66 minutes | Aug 9th 2020

271: Michael O’Leary – Social impact investing for small business leaders

Michael O'Leary and Bill Ringle discuss social impact investing explained for small business leaders. body .audioplayer.skin-wave.playerid-71746638:not(.a) .ap-controls .con-playpause .playbtn , body .audioplayer.skin-wave.playerid-71746638:not(.a) .ap-controls .con-playpause .pausebtn { background-color: #111111;} jQuery(document).ready(function ($){var settings_ap71746638 = { design_skin: "skin-wave" ,autoplay: "off",disable_volume:"default" ,loop:"off" ,cue: "on" ,embedded: "off" ,preload_method:"metadata" ,design_animateplaypause:"default" ,skinwave_dynamicwaves:"off" ,skinwave_enableSpectrum:"off" ,skinwave_enableReflect:"on",settings_backup_type:"full",playfrom:"off",disable_scrub:"off",soundcloud_apikey:"" ,skinwave_comments_enable:"on",settings_php_handler:window.ajaxurl,skinwave_mode:"normal",skinwave_wave_mode:"canvas",pcm_data_try_to_generate: "on","pcm_notice": "off","notice_no_media": "on",design_color_bg: "111111",design_color_highlight: "ef6b13",skinwave_wave_mode_canvas_waves_number: "3",skinwave_wave_mode_canvas_waves_padding: "1",skinwave_wave_mode_canvas_reflection_size: "0.25",skinwave_wave_mode_canvas_mode:"normal",preview_on_hover:"off",skinwave_comments_playerid:"71746638",php_retriever:"https://myquestforthebest.com/wp-content/plugins/dzs-zoomsounds/soundcloudretriever.php" }; try{ dzsap_init(".ap_idx_15932_27",settings_ap71746638); }catch(err){ console.warn("cannot init player", err); } }); >>> Visit MyQuestforTheBest.com  for complete show notes and more expert advice and inspiring stories to propel your small business growth. Top 3 Take-Aways from this Interview Effective evangelization requires more robust conversation between impact investors and our largest public companies, and active participation in helping them to set common standards for ESG measurement and impact best practices.Half of professionals feel no connection to their company’s mission or sense of meaning in their work.Today, two-thirds of Americans do not believe the financial system is benefiting the economy. Tweet-Ready Insights from this Episode Before any company restarts normal operations, it should determine the social purpose it serves and put that purpose directly into its corporate charter. #MQ4B Ep271 Michael O'Leary (@thisismichaelo), AccountableClick To Tweet Business leaders should accelerate their efforts to create mandatory, standardized, and audited metrics. #MQ4B Ep271 with Michael O'Leary (@thisismichaelo), author of Accountable: The Rise of Citizen CapitalismClick To Tweet Investing in workers is the most critical issue for reforming capitalism. #MQ4B Ep271 with Michael O'Leary (@thisismichaelo), author of Accountable: The Rise of Citizen CapitalismClick To Tweet Companies must restore a sense of mutual obligation between employers and employees. #MQ4B Ep271 with Michael O'Leary (@thisismichaelo), author of Accountable: The Rise of Citizen CapitalismClick To Tweet Coming out of this pandemic we need capitalist renewal. We have a once-in-a-generation opportunity to rebuild our economy. #MQ4B Ep271 with Michael O'Leary (@thisismichaelo), author of Accountable: The Rise of Citizen CapitalismClick To Tweet Getting people to trust big business will take much more than simply reopening the economy. #MQ4B Ep271 with Michael O'Leary (@thisismichaelo), author of Accountable: The Rise of Citizen CapitalismClick To Tweet We must seize this chance to redirect the course of capitalism onto a more sustainable and socially responsible path. #MQ4B Ep271 with Michael O'Leary (@thisismichaelo), author of Accountable: The Rise of Citizen CapitalismClick To Tweet More than half of people worldwide believe that capitalism does more harm than good. #MQ4B Ep271 with Michael O'Leary (@thisismichaelo), author of Accountable: The Rise of Citizen CapitalismClick To Tweet All businesses should become essential businesses by serving a deeper pur...