Top Countries around the Globe for Budding Expat Entrepreneurs

Globalization lets the bold entrepreneur start doing business anywhere around the world. You just have to assess your preferences and decide where you can make the most of your business concept and the local conditions. With this in mind, here are seven countries around the world that lend themselves to being ideal for foreign entrepreneurs.   

The Ease of Doing Business Rank

When you are planning to do business in a foreign environment, it might be worth considering how welcoming that environment is to foreign investors. The World Bank publishes a report each year on the ease of doing business around the world. They consider several factors, and then create an overall ranking based on all of them.

New Zealand

New Zealand ranks first for starting a business and getting credit, while it is also among the top of the crop regarding registering property and protecting minority investors. Locals are highly environmentally concerned and would go a great distance to preserve the natural beauty of their country, which makes it an ideal destination if your startup is based on social entrepreneurship, trying to give back to society and the environment.

For foreign investors, there is an external affairs help desk to support any foreign investment procedure. However, you should keep in mind that the local market is in fact quite small with only 4.7 million inhabitants on the 2 huge islands, while taxes are also high: corporate tax is 28%, while VAT is 13% in New Zealand.

Denmark

Denmark consistently ranks very high regarding most factors of easy business. The lowest indices are rank 45 for the ease of starting a business (which is still in the middle tier for European company formation), even though registration is fully electronic, and 48 for getting credit. While Denmark accommodates world-class companies in various industries, the country is most well-known for its cleantech companies, thanks to 40 years of working towards ambitions goals in sustainable energy generation and sustainable growth.

Other outstanding fields include biotech, life sciences, and the food industry, which are all characterized by constant innovation. Local talented professionals speak English well, which is a benefit for foreign company owners. While the Danish population is only 5.6 million people, a local company grants you access to the European market. Mind you, Danish corporate tax is 22%, while VAT is 25%.

Singapore

Singapore can be your strategic gateway to South East Asia if that is where you want to expand your business. However, it offers excellent connectivity to everywhere around the world thanks to its extensive sea and air connectivity. This way while the local population is only 5.6 million, you get access to a vast market through Singapore regardless of which industry you are active in. You will also find that local work force is productive and dedicated to work. While attractive tax frameworks and extensive trade agreements facilitate business and trading across borders, keep in mind that corporate tax is 17%, and GST (goods and services tax, the equivalent of VAT) is currently 7%, to be increased to 9% within a few years.  

United Kingdom

The United Kingdom was the leader of the industrial revolution, and it has been a leader in various industries ever since. Whichever industry you are interested in, you will find strong infrastructure with constant development, recently with increasing focus on sustainable growth. The population of 66 million brits offers not only a considerable market but also a vast pool of skilled employees.

And while Brexit currently underway might be a reason for some instability, making it not necessarily the best place for European company registration for now, Brexit also promises better positions to the UK with quicker reaction time to global events. The 20% corporate tax and the 20% VAT should also be kept in mind, together with the option for cheap online company setup that lets you start your operation pretty soon.

Hungary

Hungary is a stable member of the European Union since 2004, which grants access to the entire EU market besides the local 10 million population. It is located in the heart of the continent with excellent infrastructure and connections to every region of Europe.

The procedures for company formation and registration in Hungary make it a great choice when moving your business to Europe thanks to the 9% corporate tax which is the lowest in Europe (although VAT is among the highest with 27%) and the instant EU VAT number that lets you start international trading as soon as your bank account is set up (which lets Hungary rank first in the “trading across borders” category of the World Bank report).

USA

The United States, as the world’s biggest economy, may seem attractive to many investors. It ranks 6th in the overall Ease of Doing Business list of 2019. Many global corporations have their headquarters here, and it is indeed a paradise for free trade and innovation. Before starting a company in the US, however, you should seek detailed advice especially on taxation.

The US law is governed on federal, state and local levels, so the conditions for operating your US company will greatly depend on the state where you are registering it. Moreover, if you also gain US residency, keep in mind that residents of the US are subject to tax on their worldwide income, not only that generated in the USA.

Georgia

Georgia is located exactly between Europe and Asia, offers significant incentives for foreign investments and business operations in the country, which make it an ideal location for an ethical business. While the local population is only 3.7 million, Georgia is culturally similar and geographically close to Russia, which makes it an easy target country, even is there are some territorial disputes between the two.

The business-friendly community is recognized by various international rankings thanks to its reliable infrastructure, low taxes (5.75% corporate tax, 18%VAT), and high state credit ratings, although company formation is a bit slow, taking about 4 weeks. This is complemented by the Georgia Quick Start training program that supports the education of skilled workforce in fields required by specific companies creating new jobs.

Find Your Place in the World

Before you can decide where to expand your existing business or where to set up a new company as a foreigner, make sure you have a clear vision of what you want to achieve and what are the main requirements of reaching that goal. This way you will surely find the best country for your expat enterprise.

Tourism as Consumption: How to Be Conscientious Consumers

This article aims to discuss the importance and merits of initiating discussions about tourism in terms of consumption. This is especially important since, more often than not, tourism is presented as something that is constituted mainly, if not entirely, by leisure and enjoyment.

In this context, reframing discussions in terms of consumption has the advantage of encouraging both tourists as well as professionals in the industry to plan for safe, sustainable, and accountable consumption. This call for cooperation is also beneficial because it does not alienate tourists or place the blame and onus squarely upon them. Instead, it illustrates that true change can occur only if tourists and industry professionals act in concert. In effect, this approach focuses on the dimension of responsibility, which is central to the ethos of sustainable tourism.

Being Realistic About Sustainable Tourism

Although tourism is considered an important economic activity by all parties concerned, it is essential to recognize that sustainable tourism does not involve the complete elimination of tourism’s adverse effects—be they environmental, socioeconomic, or political. This is not to say that the adverse effects of tourism cannot be alleviated. On the contrary, this realization allows us to better examine the way things really are and look for relevant, employable measures. 

Additionally, this realization also enables us to effectively counter arguments put forth by detractors of sustainable tourism, especially claims about the futility of the efforts aimed at making tourism sustainable. In other words, this realization allows us to work toward attainable goals rather than adopting either a pessimistic outlook or an excessively idealistic one, which can also be equally debilitating.

Unsustainable practices and overtourism are arguably the biggest impediments to maximizing the benefits of tourism. In fact, as things stand, unchecked tourism might not only jeopardize a gamut of resources directly related to tourism but also those that are not directly related to it; some would even argue that rampant, unchecked tourism has already endangered natural resources.

Tourism, it must be said, is a complex thing: it is, simultaneously, both a threat and an opportunity, which makes regulation all the more necessary. Fortunately, however, regulatory measures do not necessarily have to be implemented top-down—that is, they do not have to be initiated, planned, tested, and implemented by governments. 

The Importance of Simple Measures

Tourism is in dire need of swift, direct action, and given the number of tourists and industry professionals (one in five jobs created worldwide in 2017 were tourism-related, and as of 2018, the number of international tourist arrivals stands at a staggering 1.4 billion), the impacts of positive change are likely to be humongous. Which means we do not necessarily have to wait for lobbyists to influence public policy.

We, as tourists and industry professionals, have the opportunity to lead the way with simple measures. Perhaps the biggest advantage of simple, straightforward measures is that they can be modified to suit diverse geographic and cultural needs. This is especially crucial since there really isn’t a universal solution to problems engendered by tourism and overtourism. Simple measures are flexible and particularly amenable to tweaks and improvisations. Here are a few ideas we can all adopt: 

There is in fact quite a bit tourists and travelers can do to make their vacation a little more sustainable. 

1. Research before you visit. 

We can research the places we’d like to visit. This involves familiarizing ourselves with the sociopolitical, cultural, historic, and ecological aspects of our destination. It is also critical to know whether tourism, too, has spawned particular problems in these regions. We could try and not add to this. Being prepared certainly does not solve the problem, but it may at least equip us with vital information and make us appreciate the need for change and ethical action.

2. Choose better forms of transportation.

We can walk or cycle to destinations that are not too far. Alternatively, we can utilize public transportation or other forms of communal transportation such as carpools or buspools. Seen in the context of the amount of fossil fuels required for tourism-related transportation, these simple measures are perhaps the need of the hour. For instance, this study notes that 72 percent of tourism’s carbon dioxide emissions come from transportation. Ensuring sustainable mobility, therefore, may be one of the best ways to make tourism sustainable.

3. Make sustainable tourism the norm. 

Similarly, tour guides, hotel and restaurant owners, and other industry professionals can do their bit to emphasize the need for sustainable, conscientious tourism. The internet has not so much rendered pamphleteering obsolete as it has transformed it.

It would be deeply beneficial to make critical information easily accessible in the form of tips and friendly suggestions. This includes information such as things tourists are expected to avoid, things they are encouraged, obligated, or even required to do. Which means it is equally important to shed light on practices that constitute unsustainable tourism.

Proactive Regulation: Creating Conscientious Tourists

Why proactive regulation? Because it might just drive home the point that if we have the right to travel then we also have a duty to be conscientious tourists. In effect, proactive regulation places equal emphasis on duty. This is especially salient given the proliferation of growth-oriented public policies. As Miller and Spoolman argue in their work titled Environmental Science, the biggest impediment to sustainable living is our emphasis on economic growth. Growth, they argue, is only a partial measure. The rabid pursuit of growth alone does not and cannot ensure quality of life, sustainable living, or development.

This may be a hackneyed argument, but it is deeply relevant in the context of sustainable tourism. Governments that rely on tourism for swift economic growth typically focus extensively on numbers.

They actively aim to attract more and more tourists and are characteristically averse to regulation. This not only endangers the destinations they aim to promote but also threatens tourism itself. Which means excessive focus on growth is deeply counterproductive and self-destructive. Governments will also have to deal with large-scale unemployment if tourism becomes impossible.

Observers who call for proactive regulation typically suggest either limiting the number of tourists or cordoning off tourist spots for short durations for maintenance and replenishment. There is considerable heft in this argument. Some of its merits are as follows: 

Contrary to popular belief, an off-season may not necessarily mean temporary loss of income or jobs. Instead, industry professionals could be employed to implement and test shortlisted maintenance measures.

Additionally, the off-season could also be used to train industry professionals to create awareness about the need for sustainable tourism.

As one can see, tourists and industry professionals have the unprecedented opportunity to be exemplars, to lead the way not necessarily with drastic action, but with simple measures.

3 Simple Ways To Maximize Digital Transformation Values

The digital transition concept has, over time, become a hot topic for all enterprises, no matter their size. However, the reality is that many small enterprises are yet to get where they wanted to see themselves. Technology disruption is happening at a pace that most enterprises can’t keep up with. Some organizations are looking to take their digital transition to another level, whereas others are just starting to formalize their digital transition plans. Either way, these three tips can help an enterprise make the most out of its digital transition journey.

Consolidate Your Architecture

Enterprises can modify or change their application architecture to take advantage of cloud computing, such as alternate data storage capabilities and serverless functions. Architecture consolidation is all about an enterprise achieving maximum value for its effort. It is easier for an enterprise to change or modify its architecture when it has several subsystems or when it is starting a new project. With a new subsystem, an enterprise can take advantage of the cloud without rewriting its existing systems.

Leverage Automation and DevOps

Digital transition is all about keeping up with trends. You don’t have to be too quick or slow when digitizing your enterprise. Instead, make sure you keep pace with competitors so that you are not left behind. Smart organizations are leveraging the power of automation and DevOps to provide value to their customers and increase the value and quality of their products. The market is cluttered with a lot of solutions that can help enterprises make automation part of their IT infrastructure. So, it is merely a matter of looking for an automation solution that fits your budget and needs. One reason to leverage automation and DevOps after migrating to the cloud is that cloud solutions will influence most of the tools that you will be using. However, enterprises must make sure that their tech stack plays well before migrating to the cloud. Perhaps you want to use the cloud only for existing applications. However, exploring how you can automate your processes can help maximize your digital transition impact.

Explore the Cloud 

Different people view the phrase “digital transition” differently. It can be about digitizing customer interactions or taking offline processes online. It can also mean converting physical resources and products to digital products. Others view it as simple as moving their services online. Digital transformation can mean different things to different enterprises, but the first step to digital transition is to consider how the cloud can fit into your strategy.

The cloud is revolutionizing all businesses, irrespective of their size. It is changing the way enterprises engage with their customers, design their products, and operate. Migrating to the cloud isn’t a walk in the park, so don’t despair if you are struggling to move to the cloud. An enterprise must understand where it can derive the most value from itscloud solutions. For some organizations, moving everything to the cloud doesn’t make sense. Be strategic and take time to figure out which applications and workloads should be transferred to the cloud. Most enterprises can move a large portion of their tech stack to the cloud. However, there is a need to have a clear policy so that your enterprise can stay organized and make the most out of digital transition. Weigh the cost of migrating against not migrating and determine what best suits your enterprise. When weighing the cost of not migrating to the cloud, consider the competitor’s agility to scale and change and try to quantify the market share loss.

Keeping up with digital transition trends isn’t easy. However, going digital is critical for any enterprise that doesn’t want to be left in the dust of its rivals. With these three tips, enterprises of all sizes can take advantage of the incredible values that come with digital transition. Migrating to the cloud may seem costly now, but its benefits are worthwhile. Enterprises in the digital era must look for ways to maximize the value of digital transition to stay ahead of their competitors.

Andrew Savage: How Do You Disrupt Urban Transportation & Tackle Climate Change?

Why Lime Has 100 Million Reasons to Celebrate a Greener Urban Landscape

Listen to our exclusive interview with Andrew Savage:

 

Subscribe to this show on Spotify  |  iTunes  |  Stitcher  |  Soundcloud

Pedalling into the Lime-Light One City at a Time

The business world reads The Art of War over its cornflakes every morning. It takes competition that seriously, so it’s terrified that China is stealing America’s wealth. The business world wants to know if mid-sized companies can really nab a share of Fortune 200 profits and, by the way, can a company survive if its shareholders have stock in rival companies? The business world is not too sure. I mean, is a competitive advantage even possible when globalization is this far-reaching? The business world needs to know because Harvard Business Review doesn’t advise rival companies to join hands and sing kumbaya. Entrepreneurs have secrets, dammit, and if they expose them, all hell will break loose…

… Well… Except for Andrew Savage. Andrew keeps fewer secrets because he thinks direct business rivals should join hands. He’s turned his competitors into collaborators — and they’re marketing his business on this behalf, traditional business practices be damned.

Soaring into a Flooded Market

You might not have heard of Savage’s micromobility company, Lime, but you’ve probably seen its scooters zipping along the streets in your city. Need a first or last mile ride? Just log into the Lime app to find your nearest scooter, then enjoy your sparkling conscience for travelling carbon-free. Lime could have positioned itself as a smartphone-empowered Lyft for scooters or a public transport alternative, but then it would have needed to compete in an already-flooded market. Savage and his partners chose a more collaborative model, and that’s made all the difference.

These days, when you open your Uber app, you’ll find a Lime scooter in your area. Google Maps will give you ride costs, ETAs, and battery range. No wonder the micromobility business has just achieved 100 million rides. It’s scored marketing gold through some of the world’s most powerful brands, then slotted itself into everyday lives by harnessing our favorite digital tools. 

The City of the People

Before humankind began wearing its social value as an emblem on the bonnet of its Ferrari, pedestrians ruled the roads. The Walking City of 1890 was a wonderland of horse-drawn carriages and sprawling parks. Ford’s revolution swallowed the landscape in only a decade. Cities were for cars, not people, so national parks shrank. Playgrounds vanished. Sportsgrounds became less common, but the new mobility movement hopes to undo all that change. It’s slowly producing a more walkable city, and Lime is coming along for the ride. Stark raving bedlam is slowly becoming a thing of the past for traffic-jammed cities, and we have a little green scooter partly to thank.

Minding the Gaps

Lime serves 120 communities in over 30 countries, and it’s growing at a staggering pace. That’s good news for the blue planet. The company has prevented 25 million car trips during its short life. That’s more than 9,000 tons of carbon saved, but that doesn’t mean all local governments have welcomed Lime with tea and cupcakes straight away. Scaling a business that comes without codes and sub-chapters requires more than mere strategy. It demands stubborn ambition.

Many cities lack the ordinances for a Lime-served city — a challenge that would chase most entrepreneurs away from the micromobility niche entirely, but not this startup. Lime confronted the issue head-on, helping to draft the Mobility Data Specification and a set of model regulations to serve handpicked governmental partners in every city. Sometimes they were counsellors, sometimes, stakeholders, but they were always passionate about clean transportation. Still, the micromobility niche has required Savage to move in a hundred directions at once, but his experience in the renewable energy industry equipped him for that.

Lime might have eschewed tradition in some ways, but it still sees the wisdom in old fashioned business practices. It has its eyes firmly on its biggest growth markets: cities that are built for pedestrians with high gas prices, traffic densities, and interest in climate solutions. In many ways, its smartest efforts have been in creating a sustainable niche, whether through competitors, governments, or prime locations. The brand has embraced a circular economy in which consumers seek access rather than ownership, and to serve it, it offers simple things: reliability, freedom, and affordability.

The Community-Driven Brand

Tech innovators like Airbnb and Uber scrambled into cities asking for community forgiveness — a move that won them plenty of bad press. Lime decided to ask for permission instead. “At the highest level,” says Savage, “we’re looking to create more just, equitable, and liveable communities.” You can’t help a community by storming in and trampling everything, so Lime decided to prove itself on a small scale before fighting the big guns in New York and Chicago. “Crawl, walk, run,” says Savage, so crawl is exactly what the startup did during its first year. Its willingness to earn trust pushed it ahead of rivals who launched at the same time. The more it walked through pilot projects, the easier it became to get cities to take it seriously. Now it’s running headlong into a cleaner future while competitors scrounge for scraps of the marketplace.

Thinking Big

It’s pedalling towards a carbon-neutral future, but it also wants to change the bread-and-butter lives of humanity. Its scooters, says Savage, give people joy, whether in the form of more family time spent outside of traffic jams or more gas money in the bank. The startup markets a lifestyle, not a product — a value, not a service, so storytelling is a core component of its campaign.

Lime’s company culture lives through the ethics of its founders, so it’s one of the few tech innovators who’ve demonstrated consistent values. Like all social impact niches, the micromobility movement has its detractors, but that’s okay because Lime isn’t finished honing its goals just yet. It’s committed to a 100% renewable energy fleet that will one day include e-vehicles, and it’s constantly rethinking its climate solutions. An evolving social impact business is always just one more step away from achieving perfection, and the world is paying attention.

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Transcription of Interview (Transcribed by Otter.ai; there may be errors.)

Adam Force 0:00
Hey, what’s going on everybody? Welcome back to the Change Creator podcast show. This is your host Adam Force coming to you from sunny Miami. I love these winter months. This is the best time of year for us. I know some of you are struggling with the cold weather. My wife and I were just in New York City. And man, we did forget a little bit just how brisk it can get. But we did miss Brooklyn and Manhattan so we had a good time out there. And so speaking of Miami, I don’t know where you’re from, where you might be listening in from, but around certain cities, you’re going to see scooters.

Scooters are all over the place. And they’re doing these tests to modify, update, enhance urban living, it’s called the micro mobility movement. And then they’re having an incredible impact on the transportation industry and the impact is in social and environmental areas, right? So we’re going to talk about that today with Andrew Savage. So one of the major brands out there is called Lime. So if you’ve seen these scooters, you’ve probably seen a Lime scooter, and they have over 100 million rides on these scooters so far, and the impact is incredible. So who we’re talking to is Andrew Savage. He’s the Vice President of Sustainability, and part of the founding team of Lime.

They’ve raised a ton of money, and they’ve had a huge impact, as I mentioned, over 100 million rides. So we’re going to talk about how do you disrupt the transportation world as an entrepreneur, right? How do you get into this type of thing? It seems so complicated, like so I always want to know how to break into this type of category, get, you know, cities on board and you know, set it all up all that kind of stuff? And also, what does it mean, what’s going on in the transportation industry? I think this is a major area for entrepreneurs to be thinking about. So we wanted to talk about this and what does it mean to climate change as we shift and transition our transportation habits, right?

So this is a pretty awesome conversation I’m excited to have and share with you guys. So if you missed last week’s release…actually, we didn’t do one over the holiday. I’m lying. We didn’t do one over the Thanksgiving holiday. The one before that was with me and Amy. We did a discussion on why your online sales might not be you know rocking and rolling the way that you hoped. So there’s a lot of valuable nuggets in there so hopefully you got a chance; you can check it out. If not, go back you can have a listen to that conversation. I think you’ll get some good nuggets out of it. All right. And last but not least, don’t forget to stop by changecreator.com. We have a ton of fresh content up there for you all to check out and follow us on Facebook, guys. We do a lot of good content on there. And if you want to get serious, we have our Facebook group, the Profitable Digital Impact Entrepreneur, you can find us there. Alright, let’s get into this conversation with Andrew.

Announcer 2:56
Okay, show me the heat

Adam Force 3:01
Hey, Andrew, welcome to the Change Creator Podcast Show. How you doing today, man?

Andrew Savage 3:05
I’m doing great. Thanks for having me.

Adam Force 3:07
Yeah, I appreciate you making the time. I know you are super busy. And just looking at all the things you guys have accomplished. You’re a bit of a baller. So I’m really interested in digging into how all this came to be. So if you could just tell me a little bit about just what’s going on in the world of Lime today. What are the most current events? What’s happening with you guys?

Andrew Savage 3:30
Yeah, sure. Well, thank you. Again, it’s great to be on the show. And, you know, we have a lot going on. I think a couple things that we’re most focused on right now is both expansion around the globe, we now serve over 120 communities in orver 30 different countries. And at the same time as expanding, really focusing on our business, on profitability, and improving product and hardware. So when we’re moving, we’re always moving quickly in a bunch of different directions. So it’s a complicated business because you really can’t afford not to be moving in a lot of different directions at once.

Adam Force 4:09
Yeah, yeah. Interesting. So let me…so now let’s just give a little bit of background how you got there. Right. So all this exciting stuff. What were you doing before Lime and what was the epiphany or the transition to Lime?

Andrew Savage 4:24
Yeah, so I had my sort of earlier part of my career I had worked in government and politics and environmental policy and energy policy. And coming out of that and experience working in Congress where I realized we weren’t going to get as much done on the climate crisis or on other challenges that I had felt like we urgently needed to address. I shifted to the renewable energy industry, and spent six years in solar and wind development.

And really an amazing experience both understanding project development, understand the implications of how to grow a business and scale a business. And in many ways the transition to transportation with Lime was a natural one because I had spent that period talking a lot about and thinking a lot about how do we electrify our transportation system? How do we make transportation cleaner? It was one thing to be doing solar for a home. But it’s another thing from a climate perspective to be shifting our economy to run on renewables.

