Naveen Jain Quotes

I think all philanthropy invests in product innovation, whether in a vaccine or a new kind of product of one sort or another, and I think we'll all continue to do that.

True philanthropy requires a disruptive mindset, innovative thinking and a philosophy driven by entrepreneurial insights and creative opportunities.

I have set up several businesses as social businesses, and I am a great believer that the power of business should be used for good.

I've always known I've wanted to build companies that have a social impact.

I have a philanthropy advisor, Hari Menon, who was earlier at the Gates Foundation.

While governments are not off the hook, the charity world needs to innovate and find new ways to attract outside investment to boost our social productivity.

It's time to re-think charity. It's time to give charity the big-league freedoms we really give to business. The fight for these freedoms must be our new cause, because without them, all of our causes are ultimately lost.

Many entrepreneurs that made their fortunes by founding successful technology companies want to give back and solve the world's biggest problems on a grand scale. There is tremendous opportunity in this approach.

I would say to young entrepreneurs and budding philanthropists - are you giving to feel good or do good?

How I see my career is very much as an entrepreneur in the field of philanthropy.

It is important to view philanthropic ventures with an eye for business.

Philanthropy should be taking much bigger risks that business. If these are easy problems, business and government can come in and solve them.

I want to make money for third-world-country kids, and I need to be smart about how to do it.

Social enterprise is an effective solution for social problems.

Philanthropic funding can play a vital role in testing and stimulating innovation that, when proven, can be implemented at scale by business or government.

Social entrepreneurs are people who have amazing passion to do good.

By simply capitalizing on core strengths and knowledge, companies and entrepreneurs can engage in an emerging business model that will enable them to create - and demonstrate - real, sustainable social impact in society.

I don't know if people understand that there are different ways to raise money for great causes.

It is time for corporate America to become 'the third pillar' of social change in our society, complementing the first two pillars of government and philanthropy. We need the entire private sector to begin committing itself not just to making profits, but to fulfilling higher and larger purposes by contributing to building a better world.

Philanthropy is often seen as society's risk capital. That means the onus is on philanthropists, nonprofit leaders and social entrepreneurs to innovate. But philanthropic innovation is not just about creating something new. It also means applying new thinking to old problems, processes and systems.

Everyone says you've got to do a foundation and legal structure to finance social change. What nonsense!

When people make donations to non profits, they want to know that their money goes to good use.

In the same way that you're driven in your business to keep innovating - Facebook is a wonderful example of constant innovation - think about doing that in philanthropy.

Increasingly, I'm inspired by entrepreneurs who run nonprofit organizations that fund themselves, or for-profit organizations that achieve social missions while turning a profit.

There is a natural link between the effective running of my businesses and the effective direction of philanthropic funds. I apply business principles to my philanthropic work so that maximum value is given to the causes I support.