Marcus is an entrepreneur, researcher and writer, Chief Operating Officer of New Foundation Farms, a UK agri-food enterprise on a mission to disrupt the entire ‘farm to fork’ journey: yep, that’s breaking and remaking everything that’s wrong and harmful about how you get your food.
In this episode, we talk regenerative business - work which creates life not destroys it - the travails of entrepreneurial life more generally, and embracing the end of your start up or company as a means to renew it….
Welcome to Peripheral Thinking, a series of conversations with
Speaker:entrepreneurs, advisors, activists, and academics, intending to inspire
Speaker:and maybe challenge you with ideas from the margins, the periphery.
Speaker:Why?
Speaker:Cuz that's where the ideas which will shape tomorrow are hiding today,
Speaker:on the margins, on the periphery.
Speaker:This week, I spoke to, uh, Marcus Marcus link.
Speaker:Uh, Marcus described himself as a cultural creative, a phrase
Speaker:I borrowed and liked very much.
Speaker:He's an entrepreneur researcher and writer.
Speaker:He's co-founder and director and, and, uh, the Chief Operating Officer of New
Speaker:Foundation Farms, an a regenerative disruptor enterprise in the UK agri food
Speaker:sector with the mission of establishing regenerative agriculture at scale, by
Speaker:transitioning farming practices from unprofitable environmental problem
Speaker:to a profitable ecological solution.
Speaker:In November, 2020, the food farming and countryside commission in the
Speaker:UK published the report, Farming Smarter, the case for agro ecological
Speaker:enterprise, which Marcus co-authored and which is based on his research.
Speaker:As a writer, Marcus's special interest is in the theme of human becoming,
Speaker:and he publishes his essays, poems and stories, exploring the inner
Speaker:journey on his blog foolsjourney.me.
Speaker:Marcus, welcome to Peripheral Thinking.
Speaker:uh, great pleasure to be here, Ben.
Speaker:Thanks so much for the invitation.
Speaker:You're very welcome.
Speaker:Now, maybe you can give us just a little sort of potted history of of who you
Speaker:are and what brings you to where you are today, as potted as that can be.
Speaker:Yeah, I'll do my very best may.
Speaker:Maybe just start with how I'd describe myself in my own thinking today.
Speaker:I consider myself to be a writer, a researcher, and an entrepreneur.
Speaker:And in 1, 1, 1 aspect of my life's journey has been to to live through
Speaker:such paradoxes and then discover that actually these paradoxes have a level
Speaker:at which they are integrated and they just express themselves in different
Speaker:arenas of life in different ways.
Speaker:The challenge that remains then is how do I make time or for one or the other and
Speaker:and find the space and time to do it all?
Speaker:Underneath these three pillars, if you want, maybe at a higher
Speaker:level is something that Paul Ray in 2000 called the cultural creative.
Speaker:And I'm just gonna quote a little bit there from what that
Speaker:means, because I think many may recognize this kind of impulse.
Speaker:and cultural creatives are people who see careers, which are fulfilling
Speaker:and provide meaningful contribution to their communities or the world
Speaker:at large because of their emphasis on growth and development, cultural
Speaker:creatives can be found reading often.
Speaker:So, what I do is very much tied to a restless curiosity.
Speaker:I, I want to know about things and that often leads to the confrontation
Speaker:with the world as it is today, because there is that sense.
Speaker:Oh, it could be different.
Speaker:So how do we go about that?
Speaker:And the cultural creative is not satisfied with the status quo as the best solution.
Speaker:And I think the world that we live in and the the emergencies we're
Speaker:facing, like climate emergency but a whole host of other things come
Speaker:together to this interconnect.
Speaker:Web of crises.
Speaker:And the question is, how do we confront these, uh, cuz we can't confront them
Speaker:at the level that we created them.
Speaker:so with that little entree, entrepreneur is an important
Speaker:word for your podcast series.
Speaker:So I thought I'd reflect a little bit on that.
Speaker:May, maybe my life began entrepreneurially, not necessarily in
Speaker:the business sense, but I was born in Ireland, although my parents are German
Speaker:and English and that's because my father was at the university of Galway back then.
Speaker:And shortly after I was born, we did return to Germany and I was,
Speaker:I went to school there, grew up generally, and I then later moved
Speaker:to the UK where I completed a degree with the Open University.
Speaker:And that's also an aspect of entrepreneurship is that I tried several
Speaker:bricks and mortar universities and with different subjects, but ultimately since
Speaker:my mid-teens, I've always been involved in projects and actually working with people,
Speaker:earning my own money has been a really important thing about my own identity.
Speaker:So how different forms from self-employment to employment and owning
Speaker:a company and paying dividends and so forth, have experimented with all of
Speaker:that as at the same time as uh, being interested in different kinds of things.
Speaker:So my entrepreneurial journey from when I was 18, I started a company
Speaker:that printed uh, T-shirts for sports clubs and school levers.
Speaker:Now culminates in its latest iteration in New Foundation Farms, an organization
Speaker:that sets out to be a disruptor enterprise in the UK agri food space.
Speaker:We believe that it's not good enough to continue the status
Speaker:quo in food and farming.
Speaker:It's a major contributor to many of the challenges on the ecological,
Speaker:economic and social fronts.
Speaker:And, uh, we've developed a model with which we might change that, at
Speaker:two ends, at least the production end and the distribution end, the
Speaker:interaction with the customer.
Speaker:Another way of describing myself is that I'm a serial entrepreneur
Speaker:who's walked, worked across technology education and agriculture.
Speaker:It, technology plays a huge role in particular, through the internet,
Speaker:as a platform for communication and commerce and information exchange.
Speaker:I learned HTML one in the very early days and contributed through a project
Speaker:in 1998 to put an educational platform online, what was powered by a database
Speaker:very early days, very clunky stuff.
Speaker:However that, that paved uh, situation for me that in almost every job I've had,
Speaker:the internet has played a significant role in addressing either commercial
Speaker:interests, informational exchange issues or communication problems.
Speaker:And in all projects, somehow all these areas overlapped.
Speaker:This is also a reason why I dropped out of university.
Speaker:The first time is that I created a platform called Wind Power Online.com.
Speaker:On the back of a research with a fellow student into vertical online marketplaces,
Speaker:for which at the time there was a sort of threshold, they needed X billion dollars
Speaker:of global turnover to be interesting, but the up and coming at the time was
Speaker:the whole world of renewable energy.
Speaker:So we thought, well, that's the future.
Speaker:Why don't we combine the internet with a platform for renewable energy
Speaker:and off we went and that opened my journey into venture capital, through
Speaker:my exposure to venture capital.
Speaker:I got involved with biotechnology projects, and it was in biotechnology
Speaker:that I had my first real sort of crisis I'd call it a quarterlife crisis.
Speaker:As sort of just millennials we were entitled to quarterlife crisis.
Speaker:And this was a real dilemma for me.
Speaker:It was the recognition that, and these projects all had a veneer.
Speaker:Of purpose, but ultimately the reality behind closed doors was absolutely
Speaker:ruthless, profit seeking and an engineering of a world that uh, that
Speaker:was designed for the maximization of ultimately personal profit.
Speaker:Working with other people was an a necessary evil on the way to
Speaker:one's own profit maximization.
Speaker:That's how I experienced it.
Speaker:And I struggled with that because I was interested in the purpose side.
Speaker:I recognized profit as a as business hygiene, as opposed to a goal in
Speaker:its end in its own in its own right.
Speaker:So I finished my degree with the Open University, because that allowed me to
Speaker:live my life in a way that I wanted to.
Speaker:Um, I studied philosophy religious studies and did a few business things
Speaker:on the side because of my interest in how people tick and why are they
Speaker:motivated to do the things they do?
Speaker:Uh, with hindsight I chose the wrong subjects, but that's,
Speaker:that was my motivation.
Speaker:But that finished.
Speaker:And then I ended up working in England for an organization called Riverford Farms.
Speaker:So this was a combination of technology, education and agriculture, where I was
Speaker:hired to set up the meat box scheme which at the time the business had already
Speaker:done a very good job of, uh, growing and selling by way of vegetable boxes, which,
Speaker:which is what a thing that Riverford pioneered and they had many franchisees
Speaker:across the country and the challenge was how do you take something as complicated
Speaker:as meat and deliver and, and roll that out at the same time into this network?
Speaker:So there was a scale an effort of scaling and that was required.
Speaker:And I brought my technological and managerial background and grew
Speaker:the meat box production around the vegetable box business and scaled
Speaker:that up, including all those supply chain issues of working with a small
Speaker:and large farms associated Riverford.
Speaker:I coded the software that ran the purpose-built facility, the meat
Speaker:processing site, and all sorts of other things and took it from five,
Speaker:uh, boxes a week to 5,000 boxes, by which time I needed a break.
Speaker:But that was my that was my real engagement with the industry in a business
Speaker:that to this day, absolutely committed to uh, organic as a way of life as a form
Speaker:of certification, as a business ethos.
