Blake Mycoskie Explained

Blake Mycoskie
Birth Date:26 August 1976
Birth Place:Arlington, Texas, US
Education:Southern Methodist University
SMU Cox School of Business
Occupation:Entrepreneur
Organization:TOMS shoes
Notable Works:Start Something That Matters
Television:The Amazing Race 2
Children:3

Blake Mycoskie (born August 26, 1976) is an American entrepreneur, author, and philanthropist. He is the founder of Toms Shoes[1] and co-founder of Madefor.[2]

Early life and education

Mycoskie was born in Arlington, Texas, to Mike Mycoskie, an orthopaedic surgeon, and Pam Mycoskie, an author. After first attending Arlington Martin High School, he graduated from St. Stephen's Episcopal School in Austin in 1995. Mycoskie, who began playing tennis when he was 10, attended Southern Methodist University on a partial tennis scholarship in 1995, and elected a dual major in philosophy and business.[3] After an Achilles tendon injury he sustained as a sophomore, which effectively ended his tennis career, Mycoskie left SMU and launched his first business, EZ Laundry.[4] Originally focused on SMU, which had no on-campus dry cleaning service, EZ Laundry expanded, ultimately employing more than 40 people, servicing three universities, and generating approximately $1 million in sales.[5] Mycoskie sold the company to his partner in 1999.

Career

After college, Mycoskie moved to Nashville and founded Mycoskie Media, an outdoor billboard company that focused mainly on marketing country music. The company was quickly profitable, and was bought by Clear Channel nine months after its launch.[6]

In 2001, Mycoskie and his sister, Paige Mycoskie, applied for the cast of Survivor. A member of the Survivor production team told them about The Amazing Race, which had yet to debut, and they instead pursued a team position on that show. They competed in the second season of The Amazing Race and finished in third place, missing a million dollar prize by four minutes.[7] Mycoskie moved to Los Angeles later that year.[8]

In Los Angeles, Mycoskie co-founded the cable network Reality Central with Larry Namer, a founder of E! Entertainment Television. Raising $25 million from venture capitalists, along with other members of reality show casts,[9] the network launched in 2003 with a plan of airing original content and re-runs of reality programming.[10] Although the network had moderate success, it folded in 2005 after Rupert Murdoch launched the Fox Reality Channel and outbid Reality Central for advertisers and programming.[11] Determined to pursue an entrepreneurial path, Mycoskie then partnered with the founders of TrafficSchool.com to create DriversEd Direct, an online driver's education service which additionally offered behind-the-wheel training in hybrid and sport utility vehicles. To promote DriversEdDirect, he created Closer Marketing Group, a Santa Monica-based marketing firm specializing in brand development and viral marketing.[12]

Mycoskie visited Argentina on vacation in 2006. While there, he met an American woman who was part of a volunteer organization that provided shoes for children in need. Mycoskie spent several days traveling from village to village with the group, as well as on his own. "[I witnessed] the intense pockets of poverty just outside the bustling capital", he wrote in a 2011 article for Business Insider. "It dramatically heightened my awareness. Yes, I knew somewhere in the back of my mind that poor children around the world often went barefoot, but now, for the first time, I saw the real effects of being shoeless: the blisters, the sores, the infections."[13]

Inspired, Mycoskie returned to the United States and founded Shoes for Better Tomorrows. Designed as a for-profit business that could give new shoes to disadvantaged children, the company would donate a new pair of shoes for every pair of shoes sold. An early example of social entrepreneurship, the shoes, similar to the Argentinian Alpargata, were created to appeal to a worldwide audience, which would both sustain the company's mission and generate profit.[14] [15] Shoes for a Better Tomorrow, later shortened to Toms,[16] was started in 2006; by 2013, the company had donated more than 10,000,000 pairs of shoes to people in need.[17] The shoes are sold globally in more than 1000 stores.[18]

In 2011, Toms expanded to include eyeglasses in its "one for one" offering—for every pair of sunglasses purchased, sight-saving medical treatment, prescription glasses, or surgery is donated to a person in need.[19] While Mycoskie conceived the idea, a "Sight Giving Partner", the Seva Foundation, was contracted to administer the actual program, which launched in Nepal, Tibet, and Cambodia.[20] In a 2012 interview with Fast Company, Mycoskie said it was helpful for him to work with Seva. "I've been there when (people have had) surgery ... and I've handed out the glasses. But as Toms grows, it has to be less about 'What's Blake's most intimate, joyful experience?' and more about 'What's the great need?'"[21]

