Ecopreneurist

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Fast money and fast movers. These are the phrases that come to mind when entrepreneurs talk about venture capital as a potential source of funding. But what if the flow of funds slowed down…way down?

The Next Generation of Sustainable Capital

The Investors’ Circle spring conference attempted to answer that question during a lively breakout session entitled “Slow Money: New Strategies for Investing in Local Food Systems.” Attended by reps from next generation investors such as SJF Ventures, Transformative Capital, and Renewal Partners, the conference blended a business pitch competition, philosophical discussions, an entrepreneur showcase, and community education in an effort to jump start the transition to a sustainable economy. Ecopreneurist writers were out in full force at the conference, with Leah Edwards blogging the “Is Organic the Next Clean Tech?” breakout session and joining in the networking events.

Slow Money: New Strategies for Investing in Local Food Systems

As part of the larger Slow Movement sweeping the cultures of food, travel, cities, and schools, Slow Money proponents seek investments and returns at the pace of sustainable business development. Slow Money panelist Greg Steltenpohl, former CEO of Odwalla and self-confessed “fast money sinner testifying before you,” advocated for the creation of new metaphors for economic growth. In the Slow Money movement, organic phrases replace academic terminology and new financial vehicles arise to form the “compost of the slow money economy.” Investors’ Circle chairman Woody Tasch expressed this transition as a study in contrasts between old and new ways of thinking: Read the rest of this entry »

This is the first of several posts describing “Strategies of Abundance” for ecopreneurs and green business owners.

Even in financially tough times, these Strategies of Abundance reflect interrelationships between personal finance and business, especially for small business owners. The key for ecopreneurs is how they use their business to make the world a better place. Profits from a green enterprise are the catalyst for ecopreneurs to achieve their Earth Mission, whether to restore ecological integrity or make photovoltaic systems affordable to all.

STRATEGY #1: Stop paying the banker.

The longer you hold a mortgage, the more you work for the bank and the more profitable you make them. For comparison, below is a chart from our book, ECOpreneuring, reflecting how interest can pile up on a $100,000 mortgage at 7 percent interest for terms of 15 and 30 years. While the monthly payment is less for the 30-year mortgage (the primary reason many of us choose it), we end up paying more than double for the use of the same pot of money.

By accelerating our mortgage payments on our 30-year fixed mortgage by paying down the principal when we could, we have the ability to earn less income to pay the bank than if we did otherwise over the long-term. Prepayment on principal is usually acceptable and completely legal. Every time you pay down the principal, the remaining interest and balance is recalculated, meaning that more of your regular monthly payments go to the principal and not interest payments.

Read the rest of this entry »

Before you can open your doors for business, you need an office. Stocking your office with needed supplies is a great opportunity to show your green side and make sustainable choices. From furnishings to paper clips, there are eco-friendly options out there for every office need.

Whether you’re working from home or from a downtown high-rise, you can conserve paper, reduce energy use, and produce less waste by keeping the environment in mind for all your office purchases. In this article, I’ll share ideas for stocking your green office and sources of green office products. Read the rest of this entry »

Sometimes it’s nice to communicate verbally for a change. I had that opportunity this week when I was a guest on PR 101 Radio - Marketing Advice for Small Business. Erika Taylor, from Three Girls Media conducted a great interview where i was able to discuss some of the pleasures and pitfalls of green marketing.

Check out my interview here and here:

I’ll be appearing on the show again on June 11th so stay tuned.

As an entrepreneur, you may at times question your sanity : long hours, uncertain outcomes, energy drain on the rest of your life. And yet you keep on going. You have to. The thrill of successfully launching a new endeavor, whether to make a living, a difference in the lives of people, an impact on the health of the planet, or all of the above is too great not to.

And yet, there may be times that nothing’s coming to you. You’re either stuck for a new idea, or having doubts about or missing pieces to what you’re currently working on. In steps Springwise. Springwise is hub for people to share ideas, and is smartly designed for rapid skimming, by category, keyword, and country.

Now, you may say, what’s new about this? There are lots of business and entrepreneurial blogs and publications out there. Fair enough. Amsterdam based Springwise puts it well when they say,

Springwise scans the globe for the most promising business ventures, ideas and concepts that are ready for regional or international adaptation, expansion, partnering, investments or cooperation. We ferociously track more than 400 global offline and online business resources, as well as taking to the streets of world cities, digital cameras at hand.

