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Impact Hustlers - Entrepreneurs with Social Impact
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Impact Hustlers - Entrepreneurs with Social Impact

Author: Maiko Schaffrath

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Impact Hustlers features entrepreneurs and changemakers solving the world's biggest problems and creating massive social impact. Hosted by Maiko Schaffrath this podcast shares the stories of those who connect impact with profit and build businesses and solutions that solve problems such as climate change and poverty. Learn how entrepreneurship can be the solution to the world's biggest environmental and social problems.Learn more: www.impacthustlers.com
136 Episodes
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Sançar's Sahin, Co-founder at Oliva, a B2B2C startup that provides on-demand therapy, coaching, and classes. It has previously worked with employees of companies like HubSpot and Sifted. Oliva focuses on effective process matching to build a value-based platform. In today’s episode, Sançar shares his personal story of experiencing burnout while working in a fast-growing startup and the importance of addressing mental health in the workplace.EPISODE HIGHLIGHTS[01:26] Sançar's personal story and getting to work on Oliva.[06:19] Maiko's Mental health journey.[07:39] Getting Mental health support, Online Therapy.[12:50] How Oliva Works.[19:08] Sançar's Perspective.[24:57] Oliva's differentiation factor.[30:09] Achieving wide adoption within a company.[35:27] Onboarding solution.[36:59] Insight into acquiring the first 10 customers.[38:50] Hardest lesson Sancar had to learn.[41:09] The future of Oliva.KEY LESSONS & QUOTES“There are many bad things about the pandemic, but one of the good things is that it accelerated reducing stigma around talking about mental health and accessing help.” [10:09]“Mental health is one of the most important things affecting a business.” [23:05]“To make a meaningful impact on your mental well-being, you can't just focus on preventative  and content-based care.” [25:12]“Bad matches in online therapy cause people to opt out completely because they believe it isn't them."  [26:17]Support the show
In today's episode, I speak to Rodney Williams, who's the co-founder, chairman, and president of SoLo Funds, which is a B-Corp-certified community finance platform that's now used by more than 1 million users. Members can borrow and lend money between themselves rather than go to traditional lenders, loan sharks, or banks.EPISODE HIGHLIGHTS[01:16] Rodney's personal background[03:18] What other alternatives exist[04:50] How does SoLo work?[07:25] When and how do your customers use SoLo[08:56] Difference between Credit score vs SoLo score[11:50] Fighting the step crisis[14:27] SoLo's plan for the future[16:15] SoLo’s expansion to Nigeria[18:22] SoLo's approach to fundraising & growing revenue[19:53] Investors' feedback on the business[24:36] How did SoLo approach investors[27:53] How did Solo get to become[33:04] Undeniable product market fit[37:32] 10-year visionKEY LESSONS & QUOTES" You can't build wealth without growing it. " [12:12]"Subprime product, underserved communities, helping people that usually doesn't sound like a big business you’d want to invest in." [19:44]"Our goal to market strategy is done right and do good because if you can't buy users, you need users to really like what you do.” [21:46]“A challenge that has made this extremely difficult is that the same financial systemthat has created the market that we live in today has created so much discrimination.” [20:30]“The majority of the group who use this predatory product, tend to be women. Women are taking advantage of these products significantly more.” [26:30]“All of the impact investors who have turned down Solo, I think they're a joke.” [24:57]“As we made the consumer experience better, our growth rate accelerated and that's when I knew it was an undeniable product market fit.” (35:01)Never miss an episodeSupport the showSupport the show
Mark Horoszowski, the CEO and co-founder of Moving Worlds, a platform that's supporting social enterprises by connecting them to corporate content and pro-bono professionals that can really help them get ahead.In today’s episode, we discuss how their platform can help social entrepreneurs or if you're in a corporation, how you can actually work with social entrepreneurs all over the world. EPISODE HIGHLIGHTS[00:54] Mark's personal background & journey[09:56] Moving World's impact in transforming business[16:12] How does Moving Worlds work? [22:08] How do corporate partners measure success working with social enterprises?[26:16] Mark's advice on social enterprises understanding how corporates work[31:01] Mark's advice for social founders on when to scale up[36:17] Common mistakes social entrepreneurs make working with corporates[38:53] How can social entrepreneurs join Moving Worlds?