The Trend is towards making Community Stronger in 2010
Was that a year or what? 2009...we saw the arrival of the first ever Black President...the challenges that the economy brought, tighter money supplies, record bankruptcies, the loss of Michael Jackson and Farrah Fawcett on the same day, baseballs New York Yankees spend their way to a world series, loss, divorce, challenges both personally and professionally and so much more.
So take a moment now to pat yourself on the back if you're still standing and in business! As small business owners we've collectively survived one of the most interesting years in history, from an global economic front, to changes in the environment, to changes in politics, media, communications and how we do business and live our lives.
Sadly, the change is going to continue. So brace yourselves. Be open, go with the flow, allow and don't get too attached to any one outcome, as long as you're well, alive and you have friends and family that love you...you're doing awesome!
On a personal note, this year has been a year of tough sledding. Working hard and not having a lot to show for it from a financial point of view at the end of the year. I am opting for joy in the New Year...Joy is my operative word.
Yet, the hard work and tough sledding had many rewards in other ways for me this year. The spiritual rewards and the fact that I have touched a lot of lives is where my currency has come from.
Maybe, that's what the world is asking all of us for now. Maybe it's not about the material possessions or the stuff, but about how we can affect lives (for the better) and help people be all they can be.
In my work in the non-profit field, I see newcomers to Canada with little or no hope as they arrive to a new land. I have seen regular Canadians, go through job loss and change, uncertainty...but what I have also seen is that somehow we've all made it through.
I am hopeful as I write this newsletter because I believe that the human spirit and kindness will rule the day. I have come to the realization event more this year than ever that we are our brothers/sisters keepers. If you think you're not...think again.
We've all been touched by some kind of life altering event this year and we have to begin to think community first, family first rather than the "Me" first we've seen during the 80's and 90's.
Now this isn't to say 'You' aren't important, you totally are. You've got to manage your well-being on all levels or you won't be good to anyone. But once you've managed your life and wellness, then you have to step up to make the community stronger.
We need new ways of doing business, we need access to money from somewhere else other than the bank. We need communities to come together.
Three such examples of communities coming together include something called "transitional communities", "slow money" and "community micro loans for businesses"
In a CBC radio documentary that aired in the fall, write David Gutnick comments that "Slow Money" is borne out of what's happened in business and society this past year...Gutnick suggests, "Combine poisonous factory-farm tomatoes with disgraced investment banker Bernard Madoff. Then throw in a stock market disaster that cost investors their life savings.
You may have the recipe for a revolution: a public spooked by the dangers of industrial food production and investors wary of risky business."
In the article about slow money on the CBC's website they discuss one of the only growth industries in North America seems to be farmer's markets. The CBC's website goes onto add that, "Slow Money takes its name from a culinary movement called Slow Food. For 20 years now, Slow Food proponents have advocated a lifestyle in which people take time to savour food and take pleasure in eating locally sourced products, rejecting large-scale farming and the hectic way of eating and living that damages our bodies and the world.
There is an exploding demand for what small farms and food producers have to offer. Yet, banks see agriculture as a risky business, and brokers trade stock in agribusiness giants, not small, local operations.
Farmers need cash and a system to get it to them.
That's what Slow Money activists want to create: an investment system in which profit expectations are redefined so that big money can help small agricultural producers provide people with local, wholesome food."
So who's investing in the Slow Money movement?
Woody Tasch is investing in organic Canadian farms.
The CBC article writes, "Until a few years ago, Tasch chaired an organization that connects investors with small businesses addressing social and environmental concerns. He was the matchmaker, funnelling more than $130 million to hundreds of new ventures.
Businesses grew, foundations fulfilled their missions to do good works and investors made profits that were close to the stock market average. Everybody was happy.
But Tasch was hungry for a more focused approach that connected health, food and capital.
People investing in big, fast-operating companies expect big and fast returns. Tasch says that the Slow Money concept he came up with promotes the idea of nurturing capital — money that supports healthy enterprise with a modest return on investment."
Other investors are former high finance people like Cathy Berry. She made boat loads of money in the markets during the high tech boom in the 90's as a stock broker. She too now has been introduced to the concept of slow money...and is quickly developed a love affair for the kind of out comes it's helping to create.
Berry hasn't seen much of a return on her investment yet. This is, after all, slow money. But she has deep pockets and is confident her optimism will pay off.
