Brought to you by LinkedIn Jobs https://linkedin.com/tim and Eight Sleep’s Pod Pro Cover https://eightsleep.com/tim Show Notes: https://tim.blog/2021/05/04/jacqueline-novogratz/#more-55734 Jacqueline Novogratz (@jnovogratz) is the founder and CEO of Acumen. In 2001, Jacqueline started Acumen with the idea of investing philanthropic patient capital in entrepreneurs seeking to solve the toughest issues of poverty. As a pioneer of impact investing, Acumen and its investments have brought critical services like healthcare, education, and clean energy to hundreds of millions of low-income people. After supporting hundreds of entrepreneurs, Jacqueline and her team recognized character as the crucial ingredient for success. In 2020, they launched Acumen Academy to instruct others in global social change. Under Jacqueline’s leadership, Acumen has also launched several for-profit impact funds designed to invest at the intersection of poverty and climate change and has spun off 60 Decibels, founded on the principle that serving all stakeholders is as important as enriching shareholders. Jacqueline is the New York Times best-selling author of The Blue Sweater and Manifesto for a Moral Revolution: Practices to Build a Better World, which is now available in paperback. She has been named one of the Top 100 Global Thinkers by Foreign Policy, one of the 25 Smartest People of the Decade by The Daily Beast, and one of the world’s 100 Greatest Living Business Minds by Forbes, which also honored her with the Forbes 400 Lifetime Achievement Award for Social Entrepreneurship. Please enjoy! SUBSCRIBE: http://bit.ly/1dSzTkW LINK TO ALL SHOW TRANSCRIPTS: https://tim.blog/2018/09/20/all-transcripts-from-the-tim-ferriss-show/ About Tim Ferriss: Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 500 million downloads and been selected for “Best of Apple Podcasts” three years running. Connect with Tim Ferriss: Sign up for "5-Bullet Friday" (Tim's email newsletter): https://go.tim.blog/5-bullet-friday-1/ Visit the Tim Ferriss PODCAST: https://tim.blog/podcast/ Visit the Tim Ferriss BLOG: https://tim.blog/ Follow Tim Ferriss on TWITTER: https://twitter.com/tferriss/ Follow Tim Ferriss on INSTAGRAM: https://www.instagram.com/timferriss/ Like Tim Ferriss on FACEBOOK: https://www.facebook.com/TimFerriss/ Start [00:00] Early influences [06:56] The path to social impact investing [09:26] A banking job, freedom, and getting people fired by asking “the really dumb questions” [12:36] Championing the underdog [15:57] From well-intentioned banker to disruptor [20:37] Small wins [34:10] Jacqueline’s first big win and what kept her going through the toughest times [38:03] From Rwanda to Acumen, Jacqueline's nonprofit impact investment fund [42:21] Stanford Business School [44:21] How the genocide in Rwanda redefined the meaning of poverty for Jacqueline [47:25] On separating the world into monsters and angels [49:24] The three things Acumen does [55:06] Acumen's spinoff company 60 Decibels [57:20] Contending with for-profit companies [1:03:06] The path to naming Acumen [1:06:13] Moral obligation and the shortcomings of empathy [1:09:19] Evidence of Acumen's efficacy [1:13:40] Advice for young people who aspire to create positive change [1:18:10] Liberation by committing to something larger than oneself [1:22:05] What makes a good mentor? [1:24:55] Favorite books [1:28:21] Jacqueline’s advice to aspiring impact investors [1:31:33] On overcoming a "someday" mentality [1:38:05] Jacqueline keeping it real [1:44:19] A preview of a round two? [1:45:49]