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Revolutionizing the Tequila Industry with CEO Michael Dolan
Purpose 360
English - June 06, 2023 09:00 - 37 minutes - 17.3 MB - ★★★★★ - 21 ratingsGovernment Business social purpose social impact public good Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
What job would you take after being the CEO of a 160-year-old, multi-billion-dollar international company?
Foreseeing tequila’s imminent rise, as well as its impact on ecosystems and communities in Jalisco, Michael Dolan, former Bacardi CEO, is on a mission to hold the spirits industry accountable for its carbon and community footprint. He’s leaned into sustainability to create a new company and category in the luxury market that promotes “premium with a purpose.” The company, Mijenta, is an exceptional award-winning artisanal liquor and the first and only B Corp tequila producer on the market.
We invited Michael Dolan, CEO of Mijenta, to share why he created Mijenta and how he is demonstrating to businesses and their leaders that it’s possible to pursue premium quality, purpose, and profit all at the same time.
Listen for insights on:
The three most important pieces of advice for starting an ESG-focused companyHow a CEO recognizes value in business-driven environmental and social sustainabilityEducating and building ESG-minded boardsInviting industry outsiders to collaborateResources + Links:
Michael Dolan’s LinkedInIntroducing Mijenta TequilaMijenta Sustainability and EthosThe Spirits Business: “Ex-Bacardi CEO Launches Mijenta Tequila”(00:00) - Welcome to Purpose 360
(00:13) - Mijenta Tequila
(02:17) - Mike's History
(05:03) - Origins of Mijenta
(08:26) - Why It's Important
(10:45) - Shaking Things Up
(12:06) - Being a B Corp
(14:13) - What Mijenta Means
(15:36) - The Purpose
(17:14) - Consumers' Reactions
(18:41) - Certification
(22:26) - Partnerships
(24:14) - Being Purposeful
(25:14) - Purposeful Value Creation
(28:11) - Marketing to the Consumer
(30:27) - Three Tips
(32:28) - In Closing
(34:40) - Wrap Up