If theres anything Ive learned about team building, its that no amount of experience or IQ points can compensate for a lack of a culture fit. RYOT currently employs 35 people in its Los Angeles HQ, with a few others in New York City at the Huffington Post/AOL headquarters. Swenson says that regardless of position or location, she and Mooser have never wavered from a commitment to build a team of talented people who work hard, respect one another and have just the right amount of determination, anddelusion, to think that we can actually change the world.” Related: Why These Childhood Friends Abandoned Engineering Degrees to Start a YouTube Channel 3. Understand the profitability of purpose. Purpose is a basic human necessity, Swenson says.She recounts an experience she had standing among a group of protestors in the freezing North Dakota cold at Standing Rock Indian Reservation late last year. Running low onfood and with no end in sight to their plight for the Dakota Access Pipeline project to be stopped, Swenson found the people there to be unflinchingly positive and resolute. Weve seen throughout history that anywhere theres a movement or a cause, people will withstandintense physical and emotional distress if you have purpose as your baseline. This focus on purpose and how it relates to the entrepreneurial spirit is not lost on Swenson. Regardless of the triumphs and setbacks, RYOT has remained focused on its brand of innovative activism and never wavered. Weve worked very consciously to build a company that is purpose driven. Related: Study Shows Entrepreneurs Really Do Love Their Businesses Like Children Swenson clarifies that not everything RYOT creates revolves around a particular cause or philanthropic message, but that no company in a for-profit realm can be expected to do so. In these instances, she says, its about contributing to the existence of a consciouscompany that matters. Even if not everything we do is focused on a specificcause, at least people know that it still comes from a company that has a widervisionthan just profit. Swenson says that this characteristic of RYOT has helped the company bybringing passionate talent to the team, luringbig brand clients who wanted to be aligned with a company like RYOT, and attracting altruistic investors who funded RYOTeven whenthey werent sure theyd see their money back.
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LIKELY COMPROMISES Lawmakers who attended a meeting with Temer on Sunday said he was sticking with his plans to push the pension overhaul through Congress by July. With a third of the Senate and dozens of representatives coming under investigation last week, however, some observers see Congress as increasingly sensitive to popular opinion ahead of their re-election campaigns next year. The proposed pension reform is a cornerstone of Temer’s plan to restore fiscal discipline and bolster investor confidence to spark a recovery, but it remains unpopular among Brazilians, many of whom would have to work longer before retirement. Temer’s government is expected to soften some of the more stringent aspects of its initial proposal to win over lawmakers on the fence. The president originally said he was setting out to solve the pension system’s deficit over the next three or four decades, but on Monday he conceded Brazil may need another pension reform in 10 or 15 years. In a television interview, Temer said the current proposal was expected to save the country 600 billion reais ($194 billion) over the next decade, about three quarters of the savings of his original proposal. In one example of the compromises sought by lawmakers, Temer said the minimum period of contribution for female workers to retire with a pension may be reduced from an earlier proposal. Finance Minister Henrique Meirelles told journalists a draft of the pension reform bill was still being discussed. “Political leaders are all committed to approving the pension reform as quickly as possible,” he said. The testimony from Odebrecht executives has poured fuel on the corruption scandal that broke three years ago with a probe into kickbacks at state-run oil company Petrobras and has shaken the pillars of Brazil’s political establishment.
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