Scaling Beyond the Silo: Mastering Tri-Sector Innovation with Jens Molbak

In a recent episode of The Thoughtful Entrepreneur Podcast, host Josh Elledge sat down with Jens Molbak, the CEO and Founder of New Impact, to discuss a paradigm-shifting approach to venture building. Most founders operate within a vacuum, looking only to the private sector for growth, but Jens argues that the most resilient and impactful businesses are those that successfully navigate the "Tri-Sector" landscape. Drawing on his experience as the founder of Coinstar—which grew into a global household name by aligning with both the public and social sectors—he explains how entrepreneurs can unlock hidden resources and drive sustainable value. This conversation serves as a masterclass for leaders who want to move beyond traditional boundaries and design businesses that solve complex societal challenges while maintaining high profitability.

The Architecture of the Tri-Sector Model: Unlocking Hidden Ecosystems

The traditional entrepreneurial journey is often limited by a "siloed" mindset, where business owners view the government and social sectors as either obstacles or unrelated entities. Jens Molbak challenges this perspective by introducing the tri-sector business model, a framework that integrates the unique strengths of the private, public, and social sectors. The private sector provides the innovation and capital; the government offers massive infrastructure and regulatory frameworks; and the social sector provides deep community trust and mission-driven expertise. When an entrepreneur designs a venture that sits at the intersection of these three spheres, they aren't just building a product; they are tapping into a pre-existing ecosystem of assets that can drastically accelerate scaling and lower the cost of customer acquisition.

A perfect example of this framework in action is the founding of Coinstar. By aligning with the private sector (supermarkets), the government (the Federal Reserve and U.S. Mint), and the social sector (nonprofits like UNICEF), Jens created a win-win-win scenario. The supermarkets gained foot traffic, the government saved billions in coin production and circulation costs, and nonprofits received a streamlined channel for micro-donations. This alignment of self-interest with the public good created a "ten-year overnight success" that was far more durable than a traditional market-only play. For modern founders, the key is to stop asking "How can I build this alone?" and start asking "What public or social assets already exist that I can leverage to solve this problem more efficiently?"

To help entrepreneurs navigate this complex landscape, New Impact has pioneered the use of AI-driven tools, specifically a Tri-Sector Business Model Canvas. This tool scans vast databases of government programs, public data, and nonprofit initiatives to surface relevant partnership opportunities that most founders never knew existed. However, Jens emphasizes that this technological advantage must be paired with personal resilience and thoughtful leadership. Success in the tri-sector space requires a "low and slow" approach—prioritizing consistent, incremental progress over sporadic bursts of intensity. By maintaining a disciplined personal routine and reflecting regularly on their broader impact, leaders can build organizations that are not only profitable but also fundamentally essential to the health of society.

About Jens Molbak

Jens Molbak is the CEO and Founder of New Impact and a seasoned entrepreneur best known for founding Coinstar. With a career dedicated to exploring how different sectors can work together for the greater good, Jens has become a leading voice in "tri-sector" innovation. He holds an MBA from Stanford University and is passionate about helping the next generation of founders use da