Masters of Scale
A more compassionate capitalism, with Cotopaxi’s Davis Smith
Feb 20, 2025
Davis Smith, founder of Cotopaxi, an outdoor brand dedicated to social justice, discusses the transformative power of business. He shares his journey of integrating purpose into a brand, highlighting lessons on team dynamics and the significance of gut feelings in entrepreneurship. Smith reveals the innovative 'Lobatical' program that enhances employee loyalty and explains his bold decision to step down as CEO to foster new leadership. With a vision of compassionate capitalism, he inspires listeners to embrace both adventure and social responsibility.
30:36
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Quick takeaways
- Davis Smith founded Cotopaxi out of necessity during an adventure race, leading to a unique brand identity focused on creativity and social impact.
- By stepping back from his CEO role to serve his church, Smith underscores the importance of aligning company leadership with core values and vision.
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