December 14, 2018

The State of Entrepreneurship in the Developing World

People rushing around

TL:DR;

  • Entrepreneurs in developing countries can't just be domain specialists.
This video comes from Network Capital, a global skill sharing and peer mentoring platform serving over 38,000 young leaders in 104 countries. Network Capital uses elements of data science and community-based learning to help youth build careers of meaning.
“Trust, very simply, is the glue. I keep saying in the book that the entrepreneur in the developing world can’t just create, she’s got to create the conditions to create.”

In this interview, Professor Tarun Khanna discusses his new book, Trust: Creating the Foundation for Entrepreneurship in Developing Countries. Khanna stresses that on top of specializing in a particular area, entrepreneurs working in developing countries must construct the conditions for success. How do you create these conditions? He encourages entrepreneurs to start by building a foundation of trust. Partnerships, Khanna argues, are essential for creating impact at scale in societies where partnering mechanisms are often nascent.

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Next Edition | January 7, 2019