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One For One
One for one (also known as "buy-one give-one") is a social entrepreneurship business model reputedly developed by Blake Mycoskie of TOMS Shoes, in which one needed item is given away for each item purchased. History The One for One business model is largely credited to TOMS Shoes. Founded by Blake Mycoskie in 2006, TOMS Shoes donates one pair of shoes to a child in a developing country for each pair sold to consumers. Based on the success of TOMS Shoes, other companies began following the business model. Warby Parker began donating eyeglasses to people in need while companies like Soapbox Soaps and Two Degrees Food employ the model to help with poor hygiene and hunger. Concept The One for One model is a viable way to create commercial and social value. A study conducted by Stanford Social Innovation Review stated that trends in consumer behavior that put high values on social issues are a way for companies to leverage their competencies for a social cause. It also showed that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blake Mycoskie
Blake Mycoskie (born August 26, 1976) is an American entrepreneur, author, and philanthropist. He is the founder of Toms Shoes and co-founder of Madefor. Early life and education Mycoskie was born in Arlington, Texas, to Mike Mycoskie, an orthopaedic surgeon, and Pam Mycoskie, an author. After first attending Arlington Martin High School, he graduated from St. Stephen's Episcopal School in Austin in 1995. Mycoskie, who began playing tennis when he was 10, attended Southern Methodist University on a partial tennis scholarship in 1995, and elected a dual major in philosophy and business. After an Achilles tendon injury he sustained as a sophomore, which effectively ended his tennis career, Mycoskie left SMU and launched his first business, EZ Laundry. Originally focused on SMU, which had no on-campus dry cleaning service, EZ Laundry expanded, ultimately employing more than 40 people, servicing three universities, and generating approximately $1 million in sales. Mycoskie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warby Parker
Warby Parker Inc. is an American eyewear brand and retailer of prescription glasses, contact lenses, and sunglasses, based in New York City. Founded in 2010, it was initially an online-only retailer. It now receives (about two-thirds) of its revenue from its 276 physical retail stores, 271 of which are in the U.S. and 5 of which are in Canada. It also offers eye exams. The company has 2.28 million customers, with an average order value of $263. The company's goal is to operate 900 stores. Warby Parker is headquartered in New York City. The name "Warby Parker" derives from two characters that appear in a journal written by Jack Kerouac. Warby Parker designs its products in-house and sells them directly to consumers through its website and stores. The company orders its own materials and works directly with partners in Italy, Vietnam, Japan, and China to manufacture their frames, often in the same factories as competitors such as Luxottica. History The company was founded in 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Two Degrees Food
Two Degrees Food was a one-for-one food company that produced vegan snack bars. One of their main ways to promote their business was using some of their profit to give food to hungry children. Will Hauser and Lauren Walters launched the company in 2011, and it went out of business in 2017. History Will Hauser and Lauren Walters founded Two Degrees Food in 2010 and launched in early 2011. Hauser and Walters picked the name Two Degrees to emphasize the idea that only two degrees of separation exist between consumers to a hungry child. In 2011, Two Degrees Food was recognized as a runner up in the Katerva Awards for Food Security. Two Degrees went out of business on February 1, 2017. Product and mission Two Degrees Food produced a line of all-natural, gluten-free, vegan and GMO-free nutrition bars in several flavors to appeal to a wider audience. These products were Apple Pecan, Cherry Almond, Chocolate Banana, and Chocolate Peanut. The recipes were developed by Barr Hogen. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanford Social Innovation Review
''Stanford Social Innovation Review'' (''SSIR'') is a magazine and website that covers cross-sector solutions to global problems. ''SSIR'' is written by and for social change leaders from around the world and from all sectors of society—nonprofits, foundations, business, government, and engaged citizens. ''SSIR'' mission is to advance, educate, and inspire the field of social innovation by seeking out, cultivating, and disseminating the best in research- and practice-based knowledge. With print and online articles, webinars, conferences, podcasts, and more, ''SSIR'' bridges research, theory, and practice on a wide range of topics, including human rights, impact investing, and nonprofit business models. ''SSIR'' is published by the Stanford Center on Philanthropy and Civil Society at Stanford University. The publication was founded in 2003 by the Center for Social Innovation (CSI), a Hewlett Foundation grantee at the Stanford Graduate School of Business. Now, ''SSIR'' receives ab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fast Company (magazine)
''Fast Company'' is an American business magazine published monthly in print and online, focusing on technology, business, and design. It releases six print issues annually. History ''Fast Company'' was founded in November 1995 by Alan Webber and Bill Taylor, both former '' Harvard Business Review'' editors, and publisher Mortimer Zuckerman. Early competitors included '' Red Herring'', '' Business 2.0'' and '' The Industry Standard''. In 1997, ''Fast Company'' created an online social network called the "Company of Friends," which led to the formation of numerous meeting groups. At its peak, the Company of Friends comprised over 40,000 members across 120 cities, though membership declined to 8,000 by 2003. In 2000, Zuckerman sold ''Fast Company'' to Gruner + Jahr, majority-owned by media giant Bertelsmann, for $550 million. The sale coincided with the dot-com bubble burst, resulting in substantial losses and a drop in circulation. Webber and Taylor departed in 2002, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
