"The Power of Community Ownership and Escaping the Social Media Trap"
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Sep 29, 2023
4 min read
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"The Power of Community Ownership and Escaping the Social Media Trap"
Introduction:
In today's rapidly changing world, two significant concepts have emerged that challenge the status quo and offer alternative paths for individuals and communities. The first is the idea of "Exit to Community" (E2C), which emphasizes shared ownership as a destination for startups, ensuring that communities become the eventual owners of the businesses that serve them. The second concept revolves around the negative effects of social media, often referred to as the "Social Media Trap," which hinders our ability to take risks and stifles creativity. In this article, we will explore the commonalities between these two concepts and discuss actionable advice on how to navigate them effectively.
Shared Ownership and Financing Business Ownership by Communities:
To fully embrace the concept of E2C, it is crucial to acknowledge that shared ownership may not always be the starting point for businesses. However, for E2C to become a viable option, policies that support financing business ownership by communities, rather than just wealthy investors, need to be in place. The dominant venture capital model in technology was established in 1979 when Congress allowed pension funds to invest. However, this model is not a level playing field, and it is essential to create policies that provide equal opportunities for communities to participate in business ownership.
Trusting in Community-Created, Community-Governed Technology:
Those aspiring to create mission-led businesses can learn valuable lessons from the power of trusting those who engage in day-to-day work. Community-created and community-governed technology is an excellent example of shared ownership and collaborative decision-making. By making these experiences more accessible, we can empower communities and foster innovation from the ground up. Although going against the grain may require time and effort, community-based technology should become the default option for a more inclusive and equitable future.
The Panopticon Effect: Over-Socialization on Social Media:
Social media platforms have transformed the way we interact with the world and with ourselves. The constant visibility and scrutiny that come with these platforms have altered our behavior, creating a self-conscious society that seeks approval from others. Psychologists refer to this phenomenon as the Hawthorne Effect, where people change their behavior when they know they are being watched. We have become objects of criticism, constantly judging ourselves through the lens of social media. This over-socialization has led to a stagnant society where taking risks is discouraged, and conformity prevails.
Escaping the Social Media Trap:
To break free from the Social Media Trap and regain the audacity to take risks and pursue our passions, we must take deliberate actions. Here are three actionable pieces of advice:
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Spend more time alone: Our values and original ideas are often formed when we are by ourselves, free from the judgment of others. Embracing solitude allows us to tap into our inner selves and find the courage to take leaps of faith.
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Curate your feeds: Surround yourself with people who inspire you and share your values. By curating your social media feeds, you can create an online environment that motivates and uplifts you, instead of one that fosters comparison and self-doubt.
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Use social media strategically: If you choose to engage with social media, do so with a purpose. Utilize these platforms to raise your ambitions, hold yourself accountable, and motivate yourself to achieve your goals. Use social media as a tool for personal growth, rather than allowing it to control your actions and decisions.
Conclusion:
The concepts of "Exit to Community" and escaping the Social Media Trap highlight the need for alternative approaches in business ownership and personal development. By embracing shared ownership and supporting financing options for communities, we can create a more inclusive and equitable entrepreneurial landscape. Simultaneously, by consciously navigating social media and reclaiming our autonomy, we can break free from the chains of conformity and rediscover our capacity for risk-taking and creativity. Let us embrace these ideas and work towards a future where communities have a stake in the businesses that serve them, and individuals are empowered to pursue their passions with boldness and conviction.
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