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9<br />
PREFACE<br />
As I reflect on <strong>The</strong>odore Roosevelt’s famous words I am proud of the fact that<br />
TDi is firmly ensconced in the practitioner camp. We are “in the arena”, our<br />
faces are “marred by dust and sweat and blood”, and we are “daring greatly” in<br />
pursuit of something we hold dear. That being, our confidence in the concept<br />
of Blended Value; that you can do good and make money in the same<br />
business model.<br />
TDi: <strong>The</strong> <strong>First</strong> <strong>Chapter</strong> is a beautiful opportunity for reflection, celebration and<br />
thanks. As Peter Baine said so powerfully “with action comes clarity”, this has<br />
certainly been true for us at TDi. We initially embarked on this journey five years<br />
ago as a project of the donkey wheel Foundation. We later evolved into a<br />
separate organisation, growing and refining its model, particularly over the<br />
two-year pilot period.<br />
As with any start-up, many of our assumptions about how the business model<br />
would work didn’t play out as planned… We were agile and changed. <strong>The</strong><br />
market proved far more immature than we hoped… We were <strong>res</strong>ponsive.<br />
Funders didn’t fol<strong>low</strong> through on their commitments of support… We were<br />
innovative and worked even harder. Everything took far longer than hoped…<br />
We were <strong>res</strong>ilient! As a <strong>res</strong>ult we are still here, making us stronger and better<br />
positioned for the next chapter in TDi’s development.<br />
It’s our hope that reading, or flicking through, this book will give you a sense of<br />
our work, our approach and the exciting <strong>res</strong>ults we are beginning to see. This is<br />
truly only the <strong>The</strong> <strong>First</strong> <strong>Chapter</strong>. We have only just scratched the surface and we<br />
firmly believe that the best is yet to come.<br />
Bessi Graham<br />
CEO and Co-Founder