Episode Summary:
Eloise Hall and Isobel Marshall are the founders of Taboo, a social enterprise that sell organic cotton pads and tampons, with all profits going towards eradicating period poverty. The Eloise and Isobel were first introduced to the social enterprise model of business in 2016 while students at high school, and began designing what would become Taboo during the summer holidays before commencing their final year of high school. In their conversation with guest host Will Tjo, Eloise and Isobell discuss how social enterprises fit within the broader startup community, as well as some of the considerations unique to social enterprises when considering various options for raising funds, such as crowdfunding campaigns or more traditional venture capital.
Chapters:
00:00 Introduction to Day One Podcast
00:32 Meet Isobel Marshall and Eloise Hall
01:13 Overview of Taboo and its Mission
02:14 Founders' Background and Journey
02:51 Starting Taboo and Early Challenges
04:49 Building a Community and Gaining Support
07:15 Mentorship and Support in the Adelaide Ecosystem
09:02 Overcoming Age-related Challenges
11:11 The Importance of Young Perspectives in Entrepreneurship
12:39 The Role of Social Enterprises in the Economy
15:19 Funding and Investment Strategies for Social Enterprises
17:54 The Impact of Crowdfunding on Taboo's Success
20:45 Building a Supportive Community Around Taboo
21:21 Navigating Grants and Funding for Social Enterprises
22:44 The Need for Better Structures for Social Enterprises
24:01 Advice for Entrepreneurs and Founders
26:15 The Future of Taboo and Upcoming Projects
