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. After the jump is a
condensed version of our discussion.
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Related: working the new economy, work, venture capital, social entrepreneurs, service, poverty, jacqueline novogratz, finance, careers, books, bono, banking, al gore, africa, acumen fund