Beyond 8 Figures Balancing Profit and Social Impact with Dominnique Karetsos, The Healthy Pleasure Group
Contrary to the belief that focusing on purpose detracts from profitability, many purpose-driven companies experience robust financial performance. A strong focus on creating a positive impact can differentiate a company in a crowded marketplace, attract loyal customers, and drive sustainable growth. As Dominnique Karetsos has seen with Healthy Pleasure Group, profit with purpose is not just possible - it can open up new revenue streams and market opportunities, put companies at the forefront of innovation, and help them attract like-minded partners and investors.
About Dominnique Karetsos
Dominnique Karetsos is a seasoned entrepreneur with over 25 years of experience in more than 40 markets. She founded Healthy Pleasure Group and co-founded Minthub, focusing on building a global ecosystem for sexual health and technology. Dominnique is also a General Partner at Amboy Street Ventures, the first fund dedicated to investing in sexual health and women's health technology.
Known for her knack for spotting trends and reshaping brand strategies, she helps startups and established brands grow and thrive. With degrees in international marketing, management, and advanced supply chain management, Dominnique blends her diverse skills to lead with vision and purpose. She's passionate about driving social change and innovation in the sexual health industry, making a real difference in people's lives.
Key Insights:
- Stay consumer-centric. Always focus on your customers' real needs. Listening to them and adapting your products or services accordingly is a sure way to set you apart from competitors.
- Create a culture of inclusivity. Make diversity a priority and ensure that all employees feel valued and respected, which can enhance creativity and innovation.
- Embrace compassionate leadership. Practice empathy in your interactions. Listen to your team’s concerns and show understanding. Higher employee morale, better collaboration, and lower turnover are likely to follow!
- Stay agile and adapt quickly. Be willing to pivot and adapt based on market trends and feedback. Use agile methodologies to manage projects. Your company is more likely to survive and thrive when it can swiftly respond to market changes.
- Leverage your unique story. A distinctive brand that resonates emotionally with your audience will set you apart from competitors. Use your personal and company story to build a unique brand identity. Share your journey and mission openly so that people know where you stand.
Dominnique's best advice for entrepreneurs:
“People follow passion. People follow missions. People follow people, not just businesses.”
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