Building Great Teams

Building Great Teams


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Building Great Teams


You “cannot fing throw the ball and catch the ball at the same time. 
 – Giselle Bundchen 

As the dust settles on the recent Tampa Bay Super Bowl win, and each side licks their wounds or celebrates in a parade, I am reminded of a poignant comment the current Super Bowl MVP’s partner, Giselle Bundchen, made after his 2012 Super Bowl defeat…”My husband cannot fing throw the ball and catch the ball at the same time.” 

Giselle basically summed up, not only the same problem Patrick Mahomes faced nine years later, who at one point threw a perfectly placed ball while in midair completely parallel to the ground, only to have it dropped in the end zone by his receiver. She also described EVERY entrepreneur trying to build the right team to launch the success of their startup, while on a shoestring budget. 

Great teams win games (this is my last sports metaphor, I promise) – and great teams also win in business. How do you do it and manage the budget while facing an already struggling economy during a pandemic? The answer is fractional support! 

Can you afford a full-time CFO with six-figure salary per year? This is not the question you should be asking yourself. Instead, what financial support do you need to reach your goals and can it be parsed out for fractional work through a project? 

Many of the companies that look to raise funds usually allocate a large percent for personnel hiring, which might not be needed all the time, depending on the stage of the company. They struggle to find the right talent within the constraints they are faced. Consider the ability for entrepreneurs to have access tohighlevel professional support on a project basis to help them move forward with their goals. The advantage of avoiding the high cost of experienced professionals on a fulltime basis is a lot like hiring the star receiver just for the big throw (ok, that was the last one). 

Hanan Levin is a Senior Investment Advisor at CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.


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Using PR to Win the Battle For Your Target’s Mind


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Using PR to Win the Battle For Your Target’s Mind


“Once it (positioning) is accomplished and the company establishes share of mind, it will be translated into share of market.  Therefore, positioning is really sales and return on investment.”

--Andy Marken, marketing and communications consultant

I’ve long believed — and continue to believe — that psychological (aka brand) positioning – the position you own in your target’s mind relative to competitors – is the critical success factor for marketing success.

This is especially true for new and early-stage companies.

Positioning is one of the 6 P’s of Marketing.  Historically, there were 4 P’s of marketing (product, price, place and promotion).  Most marketers believe there are six today.  The fifth P is positioning and the sixth P is public relations.

The fact is, you can’t build a company/brand if you can’t win the battle for the mind.  A company or product has to build a distinct and differentiated brand vs. competitors in the target’s mind.  You have to stand out as unique in some way.  If you’re not standing out relative to customers in the customer’s mind you’re not positioning – at least effectively.  Ideally, your company or product will own a word, phrase or concept in the target’s mind.  That’s what positioning — when done effectively — does.  

Of course, you must translate your word or words into action to fully support the position you’re after.  EVERYTHING a company does must reinforce the position it wants to own or create.  As an example, if your desired position is “The city’s friendliest bank,” then you must not only have friendly tellers and loan officers, but friendly ads and be a friendly corporate citizen in the community, etc.

You can never FAKE a position.  If a brand promise isn’t true, you not only won’t earn a position in the consumer’s mind, you’ll alienate him/her, developing negative brand equity.  For example, if you claim to have the “best service in town!”  You better walk the talk!

Traditionally, advertising has been the communications tool of choice for establishing a position in a prospect’s or customer’s mind.

But there are two significant problems with advertising when it comes to positioning for start-ups and young growth companies:

  • Advertising is very expensive.

  • Advertising lacks credibility in most consumers’ minds. You can control the message but the fact advertising lacks credibility lessens that advantage.

So, what is a company in its embryonic-stage of growth to do?  Use PR.  Public relations is a powerful positioning tool.  It’s actually preferable to advertising except in the rare instance.  Why?  PR has two important advantages over advertising when it comes to positioning strategy development and execution:

  • PR is significantly less expensive than advertising.

  • PR provides third-party credibility that advertising can’t.

To get a new company or brand started from scratch, the validity that third-party stories or endorsements can bring are critical in establishing psychological positioning relative to competitors.  That’s why a well-planned and well-executed PR campaign should be a high priority for new and early-stage companies.

