Dr. O - Businesses for Social Change

Omer Casher

Conversations with mission-driven entrepreneurs building businesses for social change. I am sure they will inspire you as they have inspired me. If you have been impacted by the recent terrible global events and have a burning desire to make a positive social change, you've come to the right place. My own Telehealth project aims to keep patients with chronic conditions out of the hospitals and in their homes. read less
BusinessBusiness
Paul Diamond: Reassessing work during social change: Part 6 - Shifting from a career to an entrepreneurial mindset
25-02-2022
Paul Diamond: Reassessing work during social change: Part 6 - Shifting from a career to an entrepreneurial mindset
In this episode, Paul Diamond and I share our experiences in jumping from a corporate career into entrepreneurship. Like myself, people who do this often read many motivational books and write a business plan before they jump. Without a doubt the biggest mistake that I made was not identifying a big social mission and therefore omitting in the business plan the tasks needed to act on the mission in addition to delivering a product and service. Not surprisingly I pivoted several times which is another way of saying I had to overcome multiple failures. The goal of this episode is for the early-stage entrepreneurs to learn from my mistakes. To this end, I have drafted a short generic bucket list that has helped me survey the landscape of Dr. O's social mission and organise the tasks in my business plan accordingly:Social mission: What is the social change that you want and the biggest single measure of success? This is the "think big" mission that should resonate not only with you but with all your stakeholders.Motivation: Is your true motivation aligned to your social mission? This should determine your resiliency and the obstacles you must overcome. Value creation: What are the professional skills that you have applied (preferably repeatedly) to create big business value?  You will need them to succeed in your social mission.Communication: How do you convince all the stakeholders (team, customer cheerleaders, investors) of the value that you will create for society? Your communication skills can be assessed by the stakeholder feedback and buy-in. Community: How will you build an engaging online and offline customer-centric community? This should establish the feedback loop for your customers.Planning: Once the above questions are answered, what is the business plan? This should include the community building tasks.Education: What education is required to deliver the plan? Your education needs to be optimised for risk mitigation as well as business credibility. The Black book: What network is needed to help you realise your social mission? Identify your existing relationships and how you will build all the new relationships needed. Paul and I expand on these during our conversation. To be frank, I had felt that building a community was the top priority at the early stages but I left this discussion having identified a higher priority from the above that will greatly facilitate  community building. Can you guess which one it is?Paul can be reached on LinkedInPeople on Work
Warwick Hill, CEO, ElectricBoxx: Delivering social change from sustainable energy through leadership education and a black book
21-02-2022
Warwick Hill, CEO, ElectricBoxx: Delivering social change from sustainable energy through leadership education and a black book
I met Warwick Hill in 2016 when he was the CEO of Microsoft for Startups and the company that I worked for at the time was a resident. Warwick is a hard core serial entrepreneur who started his first business in his early 20s and has since built and sold a number of companies of increasing complexity which included the effective use of Indian and Chinese resources.  Many startups focus all of their efforts in delivering product/market fit of a single new technology before scaling. By contrast Warwick is delivering social change in sustainable energy by pooling a diversity of technologies and services. He is achieving this through several business activities. He is a partner at Supercapital Partners which invests in proven high growth businesses and stages the payments based on pre-agreed milestones. He is also the CEO of ElectricBoxx, which combines 3 core component: 1. Clean energy infrastructures to power homes and electric vehicles; 2. A marketplace where carbon neutral homes can trade excess energy certificates with ElectricBoxx's corporate customers; 3. Financing through flexible OPEX. Warwick is also a board member of several companies.If this landscape sounds highly complex, that's because it is. But wait, there is more. Warwick is also pursuing formal leadership education whereby the outputs of an MBA research project feed directly into his business project. So where does Warwick find the time to do all of these business activities while focusing on his MBA? Over the years Warwick's has built up a black book of relationships from which he draws upon for team building, financing and finding his early customers. In my opinion such a black book is a prerequisite for solving the next generation of business challenges.Warwick Hill: https://www.linkedin.com/in/warwickhill/Supercapital Partners LLP: https://www.supercapitalpartners.com/how-we-do-it/ElectricBoxx: https://electricboxx.com