Steven Izen - Purpose-Driven Entrepreneurship : Combining Business and Giving Back
Description
Welcome to another episode of Master Mind, Body, and Spirit with Matt Belair. In this episode, we are joined by special guest Steven Izen, the founder and CEO of Lokai.
Steven shares his insights and experiences on finding balance, success, and purpose in the world of entrepreneurship. If you're looking for self-help and inspiration on how to create a meaningful and purpose-driven business, this is the episode for you.
Join us as we dive deep into the importance of integrating social causes into your business, finding your mission, and building a strong team. Don't miss out on this fascinating conversation with one of the most innovative entrepreneurs young entrepreneurs in the world!
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Show Notes:
- Integrating social cause into business is important for success
- Ten Trees, a company that plants ten trees for every shirt sold, as an example of a successful business doing good beyond just the business side
- Entrepreneurship is about finding a need or problem to solve and helping others
- Integrating giving and meaning into business can create a synergistic effect that strengthens the company's message
- Businesses should think about the educational and inspiring elements of their products or services to make a bigger impact and grow in a congruent way
- Giving back and making money simultaneously is ideal for the speaker
- Companies with a bigger purpose and those that make the world better are important to the speaker
- Staying hyper-focused on what is driving the success and growth of the company is key
- Prioritizing tasks that make a huge impact is better than filling one's day with multiple tasks
- Purpose and the market go hand-in-hand, and entrepreneurs need to build products with a total addressable market to achieve success
- Prioritize personal life over work and view entrepreneurship as a career, not a company
- It is important to have a clear mission, purpose, and direction when entering the entrepreneurship world
- Understanding the value proposition of a product or service and focusing on it is essential
- Having a strong team and hiring great people is significant
- Having a stoic or Zen mindset is great advice for business
- Make A Wish grants life-changing wishes to children with critical illnesses
- One needs to have an idea that they are willing to commit to for at least 10 years in order to succeed in entrepreneurship
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