The Rich Roll Podcast

Jacqueline Novogratz On Cultivating Moral Imagination, Practicing Courage & Pursuing Work With No End

5 snips
Jan 24, 2022
Jacqueline Novogratz, Founder and CEO of Acumen, shares her remarkable journey from Wall Street to pioneering impact investing aimed at alleviating poverty. She emphasizes the power of moral imagination and patient capital in fostering lasting change. The discussion highlights the importance of investing in entrepreneurs, the need for accountability in philanthropy, and how humility can drive impactful leadership. Novogratz advocates for solutions that empower rather than create dependency, calling for a collaborative approach to tackling global challenges.
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ANECDOTE

COP26 Experience

  • Jacqueline Novogratz attended COP26 and found it grueling but also exhilarating and frustrating.
  • She aimed to include the poor in climate conversations and secure funding for Acumen's work on electrifying Africa.
INSIGHT

Shifting Investment Focus

  • While more people recognize that unbridled capitalism is flawed, changing systems with appropriate capital remains challenging.
  • It's now easier to demonstrate the need for problem-focused investments rather than traditional models.
INSIGHT

Transcending Binary Thinking

  • Jacqueline Novogratz emphasizes transcending binary thinking (e.g., capitalism vs. socialism) to solve global issues.
  • A systems approach, involving on-the-ground immersion, is crucial for understanding and addressing complex problems.
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