Speaker:And that has also gone on to do things well beyond my involvement there with
Speaker:the employee ownership as a, as there are a number of businesses in the UK that
Speaker:have moved on to become employee owned, but Riverford is one, one of those.
Speaker:And that's a major role model for me and for New Foundation Farms
Speaker:in, in that particular aspect.
Speaker:But also without wanting to be critical of Riverford in my own journey in my
Speaker:engagement with the planet life and consumerism and so forth, I found
Speaker:that the organic paradigm is very well intended, but it lacks something.
Speaker:And there are different angles to talk about this, but essentially
Speaker:when you farm organic, this is no guarantee that you're actually
Speaker:having ecologically positive impact.
Speaker:What organic certification avoids is the routine use of pesticides and
Speaker:the routine use of fertilizer inputs.
Speaker:It doesn't mean that you don't use pesticides, it doesn't mean that
Speaker:you don't use fertilizer, and it certainly means that at the large
Speaker:scale, you do still use industrial methods, including heavy machinery.
Speaker:It's a, it's an engineering exercise, a logistics exercise, that uses the soil
Speaker:as a medium to grow food and fiber.
Speaker:And that means that the environmental impact in the bigger picture of
Speaker:things is certainly better than many industrial conventional approaches.
Speaker:However, ultimately it is not one that has the outcome of regeneration of soil.
Speaker:It has as its goal, the growing in, within the industrial paradigm
Speaker:of food and fiber in such a way that it doesn't use chemicals.
Speaker:And there are lots of people who grow organic, especially on a small
Speaker:scale who take this a lot further.
Speaker:But on the certification level, and that's the important thing, the
Speaker:standard setting organizations, they police the inputs not the outcomes.
Speaker:So this is this is in terms of my think evolution of my thinking, one
Speaker:of the big insights is that the way we quality assure the way, uh, we
Speaker:live within our society with means that may actually be counterproductive
Speaker:to the values that we espouse.
Speaker:So when I'm environmentally friendly, I've thought to myself, surely that must
Speaker:mean that I'm interested in the outcome of actual environmental impact as opposed
Speaker:to the particular ways in which I do that.
Speaker:Especially if the way in which I do that has a negative outcome.
Speaker:I found a solution to that in my ongoing research, in the thinking
Speaker:of many people outside of geography.
Speaker:Uh, far away, often south America, north Northern America, lots are
Speaker:going on in Australia with a 30 year drought crisis there and.
Speaker:Other areas.
Speaker:And often what you see the pattern is that people are challenged sometimes
Speaker:by both economic and ecological or sometimes just one of those
Speaker:factors that lead to innovation.
Speaker:And often are going back in time to how people have done things in the past.
Speaker:And this is the research aspect in me, the curiosity, I wanna know how was that done?
Speaker:How did people like Gabe Brown, Alan Savory, Richard Perkins, Ethan Solo.
Speaker:How did they come up with how, what was the journey they took?
Speaker:Gate brown is probably the big eye opener for me.
Speaker:He wrote a book called Dirt to Soil, in which he Chronicles his 30 year journey
Speaker:from uh, being the non-farming son-in-law of a farming family taking on the farm
Speaker:and then experiencing four years of absolute crisis with hail storms, with
Speaker:uh, drought followed by floods and always destroying his entire crop, meaning he
Speaker:was financially at a complete dead end.
Speaker:And instead of giving up, he went.
Speaker:And did a lot of research and trial and error and a 30 year journey followed
Speaker:to be one of the regenerative pioneers.
Speaker:And he's quite heavily featured in the film Kiss the Ground as a consequence.
Speaker:Mm-hmm
Speaker:So there there's, there's a probably many more things that I haven't now mentioned,
Speaker:but ultimately there's a, there's something going on in the background.
Speaker:Um, I've got questions.
Speaker:I'm looking into things and eventually this leads at an opportune moment in
Speaker:2019 to my co-founder Mark Drewell and me sitting down and in a series
Speaker:of conversations, ending up with agriculture as the key thing that we
Speaker:both have experience with and where we see a way of doing things differently,
Speaker:that isn't just a change of degrees, but that could be a category change
Speaker:for the way we engage with agriculture.
Speaker:And agriculture is at the end of the day, one of the key.
Speaker:Coal faces where humanity engages with nature.
Speaker:So the way we think about our relationship to nature and the way we then execute
Speaker:that relationship are really key.
Speaker:And the reason we called New Foundation Farms is because we imagine that such
Speaker:a way of doing agriculture could be a new foundation for our civilization.
Speaker:So it's as small and as big as that.
Speaker:Maybe actually it makes sense just to, uh, just to capture for a minute, this,
Speaker:so this idea that sort of organic, not necessarily the outcome of organic, not
Speaker:necessarily a kind of positive thing whilst the intent might be going in.
Speaker:And so the kind of difference to, I guess then the regenerative movement,
Speaker:uh, and obviously regenerative this regenerative that, kind of very
Speaker:kind of danger, I guess, of becoming a kind of buzzword of the moment.
Speaker:So essentially in its sort of simple terms, what you mean by
Speaker:that is out is a positive outcome.
Speaker:Is that what would be a simple way of understanding the regenerative idea?
Speaker:Yes.
Speaker:So, regenerative is many things and it is definitely a suitcase
Speaker:word that has already been adopted by many, many interests.
Speaker:What's really helpful though, instead of trying to come up with new words,
Speaker:which in fact I definitely tried at the beginning of this journey only to find
Speaker:that all words are somehow tainted and so what on, just on that I was involved
Speaker:as the main researcher and co-author of a report published by the UK based
Speaker:food farming and countryside commission.
Speaker:In November, 2020 we published a report called Farming Smarter, the
Speaker:Case for Agro Ecological Enterprise.
Speaker:And I had spent a whole chapter working through the different uses
Speaker:of the terms, agro, ecological, and regenerative, and my particular take.
Speaker:So this is me after a lot of reading and conversation and so forth.
Speaker:I I believe that what we're trying to achieve is to.
Speaker:Hit that sweet spot in the Venn diagram where we have social economic and
Speaker:ecological concerns overlapping, and the one approach to farming practices
Speaker:that has a real grasp of ecology as in the science of ecology that understands
Speaker:what is actually happening in the soil.
Speaker:How do interactions with plants, animals, and so forth work is regenerative
Speaker:agriculture that it has a history.
Speaker:It's a term that, that features in research.
Speaker:It emerges out the uh, epistemologically, it emerges out
Speaker:of con conservation agriculture.
Speaker:And it is if you want the commercial end of conservation agriculture,
Speaker:where we are concerned, not just about positive, ecological impact,
Speaker:but at the same time profitability.
Speaker:And the amazing thing about the regenerative paradigm
Speaker:is that we can be both.
Speaker:Economically positive, sorry, ecologically positive and economically profitable.
Speaker:And in, in a way that exceeds the current expectations in agriculture,
Speaker:in the subsidy funded regime by a multiple is it we expect farming to
Speaker:be hard and uh, not make you much.
Speaker:And with some exception that is true by and large, if we just look at the, uh,
Speaker:that this is an amazing opportunity, by the way, politically uh, for
Speaker:agriculture going through Brexit as we divorce from the EU and the common
Speaker:agricultural policy and the subsidy regime which does have a huge which has
Speaker:a responsibility for the way things are in agriculture, in Europe and the UK.
Speaker:So what in moving away from that it's time for innovation.
Speaker:And the innovation that's possible, and that we are demonstrating with New
Speaker:Foundation Farms is that you can farm profitably, significantly profitably
Speaker:without subsidy regimes, without environmental encouragement programs,
Speaker:and the, then the trick to that is effectively that biological diversity
Speaker:and the stacking of economic enterprises to use a technical term go hand in hand.
Speaker:So if you stack layers of biological activity from sub soil all the way through
Speaker:to what grows and how you graze and ti and get the timing, right, you can have a very
Speaker:high density of enterprises on the same land that, uh, previously we might have
Speaker:only given to one of those enterprises.
Speaker:And as a consequence, every every layer integrates in such a way that
Speaker:it may be product, but also input.
Speaker:And that means that you're reducing the inputs that you need to
Speaker:purchase because you're getting them from the ecosystem effect.
Speaker:It increases resilience as the more complex it gets, the more non-linear
Speaker:it becomes the more resilient it gets.
Speaker:And as a consequence, you end up with a, what we call a hyperverse
Speaker:range of produce, where previously you are operating a monoculture.
Speaker:This at the same time, when you then factor in quality
Speaker:premiums that might be available.
Speaker:But even without you are already in in the black, significantly so.
Speaker:And if you then innovate on your roots to market and sell things, not
Speaker:as commodities, but as food into your local regional market you suddenly
Speaker:find that the countryside rural enterprise can be regenerated as well.
Speaker:Imagine all those people moving back into the countryside and
Speaker:working for, uh, workplaces where you are treated as a knowledge
Speaker:worker, rather than as an operative.
