This podcast episode features an interview with Dirk Sampselle, and attorney and founder focusing on supporting social entrepreneurs, impact investors, and nonprofit organizations.
The Numerous Choices Available for Social Entrepreneurs Can Be Overwhelming
Increased choice can create confusion. Barry Schwartz’s 2004 book titled Paradox of Choice: Why Less is More even suggests that the process of making a decision among many choices can actually decrease our enjoyment and confidence in our choice.Viewing social innovation through that unique lens, there seems to be a certain trend emerging. The trend of more. Today there are new legal structures, new business models, additional sustainability certifications, and more choices than ever before when it comes to effectuating change and measuring impact.The space that is emerging, while exciting and motivating, can seem overwhelming to both the consumer as well as the entrepreneur. The increased choice creates opportunities for experienced guides who can use and make sense of growing data to guide social entrepreneurs through the space.
B Revolution, a Consultancy for the B Corporation Movement
That’s why it was fascinating to come across new initiatives such B Revolution, seeking to address the potential problem of increased choice in social innovation. Founded by Dirk Sampselle in 2011, B Revolution serves growth companies, nonprofits, as well as individual and early-stage entrepreneurs. The consultancy assists its clients in projects such as designing an impact strategy, identifying investment sources, and taking a holistic look at legal and business needs in evaluating structuring options.
B Revolution has launched a few initiatives related to the impact space, including:
- ezBcorp – a new B Revolution initiative that combines Legal Zoom type automation with benefit corporation legal structure to create an online platform for social entrepreneurs to explore benefit corporation options as well as incorporate as one.
- B Revolution Consulting – consulting service for entrepreneurs, impact investors, companies, and nonprofits traversing the impact space.
- B Revolution Capital – pairing mission-driven entrepreneurs seeking $50K-$1M in funding with impact investors seeking new avenues of creating impact-aligned investments.
Interestingly, B Revolution Consulting is itself structured as a California benefit corporation subsidiary of B Revolution, Inc., a B Corporation-certified Maryland benefit corporation.
Dirk Sampselle grew up in Maryland and completed his undergraduate education at the University of Florida, where he also created a 501(c)(3) nonprofit organization called “Citizens for Social Justice.”
His path to finding new ways to create meaningful change in society and business drew him to become involved in the benefit corporation movement early on and he has co-authored several white papers for B Lab on the subject. He recently graduated from Pepperdine University with dual degrees in business and law.
Listen to the Interview