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Enlightened BusinessTM Summit 2012: Lynne Twist
[0:00:00] Stephen: Good morning everyone. Welcome back to the Enlightened Business
Summit. This is Stephen Dinan, your host for this series. I am just delighted to be bringing to you one of my greatest inspirations in the realm of money and philanthropy and just generally living a committed passionate life.
Her name is Lynne Twist and we’re going to be talking today about the
soul of money. Lynne is a global visionary, consultant, speaker and award winning author of the book The Soul of Money.
She’s really dedicated her life to global initiatives to create a sustainable
future ranging from the Pachamama Alliance where she works with indigenous people of the Amazon and using those insights to educate and inspire individuals to bring forth a thriving just and sustainable world.
She also does work with the Women Nobel Peace Laureates. She’s the
Founder and President of the Soul of Money Institute and over her career of philanthropy she’s raised hundreds of millions of dollars to create solution for humanity’s most pressing issues and won a bunch of awards including, this is new. I didn’t know, the “Woman of Distinction” award from the United Nation, so quite a track record and just heartfelt committed action for the good of the world.
So Lynne, thank you so much for joining us. Lynne: Oh my goodness, what an introduction. Thank you, Stephen. Wonderful.
Thank you so much. It’s a delight to be with you. Stephen: It’s great to be with you. There’s so much we can talk about. We’re going
to focus in on money today because I think that’s one of the areas where you have a lot of good medicine that we need in our relationship with money.
So maybe we can start with where you see the predominant culture is.
How do we think of money in a way that actually is inaccurate or unhelpful right now?
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Lynne: Well, I think we have a society has a pretty dysfunctional relationship with money. It seems like it’s so personal to each one of us. Everybody kind of feels like they’re wrong in their relationship with money. I mean very, very rarely do you meet someone who feels healthy and well in their relationship with money.
Most people feel embarrassed or wrong or guilty or behind or in trouble.
There’s just so much suffering around people’s relationship with money and divorces, child custody suits, legal cases.
We have a real I think just a huge amount of upset, suffering and anxiety
in our relationship with money in this massive, massive consumer culture. I do a lot of work with people on that topic to transform their relationship with money.
So they have a little peace and freedom with it. We all think that if we
just had more money, it would all be better and of course it is better when you have a little bit more money than you had before. All those problems don’t go away.
I’ve learned from some of the billionaires I’ve worked with in the
billionaire families that the massive amounts of money that some of these people have actually doesn’t resolve everything. There’s a lot of addiction, a lot of isolation, a lot of abandonment, depression issues in some of our wealthiest families.
So you can see from that and just knowing yourself that it doesn’t resolve
everything. At the same time I think the anguish, the anxiety, the upset, the suffering we have about money is really rooted in society’s misunderstanding of what money is.
If you go all the way back to the invention of money when we created it -‐-‐
first of all, we kind of forger that we created it. It’s our invention. It doesn’t grow on trees or pennies don’t rain from heaven. Money was an invention of the human family.
We invented it. Money historian say somewhere between 3,500 and
4,500 years ago. There’s a little discrepancy there, but a while back. It’s actually kind of fairly recent in the history of humanity. We invented it to facilitate the sharing of goods and resources with one another so everybody would have a fair chance.
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That was our original intent with money, to facilitate the sharing of goods and resources in an equitable way so everybody would have what they need. That original intention is no longer very operative.
Right now, money often marginalizes. It controls. We use it to dominate,
to manipulate. We withhold money for massive numbers of people and pile it up at the top of the pyramid because of all these instruments now starting with interest in banking and all the derivatives of that whole system, our actual money system drives all of us including our nation, our world into debt.
The actual system generates debt rather than wealth. Money comes into
existence as a debt. It gets loaned into existence. There’s always less money in circulation than there is owed.
[0:05:03] People don’t know that the Federal Reserve is a private bank and not a
government owned bank. So it’s loaned into existence at the request of the government by the Federal Reserve in our country in a way that has interest attached.
So we always have less money in existence than is owed back and that
creates imperative for growth or the whole system will collapse. So these are some of the things. I have a lot more to say about it I promise.
Stephen: Yeah, there’s a lot in there. So there is a truth in scarcity, but the scarcity
is actually human construct. We’ve created the money to be scarce and that creates a certain psychology around it in a way.
Lynne: Yes, and then the scarcity mentality, which I can unpack quite a bit if you
want me to, is part of the suffering. I would say to kind of go back a little bit, the source of all suffering according to Buddha is a lie. The source of all suffering is a lie.
I say that the source of our suffering around money is the lies we tell
about it. First, we have forgotten that we invented it. We’ve made it more important than the natural world. We will cut down a rainforest, pollute a river, destroy the very fabric of life for money, the very life support systems on which we depend which says that we’ve made money more important than the natural world which everybody knows is a lie.