Speaker:Where you are working more in a community kind of way, with all sorts of different
Speaker:ways of employment, self-employment models and so forth being exercised,
Speaker:and not only have the enterprises stacked on the land, you go from
Speaker:four, five employees per a thousand acres to over a hundred in our model.
Speaker:And so this, going back to the conversation you having with mark in
Speaker:2019, this is essentially the kind of fruit of that conversation, this epic
Speaker:endeavor that you are describing here with the kind of myriad benefits, the
Speaker:myriad profits, this is the kind of fruit of that, uh, of those conversations.
Speaker:Is that right?
Speaker:So, and so if you were gonna, if you were gonna the, uh, to borrow the awful phrase
Speaker:of the elevator pitch of new foundation farms, I mean, how do you describe its.
Speaker:What it's doing and what it's essence
Speaker:I'm terrible at elevator pitches because I always want to go into the detail
Speaker:and tell you all of that, which is why I'm the COO and not the CEO, but
Speaker:in essence, in investor conversations New Foundation Farms is a disruptor
Speaker:enterprise in the UK agri food space.
Speaker:And what that means is that we combine the latest knowledge in terms of
Speaker:production, but also in terms of direct to consumer marketing with finance, in
Speaker:order to create, uh, a, uh, a disruptor that's able to produce food and fiber
Speaker:of high quality profitably at scale.
Speaker:So, so the one thing just to break out of the elevator pitch, as we're now walking
Speaker:down the corridor, I've talked a lot about the production end of New Foundation Farm.
Speaker:So there's a farm and we're raising funds for a thousand acre farm.
Speaker:On a part of this farm, there may be a ban and that ban is now going to be
Speaker:repurposed as a processing and retail space of approximately 1000 square meters.
Speaker:And what that enables is that it suddenly goes from a, an
Speaker:organization that's got the production right, by being regenerative.
Speaker:That means it is regenerating the landscape within which it is
Speaker:based, and not just selling into the commodity market, but actually
Speaker:processing the food on site means more employees, more enterprises
Speaker:stacked on the same thousand acres.
Speaker:And then from the production space feeding into the retail
Speaker:space, which it's no better way than to smell and taste the food.
Speaker:Imagine the cafe restaurant imagine that this then becomes the basis
Speaker:of a logistics hub that distributes food by home delivery, direct to
Speaker:your doorstep within the region.
Speaker:And the word region is really important because we believe that long term food is
Speaker:going to go back to a bioregional model.
Speaker:Uh, we believe that the journeys for food shopping will by and large become shorter.
Speaker:We will be able to grow more greater diversity of food in the region.
Speaker:And instead of being dependent on the global food supply chain, we
Speaker:will be topping up our local food basket with the global supply chain,
Speaker:as opposed to being dependent on it.
Speaker:And that's for us in our view of looking ahead, 10, 20 years inevitable.
Speaker:And it's also desirable to have a greater food sovereignty
Speaker:as a, as an island nation.
Speaker:And so our model goes from developing a thousand acre farm
Speaker:to a 10,000 acre bio region.
Speaker:And then to multiplying that five or six times across the UK, helping other
Speaker:teams in other regions to establish the same kind of things, learning
Speaker:from all the mistakes and great things that we did on the first site.
Speaker:And, in rough numbers, it takes it from a thousand acres to 60,000
Speaker:acres as a combined enterprise.
Speaker:Right.
Speaker:I mean, that's, you know, the kind, the scale of it, the ambition of it is, you
Speaker:know, as also a kind of a fellow sort of entrepreneurial kinda interested kind of
Speaker:cultural your phrase again, which I keep keeping the cultural creative, which I
Speaker:think is a brilliant phrase, by the way.
Speaker:And one, I think, which really speaks to everybody who's
Speaker:is listening to the podcast.
Speaker:But the, you know, the, you know, that there is scale built into this, that
Speaker:there is ambition built into this, you know, into this kind of endeavor for
Speaker:me is like, is a really exciting thing.
Speaker:And you know, a really, cuz obviously we imagine certainly within sort of
Speaker:as an outsider, we imagine when people talk about scale and these kind of
Speaker:things within a food space, you know, it's images of intensive farming
Speaker:and uh, you know, the, and kind of monoculture and doing less and less of
Speaker:a thing, just of extrapolated at scale.
Speaker:And there's a really nice sort of counterweight, obviously
Speaker:to what you're talking about.
Speaker:Yeah, it's very great reflections.
Speaker:What part of the conversation Mark and I had, uh, we were both change
Speaker:agents in, but in very different ways market just published a book
Speaker:at the time called, Changing the World We Create that he co-authored.
Speaker:And one, one of the lessons from his work and our general conversations
Speaker:is that the world, our civilization is an institutionalized civilization.
Speaker:It means it leapfrogs from one, one form of institution to the next and the Bana
Speaker:model of change, which is a kind of a graph that shows how institutional life
Speaker:changes inevitably, but it, establishes a new normal and the graph looks a bit
Speaker:like two intertwined hockey sticks.
Speaker:And in between the two hockey sticks the decline of the old institution
Speaker:and the rise of the new, you have the need for transition and it's disruptor
Speaker:enterprises that Hassan the transition to the new institutional life.
Speaker:So what they do is they imagine how things will be in the future.
Speaker:And then they pivot an explore and parallel path.
Speaker:How are we gonna bring about, for example, renewable energy.
Speaker:And it was the combination or the tech was there for a long time.
Speaker:We had solar panels, we had wind turbines a long time ago, but it was the
Speaker:combination of major VC finance with this knowledge that suddenly supercharged the
Speaker:deployment of these things in big ways.
Speaker:And that got governments excited.
Speaker:And that's the same thing that moved us from landline telephony to mobile phones.
Speaker:And we see this happening in the way we do food.
Speaker:The way we grow it, the way we distribute it.
Speaker:Yeah.
Speaker:So, it's it the role then of the of the capital bringing partner, the money
Speaker:bringing partner in simple terms is the thing, cuz the kind of vision you have
Speaker:say of a kind of bio sort of regional existence, which of course sort of, you
Speaker:know, makes so much sense and then you think, okay, so what are the things that
Speaker:need to change to get from the world that we are today, which is obviously not like
Speaker:that to that kind of world as necessary and as opportun as that might be.
Speaker:And so you see you your role as disruptor enterprise, bringing in
Speaker:capital, bringing in that partnership as, you know, being both a kind of
Speaker:bridge and sparking other bridge.
Speaker:Yes.
Speaker:So the key observation is that there are so many hardworking, inspired often
Speaker:young people in the agricultural space working on small plots of land, home
Speaker:delivering a small number of boxes.
Speaker:And what we found is that the a lot of small doesn't necessarily add up to big.
Speaker:So when you look at the numbers for the UK, there were in 2018, there were
Speaker:217 agricultural businesses, meaning businesses, farming land the on, on
Speaker:about 20 million acres of land under agricultural management in the UK.
Speaker:So how are you going to get the institutional world that's made up
Speaker:of policymakers, banks, insurers all sorts of other organizations, how are
Speaker:you gonna get the attention of those?
Speaker:And ideally, also investors in this space?
Speaker:You've got to show that this isn't just the domain of the small holder.
Speaker:You've got to show that we can take care of food production at scale in this way.
Speaker:And one of the examples that's really astonishing is the Balbo
Speaker:group in Brazil, the origins of this business go back to the early 19
Speaker:hundreds, but especially under the leadership of Leon, Tina Balbo Jr.
Speaker:In starting in the 1980s, this especially this, uh, organization specialized on
Speaker:sugar production, which now controls 34% of the world's organic sugar.
Speaker:And it does so on 60,000 hectares of land, that is on the face of
Speaker:it, a mono crop sugar operation.
Speaker:But the way they do that is that they actually switch their model from growing
Speaker:sugar to caring for an ecosystem, looking after the ecosystem that also grows sugar.
Speaker:And then they innovated along the way and found better ways of harvesting that
Speaker:leaves the litter straight on the field.
Speaker:And then they started using the pulp.
Speaker:That's left over from sugar manufacture as a as the basis for a thermal power
Speaker:plant that now heats a that provides electricity for a city of 500,000 people.
Speaker:And what's left of that goes back on the field.
Speaker:It's totally circular.
Speaker:And the level of biodiversity on these farms exceeds 50% of the
Speaker:nearby Sao Paolo national park.
Speaker:And this is a monoculture on the face of it, a monoculture operation.
Speaker:So, so there are organ, there are examples around the world of which
Speaker:is, this is one of my favorites that show, this can be done at a huge scale.
Speaker:It's not the domain of the smaller holder.
Speaker:So where you are today, the extent to which where you are today is, uh,
Speaker:on the kind of, sort of same sort of vision of what you imagined it might be
Speaker:when you started a couple of years ago.
Speaker:You know, we know what it's like when we, uh, start and create sort of new
Speaker:ventures or we take on a new project, they assume a life of their own.