Adam Force 5:26
Yeah, yeah, it’s true. And you know, I always look at cities you know, I love New York. I lived in New York, I lived in Philly for six years and all that stuff and I always look at things I’m like, you look at historical design and I’m like, some of this is just not good design for you know, what we would look for today when it comes to sustainability and you know, whether it’s the transportation you see all the cars the congestion and all this kind of stuff. So you start thinking about these, you know, scooters and I guess you guys call it. What is it? Micro mobility, right?

Andrew Savage 6:00
That’s Right. Yeah.

Adam Force 6:01
I love that. And you know, we just started seeing all these lines of scooters and this whole movement taking place. And it seems like you’re almost like you said, you’re creating a shift and it’s almost like a cultural shift in transportation, right?

Andrew Savage 6:16
Yeah, I mean, it really is. And I think you raise a really good point that I don’t think a lot of people think about the cities that they live in today, as having evolved over a very short period of time as quickly as they did when the car was invented. So not much longer than 100 years ago, there were no cars in any city around the globe. And we in a matter of a decade or two, cities were transformed into car centered communities. That meant you lost parks, that meant you lost space for the community and that you lost stickball in the street, all kinds of you know, vestiges of the past.

And I think when you look at communities today, it’s very hard to see what the future could look like when you project what you want to see them be. And so, you know many ways, I think micro mobility and what we’re up to with scooters is sort of the pointy spear among other changemakers in this space because we’re really trying to envision the city of the future at the same time as we’re deploying programs in cities of the present.

Adam Force 7:23
Yeah, yeah, I love that. Yeah, I always thought about like public transportation systems and all these different things that would be helpful. Like, I always thought about cities being more circular like so things can just easily go in a circle, like a train. And so when I see the you know, micro mobility movement that you’re part of, I just find it so much more flexible. It’s just easier, it’s more affordable. I mean, there’s so much benefit, and I love walking around the cities but sometimes you know, it’s 90 degrees out and after I just get on a subway or I have to walk 10 blocks, I’m going to be a sweaty mess when I get to work. So yeah, scooter’s a lot easier for sure.

Andrew Savage 8:05
Yeah. I mean, I think what you’re… I think that’s exactly right and the business proposition that we started with as a company was, was when the industry was essentially called dockless bikes or scooters hadn’t even been invented yet. But this was just two and a half or three short years ago. And the premise was that the freedom and flexibility of not having to go to a docking station, which was the traditional model, in shared mobility, would free people up to use the product more. And we’ve actually seen that. And people love the flexibility that will get from point A to point B, without a restriction on what that point B looks like, which is, frankly, that’s how people operate, right? You don’t plan your day, generally around where a docking station is for shared transportation. And that’s the premise that we’re operating under and the freedom and flexibility that we have.

Adam Force 8:57
Love that and that’s the number one reason I never use the bikes. I was like, I’m not going to go hunt down some docking station. But the scooter, it’s like, oh good, boom, you just go wherever you got to go, you leave it, you’re good to go. So that’s a huge step forward. And it kind of leads me to just start thinking a little bit of like, when Lime was ideated I mean, you look at this as a younger entrepreneur, and you’re thinking about business and getting into a big space like this, it’s kind of daunting. And I feel like there’s a lot of complex, you know, barriers to get around. So what have been some of the bigger challenges in getting Lyme started?

Andrew Savage 9:38
Yeah, I mean, I think one point I’ll make is, I think there’s an important element that you can’t know everything and if you are someone who wants to be able to dot every I and cross every T and have surety in your decision, it’s pretty hard to be launching into something like a new space, a new business, a new venture like this. You sort of have to throw some caution to the wind, and, and trust. And I think part of that trust is also knowing that you’re entering a space that you really care about, because I think that gives you a lot of ability and energy and latitude to, to put both, you know, to jump in with both feet and dive in. You know, so I think that’s sort of one of the basic premises that I would share that feels key to me.

I think the big challenge is, really, to get to your question more, because it was an unknown space, the Government Relations and sort of marketplace that we were operating within was a big unknown. That happens to be my background. I certainly love the challenge of this. But we were essentially asking communities to accept us as a business in a case where they didn’t have regulations on the books. They didn’t know what to do with our business, right?

They couldn’t look at some code or some sub chapter within there, you know, you know, within their city rules and say this is where you fit in; it was different for every single market that we went into. The second thing that we also ran into and the challenge that we had was in an era where you had Uber, Airbnb, other tech innovators that went into cities and asked for forgiveness rather than permission, cities were on alert, and they did not want to see businesses or see dockless, you know, bikes or scooters, enter communities without more of a partnership. And so we very quickly established a practice and really a mission of working with cities in a collaborative way, which I think has clearly served us well.

Adam Force 11:47
I mean, who do you even start talking to in the cities? Where does that even…the conversation begin?

Andrew Savage 11:54
It really varied from city to city. I sort of laugh here because one of very first communities was in South Bend, Indiana — Mayor Pete, who’s now obviously running for president, a great innovative leader. But I think it really varied market by market. Sometimes we found a city councilor was extremely passionate about mobility and transportation. Sometimes we found the mayor wanted mobility and transportation, sometimes we found the Department of Transportation director. So it really was a matter of finding a key stakeholder within the community that could be an advocate for us, that could help us navigate entering the community in a way that was productive for both the community and for us in the business.

Adam Force 12:37
Gotcha. Yeah, that makes sense. And I guess that leads me to be curious about you know, there’s a lot of people where it’s like, Great, now I can go hustle and find, you know, a city councilor, whoever that might want to…I might be able to get their ear, but what did you need in place already for them to take you seriously?

Andrew Savage 12:58
Yeah, you know, I think it was a commitment. Well, I think what we, what we learned very early on was we were not going to be taken seriously by New York City, Chicago, Los Angeles, you know, the big markets that we all wanted to be in from the get go. We had to be willing to start small and have some test markets or some pilot markets, where we proved ourselves. And we had some very good advice from the former mayor of Philadelphia, and I remember sitting in the boardroom with him or conference room, and he said, crawl, walk, run.

He repeated it: crawl, walk, run. And what he was urging us to do was to do that crawl thing first. And that meant going to smaller communities that might not have had the unit economics that we wanted. But were markets where we can prove ourselves and markets where we could demonstrate and build a trust, that we were a business that was worth doing business with. And that was incredibly important advice, and I think was why we were successful among our…compared to other competitors that may have started doing similar things at a similar time.

Adam Force 14:04
Ah, yeah, no, that makes sense. So, finding marketplaces that will give you a chance. And I mean, I’m curious…now you guys have raised quite a bit of money. And I can understand why — this is a big operation. But like you said, you start by crawling. So where’s…how many rounds have you guys raised at this point? Do you know?

Andrew Savage 14:23
We’ve raised four different rounds. [Unintelligible]

Adam Force 14:28
Okay. Wow. So, so the first round got you started? And I think at this point, you’re over $700 million in funds raised for the full operation that you have now, right?

Andrew Savage 14:39
Yeah, that’s right. I think it is definitely a capital intensive business. And so, you know, we were essentially raising money, almost non stop. So every six months or so, on average, we were closing a round. And I often would, you know, talk with, you know, city leaders and others about this. And, you know, we weren’t raising money for the sake of raising money. We were raising money because it allowed us to scale good programs; it allowed us to invest in hardware; it allowed us to be as strong as city partners we possibly could be, and build a team so that we could deploy programs in markets and serve them well. So, you know, often, you know, I think in Silicon Valley, there’s a badge of honor in how much you raise. I think of it more about just being able to serve the community that we’re committed to serving.

Adam Force 15:27
Yeah, I think that makes a lot of sense. And, you know, for an operation like this, I it sounds like, you know, you definitely need to raise some funds. I can’t imagine just trying to do it, you know, organically yourself, which probably wouldn’t be possible to even test the market. There’s going to be overhead, just creating the equipment and all that other stuff. So was there a lot of regulation that you had to sort out in order to get this thing like initially launched?

Andrew Savage 15:54
Well, yeah, I think as I mentioned, like the regulations within each city were incredibly complex. In fact, one of the early things that we did was create a model regulation, because they simply didn’t exist. And I remember, you know, typing that out and thinking, what do we want to abide by? What standards can we live by? What standards make sense to the industry? So that we can hand that piece of paper over to a city and say, Hey, we don’t know this, you don’t necessarily know this either. But let’s start somewhere and I think it was that type of work that allowed us to scale and grow into markets as quickly as we did.

Adam Force 16:29
Yeah, yeah. I think that makes sense. You know, and we’ve seen it grow a lot here in Miami. There’s just a ton of people using the scooters and that’s funny when you first started seeing them pop up we were like, What what’s going on here? How does this work? What is this? And you know, it’s just it was just all of a sudden you see him sitting on the sidewalk and now today I mean, people are buzzing around on these scooters all over the place. So how has your…the adoption been and feedback from people? What’s that been like now that you’ve been in the market, testing for a bit?

Andrew Savage 17:04
Yeah, I mean, so we’ve now achieved over 100 million rides across the globe, certainly an accomplishment that I never would have expected three years ago to have made. I think, what is humbling, what is inspiring, what gets us all up every day, working as hard as we do is the impact that we’re having on communities. You know, I think some of the statistics around who our users are is most interesting. One third of all of our riders make $50,000 or less. So we’re not talking about just folks in Silicon Valley that are on scooters. This is a real world service that people are depending on to get to and from work, to get to school, to get, you know, over to daycare to pick up your kids and, and there’s a real value in that and I think that’s inspiring to all of us.

In addition, you know, again, there’s a fair amount of gender and racial diversity as well: One third of all of our riders are also people of color. So what we’re hoping to do is be able to serve communities and provide a service that covers the gaps, that helps people get to and from public transportation. That was what we call sort of the first and last mile, which is a challenge that cities have faced across the globe for decades. And so, you know, that’s what gets us excited. I mean, there’s of course, a whole level of environmental benefits, which we can chat about, but the users and the adoption have been quick, diverse. And it’s amazing to see the joy that people have when they hop on a scooter the first time and you can see why it’s taken off because people just love it.

Adam Force 18:48
Yeah, it’s fun. Well, I love the human benefits for people, it’s probably be saving a lot of money for them and making it easier for them and giving them more reliable transportation to get around. So let’s definitely touch on the environmental because now you got benefits to people, but also the environment. And I love, you know, something we talked a little bit just about how this is contributing towards the climate crisis and shifting ourselves away from cars and things like that. But maybe you could tell us just a little bit more what this means to you guys that line when it comes to the environment and what you’re seeing or what your goals might be with it.

Andrew Savage 19:28
Yeah, sure. I mean, you know, at the highest level, I mean, we’re looking to help create more just, equitable and livable communities. And, you know, there are going to be 2.5 billion more people living in cities across the globe in the next 25 to 30 years — 2.5 billion people that these cities are really not well equipped to host or to move around. And so, you know, we see our solution as being part of a myriad of solutions that are necessary in a lower carbon world. So, you know, our scooters are all electric, they are charged on renewable energy no matter where in the world they’re being charged, we buy renewable energy to charge those scooters. Because we feel so passionately that a carbon-free future is going to be critical for this planet. And so as we think about how those 2.5 billion people are going to get around, we’re also thinking every day about how can our service be more sustainable and be in constant improvement to meet that challenge that we have as a globe?

Adam Force 20:32
Yeah, yeah. Is there anything statistically — and you may not have this on the top of mind but just curious, for example, — like how much like…if you had a certain number of scooters…like you mentioned 100 million rides. What does that mean for the carbon footprint — meaning like, you know, is that equal like taking off a certain number of cars off the road? Like, is there anything top of mind like that, a comparable?

Andrew Savage 20:59
Yeah, yeah, I appreciate that. I appreciate that you asked. There are a few — there number different ways that we can sort of slice and dice that. But I’ll give you a few examples. So in the hundred million rides that we’ve, we’ve served as a business, 25% of those have prevented a car trip. And we know this through user surveys that we do. We know this through user surveys that cities do. So the cities often corroborate our numbers. You don’t have to take my word for it. So if you take 100 million rides that we’ve served, and now we’re well over that, that’s 25 million car trips that we’ve reduced or prevented, and that equals around over 9000 tons of carbon saved.

That’s also the equivalent of running a car around the earth 100 times consecutively. So a pretty long car trip. So you know, and then maybe to dial down into a specific city, one of our biggest markets in Paris. We’ve served enough rides in Paris alone to have now over two car-free days in Paris. So if you picture Paris going two 24-hour periods without a single car driving on the street, it’s a pretty big impact and in my view, and I think as any anyone in business would hope we’re just getting started here I think, you know, we just hit our hundred million ride milestone but we’re already obviously looking out towards what do the billion rides look like and when do we get there?

Adam Force 22:27
Yeah, I love that. So, I mean, I remember I was going through the websites and I know you guys have multiple websites. Do you guys have this stuff plastered all over telling these stories?

Andrew Savage 22:40
Candidly, probably not as plastered as we should. I think with any business that’s growing as quickly as we are there’s a you know, competing of priorities and our competition of priorities and we can’t do it all. I think candidly, we can probably do a better job of telling the story and I think often, we have too many stories to tell. Often, we are, you know, we sort of have an accomplishment, but then we move on to the next accomplishment. So, you know, candidly, I think it’s an area where we should be doing more. And I think the impact really speaks for itself when we’re able to tell those stories.

Adam Force 23:17
No, that’s incredible. I really love what you guys are doing. And I’m excited about it as a cultural shift and the contribution towards…

Andrew Savage 23:25
Thank you.

Adam Force 23:25
Yeah, the environmental stuff and how it…I mean, even…I didn’t even really think about it as much towards the way it helps people. But really making people’s lives easier, giving them more — a better option for getting around, saving money. Like it just…I can see how people will start to rely on this regularly. And it’s nice because of that flexibility. I can look at my app, I can see where the scooters are. And I, you know, I can go and jump on one. It’s really as simple as that, which is pretty cool. I mean, it takes like two seconds to get on this thing and get going.

Andrew Savage 23:56
Yeah, I mean, it’s something that we really couldn’t have done in an earlier era where a smartphone wasn’t so accessible. But, you know, now just under two thirds of our riders ride regularly to get to or from work or school and so to your point about regular use, I mean, two thirds of our riders are using it as a sort of daily utility school, work, daily habit, is really how you create a business that makes lasting change and it’s why we are so laser focused on our riders and also more communities that we can serve.

Adam Force 24:35
I can just imagine, I mean, I can see…like, you ever see like the Humans of New York and the stories behind them? I can see people telling their stories on how this has made…like it’s as simple as a scooter but the difference that can really make in making someone’s life just way easier. So that could be pretty cool.

Andrew Savage 24:55
Yeah, I often think about that sort of story and like being able to, you know, follow the daily user that, that, you know, might use it to get to work, but then might use it to go, you know, get, you know, take a scooter to the doctor’s appointment. And, you know, the time that it saves. I mean, we all know that people spend an enormous amount of time stuck in traffic. We also know that, you know, people own vehicles that sit idle 96% of their working life, right? That isn’t a very good use of money or capital, right? So it’s the worst investment that we often, too often make, right? And most of us don’t want to have to make that investment in the car.

And so to the extent that we can help move that needle and change the way people live and provide a utility that gives them either joy, give them more time to spend with their kids, gives them more money…I mean, all those things are in addition to the environmental benefits, which are critical, but those are real world things that people live and breathe every day. And so while sometimes it can be easy to overstate the environmental benefits, the social benefits are really significant. And I think often, you know, you maybe governments and others don’t put as much value on that, because sometimes there isn’t a financial value per se, but when you break it down, there really is.

Adam Force 26:15
Ultimately, yeah, I think there ultimately is. And if you think about there’s values outside of financial that are important meaning every time my wife and I…we have one car because we live in Miami, so we have one car because she does have to drive a bit outside to the University of Miami. She works at the hospital. And so every time we get in the car, though, let’s say we’re doing some weekend errands. Sitting through the traffic in the city and just getting to places — there’s not a time that goes by that we don’t sit there and say, God, I hate driving. I hate driving and sitting in this traffic.

And then what happens? Somebody honks on their horn, which means the next person catches… it’s like it’s like a virus that catches on and everyone starts feeling this frustration and you have this bad energy. Everyone’s angry, everyone’s pissed off. And I feel like we can start getting rid of that anger from people by getting people out of the car. So I love that benefit as well. And the other thing I was curious about as you’re talking, and I’m sitting here thinking, I’m like, Well, I wonder what would happen when you try to get into a city like New York because they have like, you know, Miami, we don’t really have a good public transportation system here. So the scooters are perfect. But you know, subway, kind of the subways in New York are thing that the MTA is…it’s like a big thing for them. And I’m sure you know, there’s a lot of money behind it. So how do you foresee that? Like, is that going to be a challenge? Because it’s going to compete with the subways?

Andrew Savage 27:43
Yeah, it’s a good question. I mean, we very much view ourselves as complimentary to public transit, because if you think about the benefits of public transportation, is it’s bringing people often more than a mile, right? You’re taking a train, you know, two to three miles, you might be taking a bus three, four or five miles, etc. What we really see our services doing is bringing people to public transit, or from public transportation. So if you, you know, go to Oakland, for example, where you see people grabbing scooters all the time — they come out of the BART station, they hop on a scooter, and they get that last, you know, that last connection or last mile to work

You know, we’ve actually done a really interesting partnership with Google Maps, which I’m really excited about because it allows people to go on to Google Maps and see how they can use public transportation plus a scooter — a Lime scooter — to improve and speed up their commute. And that’s I think, when you really change hearts and minds when you can, you know, integrate yourself into people’s daily lives or, or really importantly, change behavior, right? So you might go from thinking, Man, that bus trip or that train trip is going to take too long because I have to take, you know, two different lines or, you know, I can’t get there in time to being able to hop on a scooter or take a scooter from the train station, and speed up that trip. And so that’s to me really exciting when we can be a compliment to public transportation. And I think important for the cities that we serve, support the public transportation investment by bringing more people to them.

Adam Force 29:25
Yeah, you know, that’s a great point. And I want to call that out for anybody listening. Because when you’re thinking about your business, and you’re thinking about partnerships, like I always say, it’s not about competition, you’re not there to compete with other companies. You want to be collaborative, right? Cooperation has been more powerful than anything in this world. So that whole positioning that you had, which is we want to compliment the public transportation system. And that made sense to me. And as soon as you mentioned Google, and that partnership, the light went off,.I was like, Oh crap, that makes a lot of sense now because when you type in, “What what does it take to get there?” and if it includes now the scooter option? That is… I mean, it doesn’t get any better than that. That’s beautiful.

Andrew Savage 30:08
Here’s another interesting one. Since you like that one, I’ll give you a second. So speaking of competition, I mean, one of the businesses that we actually compete against the most or the services that we compete against the most is ride hailing. Because if you’re in a city and you want to, you know, go down the street, a mile, your options often are take a scooter or ride hail. And we’ve actually — and part of that [unintelligible] that I mentioned that has allowed us to save 25 million rides is because a significant number of our riders are choosing to take a scooter over hailing a ride on their app.

And we’ve actually partnered with Uber and within Uber’s app across the globe, you can actually see Lime scooters as an alternative to taking Uber vehicles. So in addition to that partnership with Google, which helps you form your way from public transportation faster, you can actually choose to spend less money and often move faster through a city by taking a scooter instead of taking an Uber ride. And that actually only further supports the mode shift from vehicles, which are often carbon emitting to renewably powered scooters that we’re trying to make. So there’s really a double win there of bringing more eyeballs to the surface, but also saving on carbon as well.

Adam Force 31:33
Yeah, yeah. Now that’s great. I love that. I mean, the Uber thing is great, it’s convenient. And, you know, I just…but there’s just more benefits to the scooter. Now, can you have a family of four jump on a scooter? No, but I think that for most couples, and people just going into work and doing all these things like it’s just such a good flexible option. So I’m just happy to see them growing and getting a lot of use. I was curious if they would be adopted by people and they definitely seem to be having a pretty big uptick and a hundred million rides is, is really impressive.

Andrew Savage 32:12
We’re also finding that in Europe, which is one of our biggest growth markets, the European Communities are even more inclined than North American communities — not to say that there isn’t a significant amount of growth in North America, but European cities are… they’re built and designed for pedestrians, they have higher gas prices, they have higher density. And there’s also a really high premium more interest in climate solutions there so we’re actually finding extremely quick adoption as we look outside of North America across the globe.

Adam Force 32:47
Yeah. Yeah, that makes…that’s great. And you know, as you were talking, something else came to my mind that’s just another huge benefit. And I’ve always said this to my wife, I was like I you know, we have this capitalist model where we have to buy, buy, buy which means people have to make more, sell more. And it’s just this infinite loop. And I’m like, well, this, it’s not people don’t want to own anything. They only…they just want access to things and what you guys are offering is access without ownership. And I think that is a very important part of the future.

Andrew Savage 33:21
Yeah, it’s a really good point. I mean, there’s the evolution of the folks embracing the circular economy is, I think, a really pertinent one for our business. I think, you know, Ellen MacArthur Foundation has some leading work on this for those listeners who are interested, but, you know, they raised the question of when you need a hammer, is it the hammer itself that you need or the service that the hammer is providing, right? You’re trying to hit a nail, right, to boil it down to one of the most basic or common elements. It’s the service, right? And so our goal with shared transportation is to prevent people from having to own, own, own, and continuously accumulate things, but have a service, have a service that’s convenient to them and have a service that is there when they need it that’s reliable and that provides…it provides an efficient, affordable way to get around. And so, to me, you know, embracing that circular economy element is so critical to our business, I think if it’s shared transportation, so well.

Adam Force 34:24
100%. I mean, we’ve been doing it for a long time with libraries, like you just need the book to read, learn the information, then you don’t need to keep the book forever on your shelf. You know, like nobody wants to own a million CDs with CD cases, they just want the music.

Andrew Savage 34:39
I think about my parents all the time because they were just avid, avid readers, and were always getting books from the library. And while I profess that I do not have enough time to read these days, I’ve got two young kids at home and obviously Lime takes up a lot of time. I just think about them and their you know, embracing of the community and a shared service, which is the library and I think you raise a really great point that we don’t all need to own everything at the moment that we need it. I think, in an economy where absolutely everything is for purchase on the tip of your fingers, literally now, it can become too easy to consume. And I think it’s exciting to be able to think about ways where you can consume in a way that is more sustainable, that has a lower impact on the world.

Adam Force 35:26
Yep, that’s perfect. I love that. So we’re going to wrap up, I want to be respectful of your time. But the one last thing I want to ask and I’ll just ask for this as a heartfelt answer from you is, you know, what is something…if you had everybody…the world’s ear, — I ask this randomly to some people — and if you had the world’s ear, and you could tell them what you believe is the most important message, I mean, what would you want to share with people?

