The Business of Meaning

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The business of meaning podcast showcases inspirational UK small business owners that are pursuing profits and purpose. We will be exploring culture, organisational structure, business models and strategy to understand how the companies balance profit with doing good. Our goal is to provide actionable insights for other small business owners and entrepreneurs so that they can implement tools and strategies and transform their own businesses to become purpose driven companies. read less

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#13: Andy Ayim - Investing in Diversity

#13: Andy Ayim - Investing in Diversity

Andy Ayim is an author, investor and product lead. He's formerly the managing director of Backstage Capital London which invests $100,000 to support women, people of colour, and/or LGBT people. Prior to Backstage, Andy has worked in a range of product roles in companies such as World First which was acquired by Ant Financial for $700 million. He's really passionate about creating pathways into tech and upscaling people from low-income backgrounds. He serves currently on the board of YSYS, Flipside and Mixtape Madness, a startup that he co-founded with his brothers and friends. And in 2018, Andy received the accolade of being named as one of the FT’s Top 10 Most Influential BAME Tech Leaders in the UK. Listen to his chat with Sanjay Parekh: 01m:08s – How Andy got to Backstage Capital from his early beginnings. 04m:23s – Why is Andy so passionate about bridging the gap between underrepresented peoples and the tech world? 06m:22s – What the differences are between the US and the UK in terms of diversity and inclusion. 12m:05s – What Andy’s personal work philosophy is. 16m:05s – How does Andy get the confidence to be his ‘whole self’ at work. 18m:40s – What some of Backstage Capital’s goals are and why has it been brought to London? 21m:16s – Why Andy wants Backstage Capital to eventually go out of business. 25m:24s – What’s the best way to interact with Andy and what Andy’s looking for as an investor? 29m:25s – How Andy guides people who are considering a career as an intrapreneur or entrepreneur. 33m:20s – How Andy uses his journal as google analytics for his thoughts. 35m:47s – Andy highlights some of the great companies that have gone through the Backstage process. 46m:56s – How would Andy advise others to make sure that they have meaning within their business? 48m:59s – What's next for Andy and Backstage Capital? Andy has left Backstage Capital since this podcast was recorded. Find out more about Backstage Capital by visiting www.backstagecapital.com or by emailing London@Backstagecapital.com. You can find all the companies mentioned at: https://backstagecapital.com/accelerator/cities/london/. You can find Andy at AndyAyim.com. The Business of Meaning Podcast would love to hear from you either via Twitter @BoFMeaning or via email at Sanjay@TheBusinessOfMeaning.com.

Episodes

#13: Andy Ayim - Investing in Diversity

#13: Andy Ayim - Investing in Diversity

Andy Ayim is an author, investor and product lead. He's formerly the managing director of Backstage Capital London which invests $100,000 to support women, people of colour, and/or LGBT people. Prior to Backstage, Andy has worked in a range of product roles in companies such as World First which was acquired by Ant Financial for $700 million. He's really passionate about creating pathways into tech and upscaling people from low-income backgrounds. He serves currently on the board of YSYS, Flipside and Mixtape Madness, a startup that he co-founded with his brothers and friends. And in 2018, Andy received the accolade of being named as one of the FT’s Top 10 Most Influential BAME Tech Leaders in the UK. Listen to his chat with Sanjay Parekh: 01m:08s – How Andy got to Backstage Capital from his early beginnings. 04m:23s – Why is Andy so passionate about bridging the gap between underrepresented peoples and the tech world? 06m:22s – What the differences are between the US and the UK in terms of diversity and inclusion. 12m:05s – What Andy’s personal work philosophy is. 16m:05s – How does Andy get the confidence to be his ‘whole self’ at work. 18m:40s – What some of Backstage Capital’s goals are and why has it been brought to London? 21m:16s – Why Andy wants Backstage Capital to eventually go out of business. 25m:24s – What’s the best way to interact with Andy and what Andy’s looking for as an investor? 29m:25s – How Andy guides people who are considering a career as an intrapreneur or entrepreneur. 33m:20s – How Andy uses his journal as google analytics for his thoughts. 35m:47s – Andy highlights some of the great companies that have gone through the Backstage process. 46m:56s – How would Andy advise others to make sure that they have meaning within their business? 48m:59s – What's next for Andy and Backstage Capital? Andy has left Backstage Capital since this podcast was recorded. Find out more about Backstage Capital by visiting www.backstagecapital.com or by emailing London@Backstagecapital.com. You can find all the companies mentioned at: https://backstagecapital.com/accelerator/cities/london/. You can find Andy at AndyAyim.com. The Business of Meaning Podcast would love to hear from you either via Twitter @BoFMeaning or via email at Sanjay@TheBusinessOfMeaning.com.

