Awarepreneurs - #336: Capital and Exit Strategies for Impact Founders with Miyoko Schinner

🔖 Titles

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1. Impact Founders' Capital Strategies with Miyoko Schinner 2. Build Equity Through Impact: Miyoko Schinner on Capital and Exits 3. Navigating Capital and Exits: Insights from Miyoko Schinner for Impact Founders 4. Creating Sustainable Impact: Miyoko Schinner on Capital and Exit Planning 5. Miyoko Schinner's Journey: Capital, Exit Strategies, and Building Community Impact 6. Impactful Capital Choices: Miyoko Schinner on Founding, Growth, and Exits 7. Capital, Exits, and Justice: Miyoko Schinner's Impactful Entrepreneurial Insights 8. Impact Entrepreneurs Take Note: Miyoko Schinner on Capital and Exit Paths 9. From Business Beginnings to Exits: Miyoko Schinner on Impactful Entrepreneurship Strategies 10. Capital Wisdom for Impact: Miyoko Schinner on Building Sustainable Businesses and Communities

💬 Keywords

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Miyoko Schinner, vegan, entrepreneurship, bootstrapping, alternative meats, social entrepreneurship, impact founders, justice, equity, food choices, sustainability, community, capital strategies, exit strategies, local impact, business models, vegan cooking, wealth distribution, regional uniqueness, venture capitalists, consolidation, entrepreneurship challenges, global food system, profitable business, successful exit, San Francisco loan, vegan products, financing, advertising dollars, business growth, dotcom bubble

💡 Speaker bios

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Miyoko Schinner is a dynamic and evolving entrepreneur, deeply committed to fostering justice and equity for all. Known for her innovative spirit, Miyoko has always been driven to explore how businesses can create thriving opportunities for everyone involved. As an entrepreneur at heart, she has only ever worked for her own companies, channeling her efforts into creating environments where both businesses and the community can succeed together. Her journey goes beyond the standard public bio; Miyoko is constantly reflecting on how we can improve as human beings and participate in the world in more meaningful ways. This dedication has manifested through various endeavors, including successful business ventures and nonprofit activities. She challenges traditional notions of success, advocating for a model where entrepreneurial triumph is not achieved at the expense of others, the planet, or animals, but rather, where success is shared broadly, creating win-win scenarios. Miyoko Schinner's story is one of continuous evolution. She doesn't claim to have all the answers or to be a legislative genius, but she remains perpetually engaged in asking the critical questions that drive progress and thoughtful entrepreneurship.

ℹ️ Introduction

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Welcome to another insightful episode of the Awarepreneurs podcast. In this episode, host Paul Zelizer delves into a thought-provoking conversation with impact founder Miyoko Schinner, the visionary behind Miyoko's Creamery. Together, they explore the complexities of capital and exit strategies for social entrepreneurs, shedding light on the challenges and opportunities in building businesses with purpose and impact. Miyoko's rich entrepreneurial journey, from starting a vegan bakery in Japan to navigating the competitive food industry in the United States, offers a unique perspective on blending profitability with social justice. Join us as we uncover Miyoko's inspiring insights on community building, sustainable business practices, and the importance of redefining success beyond traditional metrics. Get ready for a deep dive into the world of social entrepreneurship and the quest for creating equitable and impactful ventures with Miyoko Schinner on Awarepreneurs.

