Thread by @i3impact

1/
“The inherent vice of capitalism is the unequal sharing of blessings.” - Churchill

Thesis: how an enterprise shares profits determines the depth of its social mission.

Discuss.

2/

“The inherent virtue of socialism is the equal sharing of miseries” - Churchill

Thesis: the profit motive is the most powerful misery-alleviation mechanism man has yet invented.

Discuss.

Perhaps one of the essential challenges of defining #impinv lies not in defining the impact, but rather in figuring out how to equitably share an enterprise’s profits without introducing regulatory overreach?

Put another way, I think we’d all agree that to those who take great risk, the potential for great rewards should flow. But the value of that “founder risk” gradually shrinks as an enterprise stabilizes, grows and hires.

Profits are the precondition for sustainability; without them, an enterprise - even one with an inspiring social mission - will have no impact. But HOW those profits are distributed may define the impact profile of the company even more that the company’s activities?

At the @REALLEADERS 100 celebration right now, and am incredibly impressed/inspired by the breadth, passion, innovation and commitment displayed by the entrepreneurs. Lawyers. Manufacturers. Artists. Chefs. Financials. All using #BusinessForGood.

I wish @AnandWrites were here to experience and listen as the conversation flows. I suspect his cynicism and bitterness may be slightly moderated. Tough to remain uninspired by this group. I sure am.

I’m with @BlendedValue: time to double down on #impinv!