In this episode, Steven Izen, founder and CEO of Lokai and ELEMENTS of Balance, talks about his experience as a young entrepreneur and his advice for people who want to start their own businesses. Starting his first company at the early age of 19, Steven came up with the idea for the company when his grandfather was diagnosed with Alzheimer’s and he was thinking about the highs and lows that everyone goes through in life. Lokai donates 10% of its profits to charity and, to date, has donated over 9.4 million to different nonprofit organizations.
Steven and Raul also talk about the company’s aim to do social work and how they maintain this passion within the team and company culture. The company makes sure to give back in various ways, whether it’s through their product or message. They want to be a company that is not only successful in profit, but also in their positive impact on the world.
Who’s The Guest?
Steven Izen is the founder and CEO of Lokai and ELEMENTS of Balance. He currently serves as the youngest member on the national board of the Make-A-Wish Foundation. He was named to the Forbes 30 Under 30 List for Retail and E-commerce in 2017, was the Ernst & Young Entrepreneur of the Year Awards Finalist in 2016, and graduated Cum Laude from Cornell University in 2013.
Episode Highlights
- Getting to know who Steven Izen is
- What got him started in entrepreneurship
- What makes Lokai different from other organization
- How he went from the idea concept to creating partnerships for Lokai
- The process of starting alone to working with teams
- What’s next for Steven and Lokai
Episode Resources
- Connect with Raul Hernandez Ochoa
- https://www.linkedin.com/in/dogoodwork/
- https://twitter.com/rherochoa
- https://dogoodwork.io/
- Connect with Steven Izen
- https://lokai.com/
- https://www.elementsofbalance.io/
- https://www.amazon.com/stores/ElementsofBalance/ElementsofBalance/page/4E002AAE-57E0-4327-9A0C-23C89BF92E80
- https://www.linkedin.com/in/steven-izen-5620323b
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