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We’ve made money more important than human life. We will kill for money. We will marginalize huge numbers of people and have them not have a chance to make it for money.
We will even if a simple example is loaning money to a friend knowing
that they’ll never pay us back and then we can’t even talk to that person anymore. We can’t be around them anymore or a brother or sister or mother or father over money issue. We can’t even talk to them anymore.
So we make money more important than human life and we all know
that that’s a lie. We give money this enormous importance when it’s our own creation, our own invention.
We’ve made money more important than God or spirit. We’ve given it
more significance. We’ve given it more power than the most powerful thing we know which is love or spirit or relationship with one another.
So these are all lies we tell around money that make our suffering even
greater around money because we’ve made it so important that we’ve lost any kind of equilibrium or balance with this stuff called money.
Stephen: Well, I think everybody can feel into the truth in what you’re saying.
Sometimes it can cling to the other polarity though and then the “spiritual” people sort of start thinking money is bad or wrong or anything attached to money. That actually creates its own sort of distortions and problems, right?
Lynne: Yeah, I agree with that. So that seems like it’s a good thing, but actually
money still has you. When you’re in denial about it, it’s just as much of a grip as if it has you by the throat.
So we’re swimming in a consumer culture or monetized culture that
monetizes and modifies absolutely everything. We know that that is actually a lie. The biggest lie I think we tell about money is what I call the lie of scarcity which now when I say scarcity is a lie of scarcity I mean an unconscious, unexamined set of assumptions that we have around money and also around time that have us behave in ways that are inconsistent with our humanity.
So this lie of scarcity or I’ll call it the condition of scarcity, it’s an
unconscious, unexamined whole network of assumptions that are kind of before thinking not after thinking and deliberation, but before thinking.
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So we kind of have almost like a helmet on our head looking out into the world. The way we look out into the world before we even think about it is there’s not enough.
There’s not enough time. There’s not enough money. There’s not enough
vacation. There’s not enough love. There’s not enough sex. There’s not enough this. There’s not enough that. There are not enough hours in the day. There are not enough hours in the night.
This there’s not enough mentality or unconscious, unexamined set of
assumptions. Now, I’m talking about affluent cultures. I’m not talking about placed where people don’t have enough water or don’t have enough food.
I’ve worked on hunger and poverty. So I’m very, very keenly aware of
places where truly there isn’t enough. I’m not talking about that. I’m talking about the kind of people who are probably listening to this program who think they need more of everything all the time and that there’s not enough money or there’s not enough time or there’s not enough this or there’s not enough that to get it or they are not enough.
It’s not enough. We’re not enough. There’s not enough. It’s kind of the
topic of every conversation. We even wake up in the morning and pretty much on automatic pilot just assume we didn’t get enough sleep no matter [0:10:07] we’ve had.
So we have this kind of there’s not enough mentality and that gets ever
more intense with the pace and the speed of modern life. Money is a huge part of that misunderstanding about our lives.
[0:10:24] I usually talk about it in three different distinctions. I call them toxic
myths. The first one is there’s not enough to go around and someone somewhere is always going to be left out. There’s not enough.
The second is more is better. It’s an unconscious, unexamined way of
looking at life more of anything is better. So we just accumulate like crazy way more than we need pretty much everything.
Then the third is that’s just the way that it is and there’s nothing we can
do about it. That kind of holds this whole mindset, this mindset of scarcity in place.
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When you break free from that mindset, when you can clear that away
you see what I call the radical surprising truth. First of all, it’s important to kind of notice that the mindset that we live in is one that’s embedded in a perception of the world that there’s just not enough.
You have to accumulate as much as you can to separate yourself from the
people who are going to be left out because you don’t want to be one of them because someone somewhere there’s always going to be left out. Then that’s just the way that it is and you got to live with it.
Those three, I call them toxic myths that make up this mindset of scarcity.
It’s really heavy around money and heavy around time. Stephen: Let’s shift towards the emergent paradigm. Let’s call it a healthy
relationship with money. So what do you see that really looks like and how do we begin to shift towards that?
Lynne: Well, if I can use a metaphor that I learned from a very enlightened
human being that I met in Harlem, a woman who you wouldn’t call someone who had massive resources. She would be considered poor even, but I don’t call people poor any longer because now that I’ve worked with people in resource poor places like Ethiopia after the 1984, 1985 famine or Mozambique after that war or Bangladesh or even in our urban ghettos.
When you really work with people who live in harsh, oppressive resource
poor circumstances, you realize that there’s nothing poor about them. They’re courageous. They’re brave. They’re innovative. They’re intelligent. They need to exhibit more courage to live through a day than most of us are going to need in a lifetime.