[40:11] Mark's (Moving Worlds) 10-year visionKEY LESSONS & QUOTES“You don't need to wait for all of your partnership, create a series of assumptions of who is my target buyer, and do some customer discovery then validate whether that is a repeat business model” [28:59]“As the pilot is starting, what does success look like for you? And if you hit it, what happens next? So you're actually designing for the pilot to be successful and designing for your next sales activation model in place because as soon as you have a data point, not that you've achieved it, but that you're tracking to achieve it.” [32:28]“Often entrepreneurs will get into the room with someone, they will speak so clearly about their mission, passionately about their product or service, eloquently about their organization and they'll walk out not understanding the actual needs of the person that they were just talking to.” [36:57]Moving World’s Program- WebsiteSupport the show
In today's episode, I speak to Krish Himmatramka, the founder of Do Amore, a direct-to-consumer startup that sells engagement rings with conflict-free diamonds. Each ring also funds water projects, which can be traced using GPS coordinates and photos that prove there's an actual impact.EPISODE HIGHLIGHTS[01:05] Krish's Journey[03:47] How the Water Project Happened[07:50] Approaching Do Amore with Traceability[11:56] Verifying source and responsibility of Diamonds/Gold[15:01] Outsourcing Lab Created Diamonds[16:14] Future for mined Diamonds[17:26] The Journey of a Diamond[22:07] Blockchain Tracking[25:17] Hardest lesson building the company[29:49] Acquiring first customers[32:15] Current playbook[34:52] Marketing and growth channels on Organic SEO[36:16] The Future of Do Amore[38:20] Way to change big companies[29:49] Acquiring first customers[32:15] Current playbook[34:52] Marketing and growth channels on Organic SEOKEY LESSONS & QUOTES"The hardest thing I learned is that social impact can only take you so far. To really succeed, you have to go beyond it." [25:23]"When you have so much passion for something, It's very easy to only care about that. But the thing is most of your consumers might not." [26:41]“We got our very first customers by doing things that we didn’t expect to scale” [30:49]“My biggest lesson from starting as a company that had to be profitable was knowing that to really make the mission work, the economics of scale had to work.” [34:09]Never miss an episodeSupport the showSupport the show
Eleanor Kaye, Executive Director of the Newton Venture Program. Program helping people from underestimated and overlooked backgrounds break into the venture capital industry and also advance their careers once they are in the venture capital industry.In today’s episode, we discuss her journey in the venture capital industry and talk about some of the challenges in the industry and how the Newton Venture Program is curbing them. EPISODE HIGHLIGHTS[00:41] Eleanor's personal background & journey[06:17] What is the Newton Venture Program?[11:43] Who is the Newton Venture Program for?[15:35] Root problems of the diversity challenge in the industry?[19:02] Barriers into the VC industry blocking people from underestimated backgrounds[23:35] Are VC roles advertised or relationship-based?[26:55] Work experience’s impact on role growth in the VC industry[29:42] Structural barriers within the VC industry preventing role-growth[33:02] Advice for founders fundraising from underestimated backgrounds[35:12] Eleanor's 10-year visionKEY LESSONS & QUOTES“I think there are misconceptions around venture capital. It's not a get-rich fast, side of a career.” [22:03]“Venture capitalists need to bring in specialist partners to be able to identify good products in these new trends” [30:4]“A massive step is understanding if you want more diverse candidates, then you're gonna have to go to the places that collect the diverse candidates, and that's very cool” [27:29]“It's not even about finding the roles, but it's how you stand out and I think that's quite difficult if you haven't got the background as an investment banker or, potentially, any  experience in venture capital.” [27:56]Newton Venture Program - WebsiteSupport the show
Rene Haas, the co-founder, and CEO of NeoCarbon. A company that has created a product that removes CO2 from the atmosphere by retrofitting industrial cooling towers with direct air capture devices. Direct air capture has been promoted as one of the most promising solutions to climate change.EPISODE HIGHLIGHTS[0:47] Rene Haas’s background.[4:33] Do entrepreneurs have to start from bigger companies before committing to start-ups?[7:45] Intentionality of building a company around your life[11:07] How does NeoCarbon work?[14:49] How far along is the technology? [15:50] NeoCarbon business model[18:16] Business benefits for cooling tower manufacturers[19:06] Clients benefits from using NeoCarbon[20:24] Next steps to achieve target cooling tower solutions[22:16] Inflation reduction act client's impact [23:44] Lessons learned along the journey[29:57] Co-founders therapy, how does that work?[31:31] Is a business start-up exciting or not?[32:58] Rene’s 10-year vision  KEY LESSONS & QUOTES“Hardware is different to scale than software for manufacturing companies” [16:05]“Big companies and manufacturers have crazy high margins on their products hence easier for them to do service maintenance on their equipment” [18:29]”Our next step, is going from lab to the real environment as fast as possible, because we started, prototyping super early, before we had proper models” [20:44]Support the show