And it all starts with a strong positioning strategy.

Ken Reed is a Senior Communications Advisor at CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.


Thundersnow

2020: Cloudy with a Chance of Thundersnow… and a Twinkle of Hope


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2020: Cloudy with a Chance of Thundersnow… and a Twinkle of Hope


Until you’ve experienced it, you might not believe that thundersnow exists. When you put these two words together, they sound like a make-believe fairy tale nightmare or a phony phrase created for children’s books.

News flash: Thundersnow is real. And it’s perhaps a cruel metaphor for 2020.

Is it thundersnow, or is it COVID?

During a thundersnow storm, snowfall intensity severely limits visibility, winds atof or above tropical storm force are frequent, frostbite is nearly instant if you’re exposed to the elements, and the positive polarity is associated with greater destructive potential than lightning. So… not only is it something you’d never expect to happen, but you have to stay inside to stay safe. It’s kinda like living through COVID.

If there’s one takeaway from a year that seemed so promising when the ball dropped in Times Square on December 31st, ringing in a decade that we only dreamed about in sci-fi novels — it’s that we are resilient. We harnessed the concept of change agility, learned to be nimble in our (personal and business) goals and actions, and remembered to acknowledge gratitude and hope in a more authentic way than ever before.

Our wish for you

If you’ve experienced personal loss, job loss, illness, or hardship of any kind this year, we’re holding you in our hearts. We wish nothing but strength, healing, and abundance for you in the New Year.

What’s 2021 look like?

Right now, we’re faced with a future that seems to be filled with more questions than answers. We ask ourselves questions like, “Can business really be a force for good?” and “Is it possible to focus on mission-based work and still make a profit?” Challenging the status quo is healthy — after all, our children’s future depends on the decisions we make right now.

Climate change? It’s real. Social inequality? The gap is widening between the rich and the poor. A massive shift in the way companies do business? It’s happening. Goodbye offices, hello Zoom, and welcome to a new trend of outsourcing and utilizing contract work — companies are bringing in experts on a project basis rather than hiring a more robust full-time staff. This strategic move saves businesses money on benefits, training, and supplies. Additionally, it allows for a more flexible work schedule and focuses on areas that a smaller company may need to utilize on an intermittent — or temporary — basis. With the rise of a “gig economy,” or a free market system of employment, this strategy is also appealing and beneficial for contractors based on short-term and temporary contract work.

There are a lot of things that have gone right this year; let’s not forget that. And as we straddle the line of empathy and ambition, we’re here to be the light at the end of the tunnel of 2020. All of the trends we see as this year comes to an end drive our strategic goals for 2021.

We believe in the twinkle of hope that the New Year brings. Onward!

Lindsay Hope is a copywriter and marketing strategist with CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.


Gift-Giving-with-Purpose

Giving Gifts with Purpose


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Giving Gifts with Purpose


Happy Holidays!

December is a special month, and we have so many holidays to celebrate in December. We have Hannukah, Christmas, and Kwanzaa. All these festivals believe in peace, joy, and unity all over the world. With all the craziness going on in the world currently, these holidays are awaited so eagerly.

With holidays comes the gift-giving. We need to be mindful of giving gifts to our loved ones. Sometimes, the gifts we give are returned or not liked. A unique and different way of gifting is financial gift-giving, which includes contributing to college costs, giving charities, cash, stock and impact investing.

Gift as Stock
Many parents and grandparents like the idea of ushering their children or grandchildren down the path of financial literacy and financial responsibility. Giving kids a financial gift starts the conversation of how much to spend on something for myself, how much to save toward a major goal, and how much to share with others in need. You can give by purchasing stocks, bonds, mutual funds, or ETFs as a holiday gift to children. It helps if the stocks are in companies, such as Apple, Disney, or Facebook, that they know, understand, and get excited about. Stockpile is one such company which allows you to buy gift cards that recipients can redeem for fractional shares of stock in over 1,000 companies and ETFs.

College Savings
If you have younger children on your list this year, but you still want to give the gift of education, look into opening a 529 plan or contributing to an existing account. These are tax-advantaged accounts specifically designed to help families save for education costs.

