Make Your Passion for Fun A Key Part When Seeking New Product Opportunities

Most people lead rather ordinary lives, built aroundtheir enjoyment of every aspect of the golfing
family, job, church and hobbies. This is fine for most.experience. I review more golf products every year
The need to pay the bills leads many to engage inthan any other single category. In every instance, the
work that is unfulfilling, boring and stifling. That soentrepreneur believes they have developed a
many people work at energy sapping employmentproduct that will improve golf performance, lower
should be a motivating factor in seekingscores and increase the play experience. These
entrepreneurial opportunity. Sadly, most people areentrepreneurs are always golfers with passion,
totally risk averse and eliminate themselves from thelooking to provide an edge through the unique
potential rewards available almost exclusively tofeatures contained in their invention.
entrepreneurs.Passion for fun entrepreneurs, because of the love
The perceived risk taker (the entrepreneur) is, inthey have for their hobby or sport, provides
actuality, not the real risk taker. The real risk taker isproducts that represent joy to them. It is so much
the person willing to work a dull job, for average pay,easier to succeed with a product that screams
letting life fly by without ever knowing theleisure, happiness or fun. The ability to build an
excitement of being in the fray. This person leavesexciting new product opportunity that provides a fun
life without ever having made a mark. Looking backfeature and benefit to an area of passion is a dream
on a journey that did not include excitement, changecome true for these entrepreneur's.
and risk would seem to reflect an empty, unfulfilledMy father worked a dead end job. He was intensely
life lived.unhappy that life had passed him by (his words). He
Entrepreneurs crave change, excitement, competitiontold me as a young man, "do something that is fun,
and risk, understanding that these are the definingnot work". Work and fun mean different things to
hurdles to be overcome if success is to be achieved.different people. Some people are happiest at work,
The ability to test oneself against the overwhelmingno matter the type of work: it identifies them.
mass of competitive opportunities available in theInvariably this type of person is an entrepreneur.
marketplace is a narcotic to serial entrepreneurs.They enjoy the work because they own the
They might not always succeed, but they will alwaysbusiness.
try.Most people, however, would rather make a living
Most new products are developed from anfrom "fun" work. Working as a golf pro, sportscaster,
entrepreneur's life experience. The hundreds of newartist, writer, personal trainer or coach are just a few
product ideas I review each year are overwhelminglyjobs that many people would describe as fun and
skewed to hobby: pet, cosmetic, sporting goods andrewarding. Most of the products that I review, and
children's products. And overwhelmingly, thesethat succeed in the marketplace, offer features and
offerings can be described as having a funbenefits providing a way to deliver more fun to
component.passions and hobbies.
Would it surprise you to know that the toy industryI do review many work-related products, as well.
is 60% smaller than the pet product market? It didMany of these have huge potential. The ability to
me! However, I have seen a dynamic at work inprovide an advance in wellness, technology or
many product categories that I think explains thise-commerce can be hugely lucrative. As a capitalist I
surprising number. I call it "Passion for Fun". Golfers,love these projects. Nevertheless, the real fun and
hunters (and fisherman) and pet owners are amongpassion I view when working with hobby, fun related
the most passionate people I interview. They areproducts is usually absent from industrial inventions.
intensely immersed in all aspects of their passion.Novel hobby and sport related products are often
Maybe toy manufacturers are not making hot newmore easily conceived, easier to patent and
toys, or parents are spending more money ontrademark and more easily designed and
educational products, but I know parents love theirmanufactured than most industrial products. The
children. They just are not passionate about toys.capital required to launch a pet exercise toy can be a
An avid outdoorsman will buy any and every productfraction of a mechanical tool or technology. Often
that might potentially provide them an edge whentimes, we utilize the inventor of a fun product as the
hunting or fishing. More strikes for a fisherman, closerbranding spokesperson for the item. The passion for
and clearer shots for a hunter, more fish caught andfun that the entrepreneur has vested in their product
more game killed is the goal of every sportsman.is contagious and transfers to greater sales and
They are passionate about their sport and keen tobelievability.
know of any product that will increase their successWhen aspiring entrepreneurs are seeking a product
and their fun.to create and market we strongly advise that they
Pet owners are every bit as passionate about theirlook around the house or garage. What is their true
animals. Sharing one's home with an animal is apassion? What provides enjoyment, happiness and a
statement of commitment, sharing and passion infeeling of contentment? When they scrap book,
itself. Pet toys, exercisers, top grade foods, andassemble model planes, play chess, golf, swim, or
even vitamin enriched bottled waters are huge sellersread, is there something that they often think would
to pet owners as they pamper their animals. The joyimprove the experience. This is the surest way to
pet owners receive from sharing their lives with adiscover potential opportunity in an area of great
loved pet is highly rewarding. Watching a child playinterest. You can invent that new product, and it will
with a puppy, or kitten, is one of parent's mostbe rewarding to you and every user as your
valued memories.entrepreneurial career commences.
Golfers share the same commitment to expanding