Mitch Fine
  • Male
  • Plano, TX
  • United States
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Interest in Net Impact DFW
Networking, Education, Events, Resources, Volunteer Projects
Topics of Interest - Please Pick at Least Two
Base of Pyramid Strategies, Corporate Responsibility, Education, Energy and Clean Technology, Entrepreneurship/Social Entrepreneurship, Environmental Sustainability, Healthcare Innovation, International Development, Nonprofit Management, Philanthropy, Organization Change/Change Management, Public Sector Innovation, Social Finance/Responsible Investing/Microfinance, Urban and Community Development, Social Justice, Other
Industry
Financial Services
Job Title
Financial Planner and Money Coach
Company or Organization
Morgan Stanley Smith Barney

My Vision

My vision is for every human being on the planet to be obsessed with the following question: How do we make the world work for 100% of humanity, in the shortest possible time, through spontaneous cooperation, without ecological damage or disadvantage to anyone?

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Mitch Fine's Blog

A salute to one of my heroes...Ray Anderson

Posted on August 12, 2011 at 8:31pm 0 Comments

One of my heroes, Ray Anderson, Founder and CEO of Interface Carpet, the largest commercial carpeting manufacturer in the world, passed away this week.  He is my primary inspiration for what I do.  Although the Corporation has done great damage to our planet, I believe, as Ray did, that this is the only institution that has the ability to make things right.

 

Ray liked to tell a story about a visitor to his company.  She was a consulting client at the LaGrange, Georgia…

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At 8:45pm on February 2, 2011, Mitch Fine said…
I am a "Green" Financial Advisor. I believe that we need to have our corporations begin to take into account a "Triple Bottom-Line" consisting of PLANET, PEOPLE, and PROFITS. Once businesses figure out that doing the right thing for the planet and for people is profitable, they will do so in order to be not only more successful in their business, but a better citizen of the world.

How this is done is simple: We invest in companies that do the right thing, and we divest in companies that do the wrong thing. We begin to align economic incentives in a positive way for corporations to do the right thing and we also penalize companies that do NOT do the right thing. If your oil company has an enormous accident that pollutes the Gulf of Mexico because you tried to save money on safety precautions, then your company loses half it's value. If your financial statements are fiction and you get caught, your company is done. On the other hand, if you treat employees fairly and encourage and empower them to treat customers like visiting royalty, you are going to be rewarded because more people will want to buy your product and people will want to own stock in your company. Not to mention that the most loyal and hardworking talent are going to want to work for you, so you will be more innovative and creative.

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