Student loan debt
While saving for college can make a great gift, paying off student loan debt is also a worthwhile approach to holiday giving. There is company called Gift of College which has its gift cards available to make the payments for the student loans.

Job skills
Help your friends and family sharpen their skills or expand their knowledge base this holiday season. You never know; it could lead to a promotion or a better paying job in the new year. Online learning websites like Udemy, Coursera, and LinkedIn Learning provide gift certificates to offer someone to take courses.

Charity as a gift
The season of giving is upon us, and this year especially, the need is great. Consider giving a donation or making a charity as a gift this year — it’s a great way to give back to others. It also demonstrates how well we know our loved ones by supporting the causes they care about. In addition to charitable giving being a rewarding experience, it comes with tax benefits.

Impact Investing
If you’re currently assessing your budget and have extra dollars you’d like to spend this year investing in your family’s future…Or if you’re looking for a fresh, new idea for how to spend your EOY budget allocation for investments…
Right now *might* just be the perfect opportunity for you to invest in CoPeace before the end of the year. Investing now is an opportunity to use your dollars for good — by supporting causes you care about and earning financial returns.

I believe, there are so many ways to make gift-giving in a real sense meaningful and purposeful.

Aarti Karnik is the Director of Web Development with CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.


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Tears for Tears


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Tears for Tears


The tears in our cultural fabric are deep. We are torn and divided. We have little common ground. Do we give up? Eat more cheese? Stay on the couch? Invest in Chevron?

The challenges in front of us are real and consequential. The U.S. election season highlighted the current schism in our world and exposed the inequalities in front of us all:

  • There are no easy solutions for the CoVID-19 pandemic. People are sick and people are dying. My 26-year-old son spent a night in the ER and my sister-in-law’s father died last week. The virus is scary and real.
  • The struggle for racial justice has been deeply exposed through our current divisions.
  • The climate crisis does not give us much time to get our act together.

These bullets are overwhelming. The key is to work to find possible solutions and create a plan of action, and then act. We can solve problems by attacking them head on, incrementally.

The ancient Chinese philosopher Lao Tzu taught that there is your way, my way, and the way of truth. We need to separate people from the problem and focus on the common ground that is the truth:

  • I know it is obvious, but science and data must lead the solutions for the pandemic. My wife is a nurse and she is encountering CoVID-19 patients. Because she and the nurse-doctor team take it seriously, wear their PPE, wash their hands, and keep physically as distant as possible (not that easy when giving shots, etc.), nobody on her team has contracted the virus. Business and school can be conducted if it is done very carefully. Follow the data to open safely.
  • We all need to recognize the racist past of our world and be honest about how it has created systems of inequality. We share this past. Actively creating new systems, and businesses, that change the access and opportunities for disadvantaged communities provides multiple pathways to change. Diversity does make us stronger. Fixing would help (here is one proposal driven by data). Support companies like FreeCap.
  • The climate crisis is real. While the clock is ticking, there are solutions that are creating change and opportunity. It ends up being a good business decision to care about the long-term future of our world (I know I say that often). Watch David Attenborough: A Life On Our Planet. Support companies like Uncharted Power.

It is a difficult time to write a blog – to recognize the real challenges, while simultaneously seeking common ground – and authentically demonstrating optimism for a brighter future.

But we do share so much as one human race. We can be together. We do have the agency to affect positive change. Our common bond is a better collective future. Drink more water. Move with purpose. Invest in impact. Invest in Change Finance.

Allow tears of joy to flow and to start healing the deep tears. Seek solutions to the problems and find common ground to move forward. I am.

Craig Jonas is the CEO and founder of CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.


Make a Difference Day


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Make a Difference Day


Saturday, Oct. 24, marks the 28th National Make a Difference Day, the largest national day of community service.

Here at CoPeace, it may truly be the reason we exist today. It’s when we individually reached a point in our careers, and focused on a greater cause, and committed to make an impact, that our impact-driven company, CoPeace, was born.

As we sit with our brothers and sisters from around the world in a pandemic these past seven months, we see homelessness, divisiveness, hunger and climate crisis all around us. It’s been the most dire of times for so many of us, I’m not sure if there has ever been a more needed time for community than now.

