Muhammad Yunus - The Social Business Model

[MrXalan]

long live my idol

[lovelplants]

yeah, he's really great and i hope he can help more and success more.

[freebusinesstips]

I just wish all the entrepreneurs in this world are like him. But we need to make a balance. Lol

[gdwhat]

Great ideas and everything...but you need those rich folks in the first place to get the funing for these organizations. Id love to run a non for profit, but i need a small business in the first place to even DREAM of having enough overhead to pull it off. The guy is clearly selfless and a huge inspiration, but he also is kinda dreaming unless that room is full of people with deep pockets.

[saywhat923]

So what if he is a Muslim. We many fake evil so-called on this planet.

[absba9]

Hmm,,, why are you suddenly being fascinated with socialism? helping all the poor sounds good, i would be very careful.

[BOOLsheet]

the real problem is that if you cannot afford to feed yourself, you shouldn't be having 14 kids.

[xenniex2]

Amazing. This man deserves his Nobel Peac prize!!

I hope the next person to win a Nobel prize is Salman Khan for creating 'Khan Academy'. Bringing free education to the world on a scale never seen before.

[MrXalan]

@xenniex2 eagerly waitin

[javiersanj]

@kicksnareaudio Haha! Still working on it, but much closer to making it real. We really want to make a good impact on society. Thanks for reminding me of this speech in a crucial moment!! You really don't know how much this helps.

[Passiflora101]

This lovely & wise gentleman may (or may not) be a Hindu, but he's teaching a Biblical principle..."Do nothing from selfishness or empty conceit, but with humility of mind regard one another as more important than yourselves; do not merely look out for your own personal interests, but also for the interests of others." Phil 2:3-4

INC Magazine's website recommends this video as one of "10 YouTube Videos Every Entrepreneur Should Watch" - with very good reason - OUTSTANDING! Favoriting it!

[naomee1]

@Passiflora101 he is a muslim... and these are the themes of islam or quaran... and prophet Muhammad (SM) told hadeses about these... i can't tell u from exactly the name of Sura, which tell these words, bt definitely it is from Quar-an!!!..:)

[Passiflora101]

@naomee1 Ok...great! If that is so, thanks for pointing it out. There are positive aspects to every major religious belief, with one very important difference - which one leads to salvation? One one is a salvation based on faith alone, (Sola Fide,) while everything else is a belief that one can somehow earn salvation, based on one's works/deeds. But that's not the topic of this video. You might want to find out more about your Quran & hadiths by visiting a site called Answering Islam. :)

[Passiflora101]

@naomee1 An afterthought.... The "theme" may be found in the Quran, (as assisting the poor is also found in the Bible,) but where are you finding the info that Yunus is a Muslim?

[naomee1]

@Passiflora101 He is from my country that is "Bangladesh", so we know better...:). and it is in his full name Dr. Muhammad Yunus...Muhammad, so muslim..right??

here u can know about him & his work better...:)

[ruptan]

A great initiative indeed!

[superAnzam]

people should use that money on productive way,not to spend lavishly.

[Feuerbach92]

Muhammad Yunus is a worthy nobel prize winner

a great idea his grameen bank I hope he will help a lot of people

best wishes from Germany to Bangladesch be proud of these amazing person

[azjusticia]

Genius

[johnroyful]

I was searching for a Role model and a kind leader in my entire life..This Man is doesnt only deserve a nobel prize award but He is a great and ideal leader.

[issam20051]

i think that mr mohammad is a factor that made the world poor he is the cause of the world crisis so we need to tell him thank you for your help

[kcjliu]

@issam20051 Do you mind sharing why?

[sdrtysrtyfghdfuhrdtu]

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[Export2Africa]

Social business that centers about others...Business to do good for people and for the planet, that is profound.

I am glad he won the Nobel Prize.

[esiosan]

@mobiTv24 why you call him a thief... I'm trying to learn more about him

[tinaeapen1]

Biggest Mystery resolved See my Video on - Norwegian Nobel Peace Prize Committee Announcement "Why Gandhi never got Nobel Peace Prize ?"

[CinemShowInfo]

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[Jib0n]

Every Economist/Econometrician with Bangladesh background would love to follow in hit footsteps... Join dr. Yunus' journey to create a world without poverty.

[souav]

What a theory!!! By doing social business, even you can own 38% of a million dollars cellular company....................

[skillcentre]

all lie,,,, grammen bank has been skrewing up poor pple like shit , making them poorer. acting. this guy wanted to get into politics, if u go to BD now, nobdy likes him. so get the true picture bilatis out there.

