Skip to content

Business Quote by Muhammad Yunus

“I profoundly believer, as Grammen's experience over twenty years has shown, that personal gains is not the only possible fuel for free enterprise. Social goals can replace greed as a powerful motivational force. Social-consciousness-driven enterprises can be formidable competitors for the…” quote by Muhammad Yunus
Download Open image
““I profoundly believer, as Grammen's experience over twenty years has shown, that personal gains is not the only possible fuel for free enterprise. Social goals can replace greed as a powerful motivational force. Social-consciousness-driven enterprises can be formidable competitors for the greed-based enterprises. I believe that if we play our cards right, social-consciousness-driven enterprises can do very well in the marketplace.””

Muhammad Yunus

About This Quote

Source Speech: Nobel Lecture, Muhammad Yunus, 2006

Social purpose can be as strong a driver as profit, enabling businesses to thrive while addressing societal needs.

In simple terms: Social goals can motivate businesses like profit.

Key Takeaway

Align business strategy with social impact.

Themes

social entrepreneurship purpose motivation competition marketplace

Mood

inspirational optimistic determined

Type

philosophical motivational

When to use this quote

  • startup funding
  • corporate strategy
  • social venture planning
  • market positioning

Key Concepts

social impact sustainable business ethical competition

Questions to Reflect On

  • How can social enterprises balance profit and purpose?
  • What incentives encourage profit‑driven firms to adopt social goals?
A Different Perspective

Profit motives still dominate many markets, limiting social enterprise growth.

3.4 out of 5 (3 ratings)

More by Muhammad Yunus

Explore all 182 Muhammad Yunus quotes

More Business quotes

Browse all 39,021 Business quotes