Xtreme EntrepreneursDiscover what it takes to turn your passion for Xtreme sports into a successful business.
Seven entrepreneurs who turned their passion for Xtreme sports into successful businesses
Xtreme athletes push the limits, defying gravity and fear in pursuit of their passion.
Explore the stories of how some of the best Xtreme athletes in the world pushed the limits to start businesses based on their love of sports. From the legendary Tony Hawk and BMX star Mat Hoffman to the small-town Illinois native who started with $50 in his pocket, you'll discover what it takes to take to start a business based on your passion.
Tony Alva
The granddaddy of Xtreme entrepreneursSkate legend Tony Alva was one of the pioneering founders of skateboarding, riding the movement through three decades of ups and downs to the hugely successful industry it is today. At just 19, he and a partner introduced a new skateboard deck that revolutionized the skateboarding industry, and opened one of the first skate shops in the world.
Alva Skateboards
First stop, California; next stop, TokyoAlva launched Alva Skateboards in 1977, one of the first shops in the world to strictly sell skateboard components and apparel. Today, the Oceanside, California, business brings in more than $1 million a year. Alva recently opened a new shop, Alva LA, in Los Angeles, and has his eyes set on opening stores in New York City, Tokyo and London.
Per Welinder and Tony Hawk
Skateboarding pros turned entrepreneurial all-starsIn 1992, skate pros Per Welinder (left) and Tony Hawk (right) launched Birdhouse Projects, a company that manufactures skateboard components and apparel. Originally launched with other pro riders in mind, Birdhouse is now just one of many brands represented under Blitz Distribution, the parent company they created five years later to meet the needs of their diverse customer base.
Startup Woes
From meager beginnings to multimillion-dollar successLike other pro riders of the time, Welinder witnessed the skateboarding industry grow from a small movement in the '70s to the multibillion dollar business it is today. When Birdhouse was launched in the early '90s, it was during a lull in the skateboarding industry. Welinder and Hawk couldn't get any outside financing, so the two were forced to use their own money from competition winnings to start the company.
Building an Empire
Taking over the world, one kid at a timeBirdhouse's boards are one of the most popular boards used in skateboarding today. The company's products are available in more than 2,000 stores worldwide, and sales are expected to be well over $10 million in 2006.
Mat Hoffman
Revolutionizing the sport and the businessBMX pro Mat Hoffman is one of the most recognizable names in BMX riding. At just 16, he became the youngest pro rider the sport had ever seen. Hoffman is famous for his daring stunts, including base-jumping his bike off 3,500-ft Norwegian cliffs and setting the Guinness World Record for jumping his bike 50 feet above the ground. Frustrated by his bikes' inabilities to keep up with his limit-pushing stunts, he started creating his own line of bikes in 1991.
For the Fans
From kid-sensation to business mavenHoffman has been pleasing crowds since he was 14, pictured here early in his career at a BMX contest in Bercy, France. Hoffman continues to please fans and customers alike with quality bikes and accessories produced by his company, Hoffman Bikes.
Izzy and Coco Tihanyi
Twin sisters Izzy (left) and Coco Tihanyi (right) knew there was a lack of good surf instruction for women, so they decided to do something about it. Armed with only $320, the sisters started Surf Diva, a surf-school and surf-apparel company for women ages 18 to 25. The Tihanyi sisters will be celebrating a fruitful 10-year anniversary this year with the launch of a new swimwear line that will be debuting in major retail stores this spring.
Surf's Up
Creating surf divas around the worldSurf Diva's original La Jolla, Califorina-based surf school has expanded throughout the world to include surf schools in Australia and Costa Rica. During peak season, Surf Diva has close to 50 instructors worldwide.
Jim Bell
Turning a childhood hobby into mega successIllinois-native Jim Bell moved to San Diego with big dreams of working in the skateboard industry. After a string of sales jobs with several skate companies, Bell struck out on his own to put his own ideas for a business in motion. In 2004, Bell started Jim Bell Skateboard Ramps with nothing but the money in his pocket. Two years later, his custom-built skateboard ramp business is bringing in a quarter-million dollars in sales.
