[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:08.24,0:00:11.50,Default,,0000,0000,0000,,Talking about honesty, \N
Dialogue: 0,0:00:11.50,0:00:12.62,Default,,0000,0000,0000,,honestly.\N
Dialogue: 0,0:00:13.36,0:00:16.54,Default,,0000,0000,0000,,What do you think are the key drivers
Dialogue: 0,0:00:16.54,0:00:18.82,Default,,0000,0000,0000,,of an entrepreneur to start a business ?
Dialogue: 0,0:00:19.48,0:00:20.56,Default,,0000,0000,0000,,Is it money ?
Dialogue: 0,0:00:20.70,0:00:21.40,Default,,0000,0000,0000,,Wealth ?
Dialogue: 0,0:00:21.74,0:00:23.55,Default,,0000,0000,0000,,Is it power ?
Dialogue: 0,0:00:24.74,0:00:26.40,Default,,0000,0000,0000,,Is it changing the world ?
Dialogue: 0,0:00:28.96,0:00:30.50,Default,,0000,0000,0000,,I'm pretty sure everyone has a rough idea,
Dialogue: 0,0:00:30.50,0:00:32.65,Default,,0000,0000,0000,,but I made my little inquiry about it,
Dialogue: 0,0:00:33.49,0:00:34.94,Default,,0000,0000,0000,,and believe me or not,
Dialogue: 0,0:00:36.13,0:00:37.53,Default,,0000,0000,0000,,it is about 80%
Dialogue: 0,0:00:37.53,0:00:40.38,Default,,0000,0000,0000,,of us, entrepreneurs, who's main goal
Dialogue: 0,0:00:40.38,0:00:42.27,Default,,0000,0000,0000,,when we start a business
Dialogue: 0,0:00:42.27,0:00:44.24,Default,,0000,0000,0000,,is to change the world.
Dialogue: 0,0:00:46.71,0:00:48.06,Default,,0000,0000,0000,,Now the question is :
Dialogue: 0,0:00:48.06,0:00:50.79,Default,,0000,0000,0000,,How do we change the world ?
Dialogue: 0,0:00:50.79,0:00:53.49,Default,,0000,0000,0000,,Well, until recently,
Dialogue: 0,0:00:53.49,0:00:56.81,Default,,0000,0000,0000,,those big tycoons of the traditional
Dialogue: 0,0:00:56.81,0:01:00.55,Default,,0000,0000,0000,,industry, those who made billions
Dialogue: 0,0:01:00.55,0:01:04.17,Default,,0000,0000,0000,,once they got 60, 70 years old,
Dialogue: 0,0:01:04.71,0:01:06.26,Default,,0000,0000,0000,,had some time to retire and then
Dialogue: 0,0:01:06.27,0:01:08.84,Default,,0000,0000,0000,,think : " Ok, how am I gonna give back ?"
Dialogue: 0,0:01:08.84,0:01:12.28,Default,,0000,0000,0000,," How am I gonna give back to the world
Dialogue: 0,0:01:12.28,0:01:14.97,Default,,0000,0000,0000,,what it gave me before ?"
Dialogue: 0,0:01:14.97,0:01:17.53,Default,,0000,0000,0000,,But in this stage of their life,
Dialogue: 0,0:01:17.53,0:01:20.15,Default,,0000,0000,0000,,I think when you are 70, 80 years old,
Dialogue: 0,0:01:20.15,0:01:23.25,Default,,0000,0000,0000,,you are more in a kind of passive attitude,
Dialogue: 0,0:01:23.25,0:01:25.28,Default,,0000,0000,0000,,where you are ready to invest
Dialogue: 0,0:01:25.28,0:01:26.51,Default,,0000,0000,0000,,as a philantropist,
Dialogue: 0,0:01:26.51,0:01:29.48,Default,,0000,0000,0000,,but maybe you have a little bit less juice
Dialogue: 0,0:01:29.48,0:01:30.50,Default,,0000,0000,0000,,to get on.
Dialogue: 0,0:01:31.50,0:01:33.57,Default,,0000,0000,0000,,Now we, social entrepreneurs
Dialogue: 0,0:01:33.57,0:01:35.08,Default,,0000,0000,0000,,from the Silicon Valley,
Dialogue: 0,0:01:38.78,0:01:40.65,Default,,0000,0000,0000,,entrepreneurs from the IT industry,
Dialogue: 0,0:01:41.78,0:01:43.24,Default,,0000,0000,0000,,we had the chance to work
Dialogue: 0,0:01:43.24,0:01:44.60,Default,,0000,0000,0000,,in a industry where the velocity
Dialogue: 0,0:01:44.60,0:01:45.52,Default,,0000,0000,0000,,is amazing.
