In Australia, the First Peoples estate is influenced by ongoing colonial contexts, government policy, organisational Reconciliation Action Plans (RAPs), Indigenous Economic Development Agencies and First Peoples Founders who lead, own, manage, and control their enterprises. This paper explores RAPs, which are White Australian organisational cultural change initiatives, and examines if and how they influence relationships, respect and opportunities with Founders of First Peoples enterprises pursuing economic self-determination. We know that First Peoples are excluded from their unceded resource rich lands, many experiencing ‘fourth world’ socio-economic living conditions . We apply an Indigenous Research Approach, utilising Indigenous Standpoint, elevating seven Founder voices from yarning, and ask: what do Founders of First Peoples enterprises see as the benefits and limitations of RAPs? What can be learnt from the experiences of RAPs that needs to be done by corporate Australia in progressing their reconciliation journey following a toxic referendum campaign? We identify three key findings. First, that RAPs offer some benefits by providing First Peoples procurement opportunities as well as cultural and racism awareness training for an organisation’s non-Indigenous employees. Second, the limitations of RAPS include: the transactional nature of some RAPS, a lack of skills and knowledge in building reciprocal relationships with First Peoples Founders and communities and the continuing overt and covert displays of racism and racist assumptions. Our third key finding identifies Whiteness as the problem and we conclude that a focus on Whiteness is necessary in successfully navigating the reconciliation journey.