Green Options

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“Simple living” continues to garner much pop culture hype, sparking books, magazines and a slew of self-help opportunities to assist you to declutter, scale back and slow down. Environmentally conscious and sustainable living fall under the simple living radar, but where does ecopreneuring or running a green business fit in?

My wife and I incorporated numerous “simple living” strategies into our business over the years. While our lifestyle may exude quintessential simple living elements — from canning applesauce to crafting holiday gifts — there remains an inherently complex element to our ecopreneuring workstyle. Our calendar looks like a treasure hunt map of lines of travel, Bed & Breakfast guests arriving and departing, writing deadlines, family gatherings, and our son’s home-school group projects. We always juggle multiple unrelated projects.

A better word than “simple” to describe our ecopreneuring approach is “focus.” By consciously choosing to do certain things, we inherently simplify by prioritizing. We open more time to focus on what we really want to do by eliminating (or at least seriously reducing) time drains, including the following:

(1) Daily commute.
With the average daily commute in the US now nearly a half-hour, by working from home, we save over seven days per year driving to someplace, not to mention the fossil fuel emissions of daily driving.

In my last post I talked about the pitch-to-pitch, that is, how to even get a potential investor to listen to your pitch for funding your green business. In this post, I’m going to assume you have a good plan for networking and outreach to venture capital firms and/or angel investors. The next question is how to distill all of the supporting points for your tremendous chances for success into one paragraph or a brief conversation.

If you are like most entrepreneurs, you are living and breathing your new business or business idea, and everything seems important. And truly it all is. However, you need to step outside of all of that for a moment and extract a few uber-important points.

Look at your business from the point of view of a potential investor. The investor wants high returns with low risk. And if you are reading this blog, you probably have a green venture and will be reaching out to double-bottom line investors, so you need to have a forecast for an impressive environment impact as well.

Four Points to Fit into Your Green Business Elevator Pitch

For companies going green there’s a new resource our from PR Newsonline. Though I wasn’t willing to plunk down the almost $400 to buy a copy for myself, to me the publication says that enough companies are serious about going green to purchase this report and share it with key employees.

Greening one’s business is big business these days. Consumers are actively seeking green alternatives and shunning those that they perceive as greenwashing. The call is for true green initiatives, throughout an organization.

Schools don’t foster it. Most parents advise against it. Corporations crush it.

Passion, often, unfortunately, ranks as an optional side dish on the buffet of life. If you can find a job that provides the staple meat and potatoes, lucky you. Dessert, or feeling passionate and fulfilled by what you do, adds a nice touch if you can get it — but is definitely not necessary.

In ECOpreneuring, my wife and I write about going for dessert first (we’ve also been known to start at the back of a menu at a restaurant and work forward). Identify your passion and build your work, your business, your life around that which makes your toes tingle. A reverse perspective to the normal career path, we realize. It took us almost a decade of soul-searching, global travel and life-changing experiences — both positive and negative — before we started to unearth the human beings we were deep down inside, our core that represented our heartfelt passions, reflected our values and our Earth Mission that guides our life. Partner your passion with small business and satisfaction blooms far richer than just dollars of a paycheck.

Shift Your Thinking: Become an Eco-effective Mosquito Business

Ecopreneuring stems from a paradigm shift in how we approach a career and how we define livelihood. Like nature, we thrive on interdependence while aspiring to a greater degree of self-reliant independence — the ability to make it on our own in a supportive community. This shatters the prideful image of a generation ago where the “company” would “care” for you and your family after you retired.

Think independent and multidimensional: a Portfolio Perspective. Look at your life as multidimensional; Different rather than just one paycheck coming from one job, have a range of income-generating sources. Different elements contribute to fulfillment and satisfaction. If one project disappeared, you’d still have others. One interest fuels ideas or business leads in another area. Like a diversified stock portfolio, by having multiple income sources stemming from your passions, your livelihood provides multiple benefits. A Portfolio Perspective also provides the opportunity to integrate and overlap these interests intelligently and strategically, using business deductions effectively. Such a shift fundamentally alters the historic perspective separating your “job” from your “leisure” activities. Your job earns you money to pay for your leisure interests. What if you love photography or helping people savor healthy and locally grown food? Why not make that part of your livelihood?

Life offers more than a paycheck, corner office and promotional title.

In fact, many of us are working ourselves to death. Less than 40 percent of working Americans actually take all the vacation time that they’re offered, and many who do have a hard time disconnecting from the office, voicemail and e-mail. Added to this are the hours each week we spend commuting, wasting time and polluting the environment unless you’re fortunate to be able to walk or bike to work.