#12: Tom Old - Making it Simple for Anyone to Reduce their Impact on the Planet

#12: Tom Old - Making it Simple for Anyone to Reduce their Impact on the Planet

My guest today is Tom Old. Tom is a social entrepreneur and sustainability leader. In 2014, he established two businesses Just Move In and Big Clean Switch, which are both B-Corporations. In 2016, Tom spent three days training with Al Gore in Manila as part of the Climate Reality Program. He has since been an active member of Climate Reality and some talks and events across the country. He’s been to the COP 21 in Paris in 2015, which is the famous International Climate Agreement, and is well connected in the world of business and sustainability. He's a believer in pragmatic positive change and believes that establishing the right strategy is not just a necessity for the planet but necessary for the businesses that want to evolve and stay relevant in the 21st century. The areas we covered include: What Big Clean Switch is trying to achieve. The types of organisations Tom works with at Big Clean Switch. The impact that the Paris climate talks had on Tom. How behavioural economics is behind Just Move In. Why service is so important to Tom and how that enables him to deliver on bringing sustainability into every day tasks. The business case for purpose driven businesses. Why both businesses are B-corporations the impact on how he runs the companies. How working with IKEA is helping to change the narrative on sustainability The impact that Al Gore and the organisation Climate Reality has had on Tom and his work. The business case for purpose: HBR/EY Report - mentioned in the podcast. You can find out more about Big Clean Switch at https://bigcleanswitch.org/ and Just Move In at https://www.justmovein.co/. Tom can be found at LinkedIn here. I hope you enjoy the conversation as much as I did. If you like the podcast, please leave a review on iTunes. If you've got a direct feedback, we'd love to hear from you either via Twitter @BofMeaning or via email at Sanjay@TheBusinessOfMeaning.com. Thank you.

#11: Asesh Sarkar - Making Money Work for Working People

#11: Asesh Sarkar - Making Money Work for Working People

Asesh is the Co-Founder of Salary Finance. Salary Finance is on a mission to change the lives of working people by helping them become debt free and save towards their financial goals. Asesh is a former management consultant. He is a strong advocate of business with social purpose. The areas we covered include: What Salary Finance is trying to achieve. The core business model of Salary Finance. Why people aren't particularly good at managing their money. Salary Finance’s suite of offerings. Why there is a strong link between people's personal financial health and their mental health. The real issues around poor financial education and lack of tools for people to save and pay off debt. What is the culture at Salary Finance and how does Salary Finance live their values and encourage creativity. What's next for Salary Finance. What is Asesh’s advice to other business owners or entrepreneurs that want to have more meaning to their work. You can find out more about Salary Finance and Asesh at www.SalaryFinance.com or on Twitter @salaryfin. I hope you enjoy the conversation as much as I did. If you like the podcast, please leave a review on iTunes. If you've got a direct feedback, we'd love to hear from you either via Twitter @BofMeaning or via email at Sanjay@TheBusinessOfMeaning.com. Thank you.

#10: James Routledge - Making Mental Health Cool in the Workplace

#10: James Routledge - Making Mental Health Cool in the Workplace

James Routledge is the co-founder Sanctus. Sanctus is on a mission to change the perception of mental health and James is on a personal mission to make mental health in the workplace cool and to put a mental health gym on every high street. James and Sanctus want to normalise the conversation around mental health in the workplace and make good mental health practices commonplace as good physical health. The areas we covered include: How Sanctus came about. The core business model of Sanctus. Why the perception of mental health of just being mental illness has to change. How Sanctus business is structured in terms of funding and how it’s run. What's the underlying cause behind people's desire to improve themselves from a mental health perspective. What is the Mental Health Pledge. What is the culture at Sanctus and how does Sanctus maintain the culture within the business as it grows. What's next for Sanctus. What is James’ advice to other business owners or entrepreneurs that want to have more meaning to their work. You can find out more about Sanctus and James at https://sanctus.io/ or on Twitter @sanctus. I hope you enjoy the conversation as much as I did. If you like the podcast please leave a review on iTunes or your podcasting app. To find out more about our guests and mission visit www.thebusinessofmeaning.com.

