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74: Building one of the Largest Adventure Travel Companies in the World with Darrell Wade from Intrepid Travel

74: Building one of the Largest Adventure Travel Companies in the World with Darrell Wade from Intrepid Travel

FromThe Foundr Podcast with Nathan Chan


74: Building one of the Largest Adventure Travel Companies in the World with Darrell Wade from Intrepid Travel

FromThe Foundr Podcast with Nathan Chan

ratings:
Length:
51 minutes
Released:
Jan 12, 2016
Format:
Podcast episode

Description

Anyone can have a great idea, any entrepreneur can get lucky and make it big, but it takes something really special to turn your startup into something that lasts.
For the past 27 years that's exactly what Darrell Wade has done with IntrepidTravel. It all started in 1988 when two friends went on a trip to Africa and came back with an idea, something that would revolutionize the travel industry forever.
Despite the lack of confidence from the banks and everyone telling them otherwise, Wade and his cofounder knew that there was a market being underserviced out there. So channeling his own passion for traveling, he created a startup where, for more than four years, his salary was only a third of his previous job.
Since then, IntrepidTravel has turned into a $300 million business and has successfully transported 350,000 travelers around the globe in the previous year alone!
Despite hardships, Wade vigorously reinvested back into his business, focusing on building the best product he could possibly offer, and creating a company with staying power to support it all.
Today IntrepidTravel is one of the premiere travel agencies in the world and it all started with a passion and desire to change.
In this episode you will learn:


How to start a business in the travel industry


How to make your business grow on a tight budget and learn about the risks that you have to take for your startup travelling business


The advantages of re-investing to make your business grow


Unique ideas and Actions items to get a lot of travellers book with your agency


The importance of mutual respect when it comes to leadership and your organization


How to identify the leverage points where you can scale up in your business

& much more!
Released:
Jan 12, 2016
Format:
Podcast episode

Titles in the series (100)

We interview hard to reach entrepreneurs. (Mark Cuban, Seth Godin, Tim Ferriss, Tony Robbins, Barbara Corcoran, Daymond John & many more). Unlike most podcast interview series Nathan Chan literally started from knowing nothing. He was just an average guy working in a 9-5 job he utterly hated. He knew nothing about entrepreneurship, nothing about startups, nothing about marketing, and nothing about online or how to build a business. So from launching Foundr Magazine he's gone out and spoken to some of the most successful entrepreneurs and founders in the world in the world to find out exactly what it takes to become a successful entrepreneur, so YOU can learn from them. Why this podcast? Because we're asking the same questions you want to know as an entrepreneur on their journey to building an extremely successful business. We're on the front-lines facing the daily battles you are. How do I get more customers? How do I scale my business? I want to start a business, but just don't know where to start? How did this person get millions of customers and make millions of dollars and have a such a massive impact on the world? Some of these entrepreneurs are very well known, and some not known at all and that’s the cool part! Here we will share with you our best interviews from Foundr magazine showcasing this persons processes, failures, critical lessons learnt and actionable strategies showing YOU how to build a successful business. This is NOT your AVERAGE everyday entrepreneurship podcast.