Speaker:I'm curious about the journey you're on and the extent to which you are in the
Speaker:place you thought you would be, or what surprising terms have come your way.
Speaker:Really good question.
Speaker:I wanna paraphrase this or preface this by something that I've recently
Speaker:become to realize, which is that I don't I used to think that I create
Speaker:things and I now come to realize that actually I, at best I am privileged
Speaker:to be part of channeling things.
Speaker:So the question is, am I standing in the right channel?
Speaker:Is this the way the future is gonna hit the present moment?
Speaker:And that's exactly, as you say, sometimes we find that we're gonna,
Speaker:we have to adjust the model or the model has a life of its own.
Speaker:New people join the conversation and so forth.
Speaker:And so this year we've actually as an organization gone through a very
Speaker:interesting experience if that's the right word for being on this
Speaker:rollercoaster of go being out in the market for some six months as a team,
Speaker:we had over 500 meetings with over 100 investors across the spectrum from
Speaker:social impact investors, through VCs and, uh, institutional investors, banks, et
Speaker:cetera, from all sorts of geographies.
Speaker:And by and large, the problem for us was not opening the door.
Speaker:They are very interested.
Speaker:They know this is where things are going.
Speaker:The problem for us was more that it was difficult for these organizations
Speaker:to take a model of the complexity that we had in an institutional world that
Speaker:likes things to be more controllable and simpler and commit money to it.
Speaker:So at an individual level, generally this was all good.
Speaker:It was at the level of the decision making committee at the investment
Speaker:committee that, uh, things seem to get.
Speaker:So we had large commitments in total of about a quarter of our
Speaker:investment are so that's 5 million of 20 million, but we didn't have what
Speaker:you could call an anchor investor.
Speaker:We didn't have an, uh, an investor that brought both a large amount of
Speaker:money to the table and the ability to do due diligence and put their name
Speaker:behind this, that would've then drawn everybody else to, through to completion.
Speaker:So at this point we felt that maybe we were just ahead of our
Speaker:time and that we needed to find a different way of doing this.
Speaker:And we did what probably was the wisest thing of all.
Speaker:We first took a break.
Speaker:And then in that break, things started to settle.
Speaker:Things naturally rearranged themselves in our thinking,
Speaker:and we came back together to.
Speaker:Uh, to articulate a refinement of that thinking.
Speaker:And that was around this question, when you're an entrepreneur, what is it that
Speaker:actually creates something out of nothing?
Speaker:Where does the quantum jump in your work happen?
Speaker:And as a consequence, we were able to articulate that our model is it has a
Speaker:kernel and from that kernel, it radiates out in concentric circles that make
Speaker:the impact of this bigger and bigger, but it doesn't change the fact that
Speaker:at the center of this is one key idea.
Speaker:And that key idea we articulated as being a systems integrator.
Speaker:That means we can work with all the innovation that's happening on lots
Speaker:of the spokes of this wheel, and we can integrate them into a hub.
Speaker:And when they come together in a hub that is able to take advantage
Speaker:of all the minute effects that the they have individually, it suddenly
Speaker:supercharges this to an enormous.
Speaker:And out from there, you have the possibility to operate land, to incubate
Speaker:other businesses and to be a landowner.
Speaker:So this was a really important articulation for us.
Speaker:And we were just about to go to market with this new articulation, asking
Speaker:for a lot less money to come to to, to start this idea from the systems systems
Speaker:integrator point and founding a a food hub together with other businesses
Speaker:when we were approached by a major global investment uh, organization, an
Speaker:institutional investor that had back in April, May, picked up a series of
Speaker:podcasts that we put out about our organization on Koen van Seijen's podcast,
Speaker:Investing in Regenerative Agriculture.
Speaker:And they said, we really like what you are doing.
Speaker:And this year we've gone through a re-articulation of our values.
Speaker:And you won't be surprised to, to hear that sustainability
Speaker:comes before everything else.
Speaker:So we're looking for projects that can spearhead the development of two things.
Speaker:Firstly, we need to offset carbon and we see that possibility
Speaker:exists in what you're doing.
Speaker:But we also see that there's a new asset class in development, an asset
Speaker:class or regenerative enterprise.
Speaker:And that is what we're interested in as the future that we're seeing.
Speaker:So conversations are underway very early stage, and I'm not privileged to
Speaker:say anymore about it at this point, but what it emphasizes is the unforeseeable
Speaker:nature of the entrepreneurial journey.
Speaker:And how, as an entrepreneur, you are actually not just yourself and it's
Speaker:not just your own conscious effort.
Speaker:You are somebody who sits at the edge of something and you attract
Speaker:other people into the conversation and it may take them some time to get
Speaker:their head around what you're saying.
Speaker:And maybe one, one thing there is that at this time is a bit like a pressure cooker.
Speaker:I think that the COVID pandemic, the climate change we've undergone the Zoom
Speaker:conversations that we've all been through.
Speaker:And this realization that something has to change or contribute to this.
Speaker:And it's a, I don't want to use the word younger because it's also
Speaker:a function of age, but there's a generation in these institutions that
Speaker:is now somehow empowered to go out and experiment at the margins with how
Speaker:institutions might change from within.
Speaker:And that.
Speaker:also the kind of innovation that's led to this conversation we're now having.
Speaker:There's somebody who's thought about this thought, how does
Speaker:this work with my organization?
Speaker:How do these projects around the world do this and how, where's the overlap?
Speaker:How are we gonna come together?
Speaker:Really
Speaker:important aspect that I totally overlooked.
Speaker:And to be honest, also dismissed.
Speaker:Yeah.
Speaker:So which bit did you overlook and dismiss?
Speaker:I, I was less optimistic by the, by, by the summer about the possibility of
Speaker:institutional large global investment companies getting behind this.
Speaker:Because up until that point, it seemed to me as though there was a need for
Speaker:these to be invested in very large scale projects that were repeating something
Speaker:that had already been tried and tested.
Speaker:So there's obviously loads in there I'd really like to, uh, go towards these.
Speaker:I'm really curious, like what the sort of the investment house, you know, where
Speaker:they, what their interest, what they understand regenerative enterprise to be.
Speaker:Maybe we can come back to that.
Speaker:The other thing, which would really sort of struck what you're talking
Speaker:about, which I guess is, uh, a little bit kind of playing on the language of
Speaker:what you're talking about, but you are in recording those podcast, there's a
Speaker:kind of an element of planting seeds.
Speaker:Aren't there, there's throwing seeds to the wind.
Speaker:Uh, and you don't really know when those seeds are gonna take hold or where
Speaker:those seeds will find their way to, but the importance of, you know, actively
Speaker:contributing, actively sharing, because like you say, the entrepreneurial journey
Speaker:will take, you know, I like you talked to you about the kind of channeling of it.
Speaker:And actually all we can do is engage with it sort of optimistically,
Speaker:curiously, positively constructively.
Speaker:And you know, that is a kind of a sewing of seeds.
Speaker:Isn't it.
Speaker:And then who knows where the seeds come back to.
Speaker:I really appreciate your use of the word seed as a metaphor here as it's actually
Speaker:something that came to me in September when I found myself on my own quest,
Speaker:not quite knowing how to take things forward, ended up going on a pilgrimage
Speaker:in Italy with 11 other leaders from different walks of life, and under the
Speaker:leadership of Sujit Ravindran I was walking from a small Lakeside village
Speaker:in Italy to the cathedral of Asisi.
Speaker:And on the journey, sujit posed this riddle to me.
Speaker:And he said that my, my farming idea, this idea of regenerative farming,
Speaker:maybe I should look at it as a a seed, and a seed he said, can be a
Speaker:tree and it can also be bird food.
Speaker:And I wrestled because I didn't want it to be bird food, right?
Speaker:But then I suddenly recognized that there was a whole lot more to this,
Speaker:that the creative gesture of a tree that gives totally freely of all the seeds.
Speaker:We know the abundance of forests around us, and we also
Speaker:know the abundance of birds.
Speaker:And so there's actually plenty.
Speaker:And that's precisely what he was on about is that in the ecosystem something
Speaker:happens then that, that can only happen when we just surrender to it.
Speaker:And that's, that's what I experienced here is that's suddenly the conversation
Speaker:came back to us when we least expected it.
Speaker:So, so in, in just to take this articulation to an extreme, it's a
Speaker:little as though we surrendered our idea, whatever was gonna happen to it.
Speaker:We were no longer attached to a particular outcome and it was parti
Speaker:precisely then that as though that was an invitation and now we could receive
Speaker:this conversation in a way that we wouldn't have been able to before.
Speaker:And it wasn't the soil wasn't ready.
Speaker:So that, that process, right, which obviously in talking is very easily
Speaker:described, I'm gonna surrender the idea, you know, what will be, you
Speaker:know, and, uh, I'm not gonna be sort of attached, of course is obviously
Speaker:much kind of harder in practice.