So to label them by their circumstances is inappropriate. Who they are is
whole and complete people living in the crushing reality of resource poor circumstances.
This woman, her name was Gertrude. She was living in resource-‐poor
circumstances in Harlem, yet she was whole and complete and knew she was in a very dignified and powerful manner in those resources which she earned from being a person who did people’s wash as a laundry and felt very sufficient in her capacity to earn resources and to spend them.
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To encounter someone who lives on that kind of what we would call the margin of life and see how whole and complete, how satisfied and fulfilled and content she was, she really taught me a great deal. One of the things she said that gave me access to how I want to answer your question about a healthy relationship with money.
She said to me in a setting in New York, “You know money is just like
water. It flows through every single life. For some people it comes through like a rushing river almost like a flood. For other people it comes through like a little trickle. That’s how it is with me, but I know that it’s meant to move on.
I know that money needs to keep moving just like water. Just like water
when it’s moving it can nourish. It can make things grow. It can cleanse. It can purify, but just like water when it’s hoarded, when it’s held, when it’s stuck it can become toxic or stagnant to those who are holding it from greed. When it flows it can nourish the world.”
So she said to me, it was in a fundraising event, “I’m going to take the $50
in my purse that I earned today from doing someone’s wash and I’m going to pass it on to you to end world hunger because I know that I have the power to direct my money anywhere I want to do the best job, to do the most good for the most people.”
[0:15:10] So I would say this is a woman who had a healthy relationship with
money. She didn’t have a lot of it, but she knew that it was meant to move on and that she had the power to direct it where it would do the most good for the most people and allow that to nourish her life and nourish herself.
Stephen: It’s a great story. So many people think, “Oh, I’ll do that once I have a
certain,” they’ve got their number in their head and they can start to relate that way. It’s really about relating for whatever size of flow we have.
Lynne: Yes. Really what she demonstrated to me is what I call the radical
surprising truth which is that we actually if we really pay attention to our lives we have enough. We have a sufficient amount of resources.
Now, I know we all think we need more everything, but that’s the mind-‐
set we live in. If you can clear that away enough and start to appreciate
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what’s already there, start to use it well, start to share it with other people, start to make whatever resources you do have useful in a contribution to yourself not only yourself, but to others.
You realize you have way, way, way more than you thought. My kind of
way of talking about true prosperity is true prosperity comes from collaboration and sharing not from accumulation.
I think we want to be ultimately in a healthy relationship with money. We
want to be known for what we allocate not what we accumulate. That in this context that I’m recommending of sufficiency, sufficiency meaning enough not abundance, but enough knowing that the universe meets us with exactly what we need both financially and in other ways and even sometimes gives us a bankruptcy.
We may need that. We may need to learn from a mistake we made. We
may need to be humbled by a downturn in the economy. I’d even say right now if I can go to this, Stephen, the financial downturn, the financial crisis, the financial cataclysm that has taken place since 2008. I have an explanation for that.
It might be a little bit different than most, but I’d like to say that as
someone who works in environmental issues. In 1987, the human family crossed a very, very important threshold and line. That line was that we began using more resources from the earth than she can regenerate in her age.
So in 1987, we began using more resources than she can regenerate. So
we went into ecological debt as of 1987. Now, that was a very, very important milestone, unfortunate one in the human journey because now we’re using 41% more resources than the earth can regenerate.
So we’re living off an ecological credit card that we can never pay back.
Ecological economist said in 1987 within 20 years we would have a huge economic crisis to reflect the ecological debt that we are starting to live into.
In 2007, 2008, sure enough we have had a huge economic crisis, eco-‐eco,
they’re related. The economy is a subset of the natural ecology. So if we’re in debt in our natural use of ecological resources, we will not in my view come out of the economic crisis until we live within our ecological means. That’s when the economic crisis will be over.
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We’ll just keep borrowing and creating more and more and more debt which will be greater and greater and even more accurate reflection of a species that’s lost its way. So you just asked me about that, but I thought I’d throw that in there because I think it’s a pretty important point.
Stephen: Yeah, I think it’s fascinating. So what do you think the macro economy
would look like? We’ve been addicted to growth, growth, three or 4% more every year in developing world even more and measuring our growth by our kind of output of products. So what are some of the assumptions that really need to shift in order to align more with the ecological requirements?
Lynne: Well, I think we need a new money system. Now, that’s a tall order, but
people like Bernard Lietaer and Jackie Dawn. There’s thousands and thousands and thousands of alternative currency systems that are not rooted in debt that are rooted in productivity and exchange.
