Tuesday, November 16, 2010

Exploring BoP investment opportunities in my backyard

Over the last several weeks, we have been reading about opportunities for social entrepreneur at the so called "Base of the Pyramid" (BoP). This week we read the Harvard Business Review article, "Making Better Investments at the Base of the Pyramid." Every article on this topic have added a slightly different perspective, this particular article talks more about methods to access poverty alleviation of businesses serving this segment of the world's population.
The value at the BoP is undeniable, but is anyone wondering about the implications for U.S. social entrepreneurs aggressively pursuing opportunities to serve the BoA at the expense of our own communities? Just a thought. Poverty is real, even in America. This is not an attempt to persuade social entrepreneurs to focus domestically, but to acknowledge and collectively encourage people to explore poverty in the U.S.
Everything that I am, have seen, and experienced with poverty validates that I have an opportunity to improve the quality of people's live's right here in my own backyard. For others, seeing the pictures and the face of poverty from the aftermath of Hurricane Katrina was enough to concede that we have a lot of work to do right here on our own soil.
My post is an effort to explore opportunities to serve the people at the BoP in our own country. What ideas do you have to investment in this population? How will you measure your success. One such example is Back on My Feet; a nonprofit organization that promotes the self-sufficiency of homeless populations by engaging them in running as a means to build confidence, strength and self-esteem.

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