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In 1974, Professor Muhammad Yunus, a Bangladeshi economist from Chittagong University, led his students on a field trip to a poor village. They interviewed a woman who made bamboo stools,[…]

Entrepreneurship is about solving problems.

Muhammad Yunus: Entrepreneurship is about solving problems; about addressing the issues of the world around yourself. It’s not just making money. That’s what I meant by entrepreneurship. Entrepreneurship is something that we carry with us as a human being. We came on this planet to solve problems. We solve problems all around us, and we continue to solve that problem and that’s how we survived. We were in adverse circumstances when we came to this planet, but we were not frightened by that adverse circumstances. We took them by grip and, one by one, we tried to solve them and we kept on solving them. As a result we came millions of years on this planet and survived and successful. So that’s entrepreneurship. Any human . . . Any human capability used for solving problems for mankind, for the planet, I’ll consider this entrepreneurship.

 

Recorded on: 1/23/08

 

 

 

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