Number one blog for finding anything that has to do with the law. Read up on the law and know your rights. Labor Laws, Wage Laws, Contract Laws, and anything else that has to deal with justice and rights.
Saturday, August 31, 2013
For News From Syrian Battleground, a Reliance on Social Media
Sunday, July 28, 2013
Obama Says Income Gap Is Fraying U.S. Social Fabric
Friday, July 12, 2013
E-Discovery and Social Media: Recap From TLI Litigation Summit, Part II
Thursday, July 11, 2013
Case Study: A Social Entrepreneur’s Dilemma: Nonprofit or For-Profit?
Matthew Staver for The New York TimesSaul Garlick, founder of Student Movement for Real Change, considered closing the nonprofit and starting a for-profit venture after missing a few payrolls. In 2002, at the age of 18, Saul Garlick started a program to fight poverty by building schools in rural South Africa. By 2004, his vision had broadened and he started an organization, Student Movement for Real Change, to encourage entrepreneurship in third world communities. Through this organization, he sent students to live with local families, hunt for water sources, farm alongside villagers and absorb the day-to-day nuances of life in a developing country with the goal of building social businesses along with the local residents.
The time and effort spent on fund-raising for a nonprofit has left its founder debating whether it is worth it to change the group.s business model.Over the last two years, Mr. Garlick and his team have produced some 50 such “microenterprises” — including one that finances water projects in Kenya, one that sells charcoal and stoves in Rwanda and a cocoa nursery in Ghana. THE CHALLENGE By 2009, Mr. Garlick’s social enterprise, renamed ThinkImpact, was raising about $400,000 a year to support the cause. But along with running the enterprise, it had to raise funds, monitor and evaluate programs, and provide transparency. Its employees were paid below-market wages, the hours seemed endless and the organization would soon be missing payrolls. “Nothing about that scenario was sustainable,” Mr. Garlick said. “And scale depended solely on fund-raising ability.” He was convinced there had to be a better way. THE BACKGROUND In 2007, Mr. Garlick started taking a salary. He was 23, out of school and working full time for his organization — mostly to find supporters for the cause. The workload grew and he hired another recent graduate to run daily operations. “I thought that was going to make everything easier, but it didn’t,” said Mr. Garlick, expressing a common frustration for nonprofits: the endless pressure to raise funds takes away from time spent doing the organization’s work. “Many of the aspirational young nonprofit employees become beggars. They are seeking a way out of a tortuous financial reality where they are building the plane while flying it.” Adding to the pressure was the way Mr. Garlick and his team were encouraged to raise funds. They were advised not to “place all their eggs in one basket,” by relying on a sole funder or a single government agency. Instead, ThinkImpact diversified its reach and sought donations in smaller denominations. Eventually, Mr. Garlick realized that trying to please hundreds of stakeholders was a rather chaotic way to raise money and run a business. “In actual fact, unless you’re running for president, or have a team that exists to raise small dollars, you can’t meet payroll that way,” he said. “People give $20 and think they own your decision-making.” On the ground, ThinkImpact broadened its reach. More than 100 young people worked with the organization in Africa, primarily in South Africa and Kenya, where they established a strong presence. In addition to developing a curriculum for social enterprise educational experiences, they were adapting to local needs, providing health workshops that reached hundreds of villages in Kenya, and building more than 50 homegrown development projects with the participation of the local community. But in 2010, after attending a weeklong workshop where he met fellow social entrepreneurs and investors, Mr. Garlick started asking serious questions about his own business model. The questions included: What is our specialty? What value do we produce in people’s lives? How big can we get? How do we arrange for sufficient financing to let us focus on our real work? THE OPTIONS After missing a couple of payrolls in 2010, Mr. Garlick concluded he had three options. Option 1: Remain a nonprofit. With contracts from two universities for about $50,000 and funds from donations, grants and foundations expected to bring in $25,000 to $100,000, Mr. Garlick felt constricted. To really grow, he estimated that he would need $200,000 to $250,000 more. But raising that money would be exceedingly difficult using traditional methods and would keep the company almost endlessly locked into fund-raising mode.
