If there are two things that I have learned from my research on Joe Reynolds and Steve Ells is that your employees and the earth are the two most important things in a business and a business plan. Regardless of if you are starting to put together a business plan or working for a company who is asking for your input into a business strategy you need to look at what can make you different and why your employees will want to continue to invest in your positive future.
Joe Reynolds, the founder of Red Frog Events, believes so strongly in the assets that are his employees, he provides them with a fun environment to work in. That environment includes a rock climbing wall, a zip line and a tree house. When he started he want a fun place to go to work where it didn’t feel like work. With 2000 applicants a month, I believe he has created what he set out to do. He also provides his employees with an unheard of unlimited vacation days and a mandatory sabbatical after 5 years. That’s putting a lot of trust in your employees to not take advantage of the perks, something that Joe Reynolds hasn’t experienced an issue with yet.
The one thing that Joe Reynolds provides each of his employees that I will incorporate into by business plan is an event budget. My business plan is for an endurance sports event and while I want my event to be the best that is out there, I’ll never know it is the best if the people who for my event can’t see what else is out there. Giving people the opportunity to train for a marathon, half marathon or triathlon and then providing them with the funds to enter the event ensures that employees can see the competition or unique events around the country and the world. Giving them the opportunity to experience what being a participant is like and what other do right or not so well, will only improve my event.
Steve Ells, the founder of Chipotle, believes in something called “Food with Integrity” which is about sustainable food, and responsible treatment of the land and animals. Through everything that Chipotle does, it keeps the “Food with Integrity” in the forefront. To the farmers they use, the materials in the building supplies in the restaurants to the advertising and creation of short films reminding people to think about the food that they eat. Being an environment conscience company is at its core.
Runners want to ensure that their carbon footprint is a positive one and the way that many races are moving. I don’t feel we are doing it fast enough but my business plan that I have created addresses this from the start of the planning. It takes everyone to make a conscience effort to improve the environment. Even if my business plan never takes off, this will be the corner stone of any strategic initiative that I have involvement in during my future career in sports and endurance sports.