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Building social impact startups for profit AND purpose - Stories of change

Building social impact startups for profit AND purpose - Stories of change

Auteur(s): Elton Coelho
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À propos de cet audio

Allow me to introduce myself. My name is Elton, and I am part of the founding team at build3.

I love to write and interview interesting people. And I love watching impact founders grow and build startups. So, I decided to merge the two and create a podcast and newsletter for folks like yourself.

People who are interested in building startups for profit AND purpose.

The “AND” is essential.

Building startups solely for profit can be detrimental to everything around us. Building exclusively for purpose may make your path to financial sustainability murky.

And that's why build3 exists. To help founders (and wannapreneurs) build startups that create a positive impact AND are financially sustainable.

Through this podcast, I will shine the spotlight on social impact startups that have successfully managed to marry profit and purpose; helping you learn how the founders went from a fledgling startup idea to scale , and everything in between.

I am excited to be part of this journey with you. Let's dive right in!

P.S When I am not working, you can find me on the basketball court trying to get my Jordon on or getting “voluntold” to sing an Elton John number 😉

 Finances personnelles Gestion et leadership Économie
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  • Episode 1 - How to start a sustainable fashion company in India

    Episode 1 - How to start a sustainable fashion company in India
    Jul 23 2024

    When I was interviewing Udit, what struck me was how gracious and humble he was even after pulling off a near-impossible task.

    Through Ecoright, Udit and his wife Nikita upended the notion that sustainable fashion has to be expensive. Their range of bags are stylish yet affordable. Not to mention good for the planet and everything around us. (Ecoright is a certified B-corp - the gold standard when it comes to businesses that do good)

    I sat with Udit to learn more about how he built Ecoright

    Enjoy!

    0:00 Trailer

    1:01 What is Udits background and why did he create Ecoright?

    6:55 What makes Ecoright stand out?

    11:00 Is the Indian market ready to adopt sustainable products at scale?

    13:51 How did Udit validate his product in the early days?

    19:09 What were Ecorights biggest challenges in the early days of the journey?

    23:28 Ecorights approach to fundraising

    28:50 Hiring challenges at Ecoright

    32:24 Marketing to millennials and gen z's

    37:40 The allure of sacrificing purpose for profits

    45:05 Misconceptions about running an impact business
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    52 min

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