Roundtable

Accelerating Shared Prosperity in Durham & Beyond

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At ReCity, we have committed ourselves to telling the story of Durham. We believe it is an essential part of our vision of building thriving communities, rooted in justice. Part of telling that story involves taking a realistic look at the history of our city and looking at whose voices have been systematically left out. Earlier this month, we hosted Accelerating Shared Prosperity, a ReCity Roundtable event with five speakers instead of one. Over the course of the night, speakers included Keith Daniel and Thomas Droege (Resilient Ventures), Geraud Staton (Helius Foundation), and Felipe Witchger and Merald Holloway (Community Purchasing Alliance).


Overall, the gathering was a space for people to reflect and dream about the future of entrepreneurship, ownership, and opportunity. We had a great time at Q&A session at the end of the night. While we didn’t get to address all the questions, this is our treat to you! Our presenters responded to the unanswered questions we received throughout the night. We hope these responses will inspire you to continue this discussion in your communities.


In case you missed the Roundtable, please check out our website for the ReCity Roundtable Video Archive Library.



Question for CPA: Is there an opportunity to counsel the vendors you work with on how to form their own cooperative model to distribute wealth to employees?- Katherine


Merald (CPA): The short answer is yes!!  

The long and winding answer:  CPA provides a free cooperative tool kit for folks interested in our particular model for working better together, but we are not the best resource at this time for worker cooperatives. However, we are connected to partners here locally that are interested in helping established organizations think about wealth building for their employees. Durham City Government and the Small Business Development office at NC Central are recipients of a fellowship, working with other local experts with a track record of engaging employees at all levels for business success through open-book management, employee ownership, and educating retiring business owners and their advisors about the possibility of employee ownership as an exit strategy.

What exactly did Geraud mean by "learned helplessness", how does it tie to housing inequity, and what role does systemic racism play when it comes to housing?


Geraud: Learned helplessness, as the experiment by Martin Seligman confirms, is when we are conditioned to take suffering. As the animals in the example don’t leave their space when shocked, so to do human who have gone through terrible things create a coping mechanism to deal with that. We can say to ourselves that the situation isn’t so bad. We say, “we’ve dealt with it this long, why stop now?” We may even believe we are stronger because we can take the shock. To the extreme, this causes people in negative living situations to stop looking for a way out. And, they don’t take options that are laid before them, either. Much like the animals in the experiment.


Racism plays a large part of this because for a long time, African Americans and other minorities were in a place where we couldn’t attain wealth. We couldn’t be educated at the same level as whites. We were blocked from owning property, or from voting, or from prospering. And, one day, like the animals in the experiment, many people were conditioned to stop seeing their situation as malleable. “We’ve dealt with it this long, why stop now?” We even see ourselves stronger because of it. We stop looking for a way out.We stop attempting to buy property, or so many other “ways out.”

Is there a resource you know of in Durham that lists black/minority-owned businesses for businesses looking for vendors?

Merald (CPA): Certainly. There are several resources for lists of minority-owned vendors in Durham, (links included) like the Greater Durham Black Chamber of Commerce, The City of Durham website, The Durham County MWBE program website.  The state HUB office has lists of certified women and minority-owned service providers you can search pretty easily as well.

We could detail in about a dozen more pages our experience and aspirations in this arena but hope this gives some insight into some of the ways we are thinking about our role as responsible and ethical corporate citizens of our various communities. There are big plans this year for CPA to use some of our staff expertise in creating internal diversity profiles and initiating successful supplier diversity programs for large and small organizations.  We help organizations at a relatively low cost to discover where they are in minority business patronage and adjust/suggest something as simple as a couple procurement procedures to create some real impact and help match the organizational desires you promote match your actual practices. We can refer larger organizations to consultants across the state that have helped entities like RDU, Wake County Schools, Self-Help Credit Union, and Charlotte Mecklenburg Public Schools create successful long-running programs. I would personally love to help anyone who decides this is a worthy investment of your resources and/or time.

If you or your organization are interested in getting some additional insight into helping your organization identify ways you can participate in supporting minority and local business enterprises, let us know by contacting us at info@cpa.coop.