[silverbluejc]

what a commie

[marktingit]

What an inspiration. We need more optimizing people in this world to empower others and end poverty and despair. In production now is a documentary of one of the pioneers of micro-financing and one of its finest success stories:

Mary Aloe Producer to executive produce Obama Documentary about his mother (a micro finance pioneer) with prestigious director Charles Burnett.

[holo098]

This man is from one of the UNDERdevelopt countrys of the World but he make Bangladesh developt!

[lionadri]

Try to do social business in your town!

[shafinco]

shafinco 110mb com

[666norton420]

personally, i've written a movie series, so i might one day makes an assload of money and start a "social business".

we all must ry tand do our part.

;d

[RaySquirrel]

@666norton420 Same with me. Only I'm doing it the other way around. Making a movie to start a social business, so I can have the money to make a series of movies.

[GrameenCreativeLab]

Hi @RaySquirrel, that sounds great. What is your SB model like? I would love to learn more about it. Cheers, Patrik

[ranjhajee]

VEry nice effort.s... Good Luck with mr. Muhammad Younas...

[Endogamy]

overpopulation is the cause of pollution and now we feed the poor in order to make them recruitable for the corporate. It looks like we grow our children to serve the corporate which at the end pollute and consume all the resources of the Earth.A profit maximisation can be reach also by feeding and maintaining healthy the majority poor uneducated but potential cheap labour for the corporate, isn't it?...this is total paradox.

[Metsada007]

Excellent ideas, if everyone thought like Mr. Yunus the world would become a Paradise without poverty and wars.

[MrsUpde3]

Truly amazing. If only it could work that way!

[Metsada007]

@MrsUpde3

It can definitely work, but people (especially the rich) are too greedy.

[ThomasClearlySo]

Hi everyone,

I work for ClearlySo, the global hub for social business and enterprise, commerce and investment.

We have a jobs board specifically aimed at people who want to work for social business and enterprise its one of our most popular pages and at the moment there are 106 jobs listed on it, including:

Marketing Executive at WRAP (UK)

or

HR & Development Officer at Sustrans (UK)

Hope you find it useful,

Thomas and the ClearlySo team

[ILoveGoodFellas]

god bless this man !!!!! puuuure genius

[86rishabh]

eZdia team is a group of diverse individuals who have known each other for a long time and share the passion of creating a visionary knowledge platform. We want this knowledge platform to enable people from all walks of life to share their experiences, and learn as they go through different phases of life.

[amazigh9009]

I believe in the moral mnagement of money.

Dr Yunus is a genius in a way that he could find a way to make this very simple idea work efficiently in a very large scale first in his own Bangladeshi society then in other countries.

you are a great man Doctor

deep respect

[bando8000]

If we are to make progress we must make the connection between the underlying law of nature and the subject of Yunus' talk.

[hairybeast101]

pure genius

[bogsider16]

dream world. How the hell is someone going to get involved in a business if they are not going to get any return from it? People would need to be already financially secure before they coniderer investing. By the time they're rich enough they might aswell donate surplus funds to charity.

Sorry Yunus but your solution holds no water in the real world

[omegavalerius]

The exact problem with charity is that it doesn't help people out of poverty, it makes sure they are kept in poverty. The rich should rather put their money into social businesses and banks who supply micro loans than give it to people like Mother Theresa or other lovers of poverty.

[hamidmushtaq]

You could give poor people interest free loans. That is why in Islam the virtue of giving interest free loan is as much as giving charity, or even more, I'm not quite sure.

[omegavalerius]

Interest free loans would be a social business but we have experience that even loans with interest work very well. The key idea with having interest rates is to lure the big financial players into the game. This means more money with which to solve the problem.

I'm not a big fan of the Islamic baking system because of their tendency to replace interest with payment. You don't pay interest but you pay a fee for the money.

[PersonOfBook]

omegavalerius, I'm not a fan of Islamic banking either. Infact, I want us to abolish capitalism altogether. That is, fiat money, fractional reserve banking and interest. Instead we should have a gold and silver currency, no fractional reserve banking and no interest. The government can take the responsiblity of all savings and from that pool can lend people at 0% interest. In my opinion the commercialization of moneylending is what is causing recessions, depressions, inflations and poverty

[omegavalerius]

A socialist banking system then? I'm sorry but the free market has a superb track record compared to socialism in its economic variations. I live in a country which is quite socialist compared for example to the States, but our prosperity would be impossible to maintain without a fully free market and the entrepreneurship that is its engine.