Mycoskie published the book Start Something That Matters in 2011. In it, he wrote about the virtues of social entrepreneurship and the concept of businesses using their profits and company assets to make charitable donations or engage in other charitable efforts, using his experience with Toms to demonstrate both the intangible and real returns.[22] For every copy of Start Something That Matters sold, Mycoskie promised to give a children's book to a child in need.[23] Fifty percent of royalties from the book were then used to provide grants to up-and-coming entrepreneurs,[24] and Mycoskie increased this to 100% in late 2012.[25] The book became a New York Times best-selling business book,[26] and a number one New York Times best-seller in the advice category.[27]

At SXSW in 2014, Mycoskie announced the launch of Toms Roasting Co., a company which offers coffee sourced through direct trade efforts in Rwanda, Honduras, Peru, Guatemala, and Malawi. Toms Roasting Co. will donate a week of water to people in need in supplier countries for every bag of coffee sold. In 2014, Mycoskie announced that Toms would launch an additional "one for one" product every year.[28] [29]

In August 2014, Mycoskie sold 50% of Toms to Bain Capital, retaining his role as Chief Shoe Giver. In a company press release, he said: "In eight short years, we've had incredible success, and now we need a strategic partner who shares our bold vision for the future and can help us realize it." He will donate 50% of the profits from the sale to establish a fund that identifies and supports social entrepreneurship and other causes. Bain committed to matching Mycoskie's donation to the fund, and will continue the one for one business model.[30] [31] [32]

Mycoskie, with Pat Dossett, launched a wellness program called Madefor in March 2020. It is a subscription-based program that helps users adopt sustainable habits of body and mind; and develops lifestyle changes through practice-oriented monthly kit service. The kits are based on different scientific topics, and contain the literature along with a physical tool to monitor progress of the users' shift in behavior and mindset.[33]

The Amazing Race

See main article: The Amazing Race 2. in January 2002, Mycoskie competed on the second season of the CBS adventure reality show The Amazing Race with his younger sister Paige. The two reached the final leg of the race and finished in third place.[34]

The Amazing Race 2 finishes

Roadblocks performed by Blake are bolded

EpisodeLegDestination(s)Detour choice (underlined)Roadblock performancePlacementNotes
11United StatesBrazilMountain/BeachNo Roadblock4th of 11
22BrazilFreak Out/Seek OutPaige9th of 10
33BrazilSouth AfricaDance/DeliverBlake5th of 9
44South Africa → NamibiaSlide/StrideBlake4th of 8
55Namibia → ThailandConfusion now/Confusion laterBlake4th of 7
66ThailandBoat/BeastBlake3rd of 6
77Thailand → Hong KongWishing tree/Herbal teaBlake5th of 6
88Hong KongAustraliaDragon/LionBlake
9AustraliaCool down/Heat upPaige2nd of 5
910AustraliaNew ZealandUsed fast forward1st of 4
1011New ZealandDrop/ClimbPaige2nd of 4
1112New ZealandUnited StatesBike/WalkBlake1st of 3
13United StatesNo DetourBlake3rd of 3
Notes

Personal life

Mycoskie lives in Jackson, Wyoming.[35] He divorced his ex-wife, Heather Lang in 2020. They have one son, Summit, and one daughter, Charlie.[36] [37] Mycoskie also provides financial support to Wubetu Shimelash, a young boy from Ethiopia. He has been Shimelash's financial benefactor, supporting his education.[38]

Mycoskie is an avid golfer, fly fisher, surfer[39] and adventure athlete,[40] who enjoys rock climbing[41] and polo.[42] He is an investor at Urban Golf Performance,[43] and Athletic Brewing Company;[44] and was a participant of the Sexiest Bachelor in America Pageant.[45]