#9: Jamie Crummie - How to Combat Food Waste with Bargain Lunches

#9: Jamie Crummie - How to Combat Food Waste with Bargain Lunches

Jamie Crummie is a Director and co-founder of Too Good To Go. Too Good To Go is a company on a mission to fight food waste and deliver tasty meals at discounted prices to food warriors around the world. Their simple to use app has saved over 13 million meals from the rubbish bin in over 9 countries. Listen on to find out: Why Jamie hates food waste and why he started the company. The sheer scale of the issue and why it should be seen as a crisis. How food waste contributes hugely to climate change. How the Too Good To Go app makes it easy for you to save money, save food and enjoy mystery food choices. How the psychology of food shopping encourages food waste. Why Jamie wants to put himself out of business. How consumers can change their expectations at the point of purchase to influence food. How Jamie and the team have maintained the culture under rapid growth to 200 staff. The challenges of international teams, corporate culture and serving customers in 9 countries. How the team tailor their approach to the different sizes and types of food outlets that they work with. The business case for a food company to be a food partner on the app. The importance of investor alignment with mission driven businesses. The future plans of Too Good To Go. You can find out more about Too Good To Go at: https://toogoodtogo.co.uk and you can connect directly with Jamie on LinkedIn. If you like the podcast please leave a review on iTunes or your podcasting app. To find out more about our guests and mission visit www.thebusinessofmeaning.com Thank you.

#8: Per Källgården - Turbo Charging Neighbourhood Watch for the 21st Century with Safeland

#8: Per Källgården - Turbo Charging Neighbourhood Watch for the 21st Century with Safeland

Per Källgården is the CEO and co-founder of Safeland. Safeland is the UK's first fully collaborative safety app. It’s an app for neighbourhood watch and care with the goal of everyone being able to get help within 3 minutes. Listen to find out: Why Per was concerned about his wife’s safety and why this inspired him to found Safeland How Safeland brings people and communities closer together How Safeland works with your domestic alarm to give you greater security for the neighbourhood How the 3 minute rule for safety works in practice How the service could benefit more than community security Why your kids are the best judge of whether your work is meaningful Why commercial success is essential for purpose driven businesses Why the company values reflect the Safeland community values How traditional social media creates anxiety around home safety and security. You can find out more about Safeland at: https://www.safe.land and you can connect directly with Per on twitter @kallgarden. If you like the podcast please leave a review on iTunes or your podcasting app. Thank you.

#7: Adam Fudakowski - Fighting Fuel Poverty and Climate Change with Smart Tech

#7: Adam Fudakowski - Fighting Fuel Poverty and Climate Change with Smart Tech

My guest today is Adam Fudakowski. Adam is the co-founder and CEO at Switchee. Switchee produces the first smart thermostat for affordable housing that helps fight fuel poverty and provides social landlords with remote data insights that cut maintenance costs and improve resident well-being. Adam is a graduate of both INSEAD and Cambridge University. He is on a mission to serve both landlords and residents by reducing fuel poverty for residents and by helping landlords to provide affordable warm homes. Some of the areas we cover include: Why Switchee was started. How Switchee’s business model benefits all stakeholders in social housing. How the product gives landlords superpowers to be pro-active with maintenance. Why they built their own hardware but don’t consider it a USP. How Switchee handles data privacy to build confidence with residents. Switchee’s experiences of dealing with investors as a purpose driven company How Switchee manages culture and maintains its values. How Switchee manages a disparate workforce and gets buy-in for strategy. Why Switchee has an unlimited holiday policy. You can find out more about Switchee and Adam at www.switchee.co or at Twitter @switcheeuk . I hope you enjoy the conversation as much as I did. If you like the podcast please leave a review on iTunes or your podcasting app. Thank you.

