The Conscious Capitalists

What happens when an organization removes all managers—and proves that freedom and accountability can thrive together? In this episode of The Conscious Capitalists, hosts Timothy Henry and Raj Sisodia sit down with Doug Kirkpatrick, founding financial controller at Morningstar—the world’s largest tomato processor—and a leading voice in the global movement for organizational self-management.Doug shares how Morningstar eliminated traditional hierarchies to build a self-managed system rooted in clarity, trust, and purpose. Drawing from his early experience that ignited a lifelong questioning of authority, Doug walks us through the foundational principles that continue to guide Morningstar’s success—from dynamic budgeting to emergent leadership and personal responsibility.As self-management principles spread across industries and sectors, Doug reflects on the broader potential of this approach to not only transform how organizations operate—but to reshape how we live, lead, and relate to one another. His insights reveal how empathy, courage, and radical trust can redefine capitalism for the better.Listeners will gain insights into:How Morningstar functions without bosses or traditional hierarchyThe first-grade moment that inspired Doug’s journey toward self-managementThe mechanics of dynamic budgeting and decentralized decision-makingWhy empathy and natural leadership are essential in self-managed teamsHow self-management fosters agility, resilience, and innovationThe personal and societal impact of values-based, self-led systems**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction and Welcome00:42 Introducing Doug Kirkpatrick02:15 Doug's First Grade Story04:10 Morningstar and Self-Management Principles07:27 Implementing Self-Management at Morningstar09:22 Financial Management in a Self-Managed Enterprise17:05 The Role of Leadership and Natural Leadership20:47 Hiring and Empowerment in a Self-Managed Organization24:55 Commitments and Colleague Letters of Understanding31:39 Intensive Onboarding and Continuous Development33:06 Innovative Organizational Models34:23 Exploring Holacracy and Simple Rules37:14 Impact of Self-Management Beyond Work40:13 Morningstar's Resilience During COVID-1943:05 Handling Business Challenges and Legal Issues45:21 Self-Management and Conscious Capitalism50:40 Leadership and Empathy in Self-Management59:17 Rapid Fire Questions and Closing Thoughts

What happens when a business puts purpose before profit—and proves that the two can grow together? In this episode of The Conscious Capitalists, hosts Timothy Henry and Raj Sisodia sit down with Tim Eaves, co-founder and CEO of Quad Pack, a global beauty packaging company redefining industry norms through radical collaboration, sustainability, and conscious leadership.Tim shares how Quad Pack grew from a small packaging operation in 2003 to a B Corp-certified global manufacturer, all while holding fast to a mission of doing business differently. From fostering industry-wide cooperation to driving forward eco-innovation and launching the Quad Pack Foundation for community impact, Tim’s approach illustrates how values-led leadership can drive resilience and growth—even in the face of disruption.Listeners will gain insights into:What it takes to scale a business with purposeHow Quad Pack embraced sustainable packaging innovationThe importance of collaboration over competition in traditional industriesHow companies can stay resilient during crises like natural disastersEmpowering the next generation through mentorship and education initiativesWhether you’re an entrepreneur, corporate leader, or simply curious about how capitalism can evolve, this episode is a masterclass in leading with integrity and intention.**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction and Greetings00:33 Meet Tim Eves: A Journey in Beauty Packaging01:37 The Quad Pack Story: Collaboration and Growth13:53 Sustainability and Innovation in Packaging18:54 Challenges and Triumphs: Stories of Resilience29:26 Human-Centric Business Approach29:49 Integrating Cultures in a Larger Organization34:23 The Journey to B Corp Certification42:43 Supporting Vulnerable Youth through Business49:01 Reflections on Conscious Leadership

What happens when you combine trust, tech, and a deep commitment to doing business the right way? You get Curtis Hite, CEO and Chairman of Improving, a software consulting company that’s turning heads—not just for their tech chops, but for how they treat people.In this episode of The Conscious Capitalists, Timothy Henry and Raj Sisodia chat with Curtis about his inspiring journey from the high-stakes world of Enron to becoming a champion of Conscious Capitalism. He shares how a few key moments—including a powerful Speed of Trust event and attending the Conscious Capitalism CEO Summit—changed the way he leads and lives.Curtis gets real about the need to change the game in tech, especially when it comes to creating more space for Hispanic, Black, and female professionals in an industry that desperately needs more diversity, equity, and inclusion. He talks about what it takes to build a business that people actually want to work for—think profit-sharing, transparency, and a big helping of trust.From surviving corporate chaos to learning how to lean into pain (yes, really), Curtis doesn’t hold back. He even shares his morning routine and the books that keep him grounded. This episode is packed with personal stories, powerful leadership lessons, and a refreshing dose of optimism for what capitalism can look like when it’s done consciously.**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction to Improving's Mission00:50 Welcome to The Conscious Capitalists01:22 Introducing Curtis Hite02:49 Curtis Hite's Journey to Conscious Capitalism05:45 Implementing Conscious Capitalism at Improving09:21 Curtis Hite's Entrepreneurial Beginnings11:50 Using Negative Emotions for Growth16:20 Overcoming Business Challenges23:12 Trust and Leadership at Improving25:30 Stakeholder Philosophy and Community Engagement30:59 The Secret to Employee Engagement31:15 Balancing Freedom and Equality in Business32:15 Inspiration Over Obligation33:02 Spirituality in Leadership35:36 Celebrating and Elevating Capitalism39:35 The Role of Stakeholders43:08 Addressing Diversity and Inclusion46:15 Profit Sharing and Employee Ownership53:00 Preparing for Economic Uncertainty55:40 Rapid Fire Questions and Closing Remarks

