With over $11.5 million in revenue, shipped to 85 country, and worn by hundreds of thousands across the world, including former American Presidents, John's Crazy Socks is an example to follow, not only for their financial success, but also their inspiring message of inclusion and support for people with intellectual & physical disabilities.
Says co-founder Mark Cronin, hiring and supporting disabled employees "is not altruism, it's good business", and business can be good for you too if you open your workforce to be more supportive for the differently abled.
Here's how social enterprise & inclusive hiring can make your business stronger
4:25/8:05 Recognize Your Own Potential. If you consider your brand just another one of thousands of providers of a lifeless product, simply in it for the profit, odds are you'll never break out.
Recognizing the potential in others, can help you see the potential in yourself, and seeing both necessity and opportunity turned John & Mark from internet start-up entrepreneurs into the largest sock store in the world in just a few years.
When you look at your brand, consider where you came from to understand where you really want to go.
5:15/13:20 Offer A Truly Next Level Customer Experience. Many companies and brands claim to be ethical, offer exciting opportunities to be the in-crowd and make overtures to spreading positivity, but few can prove it quite like social enterprises.
There's no substitute for the feeling customers get when they are given a chance to legitimately connect commerce with charity, and they will both spend and donate freely and often to relive that feeling again and again. This has allowed John's Crazy Socks to not only raise over $140,000 for the Special Olympics, but also pull in over $11 million in online sales.
6:45/9:15/18:30 Give Employees A Mission Bigger Than Themselves. Workers can only be so energized about making you money, beyond that attention drops off, quickly followed by retention.
Hiring and supporting workers with disabilities, and getting behind their causes, reinvigorates employees by giving them something much more to strive for, while helping to make lives better.
What's more, it can offer self-reliance, useful skills and social access to those who often have little or no choice or chances in their lives, helping to give them purpose and a living wage.