Accounts Quote by Muhammad Yunus
“Business is about problem-solving, but it does not always have to be about maximizing profit. When I went into business, my interest was to figure out how to solve problems I see in front of me. That's why I looked at the poverty issue. I got involved in lots of things to address it, and one of them was money lending with loans and credits and savings accounts, and in the process I created Grameen Bank. So you can also have social objectives. Ask yourself these questions: Who are you? What kind of world do you want?”
About This Quote
Source Speech: Nobel Peace Prize Lecture, 2006
Business can pursue social goals, not just profit, by addressing real problems like poverty through innovative services.
In simple terms: Business can help society, not just make money.
Align profit with purpose.
Themes
Mood
Type
When to use this quote
- starting a social enterprise
- community development
- policy advocacy
Key Concepts
Questions to Reflect On
- What social issue drives you?
- How can you measure impact?
Balancing profit and impact can be financially challenging.