In today's episode, I speak to Max Stossel—an award-winning poet and filmmaker, as well as the founder and CEO of Social Awakening. Max has spent the last year speaking in front of more than a hundred thousand students, parents, and educators, talking about how social media and social media addiction affects our lives. With Social Awakening, he has made it his mission to help teenagers thrive in a digital world where apps are radically optimized for engagement by leveraging addictive behavior.EPISODE HIGHLIGHTS[1:05] Max Stossel’s background & Journey[4:20] Lessons learned from working in the social media industry[6:41] How does the social media Economy work for companies?[8:35] Mechanisms behind social media[11:11] Max's views on the world learning to adjust to social media [13:54] What lessons/advice do you give kids struggling with social media addiction[16:09] Action plans for how to combat social media addiction[18:59] What do social media Apps do differently in engagement[21:54] Advice for social media impact-driven founders[26:32] Net positive hours [27:57] Strategies to help in handling social media usage[32:30] Max’s 10-year vision  KEY LESSONS & QUOTES“I’d love to live in a world where all data in social networks was being used to help us improve our lives, to help illuminate new experiences and opportunities.” [12:11]“Having social media values helps when I show up whichever way in the world. I feel good about it regardless of the outcome, if it goes my way or if anybody else joins me.” [26:46]”You already know there is one app on your phone that you're like, I know I should delete that one, but you're just not doing it, stop it, go delete it now.” [28:28]Support the show
Tess Cosad, the co-founder and CEO of Bea Fertility. A company making fertility care more convenient and affordable. The company is leveraging a method called IntraCervical Insemination or ICI, which has proven to actually have a 50% success rate at only a 10th of the cost of IVF.EPISODE HIGHLIGHTS[0:30] Tess Cosad’s background.[1:56] Fertility & Infertility, who actually has this problem?[3:43] How do existing solutions work?[6:27] Why was IUI the go-to treatment?[9:07] Strategy behind bringing back the treatment into the market [12:03] Challenges and barriers in launching the product[14:57] Success factors for the business[17:48] Experiences during a biassed system during fundraising[19:52] Advice for other female founders in that field of work[20:55] Challenges or lessons in building a company [25:23] Thoughts on learning and same time navigating dysregulated environment[27:42] How do you navigate customer feedback vs your perspective[30:15] Future challenges that you need to overcome to make a step forward[32:42] Tess’s 10-year vision  KEY LESSONS & QUOTES“ Fertility is not a women's health issue, and when we make it that we take away the responsibility from men, for their fertility” [2:32]“In the US you're looking at 3,4, $5,000 for a round of IUI. What we're trying to do is deliver this treatment straight to people's homes for a 5th to a 10th of the cost of IVF. ” [4:40]”90% of treatments, require heterosexual intercourse, to be used. What that means is people for whom intercourse is not a part of their family building story, cant benefit from the treatment” [10:21]Support the show
Chieu Cao is the co-founder of Mintago, a financial wellbeing platform for employees offering financial education, financial planning tools and pensions through salary sacrifice. He’s worked for many years at some of the world’s most renowned brands like Amazon,  Microsoft and Yahoo. Before Mintago, he co-founded PerkBox which became one the fastest growing employee service platforms.EPISODE HIGHLIGHTS[1:17] Chieu Chao's background.[4:07] Next step after leaving Perkbox.[6:04] Lessons learnt from Perkbox.[10:34] Overcoming mental hurdles as an entrepreneur.[13:32] Dealing with mental hurdles as a founder.[15:45] How to look for an advisor.[20:18] Step by Step process to building a profitable business.[28:10] Pushing the presale concept.KEY LESSONS & QUOTES“It takes a lot to be an entrepreneur and to really dedicate yourself to this craft. It's not for everyone but if you find it’s rewarding, you can kind of justify the hardships” [1:27]“It is more than just building a big business because there's so many options, so many ways to build a business, so many types of businesses. I'd say choose the model that really appeals to you on multiple levels” [1:48]”Just having experience isn't enough.You need to have resilience.You need to have that resourcefulness,that drive” [5:01]Support the show