Awards and honors

External links

Notes and References

  1. Web site: Hubbard. Kelsey. Sole Man Blake Mycoskie. January 7, 2012. The Wall Street Journal. March 7, 2014.
  2. Web site: Phelps. Nicole. Blake Mycoskie Is Flourishing—And You Will Too If You Try His New Wellness Program, Madefor. October 5, 2020. Vogue. May 15, 2020 . en-us.
  3. Web site: Shambora. Jessica. How Toms Shoes founder Blake Mycoskie got started. March 16, 2010. CNN. March 9, 2014. https://web.archive.org/web/20140309054114/https://money.cnn.com/2010/03/16/smallbusiness/toms_shoes_blake_mycoskie.fortune/. March 9, 2014. dead.
  4. Web site: Grigsby Bates. Karen. 'Soul Mates': Shoe Entrepreneur Finds Love In Giving. November 26, 2010. NPR. March 7, 2014.
  5. Web site: Wong. Grace. Blake Mycoskie: Sole ambition. September 26, 2008. CNN. March 7, 2014. https://web.archive.org/web/20140309011424/http://edition.cnn.hu/2008/BUSINESS/09/26/mycoskie.profile/index.html. March 9, 2014. dead.
  6. Web site: Amred, Imam. Vikram Alexi Kansara. Founder Stories Blake Mycoskie of Toms on Social Entrepreneurship and Finding His 'Business Soulmate'. July 29, 2013. Business of Fashion. March 7, 2014. March 16, 2015. https://web.archive.org/web/20150316203200/http://www.businessoffashion.com/2013/07/founder-stories-blake-mycoskie-of-toms-on-social-entrepreneurship-and-finding-his-business-soulmate.html. dead.
  7. Web site: Sire. Brigitte. Saving Soles. April 1, 2009. . March 7, 2014. https://web.archive.org/web/20140309024813/http://www.hemispheresmagazine.com/2009/04/01/blake-mycoskie-saves-the-world-step-by-step/. March 9, 2014. dead.
  8. Web site: Executive Profile: Blake Mycocksie. March 7, 2014. Bloomberg Businessweek. March 7, 2014.
  9. Web site: Colao. J.J.. The Trials Of Entrepreneurship: Toms Founder Blake Mycoskie On Starting Up Again ... And Again. March 3, 2014. Forbes. August 6, 2016.
  10. Web site: Sellers. Andrea. Former 'The Amazing Race' contestant Blake Mycoskie announces all-reality 'Reality Central' television network. April 28, 2003. Reality TV World. March 7, 2014.
  11. News: Get to the top with Mycoskie's 5 tips. September 26, 2008. CNN . March 7, 2014.
  12. Web site: Blake Mycoskie, Contributor Profile. 2014. HuffPost. March 7, 2014.
  13. Web site: Mycoskie. Blake. Blake Mycoskie Conceived The Idea For Toms Shoes While Sitting On A Farm, Pondering Life, In Argentina. September 21, 2011. Business Insider. March 7, 2014.
  14. Web site: Zimmerman. Mike. The Business of Giving: Toms Shoes. 2013. Success. March 7, 2014.
  15. Web site: Burstein. David D.. Blake Mycoskie, Founder and Chief Shoe Giver of Toms Shoes. 2008. Fast Company. March 7, 2014.
  16. Web site: Schweitzer. Tamara. The Way I Work: Blake Mycoskie of Toms Shoes. 2010. Inc.. March 7, 2014.
  17. Groden. Claire. Toms Hits 10 Million Mark on Donated Shoes Read more: Toms Hits 10 Million Mark on Donated Shoes. June 26, 2013. . March 7, 2014.
  18. Web site: 40 Under 40. 2011. CNN. March 7, 2014.
  19. Web site: Moore. Booth. Toms founder Blake Mycoskie is known for pairing fashion and causes. June 11, 2011. . March 7, 2014.
  20. Web site: Garton. Christina. Toms' Blake Mycoskie announces next one-to-one product for charity. June 8, 2011. USA Today. March 7, 2014.
  21. Web site: Clendaniel. Morgan. Toms Glasses: The Newest Buy-One-Give-One Product from Toms Shoes. June 7, 2011. Fast Company. March 7, 2014.
  22. News: Interview with Blake Mycoskie the Author of 'Start Something That Matters' . . September 7, 2011 . February 5, 2013 . Kerima Greene.
  23. News: Q&A with Toms shoes Founder Blake Mycoskie . QMI Agency . . August 4, 2011 . February 5, 2013. QMI Agency .
  24. Toms Shoes CEO Blake Mycoskie On Social Entrepreneurship, Telling Stories, And His New Book . September 5, 2011 . . February 5, 2013 . Ariel Schwartz.
  25. News: Ezine.com . Change the World – Start Something That Matters . Sandi Gordon . January 3, 2013.
  26. News: Hardcover Business Books . February 5, 2013 . October 2011 . The New York Times.
  27. News: Reprint of New York Times best-seller list . February 5, 2013 . September 16, 2011.
