10 Things You Should Know about Stakeholder Capitalism

Cafe Momentum

Oct 31, 2020

Discover the inspiring story of Cafe Momentum, a restaurant in Dallas offering internships for youth post-release from juvenile detention. Explore the impact of stakeholder capitalism and the transformative journey of individuals like Abhisai from jail to NASA. Learn how small businesses like Cafe Momentum can make a big impact in addressing real-world challenges and creating positive change.

28:36

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Quick takeaways

Cafe Momentum provides post-release internships for juvenile offenders, breaking the cycle of poverty and recidivism through restaurant career opportunities.

The nonprofit's stakeholder capitalism approach emphasizes profitability and social impact, showcasing the power of businesses in addressing societal challenges effectively.

Deep dives

Chef Chad Houser's Inspiration from Detention Center Youth

Chef Chad Houser, once a chef in Dallas, had his perception changed after teaching ice cream making to young men from detention. He initially held negative stereotypes but was moved by the young men's desire to cook and connect. This experience led him to start a nonprofit connecting detained youth to restaurant careers, aiming to break the cycle of poverty and recidivism.

Introduction

5min

Building a Brighter Future through Cafe Momentum

10min

Transformation through Support and Opportunity

5min

Exploring the Impact and Challenges of Cafe Momentum's Mission

5min

Small Business Making a Big Impact and Looking Ahead to Global Challenges

3min

Originally released on November 1, 2020, Episode 8 shares the story of Cafe Momentum, one of the finest restaurants in Dallas that happens to be operated through a groundbreaking internship program for young people who have been recently released from juvenile detention.

While technically a non-profit, this company has produced a $40 million dollar on a $4 million dollar investment, and it has done so by boldly seeking to solve a worthy problem.

This story builds on episodes 6 and 7 to show the dramatic impact even a small business can make when it embraces the power of stakeholder capitalism.

More information on Cafe Momentum, including reservations and mail-order products can be found at www.cafemomentum.org,

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