In today's episode, I speak to Matt Semmelhack, the co-founder and CEO of Boox, reusable boxes, and shipping bags, eliminating single-use plastic and cardboard from eCommerce shipments. The rise of eCommerce has been massive in the last few years and further accelerated by the pandemic. We'll dive into some of the most sustainable options to reduce the negative environmental impact of shipment.[01:00] Matt's Personal Journey (How he started Boox)[08:09] Comparing the environmental impact of Boox to other solutions[09:41] Boox's initial market segment[12:33] How does Boox work? (Customer Experience explained)[14:39] Boox's value proposition for the retailer[19:16] Key strategies Boox uses to increase box return rates[23:23] Matt's biggest entrepreneurial lessons[29:22] Founding vs Operating - Where are you on the spectrum?[32:40] Boox's 10-year visionKEY LESSONS & QUOTES“Part of my entrepreneurial journey is finding something I really love to think about and & will outlive me” [01:42]“One of the special things about restaurants is that you get to see the customer's reaction to your product in real-time. I’m trying to apply in most of what I do ” [04:43]“Getting real-time feedback is a pretty unique angle into product development.”“There's ~200 billion shipments globally every year. If our solution works correctly, we have the potential to reduce the overall environmental impact of that shipment by 70% or more” [8:25]“When I was a kid, it wasn't cool to be sustainable. People weren't seeking out brands because of it but now they are” [11:48]“Switching to Boox improves your bottom line because of customer retention, acquisition, and loyalty.” [12:11]“If you approach a brand with an environmentally friendly solution but it drastically affects their bottom line, they're gonna say no; it’s just a reality of business today” [15:35]“Getting consumers to shift behavior is probably the biggest challenge we've had and will continue to have” [18:23]“An important thing about working on an impactful challenge is that we see other companies like that as partners, not as competition. Unless we all win, none of us win” [22:30]“Take care of your employees. There is no other greater resource that you have as a company” [24:13]“When you start to think of employees as expenses, your priorities are in the wrong order” [25:04]“As a startup, make decisive actions. You don't have to solve the future state yet. Just get over the next hump. [32:00]Support the show
In today's episode, I speak to Khyati Sundaram the CEO of Applied, a platform helping businesses to take bias out of their recruitment processes through anonymized recruiting, and algorithms that help them predict which candidates will be performing best in their roles, based on objective criteria rather than anything subjective and any biases.The company also offers AI-based tools to help write job descriptions that are likely to attract a diverse set of candidates rather than biasing towards a certain set of candidates. EPISODE HIGHLIGHTS[00:38] Khyati's Personal Journey[05:22] Most common recruitment biases in companies[07:33] Solutions for Debiasing Recruitment[11:27] Understanding how to test for skillsets in a non-biased way[14:56] Integrating Predictive Algorithms &Machine Learning into the Recruitment Process[17:42] Best way for early-stage startups to integrate debiased recruiting[21:45] Job descriptions 101: How to recruit more diverse talent[24:50] Biggest challenges for companies trying to adopt diverse hiring practices at scale[26:59] Applied in Action[31:09] Applied's 10-year visionKEY LESSONS & QUOTES“Working as a Developer in Google doesn't automatically mean you'll translate all those skills well in any other company” [06:08]“As an employer don't just screen based on the CV” [09:55]“We know that AI can aid in adding bias to the recruitment system.  We are working towards achieving the opposite; harm reduction” [16:41]"Most founders neglect the recruitment system - you're only as good as your team." [18:43]"Every company is a recruitment company & until they realize that, things will only get worse" [21:39]"We see Applied as an expression of a fairer society where there's level access to jobs" [31:48]Support the show
