The Role of Entrepreneurship in Reducing Poverty

Why do some people have so much, while so many more have so little? That's a question many have been attempting to answer for generations.
As a pragmatist, I've always believed that many of the world's problems require a healthy dose of hope, fresh solutions to challenging problems, and a concrete path toward a better future. This is especially true when you consider one of the most profound issues facing us today -- the effects of a growing underclass in much of the world.
Poverty affects all of us. Name any global issue -- climate change due to pollution, deforestation, the drug trade, illegal immigration, terrorism, AIDS -- all of them have roots in the growing economic challenges of the developing world. The more disparity there is between the well-off minority of the world and the needy majority, the more we gamble with the future well-being of our society at large.
I have traveled enough to know that even in a time of growing prosperity for the developed world, much of the world is being left behind. The gap between the "haves" and the "have-nots" is widening. Experts estimate that 20% of the world's population controls 80% of the world's wealth. One in five people on the planet make do on less than a dollar a day.
For years, I've tried to understand why this is so. I've read books, attended lectures and traveled to poor countries. The problem of global poverty is too complex for any simple interpretation. Yet, I believe that teaching entrepreneurship and small business marketing skills to people in the developing world can alleviate many of the world's problems. This is because entrepreneurship empowers people to help themselves, not just today, but for a lifetime.
GIVE embraces a model of “social entrepreneurship” that provides opportunities to support long-term, self-perpetuating solutions to global poverty.
Our overarching mission is to produce job creators, rather than job seekers, through entrepreneurial education and development projects, forging complementary relationships between the for-profit and nonprofit sectors, and linking proven models and resources toward the alleviation of global poverty.
I believe that to tackle the issue of global poverty, an epic outreach from those in the developed world to those less fortunate is part of the answer. I'm not talking about a handout or charity. Rather, I'm suggesting that one of the best ways out of the growing problem of wealth disparity is is to teach those with very little how to build their own income streams, develop an entrepreneurial mindset, and essentially become masters of their own destiny.



Sincerely,
GIVE Director: Steven Van Yoder


 
 

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