Posts Tagged ‘Social business’

ElegantRoots Teams with Turquoise Mtn: A Social Biz and a Not-For-Profit

Thursday, November 4th, 2010

On a 2004 state visit to Britain, Afghan President Hamid Karsai discussed with Prince Charles the imminent loss of Afghanistan’s traditional crafts and how revival of those arts would help renew a sense of national identity. Prince Charles, an aficionado of traditional arts, committed to help. He raised seed money for a charitable foundation and enlisted his friend (and former tutor to his sons), Rory Stewart, to lead the effort.places in between cover 150

As Executive Director, Stewart, (author of The Places In Between and now a Member of Parliament), shaped a 3-pronged mandate for the non-profit TM: regenerating Murad Khane, Kabul’s ancient art center; establishing artisan collectives to renew traditional Afghan arts and architecture, and spur sustainable development; and to establish schools.

In 2007, Rob Favole and his team began turning a concept, an idea, into a social business, ElegantRoots.com designed specifically to serve people, planet, profits.

In October 2008 — exactly the time that The Great Depression became a topic for current events, ElegantRoots was launched as an online boutique offering design-forward jewelry and accessories For Her, For Him and furnishings For Home – and all of it is green, either eco-conscious, socially responsible, or both.

One Elegant notion is that traditional arts and artisan techniques when applied to updated designs can support traditional lifestyles around the globe, bringing some benefits of globalization to those who had previously been on the margins, or worse, had been victims of globalization’s press for cheap labor. Meilebag_iFan 500x646

The ElegantRoots.com team sees its place as helping to provide access to the wide US markets for artisans from outside as well as within the US. And to provide them some measure of recognition through a commitment to transparency. Thus, for each product, the Roots, or story, is presented through “our 4 Ws” (who made it, where, from what, and, why, beyond its beauty and function, it is a worthy purchase) and our designer profiles. This transparency also serves ElegantRoots.com customers, enabling an informed selection that allows them to align their purchases with their values. Everyone wins — from artisan, to customer, to recipient of an ElegantRoots.com gift — upon delivery of an item of greater meaning than even its beauty or soulful qualities.

Meanwhile … to achieve the revival of Afghan arts and the creation of a thriving art and design community, Rory Stewart brought in to Turquoise Mountain many talented volunteers – architects, urban planners, engineers, and artists. Pippa 100x133Among them was Pippa Small, renowned designer and anthropologist, whose design brilliance resulted in “Pippa Small for Turquoise Mountain”, a line designed around Afghanistan’s native raw gems. All TM’s products are hand-crafted in TM’s Kabul studios by master artisans using materials indigenous to Afghanistan.

Turquoise Mountain has restored many of Murad Khane’s historic buildings, employing many talented wood carvers and bringing life back to the arts center; has created the Institute for Traditional Afghan Arts to pass along the skills, create employment and preserve these arts; has created primary schools for children many of whom had never been to school before; and has created a girls’ school.Solitaire Rings 200x235

There could be no better match than that of Turquoise Mountain and ElegantRoots.com. TM’s vision is to revive and restore Afghanistan’s traditional arts and thereby revive Kabul’s art center. ElegRoo’s is to open the US market to artisan products made by applying traditional techniques to new designs to help preserve traditional lifestyles.

Ruby Double Drop on white iFan 500x702This year, Turquoise Mountain and ElegRoo have teamed up to bring the compelling jewelry designs of Pippa Small for Turquoise Mountain to the wide American market.

Wearing this hot designer jewelry with cool raw emeralds, rubies, amethysts or lapis promotes fair trade. Join Prince Charles, Pippa Small, Rory Stewart and the international community in remaking Afghanistan. And support our troops’ efforts to bring stability and security through economic development and opportunity.

TM has moved mountains in pursuit of these ends. Now you can help and wear the hottest pieces. Visit ElegantRoots.com and open the American market to Turquoise Mountain’s jewelry and silk.

Social Biz Meets Social Media

Friday, July 30th, 2010

This is a BIG DAY for Elegant Roots. Maybe even a profound day.

Milyoni, Inc., (said like “million eye”), the leader in Social Commerce, announces a new social merchandising tool within its popular Conversational Commerce™ solution. Its new Instant Showcase allows users to conveniently purchase select products right on the Facebook wall.

Elegant Roots is about connections. Connections between an artisan and a customer. Connections between cultures. Connections between a customer’s green values and a customer’s purchases.

And Facebook is maybe the biggest way to connect, person-to-person, that has come along since the telephone. Facebook enables communities. Though they exist only on line, they are communities with interactions no less personal than the telephone. And remember the Six Degrees of Separation?