Andrew Savage 35:57
You know, I would say that people need to be involved in the decision-making in their communities. And I know that politics can often be seen as a third rail, you don’t bring it up. But I come from a political background. And having been now in two businesses where regulation, policy, politics are at the heart of our success, of our growth, of our deployment, I just think it’s so critical that people often are saying to me, Hey, why don’t we have scooters in this city or that city? Or why don’t we have more scooters in this city or that city?

It comes down to community engagement. And we have done very well, in cities where the community is saying we want this and we need the service and we want more of it. And I would just say that to your question, being engaged in — whether it’s scooter policy or something else that you’re passionate about, I think is just so critical. I think it makes our communities work. I think often people don’t think that they can have an impact. But having been on the other side where I served in government, you can have an impact with very few number of voices. And so I think that would be my sort of parting thought.

Adam Force 37:11
I love that. Yeah, get involved, take action. I think people get too comfortable behind the computer on Facebook, just thinking that like is going to do something.

Andrew Savage 37:21
It really doesn’t take…it does not take a lot. I mean, I will tell you that a city councilor that hears from five or 10 people takes notice; a mayor that hears from 10 or 20 people takes notice, and so it doesn’t take much to move the needle. So it doesn’t take many friends to move the needle. So you know, take those likes on Facebook and, you know, pull people together and ask for something that you’re looking for to make your community stronger.

Adam Force 37:44
I think that’s a great insight is that, you know, 10 people that reach out to the mayor, the city councilor, like they’ll start paying attention. So when you see things about call your city council or call, I mean, that stuff is real. So that’s…they want to hear from you and if you sit there and think, well, it’s not going matter if I call, you’re wrong, right? So that’s a great point. I love that. Alright, well listen, let’s give a shout out. What’s the best place for people to learn about Lime?

Andrew Savage 38:12
Our website li.me or you can check us out on various social media handles as well.

Adam Force 38:19
Awesome. Appreciate your time, Andrew and look forward to seeing more in the future from Lime.

Andrew Savage 38:24
Thanks a lot, Adam. Appreciate you having me on.

Announcer 38:27
That’s all for this episode. Your next step is to join the Change Creator revolution by downloading our interactive digital magazine app for premium content, exclusive interviews and more ways to stay on top of your game available now on iTunes and Google Play or visit changecreatormag.com. We’ll see you next time where money and meaning intersect right here at the Change Creator podcast.

Ethan Beute: How to Start Re-Humanizing Your Online Business Today

Listen to our exclusive interview with Ethan Beute:

 

Subscribe to this show on Spotify  |  iTunes  |  Stitcher  |  Soundcloud

Being a successful entrepreneur means having an online presence. However, it can be difficult to maintain a close connection with customers in an impersonal online world. Enter Ethan Beute, Chief Evangelist at BombBomb, a software company where the goal is to help you rehumanize your business. 

Beute explains that at BombBomb, they make it their mission to get people face to face with more people more often. And they’re making it happen. In the last eight years, they have gone from helping around 200 customers rehumanize their business to helping 45,000 customers all but eliminate faceless online interactions — all through the power of video. As Chief Evangelist, Beute sees his role at BombBomb as that of having a problem to solve as opposed to having a product to sell.

We want to rehumanize your communication. The pendulum is swung too far toward faceless digital communication.

Simplicity is Key

As the owner of a small company or one just starting out, you may be wondering how you’re going to swing allocating more funding to promotional materials if video is the way to go. Beute stresses that the videos BombBomb encourages entrepreneurs to use in their online presence is a casual, unscripted, simpler style of webcam or smartphone video. It is not about spending loads of cash on a polished, scripted video. Rather, the goal, Beute discloses, is simply to replace two paragraphs of text so that you can express your enthusiasm, sincerity, gratitude, or concern (or whatever your message may be) far better than through typed words alone. Your business will be far more successful if you are yourself more often when communicating with potential customers or investors.

Fans, Not Customers

You may have heard that the secret to amassing loyal customers is to create fans — fans who not only love your product but also love you, your business, and what you stand for. When you include video in your messages, people will feel that they know you far better, even before they’ve met you. Since your personality and non-verbal communication shine through, customers (and fans!) will understand your message far more clearly and be able to form an emotional attachment and psychological proximity far more easily than if they were just reading typed out text on your website.

Beute admits that this is also a far more satisfying way to work. You get to be who you are and build trusting relationships while doing so. He refers to a wholeness and integrity that appear when you can be yourself. When you are consistent with your own values and you can convey them in an informal video, you’ll end up attracting like-minded people who can’t help but become your fans.

Some Pro Tips

In this interview, Beute offers us loads of helpful advice on how to rehumanize your business. Here’s a synopsis:

Don’t send all your messages with videos. Aim to strike a balance. Flooding customers with too many videos will result in a loss of impact. When you do send a video, make the message specific and tailored to that customer’s situation. Include clear-cut statements such as “Thank you so much for your time on the phone today,” or “Congratulations on your one year anniversary with us.”

Focus on what’s in it for the customer. The customer always comes first. Your loyalty may lie with your business’s mission, but without customers, there’s no way of fulfilling that mission. When creating video content, be sure to ask yourself why a customer would want to listen to what you have to say. Are you just sharing your point of view or is there something in it for them?

Focus on the 25% of customers who read your email, not the 75% who didn’t. It’s easy to be discouraged when you get a very low open rate. Beute encourages business owners to stop worrying about what people don’t do and focus on the people who did do something. Focus on the people who act in a trackable setting, whether that’s by clicking through a Facebook ad, opening an email, or playing a video in an email. The benefit, in this case, is that you can speak specifically to — and invest time in — the people who have made the effort to show you they’re interested. 

Allow your customers to be heard. Beute strongly recommends talking to your successful customers. Get to know them. Find out why they’ve been loyal customers, whether you’re truly meeting their needs, and whether they’re using your product or service in the way you assume they are. Learning who your customers are and how you’re meeting their needs will tell you how well your product or service fits in the market. It will also give you a better idea of who’ll be your customer two years down the road.

The more you learn from your current customers, the better questions you’re going to ask your new prospects and future customers. 

We also recommend:

 

Transcription of Interview (Transcribed by Otter.ai; there may be errors.)

Adam Force 0:11
Hey, what’s going on everybody, welcome back to the Change Creator podcast show. If you missed last week’s episode, it was with the one and only Perry Marshall. He’s like one of the kings of marketing. And he wrote the book on the 80/20 rule, literally. And we had a really great conversation on a lot of key topics in the marketing space. So if you missed it, circle back, check that out. Today, we’re going to be talking to somebody by the name of Ethan Beute, and he’s with this company called BombBomb. And they’re all about re-humanizing your business.

And they use the power of video. I mean, these guys have done over 12,000 videos themselves. And they do have a Amazon number one bestseller book in the under the business and sales category, and it’s called Rehumanize Your Business. So we’re going to dive into a lot of the techniques and strategies on you know, building trust, creating a human connection with people in today’s crazy, you know, digital world. So this is a really valuable discussion. And we’re excited to tap into that with Ethan. So stick around and check that out. Captivate 3.0 is moving along for those of you that are following the updates.

We have a lot of really interesting developments. And the first iteration of the platform has been released to our current members and the doors will open again soon, we’re hoping by the end of September or so, we’ll be ready to open the doors again. So keep an eye out and right now on changecreator.com, on the homepage, you’ll find a place to click into Captivate. And you can get on the waiting list if you’re interested to make sure you’re one of the first people to know when we open up the new program with all the updates and everything else. Exciting stuff.

And so that’s a big focus for us now. And I think I’m just going to close it out there guys. Don’t forget to leave us reviews on iTunes, and all the other great platforms. We’re on Spotify now and stuff like that. So really appreciate all your support. Join us on Facebook. This is a main area where we do a lot of our updates. We have our Facebook page and the Facebook group for those of you who are really interested in kind of stepping up your marketing and connecting with some of these like minded social impact entrepreneurs. And that’s it guys. Let’s dive into this conversation with Ethan and see what he has to say about rehumanizing your business.

Announcer 2:22
Okay, show me the heat.

Adam Force 2:26
Hey, Ethan. Welcome to the Change Creator podcast show. How you doing today, buddy?

Ethan Beute 2:30
I’m doing awesome. I really appreciate the invite. I’m excited for what you’re doing.

Adam Force 2:34
Yeah, it looks like you guys are doing some cool stuff, man. So I am excited to hear more about it and see what kind of nuggets we can get from you on the sales and marketing side of things. So just to tee up everybody that’s listening right now. Tell us, you know, what’s the latest and greatest in your world today, what’s going on?

Ethan Beute 2:54
I’m with a software company called BombBomb. And our whole goal is to get people face to face with more people more often. And so, for me, I recently had a title change that captures…You know, I’ve been I’ve been with the team eight years full time. And I’ve had the same title most of the time, which is something like VP of Marketing. But the job has never been the same from year to year. When I started, we had about 200 or 300 customers. And now we’ve got about 45,000. And so it’s, you know, been a dramatic change.

And so the most recent change for me was a title change to Chief Evangelist, which for folks who aren’t familiar is a somewhat common, although not particularly common title, especially in the software world. And it’s this idea that, you know, you have a problem to solve, not just a product to sell. But you know, if you’re truly innovating in what you’re doing as an organization, as a company, and as an individual, someone needs to be out on the front kind of cheerleading it, raising up awareness of the problem.

And the good news that there’s a solution. And so I’ve been a little bit more out front, related to the issues that we have today with our faceless digital communication, which I assume we’ll get into. So that’s been fun. For me, it’s a little bit less operations oriented. And it involves a lot of relationship building, which is always of course a pleasure.

Adam Force 4:21
Yeah, yeah, no, and that’s more important than ever today. I mean, relationship building is always important. But you know, as we get more digital, I think there’s a disconnect, and we’re kind of filling that gap. So it sounds like you guys are trying to address that with your video solutions, yeah?

Ethan Beute 4:37
Absolutely.

Adam Force 4:39
So tell me a little bit about, you know, I guess what, how is your…how are these videos…Like, tell us a little bit about the product that you do have? Because I’m curious on not just the product itself, but like what it’s doing for people like what is that need to…How are you addressing the relationship factor?

Ethan Beute 4:59
Yes, thank you for asking. It’s, it’s the whole reason we exist. And we can get into the mission behind the company if we want to. But from a product standpoint, and what it looks like and feels like to the customer who doesn’t necessarily go behind the curtain to understand what we’re deeply about, we want to rehumanize your communication, you know. The pendulum is swung too far toward faceless digital communication.

Every single day, someone who’s listening to this podcast, including you, I guess, is interesting, some of your most important and therefore most valuable messages to a form of communication that doesn’t build trust and rapport. It doesn’t differentiate you and it doesn’t communicate nearly as well as if you look someone in the eye and so and just spoke to him or her right. And so, you know, when a lot of people hear video in a sales or marketing context, they think lights, scripts, editing, production, and all of that. And that’s cool. Like, if you and your team are doing that, keep doing it, it can be really useful.

We’re all all about this casual, unscripted, simpler style of webcam and smartphone video, that is not meant to replace that killer video on your homepage that you paid $3,000 for and is gorgeous, and makes you look like a million dollars. This is about replacing two paragraphs of typed out text so that you can express your enthusiasm, or your sincerity or your gratitude, or your concern, or your education or you know, whatever it is that you want to communicate, you’re going to do so much better, if you’re more yourself more often.

And the upside is people feel like they know you before they meet you. They understand your messages more clearly. They have this emotional attachment and psychological proximity to you and your team members, even in the absence of a physical proximity, which is a super interesting dynamic, and it’s very, very powerful. And it’s so ultimately, it’s more effective day to day, than relying exclusively on playing typed out text. But it’s also a more satisfying way to work.

Adam Force 7:03
Yeah, so I guess what does this mean for people and their sales process?

Ethan Beute 7:10
It means that you can get face to face earlier and more often in the process. You know, so many organizations are working, you know, obviously, regionally, where it’s difficult to you know, get together in person with some of the most important stakeholders in your success and your prospects and your customers and all these other people. But of course, if you’re working nationally or internationally, it’s basically impossible. And it’s impossible to do on a consistent basis is to spend that quality time face to face. And so this opportunity to do an initial introduction to respond to an inquiry, right, so many of us get these questions.

And I’ll give a specific video tip here. And again, by the way, I’m talking about just hitting record on your webcam or smartphone. With us, we do it in a variety of instances in Gmail and Outlook and Salesforce in our own web app and our mobile apps, etc. But no matter where you’re doing it, it’s just hitting record and talking to people. And so, again, an initial introduction or if someone reaches out to you with a question, you can just hit reply and talk to people and answer their question very specifically. Or if it’s a frequently asked question, you can record the video once and you have it at hand. So that when that comes up again, or if you want to build an onboarding sequence, right, if someone signs up for your product or your service, and you want to answer the four most common questions you get from someone who does that, you can do it once with video.

And you can blend that with, you know, the typed out text and maybe links to other articles or support pieces if you want to. But what it allows you to do is lead with your very best sales asset, which is you. Ultimately when people say yes, they’re saying yes, not just to the product, or the service and the price point and the terms and conditions and the mission that you might be on and in the values that you’ve expressed. They’re saying so you as a person and the trust and rapport that you’ve built with that person, that you’re not only competent to deliver whatever you’ve promised, but they also have this warmth, that you’re going to act in their best interest and really do it with integrity.

Adam Force 9:13
So yeah, I mean, and that’s great. And I like that makes a lot of sense. And I think more face time is important. And I kind of want to tap a little bit into the customer experience, right? So, you know, we’re going through the steps, and you’re labeling this as re humanizing the business. You know, what does this mean for someone who’s in the first couple years of their business? And if they were going to…they’re setting up their sales narrative across their website and stuff, I mean, I’m curious on the experience that you have maybe based on your background and stuff in the company that you guys are running, like, what is that customer experience like today that they should be keeping an eye out for?

Ethan Beute 9:56
You know, in general, when I hear customer experience, I think you know, the feelings and stories that people are left with, as they encounter you and your brand in your organization, the people on your team, etc. And so what this allows people to do is have a stronger attachment. So for us, when we were a much smaller company…You know, we’ve of course always used our own product, but not just to sell it–to sell it, serve it, represent it, to build relationships with people and what what I’ve found, you know, again, in the path from 200-300 customers to 10s of thousands is that I have this core initial group of people who I know personally, and when I’ve met some of them in person, two specific things happen.

One, a big warm hug, like we’re long lost friends, and I’m not a big hugger, I’ll hug people i like i like hugging people, I don’t think there’s enough physical contact in the world. But you know, I’m not a big hugger by nature, but I’ll hug them. And then we have to take a moment and establish, have we actually ever met in person before because that feeling is often easy to lose. And so what I’m saying is we built these friends and fans early on, by being ourselves. It wasn’t this, you know, you put up a website these days, just from experience standpoint, you can put up a really smartly designed good looking website that’s relatively frictionless. It’s well written, you know, you maybe use something like the story brand framework to get your message really clear. And people can walk in. And they don’t know if you’re a 50 person shop or a 500 person shop or a 5000 person shop, and you can look like you are.

And so ultimately behind that no matter what size you are this idea that people feel attached to Tim, or Jennifer, or Bill, or Jeff or all of them, if they’re all on the same team that they’ve interacted with you in a much more real and personal way. This movement is so young, that the act of communicating in this way from time to time — you don’t send all your messages with videos — but when you pick your spots, again, congratulations, you know, on your one year anniversary with us. Thank you so much. I hope we’ve been of value to you. Thank you so much for your time on the phone today, I hope you understand more clearly the opportunity, I want to address again, some of the exciting things for you and some of the concerns that you had. Then you pick your spots, and you communicate more in this way. It’s not just about understanding the information more effectively, it’s now they have a personal attachment and emotional investment at kind of that social reciprocity, right?

Like these unspoken thoughts and feelings that turn into behaviors and commitments and make us more likely to recommend or to take the next step or you know, even if it’s just from a reciprocal standpoint, even if it’s out of a feeling of obligation, I’m going to reply to that email more often, which is something we’ve seen statistically as well as through survey data and anecdotes that people get more more replies to their emails, when they ask people to reply in a video, right. And so there are all these benefits. But I think the most important one is that people are more connected, and they understand the information you’re trying to convey more clearly.

Adam Force 13:17
Yeah, it is interesting, and you know, putting that personal touch in there, we see a lot of value in it. And I think people…a point of clarity, too, for me in our experienc is that people get really hung up on, you know, the numbers like Oh, so if I do these videos, am I going to go you know, and get huge like, you know, viewership or go viral or you know, whatever it might be. And that’s not necessarily the goal here, the goal is to connect right with the right people who are really going to resonate with what you’re saying. So, you know, getting a few of the right people is more valuable than a lot of the wrong people. Right?

Ethan Beute 13:54
I’m 100%. And I’ll say a couple things there. One, if you’re evaluating video and video solutions and things, you’re going to see that promise, you’re going to see some snake oil type stuff that’s like, you know, we’re going to double this, we’re going to triple that. And to be fair, you know, when I did a survey, 15% of the people said they doubled or more than doubled their reply rate. 40% of people said they doubled or more than doubled their ability to stay in touch effectively. So you will get some of that stuff. But there are companies out there, they’re like, basically selling magic.

And there’s, and it’s interesting, because we get the residual effect of that on our side where people come in with these just unrealistic expectations that this is going to solve all of their woes. I will tell you though, it’s going to…again, it’s more effective, you’re going to get some better results. But it’s also more satisfying, and that you get to be who you are, and you get to win on who you are. So I just want to say that like to caution people say go out and read blog posts and headlines. There’s clickbait stuff, they’re over promises, etc. The other thing you said that super important, is this idea that it’s about the first five people or 10 people. I think of Seth Godin when I think about that, but it ties to this bigger idea that’s much more well established today than ever, which is that your current customers are your best source of your next customers, right?

This idea that we can go out and buy Facebook ads or Google AdWords and you know, follow people around with retargeting ads, it’s all good. And a lot of it is still relatively affordable. And you can produce a profitable customer from those things. But your very best source of your next customer is your current customer and the way they think and feel. And again, most importantly, talk about you is the best thing that you can create for your sales and marketing team.

Adam Force 15:45
Yeah, yeah, I think that makes a lot of sense. And, you know, we have found you know, that, yes, you have Facebook marketing, and you can always buy traffic, you can always pay for ads, you can always do those types of things, but you can’t buy trust, right. So when you’re putting out you know, and using video, and you’re trying to build a more intimate and personalized relationship with the right audience, that’s just something you can’t buy. So if you’re not set up, right, you’re not set up on your website, or wherever, on the digital environment, you can go and get all the traffic in the world.

But you’re not going to be converting people and getting people really to trust you as a company and a person and all that stuff. So I see a lot of people going out after all the tactics like I’m going to pay for this traffic on YouTube ads, or Facebook, all this stuff. But then they’re not paying attention enough to the actual conversion of turning people into like action takers who trust you and become loyalists and advocates like you’re talking about. So there’s a major gap there and a disconnect for people I think.

Ethan Beute 16:44
Absolutely. Because you know, we’re just looking for Gosh, things haven’t been as good the past couple of months, I need to fix something. And in the quick fix is what…and this is true in fitness. It’s true in diets. It’s true in our lifestyles in general. It’s just our natural tendency to say, what’s the one thing I can do right now that’s going to change everything? And you know the answer, you know, you might find that, but it’s so much less likely than making a couple good decisions today. And a couple more good decisions tomorrow. But one thing I’ll add just from my decade with the company eight years full time in two years working with them part time prior to joining is that I think one of the most fundamental keys to our success is that we’ve had approximately the same core values.

And I say approximately, because, you know, we’ve changed the way they’re stated it started as four sentences with supporting statements, then it turned into eight short phrases. And, you know, for the past five, six years, it’s been five specific words, each with their own kind of supporting, you know, two, three lines. But we’ve been operating for the same purpose and from the same values from the beginning. And this, you know, when it’s a true thing, and it’s not just just an exercise you go through because someone told you, you should do it. And you’re in you’re honest with yourself and your other team members and the closest stakeholders in the organization, about why do we actually exist? And what value do we provide in the world? And how this is the how part not just the why — why is a very popular term lately — but how is the real practical application of the why you can sit and ponder and sit in the why forever. But the How is actually the filter for how are we going to turn this into action? So what does it look like? What does it feel like? What does it sound like?

And when when you do the exercise well, you wind up at this point of wholeness and integrity, where the people involved are actually expressing the way they view the world through the work. And people can see that and feel that especially when you do it in video, especially if there’s some sincerity and some excitement around what you’re doing. Video captures all of that nonverbal and puts it forward. And so if you’re not clear on what you’re trying to do at a high level, not just from a strategy and positioning, and go to market standpoint, how are we going to package it? How are we going to price it and all that.

But like the real deep stuff, that’s obviously where you get that persistence, that you need to get through the ugly hard times, because we all go through them, and they don’t go away. They just change. We going through hard ugly times, even though on the outside it looks like we’re this you know, overnight success, overnight decade open success. Anyway, I didn’t mean to go off on that monologue. But if you haven’t spent the time to understand what you’re really doing, and why are we all showing up every day, I don’t think you necessarily have a strong enough foundation to get through those two tough months where I started, you know, three minutes ago on this topic.

Adam Force 19:51
No, I think you’re you’re right on point with how we think about it as well, because a lot of times people are looking for that new shiny object to save them. And we see it a lot. And so, you know, if you don’t have your foundation of the house built, it’s going to continue to be a struggle, right? So you really, you know, it’s funny, because you hear it all the time. And I can read it, book after book. And you know, we interviewed people like Seth Godin, and he’ll tell you, it’s like, if you haven’t taken the time to seriously dig into, which is becoming cliche, like the why and all that stuff.

But hey, it’s it is a reality. You have to understand your true intentions, which inform your business decisions, right? And so if you have all that stuff, really, you know, pinned down, I think you’re right, this is…everything else starts to come into play. And it makes the tough times a little easier to get through because you have a real mission and intention in what you’re doing.

Ethan Beute 20:44
Completely agree.

Adam Force 20:45
Yeah. So I just wanted to talk a little bit then like, I want to, I’m covering a little bit of this, this customer experience. And I think because people we’ve noticed that we talk a lot, we talk a lot with our audience. And you know, sales is a always a struggle, right? We’re not necessarily profitable yet. And even the money we get has to go back and the business is like when do I get paid, right? And we are in the social impact space. So we’re trying to make a difference.

And the more we can be financially successful means the more impact we can have with the mission of the business. So you know, we talked a little bit about having the audience warmed up by creating stronger relationships using, you know, video in authentic ways. And now I want to touch on email marketing and content marketing. I think this is an area that you have expertise in. And so if we’re flowing the experience, you know, we want to continue that consistency of building those relationships. Tell me a little bit about your experience in the email marketing and content marketing space, how that all translates as well.

