Cover Image for Collective CT - The Lemonade Stand: How Kindness and Math Can Change the World
Cover Image for Collective CT - The Lemonade Stand: How Kindness and Math Can Change the World
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Collective CT - The Lemonade Stand: How Kindness and Math Can Change the World

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Collective CT | The Lemonade Stand: How Kindness and Math Can Change The World

Monday, November 3, 2025 | 7:00–9:00 PM
Yale Ventures | 101 College Street, New Haven, CT
Presented by the Cultural Innovation Lab at Yale, in partnership with the Connecticut Department of Economic and Community Development (DECD) and MOC Innovations

How do we build creative enterprises that are as emotionally intelligent as they are economically sound? How do we design systems that make kindness measurable and purpose profitable?

Join James Rhee—entrepreneur, educator, investor, and bestselling author of Red Helicopter: A Parable for Our Times—for an evening exploring his revolutionary lemonade stand economics: a deceptively simple framework that redefines value creation by centering humanity at the core of enterprise.

Drawing on his extraordinary transformation of Ashley Stewart, a twice-bankrupt fashion company reborn through trust, transparency, and shared purpose, Rhee invites artists, entrepreneurs, and cultural leaders to reimagine how creative ventures grow. Participants will learn how to build “balance sheets of purpose,” connect emotional intelligence to financial strategy, and see how acts of kindness, honesty, and mutual accountability can become literal assets in a thriving creative economy.

This session is designed for artists and creative entrepreneurs who are shaping ventures rooted in mission, story, and integrity—and who want to learn how to align artistic vision with sustainable growth.

Recommended Reading:
To get the most out of this experience, participants are encouraged to read Red Helicopter: A Parable for Our Times in advance.
Learn more at redhelicopter.com.

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James Rhee is a high school teacher and Harvard Law graduate who became a private equity investor and acclaimed CEO. He bridges math with emotions by marrying capital with purpose. His transformational leadership has been recognized by the leading business and civic organizations. His national bestselling book, now global, entitled red helicopter―a parable for our times: lead change with kindness (plus a little math), was published in April 2024 in partnership with Harper One, an imprint of HarperCollins that seeks multi-platform ideas that “transform, inspire, change lives, and influence cultural discussions.” In its debut week, the book was the number one non-fiction book across all channels and media, per USA Today. He is working on related film, music, and television projects. His TED Talk and Dare to Lead interview with Brené Brown have captured the imagination of millions.

red helicopter, his media-education platform of the same name, is an operating system—a way—, that creates, measures, and amplifies a sustainable balance of life, money, and joy in the life of business and the business of life. Its systematic impact has been informed by, successfully applied to, and further refined by decades of investing, leading, and teaching at the highest levels in a myriad of environments. red helicopter’s methodologies are grounded in the realities of history and policy, as well as the truths of finance, behavioral psychology, and cognitive science. Above all, it gives us permission to be human.

By centering agency, red helicopter creates agility and change.

James’ leadership story grabbed global attention during his unlikely seven-year tenure as Chairman and first-time CEO at Ashley Stewart, a fashion retailer with deep historical roots in the Black American community. After the financial community turned its back on this twice-bankrupt company, James left the world of private equity and lead the creation of a reimagined ecosystem that blurred boundaries and centered “Kindness and Math,” a combination that fueled an unprecedented transformation and transcendent success story. Core to the reinvention was the deep friendship and shared values between the son of Korean immigrants and a predominantly Black female employee group, who placed their mutual trust in each other, learned from one another, and then proceeded to quietly shock the world. The implications of their collective success are only beginning to be understood by the world, especially against the backdrop of artificial intelligence and division.

Following the conclusion of his tenure with Ashley Stewart, Howard University invited James to serve as the Johnson Chair of Entrepreneurship and a Professor Entrepreneurship. In addition to his unprecedented appointment at Howard, James also currently teaches the red helicopter operating system as a Senior Lecturer at Duke Law School and MIT Sloan School of Management. His most recent invitation was from Yale University, who named him Entrepreneur-in-Residence at Yale Ventures and Artist-in-Residence at the Yale Cultural Innovation Center. James has been invited to teach in the classrooms of the world’s leading universities.

James continues to have an outsized impact in the private sector. His family-office investment platform, named FirePine Group, has stewarded the capital of some of the world’s most sophisticated investors and continues to provide capital, defined in its broadest sense, to entrepreneurs creating true systemic value. Prior to founding this platform, James helped manage billions of dollars of growth and distressed oriented private equity capital, with a focus on services and brands, at two leading Boston-based institutions. Presently, he serves as consigliere to some of the world’s leading executives and their organizations, and serves on the Board of Directors of Xponance, a $20+ billion asset management and investment firm focused on transforming access to alpha. He is a former honoree of the EY Entrepreneur of the Year program, as well as a former director of Conscious Capitalism and the National Retail Federation, which awarded him its Power Player Award, given to those CEOs most impacting the future of retail. He is a charter member of the Advisory Council of JP Morgan Chase’s Office of Black Affairs.

Prominent civic and non-profit organizations have recognized the broader societal impact of James’ private sector endeavors. He is a Frederick Douglass honoree of the New York Urban League, the recipient of the Council of Korean Americans and the Korean American Story Trailblazer Awards, an honoree of Girls Write Now, and an honoree of One To World’s Fulbright Award. Ashoka, the pioneer in social entrepreneurship, elected him as a charter member of its Entrepreneur-to-Entrepreneur Network. He also currently serves on the Board of Directors of Coalition for Asian American Children and Families and is a former director of Harvard University’s American Repertory Theater.

James received his A.B. with honors from Harvard College and J.D. with honors from Harvard Law School, where he was an editor of Harvard Law Review. He lives outside Boston with his wife and three children. He is a frustrated musician. https://en.wikipedia.org/wiki/James_Rhee


Collective CT is an eight-month cultural accelerator powered by the Cultural Innovation Lab at Yale in partnership with the State of Connecticut and MOC Innovations. Designed as a free “mini-MBA for artists,” the program equips Connecticut creators with training, mentorship, and infrastructure usually reserved for startups in STEM. All sessions are open to the public, making Collective CT both an accelerator for artists and a statewide forum for reimagining cultural innovation: treating artists as founders, ideas as infrastructure, and culture as a driver of economic and civic vitality.

Location
101 College St
New Haven, CT 06510, USA
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