For Sonya Gafsi-Oblisk, business has never just been about what's on the shelves—it’s about creating real connections, building trust, and staying true to a higher purpose. As Chief Merchandising and Marketing Officer at Whole Foods Market, Sonya brings a modern, customer-first perspective to one of the world’s most iconic conscious brands.In this episode, Sonya walks us through her career journey—from the high-energy environments of PepsiCo and Walmart to her leadership role at Whole Foods. She shares what it truly means to put customers—and the planet—at the center of every decision. From their unwavering commitment to quality standards to innovations like the Seafood Code of Conduct, Sonya offers an insider’s view into how purpose continues to guide the company's strategy and culture.We also explore how Whole Foods is evolving its digital experiences while staying rooted in its founding values, and what it takes to maintain a strong, authentic culture following the retirement of co-founder John Mackey. Throughout the conversation, Sonya reflects on Whole Foods’ larger mission: not just selling groceries, but nourishing people and the planet—and how that mission is more relevant than ever.If you’re curious about how a global brand can grow, innovate, and still lead with heart, Sonya’s story offers powerful lessons in what conscious leadership looks like in action.**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction to Higher Purpose and Leadership Transition01:13 Meet Sonya: Whole Foods' Chief Merchandising and Marketing Officer02:48 Sonya's Journey and Marketing Philosophy05:33 Whole Foods' Commitment to Quality and Conscious Marketing33:41 Sustaining a Conscious Company34:30 Transition and Culture Nurturing36:41 Growing with Purpose Initiative39:54 Conscious Leadership Insights44:18 Whole Foods Foundation and Merchandising Strategy

Can a coffee company become a force for human dignity, equity, and global transformation?Bob and Michelle Fish of Biggby Coffee share how they turned a moment of internal reckoning into a bold reimagining of their entire business. What began as a thriving franchise built on smiles and slogans took a sharp turn when they realized that their “happy culture” lacked depth—and impact. That wake-up call led them to embrace conscious capitalism as a way of doing business with integrity. Bob and Michelle walk us through the evolution of their mission—from chasing growth to centering relationships, purpose, and long-term value for everyone in their ecosystem.They dive into the creation of their Farm Direct model, a powerful shift designed to eliminate exploitation in the coffee trade and connect more meaningfully with farmers on the ground. Along the way, they reflect on how their international perspectives helped shape a leadership style that honors both local communities and global interdependence.If you’re curious about what it truly means to lead with purpose, rewrite your company’s story, and stay accountable to every stakeholder along the way—this episode is for you.**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction and Guest Overview01:51 The Journey to Conscious Capitalism04:27 Implementing Conscious Capitalism12:56 Challenges and Adaptations17:04 One Big Island in Space Initiative24:23 Big B's Coffee Journey25:46 Challenges in Coffee Production28:06 Connecting Consumers and Producers33:25 The Business Case for Ethical Coffee38:53 Personal Reflections and Rapid Fire Questions

For Paul Rice, ethical business isn’t just an ideal—it’s a movement that reshapes industries, empowers farmers, and transforms global supply chains. As the founder of Fair Trade USA, he has spent decades championing conscious consumerism, proving that profit and purpose can go hand in hand.In this episode, Paul takes us on a journey through the origins of Fair Trade USA, sharing his firsthand experiences in Nicaragua that shaped his vision. He explores the philosophy and certification process behind Fair Trade, the complexities of working with major corporations like Starbucks, and the crucial role of consumer awareness in driving sustainable change.The conversation highlights the importance of long-term thinking in responsible business, the challenges of scaling ethical sourcing, and how conscious capitalism can help businesses align with values-driven consumers. Paul’s insights offer a compelling case for why standards and certifications matter—and how they can create lasting impact in the world economy.**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction to Conscious Capitalism00:32 Meet the Hosts and Special Guest02:21 Understanding Fair Trade04:18 The Rise of Conscious Consumerism18:58 Paul Rice's Journey and Fair Trade Impact31:01 Starbucks and Fair Trade: A Missed Opportunity32:44 The Evolution of Fair Trade USA35:04 Corporate America's Shift in Supply Chain Mentality37:57 Challenges and Solutions in Certification52:02 Personal Stories and the Impact of Fair Trade

