#61 - Tighten Our Belts

I was the columnist in The London Paper last week, suggesting that the recession is a good thing. Readers vote on whether they want more of you... and 96% did. I also had many comments calling this point of view "refreshing" and "inspiring". In this, I hear a whispered hope for a move away from 'business as usual' to a more enjoyable and equitable way of running our economy.

At its best, this shake-up wake-up call will prompt us to re-prioritise and re-allocate resources. It will make us more aware of where we use money as an excuse to see ourselves as separate from others. Instead of this isolation, we will find ways of leaning in to human energy as our most precious resource and recognise our interdependence.

A great example of this is Liftshare - an organisation that works to bring about sustainable change by encouraging individuals to do things together. There are now 290,000+ people registered and several inspirational stories have emerged.

Sandra from Clacton-on-Sea started car-sharing as a way of saving petrol and impact on the environment and found that "two people who led separate lives have now become great friends, with all the benefits and opportunities that new friendships offer". They socialise regularly, found they had tons in common, and get to chat, laugh and sing along to 60s and 70s music on the way to and from work.

Similarly with Emma from Swindon, her initial motivations were financial and environmental and says "I have benefited in ways I never imagined, including socially. The company is great, we share ideas, and we exchange knowledge about the local area - where the best markets are, what's on at the theatre. As I know we have to rely on each other at a particular time of day, I'm much more efficient at work. I can no longer stay late to get things finished so I don't faff about any more, I just get it done.

And there are wider community benefits, as Clare from Herefordshire describes: "We also pick up and drop off a regular prescription for a friend who has retired and finds it difficult to get to the doctors".

With lifshare, we see the Triple Bottom Line of a solid, sustainable venture - intending to bring about economic, environmental and societal/inter-personal benefits through its activities. As we tighten our belts and make changes economically, perhaps we'll also tighten our belts as a community, finding afresh how fulfilling it is to need each other.

Do Things Differently
1) If you had one tenth of your current income, what would you do differently? Make a list. Then assess: in what ways would any of this be preferable? What could you gain as side-effects of these changes? Plato said "Necessity is the mother of invention". In which ways would your decreased income increase your creativity and innovation?
2) Now return to your current level of income - but keep those new ways in place. What would you do with all that extra money?? Which deeply fulfilling lifestyle benefits would all that abundance bring you?

(c) Corrina Gordon-Barnes, 2008

NB The London Paper asked: "Can we build a fairer economy?" If you have something to say on the matter, email your thoughts to: talk@thelondonpaper.com And as always, I love to read your comments on this blog so do leave them here!

#58 - Connect, Collaborate, Commit

This is Global Entrepreneurship Week and to mark its start, I volunteered at the first day of Chain Reaction, an event which saw 700 people gather to explore how entrepreneurship can be a source of social good.

There was a variety of inspirational speakers including Tim Smit of the Eden Project, Sophi Tranchell of Divine Chocolate, and Eugenie Harvey of We Are What We Do. My greatest surprise of the day was the closing remarks made by Prime Minister Gordon Brown. His focus was on the economy but not the all-too-familiar message of "this is just a downturn, we'll be back to big, strong, lean and mean again soon" of which many politicians and business people are trying to persuade us. Instead, he acknowledged the economic crisis as one and the same as our resource crisis, emphasised the 'climate change imperative' and urged the importance of investing in renewable energy and agriculture. He described these times as experiencing the birth pangs intrinsic to us becoming a global community and as such that they alert us to the need for transition phases.

In many ways, the general thrust of the day was similar to the approach taken by Rob Hopkins, instigator of the Transition Movement - that we are entering transition years and that the innovation, ingenuity and entrepreneurial spirit which got us in to this situation can now be re-harnessed and directed towards finding solutions to the world's needs.

As I left the conference and spotted in the newspaper that more City jobs are being cut, I had a vision of those thousands of people moving not from employment to unemployment, but to enterprise. A move away from complacent expectation that someone else will employ us as a cog in some wheel.... to a belief that we can have great ideas, gather with others to turn them into reality, and effect social change through doing so.

It feels like time to get excited. There's the sense of a new model of business emerging. It's not the old way where business is set up purely for the sake of profit with the directors perhaps developing a conscience later in life, creating philanthropic foundations to offset the damage their enterprise has done. The new model is that enterprise itself is a vehicle for answering society's needs.

