Chapter
The Story of TOMS Shoes' One for One Model
41:26 - 48:45 (07:19)
Blake Mycoskie, the founder of TOMS Shoes, discusses how he came up with the idea for the one for one model, where for every pair of shoes sold, another would be given to a child in need, and how it led to a successful business that combined commerce and social impact.
Clips
While brainstorming ideas for a shoe that gives back, the founder of TOMS realized that he didn't need to start another business to make money, but instead could structure it as a charity.
41:26 - 43:35 (02:09)
Summary
While brainstorming ideas for a shoe that gives back, the founder of TOMS realized that he didn't need to start another business to make money, but instead could structure it as a charity. He wanted to sell a product on its own merits and get people excited about giving back.
ChapterThe Story of TOMS Shoes' One for One Model
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
The speaker reflects on how women have always been the primary shopper for shoes and how, as someone who didn't know much about shoes, she relied on feedback from women in order to understand the market for a new shoe product.
43:35 - 45:40 (02:04)
Summary
The speaker reflects on how women have always been the primary shopper for shoes and how, as someone who didn't know much about shoes, she relied on feedback from women in order to understand the market for a new shoe product.
ChapterThe Story of TOMS Shoes' One for One Model
Episode#249: How to Make a Difference and Find Your Purpose -- Blake Mycoskie
PodcastThe Tim Ferriss Show
TOMS Shoes began with a simple idea of "one for one" and after a successful start with guilt-free shopping, the brand became a household name for people who were looking to do good with their purchases.
45:40 - 48:45 (03:05)
Summary
TOMS Shoes began with a simple idea of "one for one" and after a successful start with guilt-free shopping, the brand became a household name for people who were looking to do good with their purchases.