For many years, I let myself be defined by what I owned and the company I worked for (at a big advertising agency, of all places). For many people, their identity is so closely associated with their job that when they stop working, they end up passing away not long afterwards, lacking hobbies, social connections or life purpose. But what it says on a business card says nothing about our passions, interests, talents or aspirations.

A shift in perspective is underway, from desiring a standard of living defined by possessions and financial wealth to a quality of life defined by experiences and genuine well-being. For many people, maintaining their high standard of living contributes to their poor quality of life, not to mention often contributing to the destruction of the planet.

So you’re starting a green business. Congratulations! Now that you have a dream, a business name, and a plan, how do you go from the initial idea to making that first sale? If you’ve done your homework, you probably have a marketing plan for your business (it’s wise to make it part of your business plan). One of the most important pieces of your marketing plan should be your company web site. Your web site will be the first impression many of your clients and customers have of your business, so it’s important to invest the time and money necessary to create a well-designed, informative, easy to use, and sustainable web site.

Not only does your web site offer you a chance to market your company, it’s also an opportunity to exercise your commitment to sustainability. One way to green your marketing is to make the web your primary advertising focus. Through e-mail newsletters, online ads, and promoting your domain name on all company correspondence, you can drive traffic to your web site and cover a lot of marketing ground without having to waste paper. Focusing your advertising efforts on the internet means less printed advertising, which means less paper waste and fewer pollutants released (the printing process and ink pigments create a lot of them).

Rather, IzzitGreen.com, the new Boston-based web site is asking that question all over the city. Regular columns, reviews and business spotlights give information about how green the places Bostonians frequent really are.

We need to change the ECOnomic “story” that Wall Street, Washington DC politicos, and our capitalist culture of consumption are weaving.

We need to find a more sensible appoach to economics — call it ECOmonics — that doesn’t require infinite growth on a finite planet. For Earth’s sake and our sake, we need to get to 350 parts per million of carbon dioxide in the atmosphere. Quickly. Many of us, either as conserving customers or ecopreneurs, are already well on our way to helping make it so.

We’re reaching a point where the “More, Bigger, Faster” mode of economic activity — often at complete odds with social justice and ecological realities of a finite Earth system — must change. It is changing, by ecopreneurs who are determined NOT to destroy the planet or exploit people in the process. Like us, many green business owners are small sizing our operations to provide optimal control over our impacts. An egg is still an egg, one of the most complete forms of protein you can fry up in a pan, regardless of its size.

Our present growth-obsessed, global, capitalistic economic “story” seems broken when 5-percent of the world’s people uses 25-percent of its resources, produces 40-percent of the waste and, interestingly on the social side, houses 25-percent of the prison population.

Reusable bag entrepreneur Andy Keller has a lot to say about being well, an entrepreneur. Andy was a software guy back in 2005 when he happen to visit a landfill during a home improvement project and was shocked to discover just how many plastic bags were swirling in the wind…

…on fences, on trash heaps, with birds picking on them….

He told me that this was the moment that got him started on his entrepreneurial adventure. “Note to self,” he said, “I need to start using reusable bags.”

Of, course, back in 2005, the reusable bag trend was just starting. And, people were then, as they are now, carefully purchasing them and carelessly leaving them in the car instead of carrying them into the store with them.

There are many financial benefits of becoming a business, depending on how you structure it. Not only are businesses taxed after their expenses have been deducted, but many legitimate deductions are available to a small business that reduce its reported earnings.

The IRS tax code specifies the following related to business expenses:

IRS Code Section 162(a),Trade or business expenses:
“There shall be allowed as a deduction all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business.”

IRS Code Section 212, Expenses for production of income:
“In the case of an individual, there shall be allowed as a deduction all the ordinary and necessary expenses paid or incurred during the taxable year.”

Like the rest of nature that evolves remarkably to stresses in the environment, people will be able to adapt to high gas prices. Really. In many parts of Europe, people are paying upwards of $7 - $8/gallon of gas.

Things will change here in the USA. These changes will sometimes more difficult for some than others. More of us are already using public transportation, riding bikes — even moving closer to where we work or pressuring employers to offer flextime (to avoid rush hours) or telecommuting from home. In part thanks to the mushrooming energy costs, how much of business was done in the period of relatively inexpensive oil and other fossil fuels will morph into a new model of business model where energy costs are front and center.

Another trend: the explosion of people starting their own green business as an ecopreneur, operating their business without destroying the planet or exploiting people. Energy conservation and efficiency are often the very DNA of these enterprises. Eventually, the politicians in Washington DC might realize that opening up ANWR merely delays the reality that we need to cut our addiction to oil, for climate’s sake. We need to get back to 350 parts per million of carbon dioxide to maintain some degree of climate stability. Burning more oil, coal or natural gas is not the way.