{"id":23114,"date":"2014-12-28T21:18:51","date_gmt":"2014-12-28T20:18:51","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=23114"},"modified":"2014-12-29T13:57:06","modified_gmt":"2014-12-29T12:57:06","slug":"23114","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/23114\/","title":{"rendered":"Entrepreneurs: Sell 1, Give 1 Away?"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div id=\"box\">\n<div id=\"content\">\n<div id=\"article-wrapper\" class=\"trackable-component\">\n<div id=\"article-body-blocks\">\n<div class=\"flexible-content\">\n<div id=\"mainblock\" class=\"block\">\n<div class=\"block-elements\">\n<figure class=\"element element-image element--showcase\"><img loading=\"lazy\" decoding=\"async\" class=\"gu-image\" src=\"http:\/\/static.guim.co.uk\/sys-images\/Guardian\/Pix\/pictures\/2014\/11\/7\/1415384837075\/3aa14d3a-ad05-44d9-baba-8ac6b8e87204-460x276.jpeg\" alt=\"US Money Toms \" width=\"460\" height=\"276\" \/><\/figure>\n<figure class=\"element element-image element--showcase\"><figcaption><\/figcaption>Blake Mycoskie founded Tom&#8217;s in 2006.\u00a0 It was the first one for one company.\u00a0<\/figure>\n<\/div>\n<\/div>\n<div class=\"flexible-content-body\">\n<p>Five years after he lost his shot at winning $1m in the first season of <em>The Amazing Race, <\/em>Mycoskie returned to Argentina to explore the country &#8211; and Malbec. Few days into his trip, he found himself joining in on a shoe drive, collecting shoes in a better-off areas and then driving them to places outside the city to be distributed to the poor.\u00a0 \u201cWhen we started pulling out the shoes, you\u2019d have thought it was Christmas day. These kids were so excited to get these shoes and they weren\u2019t even new. They weren\u2019t even in the package.\u201d<\/p>\n<p>Mycoskie was excited, too. Until he realized that come next year, the 250 children they had outfitted with shoes would need a new pair again. Taking few extra weeks in Argentina, he came up with a plan: he had a local shoe maker make about 250 pairs of shoes, he would sell them back in California and then use the money to get another 250 pairs to give the kids.<\/p>\n<p>Simple, right?<\/p>\n<p>That\u2019s until the Toms shoes, as he called them, actually took off. After being rejected by a couple of places, a store agreed to sell about 80 pairs of Toms shoes. Mycoskie had sold another 30 to friends and relatives, through a website he had created, with one or two orders coming in each week. The day after an article appeared in the LA Times, Toms received orders for 2,200 pairs of shoes by 2 o\u2019clock that afternoon.<\/p>\n<p>\u201cBut I only had 140 pairs in my apartment. This was the first of my many supply chain problems to come,\u201d says Mycoskie. \u201cI did what I think a lot of entrepreneurs do in a time of dire need &#8211; I started posting as many ads for interns on craigslist as possible. And that strategy worked.\u201d<\/p>\n<p>Within a week, he had three interns contacting all the people who placed their and whose cards were already charged, to let them know that they were working on filling their orders. At the same time, Mycoskie was on a plane to Argentina to figure out how to make more shoes.<\/p>\n<p>The new supply chain, consisting of six to seven guys making about 800 to 900 shoes a week, worked&#8211; that is, until Anna Wintour\u2019s office called.\u00a0 Vogue Magazine [made] it look like I know exactly what I am doing,\u201d Mycoskie says of the article. \u201cThis does not look like a guy who is selling shoes out of his apartment with interns and they are making them in garages all throughout Buenos Aires and because it was Vogue magazine &#8211; all of a sudden everyone through we were a real company.\u201d<\/p>\n<p>That year Toms ended up selling 10,000 shoes out of Mycoskie\u2019s apartment. Since then Toms\u2019 \u2018One for One\u2019 has grown beyond shoes to eyewear and coffee.<\/p>\n<p>Says Mycoskie in interview:\u00a0 II am a very curious person and I need to be stimulate, to stay engaged. If I was just doing shoes all the time and working on just giving shoes, I think I\u2019d get bored. Part of the reason we do these other products is, one, so we can help people in more ways and that\u2019s very gratifying.<\/p>\n<p>I think companies are starting to realize that there is real opportunity to address needs and build sustainable, profitable businesses at the same time.