- The Impact Lab
- Posts
- There's no try. Do. Or do not
There's no try. Do. Or do not
plus, profit = mission
Mark Dusseau
May 03, 2024
Hey there impact-drivers,
Happy May! It’s another month and time to get inspired to do more. We’ve been busy getting involved in a few impact-driven communities and projects. We even placed in the top three for the Gusto Impact Awards!
But that’s enough about us; let’s get started with a few wise words!
Today’s Impact wisdom
"Do your little bit of good where you are; it's those little bits of good put together that overwhelm the world." - Desmond Tutu
Impact food for thought
Profit = Mission
A study by Harvard Business Review found that organizations with a clear social mission were more likely to thrive financially when they prioritized profitability alongside their social objectives.
Remember, “why” you start your business shouldn’t be focused on just making money; maintaining a profitable business model that aligns with our vision and mission helps us go further. Here are 7 tips to consider
Impact startups worth tracking
ImpactableX uses AI to help purpose-driven founders and funders track and measure impact.
Waymap is an accessibility-first, highly accurate navigation app that works outdoors and indoors to help people with disabilities.
NextAI Studios is building an AI-based emotion detection system for toys for children's mental health.
BestyBnB creates crisis care to help social service agencies secure safe, temporary homes for pets during their owners’ crises.
DailyKarma is a SAAS platform for brands to empower customers to support good causes when shopping.
IMpact founder spotlight
WALKER’S LEGACY IMPACT MISSION: Digital platform for entrepreneurial and professional development of multicultural women IMPACT VISION: Equipping 10,000 Black women entrepreneurs to be bankable and capital-ready by 2025 Join the campaign #whatsyourIMpact |
Worth knowing: impact startup tips, news & events
How to build a successful mission-driven business: use these 7 practical tips to get started
Dutch startup TommyTomato bags €1.9M to get 50,000+ children to eat a vegetable lunch this year
Tech for Good: 26 startups join UNICEF’s venture fund pledge: emerging economy startups commit innovation benefiting children
Till next time, let’s continue to build something that matters. Don’t forget to focus on creating a sustainable business model that fuels your mission and vision. If you are building a tech product, we’re happy to help.
Are you building something that matters? Submit it here to be featured.
Let’s make this month exceptional!