In today's episode, I speak to Erin Davis, co-founder, and COO of Enduring Planet, which is a revenue-based financing platform for climate tech startups. The platform allows climate tech companies to raise funding without dilution, without giving away equity, and without any personal guarantees and collateral.EPISODE HIGHLIGHTS[00:45] Erin’s Personal Journey[06:49] What Enduring Planet is all about[09:13] How Enduring Planet lets founders do what they do best[11:13] Enduring Planet's Value Proposition to Investors[13:57] How Enduring Planet implements diversity & inclusion into their product[15:07] Key requirements for founders to get funding from Enduring Planet[17:21] Erin's take on the Macro Environment[18:54] Types of companies Enduring Planet invests in[20:08] Biggest challenges Erin faced as a first-time founder[21:24] Advice for founders in the current climate tech environment[22:56] Changes in the fundraising environment[24:36] Enduring Planet's funding framework[26:21] Enduring Planet's 10-year visionKEY LESSONS & QUOTES"I'm not really scared of failing and if I did, I know I'd land on my feet & find something else to do" [06:27]"There's fewer impact in climate-focused investments that are a fixed income return" [11:39]"As a first-time founder, don't get bogged down in too many details. Done is better than perfect" [20:34]"Ultimately, investors invest in people. If you have that passion & drive to move something forward, they're willing to trust that." [21:14]Support the show
Tom Foster-Carter, the founder of Lollipop, (online shopping assistant ) is on a mission to help solve the health and obesity crisis and reduce the food plastic waste on the planet.EPISODE HIGHLIGHTS[00:13] Tom's personal background & journey[6:26] Lollipop business setup and purpose[12:08] Food waste control mechanisms[15:34] Mistakes and lessons learned[20:57] Reading and not applying[23:43] Intentionality of business build-up[30:18] Sacrifices of “Change the world” entrepreneurs[35:02] Advice for financially scared start-ups[38:52] Tom's 10-year visionKEY LESSONS & QUOTES“An improving next generation expects much bigger, better things, out of the products that they use and the businesses that they support.” [12:29]“You can validate your product by speaking to customers, designs, simple prototypes without an integration, Wizard of Oz style and so on. Those principles were absolutely golden for me.” [16:01]“Fall in love with the problem, not the solution” [21:36]Support the show
Amee Richie and Jake Elliot-Hook, the co-founders of S'wheat Bottle. S'wheat Bottle has developed a reusable plant-based water bottle made from sustainably sourced bamboo and wheat straw For every bottle sold. The company plants a tree and removes plastic from the ocean.EPISODE HIGHLIGHTS[0:34] Amee & Jake's personal background & journey[2:52] S'wheat Bottle’s crowdfunding campaign[3:54] How Amee & Jake promoted their crowdfunding campaign[4:57] S'wheat Bottle’s PR opportunity[5:54] How Amee & Jake spent the funding step by step[7:27] S'wheat Bottle’s production process and materials[8:23] S'wheat Bottle’s material transformation[9:03] How does S'wheat Bottle work?[9:48] Lessons learned in the entrepreneurship journey[14:20] Amee & Jake bottle product development experience[15:21] Product development phase and working with manufacturers[16:09] Lessons learned working with manufacturing partners[18:20] Benefits and differences of working as co-founders[20:27] Dating and co-founding relationship experience[22:35] How to differentiate your product to competitors[25:34] Challenges faced against larger companies[27:07 ] Amee & Jake's 10-year visionKEY LESSONS & QUOTES“When we first started we were very, very stingy with our money, so my bit of advice would be not to cut too many corners” [10:44]“I think it's really important to have the same vision and the same goal for the company as a couple co-founding together and communication skills ” [21:16]“We really want to fight against deforestation, so we always plant trees where they're needed most in the world” [27:18]Support the show
Robin Saluoks, the CEO and co-founder of eAgronom, a platform helping farmers adapt to sustainable farming practices and increase revenue through the voluntary carbon market.In today’s episode, we discuss how he built his company from the ground up.EPISODE HIGHLIGHTS[00:27] Robin's personal background & journey[5:02] Farmers management app[6:37] Using farming to capture carbon and greenhouse gasses[9:33] Impact of farming in battling climate change and farmer’s solutions[12:10] How can farmers impact carbon sequester[14:58] eAgronom’s approach to measurement and verification of carbon emissions[17:21] Barriers eAgronom’s clients face adopting the technology[19:47] Global expansion and lessons learned as an entrepreneur [21:54] eAgronom’s market expansion[24:28] eAgronom’s current markets[25:31] Product translation and customization for different markets[27:25] Robin's 10-year visionKEY LESSONS & QUOTES"Soil after the ocean is the second biggest carbon bank on earth" [10:20]“Farmers need to implement full air crop coverage to help curb carbon sequester” [12:27]“For many farmers, it seems unbelievable that they will get money for selling air but our carbon program covers them” [17:37]Support the show
