Muhammad Yunus Quotes About Social Business
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A charity dollar has only one life; a Social Business dollar can be invested over and over again.
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I’m encouraging young people to become social business entrepreneurs and contribute to the world, rather than just making money. Making money is no fun. Contributing to and changing the world is a lot more fun.
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What we are trying to do is to create a social business in Bangladesh, a joint venture to create restaurants for common people. Good, healthy food at affordable prices so that people don't have to opt for food that is unhealthy and unhygienic.
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Engaging in social business is beneficial to a company because it leverages on business competencies to address social issues, involves one-time investment with sustainable results, and produces other positive effects such as employee motivation and improved organizational culture.
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What we need is to think strategically about development, analyzing a country's potential role in its region and the world in search of opportunities for growth. Platforms like the Global Social Business Summit can facilitate the process on bringing about change.
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Making money is no fun. Contributing to and changing the world is a lot more fun.
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I am proposing to create another kind of business, based on "selflessness" that is in all of us. I am calling it social business.
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I think, social business is the most logical thing to do. If we had done that, we could reduce all the problems we have.
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