By going from the bottom-up again, we see where successes work, and you can also see where the status quo can be the biggest obstacle or roadblock to success. The kind of entrepreneurs in whom we need to invest are the kind who are willing to fight that status quo, bureaucracy, complacency, and corruption.
Jacqueline NovogratzI was encouraged to break all the rules but to take the best of philanthropy, the best of investing, and the best of development finance, and experiment with new ways to create this venture capital model of using philanthropy to back patient capital investments, and then build solutions that were measured in terms of the kind of impact and change they were making on people's lives and in the world, not just on the financial return.
Jacqueline NovogratzDon't let people tell you to do it this way. You are on the verge of figuring out hybrid models -- with companies and nonprofits, markets, government, crowd-sourced philanthropy. The capitalist system as we know it is not working.
Jacqueline NovogratzWe need leaders, we ourselves need to lead from a place that has the audacity to believe that we ourselves can extend the fundamental assumption that all men are created equal to every, man woman and child on this planet. And we need the humility to recognize that we cannot do it alone.
Jacqueline Novogratz