Chapter
The Importance of Impact Measuring
58:47 - 1:02:48 (04:00)
Impact measuring is crucial for entrepreneurs as it allows them to realize if they are serving the right people and serving them effectively. By collating feedback and understanding the voices of those they serve, they can hold themselves accountable to a higher standard and allocate their dollars for impact, not only for financial returns.
Clips
This podcast episode discusses the importance of holding oneself accountable and measuring impact in poverty alleviation.
58:47 - 1:00:20 (01:33)
Summary
This podcast episode discusses the importance of holding oneself accountable and measuring impact in poverty alleviation. The speakers emphasize the need for new technological tools such as cell phone technology to better understand and record the voices of those being served.
ChapterThe Importance of Impact Measuring
Episode#512: Jacqueline Novogratz on Building Acumen, How to (Actually) Change the World, Speaking Your Truth, and The Incredible Power of “Dumb” Questions
PodcastThe Tim Ferriss Show
Entrepreneurs can gain a deeper understanding of their customers with the use of data insights as it allows them to identify if they are serving their target market effectively or if they have wrong assumptions.
1:00:21 - 1:02:48 (02:26)
Summary
Entrepreneurs can gain a deeper understanding of their customers with the use of data insights as it allows them to identify if they are serving their target market effectively or if they have wrong assumptions. Collating data also helps in decision making by looking at which companies have the best product that reaches a wider and happier customer base.