Ethan Beute 21:54
Sure, absolutely. Well, the first thing I’ll say for people that don’t have any background here and might feel like they’re a little out of their depth, or they read a book, and they don’t understand all the terms and phrases and all that, when I joined this company, I had no specific experience in email marketing in particular. Content made sense to me. I always liked to shoot photos, just personally. I was very comfortable with video because I came up in broadcast TV and wrote and produced and edited spots and campaigns and stuff. And I’ve always been a big reader, not really a big writer except in an academic setting. But all those pieces worked well for me. And so what I’ll say is, if you’re on the outside looking in, you’re going to learn so much just by doing it, you’re not going to do it perfectly well.

But the key thing in both of these scenarios is just like in video, this is simply a way to reflect who you are and how you want to be of value and service to your customer. And so it all starts with the customer, what’s in it for them. One thing I hear all the time, because you know, one thing you can do with our services, send an email or a video email to 50 people or 500 people or 5000 people or 50,000 people. And it’s like, you know, I only got a 32% open rate. Why didn’t these other 68% of the people open it? And to that, I’ll speak to both sides of that first, stop worrying about what people don’t do.

This goes back to like the first five people. Focus on the people who did do something, right focus on the people who raise their hand with their real behavior in a trackable setting, whether that’s by clicking through a Facebook ad, or opening up an email or clicking your link in an email or playing a video in an email, you know, that’s the benefit of this is that you can speak specifically to you can invest your time in the people who’ve shown with their real behavior that they’re interested. The other thing I’ll say, though, is that why didn’t she Why didn’t he? Why didn’t they is backward looking. If you think about before you ever write a word of a blog post, or you or you know, you may be done some keyword research, and you know what you want to write about from a? How can I generate some traffic from this post standpoint, it still needs to go through this filter, as does any email or video email or whatever is? What’s in it for them? Why should they participate?

Why would he open this email? Why would or why should she play this video? What’s in it for them? So often, our default, especially if we’re not, if we don’t spend a lot of time in these areas and on this type of work, we want to just go see what we have to say and say it. Instead of putting the other person first, your entire right to serve your mission with the revenue you generate through your customers is exclusively a function of the value that you provide your customer. The customer always comes first. I know it feels like the mission is more important. But the mission can only be served if you’re providing value to customers.

And so if you can keep that in mind and think about what’s in it for them, why would they click through this headline on LinkedIn or Twitter or Facebook or whatever to go read the whole piece? What’s in it for them? And how can I position it? in their words, in their thoughts, etc? Same thing with subject lines, email bodies, and all of that.

Adam Force 25:14
Yeah, no, I think…I love that it makes sense. And you do have to think about what’s in it for them and the results that they’re getting, why would they participate? One thing I would call out just to kind of put it out there for people is that there is one mistake people make. And when you’re always thinking about the customer, um, historically, there has been mistakes made where you’re constantly trying to adapt your marketing strategy to meet the customer, you know, which means that you start, like drifting away from your values and your authenticity, and you’re constantly chasing them, versus attracting the right customer for who your business really is.

And that’s one thing just to be wary of, because, yes, I think you have to think about like, what’s in it for them. And I always even say the first thing on your homepage, like that first tagline should be who this is for, and what’s the result they’re getting, like if they work with you. So that has to be clear. And it is for us to remember who it’s for, though, don’t lose touch with it. And people get too worried about like, well, we gotta adapt to what’s going on in the market. And what these people are looking for, and all these things, when sometimes that can lead them away from their true customer and who it really is. Maybe they’re just not the right person sometimes, you know what I mean?

Ethan Beute 26:29
Yes, and one to do there on a list is, you know, if you’re not…let’s say you are young and still growing — not fully as successful as you want to be, maybe even not even as successful as you want to be in this moment, or at this stage — talking to your real successful customers. If you’re not doing that now, I strongly, strongly recommend it. This is where you break away from the imagination where even if you’ve written personas like yeah, you know, my persona is Jenny, and she works in this role. And she’s 42 years old, and she drives this kind of car. And she worries about these kinds of things. You know, that’s all good as a thought exercise, but the real money is in who’s actually paid me for the last 18 months straight?

And can I talk to them? And are they getting you know, is the reason they’re renewing the reason I think they’re renewing is the way they’re using the product or service the way I thought they would be using the product and service. This is where you find that real like that real met need. And like the product market fit. We went through a couple rounds of that. And it’s it’s just always so informative to talk to real people.

And the challenge here is to filter. You got to recognize, you know, who’s an outlier and where the real sweet spot is. But, you know, trying to be everything to everyone is a very common mistake early on, and being very clear about, you know, of the 200 customers I have right now, who are the ones that are going to be with me two years from now? Who are the ones that have been with me for two years? And what’s unique can different about those people?

Adam Force 28:01
Yeah, yeah, 100% agree. And those are conversations, I think people should just keep having, you know, you never know how people may be using the product, why they love it, who they are, what their current situation is, and all that stuff. And I think we’ve had over you know, well over 100 conversations with people. And it’s like an ongoing thing. And one of the most interesting things for us early on was, you know, we were doing market research calls, like you mentioned, and just kind of talking to people that were getting involved with our brand, learning about them, and just kind of having nice intro conversations. Then we got to a point where we had some other products and stuff. And we were like, Well, before we do anything digital, let’s see if we can sell this over like a zoom call with somebody right there on the spot, right, like a phone call.

And we did video calls. And that kind of research was super interesting. Because you know, if you can actually get on the phone and sell to somebody, you’re going to hear firsthand like their objections and all the stuff that they go through. It’s a different dynamic when you try to sell versus like doing the actual market research. So we found these two camps, which is one, the market research people that are buying, getting involved, learn about them and what makes them unique. And then two, when you get on the phone. Now let’s say you know your customers, now you’re getting on the phone with them and you’re trying to sell new people directly, you’re going to get a whole new dynamic of information that informs your sales narrative.

Ethan Beute 29:24
Yeah, and it’s all you know… The more you learn from your current customers, the better questions you’re going to ask your new prospects and future customers.

Adam Force 29:35
Nailed it. Yeah, exactly. And it’s funny, because the more calls you have, you start really seeing what…like where someone’s mind is, are they the right person for your product and really what what kind of conversation…you can almost predict the conversation a little bit, because you’re right, you get informed from it also. It gets better and better as you keep doing it. It’s an interesting process that we’ve had a lot of fun with, for sure.

Ethan Beute 30:00
Love it. It’s especially helpful when that customer is someone that is doing something day in and day out that you don’t do or haven’t done, because they have specific — not just a unique perspective and unique challenges that you might not understand the nuances of but they even use different language and things. So the more you can kind of mirror people in their own language and with their own concerns, and with better follow up questions, you know, the more comfortable they’re going to feel. And they you know, that trust piece of they get me? I can see that kind of thing. Yeah.

Adam Force 30:28
Yeah, you know, I always tell…I remember at the time is maybe I don’t know was last year or something, where we were…my wife and I were watching that show The Voice. And we were talking with some of the people in our program and stuff. And we were talking about, like, you know, how people resonate and all this stuff, when you tell, you know, micro stories from your life that they can resonate with. And when we were watching the voice, you hear these people, they always do these backgrounds before they come and they sing. And they’ll do like, Oh, this person grew up here.

They went through all this in their life and all this stuff. And so next thing you know, these artists are like, Oh my god, yeah, I got all these like fan mail and all this stuff. And people would reach out saying, Oh my god, I can resonate with like that experience you had in your life. That’s so me, and I love you. And you’re amazing. And yeah, they like their singing, but what they really connected with was the relation…the areas of their life that they resonated with. So to your point, those things are just phenomenal. And so the more — the better you get at that you’re going to be attracting people that really love what you do.

Ethan Beute 31:31
Totally. And the best part about all of it is, you get to be yourself more often and win for who you are in the relationships and trust you build. It’s like the super win/win/win, there’s like this wholeness and integrity, when you can be more yourself. And that’s why again, getting back to being clear about your values, you’re going to attract more like people and there’s no better way to win, than consistent with your own values. It’s just it’s such an amazing feeling.

Adam Force 31:58
Agreed agreed. And we always say, you know, pretending is exhausting. So be yourself.

Ethan Beute 32:03
Love it, love it! And, and be yourself because no one is more uniquely qualified.

Adam Force 32:09
Exactly. That’s it’s a major point of differentiation when the markets are saturated. I was reading something about from the guy who founded Costco. And he’s like, I get all these suppliers, right? It could be a laundry detergent, let’s say 100 suppliers of laundry detergent are pitching him. And they’re trying to get their products sold through Costco. And he’s like, so when it’s really saturated, here’s the thing, what differentiates what, like who I choose to work with. He goes, It’s the person that I trust and like the most. So it’s going to be the people that told the right stories that connected earn the trust, and he really related to and resonated with, that’s going to win because they’re unique. It’s their own differentiation.

Ethan Beute 32:48
Love it, and people and just another pro tip: People like and trust you more when you ask them questions, and you let them talk. You’re going to learn a lot more. And people love to talk about themselves because we all ultimately want to be seen and heard as human beings. So our most fundamental need is, do I belong? Am I accepted? And so when you can let people talk about who they are and what their real concerns are, you know, even if it’s the context of their work, and the solution that you provide, they like you more, while you’re learning everything you need to learn to serve them, help them, and to help the next person. It’s just, it’s fun.

Adam Force 33:25
Yeah, hundred percent agreed. I think that’s a good note for us to end on here. We’re at the end of our time, Ethan. So that was awesome. Really appreciate it. Let’s give your you know, let people know give yourself a shout out and let people know where they can find and learn more about what you guys got going on.

Ethan Beute 33:39
Sure. Again, my name is Ethan Beute. You can hit me up on LinkedIn, you can email me ethan@bombbomb.com. It’s just the word bomb twice. Of course at the site, you can learn more, you can try it free for a couple of weeks. If you want to check out the book that we mentioned, Rehumanize Your Business, that’s just bombbomb.com/book. And if you want to go deep on customer experience, I’m having those conversations every week at bombbomb.com/podcast.

Adam Force 34:11
Awesome, Ethan. Thanks again and we will stay in touch man.

Ethan Beute 34:14
Man, thank you. I appreciate it.

Adam Force 34:16
You got it.

Announcer 34:16
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Transcribed by https://otter.ai

Michael O’Brien: How to Have Your Last Bad Day [Interview]

Listen to our exclusive interview with Michael O’Brien:

 

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Michael O’Brien’s last bad day was July 11, 2001. He found himself on his bike, hurtling down a New Mexico road and into the path of an SUV travelling at 40 miles per hour when his life took a turn for the better.

I remember the sound of me hitting his grill…the thud I made as I came to the asphalt below, the screech of his brakes.

Wanting to make the best of the situation, Michael promised himself that if he survived, he’d stop trying to chase happiness. He even had the wherewithal to throw in a bit of humor and asked the EMTs who were working on saving his life, “Hey, how’s my bike?”

Until that day, Michael saw his role in life as that of playing Superman. He was the leader. He was playing Superman at work, he was playing Superman at home, and he felt he had to have all the answers. He suffered from what he calls comparisonitis — the fixation on comparing what one has to what others have. And it was taking its toll. He was chasing some sort of ideal on a hamster wheel and getting nowhere and finally made a shift where he realized he could live by his own script and not by the script he thought society wanted him to live by. He began living his life with much more awareness. He made a concerted effort to do purposeful work that was meaningful and to do it with gratitude and a connection to others. 

If you can worry yourself sick, why can’t you think yourself well?                       

Michael put a lot of faith in the belief that if he lived his life this way, there’d be a positive downstream impact on his success. He started the day after his accident: He wheeled himself to a quiet spot in the hospital and practiced mindfulness. He he made a point of fostering his gratitude every evening by listing all the things he was grateful for. And he focused on looking at what was good in the world as a way to look forward to and embrace tomorrow and fuel his recovery. 

Not for Everyone

Michael is quick to point out that his strategy — his collection of rituals — is not for everyone. Often, we try to follow what successful celebrities or businesspeople adopt as their strategy. They do very well for themselves and so we assume that in order for us to become successful, we simply need to follow in their footsteps. But what works for them won’t necessarily work for us. Michael cites Tony Robbins as an example: Robbins, a successful life coach and motivational speaker, swears by a morning jump into a frigid plunge pool. But if you’re not a morning person and detest cold water, you’ll soon realize this is bogus (and not at all enjoyable) and that it’s not helping you move forward. And that’s the point. We all need to find our own things that help us move forward.

No More Bad Days

When Michael O’Brien refers to July 11, 2001, as his last bad day, he in no way means that life has been perfect since then. His goal, and his wish for all of us, is to be able to quickly rebound from the bad moments life throws at us. And as entrepreneurs, we’re going to have a lot of bad moments. His focus is to keep a bad moment from gaining any more fuel than it should so that it doesn’t turn into a bad day. The result: no more bad days. That’s not to say his life hasn’t had any challenging moments. But by not giving them any more energy than they deserve, he prevents the day from getting hijacked. Because, he warns, once that first day gets hijacked by a bad event, the next day gets hijacked, too. And before you know it, you’re in a pattern of bad days.

This premise reflects the work Michael does with his clients. He discusses with them ways in which they can become resilient in business so that they know how to respond quickly when those challenging moments happen. He stresses that how people respond to stressors is everything and so hopefully, with the help of some coping strategies, the intensity with which they respond is reduced over time, as is the number of times they are triggered.

Lessons Learned

Michael shared with us that he has learned a lot from his accident and the way in which it has transformed his life. He has started asking potential partners about their values. He is now much more focused on what their passion is and what they stand for as opposed to whether or not they can help him and his business get to the next level. He stresses that this is a critical part of being an entrepreneur. He adds that as entrepreneurs, we have self doubt creep in from time to time — whether our business is worth $50,000 or $500,000. And it’s good to have a team of like-minded people around you cheering you on. 

At the end of the day, as entrepreneurs, we all have the same issues: the self doubt, the incorrect assumptions, and making stuff up in our storytelling that doesn’t serve us well. Michael’s goal for himself and for others is to take a collective deep breath, look at the big picture, and begin to appreciate what each new day brings. 

You can read more about preventing bad moments from turning into bad days in Michael’s new book, My Last Bad Day Shift and at michaelobrienshift.com.

We also recommend:

Transcription of Interview (Transcribed by Otter.ai; there may be errors.)

Adam Force 0:12
What’s going on everybody? Welcome back to the Change Creator podcast show. If you missed last week’s episode, it was with Ethan Beute. He’s done a lot of amazing work and we talked about rehumanizing your online business. Really a good one. So if you guys want to check that out, swing back over. We’re on Spotify, SoundCloud, all those spots, iTunes, you name it. And this week, we are going to be talking with Michael O’Brien. And he’s an inspirational speaker and he does a lot of corporate coaching. He had this really crazy experience — a life altering event — that completely shattered his worldview. And he’s going to walk us through it, and it just changed the way he lived his life. He’s actually the author of a book that was very popular called “Shift: Creating Better Tomorrows.” He also has written the best-seller, “My Last Bad Day.”

Okay, and so he is on a mission right now to help 1 million people have their last bad day. So lots of really inspirational insights here and good tidbits on improving your life and making sure that you have your last bad day. So yeah, so stay tuned for that, it’s an exciting discussion with Michael. One update that we have is regarding the Captivate Method. So the doors have been closed for the Captivate Method, but we plan on reopening them now in October. So that is the goal; we’ll get a more specific day. We are aiming for October 1, but you know how these things go. So let’s just say October, 2019, the Captivate Method will be open, and we’re going to start getting people into the new format. So hopefully, that all takes place as planned.

And we’ll keep you guys updated about those things. I think that just about covers it for today, guys. We’ll keep the intro short and sweet. You know how to reach us at changecreator.com. Hit the contact, let us know if you have anything you want to talk about or get involved in. We’re always looking for contributors, guys. We’re looking for contributors for this site and if you have a passion, you’re an activist, your business owner — there’s a lot of things going on the world — share your passion. This is a great platform for you to get involved. There’s an application there for you to do that. Alright guys, let’s dive into this chat with Michael.

Announcer 2:25
Okay, show me the heat.

Adam Force 2:30
Hey, Michael. Welcome to the Change Creator podcast show. How you doing today?

Michael O’Brien 2:34
Good, Adam. Good to be with you, man. I’m totally pumped for our conversation.

Adam Force 2:37
Yeah, no, I appreciate you taking some time to chat. You know, it sounds like you have a really great story and lots of good experience. So we’ll dig into it. But tell me just a little bit. I like to just hear off the bat. You know, what is going on in your world today? What’s the latest? What’s the greatest?

Michael O’Brien 2:55
So with the latest and greatest? I’m pretty stoked for the next two weeks. Because the next week, I’m going to be with a client down in Miami for their sales meeting, doing a couple of keynotes, doing a little facilitation and hosting. But then the week after, I get to go up to Nova Scotia, for a week long bike ride through Nova Scotia for basically Multiple Sclerosis care, a great organization called Can Do MS. They’re based in Colorado and I’ve raised money for them. And they do some excellent work for people dealing with multiple sclerosis current day versus like looking for new treatments. So it’s like in the moment, and so we’re going to ride around, you know, the northern part of the world, all in an effort to change people’s lives, which is pretty cool.

Adam Force 3:44
Yeah, that sounds pretty fun. How long is…how many miles is this bike ride supposed to be?

Michael O’Brien 3:50
So it’s…we’re going to ride for six days. It’s going to be like 60 miles a day. And you know, so the good news is like we ride a lot. We eat a lot. Now, we might have a might have a beer or two and then we sleep a lot. But you know, going up there in, you know, in the fall, it’s going to just be absolutely beautiful. I just can’t wait. It’s one part of the world I haven’t ridden my bike in. So totally stoked. I can’t wait to get up there.

Adam Force 4:18
That sounds like a lot of fun. I just saw something in the news. I was talking to my wife and I was like, Man, this guy, he broke the record for running 100 consecutive miles and guess what his average mile pace was for 100 miles of running.

Michael O’Brien 4:36
I’m gonna guess so I think it’s going to be a little crazy so I’m going to say like like a seven minute mile.

Adam Force 4:43
6.47

Michael O’Brien 4:45
Wow. That’s nuts. Because like as a former, you know, I used to run before my accident which we’ll touch upon and so that is kick ass man like holy cow.

Adam Force 4:58
I couldn’t believe it. So Anyway, that was a jaw dropper. And when you talked about the doing some…I mean 60 miles a day on a bike is a lot in my world, like I’m not doing that. But a good way to keep in shape, that’s for sure.

Michael O’Brien 5:10
It’s a good way to keep in shape and you know, the cookies and the treats — you have a little bit less guilt as they touch your lips, you know, if you’ve ridden 60 miles so, but it’s really like it’s a great, great group of people and their attitude — I mean, it’s called Can Do MS — it’s just one of abundance. So you get that really cool vibe just being around them. And you think and you can do so much more than you think you can when you’re around them. And that has a beautiful way of just cascading or rippling into other aspects of your life.

Adam Force 5:42
Yeah, yeah. Awesome. So I’d like to give everybody a little background just so they know, you know, where you’re coming from and stuff and you know, you have a story that kind of led you to where you are now in your life. I’d like to just have you kind of walk us through that, you know, in a couple minutes or so, if you can do that background that would be great.

Michael O’Brien 6:03
Yeah, I’d love to share because it’s, you know, seminal to like who I am today. So, I’ll take your listeners back to July 11 2001. I had what I call my last bad day. I was out in New Mexico, riding my bike. I was out there for a corporate meeting sort of sales and marketing type of thing. Like a summit you fly out on Monday fly back on Friday. In between, they try to torture you with PowerPoint. And I thought, Adam, I was going to be the smartest guy in the world. I was going to bring my bike out, get some exercise, avoid the hotel gym. And unfortunately, and also fortunately, later, fortunately, I came around a bend on my fourth lap at a two mile loop. I was going to do about 10 loops for 20 miles before the meeting began. I came around the bend on my bike and an SUV, a Ford Explorer, white Ford Explorer, was coming right at me had crossed into my lane fully.

It was going about 40 miles an hour based on what the police estimate. And I had nowhere to go. And I didn’t have enough time to go anywhere either. Plus I was looking at it, I was like, Oh, he’s going to move, he’s going to see me, he’s going to move, he’s going to see me. And he never saw me and he, unfortunately, never moved. And I remember the sound of me hitting his grill into the windshield. You know, the thud I made as it came to the asphalt below, the screech of his brakes. I remember all that. And I was knocked unconscious. And when the EMTs arrived, they start trying to save my life, and I did I asked them the question that only another cyclist can really appreciate. I asked them, hey, how’s my bike? You know, because I was trying to cut the tension in the situation with a little humor, because I knew my life was in question just based on how they were reacting to, you know, my state of health and I was in the worst pain of my life.

To make a long story short, when they put me on that helicopter to take me to Albuquerque to the trauma center, I promised myself if I lived, I would stop chasing happiness. Because before that period of time, I was playing Superman at work. I thought I had to have all the answers because I was the leader. I was playing Superman at home because I thought as the provider and the dad and the husband, I had to have all the answers. And I was pouring a whole bunch of stress inside. I suffered from “comparisonitis” — like what I had versus what everyone else had. And I always felt I didn’t have enough so I just kept on chasing on that hamster wheel.

And I caught some things every now and again that made me happy but then like any great finish line to poofs and goes away and that was back to chasing. So I knew in that moment that I had to change the way I lived if I was going to have the life I wanted to have so I made that commitment that was gonna stop chasing happiness when they put me on the helicopter and long story short…and you know, I’m, you know not to ruin the end of the story: I live in the end. And I finally had a shift where I realized that I could live life by a different script and not by the script I thought society wanted me to live by.

Adam Force 9:17
Yeah, that’s powerful. I mean, sometimes these experiences can really jolt your perspective and how you see and live your life. And it reminded me of a time somebody told me I was talking about something about, you know, I want this and I want that and he’s like, well, you have to, you have to realize that if you feel that way, that’s the person you are that wants these things, when you get it, you’re still going to be the person that wants. And you’re always going to be in the cycle of wanting no matter what you get. Like, oh, man, okay, and so you mentioned you know, you were in some kind of cycle there of chasing happiness and things like that. So, tell me a little bit you know, from this event, how–what kind of changes did you start making?

Michael O’Brien 10:00
Well, I knew I had to get clear on my priorities, you know, because a lot of it was sort of chasing those external merit badges in terms of, well, I’ll be happy when I get to the next level. And, you know, I see a lot with even entrepreneurs like, Well, once I get this done, then I’ll be happy, or once I get this, you know, like, once I get a TEDx talk, then I will be a successful speaker. You know, you can name 100 different things, Adam. So, one, I first realized that if I was going to get my body healthy, I had to get my mind right, you know, because we often talk about how we worry ourselves sick.

Adam Force 10:39
Yeah.

