How Two Founders Turned Passion Into Profitable Small Business Ideas
Entrepreneurs Radha Agrawal and Jon Stein share a common approach to starting successful businesses. They both ask themselves insightful questions to ensure their ventures align with their passions and address societal needs. Agrawal, co-founder of DAYBREAKER and the Belong Institute, and Stein, co-founder of Alchemy Springs, a small business focusing on wellness and connection, have found this method crucial for long-term success.
Agrawal begins by questioning what issues she wants to improve in her own world, if these problems affect many people, and if she can maintain passion for the cause long-term. Stein, meanwhile, focuses on designing days, teams, and milestones around aligned momentum to foster confidence, clarity, kindness, and drive. Both founders emphasize turning frustration into purpose and purpose into profit.
Alchemy Springs, a social spa in San Francisco, embodies this approach. Stein asked himself what energizes him and gives him momentum, if others need this too, and if he could stay true to it even when faced with challenges. The result is a wellness space offering communal saunas, cold plunges, yoga, and sound bath experiences, blending wellness and connection. This resonates with today's Gen Z and Millennials, with nearly 90% prioritizing a sense of purpose in their jobs.
Agrawal and Stein's shared methodology highlights the importance of self-reflection and alignment in entrepreneurship. By asking the right questions, they ensure their businesses serve a purpose, resonate with customers, and drive long-term success. Their stories serve as inspiration for aspiring entrepreneurs seeking to create meaningful and lasting small business ideas.
