CYPx

Date: March 15, 2016

Name: Company of Young Professionals Success Series – CYPx

Presenters: Daniel Dubois, Natasha Jung, and Jason Leo Carvalho

Stories behind successful leaders can influence other leaders, especially young professionals. Moreover, stories can lead to new motivation and inspiration for young leaders in Vancouver. Company of Young Professionals invites Daniel Dubois, the Founder and CEO of ShareShed, Natasha Jung, the Senior Marketing and Event Manager of Vision Critical, and Jason Leo Carvalho, the Vice President of Growth in Voleo Inc, to share their leadership insights. In this presentation, young leaders will learn the “why” from these outstanding emerging leaders. In addition, the stories behind these 3 successful leaders will benefit young leaders in their career industries.

Value based leadership in the sharing economy

Daniel Dubois had the opportunity to visit Australia to experience the value of sharing economy. Dubois redefined his wealth from a new definition of “from what you own to what you have access to”.

Young leaders must realize they are in a tight community. Many people have things others want. The assets people do not use can empower to us it by others. Dubois shares his experience from the great pacific garbage patch and believes there will be a shift in the current society. The shift will benefit the economy.

Dubois introduces the idea of ownership to access. In this business world, young leaders do not buy mobile anymore; instead, they purchase mobility. The idea of AirBnB also comes from this similar concept.

“Wealth is not ownership; it is access”

Dubois believes the true wealth is freedom. It is the degree of love each other in the community. Moreover, it is the right message to share with the community.

Sharing economy involves the triple bottom line. There will be more people moving into the local economy. There will be more community connections. Definitely, there will be empowerment and decentralized wealth in the society. Sharing economy can reduce waste and increase the access to nature, such as provide cause and effect and develop relationship.

Dubois realizes young leaders are in the community where everything is on their clock. People are afraid the change will destroy the culture they are holding on; however, they need to look at a higher view. There is a need of new measurement of success, which is to align with purpose.

Dubois wants young leaders to use these two strategies to change the society.

1. Vote with their money
2. Use business as a tool to make a difference

When young leaders are able to develop awareness and define their values, they will see a brighter future and use business as force for good. The movement is to empower the next generation, and sharing economy will become the next economy of tomorrow.

Hustle and Heart

Young leaders will experience the time when they say they will have everything figured out by the age of 30. This creates pressure for young leaders to develop a plan for themselves. Natasha Jung reminds young leaders that if they do not consistency hustle every day, other young leaders can come and over them. However, Jung believes when they hustle, their heart should be in it.

At the age of 17, people supposed to have a plan of their direction, but as they approach to 30, they have to ask themselves if they are going to the right direction.

In the age of 17, Jung got a feedback from a student that she is not qualified to have the title of student council. Jung thought the hard work was not enough. She made the perception of only someone who works the hardest deserves to be a leader. This changed her life and changed the way she hustled. In reality, Jung is hustling without notice. Jung thought her hustle was making her feel good, but in reality, was she?

“Hustle beats talent when talent does not hustle”

Intention is important for hustle. Jung indicates hustle without purpose is just a busy work. Everyone has choices. The problem is that people have too many choices and it is difficult to make the choice. Jung believes future behaviors come from past behaviors. It is all about traits.

During Jung’s school year, she had a chance to work in many broadcast activities. In fact, these activities lead Jung to burnout. The hustle was driving her to the ground. Jung emphasizes all passion projects are great, but the question is, are those project good for her?

It was time for Jung to take things seriously. She was waiting for a sign. There was a moment when she accepted the event planning role for a conference, she was almost destroyed. A friend of Jung sent her a message of “Dare to dream”. “Dare to dream” was a letter she wrote to her future self. Jung felt bad because she had not done what she really wanted to do.

Jung reached out to her network and sought the opportunity to become a TV producer. Jung explains she is now doing what she really wants to do. Everything she has done before is just preparation. When she received the letter to extent her contract, she feels that is her validation. She is now happy and now the hustle and the heart are now as one.

Jung wants young leaders to remember that the most important thing to have by the time they are 30 is the clarity and confidence to live their values to the best of their ability.

Recession

Jason Leo Carvalho defines recession as a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

The economy is in growth and the trend of Canada unemployment rate is steady, but the household debt to income ratio is rising. The house debt ratio has increase over 163.7% for a past couple of years. Carvalho believes it is not the housing market that should be worried; in fact, it should be other facts, such as the rise of credit card, mortgage and personal line.

Carvalho was raised in Kitimat. Kitimat’s economy made up of 10% growth of GDP in Canada. Even though Carvalho’s father travelled a lot, and his mother worked at Royal Bank, his family has consistency. Carvalho had a great life and had the opportunity to learn to public speaking at a young age.

In his teen, Carvalho was inspired by a movie called “Dead Poets Society”. There is a powerful phrase that resonated Carvalho.

“The powerful play goes on and you may contribute your verse”

Carvalho questioned himself, “what is his verse?”

Carvalho attended university to study psychology and worked in a psychology firm in Vancouver. Going through 9/11 and the burse of Dot.com bubble, Carvalho exposed to the meaning of recession. His belief changed and witnessed the first time the evolution of technology takes place in the market

During the stock market crash at 2000 to 2002, many people lost their saving and many families are crushed. He realized there is nothing important has ever build without irrational exuberance.

“Dig your wall before you are thirsty”

Forget about university, Carvalho needed to know what he was going to do. Carvalho started to go to business competitions and got hired as a business developer. Carvalho asked the owner of C-Fax Radio to be his mentor and started his social entrepreneur journey. Carvalho went to Oxford and attend the Skoll World Forum. He met many world leaders. He took the initiative to become the educator and formed a foundation. Carvalho felt everything he experienced evolved around social economy. Currently, he is writing a book called “The First Employee”.

Carvalho suggests young leaders to always put themselves out there to get action. Lastly, Carvalho provides 7 tips for young leaders.

1. Values and community
2. Define your success
3. Build your well
4. Give back
5. Work harder than…
6. Information to you
7. I have got your back