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cover of episode From Teenage Dream to $60M Empire and Impact: How Peter Khoury’s Give Kindly is Redefining Charitable Giving | Ep. 146

From Teenage Dream to $60M Empire and Impact: How Peter Khoury’s Give Kindly is Redefining Charitable Giving | Ep. 146

2024/11/4
logo of podcast Founder's Story

Founder's Story

Key Insights

Why did Peter Khoury decide to relaunch Give Kindly after years of focusing on other ventures?

Peter returned to Give Kindly to pursue his long-standing desire to create impact, which began in his teens. He wanted to focus on purpose-driven work, beyond financial success.

How does Give Kindly aim to revolutionize charitable giving?

Give Kindly allows consumers to support charities through everyday purchases of women’s clothing and accessories. A portion of each sale goes to the customer's chosen charity, enabling charities to focus on their mission.

Why did Peter Khoury choose the US market for the launch of Give Kindly?

Peter chose the US for its strong community spirit and desire for impact. The digital age enables global expansion, and the US market aligns with Give Kindly's mission.

What unique approach does Give Kindly take to support charities?

Give Kindly leverages profitable, revenue-generating businesses to support charities, alleviating the financial strain typical in nonprofit models. This allows charities to focus more on their mission.

What challenges did Peter Khoury face in his entrepreneurial journey?

Peter faced numerous challenges in building R2B Group, including maintaining focus on impact amidst business growth. He emphasizes the importance of persistence and learning from each hurdle.

How can people support Give Kindly and its mission?

People can support Give Kindly by purchasing women’s clothing and accessories on the website or app, available on Android and iOS. Starting November 4th, there is a 40% off introductory offer.

Chapters

Peter Khoury discusses his journey from a teenage dream to launching GiveKindly, focusing on the importance of purpose-driven work and how GiveKindly aims to revolutionize charitable giving.
  • Peter's journey began at age 13 with the idea of GiveKindly.
  • He faced challenges due to lack of capital and experience in earlier attempts.
  • After building a successful business, he returned to GiveKindly with a renewed focus on purpose-driven work.

Shownotes Transcript

In this inspiring episode of Founder's Story, host Daniel Robbins interviews Peter Khoury, a successful entrepreneur and founder of Give Kindly. Peter shares his journey from a young dreamer at 13 to the head of R2B Group, valued at over $60 million. This episode delves into Peter's mission-driven approach to business and how Give Kindly aims to revolutionize charitable giving by empowering consumers to give back through everyday purchases.

Key Discussion Points:

  • Founding GiveKindly: Peter reflects on his long-standing desire to impact, which began in his teens. After years of building a successful business, he returned to Give Kindly with a renewed focus on purpose-driven work.
  • The Founder’s Dilemma & Finding Purpose Beyond Profit: Daniel and Peter discuss many entrepreneurs' challenges—finding fulfillment beyond financial success. Peter highlights the importance of purpose and how service to others drives his happiness.
  • **Give Kindly's Mission: **Give Kindly is designed to let charities focus on their mission while consumers support causes through purchases. By focusing on women’s clothing and accessories, Give Kindly allows customers to choose charities they want to support with a portion of each sale.
  • Globalization and Expansion: Peter explains how the digital age enables companies to expand globally. With Give Kindly’s US launch set for November, Peter chose the US market for its strong community spirit and desire for impact.
  • Entrepreneurial Challenges & Lessons Learned: Peter shares insights on overcoming hurdles in his journey with R2B Group and why persistence is crucial. His candid discussion highlights the ongoing challenges in business growth and maintaining focus on impact.
  • Navigating the Nonprofit Sector: Peter discusses charities' complexities in generating revenue and how Give Kindly seeks to alleviate this burden. By leveraging profitable, revenue-generating businesses, he believes entrepreneurs can better support causes without the financial strain typical in nonprofit models.

Noteworthy Quotes:

  • "Success isn't just about money; it's about what we do beyond ourselves."
  • "I believe it's a founder’s duty to create impact with the resources they’ve been given."
  • "Entrepreneurship is like building the plane as you fly—it’s challenging, but worth every lesson."

Launch Announcement:

Give Kindly will officially launch in the US on November 4th, with an introductory offer of 40% off all items, allowing users to experience the platform fully. Customers can find GiveKindly at givekindly.com) and on the Give Kindly app, available on Android and iOS.

Connect with GiveKindly:

Website: givekindly.com)

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