Yanik Silver, author of 'Evolved Enterprise', explains to Nathan Latka why he rejects the term 'giving back' in favor of 'impact'.
0:00 / 0:13exact quote · 13.7s
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“You know, as a copywriter, you know, to me, words are incredibly important and give back implies that we've taken something and that there's guilt in some way that we have to return it. And as entrepreneurs, we're only value creators. That's the only way that we stay in business.”
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More from Yanik Silver
Insight
Customers prefer products that hand them fish rather than teach fishing
“So you've heard this idea that, you know, if you hand the man a fish, you feed him for a day, but if you teach him how to fish, you feed him for life. Well, it's kind of BS. People want the fish handed to them if possible. And that's one way of creating a real…”
Yanik SilverJan 25, 2016▶ 2:11How to Profit Big and Give Back At Same Time with Yanik Silver
PredictionNot checkable as stated
Profit-focused companies will eventually lose out to mission-driven businesses
“Businesses, you know, that are playing the same game where they're only focused on, on their quarterly earnings or what is only in their bottom line interest. They're going to be losing out to companies that are more mission focused, that are values driven, th…”
Yanik SilverJan 25, 2016▶ 8:41How to Profit Big and Give Back At Same Time with Yanik Silver
Disclosure
Maverick 1000 membership costs $1,500 monthly with a 10 percent impact allocation
“10% is it's 1500 dollars a month for membership.”
Yanik SilverJan 25, 2016▶ 12:24How to Profit Big and Give Back At Same Time with Yanik Silver
Disclosure
Silver: Maverick 1000 has around 120 to 125 members
“There's about a hundred, about a 120, I don't know, 25 or so members.”
Yanik SilverJan 25, 2016▶ 13:30How to Profit Big and Give Back At Same Time with Yanik Silver
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