TED Talks Daily Want to succeed in business? Find a problem to solve | Anthony Tan and Amane Dannouni
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Apr 2, 2024 Discover how Anthony Tan, CEO of Grab, champions safety and social responsibility in business. He shares insights on addressing societal issues while ensuring profitability. The conversation dives into the unique challenges of serving low-income markets and crafting strategic mobility solutions. Emphasizing environmental responsibility, Tan discusses the shift towards sustainable practices. Ultimately, the dialogue inspires aspiring entrepreneurs to pursue purposeful ventures that not only succeed financially but also create a positive impact on society.
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Ling's Late-Night Taxi Rides
- Anthony Tan's co-founder, Ling, used to feign phone calls with her mother for safety during late-night taxi rides.
- This personal experience highlighted the safety concerns for women and children in transportation, inspiring Grab's creation.
Safety Unlocks Possibilities
- Solving safety unlocks possibilities, like enabling children to attend school and women to work without fear.
- Enhanced safety can lead to increased economic opportunities and reduce second-order effects of fear.
Expansion into Financial Services
- Grab expanded into financial services to address further needs of drivers and merchants beyond ride-hailing.
- This included creating GrabPay for safety and financial inclusion, and Grab Lending to support business expansion.