I sincerely wish I could post more about House Of Rave since I love writing about it. I’ve refrained quite a lot to reveal less to competitors and avoid copycats. There is a DIRECT correlation between how much I write about my business and how many people immediately try to emulate it.

His next post was about how he was copied and then sued! Since Nev runs a dropshipping business, it’s (slightly) easier to copy compared to a lot of the stuff we do. Still, it’s clearly a real fear. I increasingly am holding back on my post topics. There are probably 5 people (that I know of) that read my blog that could use the information against us. I don’t post revenue numbers, I don’t post anything that tips them off about big things we’re doing in the future. That sucks to me. Ideally, I want to run an “open source business”. Think – a cross between a public company and an open source software project. And I hope I will be able to some day in some capacity. But knowing and understanding our competitive advantages and disadvantages, there are a good number of times when the advantage of sharing information with the world is overridden by the disadvantage of explaining what we’re doing, how we’re doing it, and why we’re doing it to our competitors. I’ll continue to do my best to walk that fine line and post as much as I can. It’s just a lot harder than it was a few years ago when less was at stake.

Every entrepreneur gets their passion from somewhere different.  For some, the thought of wealth and independence is what fuels them, and that’s fine.  But the most successful entrepreneurs I’ve encountered truly believe that their endeavours are going to change the world and help improve people’s lives.

For-profit businesses force innovation and that that’s a good thing.  The majority of technological innovation comes from the for-profit world, and without it we’d be in trouble as a society.  Diseases have been cured, transportation problems have been solved, and education has been broadened all from for-profit ventures.  I love the for-profit world, and I always want to be a part of it.

But I also believe that the non-profit community meets needs that the for-profit world ignores.  Who is going to make sure that those without food and shelter tonight don’t starve to death?  Who is going to comfort those with incurable illnesses in their final days?  It’s complex to try to create a for-profit company to solve these basic human needs, but we are blessed to have people in this world who devote their lives to these causes.  Whether they are in the peace corps, a member of clergy, or just love helping, they also play a huge role in keeping our society from falling apart.  In many ways, these people are my heroes.  And so  I also want to desperately be a part of the non-profit world.

This isn’t really news to anyone who knows me.  However, as our success increases I begin to thing more about HOW to use our entrepreneurial skills to make an impact in both sectors.  Ten years from now I envision a full-fledged non-profit division of Pure Adapt (we’ve already purchased PureAdapt.org for that purpose), but I believe that there’s always something important you can do NOW regardless of how measurable it is to the outside world.

I’m happy to say that I think we’ll be taking that step with our next venture.  It’s pretty obvious to anyone that reads this blog regularly that our next move will be another foray into e-commerce given the success of the new Detailed Image.  So one day I was thinking “how could we leverage a successful e-commerce site to help change the world?”.  And then I came up with the simplest solution to a problem I’ve ever come up with:  donate a portion of revenue for every sale to charity.  Make it part of the culture of your site/store – every single purchase has a small impact in helping a non-profit that needs your money.  Sure, at first it won’t be much.  But it ensures that our non-profit impact is directly tied to our for-profit impact so as we have more money in our pockets we will also be making the world better at the same pace.

I’ll be honest – I was pretty nervous about bringing this up to my partners.  We are a for-profit company, and my partners have no real obligation to give a crap about the community and the charities that support it.  It’s one thing to buy PureAdapt.org and talk about what we’ll do when we have millions, but another thing to get everyone to agree to take action when we are all very much not settled in our lives.

Thankfully everyone has been very open to the idea.  After working out some kinks with the system, I think we’ve tentatively agreed upon donating 5% of profit (price – cost of goods sold)  for every transaction through our new site, which I anticipate launching in the spring.  We will likely change charities every quarter and cut the check for the previous quarter at the beginning of the next.  At first I wanted to do a percentage of the sale price, but we’d run into issues for products that have very small (or no) margins (some items we sell at cost to turn over inventory and bring customers into the store).  Either way – 5% of profit before all of our other overhead like marketing, rent, and salaries is still a pretty solid commitment.

I’ve never been more excited about anything in my entire life.  E-commerce is what we do best, and we’ll be able to do it in a way that satisfies our customers, provides a comfortable living for us, and contributes to the non-profit world.   I can’t imagine anything better than that.

Any time WE screw up I tell the client or customer that it was OUR fault and WE apologize and WE will fix it. We are a team, we all make mistakes, and if someone screws up repeatedly we’ll deal with it internally, but I know I’ll never disclose that to a client. I know I would be pissed if one of my partners was ripping me to a client. As far as I’m concerned, if something slips past our internal checks and balances it’s the fault of our entire team and not the individual.

Bashing your partners tells me that you resent each other and you don’t want to be associated with each other’s mistakes. It also shows a sign of immaturity that you’re unable to solve problems face to face and instead vent to other people to make you feel better. That’s the anti-team, and those partnerships will likely fall apart.