Invest Like the Best with Patrick O'Shaughnessy Jacqueline Novogratz – Investing in Dignity and Character - [Invest Like the Best, EP.195]
Oct 13, 2020
Jacqueline Novogratz, Founder and CEO of Acumen, shares her inspiring journey from Wall Street to launching a microfinance bank in Rwanda. She discusses the importance of investing in character and how dignity shapes her investment strategies. The conversation delves into the power of moral imagination and empathy in addressing poverty. Jacqueline highlights examples of entrepreneurs in marginalized communities and advocates for collaboration between businesses and governments to tackle pressing global issues. A thoughtful exploration of redefining success through generosity and community empowerment.
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The Blue Sweater
- Jacqueline Novogratz recounts a humbling childhood experience involving a blue sweater.
- Years later, she saw a Rwandan boy wearing the same sweater, highlighting global interconnectedness.
Humiliating Experiences
- Humiliating experiences during adolescence shape our sense of belonging and identity.
- These moments, though uncomfortable, are crucial for personal growth.
Acumen's Origin
- Jacqueline Novogratz's experience with microfinance in Rwanda revealed the limitations of traditional aid.
- This led her to found Acumen, a nonprofit venture fund using entrepreneurial approaches to address poverty.
