Elizabeth McKee Gore (United Nations Foundation) at Startup Grind 2014

TL;DR

Entrepreneurs redefine success by innovating for profit and social impact globally.

Transcript

welcome to the startup grind howdy i just spilled all over myself just for y'all so we're gonna do innovation on how to have this dry in the next 10 seconds um so it is awesome to be here at startup grind um my name is elizabeth gore and i have a huge huge passion for entrepreneurs um to me entrepreneurs um are all over the world whether they be in... Read More

Key Insights

• 🌐 Entrepreneurship redefines success beyond profits, emphasizing global impact and innovation.
• 🪛 Partnerships between entrepreneurs and humanitarian agencies drive scalable solutions for societal challenges.
• ❓ Principles of innovation are evolving to foster collaboration among diverse sectors for positive social outcomes.
• 📼 Entrepreneurs can utilize assets beyond financial resources to create impactful solutions.
• 🫥 The triple bottom line approach, focusing on people, planet, and profit, guides entrepreneurs towards sustainable and impactful ventures.
• 👨‍💼 Legislation like benefit corporation laws incentivize businesses to prioritize social impact alongside profitability.
• 💪 State-by-state legislation on benefit corporations highlights the need for stronger advocacy and lobbying efforts within the entrepreneurship community.

Questions & Answers

Q: How does Elizabeth Gore challenge the traditional definition of entrepreneurship?

Elizabeth Gore challenges traditional definitions by prompting individuals to redefine entrepreneurship, profits, and social impact beyond conventional boundaries. She emphasizes innovation and social impact globally while questioning the status quo in defining success.

Q: What are some examples of innovative solutions from entrepreneurs impacting humanitarian efforts?

Examples include housing innovations by Ikea, gaming for social good by Zynga, and mobile-based technologies for rapid data collection, showcasing how entrepreneurial solutions drive scale and impact in humanitarian sectors.

Q: How are principles of innovation evolving to shape collaboration between tech companies, humanitarian agencies, and governments?

Principles of innovation are evolving globally to align various sectors towards a unified approach, emphasizing end-user design and people-centric solutions. Collaboration among diverse entities is key to driving impact and scale in social and economic endeavors.

Q: How does Elizabeth Gore encourage entrepreneurs to consider the triple bottom line of people, planet, and profit in their business ventures?

Elizabeth Gore advocates for entrepreneurs to prioritize the triple bottom line, ensuring positive impacts on people, the planet, and profit. She urges entrepreneurs to align their ventures with sustainable practices and impactful partnerships for holistic success.

Summary & Key Takeaways

• Elizabeth Gore, head of innovation at the UN, challenges defining entrepreneurship, profits, and social impact.

• Global Entrepreneurs Council showcases profit-based entrepreneurs as the original definition of entrepreneurship.

• Innovative solutions from entrepreneurs and partnerships with humanitarian agencies are vital for global impact.