In today's episode, I speak to Anna Maybank, co-founder of Break Room, a platform with a mission to improve working conditions for low-income jobs by creating transparency, sharing salaries, working conditions, and employee ratings publicly. Break Room has raised more than 7 million dollars in funding from the likes of Pro-founders Capital and North Zone, has about 65,000 members, and more than 600,000 jobs rated on its platform.EPISODE HIGHLIGHTS[00:32] Anna’sPersonal Journey[03:45] Anna’s Founder’s Journey[06:27] How Anna started Break Room (Identifying the biggest problems that need solving)[08:40] How Break Room works [10:35] Break Room's Core Business Model[11:39] How Break Room is working toward solving the societal divide[15:14] Is the treatment of frontline workers improving?[17:37] How Break Room is incentivizing companies to make positive shifts in worker pay & job flexibility[20:16] Biggest lessons in Anna's journey as a founder[23.46] Importance of face-to-face conversations when collecting feedback[25:01] Big Room's main role in the recruitment industry[27:46] Break Room's 10-year visionKEY LESSONS & QUOTES“We started Break Room from the perspective of ‘What’s the biggest problem we could try to solve?’ Then talked to lots of people who had the problem that we cared about” [06:43]“Don't just seek to solve problems that you’ve personally experienced. Go beyond that & listen to others” [08:52]“77% of people who use Breakroom tell us that their head office doesn't understand what's going on on the front line; just a reflection of the divide” [13:08]"Pay is a huge problem. 70% of those who took our survey say that the cost of living increase is the main factor in them looking for a new job" [13:39]"45% of people who use break room report that they get their schedule for work less than a week before they do that work. That makes organizing your life incredibly hard" [14:14]“In the future, I want to see us being able to prove that a company with a higher Break Room rating, with data that shows they are a better quality employer, is able to map that to better financial results and better financial outcomes for a company.” [19:33]"Better quality jobs result in better business outcomes.” [19:50]“Always remember to keep talking to the people who are using your product.” [20:40]“Companies need to realize that, the quality of jobs matters for the health of their business.” [26:17]“The future will see businesses start to value and measure the impact of the quality of their jobs in terms of improving business performance” [28:01]“Break room will be one of the sources of information & data that proves that better quality jobs are not just better for workers, but also for companies.”Support the show
Peet Denny, the founding partner at Climate VC, which is a new venture fund investing in climate tech ventures, and the fund is based in the UK. Climate VC is planning to actually fund a hundred startups over the next three years.In today’s episode, we discuss how he built his company from the ground up.EPISODE HIGHLIGHTS[00:55] Peet's personal background & journey[3:28] How the machine learning model works to track rainforest destruction[5:03] Climate VC journey and thesis[7:22] The SEISEIS fund impact on Climate VC[9:22] Peet's climate tech funding opinion[11:27] Peet's advice to climate tech founders currently fundraising[13:14] Climate tech startups space[16:05] Focusing on the promiseland not the problems[18:08] Biggest rules for success in funding a startup[20:12] Peet's Investment decision-making process[22:04] Managing vision & division in a startup[23:20] Characteristics of a great founder and team[25:33] Peet's 10-year visionKEY LESSONS & QUOTES“Being quite on top of your game in understanding where your impact is coming from. And having the long-term view of making that more and more sophisticated over time, will make it easier for you to raise money.” [12.11]“We wanna see a team that will just roll over all of the rocks in the road without breaking the pace. Typically founders are amazing problem solvers and that's why we love them and need them in our lives. ” [16.22]“ If a potential customer is excited about a product, then that's so much of the problem solved. ” [18:19]“If you look at a founding team as a team and not as a set of individuals, it doesn't really matter who you are as long as you're great in some way” [24:37]Support the show
Martin Holden-White, the founder of Grubby, (one of the highest-rated recipe kits in the UK) is on a mission to make plant-based cooking more accessible across the world.In today’s episode, we discuss how he built his company from the ground up.EPISODE HIGHLIGHTS[00:30] Martin's personal background & journey[02:30] The inception & launch of Grubby (Before COVID hit)[04:20] The relaunch of Grubby[05:56] Competing with big players in the D2C space[07:39] Weaving sustainability into your business operations[09:30] Giving investors an idea to buy into[11:56] Getting the right investors for your startup[13:02] How to use angel fundraising & investment crowdfunding effectively[15:00] How to keep crowdfunding investors involved as advocates for your