Michael O’Brien 10:39
Well, in a moment of aha, sort of like my big shift, I was like, Well, if you can worry yourself sick, why can’t you think yourself well? And my big goal at that point in time was I wanted to try to get back to some level of normalcy, and to get back home and out of the hospital. So I knew I had to start shifting my mindset. And that was the really the beginning part of like having more of a mindfulness practice, which I didn’t even know what it was back in 2001. Like, you know, we forget, like a lot of this mindfulness work, meditation, gratitude, being courageous, being vulnerable, all that is relatively new on the scene, thanks to social media.

It’s one of the good byproducts because some of those messages get to be spread pretty quickly. But back then I just knew in my gut, if you will, that I had to get my head right. I had to get my mindset, right. And also, I had to get really focused on what I wanted my purpose to be. And back then I just made a commitment. You know, I’m going to let go of all the titles, I’m going to let go of all the chasing of material possessions. And I want to be the best father and husband and version I could be, which I know sounds somewhat cliche and a little Pollyanna-ish, but really for me, if I could show up that way and sort of fulfill that, get closer to being the best I could be in those areas, then I knew the rest of the success of my life would flow naturally from that.

So I began doing different morning rituals, different evening rituals, but also just trying to live life with much more awareness as opposed to just sort of aimlessly going through life on the hamster wheel, just grinding it out before we knew anything about grinding it out, right? Because we didn’t, we didn’t call it hustling, grinding it back then. But I just knew that I needed to do purposeful work that was meaningful, and do it with gratitude and connection with others. If I showed up that way, if my “how” was right, then I would have the downstream impact that would be successful, you know, and I just…I put a lot of faith in that.

Adam Force 12:47
Yeah. So there’s a lot there. And I’m curious, were there certain routines that worked well for you?

Michael O’Brien 12:58
Yeah, there’s two that were very fabulous. One was–and I remember, the very next day I got up out of my bed early in the hospital, I scooted myself into my wheelchair and I willed myself to a quiet place in the hospital. And I had like all my CDs because I was rocking a Sony Discman back then; there was no iPod yet. So, you know, now everyone’s music is on their phone or through Spotify. But I had about 10 CDs and I had my disc man and I used that time one just to get quiet. So that was the beginning of my mindfulness practice where I just sat in quiet and connected with my breath. And really started to think through how I wanted to show up in the day.

So it really was about my intentionality, which I didn’t call it that back then. We sort of call it being intentional now, but I really wanted to frame out how I wanted to show up with my physical rehab, with my occupational rehab, and then with all the visitors that would come, and just energetically for myself. So that was a routine that I would spend the first five minutes just doing that. I spent some time, about 5-10 minutes, just connecting with my breath. And then I would put on the soundtrack of my recovery, which was Depeche Mode’s Violator album, which is still one of my favorites. And I would just get in and sort of connect with my music, and that would fire me up, and I would start moving my body.

So it was a whole ritual to get my mind set for the day, but also my body set for the day. And it was a really good way to sort of frame it out. And then at night, before I hit the pillow, I developed a gratitude practice because in my condition, it was so easy to fixate on all the things I couldn’t do anymore, all the things I didn’t have, all my pains, all my aches, the scars, all the problems of my accident and how it was going to impact my life. So I spent time just listing out what I was grateful for. And it’s so simple, but not enough people do it even today to really help, you know, balance out because we’re so hardwired to look at what’s wrong in the world, it gave me a chance to look for what’s good in the world. And that helped me build into the next day. And then I developed that mantra creating better tomorrow’s as a way to sort of fuel my recovery.

Adam Force 15:25
Yeah, yeah. I don’t think a majority of people, you know, have these types of practices and, you know, everybody, you know, start talking about morning rituals or evening rituals. And after enough research, you know, and talking to some of these people around the world, like the Arianna Huffingtons and Tony Robbins, all these things, it’s like you find out that — in my perspective where I’ve come to conclusion is — you don’t have to wake up at 4 a.m. if that’s not good for you, right? Working within the best hours for yourself and finding a routine that is grounded in certain principles, but it’s for you. It’s tailored for you. You know what I mean?

Michael O’Brien 16:07
Absolutely, I think, yeah, I think a lot of times we go to celebrity too frequently to say, oh, wow, Tony and Ariana or Seth or fill in the blank — those guys are so super successful. I’ll do exactly what they do. And then we’ll do like Tony’s like ice, you know, ice plunge in the morning. You know, and we do that for a couple days and we’re like, this is bogus, like, how does he even do it? And so, yes, totally sucks. And that’s not to, you know, throw shade on Tony, obviously a wicked successful, but like they’re doing things that help them move forward. And we got to find the things that help us move forward. So my practice is my practice. And I offer it up to people and my clients as an example of what you can do. But what I try to share is like, you know, there are no hacks, there are no shortcuts. If the hacks and shortcuts were really things that were working, they wouldn’t be known as shortcuts and hacks. They would just be standard practices.

Adam Force 17:11
Yeah.

Michael O’Brien 17:12
So find the things that work for you to give your day some structure to allow you to rebound from those bad moments. Because whatever we’re doing, especially as an entrepreneur, we’re going to have bad moments. And my big thing coming off of my recovery is, I don’t want a bad moment to gain any more fuel than it should so it doesn’t turn into a bad day.

Adam Force 17:34
Exactly.

Michael O’Brien 17:35
And that’s why I sort of labeled my July 11 2001 as my last bad day and I haven’t had a bad day since, but I certainly have had challenging moments, bad moments, but I never want to give them any more energy than they deserve. Because if I do, then the whole day can get hijacked. And you know this Adam, one day gets hijacked, the next day gets hijacked. And now you’re on this pattern of bad days, over and over again. And then you can’t do the work you’re meant to do to help change the world and change people in a really magical way.

Adam Force 18:07
Yeah, it becomes like, as you focus on these things, you start just manifesting it every day. So you’re right. It’s kind of like, how you respond to things is really the bulk of what matters. So, you know, every even just as an example, outside of business, you know, if my wife and I get in an argument, it doesn’t last. We won’t be mad at for more than like an hour. Because after that, we’re like, okay, like I’m done putting energy into this. Still love you, let’s move forward. And that’s it. Like, we don’t want to carry any kind of resentment or, you know, just like the stress of being angry. Like, it’s just so ridiculous when you really get down to it. And I’ve learned that even with business, if you are focusing on things that aren’t working for your business, and you’re stressing and waking up in cold sweats and panicking about the money and all these things, not only are you when you focus on the wrong things like that, you are going to constantly perpetuate those things to get worse.

Michael O’Brien 19:05
Yeah, and you’re gonna, it’s what you’re talking about is really sort of forcing your way through life and your business. And nothing really good happens when we’re trying to force our way through it. Like you’re just clenching our teeth, you know, and not really enjoying our work because the other people that we serve, we can pick up on that, right, we can pick up on your vibe we can pick up on your energy. And so when we’re stuck in that loop, that negative, you know, self narrative, sometimes it sort of shows up that way, then it’s really hard to be present with the people that you need to be present with, and create the change that you’re really looking to create.

Adam Force 19:43
100% Yeah. And so tell me a little bit about the work you’re doing right now today with clients.

Michael O’Brien 19:52
With a lot of my work, I really try to help them focus on how to become more resilient because hey, here in 2019, we need more resilience, we need more courage. And we also need more communities. So we talk about — and I share with them — ways that they can be resilient in business. So when those bad moments or challenging moments happen, how do they respond quickly, much like you just mentioned, Adam. Like when you and your wife fight, that’s a bad moment, you don’t still last any longer than it needs to. So these things are going to happen. What I work with my clients on, it’s like, those moments are going to happen, how you respond to them is everything.

Adam Force 20:32
Yep.

Michael O’Brien 20:32
So when you do respond, the intensity isn’t as strong and the number of times you are triggered, hopefully, that’s reduced over time. So we work on that, but we also work on really understanding like who’s in your peloton. So, as a cyclist, I love to use cycling metaphors. So a peloton is a group of cyclists in a bike race. Much like the Tour de France, all those brightly clad guys racing down the roads of France are called the peloton. They need a whole bunch of trust and collaboration and communication and leadership to go down the road as fast and as safe as possible.

And we need it, too, as entrepreneurs or just as human beings, like who’s in your tribe? Who are you riding with if we’re going to use the peloton reference, so I really help people understand like, Who are you riding with? Who’s around you? And what roles do they play because not everyone on your personal board of directors or in your peloton serves the same role. Some people aren’t going to be there for you in a crisis. Some will be there to challenge your thinking and get you outside your comfort zone. But let’s be aware about who we’re spending our time with because life and running a business is not a solo endeavor. So you need the right people around you to bring out all its beauty and all your success.

Adam Force 21:50
Well, and so what are some of the, I guess, ideas around making…like what happens when you don’t have like…have you ever…I don’t know about you, but, like, I’ve started a couple companies and there has been times where you know, you’re in a position where you need help or you think you need help because you’re probably doing too — much more than you should be — to start your business because you don’t know what you’re doing. And then you bring people on board who are offering like, Hey, I’ll help and be part of this, it’s cool and all that stuff. And you start kind of getting stuck with this team that actually may not be serving you, may not be serving the business and in the end, you know, you’re going to have to figure out a way to maybe separate yourself. So I’m curious if you have any thoughts for people in their early stages on how to think about you know, getting involved with the right people?

Michael O’Brien 22:41
I love this question because gosh, it happened to me frequently. Probably more frequently than I care to admit but I’m sharing this with you now. It’s really the first time I’ve done it really publicly. In the beginning, even after all the work that I’ve done on myself coming out of my accident, when I was an entrepreneur, I got caught in comparing my beginning to a whole bunch of other people’s middle. And I was like, I want to be where they are. And I want to be there right now. And so there’s all these people coming to you saying, Hey, I’ll help you, I’ll help you, I’ll help you. Oh, it’s only a $19.97 program or, you know, a $97 course. And I’ll do this freelance work, and you’re like, oh, wow, if I just take that course, or if I get that person to help me, they’ll, introduce me to the next level and, it’s just a different version of chasing happiness.

And I did that, you know, a number of times. What I learned along the way after my first, I’d say year, year and a half, is I started asking people who were potential partners about their values. And I really wanted to tap into like, Okay, what do you value and how do you look at a partnership with a prospective business client, and I wanted to see how they were sort of hardwired, if you will. If their orientation was at least similar to mine that we look like we wanted to work together because we believed in each other’s work.

And it was more than just Hey, dollar signs, you know, dollar signs from me like, Oh, this person is going to help me get to the next level and dollar signs from them like, oh, here’s a new client. I wanted to have much more of a intimate passionate partnership where I believed in them and what they stood for and they saw the value in what I stood for as a way to get more cohesiveness with my peloton, so I would have more trust and with more trust you can do so much more good out there in the world.

Adam Force 24:42
Yeah, no, that makes a lot of sense. And I think everybody gets a little taste to this experience. And a lot of times you might find you know, I really like the people that are here. But you have to come to this like hard realization, like, are they right for actually making progress in the business right now especially at that particular phase in the business, right? So interesting, and I think a tough situation for a lot of people because you know, you can always…it’s so easy to get desperate and just want extra hands and so you’ll take on anybody that’s a willing spirit. Right?

Michael O’Brien 25:18
Absolutely. And I think a lot of times when the person is a good person, but doesn’t necessarily deliver the value prop that really will serve both parties, well, that’s tough because we don’t want to be a jerk. We want you know, we want to be kind. We want to be caring. But really, when we can separate that type of partnerships to say, hey, like, as a person, I love you to death. But from a work perspective, where I’m going and where you’re going, it’s not the same place. What that does, it frees us up to go into different partnerships. It also frees them up to explore different partnerships that fit them better. So there’s a lot of care…it’s tough to have the conversation. There’s no doubt about it. It’s a tough conversation to have. But it’s a vital one to have for really both parties.

Adam Force 26:12
Yeah.

Michael O’Brien 26:13
So, both parties can be surrounded by the type of people that can bring out their best but yeah, there’s no doubt about it. Like this aspect of being an entrepreneur is so critical. And you know, to avoid chasing those shiny objects and have those partnerships that will do right by you and can help shine a mirror in front of you when you need to, you know, have some awareness and can push you outside your comfort zone when they see that your work has even more value than sometimes, you know, what you see in your work, right? So because every now and again, we get a little self doubt that pops up as an entrepreneur. So it’s good to have these types of partners around us.

Adam Force 26:58
A little self doubt?

Michael O’Brien 27:00
Yeah, so a lot of self doubt, like I was inside before we got on. Before we got on the call Adam, I sent an email to someone. I was doing a reference check on a potential partner. I was checking out their values. And the email I wrote to my friend was like, yeah, I’m having a little self doubt, because the price tag to work with this person is a little steep. And in the early days, I got burnt by some price tags that were a little steep thinking it would be like, oh, they’re going to take me to the Promised Land of entrepreneurship. And so I emailed her, I was like, yeah, little self doubt, price tag, you know, am I going to replicate something I did years ago. And, you know, it’s good to get to this point where you can be open about that and say, Okay, this is what I’m dealing with. And, you know, after we get done talking, I’ll spend some, you know, more time to sort of processing it and then ultimately making a decision if I want to work with this person or not.

Adam Force 27:58
Yeah, and you kind of over time after really as you get experience in your space, I feel like you start learning where you need coaching and support. And we all need mentors, right? We all need people that have experience that can push us out of our comfort zone and stuff like that. But finding and vetting the people who have bad advice versus good advice, it becomes a little bit of a craft. And the more you know about your space, you’ll start knowing like, are they saying things that are logical here that makes sense and that I can trust them? And here’s that word again, trust like it comes down to Can I trust that one, their focus is what I need and that they can actually deliver on what they’re promising. Right?

Michael O’Brien 28:38
Absolutely. And I love to check them out, too like, just what they’re putting out there in the social space, right? So is it aligned to their marketing? Is it authentic? Are people making comments about their work and comments that are positive or maybe less so? Because that, you know if we’re going to develop a partnership with someone, we got to have that trust and a lot of the breadcrumbs we leave behind on social media gives us a good indication of like who this person is. And I think it’s a wise business practice just to do your due diligence on that before you broker a partnership. Maybe it’s easy to start, but a little bit harder to break.

Adam Force 29:25
Yeah. I mean, and we’ve gone through, you know, the courses and all those things. And you know, we’ve done even we have partnerships and mentors up to like 20, it can be, you know, $20,000 we’ve put in to get coaching and as you get more experience, it gets more expensive when you’re pushing into the next level of of what you’re doing. So you really do need to kind of like have a keen eye and do your due diligence. I think that’s a good way to put is really do that due diligence.

Michael O’Brien 29:49
Yeah, and I would say at all levels, you know. Even so, as a new entrepreneur, I remember my thinking is like I just want to get to the next level. I was fortunate last year to be in a pretty high level mastermind and the price tag was very similar to what you just referenced. And what was fascinating to me — and I knew this intellectually, but I didn’t necessarily understand it emotionally until I went for the first weekend. So all these, all these entrepreneurs were high level, like, like, let’s call it a million dollars plus. And they had their version of self doubt, because they were trying to get to the next level. And it was, so it’s like, oh, wow, like the self doubt — that part doesn’t necessarily go away, right? So you gotta be dealing with it. But, you know, goes back to that old adage: next level, next devil — that we’re always working with our self narrative, so we can get past it to serve more people, regardless of where we may be. If we have a $50,000 business or a $500,000 business. We all experience some of the same things. And we also experience the question mark of Who should we partner with? And spending some extra time on where we need partnership and who we do it with is just, yeah, it’s a sound business practice for any entrepreneur that wants to last over time.

Adam Force 31:17
Yeah. And you’re right, that self doubt. I mean, I one thing that Tony Robbins that stands out to me that he told us was like, he’s like, I work with all these people, all these professionals in different spaces, you know, they’re multi million dollar people. And anytime someone was stuck, and they’re trying to get to a next level in their life, or their business, whatever it might be, he said, 80% of the time, it was a psychological block that he had to help him get past. So they’re holding themselves back. It was not about the tactics, the strategy. It was just this psychological barrier, which is obviously self doubt is one of those types of barriers that I think is like, fundamentally consistent across the board, no matter where you are in your life.

Michael O’Brien 31:56
Absolutely. You know, I don’t really do a lot of work with entrepreneurs, as far as coaching them, most of my coaching is with corporate executives who have reached some of the highest levels in their company. And it’s all mindset as well, right? It’s all the self doubt. So here they are, they got these big corporate jobs, you think that they’re all that and a bag of chips. And at the end of the day, we all have the same issues, the, you know, the self doubt, the limiting beliefs, the incorrect interpretations or assumptions, making stuff up in our storytelling that doesn’t serve us well. We all have it, regardless of what level and when we realize that it’s like, wow, we’re all pretty human. And you can take like a collective exhale, and say, Okay, all right. So now what? Let’s get to work. And let’s try to figure it out and make iterations upon iterations or take a step closer to mastery. You know, appreciate the gift that each day really brings. Yeah, try to maximize it and then the next day we try to do a little bit better. And then, you know, you follow suit day after day.

Adam Force 33:06
Yeah, hundred percent. And it’s amazing because you can get into these conversations with coaches and other people that might be helping you out. And sometimes it’s just an experience or the way you might have heard something, I say this all the time, like, you might have heard someone, say, a certain make a certain point or share an idea. And you’re like, Okay, yeah, I get it. And then you hear someone else say it, but in a different perspective that’s right for you at that time. And it all of a sudden, a light bulb goes off and you’re like, Oh, now I really get it. You know, and it’s like, you have these moments of clarity.

Michael O’Brien 33:38
Absolutely. Well, there’s, I think there’s a belief in the advertising world that you have to hear a marketing message six or seven times it could even be higher, because there’s so much noise out in the marketplace now, but same thing in terms of sometimes advice, you know, as a parent, you know, I’ve told my kids like x y&z probably 1000 times and then someone they might hear from a YouTube influencer. And they’re like, Oh my god, Dad, I heard this amazing thing from so and so. And I’m like, Oh, really? What is it? And they’re like, well, we I should do this. And I it takes all my effort, Adam to be like, Oh, yeah, I think that’s really good advice even though like I’ve told you that 1000 times before. You know, it’s just, you know, as a parent, it’s, you know, it’s humbling at times because you tell your kids, all these different things, and sometimes they finally pick up on the lesson when they hear from outside or or a teacher or someone like that.

Adam Force 34:36
Yeah, yeah. Awesome. Well, Michael, listen, we’re going to wrap up here in a second, but I want to do two things. One, tell us about your latest book real quick what that is, so people, you know, who are interested can check that out and then tell us where people can just learn more about what you’re doing.

Michael O’Brien 34:51
Yeah, absolutely. So the new book is called My Last Bad Day Shift. And it’s all to help the reader prevent bad moments from turning into bad days and in it, I give real practical advice. Once I get done reading and it’s a short read it was a number one new release on Amazon’s quick reads and then in multiple sections within Amazon like work life balance and work life stress, all that. You know, practical tips in the morning, during work, and in the evening to help us manage our day so we have more energy in our days. So that’s I think it’s a great compliment or a companion piece to my memoir, and people get to learn a little bit more of my about my personal story, but the tips make it magical in my opinion, and then where to find more about me is my website, which is michaelobrienshift.com. And there you can find like my social media channels and sign up for my blog posts and all that good stuff like that. So yeah, so that’s the best place to start.

Adam Force 35:55
Awesome. Well, thank you so much, Michael. Appreciate your time today.

Michael O’Brien 35:59
Thanks, man. Thanks for having me on.

Adam Force 36:00
Alright, have a good one.

Announcer 36:01
That’s all for this episode. Your next step is to join the Change Creator revolution by downloading our interactive digital magazine app for premium content, exclusive interviews and more ways to stay on top of your game available now on iTunes and Google Play or visit changecreatormag.com. We’ll see you next time where money and meaning intersect right here at the Change Creator podcast.

Transcribed by https://otter.ai

Mastering Negotiation Standards: Attracting Impact Investors

All entrepreneurs, at some point, ask the question: How can I attract investment to grow my business? Answering this question is not easy since attracting investment for a venture is a complex process that takes a lot of work and time.

In the case of social entrepreneurs, the process of attracting investment is twice as complex. On the one hand, traditional investors fail to understand the impact component that the organization works and, on the other, impact investors who do understand and seek to carry out Investments that generate a social or environmental impact use a language that social entrepreneurs do not dominate.

How can social entrepreneurs attract impact investors?

The answer is to dominate the negotiation standards since these will allow the social entrepreneur to:

  • Establish a common language with impact investors.
  • Show how well the organization executes its social or environmental mission.

There is a wide variety of negotiation standards; here are some of the most used in impact investment markets:

Environmental, social and governance (ESG)

ESG is not so much a standard but rather a selection criterion that some investors use to determine in which companies to invest. This criterion analyzes three dimensions of the company: the environmental, which valued how well the organization performs in its relationship with nature. The social, which examines how the organization relates and operates with its employees, customers, suppliers, and communities. And finally, the governance, which analyzes how is the organization leadership, accountability, audit processes, among others.

SDG Sustainable Development Goals

Sustainable development goals are becoming increasingly relevant for impact investors as a form to select investment projects. Social entrepreneurs must determine whether their impact mission helps to achieve any of the sustainable development goals and establish mechanisms that allow them to measure the extent to which they are contributing to achieving that SDG. For more information on how to report with the SDGs visit: sdgreporting.org

Sustainability Accounting Standards Board (SASB)

SASB is a nonprofit organization that has set 77 industry-specific standards for environmental, social, and governance issues that allow social enterprises to measure and report their impact. For more information on how to report with SASBs visit: sasb.org

Global Reporting Initiative GRI

GRI standards are most used worldwide to report the sustainability practices of organizations and governments. They have a very robust platform and a methodology that guides entrepreneurs from the measurement phase to the communication phase. For more information on how to report with the GRI visit: www.globalreporting.org

International Integrated Reporting IIRC

In the words of its Chairman Professor Mervyn King, “The IIRC Framework is a tool for the better articulation of strategy, and to engage investors on a long-term journey to attract investment that will be crucial to achieving sustained, and sustainable, prosperity.” IIRC methodology measures how the organization creates value and places great emphasis on thinking about the organization in the future, that is, where it wants to go. For more information on how to report with the IIRC visit: https://integratedreporting.org/

The Planetary Boundaries Framework

The PB framework presents a set of nine planetary boundaries such as freshwater use, ocean acidification, climate change, biodiversity integrity, among others. Within which humanity can continue to develop and thrive for generations to come. In recent years, this framework has begun to gain relevance among companies and investors; for example, in 2016, the World Business Council on Sustainable Development implemented it to define its 2020 strategy. For more information on how to report with the IIRC visit: https: //www.stockholmresilience.org/research/planetary-boundaries.html

Implementing any of these standards can represent a significant investment of time and money for social entrepreneurs. For this reason, social entrepreneurs should follow these recommendations to master the negotiation standards:   

Choose the right standard

Some standards are better for large organizations, others are better for organizations working on an environmental mission, and others are better for showing where the organizations want to be in the future.