For Geraud: I’m about to embark on a mentoring relationship to an under-served high school student in chapel hill. Please share two pieces of advice.

Geraud: Listen first. We often want to jump in and solve the problem our mentees have. And they may even listen, but there will be one of two prices to pay for that. One is that they listen for a while, but like cutting open a cocoon before the butterfly is ready, the lesson won’t stick and the mentee will fall right back into bad habits. The second is that they listen and keep listening, but they stop being able to make decisions on their own. They can become dependent on your advice. So, listen and find out what they REALLY need.

Second, ask questions that LEAD them to an answer. Make them think. I’m not saying to lead them to THE answer, but to AN answer. Ask them questions that make them push their knowledge, or think ahead. Help them to see all the sides of an issue, particularly if they haven’t thought about it. When we know what the real problem is, sometimes solutions are easy to find. The issue is often that people are trying to solve a surface problem, but what they really need solved is much deeper.


What difference does a mentor really make?

Geraud: A mentor should make a HUGE difference. A mentor helps you answer questions that you didn’t see, or help you get to the real problem, without being totally invested in your issues. It’s the same reason attorney’s shouldn’t represent themselves in court. Why many tax preparers have someone else do their taxes. When you are involved, you tend to get caught up in the small details and the emotion of it. A good mentor can help you focus, hold you accountable, but even better, they can help spot some of the glaring (or not so glaring) errors in judgement that you’re making.

And don’t just rely on one! I have multiple mentors for multiple areas of my life! But even then, do not pit them against one another. Let mentors know you have others, and what advice you got. Having your own team of mentors who are all involved can be magical!

How important is mentoring for entrepreneurs? Who have been your best mentors and what did you learn from them? How do you find good mentors?

Resilient Ventures: All entrepreneurs need mentoring.  Mentoring is just a part of it though.  It is also access to networks and opportunities.  So introductions and support businesses are very important. It is more than putting money into a company, but providing support to get them to their next milestone.


Excited about all these new resources for minority entrepreneurs in Durham. What is the best place/person/organization for interested entrepreneurs to start?


Resilient Ventures: Resilient Ventures is working on a road map with others.

CPA: Greater Durham Black Chamber of Commerce, LaShon Harley Director, Small Business Center at Durham Technical Community College, La-Tasha Best-Gaddy University Program Director for Small Business and Technology  Development Center (SBTDC)

Resilient Ventures, have you found that your LPs fit a particular profile/share character traits that align them as investors? Or, are motives purely driven by money?

Resilient Ventures: It is too early to tell.  But stereotypes put our entrepreneurs in the “not ready” status. That is not true, we are providing access to entrepreneurs that are “ready”.  We also fight against the stereotype that because we are involved in African-American entrepreneurship, then somehow we must also be doing charity, and/or we should be set up as a 501c, etc… So we are not that either.   Investors without a racial equity lens will sometimes see diversity as a strength -- a la McKinsey report results. In general we are seeing that those most likely to invest see that because of systemic forces, we do not see good opportunities when presented, and so a fund like this will find undervalued opportunities which should give the same kind of financial returns.  However, I have not seen an investor that is purely opportunistic, if they are, they would go to another fund without our thesis. Our pitch deck has a good measure of racial equity content.

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A Walk in Someone Else’s Shoes: DurhamCares

As we know, the holidays are not all about presents and drinking hot chocolate by the fire. The greater meaning of the holidays involved self-reflection. We all exist together in communities together. What does it mean to take a wholistic look of our communities and examine the hardships and triumphs? What, if anything, do we owe to our communities in terms of promoting equity? These questions are relevant all year round but seem to be of heightened importance around the holidays. When children are taught empathy, they learn the phrase “take a walk in someone else’s’ shoes”. DurhamCares deeply believes in promoting empathy in Durham and takes this saying literally through their Durham Pilgrimage of Pain & Hope program.