  28. News: Strom. Stephanie. Turning Coffee Into Water to Expand Business Model. March 11, 2014. The New York Times. March 12, 2014.
  29. Web site: Graham. Jefferson. SXSW Toms Expands to Coffee. March 12, 2014. USA Today.
  30. News: De La Merced. Michael J.. After Sale to Bain, Toms's Chief Wants to Expand Global Reach. August 21, 2014. The New York Times. August 20, 2014.
  31. News: Healy. Beth. Bain Capital buys 50 percent of company that donates shoes. August 21, 2014. Boston Globe. August 20, 2014.
  32. Fell. Jason. Toms Lands Major Investment From Bain Capital. August 21, 2014. . August 20, 2014.
  33. Web site: Dishman. Lydia. March 4, 2020. 'Modern living is tough': Toms founder launches a wellness kit inspired by his own struggles. October 5, 2020. Fast Company. en-US.
  34. Web site: The Amazing Race 2 .
  35. Web site: Robyn . Vincent . Winter 2019–2020 . Tomorrow's Courage Today . Jackson Hole Snowboarder Magazine . 15 . 89–92 . October 5, 2020 . Issuu.
  36. Web site: Moore. Booth. Toms Shoes: A Venice shoe-in. December 23, 2012. Los Angeles Times. March 7, 2014.
  37. Web site: Abkowitz. Alyssa. How CEO Dads Cope with Paternity Leave. Fortune. August 16, 2015. June 17, 2015.
  38. Web site: Henson. Maria. October 3, 2018. Walking With the Hope. October 5, 2020. Wake Forest Magazine. en-US.
  39. Web site: Moxley. Mitch. 20 Minutes With: Toms Shoes Founder Blake Mycoskie, Whose New Company Takes Aim at Physical and Mental Health. October 5, 2020. barrons.com. en-US.
  40. Web site: Blake Mycoskie, Toms Shoes founder, on playing in the AT&T Pro-Am, downing beers before a tee time, and his ambitious anti-gun violence campaign. October 5, 2020. Golf Digest. en.
  41. Web site: December 13, 2016. Blake Mycoskie on How Travel Can Inspire Selflessness. October 5, 2020. . en-US.
  42. Web site: February 12, 2016. Blake Mycoskie, founder of Toms, on the power of entrepreneurship. October 5, 2020. Sporteluxe.
  43. Web site: August 1, 2018. How This Game-Changing Golf Performance Facility Landed Blake Mycoskie As an Investor. October 5, 2020. Destination Luxury. en-US.
  44. Web site: Furnari. Chris. Leading Non-Alcoholic Beer Maker Athletic Brewing Closes $17.5 Million Series B Round Backed By Darren Rovell And Blake Mycoskie. October 5, 2020. Forbes. en.
  45. Web site: The Sexiest Bachelor in America. October 5, 2020. tcm.com. en.
  46. Web site: The Cannes Lionheart Award 2016 goes to Toms founder, Blake Mycoskie. October 6, 2020. en-US.
  47. Web site: Chelsea Clinton, Vice Chair of the Clinton Foundation. 677 Huntington Avenue. Boston. Ma 02115 +1495‑1000. March 31, 2015. Voices in Leadership. January 3, 2019.
  48. Web site: Next Generation Award. 677 Huntington Avenue. Boston. Ma 02115 +1495‑1000. March 4, 2015. Fellowship Celebration. January 3, 2019.
  49. Web site: Kay. Andrea. How to enthrall an audience when you speak. January 25, 2013. USA Today. March 7, 2014.
  50. Web site: Philanthropist Blake Mycoskie will receive ISPA Humanitarian Award. May 29, 2013. Smart Brief. March 7, 2014. March 9, 2014. https://web.archive.org/web/20140309023657/http://www.smartbrief.com/05/29/13/philanthropist-blake-mycoskie-will-receive-ispa-humanitarian-award. dead.
  51. Web site: 40 Under 40 – Blake Mycoskie. October 25, 2011. Fortune. March 7, 2014.
  52. Web site: Person of the Week: Toms Shoes Founder Blake Mycoskie. April 8, 2011. ABC News. March 7, 2014.
  53. Web site: Mycoskie. Blake. Toms Shoes Accepts the Secretary of State's 2009 ACE Award. December 10, 2009. HuffPost. March 7, 2014.
  54. Web site: America's Most Promising Social Entrepreneurs. https://web.archive.org/web/20090406121707/http://images.businessweek.com/ss/09/04/0403_social_entrepreneurs/26.htm. dead. April 6, 2009. 2008. Bloomberg Businessweek. March 7, 2014.
  55. Web site: Ingrassia. Lisa. He Gave 50,000 Kids Their First Pair of Shoes. September 10, 2007. People. March 7, 2014.
  56. Web site: Toms Shoes Win the 2007 People's Design Award (Press release). October 19, 2007. . March 7, 2014. https://web.archive.org/web/20140309024204/http://www.cooperhewitt.org/press/2012/08/10/toms-shoes-win-2007-people%E2%80%99s-design-award. March 9, 2014. dead.