The Blue Sweater

"They say a journey of a thousand miles begins with a single step. I took mine and fell flat on my face." Thus writes Jacqueline Novogratz in her new book, "The Blue Sweater: Bridging the Gap between Rich and Poor." The founder and CEO of Acumen Fund went to Africa in her twenties to try and save the continent, only to learn that Africans neither wanted nor needed saving. As she writes in this excerpt, she later realized that "the world needed a new kind of institution, one built on the best lessons and precepts of philanthropy but also utilizing business approaches and concepts." That’s how Acumen Fund was launched.

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Filed Under: Social Entrepreneurs