[0:20:11] So our current money system is actually rooted in debt and that creates
an imperative for growth. An imperative for growth doesn’t work with finite resources. So that is not a fit. A new money system or even an alternative money system that we can use which is what we’re doing in the Pachamama lines in Ecuador, alternative money system where money comes into existence through productivity rather than through debt.
So for example, if you are a bus driver -‐-‐ and this is the way it works in
Ecuador now in ten different communities -‐-‐ and you want to drive me to work and I’m a waitress and I want to serve you lunch. Do we need a currency to do that? That is backed by banks that generate interest or can we just exchange those two services?
Through an electronic system in Ecuador that’s now possible for people
to exchange services through an electronic system that doesn’t require any particular currency that doesn’t inflate, that doesn’t carry interest and that allows people to do exchange through productivity.
So there are many, many people who are experts on this. I’m not one of
them, but there are alternative money systems all over the world now that are popping up that will give us another way of dealing with each other that allows us to live in a kind of what’s called a gift or a split barter economy.
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Charles Eisenstein was one of the people working on this as well. Then
another way of looking at it that’s more spiritual is to start paying attention to the distinction of sufficiency or enough. That distinction, that way of seeing, it’s hard to pay attention to that in a consumer culture that’s driving you to always want more.
When we realize we have enough, that recognition, that experience is
where gratitude comes from. Gratitude, gratefulness and appreciation are the source of real happiness in life not more stuff. We all kind of know that, but when you think about when you’re in an experience of deep appreciation, profound gratitude or gratefulness that’s when you feel prosperous.
That’s when you feel happy, that’s when you feel fulfilled. It’s not
necessarily associated with more of anything. It’s the recognition of what’s already there.
So this is a transformational lens I’m recommending, almost a spiritual
lens. One of my great teachers now is Brother David Steindl-‐Rast. I’m going to give you a metaphor that he gave me that’s just so helpful. He’s a Benectine monk as I know you know.
He lives in silence a lot of the time. When he speaks he has beautiful,
beautiful wise words to say. One of his silent periods was two years long. After that two years long silence I had a meeting with him. Brother David is the greatest living scholar on gratefulness in the world.
So he’s known far and wide for his books on gratefulness, his website
gratefulness.org, his talks on gratefulness, his great teachings on gratefulness. He’s a simple monk with no possessions who lives in absolute joy.
In this meeting I had with him I said, “Brother David, what’s the
difference between gratitude and gratefulness?” He put his arms out extended on either side and he said with his right hand, “Well, Lynne, gratitude has two great branches.” He gestured to the right and he said, “One is gratefulness,” and he gestured to the left and said, “And the other is thanksgiving.”
He said, “Gratefulness is the experience when the bowl of life is so full
that it’s almost overflowing, but not quite. It’s the experience when the bowl of life is so full that it’s bowed at the top, but not yet dribbling over
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the edges. That’s the experience of the great fullness of life and when you’re in the great fullness of life, you’re one with God, you’re one with the universe and there is no other.
You’re so fulfilled by that experience that you move into the other branch
of gratitude,” Then he gestured to his left side, “And you’re in thanksgiving where the bowl of life is so full that it’s constantly overflowing like a fountain. There, in that branch of gratitude you are so grateful that there is another because all you want to do is share and give and contribute and serve.
[0:25:34] That’s so fulfilling that it puts you back in the gratefulness of life in the
other branch of gratitude called gratefulness.” So now to answer your question, one can live their life as he does in the
two branches of gratitude, in gratefulness and in thanksgiving. Gratefulness I would say is sufficiency. The profound experience of being met by the universe realizing the enoughness, the bounty, the great fullness of our lives, the people we love, the people who love us, the friends we have.
The warmth and safety of our own home, our health, that’s the great
fullness of life. That’s when you’re really, really in touch with the bounty, the beauty, the sufficiency of your own life.
When you’re in that appreciation, in that gratefulness, it overflows into
thanksgiving. Then when you’re in thanksgiving the other branch of gratitude, you want to serve and give and contribute and share. That is in my metaphor true abundance.
I say true abundance only comes through the doorway of enough not the
doorway of more, but through the doorway of enough, through the portal of appreciating what you already have. I often say what you appreciate appreciates.
So living in appreciation for what you already have, the bounty and
blessing of the sufficiency of what you already have is a healthy relationship with money and life. That overflows into contribution, service, sharing which is the other branch of gratitude called thanksgiving.
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You can live your whole life in those two branches as Brother David does, as Gertrude the woman in Harlem does. You don’t have to be someone who’s taken a vow of poverty to do that. People with tremendous resources can live in the two branches of gratitude in a way that they have a healthy relationship with money.
That can be someone who has great wealth as well, but it’s an attitude.