The mission of DurhamCares is to foster collaboration, develop leaders, and educate the people of our city to care for their neighbors in holistic ways. This is accomplished through community mobilization, resource development, and through programs like the Durham Pilgrimage. The Durham Pilgrimage of Pain and Hope is an opportunity to discover how your spiritual journey is connected to our shared community, Durham. Through the pilgrimage participants immerse themselves in the story of the city and the Biblical story as they reflect with others on what it means for how they live their lives in Durham.

 

What is DurhamCares’ Vision for Durham?

We envision a city where all residents love their neighbors. But we don't just mean smiling and being cordial. Our vision is for a city where love goes deeper. We want to see Durham residents learn the story of their city - all the people and the places that have brought us to where we are. We want the people of Durham to know the struggles that Durham has gone through and the ways people have overcome those challenges. We want to see love that is both personal and public. We want everyone to see that their flourishing is bound up in the flourishing of those around them.

The ReCity Social Impact Holiday Giving Guide is proud to support Durham Cares. Please consider giving to this incredible organization through RoundUp. For more information on how to get involved, visit our website to sign up.

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Seven Questions with Mayor Steve Schewel

ReCity Network is proud to celebrate two years of social impact this fall! We recently hosted a special ReCity Roundtable featuring the Mayor of Durham, Steve Schewel. Mayor Schewel is deeply committed to the success of Durham. Through his advocacy and policies, he is working to create a community that is welcoming and prosperous for all. ReCity Staff sat down with Mayor Schewel to ask his thoughts on the future of social impact in Durham.

What initially sparked your passion for local government and for public service?

I first got interested in the idea of running for office through running for the school board. My kids were in public schools and I had been very involved as a PTA President. I also served on the Boards of Directors, working to try and improve the quality of our schools for everybody. I was 53 when I ran for mayor. I had been very involved in the community for a long time before I decided to run for office.

What do you believe is the most current pressing social issue in Durham? What are some resources that either exist currently or that you hope to develop in the future to see improvement on this issue?

Undoubtedly, the most significant issue we face is the continuing poverty of a large segment of our community, mainly communities of color. Gentrification has only added to this challenge, but the challenge has been here and that’s what we need to attack. There are a lot of people who are working very hard on this, we have to take a holistic approach.

Are there any resources or initiatives that you’re excited about that could move the needle on the issue?

I’m excited about our new city economic development plan based on shared economic prosperity. I’m also excited about the work we’re doing on affordable housing. This year, the city is spending 17 million dollars to build and maintain affordable housing in Durham. There’s also a lot of work going on around food security. We need a city where no child--where no person--goes hungry.

How can people in social impact spaces effectively collaborate with city government?

There are some areas where the city has very close relationships with nonprofit partners or with mission driven for-profits. For example, in our affordable housing, we’re working with nonprofits and the Durham Housing Authority to build and maintain affordable housing. The same is true of our work in criminal justice reform with Bull City United. Collaboration is crucial. People in social impact spaces are already doing this work. We need to come together and find common paths forward.

What about ReCity’s mission has you excited?

I had seen in my own experience the ways in which people being in the same physical space can spark cooperative work, creativity, and partnerships. It’s very inspiring to walking into ReCity and see all of the organizations and know that they will be collaborating in ways that wouldn’t happen if they were not together. I also appreciate the intentionality with which work is done at ReCity. Specifically, the efforts to increase the capacity of organizations.

What kind of long-term impact do you think that a model like this can have on a city like Durham?

What strikes me is we need more of it. Government can only do a small portion of the things that we need done to build a kind of community that we want to be in. ReCity is strengthening these organizations’ capacities so that they’re able to do more, collaborate, and make the kind of community we want. If we continue in this spirit, we can make the city we love a city for all.

If you had to identify your vision for the next five to ten years in Durham, where do you hope to see the needle move on social impact?

Durham is a city that is in a period of tremendous prosperity...for most of us. Currently, 20% of our residents, mainly people of color, are not sharing in this prosperity. Whether you’re in city government, Durham Public Schools, or working in the social impact sector, our goal has to be to work together to change this. I believe this is Durham’s common vision; to work towards being city where our prosperity is shared.

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