For Elina Teboul, leadership isn’t just about strategy—it’s about embracing the full spectrum of human intelligence to drive innovation, build psychological safety, and foster inclusive workplaces. In her new book, Feminine Intelligence, she reveals how integrating both feminine and masculine traits can unlock creativity, enhance decision-making, and create more resilient business leaders.She dives into the resistance to feminine intelligence, the historical roots of gendered leadership styles, and why balancing these energies is crucial for navigating uncertainty in today’s fast-changing world. Teboul also explores the power of conscious leadership—leaders who can manage fear, inspire collaboration, and cultivate high-performing teams.Beyond leadership, she shares insights into how psychedelic-assisted therapies can deepen self-awareness and healing, leading to more authentic and effective leadership. **If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction to Psychological Safety00:41 Meet the Hosts: Timothy and Raj01:02 Introducing Special Guest: Elina Teboul02:31 Exploring Feminine Intelligence04:10 The Balance of Masculine and Feminine Traits07:06 Challenges and Pushbacks12:21 Feminine Intelligence vs. Feminism14:35 The Importance of Integrated Leadership20:20 Men and Feminine Intelligence28:59 Personal Stories and Mentorship29:54 Living Through Apartheid: A White Man's Perspective30:33 Empowering Black Entrepreneurs: The Birth of E Squared32:11 Conscious Capitalism in Action33:56 Navigating Uncertainty: The Role of Conscious Leadership35:27 The True Model of Leadership36:21 Balancing Profits and Purpose37:56 Creating Psychological Safety in Teams41:04 The Importance of Feminine Intelligence48:35 Healing Childhood Wounds for Better Leadership49:33 The Power of Psychedelic Therapy

What does it take to build over 50 companies while staying true to purpose-driven business principles?For Matthew O’Hayer, entrepreneurship isn’t just about business success—it’s about passion, purpose, and making a meaningful impact. Matt shares how a simple observation on his farm—watching free-range chickens thrive—led to the creation of a company that prioritizes humane treatment, ethical sourcing, and superior-quality eggs at Vital Farms. He dives into the challenges of scaling a purpose-driven business, the importance of trust with stakeholders, and how conscious capitalism has shaped his approach to leadership. Beyond business, Matt opens up about his diverse interests, from sailing to flying, and the mindset that fuels his entrepreneurial drive. The conversation also touches on the future of food, conscious consumerism, and what it takes to build a lasting, impact-driven company.**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Building Trust and Reputation01:06 Meet Matthew O'Hayer: Serial Entrepreneur03:04 The Birth of Vital Farms08:01 Challenges and Successes in the Egg Industry29:57 Learning on the Job: The Early Days30:45 Navigating the Egg Market33:17 The Food System and Conscious Capitalism37:55 Building Trust with Consumers41:46 Future Vision and Personal Insights

Imagine leading a company that serves over 10 million patients annually—while ensuring it remains one of the best places to work.For Shane Jackson, President of Jackson Healthcare, purpose and conscious leadership aren’t just ideals—they’re at the heart of his business. In this episode, Shane shares how aligning personal values with organizational culture has driven Jackson Healthcare’s success.He also dives into his latest book, This is the Thing about Life, Joy, and Owning Your Purpose, which explores finding joy through purpose—starting with a powerful reflection on mortality. Plus, he reveals his strategies for fostering leadership, building a purpose-driven company, and launching philanthropic initiatives like Love Lifts Village and Go Beyond Profit.If you’re passionate about integrating purpose into leadership and business, this episode is for you!**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction and Guest Welcome01:37 Shane Jackson's New Book and Personal Insights05:52 Reflections on Life and Death09:06 Leadership and Organizational Culture20:00 Acquisitions and Business Strategy35:19 Rediscovering Purpose in Healthcare36:54 The Joy of Purpose40:10 Caring for Caregivers42:58 Guiding the Next Generation50:12 Philanthropy and Conscious Capitalism

Imagine starting a business in your parents’ basement, winning Richard Branson’s Rebel Billionaire, and then turning your crazy idea—giant, overstuffed bean bags—into a $700 million furniture empire. Sounds like a movie, right? But for Shawn Nelson, it was just the beginning. He shares the highs, the lows, and the “what-was-I-thinking” moments that shaped LoveSac’s success, from near disasters to game-changing breakthroughs. Plus, he reveals how his ‘Designed for Life’ philosophy is shaking up an industry built on disposable furniture. If you love stories about bold ideas, big risks, and building a business that actually makes a difference—this one’s for you!**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction and Early Struggles00:36 Welcome to the Conscious Capitalists00:58 Meet Shawn Nelson, CEO of Lovesac03:01 The Origin Story of Lovesac06:27 Challenges and Triumphs14:50 The Branson Show Experience19:35 Failures and Lessons Learned23:00 Business Strategy and Conscious Capitalism32:05 The Journey of Self-Awareness34:21 Self-Awareness and Leadership37:27 Morning Routine and Meditation39:44 Building a Conscious Team42:28 Leadership Development and Culture46:47 Influential Books and Required Reading54:14 Public Company Challenges and Sustainability01:04:29 Final Thoughts and Reflections