12th Entrepreneur Post: Entrepreneurship and Consecration & What a Business for?

What an inspiring week I am having because of the words of Elder Gay, Elder Holland, Larry Brilliant, and Muhammad Yunus.

I have always thought to open a business that will improve and enrich other people's lives. The readings and videos of this week guided me and answered me why this is important. Even more, the advices directed and inspired me.

Learned
It's clear to me that money itself, without purpose has no power to gives us happiness, but instead can injure and destroy us overtime. That does not mean money is not good and dangerous. Money is only a tool that can be used to make good things and bad things. Instead of be one more person in this world to use money unwisely, I feel the urge to use money in order to help others.
It touched my heart listening the talk of Elder Gay  teaching that it's the time to use business to "benefit the whole people and rescue them from poverty."
What another great example was reading Muhammad Yunus's talk! I was impressed with his story and the impact he is doing in the life of many people with the Grameen Bank, because he decided to think outside of the box.

Not Learned
It's clear that companies and people can fall in the trap of the profit and power at such levels that causes hard damages. I don't understand why companies and people haven't created ways to avoid full trust into the hands of people, such as softwares or machines. Perhaps the technology is already available, but not the support to do.

What's a Business For?

by Charles Handy

• Based on what you read in the first two pages (pages 3 and 4), why are virtue and integrity so vital to an economy?

   Virtue and integrity is crucial to an economy, and the lack of them is caos.  When people realize that the economy is destabilized because of the lack of truth, then people feel deceived, stop spending money, and so the revolt start. Companies stop to invest millions of money because the economy is not stable and that's when business decrease staff, produce less, there are less products in the market, and prices grow. 

    This is exactly what's happening in my Country today. It's sad to receive emails every week from close friends asking help to find a job. There are many families in my stake without job more than a year. When I think that this started because of lies, selfishness, and greed from the Govern and big companies, it's clear that virtue and integrity are fundamental to make economy grows and remains. 

• According to Charles Handy, what is the “real justification” for the existence of businesses?

The real justification for the business is to make profit in order to accomplish great things. I think he meant the culture of the business, the why and purpose of the business. A company cannot be created only to make profit because it would be like wild humans fighting only for the food. We are created for better, and so the businesses.

• What are two solutions proposed by Handy that you agree with? Why?

In my limited knowledge of business I think Handy suggested that it should be incorporated truth in a employe qualifications: "If, however, this new requirement pushes accountability for truth telling down the line, some good may result".

And second, that should be created a purpose based in people: "If a company takes seriously the idea of itself as a wealth-creating community, with members rather than employees".  

I agree that those solutions would help because more trustful people would be accountable, and a business with purpose based to improve people and communities would direct and give meaning to big entrepreneurs. But I am not quite sure that those solutions are enough. We are still dealing with imperfect people, and it should have other ways to forearm process when dealing with great amounts of money, maybe more transparency inside a company. Again, that's my humble opinion.