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Why Philosophy is the Perfect Major for Entrepreneurs

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Young student looking for a book at a library shelf
Entrepreneurship: Philosophy studies can enhance the ability to communicate effectively in business | Photo: Tima Miroshnichenko

Like many new college students, I struggled to choose a major that I both loved and would be willing to study for my undergraduate degree. I tested the waters with several different faculties, such as Economics, Political Science, or Psychology, but still couldn’t find passion.

It was not until my first philosophy class that I truly discovered a field of study I wanted to pursue. I instantly fell in love with its argumentative structure and the depth of questions it seeks to answer. I enjoyed spending my time reading the works of Plato and Aristotle while crafting opinions of my own. 

My experience with philosophy has been an invaluable asset as I continue down a career path as a writer and entrepreneur. In this article, I will discuss a few of the reasons why I believe all business owners and entrepreneurs should study philosophy.

Philosophy develops critical thinking skills 

Students that study philosophy are faced with notoriously difficult and open-ended assignments that challenge them to grapple with some of the world’s most difficult questions. Philosophers seek to answer questions related to the purpose of existence or the need for morality in human interaction and institutions. They are tasked with using creativity and analytical thinking to form arguments that defend and refute the thoughts of others.

These are vital skills for entrepreneurs that wish to make meaningful change and find innovative solutions to difficult problems. An entrepreneur is often tasked with the challenge of resolving conflict and organising people within their operation.

The technology space has seen a massive rise in its respect for graduates with a philosophy major. Philosophers are strong logical thinkers and this is considered a huge asset when analysing data and creating algorithms. Some of the biggest names in technology today come with backgrounds in the liberal arts. Slack CEO and billionaire entrepreneur Stewart Butterfield is a proud holder of both a Bachelor’s and Master’s degree in Philosophy. He claims that philosophy taught him to write effectively and construct a strong argument. He believes philosophy to be an invaluable field of study for those interested in launching into the technology or business space.

The ability to communicate effectively and construct thoughtful arguments

Communication is a quintessential skill to every entrepreneur’s success. They must be capable of effectively communicating their goals and vision to both their employees and the people they seek to help. Philosophy is built upon writing and structuring an argument with the clarity to convince and teach its reader. A business owner faces the same challenge when fighting to gain public favour and build interest in their business. 

Philosophy recognises the importance of word choice and being selective to defend or create an argument. Philosophers are no strangers to the ambiguous nature of thought and meticulously dissect complex problems while crafting responses that walk their readers from point A to B. An entrepreneur’s journey is made infinitely easier when they can effectively communicate their thoughts and ideas. 

Should you consider studying philosophy?

I hope this has brought some insight into the valuable skills that philosophers learn. They are capable of thinking critically, problem-solving, asking difficult questions, and communicating their thoughts effectively to others. These abilities are an asset to any career you seek and are especially useful to those with an entrepreneurial spirit. 

I am a Canadian copywriter and marketing consultant that seeks to help business owners and entrepreneurs attain their goals and reach their targeted communities. I am also an avid traveler and book enthusiast.

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The Häagen-Dazs Rose Project announces 50 nominees

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Kim Rihal, founder of social enterprise Equal Education, is one of the 50 women shortlisted for The Häagen-Dazs Rose Project
Kim Rihal, founder of social enterprise Equal Education, is one of the 50 women shortlisted for The Häagen-Dazs Rose Project

Earlier this year, on International Women’s Day 2023, Häagen-Dazs launched ‘The Rose Project’, a global initiative with a $100,000 (USD) bursary grant inviting nominations to recognise unsung trailblazing women in honour of the brand’s female co-founder Rose Mattus. Yesterday, 23 November, on what would have been Rose Mattus’ birthday, Häagen-Dazs announced the top 50 #WomenWhoDontHoldBack nominees being shortlisted for their achievements and its five globally accomplished Häagen-Dazs Rose Project judges.

Over 2,500 applications were received for The Häagen-Dazs Rose Project putting forward pioneering efforts and societal contributions made by women across the globe. From these, 50 talented and inspirational women have been shortlisted and will be put forward to win one of five monetary grants of $20,000 (USD), which will be announced on International Women’s Day 2024, to continue their exceptional work, unleash their potential or give to a cause they are passionate about. The top 50 shortlist includes women from 17 countries hailing from across Europe, Asia, Africa & Middle East, Australia and the Americas.

The all-female judging panel from across the world has been handpicked for the final selection stage of The Häagen-Dazs Rose Project includes. UK-based author, broadcaster and philanthropist Katie Piper, fashion entrepreneur and advocate for women’s fertility issues, Velda Tan from Singapore and Spanish entrepreneur and creative director Inés Arroyo, are amongst the judges.