Dialogue: 0,0:01:46.63,0:01:48.10,Default,,0000,0000,0000,,And it gave us the opportunity,
Dialogue: 0,0:01:48.10,0:01:50.27,Default,,0000,0000,0000,,to get access to these ...
Dialogue: 0,0:01:50.27,0:01:51.83,Default,,0000,0000,0000,,call it whatever you want :
Dialogue: 0,0:01:51.83,0:01:54.37,Default,,0000,0000,0000,,wealth, capital, access to network,
Dialogue: 0,0:01:55.74,0:01:58.06,Default,,0000,0000,0000,,strategic vision and experience,
Dialogue: 0,0:01:59.78,0:02:02.75,Default,,0000,0000,0000,,while we are still 30, 40 years old,
Dialogue: 0,0:02:02.75,0:02:04.50,Default,,0000,0000,0000,,I believe we still have juice.
Dialogue: 0,0:02:04.50,0:02:06.58,Default,,0000,0000,0000,,Do I have juice here ? Enough ? Ok, good !
Dialogue: 0,0:02:07.72,0:02:09.78,Default,,0000,0000,0000,,And until now, as I said,
Dialogue: 0,0:02:09.78,0:02:12.20,Default,,0000,0000,0000,,I think this give back situation
Dialogue: 0,0:02:12.20,0:02:14.98,Default,,0000,0000,0000,,was more in a passive way whereas us.
Dialogue: 0,0:02:15.49,0:02:17.50,Default,,0000,0000,0000,,When I say "us", this is not only me,
Dialogue: 0,0:02:17.50,0:02:19.52,Default,,0000,0000,0000,,but this is again,
Dialogue: 0,0:02:19.52,0:02:20.86,Default,,0000,0000,0000,,a vast majority of my friends
Dialogue: 0,0:02:20.86,0:02:22.77,Default,,0000,0000,0000,,who had the chance to succeed in business.
Dialogue: 0,0:02:23.97,0:02:25.25,Default,,0000,0000,0000,,They don't want to stop.
Dialogue: 0,0:02:25.25,0:02:27.41,Default,,0000,0000,0000,,Eventually, they want to go back to
Dialogue: 0,0:02:27.41,0:02:29.48,Default,,0000,0000,0000,,an ex-venture, but most of us,
Dialogue: 0,0:02:29.48,0:02:30.23,Default,,0000,0000,0000,,believe me or not,
Dialogue: 0,0:02:30.23,0:02:32.09,Default,,0000,0000,0000,,want to do it diferently.
Dialogue: 0,0:02:32.76,0:02:35.24,Default,,0000,0000,0000,,Most of us now, we want to change the world
Dialogue: 0,0:02:35.24,0:02:38.49,Default,,0000,0000,0000,,and use this access to capital,
Dialogue: 0,0:02:38.49,0:02:41.23,Default,,0000,0000,0000,,this access to strategic vision,
Dialogue: 0,0:02:41.23,0:02:43.82,Default,,0000,0000,0000,,this access to an amazing network of contacts
Dialogue: 0,0:02:43.82,0:02:46.28,Default,,0000,0000,0000,,we've made in our entrepreneur life,
Dialogue: 0,0:02:46.52,0:02:50.49,Default,,0000,0000,0000,,to do things diferently.
Dialogue: 0,0:02:50.49,0:02:51.54,Default,,0000,0000,0000,,Now...
Dialogue: 0,0:02:51.54,0:02:54.53,Default,,0000,0000,0000,,How to change the world ?
Dialogue: 0,0:02:54.53,0:02:57.53,Default,,0000,0000,0000,,There is a chinese proverb,
Dialogue: 0,0:02:57.53,0:02:58.50,Default,,0000,0000,0000,,everyone knows it...
Dialogue: 0,0:02:58.91,0:03:00.38,Default,,0000,0000,0000,,Sorry to use that again,
Dialogue: 0,0:03:00.38,0:03:02.03,Default,,0000,0000,0000,,you've heard it so many times.
Dialogue: 0,0:03:02.50,0:03:05.43,Default,,0000,0000,0000,," If you wan to feed a man, teach him
Dialogue: 0,0:03:05.43,0:03:07.52,Default,,0000,0000,0000,,how to fish." Right ?
Dialogue: 0,0:03:07.52,0:03:10.75,Default,,0000,0000,0000,,Ok, I am going to use this metaphore a little bit
Dialogue: 0,0:03:10.75,0:03:13.76,Default,,0000,0000,0000,,to explain what I believe
Dialogue: 0,0:03:13.76,0:03:14.81,Default,,0000,0000,0000,,social impact is.
