Monthly archives for September, 2010

Move on

Sep17
2010 6 Comments Written by Prasad

I still remember that day in 2007. It was the 17th of September. It was evening and I was stuck at the airport, waiting for my delayed flight at Hyderabad; making one of the biggest decisions of my life.

I had been offered a meaty role in a start-up firm, and internally had decided to take the jump. However, the lizard brain was nagging me and urging me to not go ahead.

I made two phone calls. The first was to my parents, to let them know about the switch in my life. They accepted my decision and told me that I was going to rock :)

The second was to the only man approachable and who had operated in several organizations in that role. He was and is a role model; Thomas Sir. I had not spoken to him in the past three years, yet he immediately recognized me and asked me what he could do for me. I told him my background and told him that I was thinking about joining a start-up. Pat comes his reply, if you want to work in Cleartrip, I can see … all said and done, the amygdala was quitened.

At the end of the conversation, he told me one thing -

After this, there is no looking back

I did not fully understand the depth of this. I think after 3 years, I am getting it. After that jump from the corporate wagon, I don’t think I will be going back to a large corporate. Ever.

However I am only human and when I go through a rough patch in my life, I make the mistake of looking back to the day I made this jump. The moment I do this, I remember that one piece of advice … I move on.

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Why I don’t give alms

Sep02
2010 8 Comments Written by Prasad

I had meant to write this for quite some time, was putting it off – my periodic procrastination at work :)

The day I read through this article (an NGO for every 400 Indians), it was enough to spew forth a series of questions … questions aimed at people who work in NGOs and those who invest in them. With 3.3 million NGOs (the registered number in 2009), what impact has it really done to the country? At a micro-level, I agree that NGOs would be making a difference to the concerned community, but at what cost?

Do we (the nation) really have so many problems that it is taking so many NGOs to work? Imagine the amount of funding and human capital that must be going into these. I know folks who work for NGOs, and they take this funding for granted. This is the most appalling thing!! What gives you the self-righteous attitude to demand charity? (You can expect, but the day you demand I give you the bird).

The only way an NGO should sustain themselves, is not through charity, but through generating their own revenues. If the wealth of the nation is spent on giving to the needy, then the needy will never stand on their feet – they will just spread their arms more open.

Why can’t NGOs have business models and start being sustainable? Smart people will now talk about Social Entrepreneurship … what really gets my goat here, is that how is it any different from entrepreneurship? But that’s fodder for a different post.

Personally speaking, the reason why I do not give alms is that charity is a disabling act. When you give charity, it is a positive reinforcement of the fact that begging gives you livelihood. Once a person starts begging, the first thing he loses is his dignity, and then he loses his capability … downhill thereafter.

I truly believe in -

Give a man a fish; you have fed him for today. Teach a man to fish and you feed him for a lifetime.

Whenever a beggar approaches me, I offer them work instead of money. Sadly, none of them has yet to take up the offer.

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Social Entrepreneurship – How is it any different?

Sep02
2010 5 Comments Written by Prasad

I really do not see how is it any different from any other enterprise? I looked up the wiki page for Social Entrepreneurship, here’s what it says -

Social entrepreneurship is the work of a social entrepreneur. A social entrepreneur is someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change (a social venture). Whereas a business entrepreneur  typically measures performance in profit and return, a social entrepreneur focuses on creating social capital. Thus, the main aim of social entrepreneurship is to further social and environmental goals. However, whilst social entrepreneurs are most commonly associated with the voluntary and not-for-profit sectors, this need not necessarily be incompatible with making a profit.

How in the world is this any different from what a good business does? It recognizes a social problem (read loosely as a problem that the society in general faces), and it solves the problem. For any enterprise, over a period of time there will be performance metrics – profit and return merely build sustainability. These would be needed by the social entrepreneur as well. So what makes it any different? Social capital is also created by enterprises. If you go through any of the annual reports that a firm publishes, they have this term – Goodwill.

If good will is not social capital, then what is? I think social entrepreneurship is just a term invented by hacks to make themselves feel good. Or maybe its just a marketing gimmick for generating funds.

PS – Before you hit the comment button to rant, do not misread me. All I am saying is that any good business is as good as any “social entrepreneurship”, then why make the difference? Is social entrepreneurship the new green?

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