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Social business
9
MENTIONS
4
EPISODES
2
PODCASTS
Search complete. 9 mentions across 4 episodes found for "Social business".
Oct 9, 2026
Muhammad Yunus: The Shortcomings of Economic Theories and Systems
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3:45Muhammad YunusGUEST
In a selfless business, everything is for others, nothing for me.
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3:49Muhammad YunusGUEST
And that's what I'm calling social business.
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3:51Muhammad YunusGUEST
In social business, everything is for others, nothing for me.
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3:55Muhammad YunusGUEST
And it's by decision, not because somebody has imposed me that condition.
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3:58Muhammad YunusGUEST
And this is in us.
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4:12Muhammad YunusGUEST
But the economics doesn't make us explore that happiness.
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4:16Muhammad YunusGUEST
I said, no, no, you only make money.
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4:19Muhammad YunusGUEST
I said, if you have introduced in our structure the peace of social business, then the economy would make much more sense.
Muhammad Yunus: How to Approach Social Business
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0:57speaker_2ADVERTISER
Consult a healthcare professional if symptoms persist.
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1:21Muhammad YunusSOUNDBITE_SPEAKER
And you don't have to, and I insist on this, you don't have to create one social business to solve all the problems or one particular problem for all the world.
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1:32Muhammad YunusSOUNDBITE_SPEAKER
If I can create one social business, a tiny little social business, to employ five unemployed people in a business environment, and it's a business, it covers its costs, employs five, gives decent employment for five people, that's a beautiful solution for five people.
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1:51Muhammad YunusSOUNDBITE_SPEAKER
And if I can create that, I have developed a prototype.
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1:55Muhammad YunusSOUNDBITE_SPEAKER
All I have to do is to now repeat this.
Muhammad Yunus: Social Business
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2:53Muhammad YunusGUEST
And I started giving it a name so that people understand which business I talk about.
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2:58Muhammad YunusGUEST
I call it social business.
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3:00Muhammad YunusGUEST
It's a non-dividend company to solve a social problem.
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3:04Muhammad YunusGUEST
It's a dedicated problem-solving company.
Muhammad Yunus / Annie Leibovitz | Charlie Rose
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23:22Muhammad YunusGUEST
It doesn't go down to the poor people.
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23:24Muhammad YunusGUEST
So why aren't you making alternatives like we did in banking, alternative banking? Why aren't you doing alternative health care for the poor people? And I call this kind of alternative arrangement as a social business, business to do good to people rather than making money.
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23:40Muhammad YunusGUEST
You make money somewhere else, but there are issues where you shouldn't be looking for money.
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23:45Muhammad YunusGUEST
you should be looking for doing good to people healthcare is one you can run it as a business these social businesses are businesses which are non-loss non-dividend companies so you are not going there for dividends you measure your success by seeing how many poor people have been reached with your health care program how many poor people have has access to your drinking water clean water how many people have sanitation in their houses how many poor people have not decent houses as a business not as a charity charity is wonderful but it has all it has limited reach you can't solve all the world of the problem of the world by charity so if you put it in a business format then there is a chance you can reach out to everybody because it's recycling of money and money stays on you can expand the business and so on
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24:33Charlie RoseHOST
You're sort of the founder of this movement.
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24:35Charlie RoseHOST
What are the new ideas that are sort of coming out of it?