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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 ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TOMS Shoes
Toms (stylized as TOMS) is a for-profit companybusinessoffashion.coBlake Mycoskie on 10 Years of TomsMAY 6, 2016 based in Los Angeles, California. Founded in 2006 by Blake Mycoskie, an entrepreneur from Arlington, Texas, the company designs and markets shoes as well as eyewear, coffee, apparel and handbags. The company was taken over by its creditors: Jefferies Financial Group Inc, Nexus Capital Management LP, and Brookfield Asset Management Inc in December 2019, and founder Mycoskie ceased to be an owner. Company history Blake Mycoskie visited Argentina in 2002 while competing in the second season of ''The Amazing Race'' with his sister. He returned on vacation in January 2006, and met a woman who was volunteering to deliver shoes to children. Mycoskie offered to help and has cited the shoe distribution experience, and the many shoeless children he encountered, as the birth of his idea for his eventual company. He decided to develop a type of alpargata (a simple canvas slip- ... [...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 is an American online retailer of prescription glasses, contact lenses, and sunglasses, based in New York City. Warby Parker was founded as primarily online retailer, but now sells primarily (about 90%) through approximately 160 physical retail store locations across the U.S. and Canada. History The company was founded in 2010 in Philadelphia by Neil Blumenthal, Andrew Hunt, David Gilboa, and Jeffrey Raider and is headquartered in New York City. The name "Warby Parker" derives from two characters that appear in a journal by author Jack Kerouac. The company's official corporate name is JAND Inc. and "Warby Parker" is the company's trade name. The company was started in the Venture Initiation Program of the Wharton School of the University of Pennsylvania, where the founders all studied. The company received $2,500 seed investment through the program and launched in February 2010. Shortly after launching, the company was covered by ''Vogue''. In May 2011, Warby Pa ... [...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. Two Degrees Food has provided meals to children in areas including the United States, Kenya, India, Malawi, Somalia, Colombia, and Myanmar. History Will Hauser and Lauren Walters founded Two Degrees Food in 2010 and launched in early 2011. The company's board of directors also included Keith Monda, the former President of Coach Inc. 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 Food's board of advisors included physicians Steve Collins and Judith Palfrey. The company was based in San Francisco, California, and had a staff of about 23 people. Two Degrees went out of business on ... [...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 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fast Company (magazine)
''Fast Company'' is a monthly American business magazine published in print and online that focuses on technology, business, and design. It publishes six print issues per year. History ''Fast Company'' was launched in November 1995 by Alan Webber and Bill Taylor, two former ''Harvard Business Review'' editors, and publisher Mortimer Zuckerman. The publication's early competitors included '' Red Herring'', ''Business 2.0'' and ''The Industry Standard''. In 1997, ''Fast Company'' created an online social network, the "Company of Friends" which spawned a number of groups that began meeting. At one point the Company of Friends had over 40,000 members in 120 cities, although by 2003 that number had declined to 8,000. In 2000, Zuckerman sold ''Fast Company'' to Gruner + Jahr, majority owned by media giant Bertelsmann, for $550 million. Just as the sale was completed, the dot-com bubble burst, leading to significant losses and a decline in circulation. Webber and Taylor left the mag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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