Browsing Tag
social entrepreneurship
14 posts
How Startups Can Achieve B Corp Status (and Why it’s Important)
The idea of starting and running a business for any reason other than profit may seem counterintuitive to some. But a growing number of businesses around the world are turning that idea on its head, and showing that business can — and should — do more. During 2020, a 23% growth in global submissions to become...
WJR Business Beat with Jeff Sloan: Consider the Legal Entity Known as a B Corp for Your New Business (Episode 201)
Are you looking to start a business with a social mission? If so, creating a B corp might be the right fit! By harnessing the power of business, B corporations use profits and growth as a means to a greater positive impact for their employees, communities and the environment. Tune in to the Business Beat...
Embrace Your Bold Ideas: 3 Tips for Securing Investment During the Pandemic
Entrepreneurs are still the future of the economy. Entrepreneurs push innovation forward and find ways to solve the unique problems presented by COVID-19. Encouraging entrepreneurship requires investment capital and acquiring capital means investors must be willing to find opportunities during these uncertain times. Recent history shows it’s possible for investors to find great investments during...
Brand Advocacy: Can Brands Drive Social Movements?
The following excerpt is adapted from “Brands on a Mission.” Dr. Myriam Sidibe, author of "Brands on A Mission," is one of the world's leading experts on how brands can meaningfully adopt social causes to create lasting, transformative change. The strongest brands stand for something bigger than the products they sell – they stand for...
Why a Certified B Corporation is the Secret to a Sustainable Business
In 2019, the Business Roundtable issued an open letter called “Statement on the Purpose of a Corporation,” in which 181 CEOs signed the letter, stating that they pledged to lead their companies to the benefit of all stakeholders. Who makes up all stakeholders? This group compromises more than just a corporation’s shareholders; it also includes...
BIGGBY Coffee Co-Founder Shares His Company’s Journey to Conscious Capitalism
The purpose of starting a business is not to make a profit. The purpose of starting a business is to find profitable solutions to the problems of people and the planet. Conscious capitalism takes Milton Friedman’s theories of shareholder supremacy and throws them out the window. The philosophy of conscious capitalism has four tenets: Higher...
Detroit Startup Week 2020: The Final Recap
Any entrepreneur hoping to start or grow a business could do worse than review the wealth of tips, lessons, encouragements, and examples offered last week during Detroit Startup Week. StartupNation · Detroit Startup Week 2020: The Final Recap Created and sponsored by Quicken Loans, Detroit Startup Week is an annual five-day celebration of all things...
Detroit Startup Week: Thursday Recap
If Detroit Startup Week is demonstrating anything, it’s that the startup world is adapting to the new normal created by the coronavirus lockdowns. As they say in the theater, the show must go on, and Detroit Startup Week, a week-long virtual celebration of all things entrepreneurship, is offering a wealth of tips, training sessions, and...
Detroit Startup Week feat. John Henry and Chris Lambert
This episode of StartupNation Radio is sponsored by DBusiness, Siren PR and Dell Small Business This week, we took StartupNation Radio on the road! In honor of Detroit Startup Week, we livestreamed 16 interviews within two days from the Lear Innovation Center, sitting down with renowned entrepreneurs, passionate thought leaders and innovators, all of whom have...
How Combat Flip Flops Used its Brand Story to Become Bigger Than its Products – And How You Can Do The Same
As a brand strategist, I am someone who is obsessed with startup innovation, the power of design, enhanced customer experiences and brand-building as a whole. Yet last year, I started to stumble across more and more commodity product-based startups that won over consumer’s hearts by storm. That started to fascinate me. If brands can gain...
6 Ways to Profit With a Purpose as an Entrepreneur
Doing well is hard enough for most entrepreneurs. How on earth are they supposed to make their business a force for good, too? Six altruistic members of The Oracles share how you can make the world a better place while building a wildly successful company for profit. 1. Start today, no matter what The best advice is: start...
Choosing Your Best Pathway to Purpose Through Entrepreneurship
The following is excerpted from "This Is How We Rise: Reach Your Highest Potential, Empower Women, Lead Change in the World" by Claudia Chan. Copyright © 2017. Available from Da Capo Lifelong Books, an imprint of Perseus Books, LLC, a subsidiary of Hachette Book Group, Inc. In the context of purpose-driven pathways, I define an entrepreneur...
Starting Up Later in Life: Q&A with Leading Authority on Encore Entrepreneurship
With life spans increasing, the person who retires at 65 may have several decades of life ahead of them. Instead of spending that time on a golf course or an endless vacation, many older Americans are launching businesses, often with a desire to solve a social problem or to fill a need they’ve witnessed firsthand....
Global Impact: Social Entrepreneurship Companies
Blake Mycoskie visited Argentina in 2006 and saw children walking in the streets outside Buenos Aires without shoes. He was inspired to take action after learning how shoes are an effective way to combat disease. Nearly one-quarter of the world’s population has soil-transmitted infections, according to the World Health Organization, and they affect the poorest and...