When we asked EO members to share how being a parent and an entrepreneur overlap for them, we heard from Joel Patterson, a member of EO Dallas and founder of The Vested Group. Joel shared his secret for work-life balance.“As any entrepreneur will tell you, finding true work and family balance is virtually impossible. Like most of us, I’ve wrestled with it for years. I would try all kinds of things, but nothing ever stuck. So I got frustrated. Thankfully, I didn’t give up. I met Bradley Callow, the founder of Rich Legacy, a few years ago during an EO program for families held at Disney World. I had no idea at the time how much of an impact Bradley and his approach would have on my family and my business. The foundation for the Rich Legacy approach has evolved through recent collaboration with Bradley’s counterpart, Jamie Born. Jamie has a master’s degree in social work from the University of Missouri–Columbia and has played an integral role in the development of the Rich Legacy programs. Bradley opened my eyes to the fact that my family not only deserves but would benefit tremendously from being viewed in many of the same ways I see my business. I would never have confidence in my employees to achieve the highest potential if I didn’t have clarity around our purpose, values and priorities. The same goes for having regular conversations to determine what we can do to better support them. The bottom line: If people on my team are rowing in different directions, we don’t get anywhere. My family is no different. The most important part of Bradley and Jamie’s process is accountability. I attended one of Rich Legacy’s Father-Son Retreats each of the last two summers. While my son and I got an incredible amount out of the retreats, we missed step four—accountability. We were warned that family goals are quickly moved to the bottom of the “list,” and that’s exactly what happened. We doubled down on accountability earlier this year and invested in a family retreat with Bradley and Jamie. Regrettably, Bradley passed away unexpectedly in May 2019, but his methods and attitude continue to leave a lasting mark on both my personal and professional relationships. We are fortunate that Jamie will be continuing the work of Rich Legacy and these processes and programs will continue to flourish. Below is one example of these processes I’ve grown to use with my family—it’s not overly complicated, but I learned the hard way execution is everything: Sounds a lot like how you would approach your business, right? Well, it is. Not only does applying many of the same tools and lenses I use to view my business make it more exciting for me as an entrepreneur, but I get to help my kids understand more about business, and what it is that dad actually does all day. You didn’t need a business plan 300 years ago because you were the only cobbler, mason or blacksmith in your town. Fifty years ago, you probably could’ve gotten away with not having a meaningful Family Plan. Times have changed.” As founder of The Vested Group, Joel has more than 20 years of experience in the consulting field. Joel was also a founder of Lucidity Consulting Group, an Oracle consulting and implementation firm. Joel has a degree in Business Administration from Baylor University. The post How Entrepreneurs Can Invest in Their Families appeared first on Octane Blog – The official blog of the Entrepreneurs' Organization. via Octane Blog – The official blog of the Entrepreneurs' Organization https://ift.tt/2XkczNf
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On 25–26 June 2019, EO presented a two-day International Entrepreneurial Summit at the United Nations focused on inspiring, educating and connecting business leaders to promote sustainable business practices. More than 180 entrepreneurs and business leaders convened to determine concrete actions entrepreneurs can take to help transform our world. The interactive International Entrepreneurial Summit (IES) focused on supporting the UN Sustainable Development Goals (SDGs)—17 goals and 169 targets to eradicate poverty, reverse inequality and halt climate change by 2030. By hosting the IES, EO aims to create momentum among leading entrepreneurs from around the world and incite connections with key stakeholders from the broader UN SDGs ecosystem—forming a network of connections that will empower business leaders to contribute in solving pressing global challenges. “The level of engagement, passion and commitment demonstrated by attendees was beyond expectations. The insights and commitment to channel entrepreneurial passion, heart, courage, tenacity and creativity into making a significant impact in the world was extremely evident!” says Brian Brault, former EO Global Chair, who was a key organizer for the event. “There was a genuine desire to support and drive EO, at the global and chapter level, to