About the March 7th Hangout
This conversation looked at the tools already in place for entrepreneurs to focus on delivering value to customers without comprising profitability. By tapping into a broad array of experiences, successes, failures and valuable questions, we expect to shed light on some of the challenges emerging social entrepreneurs face while exploring real life stories of how these challenges have been overcome .
Some of the questions explored…
- What are the different ways to generate startup capital for social entrepreneurs?
- How do we maximize value distribution in a way that’s profitable?
- How do we use price as a weapon to change the competitive landscape?
- How can David compete within a field of Goliaths?
- What is Empathic Capitalism?
MARCH 7th CONVERSATION GUESTS
David Green has worked with many organizations to make medical technology and health care services sustainable, affordable and accessible to all. David directed the establishment of Aurolab (India), to produce affordable intraocular lenses (now has 10% of the global market share) suture and pharmaceuticals. He has developed high-volume, quality eye care programs that are affordable to the poor and self-sustaining from user fees, including Aravind Eye Hospital in India – which performs over 360,000 surgeries per year – 60 percent of the care is provided free of charge or below – cost, yet the hospital is able to generate substantial surplus revenue. He has played a role in developing major eye care programs in China, India, Nepal, Egypt, Tanzania, Bangladesh and Guatemala. Within this paradigm of ‘humanizing capitalism’, he now works to create social investing funds to support sustainable social enterprises (The Eye Fund with Deutsche Bank for $15M and now the Solar Fund with Bamboo Finance). He co-founded Sound World Solutions, a social enterprise to make affordable hearing devices with a novel fitting; and Quantum Catch, to design unique and affordable ways to detect eye disease, diabetes and neurological disorders. He works with Pacific Vision Foundation to establish an eye institute serving all in N. California. David is also Vice President at Ashoka, where he leads an effort to reduce health care costs in the US. He graduated from the University of Michigan with a Bachelor in General Studies (1978) and a Masters degree in Public Health (1982). He is on the faculty of Johns Hopkins Wilmer Eye Institute. He is the recipient of the 2009 “Spirit of Helen Keller” award for humanitarian efforts in blindness prevention; is the recipient of the 2009 University of Michigan Humanitarian Service Award; and was selected by University of Michigan Engineering students as a leading social entrepreneur alumnus. David is a MacArthur Fellow, Ashoka Fellow and is recognized by Schwab Foundation as a leading social entrepreneur.
Pablo is a Partner and the Director of Strategic Partnerships and Branding of Emzingo Group. He has been involved in entrepreneurial endeavors for over 10 years, ranging from working in a media startup in Mexico City to opening and running a coffee shop, and a career as a professional golf player. He has lived, worked and studied in five cities across four different countries including Mexico, United States, Spain and South Africa. Pablo holds a BA in Business Administration from Universidad Iberoamericana in Mexico City and an MBA from IE Business School in Madrid. He is a 2011 Emzingo Fellow.
Ramon Marmolejos is the Executive Director and co-founder of Emzingo Group. Ramon has worked in consulting for 8 years, with a focus on human capital strategy and leadership development. He has designed curriculum and facilitated sessions on topics ranging from emotional intelligence, cross-cultural competency, innovation, and social entrepreneurship. Most recently as a consultant for Monitor Group, he also worked in economic development projects in Africa for the Bill and Melinda Gates Foundation and Rockefeller Foundation. Ramon graduated from the Wharton School at the University of Pennsylvania and completed an International MBA from IE Business School in Madrid, Spain. He is fluent in Spanish and has spent time living and working in a variety of different geographies, including the US, Europe and Africa.
As a founding principal of Good Capital, Kevin leads market formation activities and advisor and portfolio company engagement. Kevin’s former positions include CEO of Net Market Makers, an $18 million revenue online community and research and events company. Kevin built Net Market Makers into the largest brand in business-to-business internet commerce before it was sold to Jupiter Media Metrix in 2000. Five of his previous six businesses all achieved market dominance before he left or sold them. Kevin is the Co-Founder of SoCap, The HUB Bay Area and has been a columnist for Forbes and Business 2.0
Matthew traveled for 7 years on and off as a freelance travel writer and journalist. Throughout these travels, he developed a deep understanding of the need for young adults to engage the world through hands on experience in order to learn about themselves, the world and develop a meaningful way to connect the two. Largely inspired by this realization, Matthew founded The Mycelium School; a 9-month learning program for 18-35 year old emerging leaders. The Mycelium School was designed for emerging social entrepreneurs to deepen their purpose, connections and hands-on entrepreneurial experience they need to hit the ground and bring their ventures to life.
Mycelium is launching in September and is currently seeking startup funding.
ASHLEY COOPER: Lead facilitator
Ashley has produced and facilitated intimate community events and collaborated on large initiatives like Seeds of Compassion, a five-day event with the Dalai Lama, Desmond Tutu and other leading scientists. Her experience has demonstrated that meaningful change comes from diverse groups collaborating for a shared purpose.
Guided by her insatiable curiosity and a deep reverence for life, Ashley creates experiences where learning ignites and meaningful action takes root. She has a gift for facilitating groups and cultivating environments where people feel inspired to be genuine and actively participate. In communities and organizations, Ashley builds bridges and connects ideas, resources and people. Over the last 14 years, she has worked in a variety of settings from organizational strategy with foundations and non-profits to curriculum development and programmatic implementation in schools.