• Balancing Purpose & Profit: Lessons From a Social Enterprise Startup with Shannon Lemanski

  • Oct 13 2024
  • Length: 32 mins
  • Podcast

Balancing Purpose & Profit: Lessons From a Social Enterprise Startup with Shannon Lemanski

  • Summary

  • In this conversation, Ben Amos interviews Shannon Lemanski, founder of Aqua Ubique, a company that addresses the water crisis in Australia by harnessing humidity to create drinking water. Shannon shares his journey from military service to entrepreneurship, highlighting the importance of purpose over profit in his business start up. Aqua Ubique aims to provide sustainable drinking water solutions while also giving back to communities in need. The discussion covers the necessity of knowing your ‘why’ and clarifying your specific target market in order to change the mindset of your potential customers.

    Takeaways

    • Over 8% of Australia's population lacks access to clean drinking water.
    • Aqua Ubique creates drinking water from humidity in the air.
    • The business model focuses on purpose over profit.
    • For every five machines sold, one is donated to communities.
    • Shannon's military experience inspired his entrepreneurial journey.
    • The technology aims to solve the global water crisis.
    • Aqua Ubique is a social enterprise with a sustainable business model.
    • The company has gained traction with local councils and universities.
    • Education is key to overcoming customer objections.
    • The future vision includes expanding technology to serve communities globally.

    Chapters

    00:00 The Water Crisis in Australia

    06:00 Shannon's Journey to Aqua Ubique

    12:40 Purpose Over Profit: The Business Model

    17:02 Current Status and Future Vision of Aqua Ubique

    22:53 Overcoming Objections and Educating Customers

    Click here for more https://innovatemedia.com.au/S3-5

    Show more Show less

What listeners say about Balancing Purpose & Profit: Lessons From a Social Enterprise Startup with Shannon Lemanski

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.