The win-win-win nature of this transaction continually inspires me. I spoke to two women at the conference who were feeling increasingly frustrated as the day went on. They were hearing about all these inspirational projects yet feeling that their own gifts were being wasted, their potential not fulfilled. I hear this so frequently when interviewing women for my Inspirational 100 project - the pain of that gap between what you could be doing, and what you are doing. One of the women started crying as she told me that in her previous decade of working life she felt that she had added no value. She knew that she could give, and that she WAS, more than that. It reiterated to me this great human need for personal fulfilment through fulfilling our own potential - and that one way of doing this is by fulfilling a need in the world through enterprise.

Do Things Differently
1) Inquiry: What is the most entrepreneurial thing I have ever done? What was it like to match my strengths/interests with a need in the world?
2) Inquiry: If starting a business were the only way to effect social change, what need would I want to meet and how could a business model serve that need?
3) If there were no time to waste and you were really needed right now, what would be your next action step? Get whatever support you need to make it. * *

(c) Corrina Gordon-Barnes, 2008

NEW!! - A Business Called You. Workshop - 29th November 2008, Cambridgeshire. This is the very exciting launch of a new workshop designed for anyone who is considering starting their own entrepreneurial venture. Devised and facilitated by me and hosted by Swavesey Village College at Community Education rates, this is a FANTASTIC opportunity to attend a super-affordable, high-impact workshop and get you moving on that entrepreneurial path. For more information, visit my website and then leave your details so I can forward them to the college's booking office. * *

#56 - Crash Boom

I've been keeping a fascinated eye on the emerging changes in our global monetary system and when I hear that phrase, 'economic crisis', I picture this....

Meet Economy. He's the star of his time. He appears to be thriving to the outside world - growing ever more successful, beaming ever more brightly. Yet, if we look carefully, behind him there trails a foul smell and a dark shadow. Still he keeps going, until something inside starts malfunctioning. Something starts hurting. Reluctantly, he goes to the doctor who tells him that the years of self-deception and neglect have taken their toll and his health is in crisis. It is, in fact, life-threatening.

What does Economy do? If he has any sense, he stops, sits down, and looks with great honesty at his lifestyle. He uses this crisis as a chance to assess what's working and what's not and to give himself a fresh start, built on different foundations.

If WE look with honesty, we can see that our economic system hasn't been working. It's been eating up resources and changing our climate. Money, which was created as a means by which we could fairly share our skills and produce, is now often used as an excuse to do the opposite. Our perpetual-growth model makes little sense when we live on a planet of finite natural resources.

So, Economy has been none-too-healthy and needs to make some deep, far-reaching changes - and how about us?

Well, we've been seduced. Our economic set-up has tempted us away from our passion. We've made Faustian bargains, having been promised: "Do this job that's mindless, boring, stressful and pointless... and I'll give you security now and forever more". We work and work, waiting for pay-day or pension-day or holidays, believing in that bargain. Yet once we start to catch a glimmer of the possibility that we've been selling our soul to an entity which can't be trusted, what happens to that faith?

I know that people hire me as their coach because they're seeking faith in something new. They're fed up with wasting their lives and getting nothing reliable in return. They want to turn their inspirational ideas into reality and all the messages which say they should plod on and consume and earn their 9-5 wage to keep the cogs a-turning just aren't believable any more.

Maybe as the system falls, we'll all make new deals. Maybe we'll make deals with our planet, which really would always be there for us if we cared for, respected and attended to it. Maybe we'll make deals with ourselves, with our health, with others, and with those we love the most. Maybe we'll really hear that the world needs our passion, and needs it now.

Do Things Differently
This week, make a list of the deals you've made in relation to the economic set-up. What have you sold your soul for? What have you received, or what are you hoping to receive - as compensation? What's the deal with your bank? - what specifically do they do with the money you deposit with them for safe-keeping? If you don't know, ask them. What's the deal with your employer, your customers, your colleagues? Now, decide what deals you want to make. What do you want money to be for? What do you want to work for? What do you want to invest your time and energy in? What do you want to receive in return?

Finally, let us know of any inspirational finance systems you've come across. I've been a long-term investor with Triodos Bank who continue to give me hope in a resilient, sustainable banking model. I also enjoy using my local LETS scheme. I invite you to share your favourites with us here.

(c) Corrina Gordon-Barnes, 2008