Let's Fix Business

CollaborationI had a meeting with a new friend on Friday, Brian Schwartz.  Brian is a-friggin-mazing.  He’s created this incredible project called 50 Interviews – which he describes by saying: “My intention was simply to explore the possibilities of entrepreneurship to see if it was the path for me.  It was my wise and wonderful wife, Debi, who suggested I interview 50 entrepreneurs.”

Brian’s project is, without a doubt, one of the most important ideas ever to grace the realm of business.

One man, seeking wisdom, finding experts, and not only promoting those businesses and lauding them for their amazing success and achievements, but creating one of his own at the same time.

If you’ve met with me in person, I’ve undoubtedly told you that business, as it exists today – that is, corporate, sleazy, competitive, tie-wearing, 8AM coffee chugging BS business, is going to die a slow, painful death.  The future business world will be ruled by roving bands of entrepreneurs who group together and do the work previously done by medium and large-size corporations.

Millennials will not play the regular corporate game. Only 20% of 2009′s grads are employed after looking for jobs.  The jobs that are available require highly-skilled people willing to accept dirt-poor salaries.  71% of those under 30 are looking to switch jobs after the “economic recovery”.

The writing is on the wall.  It costs 130% of a person’s salary to fill a position after a layoff.  130%!  If you think the economy will recover by bailing out and supporting big businesses, you’re absolutely nuts.  These companies are failing for a reason.  Laying off your workforce is not the answer.  I don’t care how you justify it – when you lose people and have to pay 130% to hire each one back again, you will never recover those costs.

Those jobs are gone – probably forever.  That talent, that knowledge, will go to better use for your competitor, for an entrepreneur, for… well, you name it.

In order to fix businesses, we have to collaborate, not compete.  We have to be secure in the knowledge that the “king of the hill” mentality is a game played by losers and only one winner.

The three most important words for business today, besides “Let’s do coffee…” are now “Let me help.”

Lincoln knew this.  A house divided against itself cannot stand. Let’s win together.

How can I help you?

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  • I Am Nick Armstrong