Speaker:Was your kind of ability to do that, is that linked to kind of slightly
Speaker:throwaway line you used earlier about the kind of, we took a break.
Speaker:I was really curious what taking a break meant.
Speaker:What did you do?
Speaker:What was your taking a break?
Speaker:Yeah, taking a break was for me personally, and that has gotta
Speaker:be really clear here that I think these journeys are personal.
Speaker:So in the team, it would've been worked out in different ways by different people.
Speaker:But I articulated for myself that I needed to accept that this hadn't
Speaker:worked in the way we had hoped by the date we had set ourselves.
Speaker:And I had to go personally through a process that I would describe as grieving.
Speaker:Having invested so much time and energy in all these conversations, all
Speaker:the preparation, all the emails, all the decks, all the, everything that
Speaker:goes into that, all the managing your family in the background with that and
Speaker:that the rollercoaster your family is on, the hopes, the expectations, the
Speaker:disappointments, the constant attachment to a future idea and a future idea, and
Speaker:another pivot, I just had to totally step out of that and watch it from the
Speaker:outside, and I have this experience of it it not having worked and that,
Speaker:that was a great sadness that, that would I would say that, that made me
Speaker:depressed in in, so in clinical terms you would call that a depression, but
Speaker:I'm not it's not the first time that I've been at a juncture like that.
Speaker:And so the benefit of a, a life experience is that I've come to a place
Speaker:where I know at this point is not to continue with the same old, not just
Speaker:to reappear in the office again, it's you need to do something different.
Speaker:You need to nurture the source, the creative energy inside you.
Speaker:And as I did that, as I went for, as I went for walks, as I went for swimming
Speaker:adventures, as I went on camping uh, trips along the Devon coast, I I found
Speaker:this energy rekindling and I found that the distance ha was reconnecting
Speaker:me to the project in a creative way that made me feel alive again.
Speaker:And it's that it's, that's the reason I started it in the first place.
Speaker:Because I arrived at the conclusion that well, so what, you know,
Speaker:this is still the major problem.
Speaker:We, this nothing has changed.
Speaker:What we have to do is think about how we're going to make it happen anyway.
Speaker:And just, I cuz I'm really keen on this, how this kind of process happens when,
Speaker:so in going for walks in going for swims, spending time on the kind of glorious
Speaker:Devon coast and all of that sort of thing.
Speaker:Was there, had you, you know, was there an agreement among the team?
Speaker:Look, we're just putting this down, we'll reconvene in a month's time or something?
Speaker:Or was there just an awareness that something needed to change?
Speaker:I guess what I'm curious about the, the formality of the kind of
Speaker:the break period and the kind of accepting acknowledging of the process.
Speaker:Yes.
Speaker:So there was at first so if you want, we did put in place protocols
Speaker:of how this was going to happen.
Speaker:And even those protocols of disintegration as it were, they, they also pivoted quite
Speaker:interesting because we were ready to do go different paths at different times.
Speaker:So what happened if you want, at the end of this period, was that we had two of
Speaker:our team of five, namely Wayne and Kirsty step back in, in that they had from the
Speaker:executive team in that they had other projects they were engaged in or other
Speaker:needs that they needed to take care of.
Speaker:And they did so.
Speaker:Wayne went back to Royal agricultural university and continued the
Speaker:second year of his masters and been doing a few other projects.
Speaker:And Kirsty's become the global VP marketing at a
Speaker:unrelated organization, Speedo.
Speaker:And Paul, Mark and myself we thought also that we were headed for a dissolution.
Speaker:But then we just re we ended up having a few conversations, a few walks together.
Speaker:And the the outcome of which was that we, are now the executive
Speaker:team, Mark in the role of CEO.
Speaker:I, in the role of COO and Paul in the role of CFO.
Speaker:That's the reorganization of the executive team that's taking
Speaker:this forward at this point.
Speaker:You said you sort of assumed you were heading towards these,
Speaker:uh, uh, dissolving essentially.
Speaker:Uh, and whether that actually is the thing, which then created that, that
Speaker:assumption, this is where it's going, is the thing which allowed the kind of,
Speaker:uh, when invited the grief and kind of invited the opportunity for it to go.
Speaker:So, so there was a kind of active, conscious actually
Speaker:that is dying, that that
Speaker:Yeah, I do.
Speaker:And I do think that death is not a bad term.
Speaker:I do think that there's a cycle of life and death or rebirth in ways that
Speaker:what apart from it being an ecological phenomenon I think that it, also,
Speaker:so in the creative journey is that sometimes we have to accept the life
Speaker:that something has in and of itself.
Speaker:And however we attach however attached we are the attachment
Speaker:isn't going to make it happen.
Speaker:And it's the surrender actually comes in letting go of the attachment.
Speaker:And the real mastery is of being able to feel the thing fully and yet being
Speaker:non-attached I'm still learning that.
Speaker:But so, so this, at this point, at this particular juncture of my life, I was able
Speaker:to let go, and in that letting go of my attachment, I found myself reconnected.
Speaker:And I would say the project has, it is a different project.
Speaker:And yet it's also clear that it is the same project.
Speaker:Yeah.
Speaker:I mean, I could do hours of podcast just on this point, because I think this
Speaker:inability to let things go, which I is a massive practice for me, you know,
Speaker:trying to learn how to let things go to create space for new things to go.
Speaker:And of course, we sort of see this then, you know, in playing out badly in the work
Speaker:of so many companies and so much about how we sort of exist is actually an in
Speaker:inability to let things go to let things
Speaker:Yes, it's rationalism taken to the absurd.
Speaker:We live in a world that believes that it can control the outcome of things.
Speaker:And that works as long as the actual outcome is there, but we don't acknowledge
Speaker:that there is so much more that we don't control that contributes to it.
Speaker:This is a very slippery slope in terms of the conversation, but I it's often not
Speaker:talked about and often shied away from, but I think these this creative journey
Speaker:as an entrepreneur, being someone who is actually creative is really important.
Speaker:Because it, the passion for this comes from, in my case, from my
Speaker:concern for something that is greater.
Speaker:So I consider myself as being in service of something that I find quite
Speaker:hard to express, and on my LinkedIn profile, I say something about, uh,
Speaker:better society and planetary viability.
Speaker:Th those are a bit sort of systems thinking ways of articulating something
Speaker:that's much more comp complex than that.
Speaker:It's about the interwoven of all.
Speaker:And that we all have a decision to make with every act that we perform
Speaker:as to whether we want to contribute to degeneration or to regeneration.
Speaker:I've that reminds me.
Speaker:I was listening to an interview that, uh, Paul Hawkin with his talking about
Speaker:his recent book regeneration, and just actually articulated in a very sort
Speaker:of similar way to that actually we, at the end of it, we all then have a
Speaker:choice in what we choose to do today.
Speaker:What we choose to buy, what we choose our companies to do, actually, do I want this
Speaker:act, this endeavor, this effort to be one which ultimately sort of, uh, generates
Speaker:life or one, which takes away life.
Speaker:Uh, and I think it's a kind of, it's a sort of start and useful
Speaker:It is.
Speaker:And yet there's also immediately the danger again, of the
Speaker:attachment to a particular outcome.
Speaker:And that, however hard that one is, I do feel that in my engagement I have
Speaker:to accept that firstly I may be wrong and secondly, that the way I choose to
Speaker:do it however, noble, the intent may be wrong and there's a lot to learn.
Speaker:So the stepping away from the immediate attachment actually
Speaker:helps me do what I'm doing better.
Speaker:And because it's not about the doing it's the doing is like the execution
Speaker:of the higher level intuition of how I am engaged with the world around me.
Speaker:And it's the openness to that that I ultimately That I'm ultimately powered by.
Speaker:So this is why something had to die.
Speaker:What had to die was that this part in the summer, this particular way
Speaker:of bringing it about was not working.
Speaker:And it didn't mean that the idea or the the creative impulse was wrong.
Speaker:And it's the stuckness between the rigidity of my thinking at the
Speaker:time, and the potential flexibility that I had to rediscover, that's
Speaker:that's what I needed to shed.
Speaker:That's that was the skin I needed to shed.
Speaker:Yeah.
Speaker:It kind one an idea, which I sort of explored in writing and talking is
Speaker:one, this idea of creative destruction.
Speaker:Cause you know, it's just, the dying bit is the invitation to living bit.
Speaker:Uh, and you know, I think the anything which helps us on that kind of practice,
Speaker:you know, and just at least remembering the importance of that just feels.
Speaker:Kind of just really important to me, uh, potentially worthy
Speaker:again of a whole new podcast.
Speaker:It's one, one thing I just sort of pick up on, uh, that you referenced.
Speaker:So you were talking about the kind of institutional, the potential institutional
Speaker:partner that had bubbled up through, uh, having caught one of the seeds or caught
Speaker:some of the seeds that you'd thrown.
