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Guest Post: An Entrepreneur's Thoughts on Market Incentives & Foreign Aid

Mills Scofield

Among this group has been a founder of a wildlife foundation, a married Wall Street duo, a management consultant, his digital artist wife, and an urban planner. I think that microfinance is one of those rare game changing social initiatives that manages to use market forces to drive social change.

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Why CEOs have Liberal Arts Degrees

Mills Scofield

A career advisor once told me that those who pursue liberal arts majors and enter finance, consulting or technology are not the exceptions. She's spending the summer in Dhaka doing microfinance. Even though they don’t directly align with my career aspirations, they will not take me out of the game. They are the norm.

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Global Entrepreneurs Need New Funding Models

Harvard Business Review

In low-income countries, according to World Bank data in a recent paper by the consultancy Dalberg, 43% of businesses with between 20 and 99 employees say that access to finance is a major constraint. Some microfinance organizations are also moving out of the purely micro and toward larger lending. But times have changed.

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The Innovation Mindset in Action: Shantha Ragunathan

Harvard Business Review

Sasikala, a Block Development Officer (BDO), talked to the Kodapattinam villagers about microfinance , only Shantha, of all the villagers, saw the opportunity and took action. Undeterred, Shantha persisted until she persuaded the required number of people to sign up for the microfinance project. I knew I wanted to succeed.

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President Obama Can Make Start-Up America Succeed

Harvard Business Review

Microfinance (Bangladesh), securitization of revenues (Saudi Arabia), and royalty-pay-back funding (Israel) were all invented overseas. Daniel Isenberg is Professor of Management Practice, Babson Global, and founding executive director of the Babson Entrepreneurship Ecosystem Project.

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How to Make Room in Your Work Life for the Rest of Your Self

Harvard Business Review

The greedy nature of our work (asking us to wear more hats, to do more, to be always on ), combined with the demands of our personal lives and social pressure to be and focus on just one thing, means we need to learn how to manage our portfolio of different identities and the expectations that come with them. Change how you relate to others.

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