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Why CEOs have Liberal Arts Degrees

Mills Scofield

My uncle pushes engineering. A career advisor once told me that those who pursue liberal arts majors and enter finance, consulting or technology are not the exceptions. She is now the core programming director for the Brown Entrepreneurship Program and Head of Design for The Intercollegiate Finance Journal. They are the norm.

CEO 70
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Why CEOs have Liberal Arts Degrees

Mills Scofield

My uncle pushes engineering. A career advisor once told me that those who pursue liberal arts majors and enter finance, consulting or technology are not the exceptions. She is now the core programming director for the Brown Entrepreneurship Program and Head of Design for The Intercollegiate Finance Journal. They are the norm.

CEO 70
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Under Fire, Microfinance Faces Falling Out of Favor

Harvard Business Review

Microfinance has come under fire in the past 18 months, triggered in part by SKS Microfinance's IPO. Critics complain that the institutions supporting microfinance have become too greedy, and many are using this as an argument to deeply regulate or, even more, cut support to microfinance operations. I hope not.

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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. The White House has called this gap between the demand and supply of finance for small and medium enterprises a "market failure.[and]

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Funders Can Give More than Money

Harvard Business Review

Six years ago, David and Donna Allman approached Opportunity with an idea that fell outside our traditional microfinance model: to build a Community Economic Development (CED) program in Nicaragua. An engineer, he says, because engineers help other people solve problems. And what does President Roger want to be when he grows up?

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How One Startup Developed a Sales Model That Works in Emerging Markets

Harvard Business Review

Much like our team of engineers who are constantly testing for the best functionality of our products, our team for emerging markets set up a series of experiments to explore which distribution model functioned best in these remote environments. Experiment #5: Microfinance Institutions. I am the cofounder and CEO of BioLite.