Social entrepreneurs must analyze each standard and select the one that allows them to show how well they are fulfilling their mission.  Also, they should keep in mind the cost of implementation and choose something they can afford; This could be a bit tricky since the social entrepreneur must find a balance between the standard that best suit his needs and the money he can spend.

Wrap it all in a Pitch

Once the organization has implemented the standard, the reports and data it will produce must wrap it in a pitch. This pitch must demonstrate how well the organization is performing to achieve its mission and what are the projections of future results. With this pitch, social entrepreneurs will be able to approach potential investors, and they will have enough weapons to demonstrate the potential of their organization and be able to start a conversation with a common language. Also, the data and reports generated will be handy if a stage of due diligence is reached.

It is important to remember that standards are a means to an end, and social entrepreneurs should not become slaves to measure and report everything that happens in their organization.

A company that has used standards very well to attract new stakeholders and allies is Pisos Mamut, a Bolivian social enterprise that recycles rubber from tires to create cushioning floors. Manuel Laredo, CEO of the company, says that they selected some aspects of different standards that would allow them to measure what they were interested in and that they could afford it. These data have allowed them to set a pitch that not only represents how well the company performs its mission, but also allowed them to create a value proposition based on the concept of sustainable cities. They now can demonstrate the environmental and social impact that the product has in the communities where it is used. With this pitch, they have won several international competitions, participated in investment rounds, and are now preparing for the internationalization of the company in several markets in South America.

Magento vs WooCommerce: Which is The Most Elite E-commerce Channel?

Principally, the expedition to hinge on the most pertinent e-commerce platform might seem a little nerve-cracking at times. To all iron-willed merchants who intend to make massive sales, it goes beyond the basics. In that context, I’ll presume that if you’re reading this piece, maybe you want to join the e-commerce bandwagon and make a decent ROI. If that’s the case, this is the only guide you need to start off your online business. At first glance, both Magneto and WooCommerce seem to have garnered some unwavering adhesion in the market. By and large, it’s sharp-witted to jump right in with well-informed insights. 

While there’s a remarkable dominance by the likes of Shopify and BigCommence, the two weigh in with distinctive features just to keep up with the pace. That being said, it’s wide of the mark to aimlessly suggest that Magneto is steadily gaining traction over WooCommerce, or vice versa. As things stand, the online retail model has an exceeding edge on Brick and Mortar stores.

This is where exactly the 3rd party channels come into play. For the most part, e-commerce merchants need a clear-sighted channel that comes with pleasing perks. Most imperatively, one which automates intricate transactions thus scaling their businesses by significant margins. Typically, it’s standard practice to give a run on each platform’s integrations, real-time reporting, inventory tracking, order processing, ease of use, CRM tools, and staff management, just to name a few functionalities. In actual fact, both Magneto and WooCommerce have free trial versions so worry no more.

Main Differences Between Magneto vs WooCommerce

The Main Differences between Magneto vs WooCommerce are:

  • Magneto is for bigger and established businesses, whereas WooCommerce is good for small businesses and beginners.
  • Magneto is more expensive, whereas WooCommerce has a cheaper price-tag.
  • Magneto offers a 24/7 support team, whereas WooCommerce doesn’t have a good support system. 

E-commerce scalability

In a large organization that needs a diverse sales channel, Magneto outshines WooCommerce by far if we are to look at everything from a scalability point of view. The latter is somewhat in the market to help small business owners build an online presence in the simplest way possible. Magneto allows you to explore the global market via its steady and definitive tools.

 Aside from the Open source plan, you can upgrade to the cloud e-commerce package which allows users to explore new functionalities. Of course, this comes at a fee which we’ll look into in comprehensively in just a moment. With such a plan at hand, a merchant can abundantly boost their sales by streamlining the shopping experience. Since it’s PCI compliant, you can include nearly all major payment methods.

As a retailer, you don’t want to be hit with maddening chargebacks every now and then. To that effect, Magneto’s premium plan enhances a secure checkout for all your customers no matter the geographical location.

Indeed, Magneto’s dashboard is quite versatile and allows merchants with multiple stores to manage transactions from a single point. If you were to go with WooCommerce, you’ll just hang on the minimum threshold. As you would expect from an ordinary 3rd party channel, it lets you access sales reports, manages orders, add products, and sort your inventory. Well, that might as well serve your business’ needs. However, the fact is, you might lose sight if you want to reach new heights.

Objectively and without bias, Magneto triumphs over WooCommerce in the management of demanding business setups. At the convenience of Magneto’s dashboard, you can sort the stock levels at various warehouses across the world, thus giving potential customers flexible order fulfillment options.

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Ease of Use

If you put both rivals into the test, WooCommerce comes out first quite remarkably. Since it’s an open-source platform built on WordPress, a beginner can easily download WordPress and perform tasks like theme customizations, set payment methods, shipping options, and many more. 

Magneto doesn’t present itself as a solution for individuals who are just about to venture into the e-commerce business. Please don’t get this the wrong way. It’s not ideal for rookies. If let’s say you want to personalize its enterprise omnichannel fulfillment process, you wouldn’t hack it without some expertise skills. This might sound a bit discouraging for users who lack the first-hand experience.

On the bright side, it has a better user interface design and striking themes that can be tweaked to suit any niche. 

Regardless, there are no regrets whatsoever if you go with Magneto so long as your skills to grasp the basics are quick on the uptake. Most of all, WooCommerce lays out the picture-perfect angle if you want to run an impressive blog section besides your online store. Many thanks to its integration capabilities with the popular WordPress CMS(content management system).beside

Pricing

This is where the debate gets a little heated. Notwithstanding that, let’s go with the assumption that you want to work with a balanced budget. Well, as mentioned earlier, both the WooCommerce plugin and WordPress CMS are absolutely free.It surely sounds like a promising starter pack for any individual who wants to run an effortless dropshipping business. 

Take note that you need to pay for the domain name, an SSL certificate, and WordPress hosting.The normal rate for a domain is $14.99/ year, while the SSL certificate goes for $69.99 per year. You might have to part with $7.99 per month for hosting. To have a fully functional WooCommerce site, these are some of the costs you’ll have to bear. 

Moreover, it gives you a range of pliable and cheap options as compared to Magneto.

Here’s why. 

You can alternatively go with Bluehost since it’s approved by WooCommerce as being a platform that gives more for less.Bluehost is generous enough to give you stable services at a low cost. As a beginner, Bluehost gives you viable offers which start from $6.95 per month. 

If you don’t intend to spend a penny on an all-inclusive theme, then you better go the WooCommerce way. Magneto has higher-priced themes than WooCommerce and this could be sort of far from a beginner’s budget. And the same goes for some of its high-end extensions which are costly as well. In actual fact, WooCommerce lets you use over 50,000 WordPress extensions for free. 

Even so, Magneto leaves you spoilt for choice. It has a couple of versions to pick from. Apart from the Open Source version which comes for free, there’s a Commerce plan which is compatible with fast-growing businesses. The enterprise edition which is customized by an expert, to be precise, would cost you anything above $100,000 to get your store fully operational. 

Clear sources indicate that a proficient Magneto developer charges anything between $65- $150 per hour. That being so, Magneto seems like a solution for business owners who need to expand their parameters by significant margins.  

What is Magneto?

Magneto is an e-commerce platform that uses open source technology to allow a retailer to build an online store that streamlines the entire shopping and checkout experience. That’s just a scratch on the surface. 

It predominantly suits the group of users who have professional experience. And by this, I mean web development skills or its equivalent. This platform is overpriced for quite a number of sensible reasons. One of them being its global merchandising capacity. 

It allows you to meet the ever-growing customer demand via an automated order management system. But that’s not all. Since it’s a cloud-based platform, you get accurate data reports in real-time. 

In any startup, the decision to make strides towards more revenue is often accompanied by clear insights. Magneto’s commercial dashboard is one tool that includes all elements designed to help the user make data-driven decisions. 

This platform seems to understand how practical it should be while trying to sort information from all actions happening in your site. To illustrate further, Magneto’s business intelligence gives you the most exquisite possibility to manage your enterprise through comprehensible data.

Your customers can easily build trust in your model since Magneto integrates with notable carriers(DHL, China Post). Its shipping system is aligned in a manner that helps to cut costs, yet at the same time, fulfill orders globally.

Who should use Magneto?

You should choose this platform if you’re more into B2B sales and want to boost your conversion rates in a forward-looking manner. On the whole, it seems like an ideal solution for mid-sized and large enterprises that want to grow their stores, brands, and fulfillment centers in the global space.

For the reason that a checkout process needs to be secure from both ends, any merchant who needs a system that is PCI compliant should consider using Magneto. As a further matter, you should depend on it if you need to include payment gateways like PayPal or Braintree.

If you do some digging, you’ll realize that there’s a prevalence of transactions coming from mobile devices. In that case, Magneto is fully optimized to be mobile-friendly. If most of your sales come from mobile users, Magneto could be the ultimate tool to help you work with responsive pages and ease the checkout experience. This lowers the bounce rates quite impressively. If you know what I mean.

In the competitive field of e-commerce, using an omnichannel is quite needful. On that note, this platform is meant for merchants who need to synchronize transactions from both their online and physical stores.Currently, most retailers are choosing to go the bricks and clicks way in a bid to make sales from both ends.  Most importantly, it suits retailers who have prior skills related to web development.

 Pros of Magneto

  1. Supports scalability for enterprises with goals to meet the global demand
  2. Has a sturdy B2B compatibility
  3. Advanced payment gateway integrations
  4. Multistore management from a single point
  5.  Comes with a couple of versions to pick from- Enterprise, Open source, cloud e-commerce and many more
  6. It has a versatile order fulfillment system
  7. Magneto has a dedicated customer support
  8. Several functionalities to play around with- product catalogs, shipping options.

Cons of Magneto

  1. It’s a bit costly to operate your business on Magneto
  2. Most of its extensions come with a price tag
  3. The frontend is quite complex for beginners
  4. Its maintenance routine is pretty much demanding

What is WooCommerce?

WooCommerce is an ecommerce platform that is popularly known for its plugin capacity with WordPress. By use of its powerful functionality, you can come up with a user-oriented online store.

Technically, It’s an open-source solution. Let me break down the jargon. Since both WooCommerce and WordPress are free, you can download and begin using its features instantly. 

Put differently, It gives you the space to sell any product or service no matter the location. First thing, you need to find a good hosting service from up-standing companies like Bluehost or Siteground. WooCommerce allows you to operate on a tested content management system which is proven to produce desired results. Not only does it have free customizable themes, but also allows you to get hold of over 400 extensions which link to your online store quite easily. 

If you need a professional WooCommerce theme, you might have to spend a few bucks. That’s not alarming, owing to the fact that premium themes come with higher security standards.

Its ease of use makes it an absolute choice for a beginner, unlike Magneto which needs a little more expertise. In regards to SEO, it integrates with external plugins like Yoast which helps you with your website’s optimization.

WooCommerce includes basic features you might need while sorting your products. It’s coupled with options to set product variants, SKU’s, set checkout pages,add the common payment options, and issue coupons to your loyal customers.

Together with that, it has both free and premium plugins which help you with shipment tracking, discounts, tax rules, recurring expenses, and payment processor integrations.

So who really needs to be head over heels for WooCommerce? Here’s a plain English answer….

Well, putting everything into consideration, it’s right to say that this is a faultless model for users with little or no experience at all in the e-commerce niche. In the event where things get a bit knotty, you can use the tutorials and articles on its support page to make all configurations. If you’re on a tight budget, WooCommerce has got you sorted since it’s free. 

It goes without saying that this plugin is simple and intuitive. If what you’re looking for is a channel that makes fine adjustments on your workflows and customizations a smooth sail, then you better give it a shot.

Besides that, you should consider this platform if you want to spend less on hosting. WooCommerce dropshipping sends automated emails to your suppliers anytime an order is made. It’s a plus since your customers get their products on time.  

Pros of WooCommerce

  1. Easy to make configurations
  2. Comes with a plugin to WordPress
  3. Has cheaper hosting options
  4. Wide range of themes to choose from
  5. Easier to learn as compared to Magneto
  6. It has advanced features for bigger online stores
  7. It’s costs less to maintain your site here

Cons of WooCommerce

  1. Initial configurations might take most of your time if you aren’t privy to the basics.
  2. Lacks a centralized support system. You have to source hosting from 3rd party services.
  3. Not ideal for scaling your business to an enterprise-grade level.

Magento vs WooCommerce: The Full Comparison. 

Here’s why you might need to place reliance on Magneto;                                           

Customer Support

As you may know, a prompt response is the most ideal strategy to relieve a customer’s pain. In this context, Magneto transcends over WooCommerce via its 24/7 live support. In the event of any hitches, Magneto users are certainly in the best position to have their issues resolved on time. That aside, it has an engaging community of skilled developers who help out skillfully on all sorts of configurations.

Scalability

To all intents and purposes, Magneto is tailor-made to suitably fit a wide array of niches. What does this mean? It comes with advanced functionalities to tweak your store in an elaborate manner. Not to mention its intuitive and customizable themes  But here’s the catch. In exchange for optimized processes, say, for instance, to boot up the checkout process, Magneto charges a few bucks for some of its premium plugins. 

This implies it’s built for merchants whose products have the prospects to cut above the bare minimum. For that reason, Magneto is a perfect fit only if you’ve got some prior skills. If not, you might need to hire an expert. And here’s why. To manage a giant e-commerce website, you need a CMS platform which gives you the leeway to boost your store’s performance. 

Multiple plans

Technically speaking, Magneto brings on board, several options to play around with. At the present moment, the platform offers the Magneto Open Source(formerly known as the Magneto Community), Magneto Enterprise, and Magneto Commerce cloud. Quite extensively, each version has its eccentric features. If your business is closely within sight of scaling to the next level, making an upgrade would be a no-brainer.

Security

 We must allude to the fact that cybercrime is staggeringly on the mainstream. Going by facts, a study in 2015 indicated that over 30,000 websites are hacked each day. Magneto strives to fend off such vulnerabilities. That’s not to say WooCommerce doesn’t mitigate possible hacking attempts. However, Magneto seems a bit more proactive. It releases updated security patches every so often which monitors your site to detect any form of malware or security breaches of any kind.

On the flip side, here’s what makes WooCommerce look more glossy and quite up to the task;

Cost

 Moneywise, we can’t overlook how WooCommerce tends to be quite budget-friendly. First off, it’s free and serves its users with handy extensions. Here, you don’t necessarily need to spend a dime on expensive plugins.

Simply put, WooCommerce offers more for way less. If you’re a clueless beginner in need of basic but actionable tools, then look no further. Since it’s built on light structures, hosting expenses are less as compared to Magneto which syncs with premium extensions. You can count on 3rd party hosting services which charges extremely low fees. Bluehost, in particular, has WooCommerce hosting solutions which start from $6.95 per month. 

Aside from that, it has themes which cost between $5 to $200. Magneto, on the other hand, has an enterprise plan which starts from $22,000 annually. The Magneto cloud commerce plan costs $2,000 per year including the hosting services.

Suppose you want to work with a managed WordPress hosting, you can count on providers like Liquid Web or WPEngine. It’s certain that WooCommerce is quite reasonable on the users’ pockets. 

Ease of Use

Interesting enough, WooCommerce scores a notch higher if we are to put user-friendliness into the equation. It’s fine-tuned to accommodate all newbies. WooCommerce gives online merchants the most compatible integration point to over 50,000 plugins on WordPress.

Reasoning from this fact, a user can make the most out of the tool to craft SEO focused blogs which can viably drive traffic to the online store. So just you know, no coding skills whatsoever are needed. In this regard, WooCommerce takes the lead. 

FAQ (Frequently Asked Questions)

Does WooCommerce integrate with WordPress?

Yes, it does. Here’s how you can add WooCommerce to your WordPress website;
1. Log in your WordPress account
2. Go to plugins
3. Choose ‘WooCommerce’
4. Click the ‘Install Now’ button
5. Select ‘Activate Now’ and the WooCommerce wizard will be ready to run

Is WooCommerce SEO friendly?

The primary fact that it runs on WordPress makes it an excellent fit to improve your SEO. Also, it accommodates other plugins which you can use to make your site reach the target audience.

What’s the difference between WordPress plugin and a WooCommerce extension?

WooCommerce extensions are part of WordPress plugins. That’s to say, you have to install it in the same manner as other WordPress plugins. Despite the fact that WooCommerce extensions are free, you may need to pay for some of the WordPress plugins.

Can you use Magneto with WordPress?

At this point in time, there’s an extension for Magneto known as FishPig. This free tool allows you to integrate your account with a WordPress blog. In this manner, you can boost your SEO performance by creating  audience focused content for your Magneto’s online store. It connects fully to your Magneto theme and this means customers won’t have to leave your blog if they want to access the store.

Is Magneto the best eCommerce Platform?

Well, this answer varies due to a number of dynamics. It’s difficult to suggest that Magneto is the best e-commerce platform considering the dominance of other channels in the market.

Magneto is not the best platform If you don’t have much startup capital. The likes of Shopify, WooCommerce, and 3dcart are best positioned in such a situation. On the contrary, Magneto seems like the most scalable among other platforms.

Alternatives to Try

Shopify 

In all candidness, I’d say that Shopify has all the mainstream basics you’d need for your dropshipping journey. The good thing about Shopify is that you don’t necessarily need a developer to get things up and running.

In other terms, almost everything on Shopify is plug-and-play and carries a high degree of user-friendliness. In relation to scalability, Shopify allows you to choose a plan that suits your needs. As a beginner, you can upload products, manage inventory, and create promotional campaigns from a single dashboard. 

It has a versatile app store which includes several free and paid apps to boost your store’s performance. Shopify’s checkout process is responsive and is optimized to fit any device; whether a mobile device or a desktop computer.

It’s user interface and design is incomparable. This makes its ease of use in a class by itself. If you’re of the view that Magneto is a bit off the budget, Shopify can be a high-standard alternative. 

The basic plan, for instance, costs $29 per month and comes with lots of benefits. This package allows you to create two staff accounts, upload an unlimited number of products, and process all major credit cards. This channel integrates with the popular Oberlo app which makes your dropshipping a whole lot easier. Once you sync the two together, you can import products from AliExpress to your online store. 

BigCommerce

This channel is against all odds, a suitable tool to start off your business across any niche in the e-commerce industry.

Numbers don’t lie. Currently, there are over 95,000 online stores built on the BigCommerce platform. Without doubt,  this channel is robust and gives viable flexibility to scale your business in the same way Magneto does. Here, you can sync your inventory to manage your online stores on big retail companies such as Amazon, eBay, or even Facebook.

The plans on BigCommerce range anywhere between $29.95 to $249.95 per month. The standard plan gives you unlimited storage capacity and allows both credit card and Paypal payments. No transaction fees guys! Each package comes with its own capabilities. If your sales increase over time, you can upgrade to the best applicable plan. 

Besides the multi-channel selling feature, you can customize your shipping options, improve the site’s SEO, and make good use of its paid themes(over 100 to select from). The templates can be adjusted to fit any business niche you might have in mind. 

3dcart

For those who don’t know, this platform dates all the way back in 1997. So here’s the glitz and glamour about 3dcart. It’s a well-aligned channel for mobile sales on social media tools like Pinterest, Facebook, and Instagram. This is very much possible since it has futuristic APIs which have the capacity to integrate with eCommerce related apps.

Looking at its ease of use, a beginner can catch up with the essentials quite fast. Ordinarily, you should expect things like order processing, product management marketing, and reports to be uncomplicated. Its dashboard has passed the above test fairly.

 It also has a variety of plans to choose from. They start from as low as $9.99 per month to as high as $99.99 per month. 

Over and above that, each plan has services like domain registration, live customer support, a facebook store and integration with over 100 payment providers. 

Magneto vs WooCommerce – Final Verdict

All things considered, it’s clear-cut that both platforms have multifaceted strengths and downsides as well. As a beginner, things are pretty much plain sailing if you set up an online store on WooCommerce. Its navigation tools are uncomplicated. Moreover, it ultimately requires less capital. 

Being that as it may, this platform is suitably designed for small-sized businesses. If you’re well versant with WordPress, WooCommerce is, by all means, a match made in heaven since it entirely runs on this popular website builder.

Contrastingly, Magneto is a faultless channel for merchants with demanding B2B e-commerce needs and want comprehensive integrations. This utterly justifies its highly-priced Enterprise plan which allows business scalability to newer heights. 

Further read:

5 Simple Ways to Grow Your Ecommerce Business

Running an e-commerce business is a dream come true: You’re able to work from home doing what you love, and you’re selling products online that are making you decent money. It’s amazing having your workshop out of your home — but do you want to be there forever? If you’re content to stay put and keep doing what you’re doing, then keep at it. If, however, you have dreams of scaling up and making your e-commerce business even bigger, what are some of the best tips to follow?

1. Advertise And Spread The Word

A curious thing happens when you don’t advertise your business: Nothing! How can anybody know you exist if you’re not doing anything to get noticed? Start with a bang-up marketing strategy to help more people find you. Sure, your friends and family know that you do what you do, but does anyone else? Remember the golden rule when you’re starting out in e-comm: Just because you build it, that doesn’t mean that they will come.

If you have no idea how to advertise your business, think about hiring a marketing specialist to help you. These professionals are well-versed in the ways of the hottest online marketing tactics including:

  • Webpage and logo design, especially if they are also handy with graphic design languages like CSS and HTML.
  • Social media management, including methods for finding the most-searched-for keywords and trending topics/hashtags.
  • Expertise and skill in the best uses of SEO, especially in places like your website and on your blog.

The more places that you get the word out, the busier you will become. Don’t underestimate the power of a well-built website as well as social media and tagging!

2. Make Amazing Customer Service Part Of Your Culture

Everybody knows how frustrating it can be to work with a company that doesn’t appear to know their feet from their hands. Even if you’re a one-person operation, taking care of your customers should be one of your top priorities. Remember that going above and beyond goes a lot farther with most people than being harsh and difficult. Think about things like:

Returns and exchanges. What’s your policy, and how rigidly do you follow it? Do you have a zero-tolerance policy for clients who try to exchange a product after the allotted amount of time, or do you hear everyone out and go case-by-case? 

Complaints and negative online reviews. The truth is that no matter what, there are people who refuse to accept defeat. When you work in a public-facing job you tend to come into contact with those people more often than not, so have a good strategy in how you deal with it. Do you get aggressive and snap back when someone is being difficult, or do you take a breath and work through the problem together? 

Questions and custom orders. Make sure that you are prompt and efficient if someone emails you directly; try to make it a personal goal to respond to all company emails in 24 hours or less. If someone has a question about a custom order, decide how you will handle it. Are custom orders something you do or have you never considered it before?

