Jacqueline Novogratz
Jacqueline Novogratz
Jacqueline Novogratz is an American entrepreneur and author. She is the founder and CEO of Acumen, a non-profit global venture capital fund whose goal is to use entrepreneurial approaches to address global poverty. Acumen has invested over $90 million of patient capital in 80 businesses that have impacted more than 125 million people in the past year. Any money returned to Acumen is reinvested in enterprises serving the poor. Currently, Acumen has offices in New York, Mumbai, Karachi, Nairobi, and...
NationalityAmerican
ProfessionBusinesswoman
CountryUnited States of America
Jacqueline Novogratz quotes about
Leaders can get stuck in groupthink because they're really not listening, or they're listening only to what they want to listen to, or they actually think they're so right that they're not interested in listening. And that leads to a lot of suboptimal solutions in the world.
Sproxil will help combat the multi-billion dollar counterfeit drug market, empower customers, and give them the resources to make informed pharmaceutical purchasing decisions.
On the one hand, I loved being a banker. I loved how numbers could tell a story and how you can invest in ideas and see them translate into products and services and create jobs. What I didn't like, particularly where I was working in Brazil during the debt crisis of the early '80s, was how the poor were excluded from the banking system. I made the decision to try and experiment with whether we could use the tools of banking to extend the benefits of the economy to the poor.
People across the world are yearning to be connected to stories of hope.
By helping a woman, you help a family.
Entrepreneurs are the seekers of solutions, and that they will go into these places where both market and traditional aid has failed or traditional charity has failed.
Not surprisingly, most people feel most beautiful when they are involved in an act of service, or are doing something that makes them feel generous, connected, or seen by others.
If there's one value that is immutable, it's integrity or respect, for others and for yourself.
There's a real moral imperative in being an organization that takes the time to sit and listen to the customers and the people they're serving.
Even when early innovations start to succeed, it is not uncommon to see growing businesses sabotaged for threatening the status quo.
When Jeff Sachs says every poor person should receive a free bed net, I agree - but in reality, many end up not receiving one. And I don't live in a world of shoulds.
We see very, very high rates of C-sections, Cesarean sections, in India. Lots of reasons for it, high levels of malnutrition have meant that women have very small pelvic areas often, so if they have larger babies, it's very hard to deliver.
What farmers gain most of all from the increase in agricultural productivity, of course, is choice.
President Kennedy said that those who make peaceful revolution impossible make violent revolution inevitable. I would say that the converse is true.