POPULARITY
Jacqueline Novogratz is founder and CEO of Acumen, a not-for-profit organization dedicated to changing the way the world tackles poverty. Under Jacqueline's leadership, Acumen has invested over $132 million to build 136 social enterprises across Africa, Latin America, South Asia, and the US. Her most recent book, Manifesto for a Moral Revolution: Practices to Build a Better World, highlights 12 leadership practices for those eager to change the world for the better. She is Marcel Schwantes' guest this week on Love In Action. Marcel asks Jacqueline to share her story. “When I was about 10 years old my uncle Ed gave me a blue sweater that had a zebra in the front and mountains across the chest… I wore this sweater which I cherished all the time… my high school nemesis made a very lewd and inappropriate comment about my sweater, and I ran home, yelled at mom, and we ceremoniously dumped it in Goodwill. Fast forward 10 years, I've left a career on Wall Street… I'm jogging through the hills of Kigali when I see this little boy about 10 feet in front of me wearing my sweater… I have held that story as my story of understanding how interconnected our world is, and how our action and our inaction can impact people every day all around the world,” she says. [5:28] Too often, markets overlook, underestimate, and sometimes exploit the poor. “I thought if you could give people access to markets, it was enough,” Jacqueline admits, “but if people don't have the capability to interact with those markets, it's not enough.” However, too much aid from the top down creates dependencies. [8:35] Marcel asks Jacqueline to talk about co-founding a microfinance institution in Rwanda. “When I first moved to Africa, I had this idea that I was going to save… a little corner of the world. I was firmly and flatly rejected, and got a quick lesson in humility: most people do not want saving, particularly by people that don't fully understand who they are,” she claims. Two women from Rwanda approached her when she was working in Kenya and asked for her assistance in doing a feasibility study, as a law had just passed that gave women the right to open a bank account without their husband's signature. With that clarity of vision, she went on to build the first financial institution in Rwanda for women. [11:54] According to Jacqueline, one of her proudest investments was in the founders of the company currently known as d.light design, Inc - Sam Goldman and Ned Tozun. They had a solar lamp they wanted to sell to low-income people as an alternative to kerosene. Now, they have brought affordable light and electricity to over 100 million low-income people, and helped spawn an off-grid solar energy revolution. [16:11] Jacqueline defines the term ‘moral imagination.' “Too many people use the lens of only their own imagination, even when solving problems for people whose lives are completely different from their own,” she explains. [22:55] “We need to recreate mindsets,” Marcel comments. “In the US, we live in such a self-centered, self-focused society, we may not even know how to extend that kind of love outwardly, to see the world beyond your own immediate needs.” [25:25] The exciting conversation at this moment in history, Jacqueline remarks, is about how we will use our tools, skills, and moral imagination to solve the biggest problems of our time. These problems cannot be solved by the nonprofit sector alone, nor corporate, nor government. “It will take all of us.” [32:57] Empathy alone reinforces the status quo, but cynicism is its best friend. The past two years have been difficult, and people are fatigued, but we can't allow ourselves to feel defeated. “If we can dare to look for beauty and not just focus on how hard everything is, we may find that things feel just a little bit easier,” Jacqueline advises. [36:47] Resources Jacqueline Novogratz on LinkedIn | Twitter Acumen.org Manifesto for a Moral Revolution: Practices to Build a Better World
800 million people around the world live without power. Why? And will COVID-19 make fixing it harder? The Energy Podcast investigates. Presented by Bryony MacKenzie. Featuring Benjamin Lensiku, livestock herder, Kenya; Saswat Souray Panda, Convenor, India; Ned Tozun, d.Light; Kat Harrison, 60 Decibels; Ignacio de Calonje, International Finance Corporation, Marc van Gerven, Shell. Additional music by Oscar Kemboi. See omnystudio.com/listener for privacy information.
One of the issues that may come up with doing work in areas without abundant electricity is the lack of light or having enough energy to make sure important electronics are running. Ned Tozun's co-founder had an experience while working in a third world country, where a young person was burned by the kerosene oil from a lamp. Through technology and innovation, Mr. Tozun co-founded d.light - a solar-based company that helps provide solar-powered solutions for the two billion people worldwide. Join In The Know as we learn more about how this company was founded and where it is going in the future. Support the show (https://www.gofundme.com/manage/stem-communications-fund)
Ned Tozun is the cofounder of D.light which is looking to serve the 2.3 billion people that doesn‘t have access to reliable electricity. The company has raised over $100 million from investors such as Omydiar Network, DFJ, or Garage Technology Ventures. The social enterprise has 1,000 employees and 3,000-5,000 commissioned agents, is generating about $100 million of revenue a year, and experiencing 40-50% growth annually.
Ned Tozun is the cofounder of D.light which is looking to serve the 2.3 billion people that doesn‘t have access to reliable electricity. The company has raised over $100 million from investors such as Omydiar Network, DFJ, or Garage Technology Ventures. The social enterprise has 1,000 employees and 3,000-5,000 commissioned agents, is generating about $100 million of revenue a year, and experiencing 40-50% growth annually.
Entrepreneurs have the highest rate of infidelity. In this episode, we meet Dorcas Cheng-Tozun, author of “Start, Love, Repeat: How to Stay in Love with Your Entrepreneur in a Crazy Start-up World.” We learn from Dorcas, a writer for Inc.com, who believes that just because you are married to an entrepreneur, it does not mean you should be a single parent. Dorcas reminds us that boundaries for every couple look different, but when one person in the couple is suffering, there needs to be a change. Ned Tozun, husband to Dorcas, started d.light, a leader in solar power for off-grid families. Welcome to the Love or Work Podcast, hosted by Andre Shinabarger (Physician Assistant, Grady Hospital) and Jeff Shinabarger (Social Entrepreneur and Founder of Plywood People). They are asking the question: Is it possible to change the world, stay in love and raise a healthy family? 100 interviews where Jeff and Andre learn from other working families in the journey of marriage, purpose and parenting. Website: www.loveorwork.com Instagram: www.instagram.com/loveorwork Learn more from Dorcas: https://www.chengtozun.com/ Love or Work is a project of Plywood People. Plywood is a non-profit in Atlanta leading a community of start-ups doing good. www.plywoodpeople.com
This interview is part of issue #9 of Change Creator Magazine. Get the full story plus much more by downloading the magazine on iTunes or Google Play. With a market potential in the billions, Ned Tozun and Sam Goldman knew that they could make a safer, more affordable lighting solution for the billions of people without electricity. We talked to Tozun about the beginnings of d.light, how he got his idea to market, and the importance of building a trustworthy brand. In this interview with Tozun, we explore how they started and what makes them tick.
Ned is the cofounder of d.light, a for-profit social enterprise that designs, manufactures and distributes solar lights and power products to the developing world; the company provides high quality light and cost savings to households, farms and small businesses. d.light has developed a wide range of solar lighting products at different prices, from desk lights...