Entrepreneurship and Need

 

We have always been told that necessity is one of the biggest drivers of entrepreneurial activity, something which should give us all hope for a lot of positive outcomes from the current economic crisis.

Never have I seen this more clearly illustrated than at the Pride march along Market Street in San Francisco last weekend.

Market Street starts at the touristy Embarcadero and runs through the fincancial district and shopping district.  In then runs through some poorer neighbourhoods before hitting Civic Center where the march ends.

We watched most of the march from the Financial District.  Here many of the businesses (such as Peets Coffee) were closed in spite of the hungry, thirsty crowds in the streets.  Others had signs up "No Public Restrooms".  MacDonalds had a huge queue.  The only vendors selling rainbow goods were homeless wanderers,

Later on we walked down to Civic Center, to see the concert there.  As we went along Market Street the nature of the shops and the maintenance of the buildings made it very clear we were on a sliding scale of decreasing wealth.  Almost in direct opposition to this, we saw an increase in entrepreneurial activity.  Far from closing their shutters, every shop had stalls out on the street selling water, soda and snacks.  Most shops had gone to the effort to buy rainbow coloured goods to sell - including a laundrette!  Signs on doors said "toilets available,, $5 per person".  Even a strip club was charging for the use of their toilets, and advertised a range of "pride specials".  Given what one could observe for free in the streets that day, the mind boggles...

Almost by definition those of us participating in this fellowship are not in poverty.  We all walked away from successful careers to join the program, and we have to finance a small part of the cost ourselves in addition to paying the mortgage at home without a salary for a year. 

I hope that in spite of our relative affluence, we will (metaphorically speaking!) be the guys with the store on the street and the $5 toilet, and not the ones closing our shutters in case we get too busy...

 

 

 

 


Posted 03-Jul-2009 19:25 by Ian Stevenson

Comments

Lesley Sutherland wrote re: Entrepreneurship and Need
on 06-Jul-2009 21:05

What an insightful observation Ian.  We should never become complacent nor think anything is beneath us, or those monkeys will take over!

I'm looking forward to having 13 other minds help me ensure I don't lose that creativity and entrepreneurially spirit.  If there is one thing we'll do for each, its telling it how it is!!

If I'm being a muppet, you will make sure you tell me so, right?!!

Lx

Ian Stevenson wrote re: Entrepreneurship and Need
on 06-Jul-2009 22:19

For anyone that didn't go to Babson this spring, the "monkeys" Leslie is referring to are not the inhabitants of less affluent neighbourhoods!

This is a reference to a model of competition where "monkeys" are the lightweight, agile newcomers and "gorillas" are the heavyweight incumbents.

It's funny how if you stick a group of 14 people together for 4 months you develop language within the group that creates instant understanding but can be ballfing to those not in the know...

Anyway, back on topic I hope we'll all help each other to avoid the "muppet" mistakes once we're home - I'm certainly counting on it!

Lesley Sutherland wrote re: Entrepreneurship and Need
on 07-Jul-2009 13:11

Hey Ian, I was quite happy to leave it at 'the monkeys may take over', anyone not understanding may get the impression that I'm a bit 'special' and they'd be right!

As always, thanks for your clarity.

Lx

Jim Duffy wrote re: Entrepreneurship and Need
on 07-Jul-2009 20:53

Yep...'gettin down and dirty' is a viewpoint that Professor Dhebar always advocated....look at things from that weird angle and ..Hey!...something might smack you in the face...that benefits you and others...even for $5.

Looking forward to seeing you both and thanks for keeping in touch over the period...Jim

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