Impact Hustlers features entrepreneurs and changemakers solving the world's biggest problems and creating massive social impact. Hosted by Maiko Schaffrath this podcast shares the stories of those who connect impact with profit and build businesses and...
Sançar's Sahin, Co-founder at Oliva, a B2B2C startup that provides on-demand therapy, coaching, and classes. It has previously worked with employees of companies like HubSpot and Sifted. Oliva focuses on effective process matching to build a value-based platform.
In today’s episode, Sançar shares his personal story of experiencing burnout while working in a fast-growing startup and the importance of addressing mental health in the workplace.
EPISODE HIGHLIGHTS
KEY LESSONS & QUOTES
In today's episode, I speak to Rodney Williams, who's the co-founder, chairman, and president of SoLo Funds, which is a B-Corp-certified community finance platform that's now used by more than 1 million users. Members can borrow and lend money between themselves rather than go to traditional lenders, loan sharks, or banks.
EPISODE HIGHLIGHTS
[01:16] Rodney's personal background
[03:18] What other alternatives exist
[04:50] How does SoLo work?
[07:25] When and how do your customers use SoLo
[08:56] Difference between Credit score vs SoLo score
[11:50] Fighting the step crisis
[14:27] SoLo's plan for the future
[16:15] SoLo’s expansion to Nigeria
[18:22] SoLo's approach to fundraising & growing revenue
[19:53] Investors' feedback on the business
[24:36] How did SoLo approach investors
[27:53] How did Solo get to become
[33:04] Undeniable product market fit
[37:32] 10-year vision
KEY LESSONS & QUOTES
" You can't build wealth without growing it. " [12:12]
"Subprime product, underserved communities, helping people that usually doesn't sound like a big business you’d want to invest in." [19:44]
"Our goal to market strategy is done right and do good because if you can't buy users, you need users to really like what you do.” [21:46]
“A challenge that has made this extremely difficult is that the same financial system
that has created the market that we live in today has created so much discrimination.” [20:30]
“The majority of the group who use this predatory product, tend to be women. Women are taking advantage of these products significantly more.” [26:30]
“All of the impact investors who have turned down Solo, I think they're a joke.” [24:57]
“As we made the consumer experience better, our growth rate accelerated and that's when I knew it was an undeniable product market fit.” (35:01)
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Mark Horoszowski, the CEO and co-founder of Moving Worlds, a platform that's supporting social enterprises by connecting them to corporate content and pro-bono professionals that can really help them get ahead.
In today’s episode, we discuss how their platform can help social entrepreneurs or if you're in a corporation, how you can actually work with social entrepreneurs all over the world.
EPISODE HIGHLIGHTS
KEY LESSONS & QUOTES
Moving World’s Program- Website
In today's episode, I speak to Krish Himmatramka, the founder of Do Amore, a direct-to-consumer startup that sells engagement rings with conflict-free diamonds. Each ring also funds water projects, which can be traced using GPS coordinates and photos that prove there's an actual impact.
EPISODE HIGHLIGHTS
[01:05] Krish's Journey
[03:47] How the Water Project Happened
[07:50] Approaching Do Amore with Traceability
[11:56] Verifying source and responsibility of Diamonds/Gold
[15:01] Outsourcing Lab Created Diamonds
[16:14] Future for mined Diamonds
[17:26] The Journey of a Diamond
[22:07] Blockchain Tracking
[25:17] Hardest lesson building the company
[29:49] Acquiring first customers
[32:15] Current playbook
[34:52] Marketing and growth channels on Organic SEO
[36:16] The Future of Do Amore
[38:20] Way to change big companies
[29:49] Acquiring first customers
[32:15] Current playbook
[34:52] Marketing and growth channels on Organic SEO
KEY LESSONS & QUOTES
"The hardest thing I learned is that social impact can only take you so far. To really succeed, you have to go beyond it." [25:23]
"When you have so much passion for something, It's very easy to only care about that. But the thing is most of your consumers might not." [26:41]
“We got our very first customers by doing things that we didn’t expect to scale” [30:49]
“My biggest lesson from starting as a company that had to be profitable was knowing that to really make the mission work, the economics of scale had to work.” [34:09]
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Eleanor Kaye, Executive Director of the Newton Venture Program. Program helping people from underestimated and overlooked backgrounds break into the venture capital industry and also advance their careers once they are in the venture capital industry.
In today’s episode, we discuss her journey in the venture capital industry and talk about some of the challenges in the industry and how the Newton Venture Program is curbing them.
EPISODE HIGHLIGHTS
KEY LESSONS & QUOTES
Newton Venture Program - Website
Rene Haas, the co-founder, and CEO of NeoCarbon. A company that has created a product that removes CO2 from the atmosphere by retrofitting industrial cooling towers with direct air capture devices. Direct air capture has been promoted as one of the most promising solutions to climate change.
EPISODE HIGHLIGHTS
KEY LESSONS & QUOTES
“Hardware is different to scale than software for manufacturing companies” [16:05]
“Big companies and manufacturers have crazy high margins on their products hence easier for them to do service maintenance on their equipment” [18:29]
”Our next step, is going from lab to the real environment as fast as possible, because we started, prototyping super early, before we had proper models” [20:44]
In today's episode, I speak to Max Stossel—an award-winning poet and filmmaker, as well as the founder and CEO of Social Awakening. Max has spent the last year speaking in front of more than a hundred thousand students, parents, and educators, talking about how social media and social media addiction affects our lives. With Social Awakening, he has made it his mission to help teenagers thrive in a digital world where apps are radically optimized for engagement by leveraging addictive behavior.
EPISODE HIGHLIGHTS
KEY LESSONS & QUOTES
Tess Cosad, the co-founder and CEO of Bea Fertility. A company making fertility care more convenient and affordable. The company is leveraging a method called IntraCervical Insemination or ICI, which has proven to actually have a 50% success rate at only a 10th of the cost of IVF.
EPISODE HIGHLIGHTS
KEY LESSONS & QUOTES
Chieu Cao is the co-founder of Mintago, a financial wellbeing platform for employees offering financial education, financial planning tools and pensions through salary sacrifice. He’s worked for many years at some of the world’s most renowned brands like Amazon, Microsoft and Yahoo. Before Mintago, he co-founded PerkBox which became one the fastest growing employee service platforms.
EPISODE HIGHLIGHTS
KEY LESSONS & QUOTES
In today's episode, I speak to Matt Semmelhack, the co-founder and CEO of Boox, reusable boxes, and shipping bags, eliminating single-use plastic and cardboard from eCommerce shipments.
The rise of eCommerce has been massive in the last few years and further accelerated by the pandemic. We'll dive into some of the most sustainable options to reduce the negative environmental impact of shipment.
KEY LESSONS & QUOTES
In today's episode, I speak to Khyati Sundaram the CEO of Applied, a platform helping businesses to take bias out of their recruitment processes through anonymized recruiting, and algorithms that help them predict which candidates will be performing best in their roles, based on objective criteria rather than anything subjective and any biases.
The company also offers AI-based tools to help write job descriptions that are likely to attract a diverse set of candidates rather than biasing towards a certain set of candidates.
EPISODE HIGHLIGHTS
KEY LESSONS & QUOTES
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