It’s a transformational framework. It’s a way of being true to the gift and the blessing of life, who doesn’t scramble for more everything all the time.
No matter where you are in the economic spectrum you can immediately
shift from being in scarcity to being in the context of sufficiency, gratitude, gratefulness and thanksgiving.
Stephen: That’s such an inspired perspective. I really appreciate sharing Brother
David’s perspective on all this. Let’s circle it back around to entrepreneurships and businesses and how does this begin to shift how we do business and create businesses?
Like we went from the macro economy and some of that level and a lot
of the folks who are attracted in Enlightened Business Summit are going to be people who have small businesses that are trying to serve the world in some substantial way of really trying to shift things out. How do we begin to shift the way we design our small businesses in a way that reflects this paradigm?
Lynne: Well, first of all I think it’s really important to make sure that you’re
making a living not making a dying or a killing. So what I mean by that is most people on this planet are unfortunately making a dying, that is doing something they hate or doing something that does not give them full self-‐expression just to bring home the bacon.
I call that making a dying, working in coal mine or working in a place
where you’re doing hard labor and it’s not really a place where you can express yourself or people making a killing. Making a killing, the way I define that is that you’re doing something you know is harmful.
You know you’re putting toxins in the environment. You know that you’re
marginalizing someone somewhere or that you’re doing that at someone’s expense, at the expense of the natural world, other species or other people.
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Most of the businesses that are on this planet are now making a big fortune are in that category. Exxon had the largest profit in the history of money last quarter. That is just unbelievable and they pay no tax.
[0:30:07] So you think about the making a killing, making a dying. You want to
make sure you’re not doing that, but making what I’m calling a living. Making a living is being in a business that actually is of service to human kind, other species in the natural world.
It is something that has true benefits that you’re actually producing
something. So much of our economy now and pardon me if you’re in the financial industry though. I must say is in the financial industry where people are actually making money off of money and not producing anything.
People who actually are producing something that makes a difference
that makes life better for people and doesn’t do it at the expense of anything are the people who I say are making a living.
If you think about the guys who started TOMS Shoes for example. I know
him and he started his company, this is a company that you buy one pair of shoes and another pair of shoes is given to someone in the developing world that doesn’t have shoes.
So you’re always buying two pairs of shoes for the money that you pay
for one. From the very beginning of his company it wasn’t that he had a big company and then he made this decision. He started his company with that ethic that the people who can afford to buy 26, 27, 30 pairs of shoes and have them in their closet all the time.
If you think about it, maybe you don’t because you’re a man, but most
women listening have probably 20, 30 pairs of shoes, where in developing countries people have no shoes. So if we can buy another pair, can we buy another pair in a way that provides a second pair for someone else?
So he started his company with that original ethic. That’s an example of
somebody is making a living in every possible way. He’s using resources that are sustainable, that are recyclable, that are designed to go back into nourishing the earth. It’s a business that is productive.
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I think the thing that we all need to look at is where are we doing harm and in what way can we stop doing harm? Just using plastic bags is harmful. We need to stop doing that. We can.
So I’d say that anybody who’s creating a business now, a small business
which you want to be big. Obviously you want it to grow and if it nourishes, if it takes what we already have from appreciation and nourishes it and passes it along. That’s a business that is making a living and generating the affirmation of life rather than extracting or exploiting in a way that is detrimental to life and to the natural world.
Also obviously I’m sure many of your guest have talked about this that
you provide an environment for people to express themselves and be in communion with the company’s goals and visions and ethics. That the bottom line is not just financial, but people planet profit and now there are many other bottom lines even more than that.
So we need to find new ways through business is the largest institution
on earth and can be the tide turning institution. I think it is and I think it is already starting to do that.
Stephen: What about things like other best practices you’ve seen in terms of really
creating conscious companies? Things like transparency or even like ways to incentivise people’s salary, bonuses like stock options. Do you have thoughts on that? I’m kind of sounding really nitty-‐gritty level?
Lynne: Well, I think one of the things that I’ve learned from one of the clients I
have. His name is Don Arnold [Phonetic]. He’d be a wonderful guest on your show. He’s writing a book on exuberant work.
He said some things to me that really made sense and I want to pass
them along. He said, “If you really think about it, people spend 80% or more of their waking hours and days and months and weeks earning money doing their job.
So how can we have 80% of their life be satisfying, fulfilling, growth-‐
oriented and where their relationships are powerful and nourishing to them? That their work makes a difference and they feel good about themselves?
[0:35:10]
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To me, that’s the opportunity of being a great employer is to think about the people that are working in your company, working with you. They’re spending 80% of their life in your keep, you could say, or in what you’ve created.
So what is the physical environment look like? How are you handling that
physical environment? Are there living things there? Are there plants? Is it healthy? Are there relationships?
