Paul Catipon, CEO of Netpro in NYC has hired many people who were in need of work, even if they maybe wouldn’t have been the obvious choice. Here he describes how that reciprocity is constantly happening in EoC business. In one case, he hired a guy who was not clearly a great fit, giving him an opportunity, but then they …
Profit and Sharing
Paul Catipon, CEO of Netpro, found himself making a lot of profit, and so he was faced with a question: what to do with all the profit? He chose to not take it for himself (although he was the sole owner of the company) but rather to keep it in the company, which then enabled him to keep paying employees …
Channeling Free Market Enterprise to Help Poor
Paul Catipon, CEO of Netpro, gave a talk at the United Nations on behalf of private enterprise and said that for-profit businesses, due to their efficiency and capacities, can do much more good in society than nonprofit organizations (NGOs) if they just commit themself to do so. Business is the most powerful force in society, and so its power to …
Finding Ways for Everybody to Win
Paul Catipon, CEO of NetPro, shares a story of being offered a promotion when working at a bank. He explains how he approached that situation, looking out for the employees beneath him who were working even harder. Paul recalled another time when he received a bonus. He took it, cashed it, divided it into thirds, and gave two-thirds away. He …
Life Work Balance & Accountability
Paul Catipon, CEO of NetPro, explains how occasionally his employees would overwork themselves. Paul worked with the HR manager to designate specific vacation times in order to ensure he had work life balance. Paul have the employee no choice but to take breaks. While this is an untraditional approach, it improved the culture of the business and the health of …
Why Would You Refuse a Bonus?
Paul Catipon, CEO of NetPro, recalls an experience of offering two employees bonuses. One of them declined the bonus, giving it back to company so that more people could have the same opportunity he had in the future. Discussion Questions How do you think the Economy of Communion touched the employee who reinvested his bonus in the company? Bonuses can …
Com-friend-itors
In this video, John Mundell talks about some of the challenges and opportunities he faced with his “competitors” in the industry and how he overcame these challenges to grow closer to his competitors. Discussion Questions What might be some positive aspects of being open and friendly with competitors in the industry? Should you prioritize keeping trade secrets or creating a …
Time for Employees
In this video, John Mundell talks about the difficulties of practicing EoC values such as patience with employees, and how, even when it is difficult, the result is always worth the effort of being kind and compassionate towards others, especially employees. Discussion Questions Why is it important for business leaders to create a sense of open communication with their employees? …
Partners Who Know Your Values
Strong partnerships require explicitly aligned values and shared principles so that, especially in moments of crisis, decisions are guided by the same motivations and judgment rather than leading to conflict and broken relationships. Discussion Questions How can misaligned principles surface during times of crisis? Can a partnership survive if values are aligned but methods differ? Why or why not? How …
Power at its Best
Joan, who at one point started and grew a very successful and profitable company of her own, worked for a while in another large corporation. In direct contradiction to the president of the company she was working for, Joan said she would be leaving once she got the company up and going. He thought she would get addicted to the …