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What is the cost of not daring? What is the cost of not trying?
Jacqueline Novogratz
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Jacqueline Novogratz
Age: 63
Born: 1961
Born: March 15
Banker
Businessperson
Consultant
Entrepreneur
Financial Analyst
the United States of America
Provoking
Daring
Cost
Trying
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The time for change is now.
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Traditional charity and aid are never going to solve the problems of poverty.
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If indeed we can create systems that allow individuals to access goods and services like health and housing and energy and water, in a way that they can afford, they'll all have greater choice, greater opportunity, greater dignity.
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Being poor doesn't mean being ordinary.
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If there's one value that is immutable, it's integrity or respect, for others and for yourself.
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Freedom ultimately is dignity. And dignity, not income, is the opposite of poverty.
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I think I still have a great sense of adventure and trust, and am surprisingly idealistic given all the horrible things I've seen since I was 25. I think how I have changed is that I have a much deeper understanding of the dark forces in the world, of power.
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Every day we have a choice. We can take the easier road, the more cynical road, which is a road sometimes based on a dream of a past that never was, fear of each other, distancing and blame, or we can take the much more difficult path, the road of transformation, transcendence, compassion, and love, but also accountability and justice.
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There are cases where government-to-government aid actually has worked. Look at the eradication of smallpox and the near eradication of polio. But these are really top down solutions that require government-to-government support and aid.
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Monsters will always exist. There's one inside each of us. But an angel lives there, too. There is no more important agenda than figuring out how to slay one and nurture the other.
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Africa can stun you in an instant. It can throw floods and drought and disease at you, sometimes all at the same time. In the next moment, it will tease you with its magnificent beauty, so even if you don't forget, you can find a way to forgive. Ultimately, it keeps you coming back for more.
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My whole life has been spent with people who have taken every knock in the world. No advantages. Yet they greet you with a big smile, they give you what they have, and they keep coming back. They are the fighters.
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I think we so often equate leadership with being experts - the leader is supposed to come in and fix things. But in this interconnected world we live in now, it's almost impossible for just one person to do that.
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May each of you live lives of immersion. They won't necessarily be easy lives. But in the end, it is all that will sustain us.
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When it comes to solving problems of poverty, impact investing can act as a catalyst, but it is not a silver bullet. Successful businesses serving the poor need more than investment capital. They also need infrastructure to enable effective distribution, strong regulatory systems, access to markets, technical assistance as they scale up, and more
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Poverty is too complex to be answered with a one-size-fits-all approach, and if there is any place that illustrates that complexity, as well as a better way forward, it is Rwanda.
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