Over the course of my two week holiday I have spent a bit of time reading a number of innovation reports. Interestingly enough the Legatum Prosperity Institute ranks the relative prosperity of 233 nations (Canada is 7 by the way ... we can do better but that topic is for another day) on nine sub-indices. One of the sub-indices is Economic Fundamentals. For the 90% of countries that have achieved the minimum level of monetary success more money does not significantly improve quality of life. However, for those bottom 10% of countries that have not secured the minimum level of success then nothing but money will improve the quality of life. If you think money isn't the most important thing then try living without it.
Some of the most successful entrepreneurs turn philanthropist after achieving success. Through their creation of abundance they help others. Abundance is a great thing ... scarcity creates problems.
I firmly believe that an organization can be both for profit AND a social venture,
- Ian Graham