Louise Stoney is a pioneering advocate for child care who has spent her career focused on systems change. She is known for developing The Iron Triangle approach to the child care business sustainably. Louise opens up with Chris about being the child of pioneering civil rights advocates and how that led her to be a leader in child care reform.
One of the most important factors of financial stability and growth in a community is ensuring access to affordable child care. However, simply funneling money into the child care system has not led to greater accessibility and, in fact, has forced many small-scale mom-and-pop centers out of the market, leaving caregivers with fewer options and higher costs.
Instead, Louise Stoney, a pioneering child care advocate, suggests that a more sustainable answer lies in how individual child care practices are managed.
For today’s episode, I sat down with Louise to discuss the importance of sustainable financial practices in early childhood education. Louise has spent her career working with local governments, private foundations, and policy organizations in over 40 states to ensure a robust and enduring child care system. Louise understands the importance of making child care accessible to promote equality for women, especially in underserved communities. Through her problem-solving, she has created the Iron Triangle model to promote financial health in child care practices of all sizes and scales.
Louise’s approach to problem solving stems from a diverse childhood during the Civil Rights era, moving from integrated New York to segregated Florida in the early 1960s, and her progressive parents that taught her the best way to find a solution is to stay focused on the question at hand. In our discussion, Louise explains how this background has informed her approach to keeping child care businesses both affordable and sustainable and how this path brought her from a specialty in social work to becoming a financial consultant for child care businesses all around the country.
Louise Stoney’s website: www.stoneyassociates.com
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