Most founders wait for the right idea. Tessa Clarke spent years doing exactly that before realising she'd been looking for the wrong thing, she should have been looking for a problem she cared about.
Since co-founding Olio in 2015 with Saasha Celestial-One, Tessa has grown the food sharing app to more than 10 million users and an estimated £1.1 billion in social impact, alongside a B2B arm that now redistributes surplus for supermarkets, schools and production companies.
Tessa is also a teacher at the Executive Programme at Future London Academy. Learn from her in-person: https://fla.wiki/4wZMcJ5
In this video, you'll learn: ▶ Why a two-week WhatsApp group proved the concept before a single line of code was written ▶ How Olio's most enthusiastic early users turned out to be the ones with nothing to give, and the third audience she built to close the gap ▶ Why Duolingo's streaks would never work for surplus food, and how to test a borrowed mechanic before you copy it ▶ How signing one supermarket outgrew everything the consumer app could achieve on its own ▶ How to answer a prevention-based question with a promotion-based response, and why female founders get asked them in the first place ▶ Why nobody cares about your solution, only whether you understand their problem
Chapters: 00:00 Meet Tessa Clarke Co-Founder of Olio Solving Food Waste at Scale 04:56 Why Tessa Clarke Chose Business Over Charity 09:41 Why Purpose-Driven Business Attracts Gen Z Talent 14:05 How Olio Started as a WhatsApp Experiment 19:05 The Food Waste Heroes Programme That Solved Olio's Supply Problem 21:34 How B Corp Status Helped People Understand Olio's Business Model 28:37 Why Financial Incentives Backfired for Olio 34:44 How Tessa Clarke Raised $50 Million as a Female Founder 43:32 What Is Earth Overshoot Day 47:00 How Olio Measures Its Social Impact Beyond Profit 50:34 Why Olio Pivoted from B2C to B2B 56:30 How to Pitch Purpose to Corporate Buyers 1:00:25 Tessa Clarke Wants to Replace GDP as Our Success Metric
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