Thursday, February 17, 2011

Having Kenya And Chinatown Thoughts

Coat of arms of KenyaImage via WikipediaMy startup is not even officially launched yet, and we already just went through a major reorganization. Some early people parted ways. I am blaming it on too much partying. A lot of early Facebook people left saying it is not easy to have a friend for boss.

I am now in touch with a major social media talent.

"The best people you can recruit are already working for someone else."
- Sam Walton

I started out with India thoughts. I got nudged towards Latin America. You have to start out in a middle income country first was the suggestion. I said okay. But now, with the reorganization, I got a clean slate all over again. And I find myself thinking Kenya.

Revolutionary Poverty Alleviation

Developing 0.750–0.799 0.700–0.749 0.650–0.699...Image via WikipediaThere are natural lakes, and there are man made lakes. Well, all poverty is man made. Poverty does not have to exist.

I once heard a billionaire say there is enough marble just in West Virginia to build a mansion for every family on earth, but we have not reached that organization level yet as humanity. We keep getting in each other's way.

My industry - microfinance - has been a failure to date. Every year that the industry has existed, the number of poor people on the planet has gone up. That is failure.