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Steve Kurz Discusses Concept of Triple Bottom Line

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Total Case Duration :

  • Date Added : 10/31/2005
  • Clip Duration : 2 min. 53 sec.

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Tom Szaky

  • Co-founder, TerraCycle
  • male
  • Caucasian
  • 1982 (Age: 42 years old)
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • Video 1 of 29 in this Case
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Biography

Tom Szaky is co-founder and Chief Executive Officer of TerraCycle, Inc., producer of the worlds first product made from and packaged in waste.

At 14, Szaky started his first business, a web design company called Flyte Design, which employed three associates and earned its young proprietor a five-figure income. Szaky then engaged in the start-up of three small dot.com companies: Werehome.com (an online home improvement site), piority.com (an online fundraising school), and studentmarks.com (an online grade tracking software).

In 2002, Szaky took a leave of absence from Princeton University to dedicate himself full-time to starting TerraCycle, Inc., beginning as a 2 man outfit in the crowded basement of an old office building in Princeton. Today TerraCycle occupies a 20,000 sq. ft. factory in an urban enterprise zone in Trenton, NJ, where it employs over 20 workers and makes and ships its unique consumer products to WalMart Canada, Whole Foods, Home Depot, and other major retail stores.

I am going to talk about something called the triple bottom line. Does anyone know what that is? Okay. It is a way of looking at business not only as far as the economic bottom line, you know, making money. But also in a socially and an environmentally conscious way. So if you look at the model...(Full transcript available to logged in subscribers.).

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Tom Szaky videos

Video 1 of 29 Tom Szaky Discusses Initial Financing Of TerraCycle
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 4 min. 12 sec.
Video 2 of 29 Tom Szaky Shares Thoughts on Risk Of Dropping Out of School To Start Company
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 2 min. 22 sec.
Video 3 of 29 Tom Szaky States Ultimate Lesson As Entrepreneur Is To Stay True To Core Of Business
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 54 sec.
Video 4 of 29 Tom Szaky Shares Thoughts on Branding
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 2 min. 6 sec.
Video 5 of 29 Tom Szaky Discusses Challenge of Creating a Logo
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 3 min. 22 sec.
Video 6 of 29 Tom Szaky States Importance of Investing in Brand And Building Value In It
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 17 sec.
Video 7 of 29 Tom Szaky Discusses Concept of Social Return and Capitalism Can Work Hand In Hand
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 3 min. 10 sec.
Video 8 of 29 Tom Szaky Discusses Importance of Doing Business In Big Box Stores
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 2 min. 43 sec.
Video 9 of 29 Tom Szaky Shares Thoughts on Dealing With Wal-Mart
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 4 min. 57 sec.
Video 10 of 29 Tom Szaky Shares Thoughts on Risk of Being an Entrepreneur And Running A Company
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 4 min. 37 sec.
Video 11 of 29 Tom Szaky Discusses Highs and Lows in Being An Entrepreneur
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 3 min. 20 sec.
Video 12 of 29 Steve Kurz Discusses Background of Company, TerraCycle
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 4 sec.
Video 13 of 29 Steve Kurz Discusses Involving Schools To Get Recycled Bottles For Compost Packaging
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 1 sec.
Video 14 of 29 Steve Kurz Discusses Decision To Walk Away From $1 Million In Funding
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 5 sec.
Video 15 of 29 Steve Kurz Discusses How TerraCycle Came To Cornell
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 23 sec.
Video 16 of 29 Steve Kurz Discusses Concept of Triple Bottom Line
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 2 min. 53 sec.
Video 17 of 29 Steve Kurz Discusses Challenges In Using Garbage As An Input
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 5 sec.
Video 18 of 29 Steve Kurz Discusses Packaging of TerraCycle Product
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 27 sec.
Video 19 of 29 Steve Kurz Shares Definition of Garbage And States TerraCycle's Goal Is To Eliminate Garbage
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 3 min. 21 sec.
Video 20 of 29 Steve Kurz Discusses Decision To Sell Product To Wal-Mart
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 0 min. 47 sec.
Video 21 of 29 Steve Kurz Discusses Challenge of Expanding Product Line Using Only Garbage As Packaging
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 36 sec.
Video 22 of 29 Steve Kurz Outlines Corporate Structure of TerraCycle
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 29 sec.
Video 23 of 29 Steve Kurz States TerraCycle Employees Are Not All Extreme Environmentalists
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 27 sec.
Video 24 of 29 Steve Kurz States Possibilities Are Endless For Company, TerraCycle
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 0 sec.
Video 25 of 29 Steve Kurz Outlines TerraCycle Manufacturing Process
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 38 sec.
Video 26 of 29 Steve Kurz Shares Thoughts on TerraCycle CEO, Tom Szaky
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 1 min. 42 sec.
Video 27 of 29 Steve Kurz States TerraCycle CEO Is Flexible and Team Oriented
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 2 min. 34 sec.
Video 28 of 29 Steve Kurz Discusses Pricing Strategy and Sales
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 2 min. 1 sec.
Video 29 of 29 Steve Kurz Discusses Developing Relationship With Major Retailers
  • Tom Szaky & Steve Kurz - Lecture - TerraCycle
  • 10/31/2005
  • Tom Szaky
  • 2 min. 4 sec.

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