In the meantime, she's trying to bring other investors on board. It hasn't been easy. "I think we have got too hung up on 'It's not a good investment unless we get a 20 per cent return'," she says. "Why not think about loaning money for five per cent to your local farmer?"
Small is beautiful in the world of Slow Money — but so is big.
There are more than 50,000 philanthropic foundations in the United States. Their assets total $400 billion US, most of it invested in the stock market. Needless to say, that money would be a game changer if it — or even a fraction of it — was reinvested in local agriculture.
The other key initiative that has communities coming together in a much different way is a concept known as "Transition Towns".
The main aim of the project generally, and echoed by the Towns locally, is to raise awareness of sustainable living and build local resilience in the near future. Communities are encouraged to seek out methods for reducing energy usage as well as increasing their own self reliance — a slogan of the movement is "Food feet, not food miles!" Initiatives so far have included creating community gardens to grow food; business waste exchange, which seeks to match the waste of one industry with another industry that uses this waste; and even simply repairing old items rather than throwing them away.The Transition concept emerged from work permaculture designer Rob Hopkins had done with the students of Kinsale Further Education College in writing an "Energy Descent Action Plan". This looked at across-the-board creative adaptations in the realms of energy production, health, education, economy and agriculture as a "road map" to a sustainable future for the town. One of his students, Louise Rooney, set about developing the Transition Towns concept and presented it to Kinsale Town Council resulting in the historic decision by Councillors to adopt the plan and work towards energy independence.
Some example of Transition Towns includes; Totnes, England and Santa Cruz New Mexico are two sites where transition towns have taken shape...but there are initiatives in Canada, the U.S. , England, Australia, New Zealand and Italy.
If you want to learn more about either of these two socially minded initiatives log onto
http://transitionus.org/and http://blog.lunapads.com/2009/11/green-investing-for-change/
There is also one last way that we have to transform our communities first and that's with a local business lending organization called "Access Community Capital Fund". It's mandate is to help starting entrepreneurs get a head start.
Let's face it, with job loss and our collective credit in some disarray, Access tends to turn the other cheek should you have financial challenges, what they are looking for is a great idea, mixed with character of the person and a plan to re-pay the loan. It's a starting loan...it's not big money...the maximum you can borrow is $5000.00.
But if you're out of options and you've got that dream to start a business then Access might be up your alley.
The ACCESS Community Capital Fund, a Canadian Registered Charity, is a Community Loan Fund that helps small and emerging businesses in Toronto (Ontario, Canada) to meet their need for credit by securing initial loans of up to $5000. By granting small loans to local entrepreneurs, the ACCESS Community Capital Fund is contributing to the community as a whole -- helping more people to become self-sufficient through self-employment.
ACCESS Community Capital Fund was formed to help promising entrepreneurs with viable business plans gain access to financing not available through other sources. Individual loans are made using a character based lending decision, where the abilities, skills and commitment of the applicant in conjunction with the strength of the business plan are key decision criteria. Using a 'step-lending' approach, ACCESS provides a series of loans that increase in size as the business grows in the community. You can obtain more information on Access online at; http://accessccf.com/
So as this year draws to a close and a new one begins...maybe it's about community. Maybe too we can forget about our problems a little if we help someone else out who needs it more. I recall the song the Age of Aquarius by the Fifth Dimension and we are entering the Aquarian Age now in fact and the line in the song went like this, "Sympathy and understanding, truth and compassion abound"
I would like to think that through the hardships we all collectively went through in 2009, that new ideas to make humanity fair for all will be the hope for us all in 2010.
To make a world that works for every woman, child and man. That's what I am playing for in 2010...anyone want to join in?
Have a beautiful holidays and a wonderful New Year. If you want to kick start your year...I do invite you to register for our "Create Ignite and Inspire" event happening on January 16th from 9- 4:30 at the Monte Carlo Inns in Markham, see the post below for more information on the event or log onto http://www.smallbusinessbigideas.com/CreateIgniteandInspire.pdf
Here you can log onto to see what's in store that day. We've got 7 wonderful speakers talking about health, creativity, selling, marketing, and personal growth, plus lunch and a light breakfast is included!
I hope you can make it out.
Have a great holidays and a healthy, happy abundant new year!
Cheers/David










