This ad from the Scottish Government has nailed what most purpose-driven start-ups forget... 👉 It focusses on the CUSTOMER benefit over the mission. It breaks down... ☀ Walking to work reduces emissions, BUT the customer saves money on petrol and gets some exercise at the same time. ❄ Insulating your house properly reduces emissions, BUT it keeps your house cosy and enjoyable to be in. They know that if they want the average person to care about Net Zero, they have to give them a reason that benefits them. AND they have the resources that most start-ups don't to get the data to test this theory. Purpose-driven brands often forget that a very small sector of the market want to or can afford to choose the purpose-driven option just because it's more eco-friendly or is more ethically sourced. Nor will they sacrifice their user experience to do so... ❌ It can't taste worse than the established option just because it has functional benefits. ❌ It can't be difficult to access and make them go out of their way. ❌ It can't be 5x the price without delivering a noticeable increase in quality. If you want to reach the masses, you NEED to tell them what's in it for them – and deliver on it. What do you think? Am I too cynical?
Lauren Bissett’s Post
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How we score start-ups at Oyster Bay, Part Three: Impact is more than just a bonus - it's a must. Personally, for me the impact of a company is a key criterion of whether I am excited to invest in a company - or not. The world does not need just another food product - if it does not change anything about the Status Quo besides great marketing - we probably will not invest. It's a key reason I am at Oyster Bay - it allows me to invest in the companies truly transforming the food system for the future. At Oyster Bay, we look at a company's impact on the world through multiple dimensions, be it climate or social. The key question is really - does the company if it scales make a positive dent on the world? Does it address one of the big challenges our food system faces? The key impact areas for us are: • social impact & food security • Environmental sustainability • Sustainable supply chains That's why we have our own scorecard specifically for impact. In addition to evaluating the team, companies go through an additional process that is dedicated exclusively to impact. In addition, we support companies in managing and measuring their impact over time. Ragne, as our Head of Impact, works with our portfolio companies to support. This is part of our role and responsibility as an investor. How do you ensure that a positive impact is incorporated in your business model? #impact #funding #scorecard
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🌟 Looking to kickstart your food business hassle-free? 🌟 At Mora's Licensing & Registration Services, we've got you covered with: ✅ FSSAI Registration ✅ Trade Licensing ✅ Catering License ✅ Pollution Control NOC ✅ Hazardous Waste Disposal NOC Let us handle the paperwork while you focus on what you love – cooking! 🔥 Contact Us for more details and a FREE consultation. 📲💼 #FoodBusiness #Startup #License #Registration
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This inspiring entrepreneur story showcases how even small businesses can make a big difference. Read the full article to explore how your business can do its part for the environment. #ESG #ClimateAction #ESGInvesting
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This inspiring entrepreneur story showcases how even small businesses can make a big difference. Read the full article to explore how your business can do its part for the environment. #ESG #ClimateAction #ESGInvesting
Solar-powered beer: How green energy paid off for this microbrewery
bdc.dsmn8.com
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Agtech is expected to outperform the broader VC ecosystem in the near future, according to PitchBook's Alex L. Frederick. The rise of software businesses is contributing to this growth, and the sector is becoming increasingly VC-friendly. This is a small but rapidly growing space, driven by issues around food security. Check out more insights from Alex and the Morningstar PitchBook Global AgTech Unicorn index in Business Insider. #agtech #VC #foodsecurity #software #businessinsider
Agtech valuations were crushed in 2023. But food security concerns will keep it on the agenda.
businessinsider.com
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Back in 2016 I was finishing a BS Business Administration degree and getting, literally, Fast-Tracked into a Masters in Entrepreneurship program at one of the top entrepreneurship schools in the country. The project I had been working on the entire time was a Gourmet Mushroom Farm. This novel venture had caught the eye of professors and some local investors and was even presented at a few business plan competitions and got good reviews. The local chef scene loved the mushrooms from my proof-of-concept farm. Why then, didn't I end up running a gourmet mushroom farm upon graduation? Well, I looked at the business with a very honest lens and saw that it wasn't the type of business that could stand up to multiple investors expecting a 10X return and I knew that my current personal situation wasn't appropriate for the long grind to profitability that it would take to truly "bootstrap" the business. I am now fortunate enough to work with many CEA farms that are traveling along a similar path and I am always interested in helping them achieve success and also, where appropriate, offering a little guidance. Why am I bringing this up now? If you are in the CEA industry or thinking of joining it please read this article from a Founder of Smallhold. We grow Food(or beautiful plants) with Technology, it won't work the other way around. "You Can't Eat Technology". https://lnkd.in/g_qf6exP #CEA, #greenhouse, #LEDgrowlights, #verticalfarm, Hort Americas
You Can’t Eat Technology: Mushroom Business Lesson 101 from Smallhold Founder
mycostories.com
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This inspiring entrepreneur story showcases how even small businesses can make a big difference. Read the full article to explore how your business can do its part for the environment. #ESG #ClimateAction #ESGInvesting
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bdc.dsmn8.com
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This inspiring entrepreneur story showcases how even small businesses can make a big difference. Read the full article to explore how your business can do its part for the environment. #ESG #ClimateAction #ESGInvesting
Solar-powered beer: How green energy paid off for this microbrewery
bdc.dsmn8.com
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This inspiring entrepreneur story showcases how even small businesses can make a big difference. Read the full article to explore how your business can do its part for the environment. #ESG #ClimateAction #ESGInvesting
Solar-powered beer: How green energy paid off for this microbrewery
bdc.dsmn8.com
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This inspiring entrepreneur story showcases how even small businesses can make a big difference. Read the full article to explore how your business can do its part for the environment. #ESG #ClimateAction #ESGInvesting
Solar-powered beer: How green energy paid off for this microbrewery
bdc.dsmn8.com
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Senior Marketing Manager | Brand Hackers | We build fractional marketing teams for brands with big dreams
3moIf you fancy a watch, here it is! https://www.youtube.com/watch?v=zYcXDr-fNHM