Speaker:And you were talking about, you know, some of the work that was happening on the kind
Speaker:of periphery there and an interest they have, uh, using the phrase this, they had
Speaker:an interest in regenerative enterprise and curious, you know, maybe this is a
Speaker:kind of good segue into, uh, into that side of the conversation when, I mean,
Speaker:so is regenerative enterprise, the phrase that they used or was that what you, how
Speaker:you described what their interest was?
Speaker:Uh, I, I would say that the concerns can be expressed in different language.
Speaker:Some organizations express how they work on a visionary basis
Speaker:and others may express what they do on a functional basis.
Speaker:And we know sort of Simon Sinek's uh, the, how the why and the what ideas.
Speaker:So in this, in these conversations I would say that there are different
Speaker:levels at work at the same time.
Speaker:It is visionary.
Speaker:It is exploratory.
Speaker:It is in recognition that new things need to dev be developed.
Speaker:And it is also in recognition that we are at a time of transition.
Speaker:Meaning there are already things we can do now, carbon
Speaker:sequestration is, is one of them.
Speaker:And there's a lot to be said about carbon sequestraion, but it
Speaker:is one thing that we can now do.
Speaker:And the, this whole thing comes together in a in a way that is
Speaker:more aligned with the ecosystem and society than business and at scale
Speaker:has maybe operated in the past.
Speaker:And so, and one way of articulating this that I've done in previously is that if
Speaker:you look at this fascination with ESG as an investment class I, I so slightly
Speaker:overstretching the point, but to just, but to tease out what I mean is essentially
Speaker:it's possible for a business to put profit first and then use some of the profit
Speaker:to buy ecological and social impact, and then be classed as an, as a high
Speaker:impact ESG, even if the profit initially may not have been derived from actions
Speaker:that were as ecologically or socially responsible as they could have been.
Speaker:So that's while I'm sure many people would take umbrage with such a perspective,
Speaker:I do think that this puzzle piece approach is how some organizations do
Speaker:it, especially when they find themselves wrestling with major need for change.
Speaker:So, you buy in the benefit essentially.
Speaker:So, so what the extreme end, the extreme other end of this is what I
Speaker:imagine regenerative enterprise to be.
Speaker:This is that all the actions and all the outcomes and all the consideration for all
Speaker:the things that we might impact has led to an arrangement of the business and its
Speaker:operations in such a way that they they maximize the potential for regeneration.
Speaker:Now there's a, there's an economist called James Quilligan who pointed out
Speaker:to me that Regenera those obsessed with regeneration often miss the fact that our
Speaker:economic system takes advantage of aspects of the ecology that are not renewable.
Speaker:to be really, uh, full about this economic theory, that it is, we have to take into
Speaker:account that there are things that when we use them we can't recycle them, we
Speaker:can't make them again, they're gone.
Speaker:So in, in our economic thinking, we have to think about that too.
Speaker:But to get to, to not get too distracted with all the potential
Speaker:pitfalls, the idea of regeneration in this way affects the ecology.
Speaker:It affects the economy and it affects uh, society.
Speaker:The idea is that we can regenerate, for example, the countryside.
Speaker:We can regenerate the countryside as, uh, a place where we live and
Speaker:work and the amount of money that is there and the account amount of money
Speaker:that may be available for education and healthcare in these areas.
Speaker:And that the jobs people have are more fulfilling and more meaningful
Speaker:that generally this increases the sense of purpose that humans have.
Speaker:And that is all too off neglected.
Speaker:Then we can think about the economy in a wider sense.
Speaker:How does this contribute to more economic activity or a greater density of economic
Speaker:activity in a particular area with its benefits for the whole elsewhere.
Speaker:And then we can think about how all of that is stacked ultimately on
Speaker:the one resource, we don't think about enough, which is essentially
Speaker:the ecosystem for which we often use this metaphor of the planet.
Speaker:We're not so good about thinking about the immediate locality of ecology.
Speaker:We seem to be much better at thinking about sort of global abstract terms, like
Speaker:save the whales or stop air pollution.
Speaker:We find it very difficult to think about what we can do right.
Speaker:Immediately under our feet.
Speaker:And a regenerative enterprise in my way of thinking about it is one that hits
Speaker:the ground with all its activities in such a way that it produces, uh, in
Speaker:our case regenerative or regenerating soil, but you could also talk about
Speaker:regenerating oceans or rivers or river beds, depending on what the acid is
Speaker:that you're ultimately embedded in.
Speaker:Not to overstretch all these metaphors, but this is the point where
Speaker:the metaphor actually is a uh, is literal is a, it's a literal reality.
Speaker:And I believe that there is an unfolding possible here or an
Speaker:overlap, a complete overlap of an economy that is based in an ecology.
Speaker:Surprisingly, that's not how our economy functions today.
Speaker:so, so we talk that one, one analysis talks about planetary boundaries.
Speaker:Uh, what it essentially means is that our our moral or our imperative growth
Speaker:imperative in the economy doesn't take into account that we have a finite planet,
Speaker:but by finite planet, we also we don't really know that's an abstract notion.
Speaker:What it means is that a particular context has a particular
Speaker:organization of resources.
Speaker:It has a particular amount of resources like rainfall or sunlight or minerals.
Speaker:And what we can do with a regenerative enterprise.
Speaker:In now I'm talking about engaging with that ecosystem
Speaker:directly to grow food and fiber.
Speaker:And my the idea is that an regenerative enterprise must be based on the
Speaker:stewardship of ecosystem health and that healthy ecosystem also produces food.
Speaker:And from the examples I've seen, I am persuaded that when we do that,
Speaker:right, not only will we produce more food and higher yields, but we will
Speaker:produce inevitably a much larger variety of food, uh, within that yield.
Speaker:So there's a greater yield per area of a part, any particular food, but
Speaker:at the same time a greater sum total of the varieties we're growing because
Speaker:we grow them in an integrated way.
Speaker:So that, that, that is.
Speaker:And when you do that, you are at the same time looking after all sorts of
Speaker:things that in our economic language are called ecosystem services.
Speaker:So we're talking about the sequestration of carbon, which is
Speaker:a side effect of healthy soils.
Speaker:We're talking about water quality improvements, drought and flood
Speaker:resilience, which is again, a side effect of healthier soils.
Speaker:One gram of healthy soil absorbs nine grams of water.
Speaker:It acts like this fridge for the ecosystem and it releases the water slowly.
Speaker:And if you're not putting chemicals in, you're using natural inputs in in
Speaker:cycles and protocols that are in sync with the way it happens in nature,
Speaker:you, you suddenly have a system that has all sorts of externalities that
Speaker:are positive rather than negative.
Speaker:And all of this comes together to the idea of a regenerative enterprise.
Speaker:So if I'm listening to this and I think, well, I'm not in the business
Speaker:of food, so it's not relevant to me.
Speaker:I mean, is that true or is that not true?
Speaker:Well it's, I think it's not true, but we're, let's go through
Speaker:some of the nuances of this.
Speaker:But let me start with a conversation with an Australia based asset management
Speaker:company, one of the really big ones.
Speaker:We had a conversation with them and they said the 30 year drought in
Speaker:Australia has made us realize one thing.
Speaker:Every single business activity has to be.
Speaker:You have to take the sum total of the entire economy and you have to
Speaker:bring it back down to whether it is contributing to a regenerative
Speaker:ecosystem to regenerating soils or not.
Speaker:And we cannot invest in anything we cannot afford to invest in anything
Speaker:that is not cannot show that hasn't articulated its impact and shown
Speaker:that it is ultimately regenerative.
Speaker:I, I thought that was very inspired.
Speaker:So based on that statement I think humans are all too ready to assume
Speaker:that they live in a in a sort of urban context, that's divorced from nature.
Speaker:And it's anything but.
Speaker:We have we, in fact we a better word is culture.
Speaker:Humans live in cultures and cultures need to be looked after.
Speaker:And we are recognizing more and more how fragile these cultures
Speaker:are that we've built up along the side of rivers or on sea fronts.
Speaker:Nuclear power disasters, uh, global warming, all sorts of things
Speaker:are gradually having an effect.
Speaker:And we're finding that the fortresses we've built are actually quite weak,
Speaker:and they have a negative impact.
Speaker:And just to introduce some more concepts here we, our economy currently
Speaker:thinks in stocks, or another way of putting that it thinks in piles.
Speaker:So we've got a pile of this, a pile of wealth, a pile of some resource,
Speaker:but we struggle to think in flows.
Speaker:Nature works in flows, ecosystems work in flows.
Speaker:A pile somewhere can be very good for the ego.
Speaker:It's very satisfying to have a pile of money or a pile or
Speaker:full a warehouse full of stuff.
Speaker:The problem is that as soon as there's the pile, a buildup of something in
Speaker:nature, we usually have a problem.
Speaker:We have a problem of non distribution, which can be which can be terrible,
Speaker:but it could also be as it could be disturbing over a small amount of time.
Speaker:So disturbance, when it's impactful over a short space of time can actually lead
Speaker:to greater resilience, but human human accumulations, human stocks are generally
Speaker:of a kind that they have a polluting effect and the toxicity is long term.
