by Mike Goodrich | Apr 30, 2021 | 2021, Business Lessons, Entrepreneurialism, Football, Mission-Driven Businesses, Small and Medium-Sized Businesses, Social Capital and Social Entrepreneurialism
Last week, a group of 12 European soccer teams tried to form an exclusive league unto themselves only to see it crumble. The plan became the business mistake du jour and had even the most casual soccer fan engaged and enraged. Since I follow it only loosely, I didn’t...
by Mike Goodrich | Nov 27, 2020 | 2020, Books and Resources, Entrepreneurialism, Financing, Small and Medium-Sized Businesses, Social Capital and Social Entrepreneurialism, Social Capital Series, Start-Ups
For some of you close to me, SOCAP is a way-too-familiar refrain. SOCAP Global is an annual conference devoted to social capital or impact investing held in San Francisco. I love it and I talk about it often. When I first attended SOCAP in 2018, it was an eye-opening...
by Mike Goodrich | Aug 27, 2020 | 2020, COVID-19, Entrepreneurialism, Financing, Small and Medium-Sized Businesses, Social Capital and Social Entrepreneurialism, Start-Ups
In his essay released on April 18, 2020, in the midst of the COVID-19 Crisis, Marc Andreessen — famed venture capitalist and founder of Netscape — implored businesses, business people, and society to build great new things – in healthcare, in education, in...
by Mike Goodrich | Dec 17, 2019 | 2019, Social Capital and Social Entrepreneurialism, Social Capital Series
You know who’s not good at fighting fires? Arsonists. – Anand Giridharadas In the late nineteenth century, New York City had a huge pollution problem: horses. Specifically, horse poop, which littered the streets. The...
by Mike Goodrich | Dec 3, 2019 | 2019, Social Capital and Social Entrepreneurialism, Social Capital Series
In order to properly frame this question, we first need a working understanding of a few shared terms. First: what is a market rate of return? Here’s a definition from My Accounting Course (emphasis added by me): Definition: Market rate, or the going rate, is the rate...
by Mike Goodrich | Nov 12, 2019 | 2019, Entrepreneurialism, Social Capital and Social Entrepreneurialism, Social Capital Series
Social capital is an area ripe for controversy. Not that social capital, in and of itself, is bad or wrong — few would say that doing well by doing good is a bad thing. Most people involved in social capital want to find ways to both succeed financially and...
