Manage Your Life

Sunday, December 6, 2009

Seeking happiness in tough times? Help someone: 5 questions for Jacqueline Novogratz

I’m in the middle of reading The Blue Sweater: Bridging the Gap between Rich and Poor in an Interconnected World, a memoir by Jacqueline Novogratz. The book traces her journey from her time as a young banker in Africa to her current role as the founder of the Acumen Fund, a new kind of venture fund that invests in market-oriented approaches to solving problems like access to health, water, housing and energy, around the world.
 
As I thought about her life, I started wondering what is it that makes people like Novogratz able to do what the rest of us merely wish we had the ability to do -- make real contact with people in need and actually do something to move them out of poverty. I was especially curious about what Novogratz would say to people living in the developed world who are so worried about their own diminished financial well-being that they find it hard to imagine how they could meaningfully affect the lives of less fortunate people in Africa or Pakistan.
 
So I had a meeting and a series of email conversations with her to get some answers, and some inspiration. Below is a condensed version of our discussion.
 
It seems there is a new cachet around working in the poorest corners of the world. Bono, Angelina Jolie, and Oprah have made helping the poor feel like the latest trend. Meanwhile businesspeople, economists and activists like Jeffrey Sachs and you have gained almost-celebrity-like status for your work. What do you make of all that?
 

Our interconnected world enables us to see one another across the globe.  Wealthy elites travel the world and are increasingly aware of the plight of the poor. The big question is whether the most privileged are seeking to help people in the most responsible ways. I’m among those who believe we can end poverty, but we need to approach it by seeing poor individuals as capable of changing their own lives. What is needed is not handouts but removing the challenges and barriers that deny choice and freedom from the poorest of us.  We have the imagination, the skill and the resources to do this – now all we need is to muster our collective will.
 
What do you say to those who say they will focus on the world’s problems once they can take care of themselves and their families?
 
Everyone has the opportunity to contribute -- whether it is in their church, synagogue or their children’s school. Life has greater meaning if you commit to something bigger than yourself. It is that simple, really. Too many people live provisionally, promising themselves they will do good for the world once they save enough money, for example. In truth, people will discover much greater and sustained joy if they do what they love and believe in today.  Happiness studies show increasingly that service is the one variable that actually influences how happy a person is.
 
You’ve been traveling the world, working on these issues for nearly a quarter century, and you probably didn’t have a lot of responsibilities -- like children or a mortgage -- when you began. Do you think it’s possible to make real change in the world while also trying to keep one's own family afloat?  
 
When I went to Africa for the first time at 25, I had no health insurance, a few hundred dollars in the bank, and significant school debt. As one of seven children in a military family, we were all raised to know we’d have to find a way to take care of ourselves – for me, that included paying my way through college. Neither of my parents came from privilege -- my dad was a child of immigrants, my mom was raised by a single mother -- but we were always told how lucky we were.  They passed down to us a belief that no matter how little or much you had, it was your responsibility to give to others.  What I discovered in my life was how the people with the most sparkle are those who think less about themselves and more about the people around them.  
 
As for having children, I’m not sure I could have lived the way I did while raising a family – there were times I was traveling three-quarters of the time.  I’m lucky to be surrounded in NYC by my six siblings, their spouses and fifteen nieces and nephews. But that was my path – there are many ways to craft a life of making significant contributions.
 
Your firm recently advertised the availability of 10 internships and received 700 applications, leading you to believe that lots of talented people displaced by the global financial crisis are eager to move from traditional positions in business and finance into this growing field of social enterprise. You and others have been exploring how to take advantage of this swelling of interest and create pathways for people who want to move into this sector. What are some of the most promising ideas?
 
I personally believe we need a new Global Peace Corps for the 21st century, comprised of people from around the globe who bring the skills of management, finance, operations to organizations serving the poor.  There is enormous interest from recent graduates and MBAs and also there is a groundswell of interest among second and third-career types, people who’ve been very successful in the private sector and are looking for ways to contribute that take advantage of those skills.  We tap into this pool in small ways through the Acumen Fund Fellows and our summer intern program; and this year are experimenting in a small way with a few Senior Fellows. But the world needs a bigger, more systemic solution. I’m hoping President Obama’s Corporation for National Service will include programs like this that are global, management focused, and include people who are over 40 as well as the younger ones!
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From the Community…

Comments 1-4 of 4
  • mel's Avatar
    Posted by mel Tue May 12, 2009 5:11pm PDT

    well i would like a job. but i am an unskilled american with no dependants. therefor i do not qualyfy for any government help. and since i was unable to finish school and get a good job, my student loan went into default and now my credit is shot to crap, so i can't even go back to school. assuming i am even able to find a minimum wage paying job, i will be working until i die and will never be able to get ahaead or leave anything to my kids who live with their father because i can't even afford to house and cloth and feed them. god bless america.

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  • Aj's Avatar
    Posted by Aj Wed May 13, 2009 6:38am PDT

    This is a great post thanks for informing us! I hope that I can help end poverty some kind of way.. I just feel right now I need to help my family and myself get out of debt first and then give back.

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  • Sizzol Poppa's Avatar
    Posted by Sizzol Poppa Wed May 13, 2009 7:48pm PDT

    Thanks alot for the article about jacquelin. I would like to believe

    alot of us still has a golden heart like jacquelin. I would like to commend her in having so much qorage in a me first society. I have been a successful business man for ten years. If there is anything I can

    contribute with my time or years of experience please feel free to email me. I have a non-profit organization called silence the violence.

    We are based out of Los-Angeles.

    I am Sizzol Poppa

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  • attempted customer's Avatar
    Posted by attempted customer Wed May 13, 2009 7:53pm PDT

    This is encouraging to read. I am over 40 (by just a little) and have worked as an executive producer in a for-profit business, but have also taught middle school and currently work as a program director for a non-profit that supports safe drinking water projects around the world. With the trend of saving the world = cool, there are so many non-profits and causes that it can be hard for people to decide how to give the little they have.

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