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Nena Sanderson: Business Model Replication: A New Way to Accelerate Social Impact

Entrepreneurship#Finance & Investment#Global Business#Leadership & Management#Operations#Organizations#alumni#developing nations#economy
10K views|11 years ago
💫 Short Summary

The video discusses the challenges faced by entrepreneurs in scaling their businesses internationally, emphasizing the importance of focusing on local communities first. It also highlights the need for accessible products and services in developing countries, with a focus on initiatives providing clean water, smokeless cook stoves, and affordable electricity. The speaker aims to address the issue of scaling by building a replicator organization to take successful business models to new markets, targeting individuals living on less than $4 a day and entrepreneurs seeking global impact.

✨ Highlights
📊 Transcript
Importance of accessible products and services in improving living conditions.
02:16
Initiatives providing clean water, smokeless cook stoves, and affordable electricity in developing countries.
Frustration that businesses are not reaching communities like the one in Rwanda.
Impact of products on individuals like Tati, who sacrifices her health for her family's well-being.
Challenges faced by entrepreneurs in scaling their businesses internationally.
05:42
Importance of focus, perspective, and expertise for entrepreneurs.
Need for entrepreneurs to prioritize local community before global expansion.
Difficulties in finding the right partners and talent for international growth.
Limitations of relying solely on capital for solving social enterprise challenges.
Creating a replicator organization to help social enterprises scale geographically.
08:23
The replicator organization will focus on taking successful business models to new markets in developing countries.
The organization will identify social enterprises with high scaling potential, adapt their business models, and find talented managers.
The ultimate goal is to create a blueprint for businesses to keep growing across continents.
The initiative targets individuals living on less than $4 a day and entrepreneurs looking to make a global impact.