Wednesday, July 3, 2013
Disruptions: Social Media Images Form a New Language Online
Sunday, June 9, 2013
Economic View: To Fix Social Security, Use the Right Wrench
Robert J. Shiller is Sterling Professor of Economics at Yale.
Wednesday, June 5, 2013
E-Discovery and Social Media: Recap From TLI Litigation Summit, Part II
Monday, May 13, 2013
DealBook: A Social Media View of the Davos of Hedge Funds
Michael Nelson/European Pressphoto AgencyThe night scene on the Las Vegas Strip outside the Bellagio Casino.A look at some of the social media dispatches from SALT conference in Las Vegas. The SkyBridge Alternatives Conference brings together more than 1,800 wealthy investors and hedge funds for four days of conferences, concerts and revelry.
Peter Lattman of DealBook called the Anthony Scaramucci, the host of the event, a PT Barnum in a Ferragamo tie. While the event brings together senior money managers and Washington power brokers, it is also highlights the bacchanalia which Wall Street has tried to avoid since the financial crisis.
Sunday, March 24, 2013
You're the Boss Blog: Questioning the TOMS Shoes Model for Social Enterprise
After visiting Argentina and seeing the impact of poverty on some of its children, Blake Mycoskie was inspired to create a philanthropic “for-profit business that was sustainable and not reliant on donations.” The result was Toms Shoes, which promised that for every pair of shoes it sold, it would give away another pair to a child in need.
Since its founding in 2006, Toms has given more than 2 million pairs of shoes to children living in poverty in more than 51 countries. And it now has a line of eyewear that offers the same promise. The organization Mr. Mycoskie created has become a well-known example of a company that is based on business principles but also gives back.
It is also responsible for getting lots of Gen X and Gen Y entrepreneurs to think about business in a different way and for globalizing the buy-one, give-one model that is now so popular. In fact, there are many buy-one, give-one companies that have taken inspiration from Toms, and many of them apply to sell through my company, Fashioning Change. As you can see from our roster of brands, however, only two such companies have met our criteria, which we call our Promise of 5. In fact, if Toms Shoes were to apply to Fashioning Change to sell shoes through our site — it has not done so — it would not make the cut.
It’s for this reason that we have begun to question whether the buy-one, give-one model is the best choice for aspiring social entrepreneurs.
The tenets that drive Toms Shoes’s model are spelled out on the company’s Web site.
Identify Communities That Need Shoes
Together, we find communities that will benefit most from Toms shoes due to economic, health and educational needs, and where local businesses will not be negatively affected.Give Shoes That Fit
Our Giving Partners order the sizes children in their community need. …Help Our Shoes Have a Bigger Impact
Children who are given Toms shoes receive them as part of larger health and education programs run by our Giving Partners. …Give Children Shoes As They Grow
Children grow fast! Toms works to give shoes to children in need throughout their childhood. …Provide Feedback and Help Us Improve
We rely on our incredible Giving Partners to provide feedback on shoes’ fit and durability, the giving process and the needs of the community. …
It would be hard to fault an organization that helps people and children get the things they need to survive and even thrive. But while Toms has done an amazing job of providing children with shoes, I wonder if it couldn’t do more to solve the underlying problem that inspired Mr. Mycoskie to create Toms in the first place.
Here’s my concern: Rather than solve the root cause of why children don’t have shoes, Toms has created a business model that actually needs poor children without shoes in order to sell its shoes. Those children are an essential part of the company’s marketing.
The root cause of poverty in many developing countries is a lack of access to fair-paying, sustainable employment. Imagine the positive impact Toms could have if it were to use every decision in its supply chain to address the causes of poverty. Before writing this post, I contacted Toms to see what the company had to say about the pros and cons of the buy-one, give-one business model.
Eventually, I was connected with the company’s chief giving officer, Sebastian Fries, who acknowledged that there were aspects of the Toms approach that could still be improved. When I asked Mr. Fries whether Toms might be perpetuating the poverty of the children who get free shoes, he responded that Toms is “not in the business of poverty alleviation.”
