Don’t Apologise for Profit: The Thankyou Story | #130

In this episode of Add To Cart, we are joined by Daniel Flynn. Daniel is the Co-Founder and Managing Director of Thankyou. They burst onto the scene with bottled water that was doing good and now 12 years later Thankyou has raised over $17 million to impact the lives of people across 22 countries… and no longer do bottled water. Many of you will be familiar with Thankyou and its mission to redistribute wealth from consumer spending. We are living in a time where extreme poverty and extreme consumerism live side by side - Daniel and his team are looking to rebalance that equation. Thankyou is stocked in major retailers including Coles, Woolworths and Chemist Warehouse, and a whole bunch of eCommerce stores including Amazon, Catch, Nourished Life and BaoBag. On their own site - they only sell one product - Chapter One, the first part of the Thankyou story. And it’s not a bad product - so far raising more than $2.6m to supercharge their impact. In this episode, Daniel tells us why Thankyou started with wholesale and how he got into stocked in large retailers early on and the impact that had on his business. We discuss why understanding profitability is key to retail - even more so in businesses that have an impact. And in perhaps the ten minutes of this show that could change people’s lives, Daniel opens up about his journey with a psychologist and why he recommends therapy as an essential tool for everyone - even psychologists. Oh, and we also have a chat about the time he met President Obama.  For full show notes, please visit:https://addtocart.com.au/add-to-cart/dont-apologise-for-profit-the-thankyou-story-130/Please contact us if you: Want to come on board as an Add To Cart sponsor Are interested in joining Add To Cart as a co-host Have any feedback or suggestions on how to make Add To Cart betterEmail [email protected] We look forward to hearing from you!Thanks to our sponsors, Shopify and Klaviyo, for bringing you the show.Sponsor Add To Cart: https://addtocart.com.au/sponsor/ Hosted on Acast. See acast.com/privacy for more information.Subscribe to the Add To Cart newsletter  SMS us to Suggest a Guest Connect with Nathan Bush Join the Add To Cart Community