Nov 16 2010
Entrepreneurial Company: Kayotics Skimboards
Kayotics Skimboards is a company with which I have strong ties to and is clearly an entrepreneurial company. Established in 2001 by both rider and president, John Minns developed a back yard hobby into a full fledged company, which is now a leader in the skimboard industry. Through taking a simple design and concept Kayotics skimboards has perfected the art of crafting rideable boards, much like skateboard companies of the past. Specifically his production evolved from creating boards in his backyard, to a complex manufacturing system, allowing for perfected products and mass production of these products. Now Kayotics Skimboards are in stores globally. Additionally each year the company looks to be innovative by developing new products that also advance the sport. Through developing professionally made boards, John contributed in forming the present skimboard industry, taking it from a simple activity to an extreme sport. However because the industry is so small the accumulation of wealth has yet to reach the millions. While this is a characteristic of an entrepreneurial company, Kayotics skimboards exhibit’s other traits, such as innovation, new products, entrance into a new market and new production methods which clearly distinguishes Kayotics Skimboards as an entrepreneurial company.