❇️ Key topics and bullets

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- **Miyoko Schinner's Entrepreneurial Journey** - Started a vegan wholesale bakery in Japan in the 1980s - "Bootstrapping" approach with minimal capital and initial deliveries by subway - Transitioned to creating alternative meats in the United States - Challenges faced due to changing business climate favoring national brands over regional ones - **Funding and Capital Strategies** - Initial investments from friends and family - Prioritizing personal networks over traditional capital strategies - Received a loan from the city of San Francisco in the 1990s - Challenges during the dotcom bubble in raising capital - **Importance of Community and Values in Business** - Key to defining business goals and values before seeking capital - Emphasis on understanding the purpose and long-term vision of the business - Reconnecting with physical communities and local impact - Focus on community-centered business models - **Business Exits and Impact** - Reflections on successful exits and profit distribution - Challenges faced by entrepreneurs in a competitive business landscape - Concerns about consolidations in the business system - Emphasis on creating value for communities over successful exits - **Global Food System and Social Impact** - Impact of food choices on the planet and sustainability - Responsibility of individuals in making food choices - Challenges and inequities in the current business system - Promoting justice and equity through business - **Miyoko Schinner's Current Projects** - Working on a book about plant-based cheese and milk - Leading trips focused on community building and vegan cooking classes - Project to start the world's first vegan village and restaurants - Advice for social entrepreneurs to design businesses supporting their lives and communities - **Challenges Faced in the Food Business** - Demand from distributors and retailers for advertising dollars - Need to raise additional capital as the business grew - Inability to raise money from investors leading to selling the company - Concerns about the pressure to go bigger in the business system

📚 Timestamped overview

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00:00 Evolving human focused on justice and equity.

06:20 Food choices crucial for climate change impact.

08:46 Started with pound cakes, then crusaded veganism.

11:43 Social entrepreneurship, bootstrapping, growth, scaling, product presence.

14:03 Model design limits diversity, impacts small brands.

19:43 Rebranded international district for entrepreneurs in need.

20:42 Scaling business requires significant resources and investment.

26:04 Ideal packages for entrepreneurial decision-making and strategies.

30:34 Few successful exits, most companies fail.

34:22 Innovative business with low turnover and values.

36:24 First, define your business goals and values.

38:25 Passion for New Mexico, values, and impact.

41:35 New Mexico market is different, and it's great.

45:12 Love community, offering help, wide experiences influence.

🎞️ Clipfinder: Quotes, Hooks, & Timestamps

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Miyoko Schinner 00:02:25 00:02:39

"Path to Meaningful Success": "The real me is I'm an evolving human being. I am somebody who is constantly thinking about how do we become better as human beings in this world, and how do we participate in a way that can create more justice and equity for all?"

Miyoko Schinner 00:09:05 00:09:16

Vegan Crusader: "For me, it became a crusade to convince people that you could eat delicious food that was vegan, that was healthy, that was that saved animals."

Miyoko Schinner 00:13:15 00:13:29

The Evolution of the Food Business: "You know, today you fight. If you don't get into a major distributor like UNFI, you can't land on shelves and you have to sell to an entire chain because it's sameness everywhere. It doesn't matter what Whole Foods you go to today."

Miyoko Schinner 00:22:13 00:22:20

"Redefining Success: 'We all think that this is the only game we can play, that this is the only system that's viable, and that we have to play accordingly.'"

Miyoko Schinner 00:23:22 00:24:28

The Hidden Truth About Modern Businesses: "It's designed for a few people to get very, very rich and for most people that lose their shirts. And that's where we're headed."

Miyoko Schinner 00:28:26 00:28:32

From Vegan Cheese to Success: "Once again, I was on my crusade to show people that vegan cheese could be every bit as good as animal dairy cheese."

Miyoko Schinner 00:30:22 00:30:34

The Reality of Founder Exits: "The ones that you read about, you know, where somebody exited making, you know, whatever, 1,000,000, tens of 1,000,000, 100 of 1,000,000 of dollars, those are rare."

Miyoko Schinner 00:30:40 00:30:49

The Reality of Founders' Exits: "Less than fewer than 20% of founders who have a so called successful exit ever make any money from that exit."

Miyoko Schinner 00:32:07 00:32:23

The Reality of Startup Success: "Maybe the question about how do I have a successful exit is the wrong question. The question maybe should be, how do I have a profitable business that can support me and my family and feed the needs of the community around me."

Miyoko Schinner 00:36:33 00:36:38

The Real Question for Aspiring Entrepreneurs: "Think about what kind of business do you want and why. What is it you're trying to do with your business?"