Interestingly, though, that does seem to be the business Toms is in when it comes to selling eyewear. The company’s eyewear contributes to the employment of nurses and doctors that in turn provide sight-giving support and surgeries so that people can become employable, create a sustainable living and get themselves out of poverty. What this contrast told me is that Toms is very good at public relations and marketing and recognizes that it could be doing more.
At Fashioning Change, we understand that every decision that goes into manufacturing a product — the materials, the factory, the packaging, the method of distribution — can produce social empowerment. That’s why we work with companies who are committed to doing things right every step of the way. Based on my conversations with Toms, it is clear to me that the company has a huge opportunity to share the lessons it has learned with the many Gen X and Gen Y entrepreneurs it has inspired.
In fact, I was told that Toms is now trying a program in Ethiopia in which it manufactures in one of the communities where it gives away shoes. The company has plans to do the same in Kenya and India. I asked what percentage of Toms shoes might be made in these factories, but I was told the number was not yet known. I also asked about plans to manufacture in the United States and was told that the United States did not have factories that could fill the company’s needs. I strongly disagree, but that is a topic for another post.
In any case, I think Toms may be evolving in the right direction. What started as philanthropy may now be moving toward what I think of as a real social enterprise — a business that creates systemic solutions to social issues through the use of business principles. One of the many wonderful things about Toms and many other “do good” companies is that we all share an intention to make the world a better place. And we’re all learning as we go.
What do you think? Is the buy-one, give-one model right for social entrepreneurs?
Adriana Herrera is chief executive of Fashioning Change. You can e-mail her at adrianah@fashioningchange.com, and you can follow her on Twitter at @Adriana_Herrera.
Thursday, February 28, 2013
Twitter Hacks Force Companies to Confront Security on Social Media
Monday, January 7, 2013
Drafting a Nonprofit Organization's Social Media Policy
Sunday, January 6, 2013
New Service Helps Put a Dollar Value on Lawyers' Social Media Efforts
Do tweets and Facebook posts add up to billable hours?
Now that the Internet has displaced the Yellow Pages, many lawyers use social media to try to build their businesses, but few know whether the outreach is effective, legal consultants say.
"The reality is that the vast majority of lawyers just aren't keeping track," said Adrian Dayton, a consultant who helps law firms devise strategies for social media.
Avvo Ignite, a new service offered by the legal directory and forum Avvo, aims to change that by letting lawyers see how many inquiries originate from their presences on and offline -- and how many yield new clients.
Without monitoring what works and what doesn't, lawyers struggle to make the most of the new outlets available to them online, said Avvo executive Sachin Bhatia, who researched lawyers' social media habits before launching the service in November. Rather than sealing the deal, some lawyers spend too much time qualifying clients, he said. Many do not have a sound system for logging their prospects. And some do not get many leads from social media, he noted.
"We saw lawyers spending money to market in places when clients weren't even there," said Bhatia, who is vice president of products at Avvo Inc.
The Avvo Ignite Suite is supposed to help attorneys avoid that fate by documenting how each prospect found the firm and then facilitating communication and payment to bring clients on board. Another edition, Avvo Ignite Starter, creates basic websites and monthly activity reports and can be accessed on mobile devices. The Starter edition costs $199 per month with a $499 setup fee that can be waived with a yearlong contract.
Most who have signed up so far are lawyers at small to midsize firms and solo practitioners, Bhatia said. Social media can neutralize the reputational advantage enjoyed by Big Law, consultants note.
"It costs a fortune to launch an ad campaign in The New York Times or The Wall Street Journal, but not on social media," law firm consultant Peter Zeughauser said. "Social media levels the playing field for smaller firms."
And yet some lawyers -- particularly those who did not grow up with the Internet -- remain skeptical about social media, Zeughauser said. Lewis Rosenblum, an Orange County, Calif.-based criminal defense attorney, once questioned how much he stood to gain through the channels. When he launched his own office four years ago, he relied on the contacts that he made in 29 years as a prosecutor to generate business. Answering questions on Avvo showed him that there were clients to be found online. He now has accounts on Google Plus and Yahoo as well.
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