StartUp Tip #57: Understanding poverty


Starting your business is doing work that matters.

Doing work that matters entails going beyond the call of duty to empowering and uplifting people.

Doing work that matters entails understanding poverty.

Poverty is not just real life but without money.

Not if you define “real life” as the life you live right now.

The non-poverty life is about possibility. The possibility of connection, of leveling up, of a tomorrow that is significantly better than yesterday.

No, the thing that is possible does not always happen, not for most people, but living with hope is something we take for granted.

A life lived in poverty, though, is always about scrambling.

A life lived in poverty is about another kind of possibility, the very real possibility that there will be no food tomorrow, no shelter, no emergency health care for the children.

It is always about scrambling, about the risk.

Day after day, week after week, year after year, a life lived in poverty corrodes the people who have to endure it.

It erases hope, self-respect and even fleeting moments of peace of mind.

Poverty erodes people’s self-worth and confidence.

Cursed with poverty, people [not simply people, they are our relatives, our distant cousins, friends of friends, people just a few handshakes away in the global network in which we are all connected] waste opportunities because they cannot see them.

Poverty is an iron ceiling, a ceiling four feet off the ground, a ceiling that forces those who live with poverty to spend their days hunched over, on the edge of fear and humiliation.

People are not poor because they are lazy, they are poor because of a broken capitalist system that is skewed to drive significant gains towards few people.

Greedy bankers are a classic example of a broken capitalist system that perpetuates poverty.

Starting your business and creating innovative solutions, creates new industries, new industries means new jobs, and new jobs means reduction in poverty.

People don’t want handouts, they need work.

You gain pride and confidence when you earn something you worked form.

People don’t need aid, they need trade.

Social grants don’t eradicate poverty, they maintain poverty.

Henry Ford started Model T, which resulted in the need to construct roads, which meant the need for filling/gas stations, which made it easier to drive to another city to trade, which made it easier for cities to develop.

Model T resulted in the development of other industries and creation of jobs and alleviating poverty.

It all started with Henry Ford’s startup.

It all starts with you and your startup.

Just another reason you should persevere in your startup.


One thought on “StartUp Tip #57: Understanding poverty

  1. Thanks for reminding me of the bigger picture; when the business is not doing too well it is easy to forget that poverty is the giant we are fighting; for ourselves and generations to come.

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