Conscires’ Profit-Sharing Journey
My wife, Rahmi, and I founded Conscires Agile Practices in 2010, with the intention of making more money and also out of frustration from and sympathy towards the sad state of affairs in large corporations trying to create teamwork.
I believe that we have tasted success, as we have offered our services to around 2000+ individuals from around 100+ companies in the last two years. Modest, but hey, something is better than nothing!
Along this journey, my perspective about owning a business has changed! Primarily due to my life experiences through the interactions with friends and family, the fellowships that I was involved in the past two years, and also the change in perspective brought about by Rahmi in areas like parenting, unschooling, childbirth, the food we eat, farming, to name but a few!
All these experiences made me feel that Rahmi and I owning Conscires would stand in the way of the beautiful souls working at the Company from taking more ownership in what they do. I also found it hypocritical to create a Company that relies on self-organization to get the work done but does not rely on the same principle to decide “who gets what or how much: salary, profit, etc”.
So, in April 2012, I decided to start a discussion at Conscires about turning the ownership of the Company to its employees. After a round of meetings, we decided that from 1st June 2012, any profit made by the Company would be shared amongst all its employees.
We are still trying to figure out how exactly the profit would be shared (equally, based on the number of hours worked, or on the complexity of the work) and it seems to be something that the team is uncomfortable at deciding, as it so accustomed to the “owner” deciding for them. Whatever it is, I am sure a solution will soon emerge!