Making a difference can take many different forms. One can make a difference by checking in on the elderly, or collecting cans for a food pantry, or picking up litter. There are many volunteer opportunities and acts to help mitigate the planet’s bigger issues such as plastic waste, greenhouse gas emissions, and water scarcity.

The local chapters of United Way have done an incredible job within their local communities, mobilizing to different causes.

Even the smallest of efforts can change a community and subsequently the world.

The Aspen Strategy Group is leading an effort to establish a National Service. A non-political program to bring “community” back, front and center, providing jobs and assistance where it’s most needed. A program that could help working parents teach STEM to under-privileged communities and close the opportunity gap.

When I think of the power and intention of this day, I can’t help but think of my recently departed friend Brent Johnson. B.J. was a scout for the Houston Rockets and a pillar in the basketball industry.

B.J. had an infectious smile and made time for everyone around him. He was the ultimate giving person.

His impact was felt by all he touched. To aspiring basketball players, he encouraged them; to community members, he welcomed them and shared; to industry colleagues, he treated them with respect.

He made sure you knew that you were valued by him. His character was exemplary. All of his days on Earth were like how I lived my best day as a person.

You may know what I am talking about. That one day, when I was my absolute best as a human being, when I was able to put everything aside, and do something absolutely selfless. Something that afterwards I would literally glow, basking from it. That’s how B.J. was every day.

I think we all know someone like that. Someone that was or is such a special soul that makes everything around them better. We marvel at them and it motivates us to be better versions of ourselves.

Saturday, Oct. 24 is our opportunity to do as B.J. would do. An opportunity to be selfless and be our best versions of ourselves for National Make A Difference Day. Please join me!

Leigh Klein  formerly worked as the Director of Sport Strategy at CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.


CoSpo: Changing the World Through Sports


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CoSpo: Changing the World Through Sports


I love sports.

I’ve been involved in sports in one way or another my entire life.  I love the competition, the teamwork needed to be successful, the human drama, the camaraderie, the physical fitness aspect, and the lifetime friendships that develop.

But I also love sports because they can bring out the best in humanity.  Sports can positively impact the world in ways well beyond the playing fields, courts and ice rinks.

Nelson Mandela said it perfectly, “Sport has the power to change the world, the power to inspire and the power to unite people in a way little else can – it is an instrument for change.”

Sport is certainly a powerful cultural institution, and it can be tapped for good.

“The rituals of sport engage more people in a shared experience than any other institution or cultural activity today,” said author and public policy consultant Varda Burstyn.

Through the years, there has been a lot of excellent philanthropic work done through sports.  At CoPeace, we celebrate that fact and encourage it.  However, we think there’s tremendous potential to impact the world via sports well beyond the limitations of pure philanthropy.

That’s why we launched CoPeace Sports, or CoSpo, this week.  CoSpo is a wholly-owned sports impact subsidiary and is part of the CoPeace holding company portfolio.  CoSpo’s mission is to help athletes, coaches and sport organizations maximize their ability to positively impact society.

CoPeace Sports is legally designated as a public benefit LLC (PBLLC).  As such, we can help sports entities of all kinds enhance their positive impact activities through both non-profit and for-profit endeavors and activities.

We have a lot of sports-related experience on the CoPeace team.  We’ve seen how sports can bring people together in pursuit of a common cause, and we want to leverage that uniting aspect of sport for the good of society.

“Sports is just such a powerful thing,” said Ed Tepper, CoPeace’s chief operating officer. “It taps into the emotions, and we have an incredible opportunity here to use that power and direct it in a positive way that goes far beyond anything philanthropy can do—to create self-sustaining opportunities for companies to do good, help others and make money at the same time.”

CoPeace Sports has been created to be a true win-win endeavor and I’m excited to see the positive impact the company will have as it grows.

Ken Reed is a Senior Communications Advisor at CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.


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Sharing Our Message on Positive Thinking Day


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Sharing Our Message on Positive Thinking Day

 


Last Sunday (Sept. 13) marked a day that deserves more attention – Positive Thinking Day. Though it is now behind us, we should still reflect on how we can attain a more positive mindset. A positive mindset is a powerful thing. With the right resources, team, and community, this evolves into something even more powerful – positive impact that can transform the world.

