Griffins Boxing
Nov 16th, 2010 by Mehrad Karimzadegan
This amateur boxing club began operating in a local rec center in North Vancouver with one instructor, Dave Brett, who is also the company’s manager and owner. After building support for a few years from member in the community, Griffins expanded to a 6500 square foot location in 2003.
Dave Brett took a great risk when he decided to expand his facilities. He, along with the help of family members and close friends, provided over 60% of the funding required to start up the business. The rest, of course, came from a loan from the bank. These expenses needed to cover the major renovations that were necessary for the facility along with the development of staff and equipment. Dave Brett was able to create a boxing club that was unique to the community in that it provided a variety of different programs that could be related to anyone who wanted to become active, learn a new skill, or just have fun. He developed an innovative and patented “Glove System” that differentiated him from any other competitive boxing club.
Within less than five years, Griffins became a million dollar company and has received wide acclaim from critics. Dave was nominated for Business Person of the Year in 2008 and 2009. Griffins received the News Reader’s Choice Award Best Boxing Gym (2006) and the Innovation Award (2006).
Griffins was able to reach out to its targets in the community and was able to position itself as a new and different boxing club. Along with his innovative Glove System, high risks involving company start-ups, and the substantial wealth Dave and Griffins has received, this company can genuinely be classified as an entrepreneurship that has accomplished great success.
Link to Griffins’s Website: