Fraser Doherty is another lucky individual able to make a profit by selling his family’s special recipes. Doherty’s grandmother was always known for making delicious jams of multiple flavors. Fraser had always loved her jams and thought that others might love them too. After learning the secret family jam recipes from his grandmother, Doherty dropped out of school at the age of 14 and began to sell the jams full-time. More people began to order the jams than Fraser could make by himself. He then rented a 200-person factory a few days each month and began to produce his product on a larger scale. Back in 2007, Doherty was approached by a high-end supermarket that wanted to sell his products and Doherty now holds shelf space in around 184 stores across the UK. By 2007, the company made over $750,000 in sales, and the business continues to grow and spread across the UK today.
School is incredibly important when it comes to business and being able to work to have a good life, but some people are just meant to take another path. Sometimes it works, sometimes it doesn’t, but Fraser Doherty made it work for him. All it takes is a little bit of entrepreneurial creativity and courage.
There is certainly great training that a person can receive in entrepreneurship at the collegiate level. However, to be an entrepreneur, one does not need to have a college major. The most important thing is a great business idea that solves a problem, sometimes that the consumer didn’t know he or she needed. In this case, consumers in the UK didn’t know they needed this jam, but it turns out they do! People are always going to be willing to pay for a great product.
It’s always awesome to see people use their intellectual abilities in a different way than just in the classroom. Also I love how he has utilized something that his grandmother took prize in!
Its pretty cool how he turned his grandma’s jam recipe into a very successful business. Its also true that college isn’t for everyone and that his path is a way to be successful without having a degree.
It’s pretty cool to see how passionate he was for his grandmother’s jams, even passionate enough to drop out of school in order to pursue it even more.
It’s crazy that he was willing to take the risk of dropping out of school to pursue this business. His desire to pursue his grandma’s jams full time shows not only his entrepreneurial qualities, but also his dedication and drive.
Great example of taking a risk to pursue entrepreneurial ideas and having it pay off. Most entrepreneurial ventures require risks of some sort, and sometimes you just have to go for it before you can get any kind of reward.
Although this idea is simple, it is good. Everyone is always after a good recipe, and being able to purchase and make the item yourself is even better.