Dialogue: 0,0:03:15.52,0:03:17.51,Default,,0000,0000,0000,,Around the world,
Dialogue: 0,0:03:17.51,0:03:20.76,Default,,0000,0000,0000,,they are millions of people
Dialogue: 0,0:03:20.76,0:03:23.50,Default,,0000,0000,0000,,who are trying to fish everyday.
Dialogue: 0,0:03:24.46,0:03:28.46,Default,,0000,0000,0000,,In a word, who need access to capital,
Dialogue: 0,0:03:28.46,0:03:30.79,Default,,0000,0000,0000,,who need access to advice,
Dialogue: 0,0:03:30.79,0:03:34.79,Default,,0000,0000,0000,,who need access to networking,
Dialogue: 0,0:03:35.66,0:03:38.24,Default,,0000,0000,0000,,and, well they need teachers.
Dialogue: 0,0:03:38.94,0:03:41.50,Default,,0000,0000,0000,,I think social entrepreneurs can be
Dialogue: 0,0:03:41.50,0:03:42.95,Default,,0000,0000,0000,,considered as teachers.
Dialogue: 0,0:03:43.69,0:03:45.19,Default,,0000,0000,0000,,Fishing teachers.
Dialogue: 0,0:03:46.25,0:03:47.99,Default,,0000,0000,0000,,And they are millions, maybe not millions,
Dialogue: 0,0:03:48.25,0:03:50.21,Default,,0000,0000,0000,,but thousands of social entrepreneurs
Dialogue: 0,0:03:50.21,0:03:54.21,Default,,0000,0000,0000,,in the world: Africa, Europe, US.
Dialogue: 0,0:03:54.21,0:03:57.92,Default,,0000,0000,0000,,These entrepreneurs who have as a goal
Dialogue: 0,0:03:57.92,0:04:00.80,Default,,0000,0000,0000,,to teach people how to fish.
Dialogue: 0,0:04:01.49,0:04:05.16,Default,,0000,0000,0000,,Now, us,
Dialogue: 0,0:04:05.16,0:04:06.74,Default,,0000,0000,0000,,investors,
Dialogue: 0,0:04:06.74,0:04:08.78,Default,,0000,0000,0000,,those who have had a chance
Dialogue: 0,0:04:08.78,0:04:10.58,Default,,0000,0000,0000,,to get access to capital, our role is
Dialogue: 0,0:04:10.62,0:04:14.62,Default,,0000,0000,0000,,to identify those fish teachers,
Dialogue: 0,0:04:15.50,0:04:18.54,Default,,0000,0000,0000,,to give them access to capital,
Dialogue: 0,0:04:18.54,0:04:20.52,Default,,0000,0000,0000,,to grow faster,
Dialogue: 0,0:04:20.52,0:04:23.16,Default,,0000,0000,0000,,to get a better understanding and
Dialogue: 0,0:04:23.16,0:04:27.16,Default,,0000,0000,0000,,more advice, strategic advice, and
Dialogue: 0,0:04:27.16,0:04:30.76,Default,,0000,0000,0000,,and get access to more network.
Dialogue: 0,0:04:30.76,0:04:33.48,Default,,0000,0000,0000,,These 3 key elements in a growth
Dialogue: 0,0:04:33.48,0:04:34.76,Default,,0000,0000,0000,,of any project.
Dialogue: 0,0:04:35.76,0:04:39.14,Default,,0000,0000,0000,,The growth of any project,
Dialogue: 0,0:04:39.14,0:04:40.82,Default,,0000,0000,0000,,you need to get:
Dialogue: 0,0:04:40.82,0:04:42.24,Default,,0000,0000,0000,,money to found it,
Dialogue: 0,0:04:42.24,0:04:44.58,Default,,0000,0000,0000,,you need to get access to networking and
Dialogue: 0,0:04:44.58,0:04:47.31,Default,,0000,0000,0000,,you need to get access to strategic advice.
Dialogue: 0,0:04:47.48,0:04:48.95,Default,,0000,0000,0000,,Until recently
Dialogue: 0,0:04:48.95,0:04:52.51,Default,,0000,0000,0000,,I believed these were exclusively reserved
Dialogue: 0,0:04:52.51,0:04:54.65,Default,,0000,0000,0000,,for the start-up world.
Dialogue: 0,0:04:54.65,0:04:57.23,Default,,0000,0000,0000,,IT start-ups? Yes they had access to that.
Dialogue: 0,0:04:58.22,0:05:01.87,Default,,0000,0000,0000,,Biotech start-ups ? Yes they had access to that.