CoPeace is a company built on channeling the power of positive thinking into achieving positive impacts on our world. We continue to build an ecosystem of impactful companies providing innovative solutions to the climate crisis and ongoing social injustices. We are fortunate to have a network of like-minded, supportive investors and partners that believe in the CoPeace mission, and we are always looking to include more people in our community!

Positive energy breeds positive energy. As you reflect on this past Positive Thinking Day, how can you share your values within your community to help us all grow?

Jacob Miller is a financial analyst at CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.


“Basic” Education


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"Basic" Education


After changing from my sleep pants to my “work” sweatpants, and right before jumping on the first of what seems like an endless array of video meetings, I had some time to reflect on our recent household “emergency.” My daughter’s computer charger has stopped working.

I’ll spare you the boring details, but it took two very stressful days of watching the battery percentage helplessly drop before we were able to get a new charger. This was an emergency, since my daughter, like a large portion of the children around the world, is going to school remotely and a working computer is required for school education…a computer! Let that sink in.

School supplies used to be a notebook, a pencil, and a book (and an optional Transformers lunch box …if you were cool).

Through this pandemic we have seen a great push for social equality. It has been a problem for so many years and education sits right smack in its center of the issue. The access and quality of education are just a few of the issues that widen the divide in our society. Internet connectivity, a computer, and even electricity are luxuries a lot of us take for granted, and we only see their true value when they are suddenly gone. If you have kids, just trying shutting off your WiFi for five minutes and see your sweet child instantaneously morph into The Incredible Hulk!

As we try and plan for a better future on the other side, we cannot ignore the lessons we learn during the pandemic. We now know what the future will look like, we now know what the future will require from our children to be successful. So that is where we should invest our money.

We should invest in a future where each child has what they need to succeed. This way we not only become a more fair and just society, but we also become a more successful and prosperous society, where bright minds have the right platform to excel and ideas can flourish. This is not only the right thing to do socially, but the right thing to do financially!

At CoPeace we believe in investing in companies who create those platforms and the type of impact that changes generations. We do so, not by being psychic or pretending we know more than anyone else, but by taking note of the world around us and the direction it is heading toward.

Hanan Levin is a Senior Investment Advisor at CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.


A Sports Fan’s Thoughts on Impact Investing


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A Sports Fan’s Thoughts on Impact Investing


In honor of National Sports Day, August 29th, I’d like to share my full-circle story as both a lifelong sports fan and an impact investing advocate. First, a little background.  

I was raised in Lincoln, Nebraska, where a unique religion is celebrated every Saturday during the fall. The service is held in Memorial Stadium, required dress code is red, and the faithful worship…football. My parents tithed, as season ticket holders. I even had the honor of tumbling on the altar, er, field.  

I was a competitive athlete in high school, as was my husband. We raised two kids, who are currently both Division-I student-athletes. My previous career was in college sports.  

Sports is in my blood.  

With the global pandemic of COVID-19, the past six months have been catastrophic on so many levels. We have lost lives, jobs, homes, and dreams. Difficult times require us to reflect on what’s truly important, seek perspective, and lean on what provides solace.  

But my happy place essentially vanished with the virus.  

Without sports to feed my soul, I focused on my other passion – impact investing – and I quickly realized powerful synergies. They both bring people together. They connect people through the desire for a common goal and collective purpose. They further the dialogue on social justice and racial equality. They inherently build diverse communities who work together as a team. They are value-focused what means the most to us. 

Imagine if we directed the same amount of time, energy, and thought into our spending habits as we do into the playoffs, the championship game, or the MVP. Our purchasing and investing power are larger than any title or trophy. We have the ability to bring positive change into the world simply with our wallets. And everyone can join the team, impact investing is now accessible and inclusive.  

As a closing thought, the power of sport in facilitating positive social and environmental change is undeniable. The recent boycotts of the WNBA and NBA players are just one example. We need to listen, learn, converse, and act together, utilizing the platforms we have available every day.  

Support your team. Invest in your values. Make the world a better place.  

Meg Masten is the Chief Relationship Officer at CoPeace. As a forward-thinking holding company, CoPeace is building a portfolio of carefully selected for-profit companies with measurable social and environmental impact. To learn more about impact investing, check out CoPeace’s Intro to Impact Investing.