Speaker:So I think anything from the way we flush the toilets how much water goes down the
Speaker:toilet, the kind of toilet paper we use, the toothbrushes we use, the shopping
Speaker:bags we use, where we go shopping the food miles, what vehicle we take to this?
Speaker:Do we really have to have this meeting in person?
Speaker:Can we not do it digitally?
Speaker:Who pays, which source of power powers my computer?
Speaker:There are so many nuances and layers that ultimately all have an ecosystem impact.
Speaker:And what I'm offering here is a level of awareness, not a level of doing anything
Speaker:better, just be really clear, right?
Speaker:I'm surrendering my sense that I know how to deal with all of this.
Speaker:I'm simply at the point of having an awareness of all the things we aren't
Speaker:considering, and we ought to consider.
Speaker:I guess.
Speaker:So in a sense that's the invitation to everyone listening is as an invitation
Speaker:to reflect, an invitation, to sort of get their own kind of levels of
Speaker:understanding and awareness about what the kind of external impacts of their
Speaker:business of their activities are, to start to understand the flow and the
Speaker:connection between what's, between what
Speaker:Yeah.
Speaker:And I'd like to connect this to an, uh, an earlier aspect of our conversation
Speaker:where we're talking about audit regimes in relationship to organic.
Speaker:So, so once again, without wanting this to be a criticism, but wanting
Speaker:to reflect on a practice and recognize its shortcomings, the audit regimes
Speaker:and quality assurance regime regimes that are civilization depends on are by
Speaker:and large, what's called input audits.
Speaker:They don't assess the outcome of so.
Speaker:They assess what we put into something.
Speaker:And then we have the assumption that we, if we leave something out
Speaker:like chemicals and pesticides, that it's ne inevitably healthier and
Speaker:inevitably more ecologically friendly.
Speaker:And we now know that's not yet the case, so there is more work to be done.
Speaker:We that my, my, thought was connecting this to, well,
Speaker:how can we do it differently?
Speaker:The first thing I said at the time was that let's focus on outcomes.
Speaker:That doesn't mean that the inputs don't matter, but it's the ingredients and
Speaker:the recipe together that looks at how have we actually increased biological
Speaker:diversity is the effluent from this farm.
Speaker:Does it really contain a fewer minerals?
Speaker:Is the carbon actually sequestering?.
Speaker:Does the soil run off when it rains?
Speaker:Those kind of questions are quite relevant.
Speaker:So how do we then get to a place where we've improved on that?
Speaker:That, that requires an understanding of the factors at work, in an ecosystem.
Speaker:But the point I was trying to get to here is that maybe we're
Speaker:a bit too hard on ourselves.
Speaker:This is an enormous project that we're trying to stem.
Speaker:We're trying to stem an enormous tide.
Speaker:So our articulation is that when we're trying to be
Speaker:regenerative, we're on a journey.
Speaker:This isn't about a hurdle rate after which once we've achieved, that we just continue
Speaker:doing the same believing that it's right, because we passed some kind of a hurdle.
Speaker:Rather, we see this as a journey of continuous improvement.
Speaker:Anybody, wherever they are can orientate themselves in the regenerative direction,
Speaker:wherever you are, you can start now.
Speaker:And you can do make tiny adjustments, adjustments that you are able to manage
Speaker:with all the time pressures, with the shopping habits, with the budgets, with
Speaker:the time you've got with the conversations you can have with your family.
Speaker:They don't have to be onerous and unachievable because that's
Speaker:the best recipe to start off very enthusiastically and then find
Speaker:yourself not getting very far at all.
Speaker:It's got to be fun.
Speaker:And you've got to notice that actually you can have an impact.
Speaker:So the it's fun is maybe the, not the right word, but rewarding.
Speaker:The reward comes from it being achievable as well as from it having an impact.
Speaker:So when we start looking at a regenerative direction and decide
Speaker:that we're gonna put the momentum that we can in that direction,
Speaker:that's our belief, our articulation.
Speaker:Then we are beginning the regenerative journey.
Speaker:This is not an invitation to keep it at a low level.
Speaker:It is an invitation to start at a low level and see that actually
Speaker:in, especially in business, your input costs start to go down.
Speaker:It's rewarding to have greater profitability to find that your
Speaker:farm is more resilient to pest to pests all out of itself.
Speaker:These, there are so many benefits attached to this that each farmer on their own
Speaker:land will discover in their own way.
Speaker:Every household, every so we can break this down into all
Speaker:the fractals of our society.
Speaker:But your question was is, does this just apply to farming or
Speaker:does it apply to other aspects?
Speaker:And my answer is I think this is an issue of our civilization, everything
Speaker:we do, New Foundation Farms.
Speaker:It's a new foundation, as in the idea is it's a new
Speaker:foundation for our civilization.
Speaker:So one of the other things that I was really interested in, which heard
Speaker:you speaking about before, and you touched on earlier, I think, uh,
Speaker:coming out of the the, uh, this kind of the relationship between kind of
Speaker:the ideas of employee benefit and how that might uh, sort of be an expression
Speaker:too, of these, uh, more resilient ideas, uh, more regenerative ideas.
Speaker:And so is that another way that, uh, these regenerative ideas are
Speaker:turning up in New Foundation Farms?
Speaker:You've heard me talk about.
Speaker:Creativity and that being the source for my own work, but also my
Speaker:belief that in a way we all channel something from an inarticulable source
Speaker:that we don't control or create.
Speaker:Although we often believe we do.
Speaker:I believe that values value system can be reflected in the way we work
Speaker:together as organizations as well.
Speaker:And one of the things that we've been exploring at New Foundation Farms
Speaker:is how we might reward everybody who works for and with New Foundation
Speaker:Farms in a way that allows them to benefit from its profitability.
Speaker:So I when I started my working life, I had a very uneasy relationship with profit.
Speaker:I somehow, despite the fact that I wanted some of it, I
Speaker:also felt it was a dirty thing.
Speaker:I now recognize that ecosystems depend 100% in each layer on profitability.
Speaker:That is it's a hygiene factor.
Speaker:When something works well, it produces a profit and then that becomes
Speaker:the seed bed of another layer.
Speaker:So in New Foundation Farms we not only will have many more employees who, so
Speaker:a much higher density of employees per area of farmland, we also will have
Speaker:these employees participating in the profitability of the organization.
Speaker:And for me, that comes with a change of value and a change of culture to
Speaker:people who have responsibility for their area of work, rather than that, they
Speaker:are operatives that have a standing operating procedure that they need to
Speaker:perform and then they will be evaluated.
Speaker:The reason why there are areas where that might make sense for somebody to
Speaker:operate in that way, that is a question of the outcome of the job, not of
Speaker:the need to control an organization at every level, from the top down.
Speaker:So, and just to, to just to illustrate why this is important, not just as
Speaker:a value system, that's desirable and that we all might want to work like
Speaker:that, rather it makes sense when you consider that when you're working with
Speaker:an ecosystem, every ecosystem is unique.
Speaker:Working in a regenerative way is something that is context specific.
Speaker:And the journey of finding out about the context never ends, because
Speaker:the context actually changes.
Speaker:So when you're going through an ongoing evolution in the extreme cases of
Speaker:regenerative agriculture, you'll find that the landscape you're operating in
Speaker:changes every year on the basis that you are regenerating the landscape.
Speaker:We are used to agriculture in simplified landscapes, where we put a huge
Speaker:amount of destructive energy into keeping them at a very simple level.
Speaker:When we operate with an ecosystem towards its potential, it's gonna change.
Speaker:And the change will have an impact.
Speaker:It's a non-linear logic.
Speaker:And that requires everybody involved to work with the full apparatus of our
Speaker:sensory instruments that we can bring to the table and be a part of this.
Speaker:And you what, what that means is you become a knowledge worker.
Speaker:You are bringing yourself to bear with your knowledge and as valued, and that
Speaker:means that you've got an opportunity to innovate .And job satisfaction.
Speaker:I believe comes from many things, including the a variety of different
Speaker:tasks, the connection of input to output, so if people are connected to the profit
Speaker:share there, that is a way of the overall team effort being rewarded when everybody
Speaker:is innovated profitably together.
Speaker:And the, third thing is control over my domain.
Speaker:So there's a we currently generally expect people to perform to a job description.
Speaker:What that, uh, does do, is it excludes the potential for me
Speaker:to innovate within that job.
Speaker:And, while there are limitations to everything I've just said, the
Speaker:limitations should be dictated by the outcome in service of the overall gen
Speaker:um, organization, as opposed to my management style, because it suits my ego.
Speaker:And so essentially what we're talking about is roles defined by
Speaker:outcome, not roles defined by tasks.
Speaker:In, and I believe that humans independent of their level of schooling,
Speaker:when it is invited, have a thirst.
Speaker:Uh, and inquisitive nature that want they are good.
Speaker:We are naturally good at connecting to other people.
