The Entrepreneurial Mind : Paula Lovell, founder of Lovell Communications, talks the growth of her company and her exit strategy.
The Entrepreneurial Mind : Founder of Dan’s Gourmet Mac and Cheese, Dan Stephenson, talks about completely changing pace from corporate world to a bootstrapped food startup.
The Entrepreneurial Mind : CEO and Co-Founder of Evermind, Dave Gilbert, talks about his transition into entrepreneurship, specifically medical technology, and the lessons he learned in the past that he’s applied to Evermind.
The Entrepreneurial Mind: Founder of NextGxDx, Mark Harris, talks about building up his business after noticing and underserved market in the genetics industry.
The Entrepreneurial Mind : Alex Bertelli of Havenlock
The Entrepreneurial Mind : Luci Armitstead leads a startup within a family business
The Entrepreneurial Mind : Millie Stubblefield talks about success with a print newspaper
The Entrepreneurial Mind : Belmont alum Brock Fuller talks about his new business. A simple message brings success.
Entrepreneurial Profile: Jessica Alba: The Honest Company
Jessica Alba, a successful actress, founded The Honest Company with the vision of pursuing the three “P’s” of a triple bottom line business: profit, people, and planet. The Honest Company initially sold diapers online, but quickly expanded its product line and began selling through retail stores, such as Target and Costco. Through its commercial success, the Honest Company has realized economic growth, which is the first “P” of a triple bottom line business. In 2012, its first year in business, the company had revenues of $12 million. Over the next two years, its revenues grew to $60 million and then $100 million. The Honest Company focused on people, or social progress, by allowing its employees to volunteer more than 1000 hours to charities that support families, by donating more than 540,000 products to charities, and by establishing a program that donates a crib for every crib that it sells. Finally, The Honest Company addresses the third part of the triple bottom line, the planet, by using sustainable, non-toxic materials for its products.[i]
[i] Diane Clehane, “Why Jessica Alba Just Might Be Hollywood’s Smartest Mommy Mogul,” Forbes, August 3, 2014, www.forbes.com/sites/dianeclehane/2014/08/03/why-jessica-alba-just-might-be-hollywoods-smartest-mommy-mogul/.
Entrepreneurial Profile: Kathy Ku: SPROUTS of Water
Kathy Ku, a graduate from Harvard University, applied the knowledge she gained during her college education to solve a pressing social problem. Uganda has more than 10 million people without safe water to drink. Ku launched SPROUTS of Water to provide affordable clay water filters to improve water quality and thereby help reduce waterborne illness, which is the leading cause of death among Ugandan children. The idea for the business came to Ku when she was a nineteen-year-old volunteer at a clinic in Uganda. Ku started her non-profit with $15,000 grant from Harvard and a donated piece of land in Kumi, Uganda where she built a ceramic factory to make water filters. SPROUTS of Water sells its filters though local grocery stores, which agree to set up financing plans to help customers purchase the filters. Ku is considering expansion of distribution of her non-profit’s water filters to other countries with severe water quality problems.[i]
[i] Lane Anderson, “Social Entrepreneurs: Startups Set to Change the World,” Deseret News, July 31, 2014, http://national.deseretnews.com/article/2015/social-entrepreneurs-startups-set-to-change-the-world.html; Sara Castellanos, “Harvard Student Aims to Improve Health in Uganda with Water Filters,” Boston Business Journal, November 14, 2013, www.bizjournals.com/boston/blog/startups/2013/11/harvard-student-aims-to-improve-health.html.