ebook outside adventures on-line. {The marketplace} serves outside outfitters by serving to them lease and promote gear and acts as a one-stop-shop for adventurers trying to ebook leases and experiences for his or her subsequent trip.

However Journey Exterior isn’t the one firm Reet runs together with his spouse, Julie.

Additionally they run Seva Stray, an e-commerce firm with a giant imaginative and prescient. After visiting to India and volunteering and even adopting stray canines, Reet & Julie determined to mix their love of canines and their enterprise information. With Seva Stray, they promote stunning, distinctive, ethically sourced, vegan merchandise and 20% of all gross sales go towards organizations in India that deal with stray canines. These donations go towards vaccinations, spaying and neutering packages, and medical care.

On this episode, Heath & Reet dive into:

  • Bootstrapping versus elevating capital (and the issues that come together with each)
  • Prioritizing what to concentrate on as you scale a enterprise
  • Hiring and speaking with workers from overseas
  • rent new workers (that may stick round)
  • What metrics are price monitoring

Sources talked about on this episode:

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