<\/p>\n<figure class=\"element element-embed\"><\/figure>\n<p><strong>Did you anticipate that consumers would be so enthusiastic about your social mission? <\/strong><\/p>\n<p>No, of course not. We figured out early on that people were interested in what we were doing but never did we anticipate the demand that we\u2019ve had.<\/p>\n<p><strong>What are some of the more interesting things you are hearing from your customers? Do they want to do more? <\/strong><\/p>\n<p>The most interesting thing is that customers really want to be connected, not just at a time of the purchase, but through the life cycle of the purchase.<\/p>\n<p><strong>Is there anything you would have done differently? <\/strong><\/p>\n<p>I wish that I had more experience on the retail side.<\/p>\n<figure class=\"element element-embed\"><\/figure>\n<p><strong>Hiring:<br \/>\n<\/strong><\/p>\n<p>As the company grows there is this pressure to hire all these people that have the right things on their resume and have done the job before and all that stuff. But the truth is there is not so much about doing the job before, it\u2019s about being the right mentality and attitude so that you can learn the job and you can do it with the right spirit.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Blake Mycoskie founded Tom&#8217;s in 2006.\u00a0 It was the first one for one company.\u00a0 Five years after he lost his shot at winning $1m in the first season of The Amazing Race, Mycoskie returned to Argentina to explore the &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/23114\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[23,13],"tags":[],"class_list":["post-23114","post","type-post","status-publish","format-standard","hentry","category-entrepreneurs","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"That\u2019s until the Toms shoes, as he called them, actually took off. 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After being rejected by a couple of places, a store agreed to sell about 80 pairs of Toms shoes. Mycoskie had sold another 30 to friends and relatives, through a website he had created, with one or two orders coming in each week. The day after an article appeared in the LA Times, Toms received orders for 2,200 pairs of shoes by 2 o\u2019clock that afternoon.","og:url":"https:\/\/www.w-t-w.org\/en\/23114\/","article:published_time":"2014-12-28T20:18:51+00:00","article:modified_time":"2014-12-29T12:57:06+00:00","twitter:card":"summary_large_image","twitter:title":"Entrepreneurs: Sell 1, Give 1 Away? - W-T-W.org","twitter:description":"That\u2019s until the Toms shoes, as he called them, actually took off. After being rejected by a couple of places, a store agreed to sell about 80 pairs of Toms shoes. Mycoskie had sold another 30 to friends and relatives, through a website he had created, with one or two orders coming in each week. 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The day after an article appeared in the LA Times, Toms received orders for 2,200 pairs of shoes by 2 o\u2019clock that afternoon.","keywords":[{"label":"Toms Shoes","value":"Toms Shoes"},{"label":"Mycoskie","value":"Mycoskie"},{"label":"Anna Wintour","value":"Anna Wintour"},{"label":"doing well by doing good","value":"doing well by doing good"}],"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2024-10-06 06:42:46","updated":"2025-07-13 23:55:31","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.w-t-w.org\/en\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.w-t-w.org\/en\/home\/news-blog\/\" title=\"News Blog\">News Blog<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.w-t-w.org\/en\/home\/news-blog\/finance\/\" title=\"Finance\">Finance<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tEntrepreneurs: Sell 1, Give 1 Away?\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.w-t-w.org\/en"},{"label":"News Blog","link":"https:\/\/www.w-t-w.org\/en\/home\/news-blog\/"},{"label":"Finance","link":"https:\/\/www.w-t-w.org\/en\/home\/news-blog\/finance\/"},{"label":"Entrepreneurs: Sell 1, Give 1 Away?","link":"https:\/\/www.w-t-w.org\/en\/23114\/"}],"_links":{"self":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/23114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/comments?post=23114"}],"version-history":[{"count":6,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/23114\/revisions"}],"predecessor-version":[{"id":23135,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/23114\/revisions\/23135"}],"wp:attachment":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/media?parent=23114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/categories?post=23114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/tags?post=23114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}