Well, a study by Microsoft based on 30 billion instant messages among 180 million people worldwide in one month concluded that “it takes just under seven steps to link every one in the world…on average, any two people are linked by fewer than seven acquaintances” (actually 6.6). Redorbit.com.

Facebook is a vehicle for unlimited connections and community creation.

Why is this so big for ElegantRoots.com? Because that’s where we connect.

Elegant Roots exists only online — in a dotcom store and in a facebook iFan shop. And ElegRoo exists only because of the “long tail” of the internet — that enough people browse to make it practical to offer products that only a slim percentage of people might want.

A little background is in order.

Elegant Roots, as an online boutique, exists to:

  • Bring hot, design-forward items that use artisan, traditional techniques on designs that appeal to the American market;
  • SurGen-2 TN

  • Promote eco-consciousness and social justice by carrying only “green” products (eco-friendly and fair trade/fair labor);
  • Promote traditional arts and preserve traditional lifestyles by creating a market for jewelry, accessories and home decor;
  • Foster connections — making Personal through Story a direct connection between artisan and consumer, throughout the world, eliminating “middlemen” whenever possible; and
  • Promote transparency, so consumers will increasingly ask Who made this, Where it was made; of What it is made and under what conditions; and Why, beyond its beauty and function it aligns with the consumer’s values.
  • Converge-1 Relapse 155x138 copy cleaned

    ElegRoo currently has somewhere over 4000 Facebook fans (or “likes”) from all around the world, (though we can presently ship only within the US). That’s 4000 people who connect with us nearly every day. And the growth is astonishing.

    Now, through Milyoni’s Instant Showcase, we can highlight to our facebook community a few of our wonderful, meaningful, artisan-made products. Our fans need not leave the Wall to buy. Connection remains intact.

    First up on ElegRoo’s Showcase are a few pieces of jewelry from [wired] designer Melissa Kolbusz – Hot earrings from repurposed Effen Vodka labels, Cool cuffs of repurposed rubber washers, and Design-Forward earrings of repurposed neoprene. Neodrop1 iFan 500x662

    Check out our Facebook community. “Like” us. You’re invited. Bring a friend.

    Yunus, Social Business, and Elegant Roots

    Monday, June 7th, 2010

    Creating A World 150x200 I just finished reading Creating A World Without Poverty by Muhammad Yunus, the gentleman who created micro-credit and won a Nobel Peace prize for his micro-credit work in Bangladesh. The book is the most inspiring business book I have ever read. Part One, especially, created a one-person think-tank brainstorm in this head.

    Dr. Yunus is a visionary AND he’s a hands-on practitioner committed to transforming his homeland through outside-the-box thinking, flexibility and effective implementation. Brings to mind a modification of the old Sinatra refrain from New York, New York: “If he can do it there, we can do it everywhere.”

    Do what? you might ask. Use business to tackle social problems. Micro-credit is an inspired notion and an effective reality. ElegRoo supports micro-credit through the totally great KIVA.org.

    But we at ElegRoo are taking a lead from Dr. Yunus beyond micro-credit. In Creating A World Without Poverty, Dr. Yunus proposes the idea of “social businesses”, that is, businesses organized as for-profit enterprises, but whose sole goals are to achieve some social benefit. All profits are plowed back into the company. Investors receive no dividends, no profits whatever. They can expect to receive back their initial investment and will still own the company and direct its efforts.

    A “social business” must compete head-to-head with ordinary for-profits by dint of the value of its products and/or services.

    LuAnne Speeter reports that “[65%] of consumers believe businesses are responsible for having a greater social purpose beyond profit … that businesses have a shared responsibility to address and solve today’s social and environmental issues through a blending of social initiatives and business operations.”

    But other attempts at formalizing business commitments to social issues, like B Corporations, are hybrids that attempt to serve two masters — social benefit and investor profit. Dr. Yunus predicts that, at some point, each of these hybrids will face a choice, and that investor profits will prevail. No such Hobson’s Choice can afflict a “social business” — investor profit motive is simply not present to diverge from the social benefit motive.

    100% of the ownership of Elegant Roots agrees with these notions and believes also that the vision and mission for Elegant Roots [to promote social justice and eco-consciousness by providing a market for goods that further these goals] fits squarely within the notion of “social business” propounded by the good Dr. Yunus.

    100% percent of the ownership has directed that ElegRoo management begin the process of formally converting Elegant Roots into a “social business.” Watch this blog for the ANNOUNCEMENT when the conversion is complete.