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Building Social Business by Muhammad Yunus

Building Social Business by Muhammad Yunus

Season 1 Episode 120 Published 1 month, 4 weeks ago
Description

“A Third Way: Why Muhammad Yunus Thinks Profit Isn't the Only Point”

👉 For more insights, check out the full book and audio summary here 📖
📕 Transcript and audio of this episode is available here for free
Title: Building Social Business
Author: Muhammad Yunus
Category: Economics & Global Markets, Startups & Entrepreneurship

What if a company's only goal was to solve a problem, not make a profit? Sam and Sophie sit with that question, because it's not how most of us think about business.

They walk through Muhammad Yunus's definition of a social business—a self-sustaining company that reinvests all surplus into its mission. The Grameen Danone yogurt story shows how a multinational partnered with Yunus to fight malnutrition, measuring success by children fed, not dollars earned. They also cover Yunus's seven-step process for starting a social business and his view of the poor as entrepreneurs, not aid recipients.

If you've ever felt torn between making a living and making a difference, this episode names a third way. The takeaway: you don't have to choose.

Building Social Business by Muhammad Yunus. If you want the full written summary, the whole library is on 7minutebooks.com/app — unlimited access from $2.99 a month, $9.99 a year, or $19.99 lifetime.

Chapters

  • 00:00 The Half-Read Theory of Capitalism
  • 00:49 What Is a Social Business?
  • 01:34 The Grameen Danone Yogurt Story
  • 02:22 The Poor as Entrepreneurs
  • 03:16 Seven Steps to Start a Social Business
  • 04:00 Takeaway: Profit Isn't the Point

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