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Values Sell: Transforming Purpose Into Profit Through Creative Sales and Distribution Strategies (Social Venture Network)
 
 
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Values Sell: Transforming Purpose Into Profit Through Creative Sales and Distribution Strategies (Social Venture Network) [Paperback]

Nadine A Thompson (Author), Angela E Soper (Author)
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Book Description

Social Venture Network March 28, 2007
Sales and distribution are the lifeblood of any business; socially responsible businesses are no different. To make a difference in the world, a business has to make its product or service available and get the public to buy it. But how can one compete with businesses for which the bottom line is the only measure of success? You need to get creative! In this practical and inspiring guide, Thompson and Soper draw on real -world examples to show how a values-driven business can establish a foundation from which innovative sales and distribution strategies naturally flow. They lay out concrete steps for communicating a powerful, motivating vision for the business, and for designing sales and distribution strategies that fit the needs, interests, and habits of the target customer. "Values Sell" will help any socially conscious entrepreneur develop competitive sales and distribution strategies while staying true to his or her distinctive mission.

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Values Sell: Transforming Purpose Into Profit Through Creative Sales and Distribution Strategies (Social Venture Network) + Leaders Make the Future: Ten New Leadership Skills for an Uncertain World (Bk Business)


Product Details

  • Paperback: 163 pages
  • Publisher: Berrett-Koehler Publishers; Annotated edition (March 28, 2007)
  • Language: English
  • ISBN-10: 1576754219
  • ISBN-13: 978-1576754214
  • Product Dimensions: 8.4 x 5.6 x 0.5 inches
  • Shipping Weight: 7.2 ounces (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #791,161 in Books (See Top 100 in Books)

More About the Author

NADINE A. THOMPSON,
CEO & FOUNDER
Soul Purpose Beauty and Lifestyle Company


The chronicles of the business world are, of course, filled with success stories--tales of the individual entrepreneur to accounts of the largest conglomerates. But what makes a business a success? A new, unique product or service? Of course. A never-before-seen invention? Absolutely. And everyone says hard work and determination are key.

However, there is one common element found in every success story. And Nadine Thompson, who is today writing her own chapter of business history, is the embodiment of that singular characteristic. We're talking about vision--the visualization and foresight of what a company should be and will be. As the Founder and CEO of Soul Purpose Beauty and Lifestyle Company, a unique direct-sales company that produces natural personal care products, Thompson says, "The driving force behind the success of Soul Purpose is that I created a vision, and never strayed from it.

"Simply put, I launched Soul Purpose with the vision to create quality products; to empower people to put self- and health-care first; and to create entrepreneurial opportunities for our consultants," Thompson continues. "Over the years, I had many nay-sayers and many doubters; but I refused to lose sight of my vision. I never let that go."

The result of Thompson's commitment? Warm Spirit, founded in 1999, produced a comprehensive collection of nature-based beauty and wellness products, with the unique creations supplied to buyers through a nationwide network of more than 30,000 Warm Spirit consultants. The company transformed the face of the direct sales and network marketing industry by providing an opportunity for wealth and financial freedom that had not always been accessible for women--and even less so for the African-American community.

Today, Thompson has taken her vision and empowerment acumen to another level, moving on from Warm Spirit to establish Soul Purpose Beauty and Entrepreneurship can be a rewarding experience but it requires hard work and focus.Lifestyle Company...her new venture, which is an innovative direct selling company that launched in January, 2008.

"The unique selling proposition of the Soul Purpose Beauty and Lifestyle Company is strengthened by the fact that all members of this community will be shareholders as well stakeholders in this enterprise," says Thompson. "With Soul Purpose's new marketing and compensation plan, wealth and profits are recycled directly back into the households and communities of its stakeholders." Thompson has a global vision for Soul Purpose with plans to expand internationally while redefining our notions of beauty and empowerment with a multicultural aesthetic.

Born in Trinidad, and raised in Toronto, Canada, Thompson received her Master's Degree in Social Work from Smith College in Northampton, MA. She went on to become Dean of Multicultural Affairs at Phillips Exeter Academy in New Hampshire, to which she brought her rare combination of insight, cosmopolitan warmth and her gift for bringing people together. She was able to meld the prep school's long tradition of education with a racially diverse and representative student body and faculty.

Her success with Warm Spirit and now with Soul Purpose propelled her into the national spotlight, and she is now recognized as a committed and passionate advocate and noted speaker in the areas of racial equality, entrepreneurship, women's issues and empowerment. Thompson has lectured to a variety of audiences--some of her more noteworthy appearances and speaking engagements include:

* The National Black MBA Association
* The "Today" Show on NBC
* Social Ventures Network
Nadine Thompson / Page 2


* ESSENCE Magazine's "Women Who Are Shaping The World Leadership Summit"
* Circle of Sisters Expo
* The National Organization of Women
* Black Enterprise Entrepreneurs Conference
* Columbia University, School of Business
* Women of Vision Alliance
* The Wharton School of Business
* National Coalition of 100 Black Women

Thompson has also published essays on multiculturalism, diversity and psychology, and she recently released her first book titled, Values Sell: Transforming Purpose into Profit Through Creative Sales and Distribution Strategies, published by Berrett-Koehler Publishers in the summer of 2007.

At Warm Spirit, Thompson not only served as the CEO and visionary, she was also the creative director and sole product developer for the distinctive product line which has been recognized as one of the best nature-based lines in the country. Thompson brings this expertise to her new enterprise Soul Purpose and works with a team of perfumers, aroma therapists, chemists, herbalists and organic experts to turn her product ideas into reality. Thompson describes the Soul Purpose product line as the "next generation" of beauty and personal care products.

