Profit vs. Purpose: What Makes Social Impact Businesses Different?
Episode description
🌿 Can businesses change the world for the better?
🎙️In this episode of Inside Story of Building Businesses, host Dursun Halimova speaks with Virginie Ducommun, founder of Indoor Forest, about the journey of creating impactful and sustainable businesses. Virginie shares her insights on how smart technologies can transform buildings, the importance of sustainability, and the unique challenges of running a social impact company.
Key Takeaways:
✓ The importance of a solid business model for impact companies.
✓ Steps to start a social impact business.
✓ How social enterprises can collaborate with traditional businesses.
✓ The growing but still-small landscape of impact entrepreneurship in Luxembourg.
‼️ Don’t miss Virginie’s advice on how to combine purpose and profit to create a better future. 🌍
📌 Watch now and subscribe for more inspiring stories!
Chapters:
00:00 Introduction: Meet Virginie Ducommun and Indoor Forest
04:06 Case Study: Transforming a School for Energy Efficiency
07:48 Social Impact vs. Regular Companies: Key Differences
09:45 Pros and Cons of Running a Social Impact Business
14:14 Exploring the Social Impact Landscape in Luxembourg
17:04 Why Business Models Are Vital for Social Impact Companies
21:33 How to Start a Social Impact Business: A Step-by-Step Guide
24:57 Social Impact or Traditional Business? Making the Choice
26:39 The Future Vision for Social Impact Entrepreneurship
30:51 Virginie's Favorite Song: A Soundtrack for Tough Times
#SocialImpact #SustainableBusiness #Entrepreneurship #InsideStoryPodcast #socialimpactbusiness #luxembourg