Jacqueline Novogratz on Building Acumen, How to (Actually) Change the World, Speaking Your Truth, and The Incredible Power of “Dumb” Questions | Brought to you by LinkedIn Jobs recruitment platform with 720M+ users, Magic Spoon delicious low-carb cereal, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating. Jacqueline Novogratz (@jnovogratz) is the founder and CEO of Acumen. In 2001, Jacqueline started Acumen with the idea of investing philanthropic patient capital in entrepreneurs seeking to solve the toughest issues of poverty. As a pioneer of impact investing, Acumen and its investments have brought critical services like healthcare, education, and clean energy to hundreds of millions of low-income people.After supporting hundreds of entrepreneurs, Jacqueline and her team recognized character as the crucial ingredient for success. In 2020, they launched Acumen Academy to instruct others in global social change. Under Jacqueline’s leadership, Acumen has also launched several for-profit impact funds designed to invest at the intersection of poverty and climate change and has spun off 60 Decibels, founded on the principle that serving all stakeholders is as important as enriching shareholders.Jacqueline is the New York Times best-selling author of The Blue Sweater and Manifesto for a Moral Revolution: Practices to Build a Better World, which is now available in paperback. She has been named one of the Top 100 Global Thinkers by Foreign Policy, one of the 25 Smartest People of the Decade by The Daily Beast, and one of the world’s 100 Greatest Living Business Minds by Forbes, which also honored her with the Forbes 400 Lifetime Achievement Award for Social Entrepreneurship.Please enjoy!This episode is brought to you by LinkedIn Jobs. Whether you are looking to hire now for a critical role or thinking about needs that you may have in the future, LinkedIn Jobs can help. 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Jacqueline Novogratz, the founder and CEO of Acumen, discusses her books, "The Blue Sweater" and "Manifesto for a Moral Revolution," and how she approaches impact investing to tackle poverty and climate change.
Mike Novogratz talks about his wild, entrepreneurial childhood as part of a big, extended immigrant Catholic family and how it helped shape him into an impact investor and social impact advocate today.
One woman shares her experience of standing up to her trigonometry teacher and taking a hit for her honesty in order to speak her truth. This experience taught her the importance of learning how to use her voice.
The guest, an entrepreneur and author, reflects on the importance of asking questions, speaking truth, and using patient capital to invest in local communities and small businesses.
The podcast guest recounts how her family was initially opposed to her decision to work in Africa due to cultural barriers and lack of understanding, but eventually, with the help of a supportive mentor, she was able to triumph and succeed in her career.
In this episode, the speaker shares her experience of moving to Africa to work as an ambassador and help build microfinance organizations but faced rejection and failure due to a lack of understanding of the local culture and not building real partnerships.
Jacqueline Novogratz, founder of the impact investment organization Acumen, discusses the potential for entrepreneurship to provide financial dignity and solve social issues for poor women in Africa.
Jacqueline Novogratz, founder of Acumen, shares her personal experience in microfinance and the importance of building companies rather than just providing small loans, and emphasizes the need for access to markets and capabilities to use them effectively.
Jacqueline Novogratz, founder of Acumen, shares her experience of knowing the co-founders who played different roles in the Rwandan Genocide and how it taught her the importance of seeking purpose over power, understanding patient capital, and redefining poverty as dignity rather than solely financial. She also discusses the tendency to oversimplify people into angels and monsters and how this can be unhelpful in solving complex societal issues.
Julia Galef interviews philosopher Agnes Callard on the capability for people to commit heinous acts and Darren Brown's mentalist performances that illustrate how easily people can be molded to do so.
Jacqueline Novogratz, the founder of Acumen, discusses their approach to measuring social impact through a methodology called "lean data," which prioritizes feedback from customers themselves. She also emphasizes the importance of bringing accountability and edge to philanthropy and social investment.
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.
Jacqueline Novogratz, the founder of Acumen, discusses the importance of investing for impact at scale and creating entire markets rather than single companies. She also emphasizes the potential for non-profits and for-profit companies to work together to create meaningful change.
Jacqueline Novogratz, CEO of Acumen, explains how immersion and moral imagination are key factors in overcoming systemic issues and designing solutions for people whose lives are different from our own.
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.
In order to create real change, it is important to learn through apprenticeship and skill development rather than simply focusing on one's purpose. Young and older individuals who want to make a positive impact should prioritize gaining experience and building their skillset.
The conversation explores the importance of prioritizing problem-solving over profit for long-term financial sustainability and scale in entrepreneurship. The speakers also share insights on effective leadership and finding purpose in committing to solving big problems.
Jacqueline Novogratz recommends "Man's Search for Meaning" by Victor Frankl as a required reading for all in this time of despair, while also suggesting "The Invisible Man" by Ralph Ellison and emphasizing the importance of investing in the world around us. She also shares advice for people who have more time than money.
Jacqueline Novogratz, founder and CEO of Acumen, talks about the emergence of the impact investing sector and the need for a more expansive and conscious approach to investing for good. She urges individuals and institutions to prioritize investing in entrepreneurship, sustainability, and social impact, in order to build a more equitable and sustainable world.
Jacqueline Novogratz, Founder and CEO of Acumen, discusses the path of moral leadership and the importance of making impactful investments. She encourages individuals to get involved, pay attention to how they buy, and give back to their communities to make a change in the world.
In this podcast, the speakers discuss the importance of character traits such as grit, resiliency, vision, and the ability to take feedback in both business and life.
In this podcast, Jacqueline Novogratz talks about the importance of embracing diversity and the responsibility we have for each other as a global community. She also acknowledges Tim Ferris' love and inspired curiosity in every conversation and work he does.
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