All human beings are very creative - full of potential, full of energy... So, money kind of allows them to express it... And if you're successful, you can take more money. You can expand your capacity, reach next level of capacity, and so on.
By simply capitalizing on core strengths and knowledge, companies and entrepreneurs can engage in an emerging business model that will enable them to create - and demonstrate - real, sustainable social impact in society.
Engaging in social business is beneficial to a company because it leverages on business competencies to address social issues, involves one-time investment with sustainable results, and produces other positive effects such as employee motivation and improved organizational culture.
I have always said that human beings are multidimensional beings. Their happiness comes from many sources, not, as our current economic framework assumes, just from making money.
I was born in 1940 in Hathazari, Chittagong, which is now part of Bangladesh. Education was always important to my parents, and with what little we had, they were able to provide an education for their children.
Credit markets were originally created to serve human needs; to provide businesses and individuals with capital to start or expand businesses or fulfill other financial needs.
What we need is to think strategically about development, analyzing a country's potential role in its region and the world in search of opportunities for growth. Platforms like the Global Social Business Summit can facilitate the process on bringing about change.
I began my career as an economics professor but became frustrated because the economic theories I taught in the classroom didn't have any meaning in the lives of poor people I saw all around me. I decided to turn away from the textbooks and discover the real-life economics of a poor person's existence.
Nothing is more valuable to people than health care, and by paying, they feel less like beggars and more like 'customers' who can and should demand quality care.
Health care can be made more affordable for the poor without requiring major new scientific developments, just the smart application of current technologies. We have seen a $25 incubator and diagnostic instruments that are built tough, cheap, and reusable for the developing world.
Business is a very beautiful mechanism to solve problems, but we never use it for that purpose. We only use it to make money. It satisfies our selfish interest but not our collective interest.
The new millennium began with a great global dream. World leaders gathered at the United Nations in 2000 and adopted, among others, a historic goal to reduce poverty by half by 2015. Never in human history had such a bold goal been adopted by the entire world in one voice, one that specified time and size.
People should wake up in the morning and say 'I am not a job seeker, I am a job-creator.Collection: Morning
Poverty is not created by poor people. It is produced by our failure to create institutions to support human capabilities.Collection: People
All people are entrepreneurs, but many don't have the opportunity to find that out.Collection: Opportunity
If you want to do something you have to imagine it. If you don’t imagine it, it will never happenCollection: Want
Human creativity is unlimited. It is the capacity of humans to make things happen which didn't happen before. Creativity provides the key to solving our social and economic problems.Collection: Creativity
I believe that we can create a poverty-free world because poverty is not created by poor people. It has been created and sustained by the economic and social systems that we have designed for ourselves; the institutions and concepts that make up that system; the policies that we pursue.Collection: Believe
I’m encouraging young people to become social business entrepreneurs and contribute to the world, rather than just making money. Making money is no fun. Contributing to and changing the world is a lot more fun.Collection: Fun
One day our grandchildren will go to museums to see what poverty was like.Collection: Optimistic
A charity dollar has only one life; a Social Business dollar can be invested over and over again.Collection: Charity
In the future the question will not be, "Are people credit-worthy", but rather, "Are banks people-worthy?"Collection: People
We create institutions and policies on the basis of the way we make assumptions about us and others. We accept the fact that we will always have poor people around us. So we have had poor people around us. If we had believed that poverty is unacceptable to us, and that it should not belong to a civilized society, we would have created appropriate institutions and policies to create a poverty-free world.Collection: Business
Each of us has much more hidden inside us than we have had a chance to explore. Unless we create an environment that enables us to discover the limits of our potential, we will never know what we have inside of us.Collection: Encouragement
This is not charity. This is business: business with a social objective, which is to help people get out of poverty.Collection: Inspiration
I avoid grandiose plans. I start with a small piece that I can do. I go to the root of the problem and then work around it. It's building brick by brick.Collection: Inspirational
The oneness of human beings is the basic ethical thread that holds us together.Collection: Oneness
Once poverty is gone, we'll need to build museums to display its horrors to future generations. They'll wonder why poverty continued so long in human society - how a few people could live in luxury while billions dwelt in misery, deprivation and despair.Collection: Business
People.. were poor not because they were stupid or lazy. They worked all day long, doing complex physical tasks. They were poor because the financial institution in the country did not help them widen their economic base.Collection: Country
We prepare our students for jobs and careers, but we don't teach them to think as individuals about what kind of world they would create.Collection: Jobs
...culture is useless unless it is constantly challenged by counter culture. People create culture; culture creates people. It is a two-way street. When people hide behind a culture, you know that's a dead culture.Collection: Counter Culture
We have to get out of this mindset that the rich will do the business and the poor will have the charity.Collection: Charity
When we want to help the poor, we usually offer them charity. Most often we use charity to avoid recognizing the problem and finding the solution for it. Charity becomes a way to shrug off our responsibility. But charity is no solution to poverty. Charity only perpetuates poverty by taking the initiative away from the poor. Charity allows us to go ahead with our own lives without worrying about the lives of the poor. Charity appeases our consciences.Collection: Responsibility
When tiny, tiny things start happening a million times, it becomes a large thing. It lays down the foundation of a strong economic base. With women participating in building this economic base, it becomes the foundation for better social and economic future.Collection: Strong
When a destitute mother starts earning an income, her dreams of success invariably center around her children. A woman's second priority is the household. She wants to buy utensils, build a stronger roof, or find a bed for herself and her family. A man has an entirely different set of priorities. When a destitute father earns extra income, he focuses more attention on himself. Thus money entering a household through a woman brings more benefits to the family as a whole.Collection: Mother
Capitalism is not about the profit motive. Capitalism is about free markets. What you do in the market, in your free will, is the essence of capitalism.Collection: Essence
My vision for the future? ... a world completely free from poverty.Collection: Future
If we want to help poor people out, one way to do that is to help them explore and use their own capability. Human being is full of capacity, full of capability, it's a wonderful creation, but many people never get a chance to explore that, never know that she or he has that.Collection: People
Poor people are bonsai people. There is nothing wrong in their seeds. Simply, society never gave them the base to grow on. All it needs to get the poor people out of poverty for us to create an enabling environment for them. Once the poor can unleash their energy and creativity, poverty will disappear very quickly.Collection: Creativity
Some people think that poor people are lazy. Actually, it takes a lot of work to survive when you are dirt-poor.Collection: Thinking
If I could be useful to another human being, even for a day, that would be a great thing. It would be greater than all the big thoughts I could have at the university.Collection: Greatness
Making money is no fun. Contributing to and changing the world is a lot more fun.Collection: Fun
We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions; if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people.Collection: Ideas
Young people should think in a different way - they should be job givers not job seeker.Collection: Inspiring
In a bird's eye view you tend to survey everything and decide on a particular point, then you swoop down and pick it up. In a worms eye view you don't have that advantage of looking at everything.Collection: Eye
I was an economist now turning into a human being - as if these are two different things. I don't know but I did that and then I had no vision.Collection: Two
What I did not know yet about hunger, but would find out over the next twenty-one years, was that brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty and hunger. They believe that these will be resolved when general economic prosperity increases. These economists spend all their talents detailing the process of development and prosperity, but rarely reflect on the origin and development of poverty and hunger. A a result, poverty continues.Collection: Believe
Charity only perpetuates poverty by taking the initiative away from the poor.Collection: Charity
If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty.Collection: Real