Friday, August 12, 2022

It started with worm poop

Mark Cuban thinks investing in the metaverse in this way is "super-mega immaculately dumb."  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
INC. THIS MORNING
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It started with worm poop

Good morning,

When Tom Szaky was a freshman at Princeton University back in 2001, he brought to market a fertilizer he'd created out of worm excrement to help his buddies grow marijuana. He packaged it in used soda bottles, and, within five years, his company TerraCycle was selling its Worm Poop Plant Food in Home Depot and Target stores. In 2006, it reached $2.5 million in sales and was featured on the cover of Inc. as the "the coolest little start-up in America." 

Now, nearly two decades later, Szaky is building his biggest innovation yet: an international, circular supply chain to help major companies sell products in long-term reusable packaging. He knows widespread adoption of his ambitious vision won’t be easy, but then again, he's been called the Elon Musk of waste. Read on for more on Szaky and how he’s taking on the not-so-sexy world of waste management.
 
 
 
Join Series Host Beatrice Dixon and Angela Benton in Conversation

Angela Benton of Streamlytics is Inc.’s next guest for the Your Next Move web series. Register for the August 18 at 12 PM ET webinar.

 
 

 
A MESSAGE FROM COLONIAL LIFE
Voluntary Benefits 101: A Guide for Small Business
Voluntary benefits help small businesses compete in a tight labor market. Get our guide and learn the coverages employees want.
Learn More
 
 
Here's what else I'm reading today:
With disability claims skyrocketing, small businesses need to know how to support employees who need extra care. –Inc.
 
Pest control is booming this summer. Founders from growing companies in the niche share their strategies for keeping up with surging demand. –Inc.
 
The boy bosses of Silicon Valley rode their unicorns to fame and fortune. Now, in the midst of a rocky market, they’re stepping down. –NYT
 
Here are five ways to manage your time and energy and still follow through on commitments. –HBR
 
Female founders: Audition today to be featured on the new business competition TV show “Women of Wall Street”--with a chance to win $100,000 for your company. 
One more thing:

Mark Cuban thinks investing in the metaverse in this way is "super-mega immaculately dumb." –Inc.

 
 
This newsletter was written by Inc. associate editor Brit Morse. How are we doing? Send us ideas and feedback on Twitter.

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