A Tale of Two Business Books

 

Photo Credit: Jason Arthurs

Business books are a dime a dozen. So what can be done to save a new title from becoming one of the thousands published every year that are — in the words of a recent article in The Economist — sent “straight to the bin” by book review editors? Write a memoir instead, advise some publishers.

But a memoir was the last thing Rye Barcott wanted to write when he approached publishers with his idea for a book marking this year’s 10th anniversary of Carolina for Kibera (CFK), a nonprofit he helped set up while an undergraduate at the University of North Carolina at Chapel Hill. He wanted to share the decade of lessons that he and his fellow CFK colleagues had learned, and inspire and help budding social entrepreneurs. After being turned down twice by publishers, however, he heeded an agent’s wise advice to write a memoir.

Instead of finding yet another tome in which “celebrity CEOs blow their trumpets, consultants market miracle cures, [and] self-help gurus promise that you can grow rich by working four hours a week,” as the Economist article puts it, readers of It Happened on the Way to War: A Marine’s Path to Peace get a touching — and often gritty — account of Barcott’s experiences in Kibera, one of the world’s largest slums in the Kenyan capital of Nairobi.

As Barcott told Knowledge@Wharton while on a tour promoting his book, a focus on “participatory development” in communities has been the key to CFK’s growth into a nonprofit serving hundreds, if not thousands, of youth living in Kibera, with the goal of helping them become “today’s and tomorrow’s leaders.” The subplot — as the book’s title suggests — is that while CFK was finding its feet, Barcott was a marine in training, eventually being stationed in Bosnia, the Horn of Africa and Iraq. Part of his struggle was to find ways to reconcile — and learn from — the two seemingly contradictory trajectories. (Read an interview with Barcott on this subject in Knowledge@Wharton’s High School edition.)

It’s not without a touch of irony, then, that Rupert Scofield, another social entrepreneur, also spoke with Knowledge@Wharton while on a recent tour promoting his book, The Social Entrepreneur’s Handbook: How to Start, Build, and Run a Business That Improves the World. As the co-founder and CEO of Finca International, a nonprofit microfinance provider, Scofield acknowledged to an audience in early July that he is “the embodiment of a life dream. Ever since I was eight years old, I wanted to be a writer and get published.” He thought that dream meant writing a memoir. However, an agent convinced him that he should write a business book about Finca — which now works in 21 countries and serves more than 815,000 clients — while still finding a way to “tell my colorful stories.”

During his appearance, he discussed several themes appearing in his book, including advice for up-and-coming social entrepreneurs. Figure out who or what you care about — or those you feel are “getting a raw deal,” he said. “Light that flame. You’re going to need it, because there are going to be people who will tell you that your idea is crap — that it’s never going to work.” In addition, “There will be times when you’re under enormous pressure and things go wrong, and you think, ‘My God, how are we going to survive?’ Just remember — as my wife always kindly reminds me — that it’s not about you,” but the people or things you care about.

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  • http://twitter.com/Nahyan_Abdullah Abdullah Al Nahyan

    whatever the 2 authors want 2 say…. the whole concept of the so called “social entrepreneurship” is itself a obscure term & hypocrisy too… Most of the time, though these kinda companies meant to be “not for profit”, it is a very good & attractive carrier for its founding entrepreneurs & his/her close associates. Their salaries & lifestyles are not less than the executives of those “yes for profit” companies but on the other hand, often they demand some concession from government for their “social….”. As a result gov lost taxes. In essence their customers are among the poorest people in the society. Indeed they do business with poor people in contrast to UBS or Chase, generally who do business with rich people…. yet both do business…

    • Anonymous

      Abdullah, while I don’t agree with you –  I believe the vast majority of social entrepreneurs do not earn salaries on the same scale as strictly for profit companies (And I have many former commercial bankers working in FINCA who have taken huge pay cuts to work with us because of our social mission — and I am talking about hundreds of thousands of dollars in cuts) — there are a very few ”bad actors” in our field who do exactly as you say and use our models to make fortunes, giving us all a bad name.   For more information, please go to the media part of my website, rupertscofield.com, where I have an interview with the BBC on exactly your topic:  “Is the term Social Entrepreneur a contradiction?” and another with The Telegraph addressing the “Bad Actors” issue.   

      • http://twitter.com/Nahyan_Abdullah Abdullah Al Nahyan

        Mr. Scofield…. thanks for your rejoinder. Have seen ur videos & read
        on ur org FINCA. Generally the concepts micro loans/credits cannot be utilized
        efficiently in the economies of the welfare states; simply it does not work in those
        types of colossal economies. Its an amazing matter that a org like FINCA based in a developed
        state, working for the poor of other countries.

        Indeed there are “bad actors” who ride on
        Mercedes S or BMW 7 cars… dwell in swanky homes, live in the royal suites of
        5-6 star hotels during the official! tour… their wives get special favors & children get scholarships from their org!. Everything used to be provided
        by the very organization (de facto company?), where they fill the post of top
        management for their especial “social” services. Yet they take very small
        amounts of money as salary. That why I have indicated to career &
        lifestyles.

        It is n imperative duty for the people like u, who r
        really enthusiastic & passionate for the social services to work against
        those “bad actors” along with your main work. Never will “social
        entrepreneurship” be accepted on the serious moral ground if those
        “bad actors” continue to play their role. Often large stacks of capitals
        come from the philanthropic donation. People donate their money to this kinda
        organization, believing that their cash will be availed with more efficiently
        for the amelioration of the poor people. If their beliefs are shattered, they
        simply don’t give cash which may affect the whole industry.

        “social entrepreneurs” are neither businessmen
        nor philanthropists but servicemen. If they believe it & work accordingly…..then
        indubitably ths concepts will grow & get widespread acceptance & honor.