[PersonOfBook]

With the current banking system, almost every other person is burdened with debts. It only create illusion of prosperity, but it comes crashing down once the bubble bursts. Just look at US for example. Even companies like Intel and AMD are in loss, while banks like barklays still made millions during recession. The problem with capitalism is that it very much favors the parasitic bankers, which actually earn by doing nothing! Capitalism is not a must for Industrial Progress. China is an example!

[omegavalerius]

The only people I know who are in debt are those who have bought a house within the past 10 years.

The problem in the U.S is not privately owned banks. Its the failing of the State to provide simple basic rules for the economy and even more its the fault of over consumption. I don't have much sympathy for people who's financial misery is self inflicted. China is a capitalist country with private banks. What is your point? Do you mean to say that democracy is not necessary for progress?

[qix2112]

@omegavalerius That may be true, but the socialistic aspect is what makes Yunis' ideas work. If we can get some aspects of socialism involved with the capitalistic U.S., than the U.S. can take advantages for their poorer class citizens, much like the porrer nations are now.

[omegavalerius]

If he can get it to work then all the more power to him. I'm saying we should focus on finding a way to make money out of making poor people less poor. If there is a buck to be made this way you get what decades of pleading for alms hasn't, less poverty.

[RaySquirrel]

@qix2112 What makes Yunus's theories different from socialism is that Yunus's theories are an improvement on private enterprise. I do not like to call anything socialism unless it focuses on creating state-run monopolies.

[hamidmushtaq]

Another important thing is not to leave everything to companies, but government should also take steps. In my opinion, banking should be abolished altogether. We should bring back currency based on Gold and Silver, get rid of fractional reserve banking and let government do all the saving of money and lending at 0%. Unless we abolish interest and fiat money, we can't finish poverty!

[Jib0n]

I am sorry, but I cannot agree with you. Yunus received together with his Grameen Bank the Nobel Peace Price. So a mix of profitable and non profitable ventures really does have a bright future due to the economic instability in many poor countries. Furthermore, there is also something called love for your fellow people, maybe we should all think about that.

[kunscheg]

Muhammad Yunus idea of micro credits first given to Bangladeshi women and later on to the entire third world is nowadays well picked up by profit maximizing western banks, BECAUSE it is profitable for them. Try to get in literature of or about Muhammad Yunus and you will easily see that it is no dream world he has dedicated his life for. This is best practice for a solid basis of a peaceful co-existence of mankind.

[Metsada007]

@bogsider16

Why are the rich still trying to "maximize profits" when they could spend all that money on such projects? Your real world, which you seem to love so much sucks as hell my friend.

[truckenfilms]

This man is even better then the ferry tale guy named Jesus.

[javiersanj]

Inspirational. I'm trying to replicate the Bank of the Poor model in my home country. Wish me luck!

[amarushko]

@javiersanj Good luck to you!

[kicksnareaudio]

@javiersanj How'd it go?

[sharowarhossain]

u are just a mother fucker. u know nothing about this world. be educated.ok

[rubent100]

racists scrub

[tkprivate]

To coco1234lexi: Get a grip, a moral compass and a conscience kid - so far in life you have developed no soul. Get out of your comfy suburb and travel a bit to learn how good and easy you have it and how bad and hard the majority of kids in the world have it. Dedicate your life to making a positive difference in the world or your life will be meaningless and wasted.

[onlyamanzad]

@coco1234lexi FATHER LESS ! SHAME ON YOU BECAUSE YOU KNOW NOTHING EVEN WHO YOUR FATHER IS.

[tajick]

What a great man ... :)

[IndianPanther]

I ditto that comment...

[Truthnadv]

Hey Good Video and great approach to business I could use someone like you check out my page and videos, should be some helpful information on there.

[BruceASuttles]

Very good work !!

[2158852232]

slam this tight lil ass =]?

im so b0red. MSG me on M.S.N. id in my profile. al

[mariyaliveandwell]

makes more sense..

human dignity and respect are more lasting values...most people would rather help themselves if given the opportunity..they need that more than charity..

hope more politicians and businessmen read reflect and implement the principles, methods and programs discussed in the book ..

maria yolanda catalina gutierrez de guzman shaw..pilipino-canadian

[mariyaliveandwell]

makes more sense..

human dignity and respect are more lasting values...most people do want to help themselves given the opportunity..they need that more than charity..

hope more politicians and businessmen take heed and read and reflect and implement the concepts and programs mentioned in the book.

maria yolanda catalina gutierrez de guzman shaw..pilipino-canadian

[phippsed]

Yunus was my graduation speaker at Vanderbilt this past may. He gave a tremendous speach, I was very impressed. It was especially good considering the social climate there.

[djfesa]

thanks very much... he's a genius.