They also enlist the eyes and minds of an additional 8000 Springspotters in 70 countries to keep an on the ground perspective on what’s going on.

What does this look like? Read the rest of this entry »

At the Investors’ Circle Conference in San Francisco, the Plenary Session of the May 7th Education Day was titled, “Is Organic the Next Clean Tech?” Can organic foods (and other products) can attract major investment capital, in the way clean technology has in the past few years, to the tune of tens of billions of dollars.
I am not sure whether the answer is a resounding yes, but panelist Walter Robb, Co-President and COO of Whole Foods Market announced that Whole Foods will be investing in small supplier companies, and all of the panelists were positive about the potential of investing in organics.

Kristen Groos Richmond, Co-founder/CEO of Revolution Foods, who has a wonderful if improbable company, which I wrote about before, can speak first-hand about the ways entrepreneurs can attract professional investors while pursuing goals such as connecting local farmers and consumers. Read the rest of this entry »

I’ve been thinking a lot about the Food service Industry these days. A recent article in Environmental Leader noted that of all of the industries tracked by Climate Counts , an organization that produces a company scorecard , Food Service scored the lowest.

Overall the average company score increased from 30.6 in 2007 to 39.3 this year - a 22% increase. Twenty-three companies were ranked as “striding” (making progress toward change) vs. 18 last year. Ten companies are still ranked as “stuck” vs. 18 last year.

However, the Food Services sector had the lowest average (11.5 out of 100) of any of the eight sectors measured with smallest overall improvement.

Why is it so difficult for food service companies to go green?

Read the rest of this entry »

Both for profit and non-profit businesses are led by ecopreneurs who are making the world a better place through their creative, innovative and ground-breaking enterprises. Lisa’s and my book, ECOpreneuring, features numerous “Ecopreneur Profiles” — including David Anderson, the founder and CEO of GreenOptions.com — along with many other brief summaries.

But there are millions of ecopreneurial enterprises prospering throughout the U.S. and around the world. Perhaps you’re one, too.

So, we have formed a partnership with EcoSector.com, an on-line portal serving as a unique conduit for growing the green economy, offering opportunities to share video clips, feature photographs of products or services, and display blogs. Read the rest of this entry »

When I decided to start my own business, I knew that I wanted it to be green. Of course, my definition of green could be quite different from everyone else’s. There are varying shades of green, which makes it very difficult to quantify or define. Perhaps this is why there are so many different green certifications, seals, labels, and standards out there. With the dizzying array of options for green and sustainable certification available, it’s hard for a business owner to decide which certifier to use or if it’s even worth bothering at all.

Since I’m trying to start a graphic design studio, I started by searching for a green certification agency that specialized in creative services. It seems that many of the certifiers lack standards for service-based businesses, as most focus on products. The only design specific green “certification” that I found was the Design Can Change Pledge, a voluntary pledge for designers who commit to move towards sustainable practices. The site includes many ideas for going green as well as a great introduction to what sustainability in graphic design means, but doesn’t offer certification for green design businesses. As of yet, there’s no LEED for the graphic design industry. Read the rest of this entry »

Editor’s note: This week’s post from our friends at Eco-Libris seemed much appropriate for Ecopreneurist: an interview with author Jill Bamburg about her book Getting to Scale: Growing Your Business without Selling Out. While the book is two years old, Jill’s ideas about how mission-driven businesses can grow and thrive are still very timely. This post was originally published on Wednesday, April 23, 2008.

Getting to Scale is the second book so far that Swedish publisher Bookhouse Publishing translated and balanced out with tree plantings by Eco-Libris. They are doing great work over there and we encourage all our Swedish speaking readers to check them out.

How can you structure your green or mission-driven business, so that you can grow and even possibly sell it one day, without compromising your ideals, beliefs and mission? How can you fund your growth without finding out too late that your new investors are not at all interested in what you are doing for the environment or society, but only in the financial bottom line? While Getting to Scale is not a “how to” guide, it describes a wide variety of case studies that illustrate key findings. It is based on extensive in-depth interviewes with dozens of CEOs and founders of mission driven businesses such Ben & Jerry’s, Stonypoint, American Apparel, and many others.

Read the rest of this entry »