Jeremy believes creating businesses as a force of good to leave the world better than we found it. While climbing society’s corporate ladder as an environmental consultant he felt the urge to live his own dreams so he started Open Mind Developments Corporation in 2007 to look at problems with an open mind for a different view, and solve them.
Seeing plastic litter on a beach inspired Jeremy to create the world’s first compostable phone case and Pela in 2011, to help solve the plastic waste problem. Pela recently created Lomi, a Smart Waste Appliance to help solve the food waste and plastic problem and is now creating a waste innovation category with a goal of eliminating 10 billions pounds of waste on their mission to create a waste free future.
Jeremy’s experience with self awareness, personal growth, going from zero to 1, going from employee to entrepreneur, the power of trust and a team, and the emotional side of business on his journey helps provide a guide for those who are ready to take action on their dreams, create their own personal legend and make the world a better place to be.
00:30 - Introduction
09:25 - Another reason that we liked about phones at high margins, so you could pay more for material, small product, put in the mail, ship it directly to consumers and you don't have to worry about the big gatekeepers and getting into retail with low margins. So that's how early on we overcame that, that margin difference. In the grand scheme of things, no, it's not that much more.
20:35 - In 2018, when the three of us partners came together, we really clarified our vision and our mission. Our mission, our crazy goal, was to create a waste free future by creating everyday products in an everyday way. So not just the product waste, but like packaging waste, and are we wasting energy or time? How can we use our product as a force of good and how can we support nonprofits? How can we build the most sustainable, environmentally friendly product or company in the world? So that was our basis point.
32:30 - We're not trying to solve the electrical grid generation issue. I believe, one day, we're gonna get there. It's going to be quicker, one day energy will be renewable. We've run all of the numbers, depending on if you're in Texas, or California, your carbon footprint is more or less. As long as you're not sending your end product to the landfill, it's a win. Because you're keeping it out of the landfill. It's either going in your backyard or in your farm or other place. So you're ahead from a carbon footprint standpoint, and we also are Climate Neutral certified. So we measure our carbon footprint every year. We try as best we can do our carbon footprint, but the stuff that we can't lower anymore, we purchased offsets, carbon credits. So when Lomi arrives at your door, all the manufacturing, all the transportation, and your phone case, you're at zero.
40:30 - In regards to landfill methane collection, it's good, but it's not as efficient yet. It's a good step forward. They're trying, anytime you're trying, I give everyone credit, because it's not easy. We all need to try to make those little steps
53:35 - Final Words Shown Below…
The first thing that came to mind is, are you, or are we being good ancestors? Are we leaving the planet better than we found it? You measure everything by that, like it could be as far as raising children or however you show up in the community, like brightening people's days. I think it sounds simple, but that is the most powerful thing and supporting companies who are also trying to do better. Hey, we're not perfect, but like companies, even big companies, if they're trying to make a little bit of a change, then at least try. I mean, we got to start somewhere, right? So yeah, that type of thinking,
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