What if you start a non-profit out of a for-profit, then that non-profit starts its own for-profit to fund its non-profit operations? Sound confusing? It’s not, and it’s actually an incredibly smart way to help change the world without constantly relying on donations and hand outs to operate. FK Day co-founded SRAM, one of the world’s largest cycling component brands. Then, after 20 years, he stepped aside to launch World Bicycle Relief, taking all of the business lessons he learned from SRAM and applying them to grow rapidly and make a massive impact through bicycle donations. You may not be making the world a better place through cycling, but there are a ton of corollaries any entrepreneur can use to grow by empowering employees, building so you can scale, and going where your customers are. Listen in to hear how FK has built a massive global enterprise and his tips for doing the same with your own business!
For full show notes, links and images, check out this show's post at TheBuildCycle.com/Podcast
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Ep #073 - Creating the Entrepreneurial Growth Mindset w/ Joe Trodden
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Ep #071 - Magma Magazine App co-founder Jake Warner
Ep #070 - The Build Cycle is BACK!!!
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Ep #068 - Get Unlimited Content Marketing Ideas w/ Melanie Deziel
Ep #067 - How to start a conference w/ AppsEvents' Dan Taylor
Ep #065 - Launching a price-point consumer brand w/ Tifosi's Joe Earley
Ep #065 - Wolf Tooth Components on product ideas & work-life balance at startup
Ep #064 - How to build brand community like a local
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Ep #062 - How to Grow & Lead a Real Business w/ Bluffworks' Stefan Loble
Ep #061 - How to Delegate Like a Pro with Belay Solutions' Bryan Miles
Ep #060 - How to Assemble an A-Team w/ Stryve Co-Founder Gabe Carimi
Ep #059 - Surprising benefits of Sales Systems w/ Cirrus Insight's Brandon Bruce
Ep #058: How to Eliminate Naysayers w/ Jeffrey Hayzlett
Ep #057 - Women leadership, family business, marketing & more w/ Santini SMS
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