The podcast for this post is at http://bit.ly/LG70YM
Today we continue an 8 part series on applying permaculture principals to your business based on the article 8 Forms of Capital by Appleseed Permaculture.
In part eight we discuss the concept of Experiential Capital, from the article…
We accumulate experiential capital through actually organizing a project in our community, or building a strawbale house, or completing a permaculture design. The most effective way to learn anything comes through a blended gathering of intellectual and experiential capital.
My personal experience getting a Master’s degree at Gaia University showed me that experiential learning is essential for my effective functioning in the world: I was able to do projects instead of take classes, and I’m now collaboratively organizing the local permaculture guild and co-running a successful permaculture design firm.
I can see that ‘Human Capital’ is a combination of social, intellectual and experiential capital, all facets of a person that can be gathered and carried in essentially limitless amounts. But there’s one more form of capital that a person can gather and carry inside themselves.
In our businesses we can look at experiential capital in a variety of ways,
1. The experience of the ownership
2. The experience of the employees/partners/contractors
3. The experience of the customer base
4. The experience of the industry
Join me today as we take these concepts and examine them at a deeper level.