3. Think About How You Accept Payment

Clunky check-out processes are a pain to get through when you’re trying to order something online. Make yours as streamlined as possible for your clients. Cloud security should be important to you since security breaches are bad for business, but also because you want to protect your clients and keep their information safe. However you accept payment, it is recommended that you use a third-party system like Paypal. This way, in case there does happen to be a data breach, the information is not stored on your cloud and your hands are clean. 

Remember though: What you think is most convenient might not be everyone’s favorite. Although Paypal is one of the most common third-party sites to pay for things, think about the other popular ones that might appeal to different audiences:

  • Other transfer sites like Venmo and Zelle
  • Apple Pay/Apple Wallet
  • Debit/credit cards

4. Remember Office Needs As Well

Staying organized in your business is a phenomenal thing. It helps you to easily see what’s happening, any paperwork that needs approval or a signature and other day-to-day office functionalities. Streamline your office so that it helps you to manage everything quickly and professionally.

Invoices and bills. Sending an invoice is vital: It ensures that you will get paid by the client. Do you already have a template that you use, or do you need to custom-create one from scratch?

PR and customer relations. Even tiny businesses consisting of one person need to care about their image. How can you ensure that you are Johnny on the spot when something happens with your company? Are you on call at all times in case of an emergency and ready to jump in and help? Prove to customers that you care and want to be the one that they come to in case there’s a question or concern.

Business taxes. You already give your money to Uncle Sam at the end of the year for your home and life, but a small business carries plenty of its own taxes too. Understand what will be expected of you come April 15th, and consider hiring an accountant in case you’re worried you will miss something. Sometimes a second pair of eyes can help you out.

5. Show And Tell

You already have a website that showcases your products, but how are the pictures? Customers are looking for good-quality, detailed pictures that help them get a visual of your items and see all specs. If you have junky, pixely cell phone pictures that you snapped in bad lighting, it shows on your website and consumers will notices. Similarly, are your product descriptions well-written and informative? Will customers know what they are getting when they look at your website? 

An e-comm business runs differently from a brick-and-mortar company, but business principles are much the same between the two. Understand the best ways to grow your e-commerce business to move up and move on.

Mark Agnew: Challenging the Buy-One-Give-One Social Business Model

Listen to our exclusive interview with Mark Agnew:

Subscribe to this show on Spotify  |  iTunes  |  Stitcher  |  Soundcloud

Mark Agnew’s life’s work was sparked by a brutal attack when he was mugged at the age of 26. He was hit in the face and permanently blinded in one eye. The 1987 attack planted the seed for a future in the eyeglass industry, but not right away.

First came a move to another city, a business degree, and a stint on Wall Street in a research capacity. But after 10 years, he realized he didn’t find the work interesting since he wasn’t having much of an impact on others. After looking into the eyewear industry, Mark recognized that the inefficiencies he discovered were causing people to pay far too much for eyewear. Another issue was product selection in most stores that was mediocre at best. This led to the creation of eyeglasses.com in 2000, one of the first online retailers to sell eyewear. Back then, Mark’s greatest challenge was convincing the general public that they could and should purchase eyeglasses online. But, as time went on and people became more comfortable with online shopping, business improved. 

PiWear: Eyewear With Purpose

This past July, Mark’s goal to help others through his business came to fruition through the launch of PiWear, a line of eyewear that gives back. For every pair of their glasses sold, PiWear provides eyesight-restoring surgery to a blind person in need. Mark describes this model of giving back as “version two” of the one-for-one giveback model — a step beyond the original version. The name, PiWear, is a nod to the line of eyewear as it features circular glasses. The line is constantly evolving, explains Mark, with new designs and colors continually added. 

 

Good Karma is Universal

PiWear’s charitable work is accomplished through the Sankara Eye Foundation in India. They’ve built 10 hospitals, with an additional two under construction. With PiWear’s help, they’ve performed over two million surgeries so far. Mark states that this model is so interesting that they are looking to expand it to other countries. When asked why he decided to help people in India and not his native United States, Mark makes an interesting point: He sees the world as a place where we are all linked together. So, giving someone the gift of sight in India, he explains, will come back to us in karmic benefit.

So when you help another person, whether they’re next to you or they’re across the world, it helps you, it helps them. And in the business context, it helps your company.

A second reason PiWear funds surgeries in India is that each cataract surgery costs roughly $30 to perform there. In the United States, that same surgery costs $3,000. Mark argues that it makes no sense for him to wait until he has sold 100 pairs of eyeglasses in order to only help one person in the U.S. He adds that this also wakes people up to the realities of the American medical system since the surgeries performed in India are identical to those performed in the United States, each only taking about 15 minutes. 

Help Others and Never Give Up

When PiWear helps a person in need, they don’t just help the person regaining their eyesight; they help those around them, too. Mark points out that the recipient’s community also feels the benefit of someone who can once again take care of themselves. They also feel inspired by the fact that a total stranger would be willing to give them the gift of sight. This is the prime directive Mark believes is at the base of every successful company — to help others and to never give up.

We also recommend:

Transcription of Interview (Transcribed by Otter.ai; there may be errors.)

Adam Force 0:13
Hey, what’s up and welcome back to the Change Creator podcast show. Hope everybody is doing amazing. So this episode, we’re going to be talking to somebody who was a former Wall Street trader and financial analyst, and his name is Mark Agnew. He has now founded eyeglasses.com. And that is an antidote to optical stores and insurance companies that are known to overcharge customers for eyeglasses, prescriptions and sunglasses and things like that. He was really unhappy just with the state of the industry. And so he actually wrote a book called Eyeglasses Buying Guide, and that was published in 2019. And it covers basically 20 years of all his insights and tips for consumers to navigate eyecare products.

Now what’s interesting is he launched this new line called PiWear, and for each pair of those glasses that are sold, they’re offering eye surgery for somebody in rural India that actually cures blindness caused by cataracts. So he has a really interesting story. And he’s got a lot of experience in this space. And he’s challenging that one-for-one model with a new creative approach by offering this surgery instead. And this has been helping a lot of people with that problem. So pretty amazing stuff. And we’re going to learn more about that and how it works. If you didn’t catch the last episode, we spoke with Tom Kulzer. He’s the founder of AWeber and we talked about email marketing, and he has over 20 years of insights. So it’s a great conversation that we have about email marketing. So we want to step up the engagement and the growth of your email. There’s a lot of good little tips in there. So if you want to swing back and check out that discussion with Tom Kulzer.

Make sure you stop by changecreator.com, we’ve been putting out a ton of new content that you guys can check out, that will be super valuable. And you can get on the waitlist for the Captivate Method, there’s tons of opportunity in that program for people that are looking to take a social impact business and create a digital system that helps them become profitable. Okay? Guys, we’re on Facebook a lot. So if you’re not following on Facebook, you’re going to be missing out on stuff. So make sure that you catch us on Facebook. And we also have the group, the Profitable Digital Impact Entrepreneur. So if you want to get a little bit deeper and more intimate with learning and a network of like minded people, you want to get into the group. So just fill out a couple questions over there and we’ll get you in. We are selective about who comes in. So we appreciate you taking the time to check that out and answer those questions. And last but not least, please stop by and leave us a review in the iTunes Store. Those are very, very helpful and we always love hearing from you guys. Appreciate all the good feedback and the emails we get from everybody. It’s always great to see. Alright guys, let’s jump into this conversation.

Announcer 3:10
Okay, show me the heat.

Adam Force 3:15
Hey Mark, welcome to the Change Creator podcast show. How you doing today, man?

Mark Agnew 3:20
Doing great, Adam. Thanks for having me on today.

Adam Force 3:22
You got it. I appreciate you being here. I love talking about social impact business models, and it looks like you’re doing some cool stuff. So before we get into all the dirty details, could you tell us a little bit about what you got going on today? What’s going on in your world?

Mark Agnew 3:36
Well, the world of eyeglasses is I wouldn’t say the most exciting world out there. It’s an item that we have in our daily lives. And it’s been around a couple hundred years. But what we try to do here is to continually evolve our service product that we offer to people and give them more than they thought they were going to get when they come to our website.

Adam Force 4:05
Awesome and tell us a little bit about yourself. Like, what’s going on for you? How you feeling about things? What’s your goals these days? Any big wins for you?

Mark Agnew 4:13
You know, what I constantly try to do with this company I’ve been at it 20 years and it’s…there is no single mission; it’s an evolution. And so we started at one place and had been working at it and recently have started a new project which I’m very very excited about. We’ll talk about later — the the PiWear — and for us, it’s about how to give back more while doing it, you know, efficiently and profitably and so that we can stay in business and also be an example to others.

Adam Force 4:54
Awesome. I love it. Yeah, there is this constant evolution of things. And, you know, I guess fresh ideas come from previous ideas and we just keep iterating. Right? Just kind of like that lean process almost. Do you see a difference in the marketplace? How like, just what people are looking for from businesses today?

Mark Agnew 5:18
Yeah, the people expect more from the internet than they did; they’re much smarter and savvier and more educated than they’ve ever been. And this is something we’ve seen, year after year, it grows and it’s very much in our favor. So typically, what you see in the lifestyle of things is that a new shiny object will come up and everyone will get excited about it, and they’ll blast on social media. And then it’ll kind of wear off because they realized that that shiny new thing doesn’t have a lot of substance behind it or beneath it. And so that’s been very much a challenge that we’ve had. We are one of the first places that opened up online back in 2000. And about six years ago, seven years ago, we saw a ton of companies coming out with a very inexpensive eyeglasses on the internet. And the amount of customers for those places exploded. But those customers are now starting to look for a better quality product. They know how to do it online. And, and that’s helping us quite a bit.

Adam Force 6:46
Yep, yep. Yeah, so I guess you know, before we get into what you have going on, and let me know if I think you said PiWear, right? That’s how you pronounce that?

Mark Agnew 6:56
Yeah.

Adam Force 6:56
Okay. Before we get into those details, and how we’re kind of shifting that one-for-one model with what you’re doing, what got you into eyeglasses? Can you tell us that story?

Mark Agnew 7:08
Sure. So, and you mentioned at the beginning, that companies do things that are based on their interests or their…something that’s really affected them in a forceful way. And that’s exactly how eyeglasses.com started, although I didn’t know it. Back in 1987, when I was 26 years old, I was mugged and hit in the eye with a stick and permanently blinded in one eye. And at that time, it shocked me into changing my life, but I was still a long way away from starting an eyeglasses company. So I changed my job. I moved to another city. Couple years later, I got a business degree, came back. I went back to working on Wall Street in a research capacity this time. I moved from sales to research, I learned over 10 years at Bear Stearns Lehman Brothers how to analyze companies and businesses.

And then after about 10 years of that, I realized that it just wasn’t that interesting because I wasn’t doing anything for people. So I really wanted to have more of an impact. So I started looking around at businesses to research and I looked at a lot of different things, but I kept coming back to the vision industry because being blind in one either there are certain experiences you have seeing the doctor and eye operations and going and getting eyeglasses. So I started looking at it and I realized that there was tremendous inefficiencies in the eyewear business, which was causing people to pay way too much for eyeglasses and being forced to buy from a very small choice in most stores. And the internet was a perfect way to fix some of those problems and that’s how it all got started.

Adam Force 9:09
Wow, that’s pretty cool. I mean your story ties right in. I think it’s actually good that you kind of stuck with the eyeglass space because it makes…it just kind of aligns to your history and there’s a good reason for you doing what you’re doing now.

Mark Agnew 9:21
Yeah, and it’s funny how a person’s personal passion or personal experience translates into a passion to help others.

Adam Force 9:34
Yeah, I love it. And we always say that you know, it’s not just the product that brings the value; it’s the intention that it was created with. It’s the meaning — the story — that’s behind it that really can give it value for people and I love your quick story that you gave us behind this. And it sounds like it’s gone down a really interesting path because, you know, you talk about let’s actually tee up PiWear and what you’re doing because we talked about kind of challenging the existing one-to-one model. Now, we’ve interviewed Blake Mycoskie, the founder of TOMS and we had that conversation. So, people who listen to our show, I’d love to hear kind of like your take on the evolution of this business model and what you’re trying to do with PiWear, so maybe a little background there would be good.

Mark Agnew 10:18
Sure, the one-to-one model is definitely very inspirational to me. And you know, I’ve listened to his story and obviously very familiar with Warby Parker, and, you know, Pura Vida, and you know, there’s a number of stories out there that…The Sock Company…And and it’s just really inspiring to hear how those companies have taken the one-for-one model and inspire people to think differently about how they consume, when they consume, and why they consume. So that was very inspirational to me. But I couldn’t figure out a way to translate this into our business. So in the first, say 12 years before Warby Parker came along we would do things like give free eyeglasses to local homeless shelters and get them eye exams and when people had real problems we hooked them up with doctors who would give them free eye surgeries and things like that. And that was great. But it wasn’t, like, it wasn’t enough.

So then you’ve got these one-for-one models and that’s great, too. But I think we’re kind of getting beyond that model, call that the version one. And I’m kind of looking at version two of the give-back and putting all that together and trying to get people in really truly inspired to take another look at the giveback value proposition. I came up with a new eyewear line which we call PiWear because they’re circular glasses, symbol pie. And when you buy a pair of these glasses, we donate a surgery so that blind people can see again, which is just so powerful to me because, you know, seeing again is a luxury I don’t have from an operation but many people do. So, yeah, so that evolved.

Adam Force 12:47
I mean, it’s interesting. And as I hear that, I’m thinking about your experience and you know, the immediate thing is like, well buy one get one. I mean, great, so we can evolve that and it could be yeah, you buy something from us and now we’re donating this surgery to somebody and it’s not just about helping people who can’t see well see better; it’s about helping someone who can’t see at all see: a very different dynamic and it leads me to…I kind of want to ask about your experience personally, meaning when you lost you know, your vision in the one eye, what was the most difficult part about that for you?

Mark Agnew 13:23
Oh, it was definitely the emotional part. The physical part wasn’t that dramatic but the emotions that you go through in losing vision is really devastating. That first month or two months was very, very difficult to function at all. Because we are so kind of trained to assume that our vision is there and will never go away. It’s like the ability to lift a glass to your mouth and take a drink of water and the ability to you know, pick up a fork with some food. We take it for granted. Just, you know, looking out a window with the trees — we take that for granted. And so when that is kind of being taken away from you in the space of about two hours every fear in your life kind of comes home to roost and interrupts all your basic functions for a while.

Adam Force 14:36
Yeah, I mean, I can close one eye and I feel like I’m a blurry mess. You know, it’s like a whole other world.

Mark Agnew 14:43
Yeah, yeah.

Adam Force 14:44
I can imagine the the emotional stress and the difficulty of just adapting to that and I guess just personally accepting it, right? So here you are, you know, you’ve had this experience and now I can see obviously why it kind of led you to help people cure blindness who could be cured versus just giving people who can already see glasses, right? So why did you decide that you were helping people in rural India? What’s the reason for that location?

Mark Agnew 15:13
You know, the concept of charity is interesting because every one of us has a finite number of amount of resources that we can give. So, you know, between the guys in the street that are asking for money and the emails that you get from your friends asking for money and the things you do in companies that you might work for and the things then businesses that you might create, to give back — all of these things require resources from us. And we have a finite amount of resources so we can’t give to everything. You know, the richest man in the world can’t give to every everything. So there has to be a — each person has to create like a personal, you know, boundary around what they’re going to do and why they’re going to do it. And so this is why I think you see so many people starting businesses around a personal passion, because that’s the boundary they have erected to pursue. It’s something that comes from the heart and that truth is what fires up the business.

Adam Force 16:24
100%. It makes it meaningful for them to wake up every day and you know, it has, I guess, a connection for them and, and that is felt by the people who become their advocates. Right? So I mean, it’s great when you hear someone’s story about what they’re doing and why just like you’ve shared today because when you see that, you can see they’re genuine. You see where they’re coming from, and we all know there’s something in it for the business owner, like what’s in it for you? Well, the story is a great representation of you know, your intention. So to me, it’s just — it’s a good feeling and you know you’re getting behind something that you can be proud of.

Mark Agnew 17:03
Yeah, yeah, absolutely. There has to be, I mean, we have to do certain things. You know, we have to buy eyeglasses, we have to buy socks. And so the question is, where do we do that? And what things in our life do we want to support? So if you’re going to buy a pair of socks or a pair of eyeglasses, why not do it with a company that has the intention of, you know, putting a portion of their profits to help people who need help?

Adam Force 17:34
Yeah, exactly, exactly. I mean, it is..and that’s the thing I love. And this is what Change Creator’s all about is really trying to flip the script on how we…the intention we have behind business, because obviously there’s people who have bad, not bad intentions, but intentions that don’t serve the world. Right? Now, that happens all the time. And so we’re trying to like change the way we think about this approach to business and, you know, seeing people like yourself. You’re right, we got to buy all this stuff every day. Let’s get it from someone who has good intentions and they are considering, you know, the bigger picture of the people, the planet, and not just the bottom line as they classically say, right?

Mark Agnew 18:13
Yeah, I think it’s fascinating that big business is now moving away from the Milton Friedman model of profit as the, you know, the great denominator and are starting to look at soft benefits such as you know, employee happiness and you know, betterment of the world and you know, improving things in the community. It’s happening not only at the small company level like ours but also in big business.

Adam Force 18:47
And what makes you say it’s happening in big business?

Mark Agnew 18:51
Well, the Council of CEOs recently, you know, changed their kind of their edict or their mantra away from the Milton Friedman model to one that’s, I believe it’s there’s five different, you know, qualities of what a company should be doing and profit is not among them.

Adam Force 19:19
That’s interesting. Where does someone find that kind of information?

Mark Agnew 19:24
I can show you the link after the podcast.

Adam Force 19:27
Yeah, that would be cool. I’d like to share that and see it. I’m always looking for big business and seeing like is the demand of people and what the attitudes of people have about this stuff? Is it changing the behaviors of big business and you know, I love hearing what you’re saying and I love even more to see what you’re talking about, but then actually see it in action. Right. They know that it’s good business to talk about it just like you have the cow on a milk carton, in a grassy field. But, you know, behind the scenes, it’s a very different world sometimes.

Mark Agnew 20:05
Yeah, absolutely and maximizing profit is so deeply ingrained in our legal system and in our stock market, that it’s an evolutionary process, not a revolutionary one. But it’s, it has to [unintelligible] somewhere.

Adam Force 20:21
Exactly.

Mark Agnew 20:23
And hopefully what you’re doing, what I’m doing, what other companies are doing, smaller companies will facilitate that change. Also, if you look at what our kids are learning in schools…I have three kids or two kids in college, one out of college, and they’ve been learning for 20 years to do community service, to protect the environment. And that whole, you know, all those kids in their teens and 20s in 10 or 20 years are going to be you know, largely running this country. So I love to see the progress of that moving into industry.

Adam Force 21:02
Me too. I love that. And you know, it starts in those early years. So if good schools are picking up those types of, you know, educational behaviors and stuff like that, that is a beautiful thing. And you do see it, right? I mean, I don’t know how much I trust this data anymore, whether it’s Nielsen and Pew and all these guys, Gallup but, you know, you see these trends where you go from the boomers to Gen X to millennials, and then as you get down to Gen Z, they, the younger you get, the more their value, their attitudes and behavior shift towards exactly what you’re saying, you know, protect the environment, put values into business, you know. Buy things that are ethical and sustainable. It gets stronger and stronger with the younger generations.

Mark Agnew 21:46
Yes, yes. It’s great to see that.

Adam Force 21:49
And you’re right. It’s like an evolution. I mean, you know, your business and all these other people who are out there with this intention behind the business and they’re thinking big picture. This is the transition. Like, we always talk about how there’s a major transition happening. It’s like old school of thought fighting with this new school of thought. And, you know, it’s going to take a while because it’s like, like you said, so many years of profit first mentality. It’s going to take time for that to dissipate.

Mark Agnew 22:18
You know, it’s going to take time, and there’s going to be, you know, different versions of things happening. That’s why I refer to the buy-one-give-one as version one, and what I’m trying to do with PiWear as kind of version two, where people are connected to really a massive change of another human being. And, you know, a question that should be addressed if I was going to start asking the questions here…

Adam Force 22:48
Go for it! Flip it around.

Mark Agnew 22:51
…is because I’ve heard this question from people and at first it kind of stunned me, but I think it’s important to ask. People are asking me, “You know, that’s great that you’re helping people in India. But why don’t you help people in the United States?”

Adam Force 23:06
Yeah.

Mark Agnew 23:08
So I think that’s kind of a key question. And the way I solve for that is in a couple ways. First of all, I see the world as a place in which everyone is linked together. So even though we’re helping people in India, the gift that I’m giving to them, that our customers are giving to them, is helping us. Even if nobody knows about it, even if you come and buy a pair of PiWear and don’t tell anybody about it, that gift that’s going to an anonymous person in India is providing psychic benefit to you or karmic benefit, if you like, to you and it’s something that everyone should focus on doing more because when we help others, that immediately comes back to us in some form. So that’s that’s one answer. The other is that it kind of is a backhanded way of me pointing out that a cataract surgery in India costs $30.

In the United States, it costs $3,000. So it, it really makes no sense for me to, you know, to wait until I’ve sold 100 pairs of glasses in order to provide an eye surgery here. It just isn’t enough leverage in that and it kind of wakes people up to the concept of how crazy our medical system has become because the surgeries going on in India are exactly the same process. It takes 15 minutes. It’s the same amount of expertise. They’re probably better at it than we are. So that’s going on and…you know that those are really the two main ways that I would answer that question. I do want to help people in the US, but at the moment in the context of my mission, it makes a lot more sense to do it this way.

Adam Force 25:16
Yeah. I mean, you know, being close to the industry, I kind of take that for granted. And, you know, I was asking you like, why India and stuff like that, and I think that your answers are perfect, because, yeah, we have a for profit health care system in the US. And it’s like, seven times more expensive than anywhere else in the world, if not more, right? So it’s very difficult to contribute in these ways in the US, so you know. But I also look at around the world where people have more, you know, there’s people with a lot of need, and I agree with you, it’s like, you know, we are all…it’s like a wave who’s part of an ocean, right? Like, it’s all connected in that way. And so you’re helping a human being, period. And people are so wrapped up in this idea of thinking with borders and being patriotic that they think it’s better to help one person who lives closer to them versus another person who doesn’t, which is kind of crazy.

Mark Agnew 26:07
Yeah, yeah, it is crazy.

Adam Force 26:12
That’s another thing too. It’s just long term…I guess, you know, just the way we were taught and what we were taught to believe. I always found borders and things like that a little bit crazy. And I don’t wanna get too off topic, but, you know, when you mentioned that, it kind of rung a bell for me as well. And I think the same way as you. It’s funny, I think people in the social impact space, many of them think this way, you know?