“International Women’s Day 2023 marked the launch of The Häagen-Dazs Rose Project to honour the legacy of our co-founder, Rose Mattus, and create a fund platform to provide opportunities to women across all fields around the world who are truly deserving of support and recognition. We were thrilled to receive thousands of nominations across countries and our #WomenWhoDontHoldBack Top 50 shortlist is a compelling and diverse mosaic of trailblazing female narratives that moved us and serve as an inspiration to women everywhere”, says Aurélie Lory, Häagen-Dazs spokesperson.

To find out more about the story of each entrepreneur shortlisted for The Häagen-Dazs Rose Project, visit: https://iwd.haagen-dazs.global/en/.

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47% of women feel their workplace is not combatting inequality

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Katherine Maher, CEO, Web Summit, on Centre Stage during day one of Web Summit 2023 at the Altice Arena in Lisbon, Portugal
Katherine Maher, CEO, Web Summit, on Centre Stage during day one of Web Summit 2023 | Photo: Eóin Noonan/Web Summit

The proportion of women who feel that their workplace is not taking appropriate measures to combat gender inequality has nearly doubled in a year, a new survey has revealed.

Web Summit, the world’s largest technology event taking place in Lisbon this week, has released its third annual State of Gender Equity in Tech report, which is based on a survey distributed among its women in tech community.

76.1 percent of respondents feel empowered to pursue and/or hold a leadership position; fewer respondents (41.8 %) feel the need to choose between family and career when compared to 2022 (50.4 %); and there is at least one woman in a senior management position in 80.4 percent of respondents’ companies, a similar proportion to last year (81.3%).

The survey found that 70.5 percent of respondents feel pressure to prove their worth compared to male counterparts, while 77.2 percent feel they need to work harder to prove themselves because of their gender.

Over three quarters of respondents (76.1 %) feel empowered to pursue and/or hold a leadership position. And almost half of respondents think that their workplace is not taking appropriate measures to combat gender inequality, increasing from 26 percent in 2022 to 47
percent in 2023.

“While it is encouraging to see progress in some areas, such as those feeling the need to choose between their family and career, there are also some deeply concerning trends within this report. Seeing an increase in those who report having experienced sexism in the workplace in the last year is disheartening in 2023. We hope that this kind of research can breed some positives, and that it will push workplaces – and women within these workplaces – to broach these topics and make progress in these areas,” said Carolyn Quinlan, VP of community at Web Summit.

Last year, 42 percent of attendees at Web Summit were women and 33 percent of speakers were women. In 2023 these numbers have slightly improved with 43 percent of attendees and 38 percent of speakers on stage being women this year.

The women in tech programme at this year’s Web Summit is at capacity, and the women in tech programme at Web Summit Rio 2023 reached capacity in record time.

The WebSummit 2023 is running from November 13th to 16th in Lisbon, Portugal.

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Krispy Kreme to give away free donuts on World Kindness Day

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A box of Krispy Kreme donuts opened and with donuts inside
The company, founded in 1937, is giving away 60,000 free doughnuts around the world today | Photo: Clément Proust

American multinational doughnut company and coffeehouse chain, Krispy Kreme, is celebrating “World Kindness Day” today by distributing free donuts in the US and the UK.

The chain is giving away a box of a dozen glazed donuts for free with no purchase necessary. But only the first 500 guests that visit each participating Krispy Kreme US stores on “World Kindness Day”, Monday November 13th, will be able to get a free box of donuts.

Krispy Kreme often gives away free or discounted donuts to generate buzz on special occasions. The company, founded in 1937, traditionally gives out free donuts to customers on National Donut Day, celebrated on the first Friday of June of each year. And in July, a dozen of glazed donuts were sold for 86 cents to celebrate its 86th birthday.

Thousands of free donuts are also expected to be given away today across Krispy Kreme stores in the United Kingdom, with customers being encouraged to ask for the World Kindness Day offer. No purchase necessary.

The company, which operates in over 30 countries around the world, said it wants the brand associated with World Kindness Day to make “meaningful connections” with customers.

“World Kindness Day is an opportunity to make a positive difference by being generous,” Dave Skena, Krispy Kreme’s global chief brand officer, said in a release. “Simple gestures of caring and thanks, including sharing a sweet treat, is a great way to do that.”

Krispy Kreme said that it’s considering expanding a limited partnership it has with McDonald’s to sell more of its donuts at the latter’s location.

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