create permanent positions and infrastructure to support these efforts.” The engaging line-up of speakers for the International Entrepreneurial Summit included H.E. Dr. Michal Mlynar, Ambassador and Permanent Representative of the Permanent Mission of Slovakia to the UN; Dr. Derrek Kayongo, Global Soap Project; Andrew Wilson, ICC; Shamina Singh, Mastercard; Joshua Williams, Ashoka; Rosemarie “Bubu” Andres, EO Global Chair; and Warren Rustand, Dean of the EO Leadership Academy. During the summit, more than 180 entrepreneurs and business leaders participated in panel discussions to formulate concrete actions that business leaders can implement to tackle issues surrounding the following four SDGs: “The event ended with a lengthy standing ovation. From there, everyone signed an Outcomes Declaration and committed to adopting and advancing the action items that were created during the Summit,” Brault explains. “At the end of the summit, multiple people shared that the event changed their life and changed the way they look at EO and its ability to make a significant impact in the world.” Now that the summit is over, the next step is for attendees to partner with EO leadership to begin to make the changes that were discussed. The Outcomes represent a combination of specific action items in the short term as well as creating permanent positions and infrastructure to create a lasting approach to inspire, educate and connect EO members and their businesses to act on the impact-driven activities discussed. Following is the Outcomes Declaration from EO’s International Entrepreneurial Summit: Outcomes Declaration from the International Entrepreneurial Summit at the UN, presented by Entrepreneurs’ Organization (EO), 25-26 June 2019.
Sustainable Development Goal 4: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all. 2. Create an Impact Track with a deliverable of increasing participation of EO-member companies with the United Nations Global Compact (UNGC), with a goal of the Chapter Impact Chair achieving a minimum 20% UNGC engagement among chapter members within 12 months. 3. Create an EO-SDG education programme that includes: 4. Create a Social Impact Day that includes creating and celebrating social impact on one day globally by encouraging chapters to host a Social Impact Learning Event, which would include education on ROI to businesses, key executive involvement, member spotlights and community action. Sustainable Development Goal 5: Achieve gender equality and empower all women and girls. 2. Create a gender equality certification programme for companies and EO chapters that features pillars such as: 3. Place more women front-and-center in EO external relations, including leveraging partnerships and speaker agencies to place more EO women speaking to the outside world. Sustainable Development Goal 6: Ensure availability and sustainable management of water and sanitation for all. 2. Create an Impact Chair who will be an ambassador for sustainability at the regional level and create awareness within each chapter, to be voted in and supported with a regional budget. 3. Develop metrics for greater and more global-oriented impact outside EO members, using their influence and ability to scale. 4. EO to create and support a competition for chapters and member companies to fund a sustainable water supply for 5,000 people in water-stressed areas of the world. Sustainable Development Goal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. 2. Chapters to adopt entrepreneur nurture programmes at multiple levels to include GSEA Angels (EO member investors in Global Student Entrepreneur Award participants―both winners and non-winners), EO Cares Startup Engagement, and Young Entrepreneurship Academy. 3. Chapters to use B-Corp B-Lab Assessment to aggregate data and measure EO Impact. EO is an avid supporter of the UN’s Sustainable Development Agenda: In September 2017, EO members pledged support for the UN SDGs during the 72nd session of the UN General Assembly, recognizing the importance of solving real-world problems through sustainable business practices. In May 2018, former EO Global Chair Brian Brault was a keynote speaker at the UN’s International Council for Small Business and Micro-, Small and Medium-sized Enterprises, where he signed a declaration emphasizing the importance of entrepreneurship in driving positive change by addressing sustainable development challenges. Learn more about EO members and their commitment to changing the world through #EOImpact. The post EO Hosts International Entrepreneurial Summit at the United Nations in Support of UN Sustainable Development Goals appeared first on Octane Blog – The official blog of the Entrepreneurs' Organization. via Octane Blog – The official blog of the Entrepreneurs' Organization https://ift.tt/30924t3 |
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