069, Michael Pirron, Impact Makers | How to Scale a Social Enterprise

069, Michael Pirron, Impact Makers | How to Scale a Social Enterprise

If you want to know how to scale a social enterprise, Michael Pirron of Impact Makers might be someone to ask. Not only is his company recognized as a “Best for the World” B Corporation, they are also on the Inc. list of Fastest Growing Companies for five years in a row. And, they have been listed as a Best Places to Work. That’s a combination that piques my interest.

Impact Makers is a for-profit Virginia benefit corporation that is owned by two non-profits. In 2015, Impact Makers gifted ownership of the company to two organizations that support philanthropy and community development: Virginia Community Capital and The Community Foundation Serving Richmond and Central Virginia.

Quotes from Michael Pirron on How to Scale a Social Enterprise:

“The typical path is the Warren Buffet or Bill Gates model: work really hard, be an Attila the Hun egregious business man. To make a lot of money is the focus, so that you can have an exit, cash out and then do philanthropy at some point.”

“I’m not a trust fund kid. I’m not independently wealthy and I had to pay the mortgage.”

“I created a model, selfishly, thinking how can I do well and do good at the same time?”

[spp-tweet tweet=”‘I started Impact Makers, with me, a laptop and $50 in the bank.’ Michael Pirron of @Impact_Makers”]

[spp-tweet tweet=”‘We didn’t grow despite our model. I think we grew because of it.’ Michael Pirron of @Impact_Makers“]

“The true secret is our ability to attract and retain talent, because of the model and because people have this desire to find meaning.”

“In ten years we’ve had eleven people leave, which is off the charts for an industry that has 15% to 20% annual turnover.”

[spp-tweet tweet=”‘Mission-aligned teams outperform teams that aren’t.’ Michael Pirron of @Impact_Makers“]

“Even in our performance reviews with our staff, we start with our values and everything derives from there.”

“Our clients are able to hire us and double leverage their already-existing IT consulting expenditure budgets, not just to get quality consulting services, but they can also make community impact.”

Mentoring Giveaway:

Throughout the month of April, you can win one of ten one-on-one mentoring calls to help you launch or scale a social enterprise. We’ll be drawing each week. To enter, go to http://tonyloyd.com/coaching

Resources to Scale a Social Enterprise:

Best-Selling Author, Speaker, and Coach
About the Author
Tony Loyd is a best-selling author, keynote speaker, and coach. He facilitates the growth of purpose-driven changemakers so that they can thrive and increase their impact. Tony has been personally trained in the science of climate change by former Vice President Al Gore, Chairman of the Climate Reality Project. The Climate Reality Project is a grassroots network of more than 20,000 trained leaders who live and work all over the world. Tony is the Executive Producer of the podcast Social Entrepreneur where he shares positive stories from underrepresented voices, focused on solutions. Social Entrepreneur is downloaded more than half a million times in over 180 countries. He is a TEDx speaker and the best-selling author of Crazy Good Advice: 10 Lessons Learned from 150 Leading Social Entrepreneurs. He is a former Fortune 500 executive with companies such as John Deere, Medtronic, and Buffalo Wild Wings. He has extensive experience in strategic planning, talent management, and leadership development.

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