#6: Nadia Laabs - Smart Sustainable Fishing with Connected Devices from SafetyNet

#6: Nadia Laabs - Smart Sustainable Fishing with Connected Devices from SafetyNet

My guest today is Nadia Laabs. Nadia is a Business Strategist at SafetyNet Technologies. SafetyNet designs and builds clever connected devices that make fleet fishing smarter. Nadia works with mission driven organisations to prove their business models and help them achieve sustainable and socially impactful success. She is highly focused on commercialising SafetyNet to ensure the company maximises its impact. Some of the areas we cover include: Why SafetyNet was started. The discovery of research papers that were the basis of the business. The simple concept that can increase profits by up to 50% for the fishing industry. The importance of constantly evolving your values. The importance of working with a scientific community to ensure a competitive advantage. Why SafetyNet is aligning its investors with its values. Teal management structures and how they can benefit your business. The importance of working in a co-working space with other mission driven businesses. You can find out more about SafetyNet and Nadia at www.sntech.co.uk or at Twitter @SNTechUK. Books mentioned in this episode: Reinventing organisations by Frédéric Laloux Podcasts mentioned in this episode: The Reboot podcast with Jerry Colonna I hope you enjoy the conversation as much as I did. If you like the podcast please leave a review on iTunes or your podcasting app. Thank you.

#5: Nick Taylor - Removing the Stigma of Mental Health at Work Through Software

#5: Nick Taylor - Removing the Stigma of Mental Health at Work Through Software

Today’s guest is Dr Nick Taylor. Nick has spent ten years in the NHS as a Clinical Psychologist dealing day-to-day with mental health in a variety of environments before leaving to co-found Unmind where he is the CEO. Unmind is a B2B mental health platform that provides clinically-backed tools and training to bolster the wellbeing of employees. Nick tells me that the entire business is focused on providing positive, proactive solution to corporates. Unmind is a fascinating company and a business for our times. Listen in to learn why Nick switched from working in the NHS to co-founding a software company focused on the mental health of corporate staff. How Unmind helps people to remain mental healthy at work. How to overcome the stigma of workplace mental health issues. The impact of technology and environmental change on stress in the workplace. Nick gets under the skin of the importance of dealing with mental health in the workplace and what drives him and his team to educate us all on the importance of taking our mental health more seriously. Nick and I also discuss the extra challenges that technology start-ups face in keeping founders and staff mentally healthy and we also discuss diversity in the workplace and how Unmind maintain their culture and values as the go through rapid growth. I hope you get as much as I did out of the conversation.

#4: Bruce Davis - Sustainable Investing for All with Abundance

#4: Bruce Davis - Sustainable Investing for All with Abundance

Bruce Davis is the co-founder and joint Managing Director of Abundance Investment, a P2P platform for sustainable investments that has already raised over £85 million for various environmental and social businesses. Bruce is also an Ethnographer. I must admit that was new term for me. He’s applied these skills to great effect in his career, we’ll delve into this fascinating subject in the podcast. Bruce was also part of the innovation team at egg that created the egg credit card and more recently worked at Zopa the first P2P lending platform that was started in 2005. Bruce has also applied his broad business skills to create a number of different drinks brands including the monkey shoulder whiskey brand. I hope you enjoy the conversation as much as I did.

#3: Jonathan Key - Innovation and Fairness for Part-time Workers and Employers

#3: Jonathan Key - Innovation and Fairness for Part-time Workers and Employers

Jonathan Key is the founder and CEO of the Labour xchange an innovative recruitment marketplace that connects people with spare time with businesses that have short term needs for additional staff. His innovative and fair approach means that workers can top up their working week with extra hours from local firms whilst earning a fair wage. His vision is inspiring and the platform and Jonathan are an antidote to the many negatives associated with the gig economy culture. Find out how you can employ short term staff fairly and quickly and learn how modern staffing marketplaces work.

#2: Daniel Rajkumar - Rebuilding Society by Changing the Relationship of Business Lenders and Borrowers

#2: Daniel Rajkumar - Rebuilding Society by Changing the Relationship of Business Lenders and Borrowers

Daniel Rajkumar is the founder and CEO of Rebuilding Society. A peer-to-peer lending platform that is changing the way business and borrowers engage with each other to build a better society whilst generating great returns for both borrowers and investors. Daniel explains his business model, motivations, how investors and businesses can engage with the platform and how you can add more meaning to your business. This podcast does not constitute financial advice. Listeners should seek appropriate advice when making financial decisions.

#1: Coming Soon - The Business of Meaning Podcast

#1: Coming Soon - The Business of Meaning Podcast

A quick introduction to the business of meaning podcast, a podcast showcasing UK small businesses that deliver both profit and purpose.