• Purpose and Profit with Kathy Varol

  • 著者： Kathy Varol
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Purpose and Profit with Kathy Varol

著者： Kathy Varol
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  • Dedicated to sharing the stories of business visionaries who are intentionally establishing a purpose beyond profit. From economy building to the refugee crisis. From climate change to equity. Listen in to hear how business visionaries are having a positive impact on the world by using their brand.
    Kathy Varol
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Dedicated to sharing the stories of business visionaries who are intentionally establishing a purpose beyond profit. From economy building to the refugee crisis. From climate change to equity. Listen in to hear how business visionaries are having a positive impact on the world by using their brand.
Kathy Varol
マネジメント 経済学
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エピソード
  • 94. Zimri T. Hinshaw on Creating and Scaling Bio-Based Materials

    94. Zimri T. Hinshaw on Creating and Scaling Bio-Based Materials
    2024/11/06
    Zimri T. Hinshaw, Founder and CEO of Rheom Materials, Inc., is a graduate of Temple University's Economics program and SOSV's IndieBio Program. Zimri started the company from his Temple University dorm room with initial ambitions to design leather jackets and pivoted to creating the materials themselves after realizing a gap in the market. Rheom Materials is pioneering the use of biopolymers derived from plant-based matter for new applications across the fashion, home goods, electronic, and automotive sectors. Their collaborative approach and advanced melt extrusion techniques allow them to develop new materials effectively and sustainably while transforming the plastics industry to create a cleaner, greener, future. They currently have a bio-based resin designed to replace petrochemical plastics and an eco-friendly plant leather. In this episode, we discuss: ● Lessons in creating a start-up ● What makes Rheom Materials suited for explosive growth ● The librarian as a secret ally Key Takeaways: ● University as a Prime Launchpad for Entrepreneurship: Universities can be the perfect testing ground for entrepreneurial ideas. When Zimri founded Rheom Materials, Inc. at Temple University, he leveraged the rich ecosystem a university provides—tapping into students across various disciplines for collaboration, leaning on the university Librarian for market research support, and taking advantage of programs like the Blackstone LaunchPad. Universities, you might say, are the original incubators, offering access to resources, mentorship, and a network of motivated peers. It’s a unique environment where big ideas can be nurtured and refined if you have the vision and drive to create something new. ● Building a Sustainable Future with Alternative Materials: We’re witnessing a boom in the development of alternative materials, and it’s paving the way for a more sustainable future. Companies like Rheom Materials are creating innovative solutions that could replace plastics, leather, and other harmful or environmentally costly materials. Continued innovations in materials science will be key to transforming industries and shifting toward a future where sustainability is the norm. ● The Power of Self-Awareness in Business: When Zimri started Rheom Materials, he had a clear understanding of his strengths and weaknesses. As a young entrepreneur, his strengths were boundless energy, optimism, and a huge vision for what’s possible. But he also recognized there was a lot he didn’t know—like what could potentially sink his company. Instead of pretending to know it all, he hired experienced professionals with decades of industry expertise to complement his vision. This level of self-awareness is crucial in business. It’s not about trying to be good at everything; it’s about leaning into your strengths and surrounding yourself with people who fill in the gaps. The mix of complementary strengths around the table is what paves the best path forward for long-term success. References: Connect with Zimri on LinkedIn Rheom Materials Blackstone LaunchPad Temple University|Fox School of Business Innovative Idea Competition SOSV IndieBio Biofabricate Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com.
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    47 分
  • 93. Eric Rubenstein on Growing the Future of the Climate Tech Industry

