Actual Quote by Ricardo Salinas Pliego
“In the rest of the world, rich people will give a donation, and businessmen give to charities. But in Mexico, the execution capacity of what we call the social sector is missing. I find it much more effective to set up the actual social organisation and then fund it with my money.”
About This Quote
Source Speech: Business Conference, Mexico, 2020
He critiques charity models in Mexico and advocates building and directly funding own social organizations for impact.
In simple terms: He prefers creating and funding his own social projects.
Create and fund your own social initiatives.
Themes
Mood
Type
When to use this quote
- nonprofit creation
- community development
- direct funding
- policy advocacy
Key Concepts
Questions to Reflect On
- What social issue could you address directly?
- How can you ensure sustainability of your organization?
Scaling such models may be limited by personal resources.