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Turning Saris into Stainless Steel: How the Companies of the Future Can Learn from Business Models of the Past
In India in the 1970s, tens of thousands of itinerant street vendors carried stainless steel kitchenware products from door to door, bartering them for saris and other old clothes in a complex, multi-tiered supply chain. According to Prashant Yadav at Harvard Medical School, these vendors’ business model – like others from past decades – holds valuable lessons for modern enterprises working in challenging markets. He shares some of these insights – and encourages others to do likewise – in this fascinating article.
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- Entrepreneurship
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The Advantages of Boots on the Ground: Is it Really Possible to Digitize the Last Mile in Smallholder Agriculture?
Mobile connections, big data and technologies like artificial intelligence are creating new opportunities to serve smallholder farmers with financial and other services. But since many farmers still lack reliable internet and mobile connectivity, businesses serving these customers must still leverage both physical and digital tools, says Hamilton McNutt at Strategic Impact Advisors. He explores the different ways some businesses are combining digital innovations with an on-the-ground presence to solve the challenges of last-mile access.
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- Agriculture, Technology
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Power Play: Can Energy Access Entrepreneurs Survive the Relentless March of Grid Electricity in India?
Despite the dubious claims from the Modi administration that India has electrified every village in the country, the march to extend grid infrastructure continues unabated. So where does that leave energy access enterprises? Ananth Aravamudan, Renewable Energy lead at Villgro, explores how these firms can find creative new ways to stay relevant.
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- Energy, Entrepreneurship
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Boosting the Social Impact of Food Tourism: The Keys to a Collaborative Model
Héctor Gerardo Ibarra talks about social entrepreneurship a lot – sometimes to children as young as second grade. He helps them understand the concept by identifying a specific local problem and a solution involving something they already like doing. The same can be said of Ruta Origen, a social enterprise he co-founded to confront unfair payment of Mexican producers, paired with a solution that involves plenty of traveling and eating. In this post, Gerardo Ibarra details a collaborative impact model that is similarly straightforward, but by no means easy.
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- Agriculture, Entrepreneurship, Environment
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Why Do Low-income Women Entrepreneurs Fail? New Research Provides Some Answers
Everybody loves a business success story, so research on entrepreneurship tends to focus on the Facebooks and Ubers of the world. But in reality, new ventures are more likely to fail than to succeed, and there's a dearth of research on the reasons why – particularly when the entrepreneurs are women in emerging markets. The Failure Institute joined with Pro Mujer to study the failures of hundreds of small businesses run by low-income women in Mexico. Leticia Gasca of the Failure Institute explores the four main causes of failure these women faced.
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- Entrepreneurship, Impact Assessment
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Building BoP Ecosystems: Register for the 2018 BoP Global Network Summit, April 18 – 20, New Delhi, India
Ecosystem development in BoP business has evolved from a buzzword to an emerging reality, with multiple new partnerships and platforms. The 3rd BoP Global Network Summit aims to catalyze and support such partnerships, convening 200 participants from 15+ countries on April 18 – 20 in New Delhi, India. Register soon: Early bird pricing ends Feb. 28. And subscribe to NextBillion Notes for a chance to win one of two free tickets we'll be raffling off to subscribers in the coming weeks.
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- Entrepreneurship
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Closing the Gap: Identifying Key Challenges for the Missing Middle SMEs in Francophone West Africa
Many small and medium-sized enterprises in developing countries fall into the “missing middle”: They're too big for microfinance and too small or risky for traditional finance. To better understand this sector and how to support it, the Dutch Good Growth Fund (DGGF) commissioned studies on the entrepreneurial ecosystems of Benin, Cote D’Ivoire, Guinea, Mali, Senegal and Togo. WDI's Ekta Jhaveri discusses the research with Julia Kho, knowledge manager at TripleJump, an investment management and advisory services firm that manages DGGF’s Investment Funds Local SMEs effort.
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- Entrepreneurship, Investing
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The Millennial Employment Gap: Three Lessons Learned Supporting Young Entrepreneurs
Across Latin America, about 20 million young people are neither studying nor working. Helping them find economic opportunities is one of the region's top challenges - and entrepreneurship can help, since businesses with five employees or fewer generate 60 percent of the region’s jobs. TechnoServe discusses three effective approaches for supporting young entrepreneurs, learned through its Crece Tu Empresa (Build Your Business) program.
- Categories
- Entrepreneurship
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