He has received numerous accolades including being named one of Scientific American's Top 50 in 2003, Ernst & Young’s “Entrepreneur of the Year” award in the social responsibility category in 2004, and a grant from the Bill & Melinda Gates foundation in 2006.
He is the author of Out of Poverty in which he shares his practical guide to problem solving.
Here are his 12 steps for practical problem solving which he describes in an 8 minute video here.
12 steps:
1. Go to where the action is
2. Talk to the people and listen
3. Know the specific context
4. Think and act big
5. Think like a child
6. see and do the obvious
7. If somebody already invented it, you don't have to
8. Measurable impacts that can be brought to scale
9. Design to specific price targets
10. Practical 3 year work plans
11. Continue to learn from your customers
12. Don't be distracted by what people say
If donating, pick organizations that have measurable impacts.
Here are some practical tips from his website:
Practical Things You Can Do:
ONE: If you like what you’ve read in Out of Poverty, get ten other people to read it and encourage them to act on what they learn from it.
TWO: Stop pitying poor people.
THREE: Learn as much as you can about poor people in your neighborhood, their specific problems, and the specific context in which they
live and work.
FOUR: Become informed about the realities of global poverty and what can be done about it.
FIVE: Invest in viable businesses serving poor customers.
SIX: Contribute time and money to organizations that demonstrate specific scalable impacts, and make them accountable for whatever time or money you provide.
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