Dialogue: 0,0:05:01.87,0:05:05.52,Default,,0000,0000,0000,,"Social" business and social NGOs ?
Dialogue: 0,0:05:05.52,0:05:07.25,Default,,0000,0000,0000,,Not really, I mean,
Dialogue: 0,0:05:07.25,0:05:10.29,Default,,0000,0000,0000,,in everyone's
Dialogue: 0,0:05:10.29,0:05:11.18,Default,,0000,0000,0000,,vision,
Dialogue: 0,0:05:11.44,0:05:15.44,Default,,0000,0000,0000,,there is still a vision like where social
Dialogue: 0,0:05:15.44,0:05:18.28,Default,,0000,0000,0000,,business is more like a kind of dusty NGO
Dialogue: 0,0:05:18.28,0:05:22.28,Default,,0000,0000,0000,,somewhere held around a nice table
Dialogue: 0,0:05:22.28,0:05:26.28,Default,,0000,0000,0000,,with old women drinking tea and coffee.
Dialogue: 0,0:05:27.19,0:05:28.38,Default,,0000,0000,0000,,No that's not it.
Dialogue: 0,0:05:29.68,0:05:32.28,Default,,0000,0000,0000,,Social entrepreneurs today are entrepreneurs
Dialogue: 0,0:05:32.28,0:05:36.02,Default,,0000,0000,0000,,who are moving ahead with a lot of energy
Dialogue: 0,0:05:36.02,0:05:38.02,Default,,0000,0000,0000,,and they want to use this energy and
Dialogue: 0,0:05:38.02,0:05:41.51,Default,,0000,0000,0000,,the capital we provide them,
Dialogue: 0,0:05:41.51,0:05:44.49,Default,,0000,0000,0000,,the advice we provide them.
Dialogue: 0,0:05:44.49,0:05:48.49,Default,,0000,0000,0000,,the strategical advice and the network
Dialogue: 0,0:05:48.49,0:05:49.55,Default,,0000,0000,0000,,to grow faster.
Dialogue: 0,0:05:54.71,0:05:57.55,Default,,0000,0000,0000,,The fisherman story,
Dialogue: 0,0:05:57.55,0:06:01.23,Default,,0000,0000,0000,,I want to use it one more time.
Dialogue: 0,0:06:01.23,0:06:03.08,Default,,0000,0000,0000,,You students, you in this room,
Dialogue: 0,0:06:04.50,0:06:05.49,Default,,0000,0000,0000,,just imagine:
Dialogue: 0,0:06:06.20,0:06:08.54,Default,,0000,0000,0000,,what do you want to do in your future ?
Dialogue: 0,0:06:08.54,0:06:11.63,Default,,0000,0000,0000,,Do you want to sail a big ship
Dialogue: 0,0:06:11.63,0:06:13.16,Default,,0000,0000,0000,,and with one single boat
Dialogue: 0,0:06:13.74,0:06:16.38,Default,,0000,0000,0000,,catch millions of fish every single day
Dialogue: 0,0:06:16.38,0:06:18.51,Default,,0000,0000,0000,,with one boat ?
Dialogue: 0,0:06:18.51,0:06:20.88,Default,,0000,0000,0000,,Or, do you want to
Dialogue: 0,0:06:20.88,0:06:23.38,Default,,0000,0000,0000,,teach millions of people how to fish
Dialogue: 0,0:06:23.38,0:06:25.09,Default,,0000,0000,0000,,around the world ?
Dialogue: 0,0:06:25.52,0:06:28.26,Default,,0000,0000,0000,,And I believe today the planet has no choice
Dialogue: 0,0:06:28.26,0:06:31.25,Default,,0000,0000,0000,,I mean we're in danger
Dialogue: 0,0:06:31.25,0:06:33.31,Default,,0000,0000,0000,,the planet is in danger because
Dialogue: 0,0:06:33.31,0:06:35.85,Default,,0000,0000,0000,,there are social problems around the world,
Dialogue: 0,0:06:35.85,0:06:39.09,Default,,0000,0000,0000,,there are biodiversity problems,
Dialogue: 0,0:06:39.09,0:06:41.24,Default,,0000,0000,0000,,and I think there is no choice.
Dialogue: 0,0:06:41.24,0:06:43.36,Default,,0000,0000,0000,,But you, you are young,
Dialogue: 0,0:06:43.36,0:06:45.53,Default,,0000,0000,0000,,I think you have a choice.
Dialogue: 0,0:06:46.41,0:06:47.58,Default,,0000,0000,0000,,Thank you.