Speaker:And in fact, the landscape around us when we are when we are invited to do so.
Speaker:And that that is a journey, there will be many mistakes made and maybe I'll have
Speaker:to revise my statement, but that is the belief with which I'm going into this.
Speaker:Yeah.
Speaker:And I mean, I, yeah, it would be a belief I share.
Speaker:And I guess one, a fourth point I would add to your three in terms of the kind
Speaker:of the human response is, which is, uh, touched on what you just said.
Speaker:There, there is a wish to learn and a wish to develop.
Speaker:Uh, and of course, you know, if we have that impact output,
Speaker:we have a feeling of agency.
Speaker:We have a feeling of being valued and being connected to outcome.
Speaker:And we have an environment, a culture, which, you know,
Speaker:is of richer by me learning.
Speaker:And I appreciate that.
Speaker:Of course, then there is a kind of dynam in there, which, you
Speaker:know, has to talk to, who we are.
Speaker:Absolutely agree.
Speaker:And I believe this word agency that you've just used is very key.
Speaker:We are, by and large held hostage by a situation that the natural agency on
Speaker:authority we carry is often educated out of us for, with the best of intent.
Speaker:But unfortunately it has the side effect that we are not able to celebrate
Speaker:ourselves as creative beings, and we depend on the authority of other people
Speaker:to lead our lives according to this or that latest diet, as opposed to finding
Speaker:what the diet is in all possible ways.
Speaker:That is the right one for us.
Speaker:Yeah, absolutely.
Speaker:So, I guess, one thing I sort of would like to just to explore before we kind
Speaker:of finish, and it would be great to revisit a lot of these things as your
Speaker:journey unfolds, which would be good to follow the, this, the, how the, in
Speaker:your developing conversations with the possible institutional investor partner,
Speaker:how is profit being discussed in that?
Speaker:I mean, have you got that far down the road?
Speaker:How is profit coming up in, uh, in these conversations with
Speaker:investors you might do with it?
Speaker:I I, we are in the early stages of working out an agreement, and
Speaker:I really need to be vague to allow as much creativity as possible.
Speaker:I would say that obviously there's an assumption that we will be profitable and
Speaker:a lot of attention is being given to the fact that we've made claims around this
Speaker:form of agriculture and working within the agri food system is more profitable.
Speaker:And there's also a recognition that there's a connection, although it's
Speaker:not a necessary connection between the profitability and the ecosystem
Speaker:services that this impacts on.
Speaker:So, so those things are being recognized as part of the
Speaker:understanding of what a regenerative enterprise is in this conversation.
Speaker:And I'm really pleased about this institutional interest in, in, in this,
Speaker:because it's such a positive sign.
Speaker:And have you I know sort of cooperative is a loaded word, but just the kind of
Speaker:principles of involving everybody in the journey, uh, whether that's understood
Speaker:cooperatively, whether that's understood as kind of employee ownership, those
Speaker:kind of ideas are those principles and ideas, which, uh, through all of the
Speaker:conversations you had with institutional partners were respected and acknowledged
Speaker:and likely to remain on the table, or is that something which, uh, you were sensing
Speaker:sort of conflict and, uncertainty around?
Speaker:would say it's a really good question.
Speaker:And yes, cooperative is a loaded term, but there are in certainly in agriculture,
Speaker:many very good examples of cooperatives serving a very good outcome in terms
Speaker:of uh, or running a complex business.
Speaker:So, so I don't see that I don't see the term or the history
Speaker:of cooperative as a hurdle.
Speaker:I I think the main issue for us in our analysis of land ownership was not that
Speaker:you had to own the land, but that given the mindset that we were working into
Speaker:at the moment the, fastest um, that the greatest impact in the shortest
Speaker:possible time is guaranteed if you own the land, if you own and control
Speaker:the land that you are also working on, and that once that's demonstrated
Speaker:at scale, you can explore others.
Speaker:I mean, ultimately the, in terms of the structural conversations we've,
Speaker:uh, learned much about, it's more important that we consider a some kind
Speaker:of a split between the land holding and the operations on the land and
Speaker:how they, so I, I think that overall as a society, we still see that, we
Speaker:still see somehow that the management of land is tied to the ownership.
Speaker:I think that actually the commons was a great idea and it was and the
Speaker:mindset that removed the commons was a short, very shortsighted one.
Speaker:It was personal gain over collective benefit.
Speaker:But how exactly that translates into a business model I couldn't tell you yet.
Speaker:I can say that there are early examples of landowners experimenting with bringing
Speaker:lots of different people that run different, but integrated enterprises
Speaker:on the same land together in this way that I described as vertically stacking.
Speaker:And that is definitely something that's central to the New Foundation Farms model.
Speaker:So, so it's whether you are an employee or whether you're, self-employed what
Speaker:matters beyond that what's more important is what impact or what outcome, the.
Speaker:Integration of all of these activities has.
Speaker:I think for me, these ideas are all so interesting because
Speaker:they talk to resilience.
Speaker:They've talked to adaptability, they talk to creativity and, you know,
Speaker:in that sort of classic sort of, you know, I was thinking about how our
Speaker:listeners may come to these ideas.
Speaker:I'm really interested in the idea that actually the way they might come
Speaker:to these ideas is because, you know, all entrepreneur, all businesses,
Speaker:they're looking for resilience.
Speaker:They're looking for ways we were talking, you know, before the podcast
Speaker:about how kind of business schools teach the illusion of control,
Speaker:teach the illusion of management and how we can do all of those things.
Speaker:And of course, that's also talks to a human nature.
Speaker:We try to make order, we try to make predictability out of things.
Speaker:And to the extent of that kinda is possible or not possible, you know,
Speaker:it is also true that when you are of running an organization, you are keen
Speaker:to do the things which increase the likelihood of that organization, that
Speaker:idea gaining traction in it's surviving, and I think any ideas which led with,
Speaker:you know, which talk to resilience, which talk to adaptability, which talk to of
Speaker:fostering our own creativity, have to increase the likelihood of that happening.
Speaker:And I think everything that it feels to me, everything that you are trying to
Speaker:do with New Foundation Farms and all the ideas that you are talking to actually
Speaker:talk to that, and that's the kind of really interesting thing to my mind in
Speaker:a way that might help these ideas become even more accessible to more people.
Speaker:Absolutely.
Speaker:I couldn't agree more.
Speaker:And it's such a shame that we've run out of time because there's a whole
Speaker:host of management frameworks that have been developed elsewhere in the world
Speaker:that really allow a day to day operation of an organization in a way that is
Speaker:non-linear while at the same time builds knowledge, et cetera in, in, holistic
Speaker:ways that we generally find ourselves not schooled in until we look for them.
Speaker:Right.
Speaker:So that is the invitation, because that alone is another whole area I'd be
Speaker:really keen to get into some of those frameworks, some of those perspectives
Speaker:that will help people engage with that.
Speaker:Yeah, just to, I mean, just two things I can drop in there as, and the world
Speaker:of permaculture and the world of holistic management as pioneered by
Speaker:Alan Savory and the Savory Institute.
Speaker:Bit of a Marmite phrase, if I'm permitted to say that a savory also
Speaker:has people who do not agree with him.
Speaker:But if you, again, if you look at the outcomes of his work in, across the
Speaker:globe at the regeneration of landscapes, through grazing approaches you, you'll
Speaker:see that the grass really is taller where a holistic management hasn't
Speaker:been applied than where it hasn't.
Speaker:So there's something intrinsic to the management framework that is able to.
Speaker:On to, to operate as a form of action research and for the outcome of the
Speaker:action research to inform management decisions that, that and people have
Speaker:spent decades thinking about this stuff.
Speaker:And uh, gradually we're hearing more about this kind of thing in the mainstream.
Speaker:fantastic.
Speaker:Marcus, thank you so much for your time.
Speaker:Contribution, energy insight.
Speaker:It's really inspiring to hear, uh, and I'm sort of hugely
Speaker:appreciative of you taking the time
Speaker:Yeah, absolutely.
Speaker:The pleasure is mine.
Speaker:Ben really enjoyed this call.
Speaker:Really enjoyed your questions and it's not felt like a podcast
Speaker:interview, but more like, uh, uh, conversations of like-minded people.
Speaker:Thank you so much.
Speaker:Thank you for listening.
Speaker:I hope you enjoyed that conversation with Marcus.
Speaker:Uh, if you like what we're doing and you like the sound of these
Speaker:conversations, of course, go to the website to check out the others.
Speaker:Uh, if you search up Buddha on the board.com and look for
Speaker:peripheral thinking, you'll find everything that we do there.
Speaker:And of course, if you like it, or you didn't even like it, whatever
Speaker:it may be, feel free to share it.
Speaker:Uh, that is the lifeblood of what we're trying to do here is
Speaker:getting these conversations out to anybody who would benefit.
Speaker:So if there's anyone, you know, who would benefit, please feel
Speaker:free to share until next time.
Speaker:Thanks.