Wednesday, March 21, 2012

Research March 20th

Notes from Start Something that Matters

p.1

Blake Mycoskie is the founder of Tom’s shoes. When Blake traveled to Argentina on vacation, he met a woman who worked in a shoe drive. The woman told him that many kids lacked shoes even in well developed countries. Due to lack of shoes, these children could be exposed to diseases. After seeing the children with blisters, sores and infections, Blake wanted to help. He knew taking donations would only get him so far. He wanted to raise money to get children the shoes and have those shoes be the right size for the children.

p.6

Blake decided to make a for profit business to help provide shoes for these children. He believed that this solution would guarantee a constant flow of shoes rather than depending on people’s donations.

A simple concept. Sell a pair of shoes today; give a pair of shoes tomorrow. Blake had no connection to the shoe business but while in Argentina; his polo teacher helped him find someone to manufacture the shoes. Blake wanted the shoes to look like alpargata which are the common everyday shoes in Argentina. Blake thought of the idea of “Shoes for Tomorrow” which became “Tomorrow’s Shoes” then later TOMS.

p.9

After working with local artisans, Blake brought back 250 samples of the shoes back with him to Los Angeles. Blake asked some of his best female friends to dinner and shared the store, the girls gave suggestions of what stores to try and have sell them. The women ended up insisting on buying a pair of the shoes, which gave Blake hope that others would like them too. Tom went to American Rag to see if they would be willing to sell TOMS in their stores. He met with the shoe buyer and she was interested in the product. Toms had become a retail customer.

p.11

Booth Moore, a fashion writer for the Los Angeles Times heard about the story of toms and loved the shoes. She interviewed Blake and wrote an article about the shoes. Not long after, TOMS were featured on the headlines of the Los Angeles Times. By the end of that day they had received 2,200 orders.

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