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Managing the Managers: Nine Tips to Help Social Enterprises Build Outstanding Management Teams
Startups can fail for many reasons, but research shows that having the wrong team is a leading cause of failure. And while finding talented managers is a critical challenge for entrepreneurs everywhere, it is especially difficult in emerging markets. Mark Horoszowski, the co-founder and CEO at MovingWorlds.org, shares nine essential lessons to help social enterprises build effective management teams that will take their great ideas to scale.
- Categories
- Social Enterprise
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What’s Really Driving Africa’s ‘Investment Frenzy’?: An Entrepreneur Responds to Investor Concerns
In her much-discussed NextBillion article about avoiding “the Africa investment frenzy,” impact investor Lauren Cochran urged entrepreneurs to forego the “growth-at-all-costs” approach to scaling and “the ego-boost of big rounds and press releases.” But Zoona co-founder Mike Quinn argues that her advice ignores a reality that many investors don’t recognize. Quinn pushes back on Cochran's argument from an entrepreneur's perspective in this compelling counterpoint.
- Categories
- Finance, Investing, Social Enterprise
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Unite Behind the Science: When it Comes to Cooking, it’s Time for ‘Clean’ to Mean Something
Nearly 3 billion people still live in homes where someone burns sticks, charcoal or dung to cook, devastating their health, their local environments and the climate. Yet thousands of projects have failed to deliver truly clean cooking to the masses, doing a disservice to customers and damaging the sector's credibility with funders. Eric Reynolds, CEO of the cookstove company Inyenyeri, argues that there's only one way to turn this around: "deliver dramatically improved outcomes, and be able to prove it." He outlines a straightforward way the industry can make that happen.
- Categories
- Energy, Environment, Health Care, Social Enterprise
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It’s That Time Again – Here’s Your Official SOCAP19 Conference Preview
October is in full swing, and that means it’s time for SOCAP – the 12th annual gathering of investors, entrepreneurs and others helping to drive mission-focused business. It all happens next week, when SOCAP19 will host over 500 speakers and hold more than 150 breakout sessions at the Fort Mason Center for Arts & Culture in San Francisco. Team NextBillion will be there too - here's what to expect.
- Categories
- Investing, Social Enterprise
- Tags
- impact investing
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In Remembrance of Pro-Poor Business Pioneer Paul Polak: 1933-2019
Paul Polak, a pioneer of pro-poor technologies and social impact-focused business, passed away peacefully over the weekend, surrounded by his family. A true "serial entrepreneur" since long before that term became popular, Polak founded numerous organizations and businesses aimed at alleviating poverty – and he served as a source of wisdom, inspiration and humor for the social business sector for decades. He will be greatly missed.
- Categories
- Social Enterprise
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What Rural Solar Energy Enterprises Can Learn from Mobisol’s Hard-Earned Lesson
Energy access pioneer Mobisol’s insolvency, announced last spring, sparked questions about the industry’s health. But according to Rob Goodier, managing editor at Engineering for Change, subsequent analyses suggest that many of the company's problems were internal, not a reflection of the industry as a whole. He explores what the rural energy sector can learn from Mobisol’s struggles, based on interviews with industry insiders and two people close to the company.
- Categories
- Energy, Social Enterprise
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The Sales Mistakes That Are Holding Back Africa’s Solar Enterprises – And How to Fix Them
Selling solar energy products is challenging, so you'd expect solar enterprises to focus on making their sales departments as effective as possible. But in fact, as Whitten & Roy Partnership CEO Scott Roy points out, most solar companies are underemphasizing sales, harming not only their businesses but the broader industry's growth. He shares essential tips for how they can create truly effective sales teams.
- Categories
- Energy, Social Enterprise
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Understanding the Other Side of the Table: Closing the Gap between Social Entrepreneurs and Impact Investors
In over a decade working in social impact, Ayla Schlosser, the former CEO of Resonate, increasingly realized that she had a lopsided view of funders. In fact, she says, both entrepreneurs and investors tend to sit on one side of the table or the other, which can lead to mutual blind spots and inefficiencies. She shares insights from a Miller Center research project, in which she interviewed 42 investors, entrepreneurs and others to identify best practices and help bridge this information gap.
- Categories
- Investing, Social Enterprise
- Tags
- impact investing, startups
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