Thompson's vision of empowerment, wellness and wealth creation has not only touched the lives of women and men in the United States, but has also benefitted the lives of women globally in Ghana, India and Vietnam. Her work with the Thompson Foundation provides a market opportunity for women in northern Ghana to sell their wild-crafted shea butter to Rain Shadow Labs, Soul Purpose and other cosmetic companies in the United States.

Thompson has received several awards, including: the Black Enterprise Magazine's Emerging Company of the Year (2006); Onyx Woman Economic Empowerment Award; the Global Diversity Network Trailblazer Award; The Los Angeles Black Expo, Madam CJ Walker Award for Leadership and Entrepreneurship; The Rhode Island House of Representatives Outstanding Woman Entrepreneur of the year (2006); and the African American Empowerment Weekend Legacy Award (2008).

Thompson's long-term, compelling vision is to establish the Nsoromma Foundation where successful Soul Purpose entrepreneurs will mentor and coach other women from the Native American and African Diaspora around the ideas of business development and entrepreneurship using Illumination, Beauty and Lifestyle as the paradigm for wealth creation and empowerment.

The business story of Nadine Thompson continues to be written as she broadens her vision and launches her new venture. Future chapters will, undoubtedly, chronicle further success as she once again stays true to her plan and never waivers from her commitment.

Thompson is also a wife and mother of two children, Camilla (15) and Isaiah (13). She lives in Exeter, NH at Phillips Exeter Academy with her husband, Rev. Robert H. Thompson.



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6 of 6 people found the following review helpful:
5.0 out of 5 stars Excellent guide to doing socially responsible business, April 22, 2007
This review is from: Values Sell: Transforming Purpose Into Profit Through Creative Sales and Distribution Strategies (Social Venture Network) (Paperback)
Today, more and more business leaders are beginning to realize that it's not enough to just make a buck, but that their business legacy should be something more -- something that does lasting good for customers and communities. In their book, Values Sell, authors Nadine Thompson and Angela Soper provide numerous real-world examples of companies -- including Tom's of Maine, Seventh Generation, Honest Tea, and many others -- that are living their values, making a good profit, and transforming people all at the same time. If you're a business owner, executive, or manager wondering how to turn your purpose into profit, this is the book for you. And if you're an employee who hopes to influence your own company and move it in a more socially responsible direction, this too is the book for you. Highly recommended.
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5.0 out of 5 stars CSR Belongs in Your Marketing, January 4, 2009
This review is from: Values Sell: Transforming Purpose Into Profit Through Creative Sales and Distribution Strategies (Social Venture Network) (Paperback)
Almost at the very end of this book is a statement that I feel sums up much of the value in running a values-based business:

"Operating a business in a socially responsible manner can lead to increased sales, strong and effective alliances, and even lucrative company buyouts. And no one is espousing doing poorly financially just so you an be a good corporate citizen. What the companies...demonstrate is that you can create a business with strong core values that support social responsibility, be innovative in your strategies to build sales and form powerful distribution channels, and come out a winner on many levels: by succeeding financially, by furthering your mission within your industry, and by improving society as a whole."

While my own book, Principled Profit, offers a more hands-on approach to learning the marketing skills necessary to turn those values into profit, Values Sell offers a nice roundup of several companies across multiple industries and with widely varying business models. All of them are profitable, many of them are growing rapidly, and all maintain a strong commitment to their values. Additionally, many of them deliver more than their stakeholders--customers, employees, suppliers, neighbors--expect, and that I believe is key as well.

As examples:

* Warm Spirit, a personal care products company oriented primarily to African-Americans, pays its consultants 10 to 15 percent higher commissions than similar companies

* A t-shirt manufacturer was able to save the company when the bottom fell out of the branded domestic apparel market following NAFTA, by educating customers about the benefits of its organic cotton production, and seeking accounts among companies that shares its environmental commitment

* Tweezerman structured a buyout that protected both its values and its workers--something companies like Ben & Jerry's might have learned from--and the company's founder claimed that the purchase price was 50 percent higher because of the company's from-the-start commitment to "responsible capitalism"

* Chaco Sandal Co. has a Minister of Human Resources and Sustainability

The values this book highlights are not just the traditional "triple bottom line" of financial, social, and environmental responsibility, but also focus on such issues as creating empowered employees with strong company-wide support systems, finding appropriate strategic partners (including nonprofit beneficiaries, which Tom's of Maine credits with a remarkable 370 percent increase in business)--and always, the metrics of these policies, such as the 16 percent rise in stock prices of companies rated highly for employee morale, compared to an average of just six percent.

Shel Horowitz's award-winning sixth book, Principled Profit: Marketing That Puts People First, demonstrates how to build a business around ethics, environmental sustainability, and cooperative practices--and how to develop marketing that highlights those advantages.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
defining your market, valuable strategic alliances, profitable vision, strong distribution channels, sure your values, responsible mission
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Values Sell, Warm Spirit, Honest Tea, Tom's of Maine, French Meadow, United States, Empowering Your Way, Building Strong Distribution Channels, Seventh Generation, Wild Planet, Hidden Beach, Creating Valuable Strategic Alliances, Celebrating Achievements, Indigenous Designs, Educating Your Partners, Hot Lips Pizza, African American, Whole Foods, Earthbound Farm, San Francisco, Dancing Deer, New Leaf Paper, North Carolina, Earth Creations, Imagine Foods
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Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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