Social Investment
5% of all Revenues to the World.
Why?
I just feel I should.
As SohoKind’s success grows, so will SohoKind’s part to help the world.
Not 5% of Profit after tax, prior to EBITDA, before dividends.
5% of all Revenue. Period.
Where will the money go?
Well, that is up to me and you to determine.
At a minimum, it will go to charity on an annual basis.
Ideally, I would like the utilization of this 5% to become more creative and more efficient than that.
Promoting socially active entrepreneurs getting the most out of every £, €, ¥ and $ to solve problems that needed fixing yesterday.
Even to create a social fund.
Further, I would like to engage one of you, our readers, users, fellow world citizens to figure it out and run the fund.
Ideas that have caught my eye so far :
- Urban micro-credit in our own local communities
- Private schooling programs, assistance for urban areas
This will be developed further through the blog as our community grows.
While the exact definition and destination is uncertain, the purpose is known.
So from Day 1, 5% of all Revenues.
From there, let’s figure it out together.
Spencer
I am always thinking of implementing more ways for us to be ‘green’. And it is my goal to develop SohoKind in a socially and environmentally responsible way.
Currently, shipping is done directly from our printer. And not from SohoKind’s office. This minimizes an extra leg of travel, lots of oil and also wasted plastic & paper for any repackaging.
In terms of our Ts, we would love to print on organic Ts. The reason that we currently do not print on organic Ts is that American Apparel Organic Ts are only available in white, and dying techniques are not too environmentally friendly.
When the Ts get there, then SohoKind will also get there.
If you have any ideas on how we can improve, please contact me. I would love to hear your ideas.
Spencer
