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I had the pleasure of attending the SFU Alumni Association Annual General meeting this past Tuesday night at the Segal School of Business. Business in Vancouver (BIV) was a major sponsor as were some of the banks. The panel discussion featured four SFU Alumni who are also BIV “Top 40 under 40″ award recipients in years past. These excellent speakers (including my friend Stacey Cerniuk) were talking about their secrets of success. There were some real nuggets in there but I think some of the audience members weren’t ready to hear them.
The extremely rude eye-rolling and snorting that some of the audience members were dishing out in addition to the ridiculously loaded questions about the environment and “profits” over social responsibility was disappointing. I’m going to assume that these snot remarks were coming from Arts and Social Science alumni and I’d like to call you guys out on your rude behaviour:
I’m a business owner and I’m not a business grad. I studied Communications and Public Policy at SFU and I fell into being an entrepreneur. That doesn’t mean I lubricate my bank vault door with baby harp seal oil. Here are some hard truths:
Being successful and being socially/environmentally responsible are not mutually exclusive.
Social and environmental responsibility is a core consideration for most businesses these days. It’s not always talked about in terms of the social good that is done but for most companies, being socially/environmentally responsible generates revenue. It makes no sense these days to be unethical.
Not everyone who starts a business is some kind of Donald Trump wannabe
A lot of people (like me) who start businesses and try to be successful do so because it seems like the path of least resistance. This is not to say that starting a business is easy but for some of us – it’s a far better option that being an employee. I care about people and I care about the environment. I take issue with people assuming that I don’t because I need to make money to live.
Money isn’t everything
When you don’t have money – money is everything. When you have money, it’s less important. I heard a lot of scoffing when all four panellists denied that their primary motivation is money. I understood it perfectly. I’m fortunate to be in a position where I don’t need to worry about money and my big driver is success and the feeling I get when I help someone do something amazing. I spend a lot of time mentoring and volunteering and those are the things that bring me joy (aside from my work). I also have three little kids and a mortgage to pay so if my business makes no money, they don’t eat. I’m sorry if that offends some of you.
My own story
When I was in my undergrad, I took a lot of heat in my social science degree from people who perceived me to be “right wing”. Anyone who knows me knows that I’m almost apolitical – I go for the useful bits of policy wherever they come from. I worked through my undergrad to pay for school as a tradesperson. I was looked down upon by my peers for showing up to class smelling like welding flux, sawdust or varnish and when I spoke up about economic realities from the perspective of small business, I was decried as an elitist and a “right wingnut”.
One of my peers (who shall remain unnamed) took great pride in the fact that he never worked and spent a lot of time in developing nations helping the working people “fight for their rights”. Clearly, I didn’t understand the plight of these people. I asked him point blank one day “you say you don’t work – how did you afford all of these vacations to go down there to fight the man?” His answer – his Dad bought him the tickets. My question – what does your Dad do? “He’s an investment banker.”
I just about fell out of my chair. This punk, this trust-fund kid was calling me out for being out of touch with the working people when I actually was a “working” person and he was flying down to protest unfair economic policies on the dime of the very people who likely caused some of these problems. The irony just about struck me down.
The take home message
Don’t assume that everyone who runs a business is a bad person. Show them some respect for walking a very hard road and when they volunteer their time to come and try to share some very valuable pointers about success that are applicable to any field – shut your mouth and listen, asshole.
Great, great stuff, Crooky. I am horrified at the disrespectful turn that things took at that event. I know the name John Galt is getting bandied about nowadays, but there’s a reason for it. I’m somewhat–no, completely baffled–at the inability of certain groups to understand that without business, we’ve got nothing.
Unfortunately, my fear is that President and First Lady Obama are feeding that fire as fast and as hard as they can, with their nonstop talk about the superiority and nobility of nonprofit work. (Perhaps the pinnacle of do-as-I-say-not-as-I-do.) What I don’t totally get is why they’re doing it, though I have my suspicions.
Some of my clients are nonprofit, and I adore them; some are devoted to environmental work, and I embrace that too. However, I’ll be the first to say that my lovely life of freelance entrepreneurship would not exist without the power companies, goods manufacturers, technology innovators, health care providers, etc., etc., that enable us to live comfortable First World lives as they turn the wheels of industry. We deplore them at our peril.
And I do wonder where and from whom these immature, antagonistic, anti-business idiots expect to earn their keep.
Thanks Jake.
I too have clients who are successful private companies and other clients who are in the non-profit sector. They’re both equally great to work with.
I think everything in balance because just as the NGOs can’t make do without business, business needs to remember that many of the social services that keep their costs down are provided by NGOs.
Bashing each other acheives nothing.
Crooky, I really enjoy your blog, and I also enjoyed what you have to say here.
As a defacto member of the so-called gen Y who seems to have a penchant for relegating any form of entrepreneurial enthusiasm into brutish world/environmental rapine, I understand the attitude completely. They accuse, and then refuse to argue with you because ‘you’re just part of the problem’. It’s the equivalent of throwing rocks, then running away, and it pisses me off to put it bluntly.
I come from an arts background originally, and I think this general attitude is the result of a combination of self-perceived moral supremacy (read: narcissism), ignorance about what sweat actually produces, and I’d say, even a little post-modern frustration over the realities that the undergraduate partying is over and the working life beckons.
Or they’re just a bunch of assholes.
Regardless, great blog.
Thanks Vancityguy.
I’m from an Arts background as well which is why I get so frustrated when my fellow Arts/Social Science alumni act like this.
I hear what you’re saying though about the realities of getting out there in the world. I used to have pretty high ideals too and over time, they’ve had to become looser to accomodate real life.
Thanks again for your comments!