Are there places and ways that if the relationships with their coworkers
go into some sort of breakdown, rather than having it only be their problem, can you create a human resource facility or capacity to have people’s breakdowns turn into breakthroughs in their relationships with one another?
So to have an actual healthy working space and to have a healthy
relationship space for workers and that takes skill that takes time that takes energy. What it really takes is love and that’s an unlimited resource in a company if you’re doing what you love. That is an unlimited resource and to not let things as Angelo’s area and one of my teachers says, “Go for more than three days.”
If there there’s a breakdown in a relationship, a mistake or an insult or a
hurt that you resolve it within three days. So it doesn’t get stuck in the company’s culture. Oh, we never talk to her. Don’t eat lunch with her. She’s grumpy today. That it doesn’t become part of the company’s culture to watch the culture and keep the culture clean, clear and keep people in communication.
Then another is to really have your company be a company where
acknowledgment and celebration is part of the culture. What can we celebrate at the beginning of each week that took place last week? What can we acknowledge that we produce? What territory did we take before we make our commitment for this week or this month?
So that acknowledgment celebration, having people feel and be affirmed
and feel seen and heard and appreciated becomes a cultural. It’s part of the system, part of the Monday morning meeting, part of the monthly report, part of the way people deal with each other that you actually train and develop the muscles of acknowledgment and affirmation which is different than compliment or flattery.
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It’s actually precisely acknowledging people for their unique gifts, talents and results in a way that’s public and they feel seen, heard and appreciated. Companies that thrive do that.
Then to really make sure that there is some policies for women that allow
women who are in the work force now big time to also have families. I’m big on this.
In the Scandinavian countries, both men and women get maternity and
paternity leave when they have a baby. Their job is guaranteed when they come back and they get pay. We could go a long way towards policies that are more friendly to particularly women or single men who are raising kids in our country and in our businesses and to build that at the very, very beginning.
Obviously, health care is a huge part of the cost of earning a business and
to do that in a way that no matter how much cost you build it into your business cost and do it in the most equitable and most efficient way. Make sure that you don’t not have that.
I work in what I call the social profit sector, but it is also called the non-‐
profit sector. A lot of non-‐profits don’t have retirement plans. They don’t have health care for people. That’s inappropriate. We need to find a way to do that.
We need to put that in our bottom line commitments rather than when
we can afford it we’ll provide that for our people. No, I think that needs to be right there at the outset, something that you put in as soon as you possibly can.
Stephen: Great. Well, there’s so much wisdom in this. I also want to open to some
questions from audience. If you’re on the live line on telephone line just hit *2 and that raises your hand or you can type it into the webcast.
Maybe while we’re waiting for folks to type in questions or raise their
hands, I know you’ve got a really exciting opportunity next year that you’re going to be doing with Dave Ellis. Maybe share a little bit about that.
[0:40:20] Lynne: Oh, I’d love to do that. Well, Dave Ellis first of all is one of my dear friends
and also somebody that I totally admire. Dave is a best-‐selling author.
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He’s written and sold the largest selling textbook in history, it’s called Becoming a Master Student.
It sold millions and millions and millions of copies. It’s a number on best-‐
seller in the academic world. He’s the head of a coaching school and training company that coaches people. He’s been my coach for many, many years, my personal coach.
He’s also coached Muhammad Yunus who won the Nobel Peace Prize.
He’s an extraordinary guy. He and I have always wanted to do something together and he’s a very clear clairvoyant space on money. That’s an area where I have a lot of things to contribute to as well.
So we’re creating a pretty killer course we think called More Money
Guaranteed. I’ve got the website here, I’ll tell you in a minute, but More Money Guaranteed. Here’s what it is. It starts in February and goes to October. It’s nine months long. There’ll be webinars, two in person three day sessions, coaching and small group work.
Our promise is that we will create a permanent transformation in your
relationship with money. The course is going to be very intense, very powerful. Our guarantee is that you will end up with $40,000 more at the end of the nine months than you started with in earnings or savings as a result of the course. That’s a guarantee.
If you don’t, we’ll give you your money back. So we’re going to put
everybody’s tuition in escrow and promise their money back if they don’t have that kind of increase or more. It’s not just about more money although that’s the name of it.
It’s really about practices in how to invest, how to earn, how to spend in
ways, how to save in ways, how to have your relationship with money transformed in a way that you realize your powerful capacity to be a master of your own resources and the resources you generate and have that be a permanent breakthrough in your relationship with money.
So the website is www.more-‐money-‐guaranteed.com. Everything is on
there and we’re really excited about this program. I’ve never done anything like this before and he hasn’t either, but we’re going to knock it out of the park.
