General

A humbling second chance for SKS

May 14, 2012
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News broke early Friday morning that SKS Microfinance would be shuttering 78 branches and letting go of 1,200 employees in the battered Andhra Pradesh region. After weathering the storm through 2011 and into 2012, SKS believes it is on the upswing and the markets are tending to agree, with SKS’s stock value up by 20% at one point in the last 9 months.

This timely piece of news comes shortly after the government moved one step closer to signing a bill centralizing the authority of microfinance regulation. The passage of the Micro Finance Institutions (Development and Regulation) Bill would have provided SKS the upper hand in situations like the state government crackdown in late 2010. Read more »

Sunday Morning Coffee: Matchups

May 13, 2012
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In sports, people often talk about the importance of matchups.  Size matchups, skill matchups, grit matchups.

In fact, any given sports team has a variety of strengths and weaknesses that together form the quality of the team.  Even though wins and losses are tracked to rank order teams, the fact of the matter is that the ‘best’ team is really just the team who matches up well against other teams more often than most.

The ‘best’ team can still easily lose to the worst performing team if the matchup works against them, which speaks to the power of matchups.

Oddly enough, the concept is rarely used outside the context of sports, even though it applies quite well to all relationships. Read more »

Build Off Your Weaknesses

May 10, 2012
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Life is easier when you play to your strengths, but it isn’t necessarily better.

If you watch kids, most of them will get bored and lose interest if something is too challenging.  Pets do the same.   While it may be easy to tell a child ‘don’t give up!’ or ‘try again’, it’s not so simple when it comes to adults.

Are you the type of person who loses interest when the challenge grows, or does the uphill battle energize you?

The secret to developing everlasting motivation is the experience of joy that you feel when you overcome a challenge.   Unfortunately, we’ve learned with time that we are less likely to experience that joy in the areas where we are weak.

At first, developing your strengths is a good thing, but in the end life is about balance. Read more »

Always Be Learning

May 7, 2012
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“Always Be Closing”
- Glengarry Glen Ross

In the iconic movie, Glengarry Glen Ross, Alec Baldwin famously preaches this line which has become the inspiration for many businessfolk. It speaks more about the mental state you must be in as a salesperson than anything. Of course you know you want to close the deal, but you must be leveraging that thinking in your actions and conversations. It’s more than knowing – its acting on it. Read more »

A Social Entrepreneurs Guide to Camouflage

April 27, 2012
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On Wednesday, Chris posted a new cover photo on our facebook page; it was a picture of a beautiful parrot blending in with a green tree.  It was a perfect example of camouflage: the bird had evolved to look exactly like a tree.

The very nature of social entrepreneurship involves camouflage.  Social entrepreneurs really aren’t the same as regular entrepreneurs, nor are they the same as non-profit organizations.

Yet, it is important to blend in at times, and stand out like a colorful flying parrot at other times.

For-profit social entrepreneurs, here is a quick guide on when to blend in with the rest of the entrepreneurship world and when to stick out like a sore thumb: Read more »

Don’t just blend in

April 23, 2012
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On a daily basis, is your goal to stand out from the crowd, or blend right into the wallpaper and avoid any attention?

Often times we may find ourselves at this juncture and more often than not we tend to side with the choices that don’t rock the boat or draw attention. It can mean something as small as not speaking your opinion in a meeting or can have much larger implications by deciding not to share an idea with the team.

Our decision (subconscious or not) signals a lack of confidence – either in the idea itself or in our ability to explain or defend it. We quietly shoot the idea down in our head and never give it the opportunity to see the light of day. This rationalization is selfish and detrimental not just to our development, but to the mission that we aim to support. Read more »

Sunday Morning Coffee: Persistence

April 22, 2012
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“Energy and persistance conquer all things”

~Benjamin Franklin

 It’s hard to ignore this quote when it comes from someone who was not just a founding father of our nation, but also one of the most well known figures in history.

Benjamin Franklin was a true variety junkie: he was an author, an inventor, a printer, a politician and more.

Franklin is most well known for discovering the conservation of electrical charge. Ironically, this quote could be about hard work or it could be about the importance of his discovery.

One way or another, Franklin’s resume suggests that he loved to try new things, and that he excelled at most of them.  Though I’m sure Ben was an exceptional, one of a kind person; keep in mind that you are too. Read more »

Little Successes

April 19, 2012
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Every entrepreneur hits a point at least once when they suddenly feel that whatever it is they are making won’t make much of a difference at first.  The fact of the matter is that for a huge impact to be realized, scale is required and even then, the impact will rarely solve all related problems.  This is a sobering thought for all of us.

Yet, a few things are often forgotten: first, that your company’s example will inspire others/fuel new innovation and second, that everything builds on each other (including impact).

It takes way more than one person and one skill set to build a skyscraper, but the end result speaks to the power of collaboration.

David Brooks wrote a recent piece in the NY Times that criticized social entrepreneurs for having “little faith in the political process”.  While he is right to suggest that politics warrant attention, we should not discourage those that are building pieces of the skyscrapers. Read more »

Volunteers – The Unmeasured Asset

April 16, 2012
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Most of us have volunteered at some time in our lives. Whether it is building a house via Habitat For Humanity, helping to babysit or lending your time at a soup kitchen – many make the effort to lend their time to a cause that they support.

For startups, especially social enterprise startups, volunteering can mean the world of difference. Entrepreneurs are quickly and often taught that it’s not what you know but who you know. On top of putting on different positional hats every day, entrepreneurs are consistently faced with the trade off of taking the time to research and learn a new skill or to put their effort towards what they already know.

Volunteers, too, tend to wear many hats along the way – but the most important asset they bring to the table is their energy. Rarely do you see volunteers who acting under duress. Volunteers act because they’re passionate. Read more »

The Majestic and the Mundane

April 12, 2012
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Yesterday, Chris posted a new cover photo on our Facebook Page, describing the dichotomy of the Taj Mahal with the town of Agra; while both are beautiful, the Taj’s beauty come from majesty and grandueur, while the town’s beauty comes  from a patchwork of color.

Chris pointed out that while looking at the Taj Mahal, you might miss the beauty that is all around you just because it is the type of beauty that is much more mundane and commonplace.

Due to desensitization and over-exposure, often in life we overlook that which we see every day and only notice that which is unique, grand and different.

Sadly, this is what is happening in the world of international development as well.

We are desensitized to the needs of the poor, immune to their cries for help and in some ways only willing to give attention when a grand majestic plea is put together. Read more »

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