SharkPod #66 ”Sustainable Fashion - a Digital Revolution”- Rónán Ó Dálaigh Funder/CEO Thriftify

What is up SharkNation!

This week on the SharkPod Luke and Mark sit down with Rónán Ó Dálaigh - Founder and CEO of Thriftify.

Thrifitify helps charities get the most out of donated goods by providing an online platform for them to sell directly to the public. 

By bringing technology to the industry, Thriftify hopes to ensure that the retailer gets the best price for their donated items while the public gets the chance to shop sustainably from the comfort of their home. 

 

Biggest takeaways:

 

1. Entrepreneurship can be done in a way that makes the world a better place.

2. Some of the biggest opportunities in business are in sustainability. As people become more concerned about climate change, equality and equity, there will be opportunities to build companies with these principles in mind. 

3. Even if the generation of maximum profits for the company is not the only goal, you can still raise funding if you need it to scale. During the pod they discuss how Rónán had to adjust his vision of the company only slightly in order to raise the capital they needed to expand. 

4. Build something with passion. When it comes to building a business, being passionate about the the problem you are solving will drive you to put in the work necessary to make the project succeed. Instead of jumping on the latest business fad, find a problem you are passionate about solving and see where it leads.

5. Sustainability as competitive advantage. In the future, as regulations change, those companies that are sustainable by choice and strategy will have a distinct competitive advantage. 

You can follow Rónán on insta: https://www.instagram.com/ronanodalaigh/

Thriftify: thriftify.ie

For feedback: Luke@shark.ie

Keep Moving Forward!