I tell wonder-filled stories about hope and healing
When I was a kid, I loved Mr. Rogers. My favorite part of the show was the very beginning when he would come into his house, take off his dress shoes, and put on his sneakers – signaling that he had left the outside world and his job behind. The fun was about to begin the moment he put on his sneakers.
For the full story, please visit: http://www.examiner.com/examiner/x-2901-NY-Business-Strategies-Examiner~y2009m6d17-The-defining-value-of-entrepreneurs
Today, Tom sent me a post by Guy Kawasaki, founder of Garage Technology Ventures among many other accomplishments, that details Entrepreneurship’s 10 Commandments. It’s clever and witty and inspirational. My advice is to print this out and post it by your desk, whether or not you work for yourself or for someone else. They are tenants to live by in our working lives.
To read the full story, please visit: http://www.examiner.com/examiner/x-2901-NY-Business-Strategies-Examiner~y2009m6d16-Entrepreneurships-10-Commandments
If you want to open a small business, are concerned about borrowing from a bank, and wonder how on Earth you can get some necessary capital outside of your friends and family circle, there is finally an answer. On June 10th, Kiva.org, the organization responsible for providing +$76,000,000 of microfinance to the developing world, has expanded their operations into the U.S. market.
In the Kiva model, would-be investors check out entrepreneurial endeavors looking for funding, make a loan to an entrepreneur they’re interested in(for as little as $25), and the loan is paid back to the lender over time.
About 6 months ago, I decided to give Kiva a whirl and supported a woman starting a hair salon in Ghana. Every once in a while I go on-line and check out how she’s doing. The $25 I gave, along with 14 other gifts of $25, meant the world to this woman. It’s giving her and her family a shot at a better life. After making this loan, I did some checking around to see if a similar program existed in the U.S. To my knowledge Kiva.org is the only one organization making it easy for Americans to lend microloans to other Americans.
Maria Shriver, an ardent supporter of Kiva. org and leader of the Women’s Conference, said, “we all have the power to be Architects of Change in our own lives and in the lives of others. This partnership with Kiva.org is a wonderful opportunity for all of us to team up as a community and empower women entrepreneurs here in California and across the United States to start and sustain a small business, become more financially independent, and ultimately fulfill her dreams. By pooling our resources, a loan as small as $25 can change a life. Thanks to Kiva.org, being an Architect of Change has never been easier.”
After reading about this program, I also did a little poking around for other great opportunities to participate with Kiva.org. They have opened up their tools to allow outside developers to create Kiva apps. For example, an application called Kiva Heads allows users to browse loans on Facebook and gives you kudos on your Facebook page for the loans you make to Kiva while another app called Kiva World provides a live map of global Kiva loans in all phases and the ability to read more about the entrepreneurs with a single click any where on the map. Best of all, Kiva is working to create an app developer community on-line. Build you own app by visiting: build.kiva.org
There are now more ways that ever to do well by doing good and Kiva makes it easy for us to be a part of shaping the world as we’d like it to be, abroad and now within our own country, too.
Today’s post is an interview with Brian Chesky, one of the co-founders of Airbnb. I love this service and it’s been a clear whole in the travel market for years! The concept, like all elegant business solutions, is simple, straight-forward, and user-friendly.
I’m working on some new product ideas especially for the Chinese consumer market and for some perspective I turned to my close friend, Allan, who was born and raised in Beijing. With his drive and intricate understanding of the markets, I am eventually handing all of my money over to him to manage, and if I ever need a board member, my first call is to him. Allan never agrees with me right off the bat about anything – he doesn’t give me an inch of wiggle room. Allan, in his characteristically curious way, questions me incessantly on detail after detail. And I am deeply grateful for that.
Today, our conversation flipped from Chinese vs. American culture (a favorite topic of ours) to the state of our jobs to future plans and then to social enterprise. While everyone on the planet is gushing about the promise and bright future of social enterprise, Allan is skeptical. Today he forced me to take him through the concept of social entrepreneurship, step by step. The financials, the motivation, the benefits, the short-comings, the operational challenges.
Allan took all this information in and to wrap up, he got to 1 more very simple question and 1 very simple conclusion. Allan’s last question: “Christa, are you okay with having a $7 lunch for the rest of your life as opposed to a $70 lunch like those guys on Wall Street?” My answer: “Yes, I’d prefer it that way.” Allan’s reply: “Good. Then you are a perfect candidate to be a social entrepreneur.” Allan’s conclusion: “Seems to me that there must be some off-balance sheet assets that must be accounted for.” How true that is!
For the rest of the afternoon, I thought about the role of off-balance sheet assets that we must consider in every aspect of our lives; how we spend our time and with whom, our happiness, the amount we laugh everyday, and our sense of purpose are all assets that are tough to value in dollars. And yet, they are critically important – I would argue far more important than our salaries (provided our salaries cover our basic needs). These “other” assets, the ones we can’t hold in the palm of our hand, are the stuff that make our lives worthwhile.
