By Tim Askew — 2015
Healthy business cultures and communities ideally develop needed nourishment, identity, and values.
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CLEAR ALL
Since entrepreneurs are creators, they hold the power to make statements that can cause a ripple effect, impacting the masses in a positive or negative way (depending on how it’s being used).
CSR might be the last thing on an entrepreneur’s mind when he or she sets out to start a successful business, but I’m now convinced it should be part of a company’s culture from Day 1.
They often bend it. But don’t demonize them—the problem is systemic.
As an entrepreneur, one of the hardest parts of my job is maintaining a healthy work-life balance. Like most of us, I have hobbies outside the office and a great group of friends and family that I enjoy spending time with.
Even though Black women are starting businesses at a rapid rate, their businesses earn less revenue, remain smaller, and have a higher failure rate.
What do Arianna Huffington (Huffington Post), Dietrich Mateschitz (Red Bull), Elon Musk (Tesla, SpaceX), and Sergey Brin (Google) have in common? Apart from their success as entrepreneurs, they all share one distinct characteristic: extensive cross-cultural experience.
In France, “Entrepreneurs used to be seen as people with nothing left to lose. Now it’s become acceptable, even desirable, to be a start-up.”
Culture is important for an entrepreneurial venture because it is the mechanism that institutionalizes the values of its founders. Culture helps employees understand how they should treat the customers, how they should treat each other, how they should act in their jobs, and how to be successful.
In massive growth, I don’t think any entrepreneur is able to pinpoint the exact moment that freedom starts to dissipate, but it does. This is because with success and scale come responsibility and logistics.
As entrepreneurs, black women can neglect their wellness and experience triggers that disrupt their mental health.