The founder of Blue Haven Initiative shares her experience on starting an impact investment firm with a purpose-first approach, by identifying sectors then canvassing for candidates to solve specific problems, instead of selecting from a list of business proposals.
The speaker recalls their experience of helping to bring long-lasting malaria bed nets to Tanzania, which was a real experiment in building manufacturing capability in Africa where 95% of malaria occurs, by collaborating with various entrepreneurs and ultimately successfully identifying a great one named Anusha.
The CEO of Impact Capital Managers discusses her approach to impact investing, which involved selecting a problem and then canvassing to find potential candidates rather than soliciting proposals or business proposals. She also highlights the success of a company in Tanzania that has brought malaria bed nets to half a billion people and emphasizes the importance of finding health technologies that can improve people's lives and bring them dignity.
The guest speaker talks about gaining experience in entrepreneurship by getting involved in another organization and gaining extended education on someone else's charter, which teaches grit and resilience. They also discuss the importance of a long-term approach to business, such as the Japanese concept of developing an ecosystem around a company.