Allan and I trekked up to the castle that overlooks the Great Lawn in Central Park. I was grinning from ear to ear and Allan asked me, “What does that view mean to you?” I looked out at the people relaxing, smiling, and enjoying the simultaneously simple and complex act of being alive. A small oasis of hope in a city that is seeing its fair share of challenges. This view is off-balance sheet assets personified. And from that view, their value is very easy to see.
The photo is from Pbase.com/mikebny
I’ve been thinking about a specific business challenge for quite some time. Running, walking, and travel seem to shake loose creative ideas for me. For some reason moving around, getting out into the world, brings solutions to the surface that I can’t always get by staying home.
For the full article, please visit: http://www.examiner.com/x-2901-NY-Business-Strategies-Examiner~y2009m6d6-Breakthrough-ideas
I arrived home from work today to find a copy of Business Week in my mailbox with the cover story “Innovation, Interrupted” by Michael Mandel. Mr. Mandel can be a bit of a negative Nelly when it comes to the economy. One could argue that he’s not negative just unapologetically honest. Lately, he hasn’t spent too much time talking about the future. He’s mostly focused on the past as well as the here-and-now.
“Innovation, Interrupted” is no exception save for the last paragraph, which gave me pause and then made me smile. Mandel says, “positive Black Swans – unexpected events with huge positive consequences that in retrospect look inevitable…the U.S. could use a few positive Black Swans.” For a minute, I let my mind wonder to what those Black Swans might be. And then it became very clear — we, entrepreneurs, are those Black Swans.We are the ones Mr. Mandel is waiting for.
For the full article, please visit: http://www.examiner.com/examiner/x-2901-NY-Business-Strategies-Examiner~y2009m6d5-Positive-Black-Swans-and-insurmountable-opportunity
The American Express OPEN forum is a great resource for anyone with an entrepreneurial spirit. Today, Scott Belsky wrote a post describing three questions that every entrepreneur should answer. In the past five months that I’ve been meeting and interviewing entrepreneurs, I’ve noticed that they have the remarkable ability to question themselves in an honest, straight-forward way. The most successful ones know who they are – what they’re good at, what they enjoy, and the trade-offs they’re willing to make to bring their ideas to life.
Scott Belsky’s questions are a great start that will help those thinking about entrepreneurship to be honest with themselves about their potential new venture, whether it’s their own company or a new project at the company where they currently are.
For the full article, please visit: http://www.examiner.com/examiner/x-2901-NY-Business-Strategies-Examiner~y2009m6d4-3-questions-that-entrepreneurs-need-to-answer
My friend, Lon, sent me an email today that made me consider the value and under-appreciation of incremental improvement.
“The future of America is not in the hands of GM, the government, or the military. It is in the hands of our innovative entrepreneurs. Most of them do “it” just a little bit different than what is out there now. They are not the Apple’s of the world. They are those that look for incremental improvement. Those incremental improvements have built America and will save it now from itself. I’m thinking … for the first time in my life, I am developing the resolve to make it happen.”
Consider how often people seek to be the next big thing rather than the next better thing. We give up on good in our quest for perfect, personally and professionally. We look for people to save us, to make things easier for us, to be our inspiration. It is time for all of us to realize that our greatest hope for improvements lie in slow, steady change for the better and the best source of that change stares at us every morning in the mirror.
Think about how much we could do if we recognized and nurtured the belief that we were empowered to improve every part of our lives, even if that improvement is small. Children don’t know the phrase “that’s just the way it is.” This dreaded idea is something that is drilled into us by other adults. Instead, children look at suboptimal situations and say, “why don’t we do this instead?”. They are natural-born innovators and change-makers. They always seek constant improvement.
Children are not perfectionists. That perfectionist streak is something we learn as adults. Children seek to make things better, whether by a little or a lot. They play and explore and iterate. They’re flexible and adaptable. They believe in the concepts of better and original and good effort. They’re kind to themselves and to others. Their first thoughts upon encountering a difficult situation are “why?” and then “why not?”
Lon is getting back to these beliefs, and we all need to follow his lead. Thinking like children may be the very thing that saves us from ourselves.
As a writer, I am very interested in Lulu.com, a start-up that helps authors self-publish and promote their work. Gail Jordan, the Director of Publicity at Lulu, was kind enough to arrange an interview for me with Lulu’s CEO, Bob Young. Gail summed up Lulu’s mission very eloquently. “Lulu is a tremendous example of the entrepreneurship of our founder and CEO, Bob Young, as well as being a place where writers, who are often entrepreneurs themselves, are empowered to publish and profit from their work.” What an inspiring reason for being!
To read the interview, please visit:
http://www.examiner.com/x-2901-NY-Business-Strategies-Examiner~y2009m6d1-Interview-with-Bob-Young-CEO-of-Lulu
Christa Avampato 