Mark Agnew 26:36
Yeah, yeah. And also, the other thing that I’m conscious of is not just the person that receives the gift, but that person and that — and this goes for, you know, the US or anywhere else — every person that is struggling in that way. When when they’re helped, they’re being supported by a community. So the community feels the, you know, the impact of someone who’s not able to take care of themselves. And if you’re able to take someone from a position of, you know, really not being able to function at all for themselves in a productive way and bringing them back into society, the whole community feels the benefit of that and feels the inspiration of that, that a total stranger would make that gift.

Adam Force 27:29
Yes, yes. Yeah. No, it’s a beautiful thing. I love that. I do love that. So what is the I guess next 12 months for for PiWear? Is that relatively a new project for you? Or has that been…I see you have like a nice part of the eyeglasses.com website for PiWear. How long have you been active with this?

Mark Agnew 27:53
We launched it early this summer in July. And no, it’s an evolving vision. We started with really just one model of round metal eyeglasses and then I’m continually adding to it with different designs, different shapes, colors, etc., to broaden that and make it appealing to the largest possible audience.

Adam Force 28:21
Interesting. Okay. I’m curious what…and I know you probably have teams for this. But you know, as you started originally eyeglasses.com and things like that, how did you start getting things off the ground, getting out there? I mean, eyeglasses, I mean, I would consider it a saturated market, right? So what do you think contributed to you getting traction in that?

Mark Agnew 28:40
In eyeglasses.com?

Adam Force 28:42
Yeah, yeah, let’s start there.

Mark Agnew 28:44
Well, back in 2000, there was nothing; there wasn’t anybody else doing it. Maybe a couple of companies, but that wasn’t the problem. The problem was that nobody considered buying eyeglasses on the internet. It was hard enough to sell books on the internet back then. But eyeglasses was so far afield that our biggest problem was just to educate people that they could and should buy eyeglasses online. As time went by, things got better. And then with Warby spending $300 million in advertising and marketing and all the other companies selling super cheap, low quality eyeglasses, you know, you’ve now got millions of people that are aware of the benefits of buying eyeglasses online. And so we’ve actually hugely benefited from all those activities that our competitors are doing.

Adam Force 29:44
That’s interesting. So they helped educate the market for you.

Mark Agnew 29:48
Exactly. Only 3% of the eyewear industry is online now, compared to what about 15% for most apparel — [unintelligible] category? So we have a long way to go just to get, you know, get to parity that way.

Adam Force 30:16
Yeah, yeah. I mean it’s a pretty big marketplace, right, so I think there’s…sounds like there’s room for all players here.

Mark Agnew 30:23
Absolutely. Yeah, we all do something a little bit different. And you know, if you take any of the top 10 players, everyone has their own little niche they’re going after. So there’s plenty of business to go around.

Adam Force 30:40
Awesome. How important has your story and your, you know, the story including your background, like your intention, the surgeries that you’re offering, like how does that play with your audience as they learn about you?

Mark Agnew 30:56
It’s kind of a new thing because up until this year, we really didn’t do much with that story. I mean, it’s you know, the whole concept of storytelling — although it’s well known in social circles — is not something we really paid much attention to.

Adam Force 31:14
Hmm, interesting. Yeah.

Mark Agnew 31:16
But I kept getting…people kept saying, you know, you should talk about this. This is really interesting. So that’s what we’re trying to do now.

Adam Force 31:25
Awesome. Yeah, I mean, you donate to….How do you pronounce this: Sankara Eye Foundation, as well?

Mark Agnew 31:32
Yeah, well, that’s how we do the gift.

Adam Force 31:36
That’s how you do that. Oh, and they do that. I got it. I see. Okay, I got…Yeah, I got you.

Mark Agnew 31:39
They organize it. They’ve built an incredible system of 10 hospitals, two under construction, so they’re going up to 12. And they do…just in…I don’t know how many surgeries they’ve done. But you know, a couple million surgeries so far, and they’re growing every year. The model is so interesting that they’re looking at expanding it to other countries.

Adam Force 32:09
Very cool. Very cool. I love that. Amazing. Well, listen, we’re going to wrap it up here in a minute. And I’m going to ask my final question. So, you know, we talked about a lot of interesting things here regarding the business, but also just like how the business models are evolving, and how people feel about these things. And just, you know, I love the conversation about how we’re all in this together kind of thing, right? And what I’d like to understand, you know, if you could just speak from your heart and what you would want to share with the world. So if you had one…if you had the ear of the world right now, and everybody could hear you, what is the one most important message that you would take your chance to share right now?

Mark Agnew 32:47
Yeah, that’s a great question. And it’s really, what I said earlier that I truly believe that every person in the world is linked into one ecosystem. So when you help another person, whether they’re next to you or they’re across the world, it helps you, it helps them. And in the business context, it helps your company. Every successful company I can think of functions on that model. And the companies that fail, they fail when they lose sight of that Prime Directive, which is: Help others and never give up.

Adam Force 33:24
Perfect. I love it. Awesome. We’re going to close on that beautiful message to the world. And Mark, thank you for your time and sharing your story. And thanks for doing what you’re doing.

Mark Agnew 33:33
Absolutely. Thank you.

Adam Force 33:36
One last thing actually, let’s not forget to get people to give you a shout out to your website. So listen, lots of people need glasses. And guys, what a great place to get it done. So Mark, where do they find you?

Mark Agnew 33:46
Eyeglasses.com.

Adam Force 33:48
It doesn’t get any easier than that. Eyeglasses.com. You guys could check them out. They have a beautiful website. And yeah, if you’re going to get glasses, you might as well do it with some good intention. All right, Mark, thank you so much. Appreciate your time.

Mark Agnew 34:00
Alright, thanks Adam. Have a great day.

Announcer 34:01
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Transcribed by https://otter.ai

Earth-Friendly Trends to Shape the Face of the Fashion Industry

The physical appearance is one of the pillars of modern society. So many people spend their money and time to dress in attractive clothes to look different or unique. Also, the boom of social media has accelerated the trends in the fashion industry. As a result, fast fashion has become even faster in the last decade or so.

But all these trends come at a price that doesn’t always mean a certain figure on a price tag. In other words, the fashion industry has become one of the leading pollutants in the business world. The UN Conference on Trade and Development (UNCTAD) has published a report in which they analyze the adverse effects of this industry on the environment. According to this report, about 20% of all wastewater in the world is produced by fashion manufacturers. Also, it takes 2,000 gallons (7,500 liters) of water to produce only one pair of jeans.

Luckily, there are certain ways fashion businesses can make their operations greener. Here are the most important sustainability trends that can reshape the future of fashion for the better.

Insisting on quality to gain sustainability

We all know the old proverb “I’m not rich enough to buy cheap things”. It seems that this saying perfectly describes the current situation in the fashion industry. The general trend in the textile industry is producing more items of clothes at the cost of quality. The calculation is simple: making and selling ten T-shirts for $5 apiece will earn you more money than doing the same thing with one top-notch item that will cost $40.

While manufacturers stick to this formula to increase their profits, consumers should show more ecological awareness. Buying dozens of items of fast-fashion clothes every month adds to your personal carbon footprint. The Independent has recently published an analysis of the fashion habits of British consumers. In this study, they claim that 50% of Britons aren’t aware of the dangers that fast fashion can cause to the environment.

With that in mind, it’s important to raise people’s awareness regarding low-quality clothes. Instead of buying such items, we should opt for long-lasting clothes. Of course, some people might argue that these products cost more. While this is partly true, there are some workarounds, like buying on sales or ordering things online. Also, sometimes it’s possible to find high-quality, one-of-a-kind clothes in second-hand shops.

Turning to innovative materials

Cotton and wool have been with us for centuries. Polyester – their next of kin – has been used for almost a century. These three materials have played a significant role in the carbon footprint of the entire fast-fashion industry. Now it’s time to search for some alternative solutions that can reduce the harmful impact of the production process on nature. Some brands have started using recycled plastic to make clothes, to reduce the negative effects of plastic waste on the environment.

Furthermore, some fashion brands have been highlighting on their labels if their items have been made from recycled materials. What’s more, many brands have launched public campaigns in which they invite consumers to hand in their old clothes. In turn, they get vouchers or special discounts on products made by these brands. These eco-friendly initiatives and innovative approaches to design and manufacture can change the entire industry.

According to an innovative master’s program in fashion management, fashion managers need to take the plunge to develop alternative technologies and strategies for the future. In other words, the seamless education of designers, clothes producers, and buyers will contribute to establishing a new, more ecological order in the entire fashion industry. Alternative and recycled materials are only the beginning of sustainable development.

Making vintage fashionable

Buying used clothes is not an innovative approach to sustainability. Still, there are some new trends in this routine, as well. First and foremost, if you think that there are more second-hand stores than before, you’re probably right. As there are more and more clothes on the market from previous decades, the offer of such stores is on the rise. Apart from that, people can order various used clothes from different parts of the world and display them in their second-hand stores.

Speaking of the Internet, you can also buy some extraordinary pieces of used designer clothes online. The greatest advantage of this shopping channel is that you can find some unique items that no one else will have. By doing so, you’ll hit two birds with one stone. On the one hand, you’ll do your ecological duty and buy a second-hand item. On the other hand, you’ll please your fashionable self because you’ll get a one-of-a-kind item of clothes. In a nutshell, applying this buying tactic will turn vintage into fashionable.

Conclusion

We’ve come a long way from the Industrial Revolution in Manchester and Leeds that was based on the textile industry to the present time. Even though manufacturers and buyers have developed a certain level of ecological awareness, it’s still not enough. We still buy too many clothes which we throw away only to buy even more. What’s necessary is to think about clothes and fashion economically. This means that we should buy fewer clothing items and seek for some alternatives.

Together with further education of both consumers and manufacturers, we might find a way to reduce the impact of this industry on the environment. This is something our children will be grateful for.

23 Self Improvement Tips for Social Entrepreneurs

We all feel lost from time to time and we’reb overwhelmed by fears, challenges, and changes. That’s why we must create our life’s mission to do whatever it’s necessary in order to improve ourselves and boost our well-being. This is the only way in which you can become the person you’ve always desired to be. 

All the self-improvement tips presented below cover all main areas of one’s life, from career to health and personal development. Self-improvement is a lifelong journey so buckle up for the ride! 

1. Develop a Reading Habit

Through reading, you will boost your knowledge base. Moreover, books will develop your vocabulary by exposing you to new words and expressions. Keeping a reading habit will maintain your brain healthy and it will help it grow. You should look at reading as you would to regular exercise, only that, in this case, there are other kinds of “muscles” involved. Even your memory is improved through this particular habit.

According to research, brain function and memory might decline with age. Due to regular reading, we could prevent these problems, or, at least, we could slow them from progressing. Keep your mind sharp with all sorts of books, from self-development ones to fiction and business readings. Make time in your busy schedule to read at least 20 minutes per day. 

2. Meditate on a Regular Basis

Meditation has been practiced for thousands of years. It is believed to combat the effects of stress as well as anxiety. One of the most popular and effective types of meditation is practicing mindfulness which enables you to achieve clarity and peace. You can do that by becoming aware of each moment and being present. 

Feel free to experiment with different kinds of meditation techniques. All of them focus on pretty much the same idea: expanding your consciousness. As long as you meditate on a daily or regular basis, you will soon benefit from this practice in all the ways you can think of: mentally, physically, spiritually, and emotionally. It is known to alleviate feelings of anxiety and stress. Moreover, it lowers bad cholesterol, regulates blood pressure, and improves sleep. 

3. Establish SMART Goals

Another way in which you can improve yourself is by setting realistic, achievable, time-manageable, measurable, and specific objectives. Keep in mind different time frames. In other words, you should consider daily, monthly, weekly, and yearly goals. Write all of them down and keep track of your progress. 

Also, don’t forget that success isn’t measured by how many goals you manage to obtain but by the journey you embark on in order to make those goals happen. This journey is truly enlightening and it will make you stronger and wiser. Once you’ve established your objectives, they will become your purpose on which you will focus all year round. They help you remain on the right track. 

4. Visualize Your Success

Unfortunately, many people are demotivated by the obstacles they’re facing in their way of achieving their goals. If you’re in pursuit of a big accomplishment, you shouldn’t ignore potential impediments but instead, you should focus more on visualizing your victory. The real issue here is that most people tend to let their fear of failure as well as the forthcoming challenges cloud their judgment and overtake their dreams.  

Don’t create any more barriers in the way of your success. Envision it as detailed as you possibly can and try to feel as you would feel once you’ve accomplished your goals. Imagine those close to you standing nearby and supporting you with all their hearts. How does it feel and how does it look to have achieved your dreams? 

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5. Measure Your Progress and Celebrate Each Small Victory

An essential part of the process of reaching a goal is keeping track of your progress. Measure your improvement and celebrate each accomplished milestone. This will keep you motivated and prepared to face any issue that might appear along the way. According to experts, we tend to have a boosted drive to reach what we desire when the motivation comes from within rather than from another person or from an external factor. 

By doing so, you can significantly improve your overall performance in so many meaningful ways. Makes sure that, through your actions, you’re offering value to others, in both their personal and professional lives. For all these reasons, doing process analysis is of crucial importance. 

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6. Use Your Time Effectively 

Stop wasting your time, which is the most precious resource you have. Invest your time in meaningful things and activities that bring you close to your desired goals. Use it wisely and by that I mean you shouldn’t waste all your free time watching TV or binge-watching movies. It is essential to create effective time-management strategies and find a balance between working hours and spare time. 

One action that seems to work for most people is to spend a few minutes in the morning to establish your daily tasks, those things you want to accomplish each day. Then, come up with a clear and well-structured plan to make sure those milestones are reached. Schedule your time properly and follow your priorities. 

7. Learn New Skills and Abilities

We all have hectic schedules that don’t allow us to dedicate time to all the things we would like to do. For instance, one great self-improvement method is learning something new, developing a new skill but not many of us have the time or energy to do that. Although work takes a lot of our time, dedicating minutes or hours to develop new abilities provide us with so many benefits. 

In today’s ever-changing world, we must keep ourselves updated with all the technology and innovations that surround us. The entire world is moving forward so why shouldn’t you do the same? There are plenty of skills that can improve your life immensely: new languages, drawing, horseback riding, photography, writing, playing a musical instrument, etc. 

8. Engage in Daily/Regular Workouts 

Respect your body because a healthy body hosts a healthy mind. Besides eating whole foods and avoiding junk food, you should also engage in daily workout sessions. Nowadays, people spend a lot of time sitting down because of their office jobs. The human body wasn’t created for a sedentary lifestyle. Therefore, it is important to move as much as you can. 

Outdoor exercises are essential for a healthy and well-balanced life. On the other hand, most people think that going to the gym for one hour a day compensates all those long hours spent on a chair, in front of a computer. Well, they are wrong. For that reason, you should set an hourly reminder that motivates you to take a short break from work and stand up or do some easy stretching exercises. Walking is also useful. 

9. Develop Healthy Eating Habits

Daily workouts go hand in hand with a healthy eating habit. You should focus on consuming foods that are safe for your health. Avoid eating processed foods or harmful substances. Try not to develop any vices such as smoking or heavy drinking. 

Listen to your body because that’s the way to discover what suits it best in terms of exercises, needs, and nourishment. Consuming plenty of veggies and fruits is a good way to start. Besides whole foods, some people also need supplements like minerals and vitamins but you should take these only after receiving your doctor’s approval.

10. Practice Self-Care

For some of you, the concept of taking care of yourself might sound a bit indulgent. Believe it, it is not! In fact, it is of crucial importance for your overall well-being. If you work too much, you will become exhausted and stressed out, both of which can be toxic and harmful for your body. 

I understand that sometimes, you need to work hard and boost your productivity. However, it’s also essential to rest while taking care or even pampering yourself. Here are some of the best things you can do in this regard:

  • Avoid toxic people;
  • Challenge your brain;
  • Take an occasional nap;
  • Find a new hobby and work with your hands;
  • Buy new books; etc. 

11. Practice Gratitude and Mindfulness 

I’ve talked a bit about mindfulness when I mentioned meditation as a successful technique to quiet your mind. Through mindfulness, you can bring your entire attention to here and now. Accept the present moment without judging it. Let your mind wander without trying to stop it. For now, don’t try to adjust your thoughts. It is well-known that mindfulness lowers stress and might increase happiness. 

Besides mindfulness meditation, you should also practice mindful listening. This can truly help you bond with people at a whole new and more profound level. It also increases empathy and you retain information a lot easier and quicker. 

Gratitude is also something everyone should practice on a regular basis. Spend some moments at the end of each day thinking about the things that went well and the facts that you’re appreciative of. You may also start a gratitude journal where you write down at least 3 things that you’re grateful for, every day. 

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12. Befriend with Positive People 

Surrounding yourself with positive people has a great effect on your well-being. Keep your distance from toxic people, from those that don’t support your ideals or those who tend to bring you down. As a matter of fact, you should apply this rule in your digital presence as well as your real life. 

Positive people will encourage you to continue your journey towards achieving your dreams. Their energy will vibrate so strong that it can even change your view of the world. Negative thoughts have a way to slip into your mind and make you see things in an unclear way. 

13. Be Kind and Giving 

For a meaningful life, you should definitely be kind to everyone around you. Also, you should be kind to yourself. Treat yourself with patience and empathy and behave well with others, just the way you want them to treat you. Working on one’s self-improvement is something an individual must do on a daily basis. This isn’t an objective you can abandon and then revisit only from time to time. 

Become aware of both your strengths and weaknesses and focus more on those areas that need improvement. Develop some small practices and make them a habit by doing them every day. Once these activities turn into habits, try to create new ones. 

14. Think Outside the Box

If you want extraordinary things to happen, you must break free of your comfort zone. Do something every day that challenges you. Only by doing things that might make you a tad uncomfortable, you will become a better version of yourself. Embrace change and don’t be afraid of unpredictable things. Look at the wider perspective, question almost everything, and set your creativity free. 

Another way to think outside the box is by constantly changing your working space, engaging in regular brainstorming sessions, and changing your routine. Be spontaneous and accept any problem that arises by looking at it from a different angle. After all, problems are nothing else than opportunities in disguise. 

15. Try New Hobbies

Start a new hobby. I, for one, love to play the piano and learn new languages such as German, Spanish, Italian, and French. Another thing that I discovered recently is working with flowers and creating beautiful floral arrangements. So, as you can see, there are plenty of potential hobbies out there that you can choose from. 

Think about the things you’ve always wanted to do but never found the time for them. Discover your true passion and do anything you can to get better at it. Maybe it’s drawing, painting, hiking, or even fitness. Hobbies complete us and make us well-rounded people. 

16. Don’t Compare Yourself with Others 

The only person you should compare yourself with is you. Stay focused on your goals and on your path without minding too much what others do. To become better at what you do you should always compare your present self to the way you were one month or one year ago. 

Don’t worry that much about what others think or say about you. You’d be surprised to know that most people worry about others or their own problems so that they don’t find any spare time to judge you. Focusing on others’ opinions might stop you from becoming better at what you do. 

17. Find a Mentor 

You will face many challenges in both your career and your personal life. Therefore, you will need someone you can trust who’s more experienced than you to guide you and what better person could do that than a mentor?! Good mentors will inspire and support you but they will also have the courage to criticize you. 

Here’s what you have to do to find the right mentor for you:

  • Find a person with great achievements whom you truly appreciate and admire;
  • Study that person – see what he does and how he or she manages all sorts of situations;
  • Ask the question but not from the very start – don’t ask someone to mentor you right from the very first meeting because it can be overwhelming and there’s an increased chance you may receive a negative answer;
  • Allow your relationship with your mentor evolve organically, naturally;
  • Ask your mentor all you need to know without being demanding;
  • Ask him or her for honest feedback and learn from it. 

18. Create Milestones 

Achieving a big goal might be tricky. Therefore, you should split your objectives into smaller milestones because it is easier to accomplish them, one step at a time. Milestones will help you become disciplined, more organized, and better focused. So, dividing big goals into smaller individual tasks will help you achieve your purposes easily and quickly. 

This method works also as a motivational factor because, after each accomplished milestone, you will receive a new boost of confidence and self-improvement. 

19. Accept Failure 

You shouldn’t just accept failure. In fact, you should see it as a new opportunity to grow and learn. See it as a valuable lesson. Looking at the things you couldn’t reach as failures will only make you perceive yourself as a hopeless victim. Therefore, instead of helping yourself, you will always wait for somebody else to save you which is a counterproductive approach. 

Instead, you should always stand on your own, embrace every life situation with acceptance and courage while also face your failures and learn from them. Don’t let your unsuccessful endeavors darken all your other accomplishments. See what your mistakes were and try to fix them because failure is nothing else than the realistic path towards success.   

20. Be Open to Change and Embrace Challenge 

Change is inevitable. During your lifetime, expect to go through all sorts of situations because life doesn’t stay still. There’s a constant evolution and all of us must experience these transformations. Although most of us like familiar things while being reluctant to change, we must surpass this uncomfortable feeling and face all the ups and downs we’ll encounter. 

Embracing challenges brings plenty of opportunities. People who’re willing to do this have higher chances of being successful because they see opportunities in places and situations in which other individuals only see impenetrable obstacles. Challenge yourself but don’t forget to rely on practical and realistic goals. 

21. Prioritize and Delegate 

Not all tasks need to be performed right away. Establish your priorities first. Begin with the most important or urgent projects and then continue until you reach to less important work. Also, you shouldn’t do everything on your own. Even the most responsible and committed managers and entrepreneurs should know how to delegate. 

Delegating tasks comes in handy when you don’t have the necessary skills for those projects or when you have your hands full with too many tasks. This is also a way to show your employees that you appreciate and trust them. 

22. Give up Control 

Stop being a control freak if you want to be happy. In order to be successful and happy, you need to let go of control. This is an issue that stops many people from living their life stress-free while creating new great memories with their loved ones. Living freely and learning to adapt to ever-changing plans will set you free and make you happier. So, you should do the things that make you happy but without stressing so much, every step of the way. 

23. Overcome Your Fears

All humans have fears. That’s completely natural. The most common ones are fear of taking risks, talking in public, and life uncertainties. All these anxieties keep you from growing and make you remain in the same life position over and over again. Those fears of yours are nothing else than reflections of certain areas you need to improve. So, don’t be afraid to address your fears

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 23 Self Improvement Tips for Social Entrepreneurs – Wrapping It Up 

As a final conclusion, I must say that you, as a social entrepreneur and as a human being, should turn all your fears and limitations into growth opportunities. I cannot guarantee that all of the above tips will help you improve yourself but most of them work for all people. I know for certain they worked like a charm for me. As a matter of fact, you shouldn’t expect them to work unless you get up and get started. Without applying them in your daily lifestyle, you won’t see any results. 

Don’t postpone them anymore. Take action as soon as possible to create the best version of yourself and live a happier and more accomplished life

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