#215 - Can Purpose-Driven Business Fix Capitalism? with Davis Smith of Cotopaxi

#215 - Can Purpose-Driven Business Fix Capitalism? with Davis Smith of Cotopaxi

If you've traveled, you've seen the destructive nature of capitalism. But can we lean into it and still make an impact? Better yet, can we use it as the very instrument for change?

Davis Smith joins us today to share his story and emphasize the possibility of building a thriving business with a focus on social impact. Davis is the Founder and CEO of Cotopaxi, an outdoor gear brand with a humanitarian mission.

In this episode, he breaks down the methodology behind a purpose-driven business and the potential it has to effect change. Growing up in South America and being exposed to extreme poverty really informed Davis' passion for impact, and he shares his fascinating path to linking social impact with business.

Davis illustrates what the world would look like if more businesses operated according to the Cotopaxi framework, and illuminates how, from his experience of sourcing investments, it seems to be women who have a greater understanding of impact and the future of business.

We also discuss the responsibility of the consumer to make a change, along with the nuances of where businesses are failing and how they can shift gears to move from destruction and extraction to meaningful impact!

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💌 BETTER WORLD WEEKLY NEWSLETTER: The Better World Weekly is a weekly newsletter written and published by Grow Ensemble Founder and Podcast Host, Cory Ames. For the latest insights, analysis, and inspiration for building a better world, join the 1000s of changemakers and social entrepreneurs from all sectors all over the globe who get this email in their inbox every Monday.

Subscribe >>> https://growensemble.com/newsletter/

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📄 Full Show Notes - Links, Transcript, & More
📣 SUPPORT THE PODCAST: GROW ENSEMBLE: ABOUT CORY AMES: FOR SOCIAL ENTREPRENEURS: Get the courses, coaching, and services to help grow your business and expand your impact with our Better World Business Growth programs.

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Jaksot(255)

#254 - What Makes a Great Company? - Dean's Beans Journey to Worker Ownership

#254 - What Makes a Great Company? - Dean's Beans Journey to Worker Ownership

Welcome to the Social Entrepreneurship & Innovation Podcast. In this thought-provoking episode titled "What Makes a Great Company?" we're diving into the inspiring journey of Dean's Beans Organic Coff...

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#253 - Seth Godin: How to Escape Industrial Capitalism's Race to the Bottom & Do Work Worth Doing

#253 - Seth Godin: How to Escape Industrial Capitalism's Race to the Bottom & Do Work Worth Doing

Yes, we need to make a living. But how do we make a life? It might not simply be about the money. When the world is in turmoil, when our health is at risk and the future seems murky, perhaps payche...

27 Helmi 202455min

#252 - Is Globalization Good or Bad? The Effects of NAFTA & Global Supply Chains ⛓️

#252 - Is Globalization Good or Bad? The Effects of NAFTA & Global Supply Chains ⛓️

On December 8th, 1993, Bill Clinton signed the North American Free Trade Agreement (NAFTA) into law. In his remarks at the signing, Clinton proclaimed, "NAFTA means jobs. American jobs and good-payin...

15 Helmi 202431min

#251 - 7 Examples of Greenwashing

#251 - 7 Examples of Greenwashing

In this episode of Grow Ensemble, host Cory Ames delves into the deceptive tactics of greenwashing, where companies mislead the public about their environmental and social responsibility. Through 7 co...

8 Helmi 202423min

#250 - What Makes Great Coffee? ☕️

#250 - What Makes Great Coffee? ☕️

5 roasts, over 5 regions, and the story of the coffee supply chain from farm to cup. Our task here is to explore and reconsider this question: what makes great coffee? To do so I've enlisted the help...

25 Tammi 20241h 4min

#249 - The 10 Characteristics of Success in Social Entrepreneurship

#249 - The 10 Characteristics of Success in Social Entrepreneurship

What does success mean to you? Defining success in a field can define the field. Defining success for ourselves will define our lives. And so here, friend and coach of mine, Paul Zelizer and I go thro...

7 Marras 20231h 34min

#248 - Are we even close? | ensemble #1

#248 - Are we even close? | ensemble #1

In a little over a decade, Houston has housed over 28,000 people who were experiencing homelessness. The U.S.'s 4th largest city has cut its total homelessness figures by more than 60% since committin...

17 Loka 202315min

#247 - The Preamble: What's in a Name? | ensemble #0

#247 - The Preamble: What's in a Name? | ensemble #0

We're thrilled to introduce a new format of the show — what we'll be calling Ensembles. These ensembles are designed to be something of a meditation, helping us to explore the art of living and work...

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