Muhammad Yunus, Professor of Economics and winner of the 2006 Nobel Peace Prize, gives advice to EDHEC Business School students

Written on 31 October 2014.


You’ve come to give some tips to young entrepreneurs from around the world, what message do you want to convey?

Muhammad Yunus (M.Y.): Primarily, to always remember that you all have the capacity to act. Today’s young people are incredibly talented and want to achieve their social entrepreneurship dreams, but society is not always ready to understand them. However, the increasing number of young people I meet who are starting up their social businesses is proof that you shouldn’t get discouraged. Keep your energy and start creating jobs!

If you were 20 today, what would you do?

M.Y: Solve problems for young people, the sick or persons in need by starting-up a social business! However, you need to be realistic and keep in mind that the business needs to be profitable for it to last over time.  

 In your view, what will social business be like in 2040?

M.Y: New technologies will play a central role in social business and help us to solve problems a lot faster and more easily. Being connected with others around the world is an excellent way to learn!

 

 


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