Nov 21, 2018
This week’s show is a case study featuring an entrepreneur finding the right balance between the people vs. the profits. Our entrepreneur has created a for-profit business with an emphasis on the people who work there. Find out more!
Matt Altman Co-Founded the brand Sportiqe, a lifestyle clothing company. He serves as CEO of the company with a mission to help people feel comfortable. Matt has a lifelong passion for helping people be the best version of themselves. He also serves on the board of The Prem Rawat Foundation, which serves to address fundamental human needs of food, water, and peace.
Matt had a 12-year career in retail operations before starting his own business in 2006. From day one, Matt and his co-founder were constantly thinking of their company culture and how they wanted to develop it. He believes the health of the company, the profits, the people, are all integrated.
In his career, Matt saw time and time again decisions being made that grew profit… but at the expense of the people. For him, it didn’t seem fair to operate a business that way. He knew there was a better way and sought out to find it.
Matt first heard the term ‘Conscious Capitalism’ four to five years ago and didn’t think much of it. However, he was invited to his first Conscious Capitalism summit two years ago and the event was eye-opening. He discovered so many companies that had a purpose-driven reason to exist and it transcended beyond ‘just to make money.’ He was able to see first-hand the positive-impact capitalism has had on a global scale.
Conscious Capitalism is about thinking long-term instead of short-term. It’s planning out the sustainability in a company and utilizing smart business practices to leverage the humanity of people. It’s basically asking yourself, “What are the decisions I can make today that will help the company five years from now?”