“Do You Have the Money Daddy?”

by Eugene on October 25, 2011

Baby 2 Entrepreneur Pic

“Do you have the money daddy?”  Could you imagine your daughter asking you that?

Recently I had an opportunity to address members of Philadelphia’s City Council at a Good Jobs Briefing.  I spoke along side working members of a large local union.  On a quick side note, it was so cool to be in Council Chambers, a place where laws and policies are created!  You could just feel change in the air!  Anyway, getting back on track, the briefing presented an opportunity for members of the union to speak to the moral obligation of government to provide good jobs for its citizens.  I was there speaking on behalf of P.O.W.E.R. Philadelphians Organized to Witness, Empower, and Rebuild.  An organization whose sole purpose is to effect positive change in the city of Brotherly Love and Sisterly Affection.  The focus of POWER’s first city-wide campaign is to ensure that 10,000 Philadelphians get connected to jobs within the next 5 years.  A worthy cause!

Nationally we know our economy has it’s challenges and although our President is laying out great ideas there are those who choose to stand in the way of progress.  But I’ll save that for another blog post.  Looking at our local numbers we find:

Philadelphia’s poverty rate has increased from 23% to 27% over the last decade

Our unemployment rate sits at 11%

The median household income dropped 15%

For 2012 the City Budget is $60M short

Bleak numbers to say the least.  What’s the answer?  Who’s responsible?  The short answer, we all are!

During the briefing a gentleman spoke about a letter he received from his place of employment.  The letter informed him that after almost 20 years of service his job “would end no later than September of 2012.”  What do you do in a situation like that?  His job could end tomorrow or it could go the full year, what kind of way is that to live?  He went on further to tell the story of how he attended his daughter’s back to school night some time after receiving that letter and afterward he asked her if she wanted to go grab a bite to eat.  Her response, “Daddy, do you have the money?”  There was a simultaneous gasp from everyone in the room.  It doesn’t matter if you have children or not, and I don’t, but there is no way anyone with a heart didn’t feel his pain at that moment.  The unfortunate thing is, stories like this are becoming all too common in our city and our nation.

I believe entrepreneurship is a huge part of the solution.  An entrepreneur by definition is “one who undertakes an enterprise.”  Another definition says, “an entrepreneur shifts economic resources out of lower and into higher productivity and greater yield.”  So the person who starts the paper route?  Entrepreneur!  The person who figures out a way to turn a passion into a paycheck?  Entrepreneur!  Some people say they want to be their own boss so they can do their own thing.  Nothing wrong with that although, I’m not saying that you need to jump out there and quit your job.  Nope, your job serves its purpose.  I’m saying learn how to create and operate a business for the security it can provide for you and your family.  Imagine if the gentleman I mentioned earlier had been cultivating a part time business for the last 20 years while working his full time job.  At this point, his part time business would have probably been paying him a full time income so if that same letter arrives, the feeling in his gut wouldn’t be one of fear.  It would be, as I’ve heard Les Brown say, “Hey, maybe the universe is presenting me with an opportunity to do my own thing.”  He’d be at a point where he could wholeheartedly say, “I’m so glad I did!” rather than, “I really wish I had!”

If you’re willing to grow through the process of being bad before being good and if you’re willing to continue to push forward even when it seems like no one believes in your vision but you and your dog, you’re ready!  Network marketing is great because you have an opportunity to join a business as an independent contractor.  You can learn many of the necessary entrepreneurial skills from a network marketing business.  Skills such as leadership, sales, and training.  You also learn, and I feel this is paramount to all others, how to embrace the word ‘no’ and keep it moving!  That word cripples lots of folks!  The digital world has opened us up to exponential opportunities which is why online businesses are growing at a ridiculous rate!  Now, the inner city kid in California can address the global marketplace!  If we’d only take a minute to look, we’d see opportunities abound!

Yes, government should create jobs.  I agree 100%.  I also agree that we need to promote entrepreneurship at every possible opportunity.  We know companies go out of business and jobs become obsolete.  Having a plan B is no longer just a good idea, it’s protection for you and your family.  Job security is no longer.  Every chance I get, I’m talking to a young person about starting their own business.  I ask them what they love to do and talk to them about how it can be converted into a business.  Although common sense isn’t always that common, this is just one of those things that resonates with my spirit and makes absolute sense to me!  And, by the way,  it’s lots of fun to create!

So I say to you, write your book, start your blog, create your business, get in front of a computer and do a little research, and implement your Plan B!  Rather than your son or daughter asking you, “Daddy, do you have the money?” he/she will be asking, “Mommy/Daddy, which successful business are we launching this year?”


{ 2 comments… read them below or add one }

1 Allison Walker October 25, 2011 at 11:04 pm

This is a great piece of work! Once again, your words of wisdom will fall on the right ears. Keep it coming!


2 eugene October 26, 2011 at 12:08 am

Thanks a lot, working on getting the info to fall on many more ears! Plan B sometimes means Plan Best!


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