🎬 Reel script

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"In this thought-provoking episode of Awarepreneurs, we dive deep into the world of impact entrepreneurship with Miyoko Schinner. From starting a vegan bakery in Japan to founding Miyoko's Creamery, Miyoko shares insights on building a purpose-driven business. We explore capital strategies, exit decisions, and the importance of community, sustainability, and equity. Join us as we challenge traditional business norms, prioritize values over profits, and envision a more just and equitable future through social entrepreneurship. Listen in as Miyoko's wisdom shows us how to create impact, nurture communities, and build businesses with soul. Tune in now and be inspired to make a difference!"

👩‍💻 LinkedIn post

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🌟 Exciting News Alert! 🎙️ Just listened to a fascinating episode on the Awarepreneurs podcast featuring Miyoko Schinner, the founder of Miyoko's Creamery, discussing Capital and Exit Strategies for Impact Founders with host Paul Zelizer. 🌱 Miyoko's journey from starting a vegan wholesale bakery in Japan to building a successful vegan food empire in the U.S. is truly inspiring! She shared invaluable insights on business strategies and social entrepreneurship that every impact founder should hear. 👉 Key takeaways from the episode: - *Community over Capital*: Prioritize community connections and quality of life over chasing capital for long-term business success. - *Define Your Values*: Understand the "why" and "who" of your business before seeking capital. Align your goals with your values to create real impact. - *Focus on Sustainability*: Build a profitable business that benefits your community and the planet, rather than solely aiming for a successful exit strategy. Let's continue the conversation on how we can create businesses that prioritize people, the planet, and prosperity for all! Don't miss out on this enlightening episode - tune in to Awarepreneurs for more empowering insights. #ImpactFounders #SocialEntrepreneurship #BusinessStrategies #AwarepreneursPodcast 🌎💼

🗞️ Newsletter

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Subject: Exploring Capital and Exit Strategies with Miyoko Schinner on the Awarepreneurs Podcast Dear Awarepreneurs Community, In our latest episode of the Awarepreneurs podcast, host Paul Zelizer had an enlightening conversation with the incredible Miyoko Schinner, founder of Miyoko's Creamery and a true pioneer in the impact business space. The episode delved deep into the topics of capital, exit strategies, and the importance of creating justice and equity through business endeavors. Miyoko shared her remarkable journey of starting a vegan bakery in Japan with minimal capital and gradually growing her business over the years through dedication and hard work. Her insights into the changing landscape of the food industry, the challenges of raising capital, and the emphasis on community and values in business were both inspiring and thought-provoking. They explored the impact of food choices on the planet, sustainability, and equity, emphasizing the responsibility we all have in making conscious decisions. Miyoko also touched on her new projects, including a book on plant-based cheese-making and plans to create the world's first vegan village and restaurants focused on community building. The conversation highlighted the need for social entrepreneurs to redefine success, focusing on building profitable businesses that support their communities rather than solely chasing after successful exits. Miyoko's candid reflections on her own journey, including challenges with raising capital, the pressure to scale, and ultimately selling her company, offered valuable insights into the realities of the business world. We invite you to listen to the full episode for a deeper dive into Miyoko's wisdom and experience, and to join us in reflecting on how we can create positive impact and value through our own entrepreneurial endeavors. Share the episode with friends, explore Miyoko's work further, and stay tuned for more enriching discussions on the Awarepreneurs podcast. As always, feel free to reach out with your thoughts, suggestions for future episodes, or topics you'd like us to explore. Let's continue to build a community of conscious entrepreneurs striving to make a difference in the world. Warm regards, [Your Name] Awarepreneurs Podcast Team