    93. Eric Rubenstein on Growing the Future of the Climate Tech Industry
    2024/10/23
    Eric Rubenstein is the Managing Partner at New Climate Ventures (NCV). NCV launched in October 2021, holistically tackling climate change by investing in innovative early-stage startups that target carbon removal, reduction, and avoidance ecosystems. NCV has invested in companies across climate tech, recycling, alternative materials, food tech, and energy transition, among other emissions-avoiding technologies Before founding NCV, Eric held roles at Citigroup and Louis Dreyfus in their respective commodities and energy trading divisions. In this episode, we discuss: ● Why New Climate Ventures decided to invest in early-stage start-ups ● The different areas they look at when deciding what companies to invest in ● The importance of the founder and leadership of a start-up Key Takeaways: ● What's Your Life Thesis? Most Venture Capital (VC) firms have a thesis, which means a guiding framework or set of principles that defines the types of investments the firm will make, and outlines the firm's core beliefs. If you were to create a thesis to identify and evaluate where you spend your time and energy, what would it be? Take a moment to write it out, and then check where you are against your thesis. Are there any shifts you want to make with how you spend your time and energy? ● Taking a Page Out of the VC Playbook: Three of the filters that New Climate Ventures uses when evaluating potential start-ups to invest in are, 1) alignment with their purpose of carbon reduction, 2) potential for strong financial returns, and 3) New Climate Venture’s ability to add value to the start-up beyond just money. These same filters work wonders when evaluating your next career move. First, does the work align with your purpose? Second, does it offer significant growth and return for you, both financially and personally? Finally, are there ways you are excited to contribute and show up beyond the job description? Remember, where you spend your career energy is a huge investment in the future you're helping to create. ● What Stories Are You Amplifying? The stories we focus our attention on grow. They take up time and space as they’re passed from one person to another—entering rooms, heads, and hearts. The next time you share a story, consider if it’s a story you want to take up more space. Consider shedding light on the things you want more of. Consider making “good-finding” a habit, where you go out of your way to applaud what someone is doing and tell them to keep up the good work. It’s amazing the impact positive reinforcement has, not just to the person we’re patting on the back, but in our own brains when we use our attention to amplify the things we love. References: Connect with Eric on LinkedIn New Climate Ventures Listen to the Purpose and Profit episode with AIR COMPANY here CarbiCrete Rheom Materials Dimensional Energy Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com.
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    57 分
  • 92. Chad Park on Creating Financial Security for Individuals and Communities

    92. Chad Park on Creating Financial Security for Individuals and Communities
    2024/10/09
    Chad Park is the Vice President, Sustainability & Citizenship for Co-operators, a leading Canadian insurance and financial services co-operative with more than $62 billion in assets under administration. Co-operators is a holding company for a number of entities with one common goal: creating financial security for Canadians and their communities. Because they are a co-operative, their business decisions are guided by their values of inclusion, and responsible and sustainable development. Chad leads the co-operative’s efforts to embed and integrate sustainability principles throughout the organization, including in its investment strategy and underwriting practices. He also oversees Co-operators nation-wide community investment and partnership programs, including the Co-operators Community Funds. In this episode, we discuss: ● What a co-operative business structure means ● The impacts of climate change on the insurance industry ● Canada’s Reconciliation Journey Key Takeaways: Reconciliation - Facing the Past to Create a New Future: It’s easy to brush off past generations’ actions as their responsibility alone—and yes, they were responsible. But here's the thing: we’re responsible for what we do now with that legacy. We can’t keep building on a rotten foundation and expect a solid future. The real challenge—and opportunity—is to take accountability, even retroactively, for the wrongs that were done. We have the power to dive headfirst into the messy work of deconstruction and build something better together. While daunting work, there is true liberation in taking radical accountability to break free from the past and create a new path forward that we’re proud to hand down to the next generation.Reimagining How We Protect Our Communities: It seems that for as long as governments have existed, they've handled public goods—our roads, parks, and water systems (to name a few). But just because it’s been done a certain way forever doesn’t mean it’s the best way to keep doing it. I’m excited about how Co-operators is challenging the old way of doing things by developing new models to build climate-resilient communities. They’re taking what’s traditionally been the government’s job and updating it for today’s challenges. It’s great to see organizations innovating new ways to protect our future.Balancing Risk and Resilience: Co-operators has an interesting dual focus: investments and insurance. On the insurance side, climate change is driving up risks and premiums, but there’s only so much people can pay before insurance becomes unsustainable. That’s where the investment side comes in. They’re investing in making communities more resilient to climate change, which in turn helps keep insurance premiums in check. How cool is that? It’s a holistic approach that puts the financial security of individuals and communities at the heart of their strategy, prioritizing their organization's purpose. References: ● Connect with Chad on LinkedIn ● Co-operators ● ICLEI Canada ● Green Economy Canada ● Official page for the Truth and Reconciliation Commission of Canada Connect & Share: If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading them! If this episode resonated with you, I ask you to send it to a friend. Help bring even more visibility to these leaders that are using business as a force for good! Subscribe to the Purpose and Profit newsletter to make sure you don’t miss future episodes. This podcast is for you, the listener. I’d love to hear what resonated with you, or if you have a suggestion on who would be a great guest for this show. Please send me a note at info@KathyVarol.com.
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    52 分

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