TOMS Shoes
An entrepreneur is someone who
owns, operates, and takes the risks of a business venture. A social
entrepreneur also owns, operates, and takes the risks of a business venture but
seeks social value rather than profits. One example, Blake Mycoskie, created
TOMS to help give kids in need shoes. When he was visiting Argentina, he
noticed the lack of shoes that the children were wearing. Blake came up with the
concept as he realized that most children did not have shoes which limited their
ability to go to school and increased their chances of developing foot
diseases. He came up with the name, TOMS, from the word tomorrow. He wants to create
a better future for impoverished children.
TOMS mission
statement is “For every pair of shoes that we sell, we will give a pair to
someone who needs them. The company is more focused on helping children in
need, than the money involved in doing so. TOMS main goal is to raise awareness
and support for the kids who need it most.