business[16:07] Grubby: From initial growth to profitability[18:39] Identifying your initial customer segment & scaling further as an early-stage founder[21:43] Marketing & Positioning: Messaging for different customer segments[22:40] The biggest challenge Martin faced as a founder[25:00] Importance of having a support system as an early-stage founder[26:25] Martin's advice on how to structure your life as a founder[30:35] Martin's advice for startups looking to become a B Corp[33:10 ] Grubby's 10-year visionKEY LESSONS & QUOTES“Relentlessly seek feedback” [3:08]“Look for investors that you really get along with. They don’t just care about the money - it’s more about how they can help and be a mentor to you” [3:42]“Sustainability isn’t the cheapest thing to do, but customers hold value in it - that’s why they buy into our product & mission” [7:55]“The early stages as a founder is just about getting as much traction as you can ” [10:21]“In that early stage, when there’s very little traction & revenue, angels invest in you as an individual - a lot of it comes down to personality fit.” [11:19]“Bootstrapping 101 - Be unbelievably conscious about what you’re getting out of every pound you're spending.” [12:32]“The whole thing with crowdfunding is that the crowd follows. So if you have some angel investors already involved already it’ll be easier for them to  believe in your products” [14:25]"Word of mouth is the cheapest way to grow your business. Obvious, but overlooked" [15:47]“Have really clear pillars - spend time creating that on-page document with all the priorities you had at the start of the year. Look at it every so often to reorient yourself accordingly.” [27:40]”Support the show
With the increasing severity of the climate problem, thankfully, there are organizations like Cervest that offer their climate intelligence program to empower companies and individuals to analyze their climate risk and make climate-informed decisions. For this reason, Cervest’s Founder and CEO Iggy Bassi joins us today to educate us on why we need to quantify and act on climate risks. Some of the highlights of this episode include the extremely useful advice that Iggy shares on building a mission-driving business, hiring the right people, finding the right investors, cultivating great relationships with both your staff and investors, and getting through the dark days. He also talks about why you need to marry method with conviction, which he emphasizes a lot, as it has a big role to play for founders when building a company. This is an episode you won’t want to miss.Iggy’s key lessons and quotes from this episode were:“Conviction needs to be high on mission, but also needs to marry with method as well, because the real impact you're looking to make has to be scalable.” (27:17)“There'll always be dark days… The question is, who do you want around your board when times get dark, and do they believe in the same thing that you believe?” (27:52)“You may be very strong on vision, but you've got to surround yourself with the right talent, and you have to build the right culture, because [...] for every power you have, you have a corresponding weakness as well.” (31:43)In this episode, we also talked about:Cervest and how it works (6:32)Why people use Cervest (17:54)Iggy’s hardest lessons learned (26:47)Finding mission-aligned investors (34:55)Support the show
Alex Farcet is Founder of Rainmaking and Startupbootcamp, and these are just two of the many hats he wears. Rainmaking harnesses the power of entrepreneurship to help corporate companies implement innovation and impact initiatives, and Startupbootcamp is currently the largest industry-focused startup accelerator in the world. In this episode, Alex shares what led him to starting these companies and what drives him to keep them going. As someone with tons of entrepreneurial experience, he shares his advice and experiences for founders on fundraising, startups, the impact space, and the like. He even talks about the shift from corporate to startup, and why he works with both. Whether you’re a first-time founder or serial entrepreneur, you’ll want to listen to what Alex has to say.Alex’s key lessons and quotes from this episode were:“There's no secret sauce. You have to be extremely adaptive and aware… There's no formulaic approach. We've evolved over time.” (18:33)“We have to work on these problems. We're talking about my kids' well-being here, the planet's well-being.” (40:23)“The number one difference I see between a doing well Startupbootcamp alumni and not is how well they know their customer… It's, again, customer discovery, customer discovery, customer discovery. There is nothing else.” (48:42)In this episode, we also talked about:Alex’s entrepreneurial journey (9:51)How to make startup and corporate collaboration work (18:29)Mainstream funding for impact-driven startups (35:27)How to secure the right investors (46:57)Support the show
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