A Journey to Generate Impactful Profits
Wray Thorn
Partner & Founder of Focus Impact Partners | Founder & CEO of Clear Heights Capital | Co-Chair Youth INC
My journey to generate impactful profits for businesses began with a simple realization: great companies are built on the foundation of great people. One of the best ways to recruit and retain great people is to be a great employer. And one of the ways to have positive people impact is to create and foster great jobs.
This belief has been at the cornerstone of my professional activities, shaping my approach to building successful, scalable businesses: namely, investing in and creating great outcomes for people. I believe companies that create great outcomes for people, either their employees, their customers, or both, are more likely to win in their markets and can achieve greater financial success. As a result, we look for opportunities where positive people impact can be an alpha generator for financial return.?
My drive toward this approach started in 2016 when I began working on building what became Two Sigma Impact, inspired by a challenge to do something as a business in a for-profit way about a societal issue, namely the future of work. I began to study what others were doing in this area. TPG with The Rise Fund and Bain with the Double Impact Fund, for example, were building private equity-style investment businesses endeavoring to have a double-bottom line.
That objective continued to evolve over the next several years, and with help and inspiration from others, I’ve become focused on finding opportunities where companies can achieve increased financial success by contributing positively to the world. In fact, I believe that businesses generating impactful profits are capable of repeatable, scalable, and sustainable impact.?
Philanthropy, which also has an important role in addressing societal challenges, is wonderful, but it only extends so far as the philanthropist. Governments can also have a role in making an impact, but governments are often rife with many conflicts and issues. On the other hand, successful businesses can be self-sustaining and grow.?
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Successful companies that are growing and having a positive impact can make more of that impact. For example, by helping companies be better employers and have a better jobs strategy, they can recruit and retain excellent employees, have highly productive teams, and provide outstanding products and services to their customers. That’s a company that is highly likely to win in its market.?
I helped to found Focus Impact Partners in 2021, a private investment firm on a mission to amplify impact and generate impactful profits by bringing capital, expertise, and connections to socially forward companies.?
At Focus Impact Partners , we believe that financial success and positive impact are not mutually exclusive but mutually reinforcing. We’re endeavoring to bring a “double-bottom-line” approach to private investing by focusing on companies that are great in part because of their positive impact and where that impact can be an alpha generator to financial success.?
We aim to not only build a great investment business and create great outcomes for our stakeholders but also make a difference in the world.
Dad, Husband. Also: Connector | Community-Builder | Investor | Coach | Friend "I say, follow your bliss and don't be afraid, and doors will open where you didn't know they were going to be." -Joseph Campbell
9 个月So cool that you’re doing this, Wray Thorn! Couldn’t agree with you more. We need more like you, with the same mindset. Thank you for sharing your journey and I can’t wait to watch your continued success!
VP of Sales - Engage PEO | Partner To Commercial P&C Insurance and Employee Benefits Brokers & Agents | HR Compliance | HR Platform | Cost Effective HR Solutions | Talks about #HR, #HRServices, #Compliance, #HCM #HRIS
10 个月Great article; and meaningful work your firm is doing Wray. Hope you’re well!
Founder & CEO of Pressto. Previously built and scaled Northside Media and Brooklyn Magazine (both acquired). Leader in Applied AI, media and edtech.
10 个月Love this story. Wray Thorn you've been an amazing mentor and partner through the journey at Pressto where we're changing the future of writing instruction across K-12 education. Keep it up!
Private Equity | Growth Capital
10 个月There’s a lack of capital for mid market world positive companies. Focus Impact Partners is a critical investment firm for the impact space working with amazing investors and operators! Wray Thorn Ernest Lyles