Path to Profitability (P2P) is a unique framework and methodology designed by IFC / Lighting Global for off-grid solar firms operating in emerging markets. This new framework offers a different approach to examine and critique unit-level economics as the core building block of the business. P2P allows off-grid solar firms to evaluate and benchmark pricing, margins, and cost structures that support a firm’s pathway toward profitability. Designed with early-stage, middle and scaling firms in mind, this framework supports increased profitability at various phases including launching, refining, or pivoting. P2P is also ideal for investors and donors looking to better understand and assess unit economic performance of prospective or current portfolio companies.
Unique framework and methodology
“People who are very similar in their strengths can lead to weaker co-founding situations. You want someone who shares similar values, but in terms of interests or characteristics, it’s often better if you’re different — there’s a reason they say opposites attract,” says Lin. “As a small example, my co-founder Joel and I don’t share a lot of personal tastes in music and other areas that are more subjective, but we’re so aligned on how we think about company building.”
Behind every successful startup leader are brilliant mentors who coached, opened doors and paved the way, often before anyone else believed. But it’s not easy to find a good mentor and build an impactful relationship, especially in the fast-moving startup world. Fast Track was designed to connect accomplished leaders looking to work side-by-side and share their hard-won wisdom with the next generation. Since launching in 2016, we’ve helped thousands of mentorship pairs forge impactful bonds through structured 1:1 discussions and a larger community experience.