Rising up in Birmingham, Alabama, all his life Josh Tetrick was sure he was going to be a linebacker within the Nationwide Soccer League.
So when he fell in need of a profession as knowledgeable soccer participant, he wanted a brand new place to channel his vitality. As Tetrick noticed it, he had two selections: Comply with his associates into jobs on Wall Road or discover a technique to give again.
“I knew I wished to do one thing significant,” Tetrick instructed CNBC Make It. “I knew I wished to get the identical sort of feeling I obtained via sports activities.”
So, shortly after graduating from school, Tetrick moved to sub-Saharan Africa. There, he spent a number of years working for non-government organizations on social influence initiatives, together with getting youngsters off the streets and into faculties. However, nonetheless, one thing wasn’t including up.
“I discovered myself sounding like I used to be doing this stuff, however genuinely, I did not really feel just like the influence I used to be having was what it needs to be,” mentioned Tetrick, noting that non-profit work is usually sluggish.
The e-book was referred to as “The Fortune on the Backside of the Pyramid” by C. Okay. Prahalad. It discusses how for-profit organizations might be an efficient software for reaching constructive social influence, particularly among the many neediest in society.
“After I learn the e-book, I spotted that capitalism is usually a software to unravel actual issues,” mentioned the now-entrepreneur.
“Should you care a couple of billion people who find themselves going to mattress hungry each single evening, in the event you care in regards to the billions of animals residing behind the partitions of manufacturing unit farms, in the event you care in regards to the 67 million younger youngsters who do not get an schooling a day — the best way to handle that may be via capitalism,” he mentioned.
“And, in actual fact, you are able to do it so much sooner.”
With that, Tetrick was impressed as he returned to the U.S. with a plan to start out a enterprise that tackled one of many largest issues he might consider: Meals sustainability.
At present, Tetrick is the founder and CEO of Eat Simply, a California-based food technology company that goals to resolve the environmental and moral considerations of mass animal agriculture with plant-based and cultured meat alternate options.
The nine-year-old enterprise has up to now attracted greater than $400 million from traders eager to again the sustainable meals pattern, together with Founders Fund and Invoice Gates’ Gates Ventures.
“Capitalism is vitality and it is vitality that permits human beings to do issues in a method that incentivizes them, in a method that may find yourself being actually quick,” Tetrick mentioned, referencing the e-book.
That vitality can, in fact, be utilized in damaging methods, mentioned Tetrick. Nevertheless it can be a strong power of fixing issues at scale. To this point, his firm has bought the equal of 100 million eggs made out of plant and lately gained regulatory approval to promote its lab-grown chicken nuggets.
“You need to use that vitality to do issues that pollute our environment, you should utilize that vitality to do issues that harm our oceans, or you should utilize that vitality to unravel the issue,” Tetrick continued.
“That is what actually attracted me to it: Not giving it a label of fine or unhealthy, simply recognizing it is an vitality and it is as much as us to resolve how we’ll use it,” he mentioned. “I believe utilizing it to get at this huge meals system drawback is a reasonably enjoyable and efficient method to make use of it.”
Like this story? Subscribe to CNBC Make It on YouTube!