The Nathan Barry Show How Your Creator Business Can Change the World | 047
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Oct 3, 2024 
Join Brett Hagler, CEO of New Story, a nonprofit tackling the global housing crisis through innovative models. He emphasizes the importance of aligning business with social impact while discussing storytelling's power in connecting creators to meaningful causes. Brett shares insights on transforming philanthropy into sustainable business practices, revolutionizing housing ownership through unique payment structures, and balancing philanthropy with investment for impactful solutions. His inspiring vision showcases how creators can drive real change in their communities.
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Shift to Market-Based Model
- New Story shifted from a charity-based to a market-based model to address scalability limitations.
- Philanthropy alone couldn't solve the global housing crisis, necessitating a shift towards sustainable solutions.
Navigating the Transition
- New Story's revenue dropped 50% after transitioning to a market-based model.
- Despite initial setbacks, Brett Hagler's long-term vision guided them through the challenging period.
Advice for Entrepreneurs
- Maintain strong conviction in your philosophy, even when facing initial setbacks or uncertainty.
- Embrace learning, piloting, and adaptation as crucial steps towards long-term success.