Welcome to Davos week – where business and government leaders, activists and media created celebrities spray us with guilt ridden appeals to make a positive impact in the world. Well, any reader here at Impact Capitalist already knows that capitalism has the ability to deliver. However, the system’s ability for good and evil depends on how people and businesses act within these systems. What is problematic is not capitalism, but mindsets and behaviors of human …
It’s Thanksgiving Day and I’m at an airport. I’ve been up since 2:45a local time. I am traveling for work. But I am not complaining because I love doing what I do. I love the impact that I’m making through business. And I have wanderlust, so I love any chance I have to get in a car or on a plane. For many years, my brother and sisters have compared me to Nicholas Cage’s character …
What Have I Been Doing? It’s interesting how many people are introspective at the end of each year. It’s also interesting how so many people develop corresponding “resolutions” because of that introspection. According to the Washington Post, 40% of Americans make New Year’s resolutions. That, to me, is a positive. (There is ample evidence that shows that less than 3% of Americans actually write down their goals.) However, according to an old Forbes article, “Just …
It has been awhile since I have posted a blog on Impact Capitalist. I’ve been focused on building 3 different companies and the content that goes along with building each of those companies. You can read about the companies I’m building and the content development with each below: Impact Physician – Here is the Impact Physician Blog. Here is the Impact Physician Podcast. Here is the list of Impact Physician eBooks I’ve been working on. RHM – Here is the eBook …
Medicine has been stolen. It has been hijacked. And we need to steal it back! Is it really that bad? We think it is much worse than people realize. For example, there are advances in regenerative medicine (where we are building our impact capitalist business, RHM) that are being confined and locked in to this hijacked model. And that will ultimately hurt patients and physicians seeking to make life better. So, who stole it? …
The Lord Loves a Cheerful Giver, but He Demands a Return on His Investment This post is meant to do what many parables in scripture do: juxtapose two seemingly unrelated, or possibly contradictory, topics. This post also considers our discussion regarding the Give-Greed Continuum and the misguided notion that God only cares about giving. This post is not about money, per se. Nor is it about the love of money or the desire for it. …
Impact Capitalists are proponents of investing in businesses or having others invest in their business(es). The benefits of having investors-owners are many. Here are a few: investors-owners can influence company policy Since investor-owners receive accounts and statements, they can put forward motions that add value oversee the practice of the business deal with unethical practices or products Provide insight and/or guidance based on experience or a different perspective Having investor-owner impact capitalists as owners of your company allows for a strong level of accountability that …
If I Bring on an Investor, am I a “Slave to a Lender?” Read More »
“When a person acts in his own interest, he frequently promotes (the interest) of society more effectually than when he really intends to promote it.” – Adam Smith (A typical Haitian street market) Capital flows to where the expected return is the greatest. I knew this academically as a teacher/professor and I knew this practically as an investor and entrepreneur, as this is what causes stock and business prices to increase or decrease over time. But …