The Evolution of Conscious Entrepreneurs - Ed Rholl
We live in a money-based culture and for many on the path or journey of enlightenment, there is cause to be a little confused (I know I have been) by how the two aspects can work in harmony. How DO YOU align doing what you love, doing it in a way that all stake-holders of a business benefit from the impact and doing it in alignment with boosting your bank too? Well, the following interview that explains the organic nature of Conscious and Entrepreneurship is the closest to clarifying this question that I have seen.
In this video interview, Ed Rholl of the Compassion Happens Team shares amazing distinctions that create clarity and a perspective to better understand how YOU can work in your heart-space and be aligned with profit too in the new economy. It was filmed for the Money and You program but that aside, the pure value of Ed's content in these interviews was worth every second of the 34 minutes of it.
I would really love to know your thoughts and feelings on being a Socially Conscious Entrepreneur… How do you use now and/or see the concepts revealed to you in these videos applying in your business’s future?
For me, Ed provided clarity through his distinctions and perspective particularly that there is no 'one-right-way' to be a conscious entrepreneur but moreso that you desire to work in synergy and harmony with others to 'get the job done'. Also, measuring the effectiveness of the impact the business has on all its stakeholders (intending it to be positive for all connected). That is a shift from the old economy that tended primarily and largely to serve the needs of the internal stakeholders (investors, board, employees, etc without a conscious intention for positive impact externally). That may have been too costly and damaging to maximizing profits!
Conscious Entrepreneurs look at the impact of the business on the broader stakeholder group too - the impact you have on community (locally, nationally, globablly). What is the impact on the environment too? The Conscious Entrepreneur model also includes an intent to build or rebuild a business that is aligned with the principles and values of serving the broader community with a positive impact as well as profit!
That really resonated with me.
How about you?
Wikipedia explains Conscious (Social) Entrepreneurs as:
“expanding the traditional business framework to take into account ecological and social performance in addition to financial performance.” This is a new way of doing business that is good for people, profits and the planet. It’s about building wealth, in the sense, whole wealth – something that you’re deeply passionate about, you care about, that you want to do the rest of your life."
People have come to the truth that you can make money doing what you love, doing it with integrity, and creating a life you love to live. The Triple bottom-line of People, Profits, Planet (known as the 3BL) of Conscious Capitalism underpins how business will be done in this new economy.
So how can YOU evaluate your own alignment with the conscious business model?
Here are a few areas and questions to answer.
1. Serving All Stakeholders – Consultation and Collaboration
HOW decisions are made is critical to alignment. When making important, strategic business decisions, do you choose the cheapest option or highest short term ROI? OR, do you connect and engage with your customers, suppliers, team and investors to make a decision that serves them all as best you can?
2. Impact – Client AND Community
A conscious business contributes positively, to help solve a need/problem for a customer and then goes beyond. A positive impact can serve customers, charitable cause and social entrepreneurship. Do you and your stakeholders support causes that are larger than your products or services?
Is there separation and non-alignment in the way you behave in your business versus in your personal life?
Being 100 percent aligned with your business and how it behaves is the true measure of a conscious entrepreneur, walking the talk always in your life, in business and in public.
The following ascension model shows Conscious Capitalism as the evolution of the conscious entrepreneur and enterprise – aligned with achieving 'in higher purpose'
In sharing my own 'awareness' (perspective), I say:
"Conscious Capitalism and entrepreneurship in the new economy bridges the old economy divide between money and meaning."
Conscious entrepreneurs have an awareness of the impact and influence active effort, such as via a business, has on the community and environment locally, nationally and globally. They are aligned with their social belonging. A primary aim of the socially aligned entrepreneur and a sociallly aligned enterprise is to positively impact communal and environmental goals.
Social entrepreneurs have traditionally [often] operated as non-profits. In this new economy and era of enlightenment, there is every reason and even a necessity for you to be aligned and compatible with making a profit too.
Social enterprises are for 'more-than-profit' – using blended personal and professional values in your business models that combine a revenue-generating business with a social-value-generating structure."
Love for you to share, Jen xo
PS: Find out if Conscious Entrepreneur Collaboration is the next step for you - A Personal Message from Jen
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