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We can take 30 to 60 people, no more than that. We’re filling it right now and you have to kind of be interviewed so we can really tell that we can make that promise to you and give you that guarantee.
So you kind of have to apply, but we feel like we can really produce it.
One more thing, our colleague, Tammy White who’s a former banker who knows everything about banking and investments and budgeting and revenue sharing and all the kind of technology kind of financial stuff that I’m not savvy with, but she is and Devaa is pretty savvy with will also be one of the instructors.
So the three of us, we promise an absolute breakthrough in your
relationship with money. So thank you for giving me a little air time to talk about these things. I’m so excited about it. 2013 is going to be a great year for all the people who sign up for this.
Stephen: One of the great things about when you get people to transform their
relationship, you churn out more philanthropist as well. Lynne: That’s always what happens, yeah, always what happens. Stephen: So you’re very good at that. So you want to see more conscious
philanthropist, enlightened billionaires and millionaires and people who are all really allocating that money for the good of the world.
Lynne: We do. We do. Stephen: [Participant] from L.A. sends in a question. She asks for suggestions for
highlighting workers without engaging competition, so sort of internal highlighting of workers without engaging competition.
Lynne: Gosh, that’s a great question. I don’t know. It depends on how large the
company is probably, but one practice is having workers acknowledge each other. So for example in a small meeting, you can start a meeting by asking people to express an appreciation for three of the people around the circle.
The next person expresses their appreciation for three more and then the
next person, their appreciation for three more so that you start to build a culture where people are appreciating each other not just the boss that’s appreciating everybody.
[0:45:33]
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I know the Bainbridge Graduate Institute which is a business school now
teaching enlightened business for responsible companies, really teaching people about sustainable business. They have a whole series of techniques about how to run an employee meeting so that you start with acknowledging results from the last week going through the kind of announcements for what’s happening this week, people making commitments for this week or for this month.
Then always ending the meeting with appreciation for each person in
either dyads or triads where you put two or three people together and they appreciate each other or it’s an open appreciation. So that makes it a part of the culture rather than everybody’s competing for the kind of perks from the boss or from the people in charge.
Stephen: Nice. Question from [Participant] in Roseville says, “What are some ways
to stay motivated in gaining more and making a contribution when you feel like you have enough.” So it’s kind of an implicit question and that is like once we feel like we have enough are we still adequately motivated?
Lynne: I think the joy of being able to share is at least for me and I think for most
people who can is so motivating. I work with many, many philanthropist and some of them made their huge fortune and then became their philanthropy. Some of them began their philanthropy right at the beginning.
In both cases, the joy of being able to make things happen in the world
that you truly deeply care about motivates you to want to do more of that. There’s no exception that I can think of people who are I’ve done enough. I don’t need to make any more money because I have enough to give to the things I care about.
Almost every case that I can think of even if they’re in the billionaire
category and I’m not kidding, if their motivation is to share those resources with the world in which they live they’re interested in generating more not for themselves or not at the expense of anything, but for the benefit of everything. So that actually is the great motivator in everybody that I’ve met that’s in that position.
Stephen: Let’s take a live question from [Participant] in North Tahoe. Hello, you’re
live. Participant: Hello.
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Stephen: It doesn’t sound like [Participant], but that’s what shows up on your
phone line. Participant: Actually it’s [Participant] from Lake Tahoe. I have a huge heart and desire
to make a huge contribution to the world. I live in a very small town with no money. Are there any suggestions on that?
Lynne: Well, who has no money, your town or you? Is this [Participant] that I
know? Stephen: It’s [Participant] you know and we don’t have any money, but we have
huge hearts and we just support our family and we want to do more. Lynne: Well, I think you do have money, [Participant]. I know [Participant]. So
this is a little bit of a private conversation that we’re going to have publicly because I think part of what you want to pay a little bit more attention to is the fact that you do have financial resources.
You show up all over the world all the time. I know it cost money to get
from Tahoe to San Francisco. You do feed your family. You do live in a wonderful home. Your appreciation for what you already have could use a little bit more attention.
If you put the attention on what’s already there, the beautiful home you
have, the two awesome children you have, the support of husband you have, the support of family that he has for you and the fact that you live in one of the most beautiful places on earth and that you’re creative and intelligent that you speak many languages.
I know you. You are filled with incredible resources and some of them are
financial. We put so much attention on money and we say, “I have no money,” when it’s just not valid. It’s not true.
There is a huge bounty around you and to honor that, acknowledge that,
own that, author that will give you access to be able to contribute more. You and I can talk more about how to do that offline, but thanks for that question, [Participant].
[0:50:23] Participant: Thank you so much.
