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SXSW 2013 Sampler

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Great Britain 49<br />

The consumers are happy because they get a $1,500 item from<br />

High Street for $500, and the designers are happy because instead<br />

of selling one item per month, they may sell hundreds.’’ 17 They<br />

also get the reward of knowing that their work is finding its way<br />

into the lives of thousands of people.<br />

At the office in Notting Hill Gate, a few dozen people can<br />

manage thousands of relationships that produce millions of dollars’<br />

worth of sales each quarter. Remarkably, none of the workers are<br />

employed as salespeople. Instead they work as listeners who try<br />

to tune in to the desires of their community of customers. ‘‘How<br />

do you sell?’’ asked Julien, rhetorically. ‘‘You sell by listening to<br />

people. If you listen, they will tell you exactly what they want. If<br />

you listen, you can change the system and do it better.’’<br />

•••<br />

Most of the innovators we met in Britain had established new<br />

business models that engaged consumers and citizens directly and<br />

made things better, one person at a time. Borrowers who turned<br />

to Zopa were able to buy cars or renovate kitchens (the two most<br />

common reasons for people to apply), and Golden Company bee<br />

guardians earned paychecks as they acquired skills. But these kinds<br />

of direct efforts were not the only signs of innovation we discovered.<br />

Though no longer the seat of an empire, London remains a place<br />

where people with a broad vision for changing the world cultivate<br />

new ideas.<br />

A few blocks from Regent’s Park, in the center of London, we<br />

met two of the directors of Social Finance, an organization that<br />

has found a way to tap private wealth to solve public problems.<br />

Turning an old paradigm on its head, the firm is working on deals<br />

with different levels of government, promising social programs that<br />

produce measurably better results than existing agencies . Investors<br />

are being courted to supply the up-front cash, while government is

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