🧵 Tweet thread

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🌱🌟 Dive into the captivating world of social entrepreneurship with this inspiring Twitter thread featuring the OG vegan activist and founder of Miyoko's Creamery, Miyoko Schinner, as she shares her journey and insights on building businesses for impact. 🧵✨ #SocialEntrepreneurship #ImpactFounders 1/ 🌿 Miyoko Schinner embarked on her entrepreneurial journey in the 1980s, setting up a vegan bakery in Japan with minimal capital and a big dream of promoting delicious vegan food. Her 'bootstrapping' approach exemplifies the power of determination and passion in starting a business. 💪🍰 #EntrepreneurialSpirit 2/ 🚀 Fast forward to today, Miyoko's Creamery is a testament to her commitment to sustainability, justice, and community. Her journey from a small bakery to a renowned vegan brand showcases the transformative impact of conscious entrepreneurship. 🌍💼 #SustainableBusiness 3/ 📚 In a thought-provoking conversation on @Awerepreneurs podcast, Miyoko discusses the essential role of community, values, and purpose in business. Her emphasis on redefining success beyond monetary gains resonates deeply in today's competitive business landscape. 🎙️💡 #BusinessValues 4/ 🌟 As a pioneer in the social entrepreneurship space, Miyoko sheds light on the pitfalls of chasing capital without a clear vision and advocates for businesses that prioritize community well-being. Her upcoming book and projects underscore her dedication to creating a positive impact. 📘🌿 #PositiveImpact 5/ 💬 Miyoko's insights on wealth distribution, regional uniqueness, and sustainable growth challenge the conventional narrative of business success. Her journey from starting a vegan bakery to leading a global brand serves as a beacon of hope for aspiring impact founders. 🌟🌎 #HopefulFuture 6/ 🤝 Let's celebrate the spirit of social entrepreneurship and the transformative power of conscious business practices with Miyoko Schinner's extraordinary story. Share the thread, spark conversations, and join the movement towards creating a more just and equitable world through business. 🌱💼 #JustBusiness Get inspired by Miyoko's journey, amplify the message of sustainability and community impact, and join the conversation on reimagining business success for a better tomorrow. Together, we can build a brighter future grounded in purpose and positivity! 🌟🌍 #VeganActivist #BusinessForGood

❓ Questions

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1. How did Miyoko Schinner's early experiences with starting a vegan wholesale bakery in Japan shape her approach to business and entrepreneurship? 2. What factors contributed to the success of Miyoko's Creamery, and how did her focus on community and values play a role in its growth? 3. How did Miyoko Schinner navigate the challenges of raising capital for her business, both through personal networks and more traditional investment routes? 4. What lessons can social entrepreneurs learn from Miyoko's emphasis on defining business goals and values before seeking capital? 5. In what ways does Miyoko Schinner's journey with Miyoko's Creamery highlight the importance of building a profitable business for the community over chasing a successful exit? 6. How have changing business dynamics, like consolidation and the pressure for businesses to scale, impacted impact founders like Miyoko Schinner? 7. What role does community building play in Miyoko's work, and how does it tie into her efforts to create a world's first vegan village and restaurants? 8. How can entrepreneurs strike a balance between profitability and impact, particularly in industries like food where competition is fierce? 9. What are the implications of the pattern highlighted by Miyoko Schinner, where venture capitalists assist entrepreneurs in growing their businesses only to remove them later on? 10. In what ways can the podcast's audience apply the insights shared by Miyoko Schinner and Paul Zelizer to their own entrepreneurial endeavors, especially in creating businesses that prioritize community and sustainability over chasing capital?

🪡 Threads by Instagram

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1. Dive into the world of impact entrepreneurship with Miyoko Schinner on Awarepreneurs. Explore how she's making waves in the food industry with her commitment to sustainability and community values. 🌱 2. Miyoko Schinner's journey from a vegan wholesale bakery in Japan to founder of Miyoko's Creamery is a testament to resilience and passion. Listen in on Awarepreneurs to uncover her secrets to success. 🌟 3. Discover the power of building a business that prioritizes community impact over chasing capital. Miyoko Schinner's insights on Awarepreneurs showcase the transformative potential of socially conscious entrepreneurship. 🌿 4. Miyoko Schinner's exit from her company sheds light on the challenges faced by impact founders in a profit-driven world. Tune in to Awarepreneurs to learn about her journey and the importance of redefining success. 💡 5. Join Miyoko Schinner and Paul Zelizer on Awarepreneurs as they discuss the intersection of business, sustainability, and social justice. Get inspired to create positive change through entrepreneurship that values people and the planet. 🌎

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