The Stokecast

20: How Serial Entrepreneur Davis Smith Built "Gear For Good" Apparel & Experience Brand, Cotopaxi

10.24.2018 - By Jonathan Ronzio, Emily HollandPlay

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In episode 20 of The Stokecast, Emily and Jonathan recap the joys and pains of their recent experience running the Trapp Lodge Mountain Marathon in Stowe, Vermont. After, they have a deep conversation about building businesses with social impact with Cotopaxi Founder and CEO, Davis Smith.

Also on the show, learn:

- How Davis runs his business AND his family by defining values and building an organizational culture (14:32)

- When and why Davis learned to embrace his entrepreneurial spirit (16:00)

- How Davis started and scaled his first business, going digitally native and selling pool tables online (18:45)

- Why you shouldn't hire your closest friends first or at all (24:20)

- How to identify ideas that are going to work and stick with it (29:35)

- How to compete in a crowded market (34:38)

- Why he started an adventure race series called Questival and hired two llamas off Craigslist to launch Cotopaxi (41:14)

- How Cotopaxi is empowering creativity within their manufacturing facility in the Philippines (49:31)

- What is a Benefit Corporation and how does it work? (53:55)

- The benefits of bootstrapping vs. raising capital (56:33)

- Davis' work to promote gender equality with GirlUp and Women's Leadership Institute

- How he balances professional and personal life by managing both like a business (1:05:00)

- What Cotopaxi is doing to aid the refugee crisis and one incredible story of the impact made (1:11:06)

For the show notes from this episode, visit: https://exploreinspired.com/davis-smith

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