Could a startup solve homelessness? With Beam CEO Alex Stephany
If you're curious to learn how to use 'Tech for Good' and novel business models to tackle huge social problems - and make some money - don’t miss this incredible episode. Alex Stephany, Founder & CEO of Beam, has taken his particularly bold and ambitious problem-solving mind and turned it towards the massive issue of homelessness.Key takeaways Founding Beam and its business model Tony’s storyFrustrations when running Beam Making money while doing social good Scaling up Beam with tech How to support Beam
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Show Notes
Wondering what to give as an unusual gift this year? How about donating in someone’s name to a social enterprise solving homelessness? Simply purchase a gift card for someone from Beam, and help a homeless person get back on their feet.
“There's billions of pounds being spent on homelessness. More than 1,000 organisations are tackling homelessness. There are millions of people in London who care about this issue. And yet still, despite all of this, people are literally dying outside of tube stations.”
But how does your donation help someone find a home? Well, it does more than that - through crowdfunding, you donate to people Beam are working with and the money goes directly towards training them in their chosen vocation so they can get back into employment. On the flip-side, Beam is giving scale-ups and corporates access to overlooked talent.
“The greatest economic opportunity you can give to people is a sense of self worth and an opportunity to contribute back to society because really, they don't want donations. They want the ability to be in control of their own destiny.”
Alex shares the story of the first homeless person he helped, Tony, and how he was the inspiration to scale up Beam.
“I thought, well, if we can do that for one person, then what if we can do that for 100,000, or millions of people? What if we can use technology and operational processes to create this same life-changing intervention for other people at scale?”
So, if you’re interested in learning how to solve huge societal problems with tech and new business models while making some money in the process, don’t miss this incredible episode.
We chat about:
- Founding Beam and its business model
- Tony’s story
- Frustrations when running Beam
- Making money while doing social good
- Scaling up Beam with tech
- How to support Beam
Links:
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