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Stephen: Another live question from [Participant]. Participant: Yes, hello. You mentioned the ecological debt, that we crossed this
threshold in 1987. How do we sleep at night? You mentioned the 41%, I don’t understand. Is that the minerals that we’re using for computer making? Where is it going?
[0:50:51] Lynne: Yeah, great question. That’s what I’ll call a gross number from something
called the ecological footprint or the global footprint network. You can go online and learn a little bit more about that from the global footprint network.
It’s essentially the water use, the food use, the taking of animal life, the
minerals from the ground, oil, coal, gas and our use of air and water and all the resources that need to be regenerated.
So I’ll give you a little example that’s pretty shocking for people. We are
actually not running out of oil and gas on this planet. We are not running out of it. We have enough for five generations of oil and gas. That’s a long time definitely we have for the next 50 years in the pipeline, in reserve or in development.
What we’re running out of is atmosphere to use that oil and gas. The
atmosphere to use that oil and gas makes it possible for us to burn it. If we’re running out of that, if we burned it all in the short term we’ll cook the planet.
What we’re running out of is atmosphere to burn that oil and gas and
that comes from the rainforest and the oceans. Now, where we’re looking for more oil and gas which we actually don’t need is in the rainforest and in the oceans, the very ecosystems that give us the capacity to use the oil and gas we already have.
So that’s an example of kind of the insanity of a species that’s taking
more than it needs and taking it from places that will provide the atmosphere or the oxygen that will allow us to breathe while we’re burning these fossil fuels.
We’re on a totally unsustainable track with all our resources. What we
need to now is change the way we live. Here’s what will be helpful for
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you to sleep at night because I don’t want to keep you up all night now if you heard all these stuff.
There’s a program called the Awakening the Dreamer, Changing the
Dream Symposium that’s put on by an organization called the Pachamama Alliance. I’m involved with Pachamama Alliance as well. If you go online and type in awakening the dreamer.org and find a program called the Awakening the Dreamer Symposium and sign up for that, it will give you some clues about how to shift your way of thinking and your way of living.
So that you can be one of the people whose taking the resources that you
need, but not more resources than you need from the planet and to begin to help other people make that shift.
We’re on a trajectory now that’s unsustainable and there’s a lot of work
being done to shift that trajectory by the Pachamama Alliance, by 350.org which is another fabulous organization. 350.org, you can type that in and you can learn about how to shift our resource use.
You can stop using plastic bottles. It sounds like a small thing, but 600
million plastic bottles into landfills every single day. Let’s have it be less than that. Let’s have that go down instead of up.
So there’s lots of ways with Pachamama, with 350.org, with Green
America. That’s another good website to find ways to be some of the people who turn the tide away from a future that we don’t want to the future that we do want which is a thriving, just and sustainable future for all life.
I really appreciate your question and thank you. Don’t worry too much.
Just get involved and then you’ll stop worrying. You’ll be too busy taking action.
Participant: Thank you very much. Stephen: That’s great. Well, Lynne, this has been a fantastic hour. I’m getting a
question about just repeating the website again for folks who want to participate in More Money Guaranteed program next year.
[0:55:17]
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Lynne: Okay. It’s www.more-‐money-‐guaranteed.com. Thank you so much, Stephen.
Stephen: Good. It’s been such a joy to be with you and I’m just so looking forward
to more collaboration in the service of creating a world that works for all. You’re doing such key pieces for the larger whole and healing our relationship with money is certainly right at the foundation.
Where we’re out of alignment there, we’re going to have problems in
every other direction, so thank you for working on one of the shadow issues of our culture in such a beautiful way with so much heart and soul.
Lynne: Thank you, Stephen. I should say that I did write a book about all these
stuff. So for people who would like to learn more it’s called the Soul of Money and there is a website for that too, soulofmoney.org. So thank you so much.
Stephen: I can highly recommend that because like when I went through a stint
where I was doing fundraisers and traveling around doing fundraisers, I would bring that with me and just always refer back to it because I realized how much I needed to shift my relationship with money to really open to that full flow and the sufficiency and the excitement around it.
I know you’re so great, Lynne. You love raising money and I think that
being able to love the flow of money without being attached to it and helping it to allocate in the direction that the planet needs is such a beautiful thing. So it’s really been a great teacher for me, that book.
Lynne: Well, thank you. I look forward to seeing you soon and thank you
everybody for being on this call and love to you, Stephen. Thank you so much.
Stephen: All right. Much love. Well, thank you everyone. So that’s it for today. I
look forward to your comments on the Enlightened Business Summit page. Next week, we’ll be back with Ray Blanchard and the Enlightened Business Summit series now. So hope you can continue to apply these insights to your business and help to create businesses that really change the world since we need it.
So thanks so much all and have a beautiful day. [0:57:25] End of Audio
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