+Acumen

sasha-dichter

Lean for Social Impact – June 23rd

Sasha Dichter is Acumen’s Chief Innovation Officer and will be leading our newest +Acumen course Lean for Social Change. This post was originally posted here.

I’m thrilled to announce that on June 23rd I’ll be the lead instructor, together with Bob Dorf as Chief Mentor, for the new +Acumen course Lean for Social Change.  This is our first large-scale launch of this course, after a very successful pilot we did late last year.  Sabrina and Afzal wrote a great post sharing what they got out of the first course.

You can sign up for the course here.

Bob is a startup guru, and having the opportunity to partner with him is incredible.  In case you don’t now Bob, he’s the co-author, with Steve Blank, of The Startup Owner’s Manual: A Step–By–Step Guide to Building a Great Company and he’s a serial entrepreneur who has started seven companies (he describes them as “two home runs, two base hits, and three great tax losses”) and coached or invested in dozens more.  More than just an expert who travels the world helping startups, incubators, big companies and governments, Bob is exceptionally kind and humble, he’s an incredible coach who is quick with a smile.  And, lucky for us, he’s bribable with Diet Cokes.

This is going to be a fun, rubber-hits-the-road course – highly practical and hands on, and intensive.  It will push you to take the steps you need to take to get out of the building, talk to customers, put your minimum viable product in their hands, and get the real feedback you need to make your social venture a success.

No expertise required!  But like everything you’ll get out what you put in.  If you have a social venture that you’re working on, or planning to work on, this course will kick you out of first gear.  It’s hands-on.  You’ll take powerful frameworks and put them into practice.

Here’s the deal, so you know what to expect going in:

  • It’s an intensive, eight week course.  Best guess is that you’ll need to put in 10 hours per week.   (The time you put in for this course will be highly leveraged, so think of this in terms of time saved not time lost.)
  • You’ll be using the business model canvas to map out your business; you’ll build out a real prototype; and you’ll get of the building to get the feedback you need from customers, suppliers, partners, and competitors etc.
  • Work is done in teams.  You’ll be learning from and supporting each other, not sitting alone in front of a computer.
  • Course participants will have an idea for a social venture tackling an issue of poverty.  If you don’t have a fully formed idea yet that’s OK, the course will help you form and shape one.

This course is a chance for you to take a big leap forward.  It’s an opportunity to use tools that have revolutionized Silicon Valley and apply them to your social venture.  It’s kind of the start of a revolution.  Be part of it.

Comments

How You Can Help: The Nepal Earthquake

On Saturday, April 25th, an earthquake with magnitude 7.8 shook the country of Nepal, as well as parts of northern India. Hitting south of Kathmandu, the earthquake killed more than 3,800 people and injured more than 7,100 as of Monday morning. It is the worst to hit the region in 80 years, and aftershocks and tremors continued to rock the country over the past 48 hours. [Read More]

Welcoming Naeem Zamindar as Acumen’s new Pakistan Director

We are pleased to announce Naeem Zamindar as Acumen’s new Pakistan Country Director. Naeem’s 25-year career combines experience in venture capital with multiple high-level operational and leadership roles. Naeem worked at Intel Capital in Silicon Valley, helping build companies in the digital, new media and wireless broadband space. In Pakistan, he was CEO of Wateen Telecom, where he restructured the publicly listed company, turned around the business and repositioned it for growth, to take the company from losing $2 million per month to generating $1 million in positive cash flow over a matter of three years. He was also a founding member of Pakistan’s leading telecom company Mobilink and, as a part of its senior leadership team, built a nationwide fiber-optic network through the acquisition of four companies that now form Mobilink’s broadband division. [Read More]

Catalyzing the Growth of Social Enterprises with SAP

To accelerate the growth of our social enterprises in East Africa and India, we have joined forces with global business software leader SAP. Leveraging SAP’s technology and global business expertise, this unique collaboration will bring together Acumen entrepreneurs working in different sectors and countries to deepen their business capabilities and expand access to solutions to help them address global poverty. [Read More]

Dispatch from Pakistan: Hope in Place of Fear

There is fear in the streets of Pakistan. I sit in traffic, just a few hundred feet from my hotel where my next meeting is scheduled. I could arrive at my destination in five minutes if I walked, but it is not advised to walk. On the right side of my car, four men pointing automatic weapons stand in the back of a police van. Just in front is a black SUV with four commandos in the back, each with AK-47s, I think, though I’m no expert in guns. Let’s just say they are very big and look very menacing. A few cars to the left is another gun-filled vehicle pushing other cars out of its way, presumably to join the caravan of the armed. Sirens are wailing. [Read More]

ANNOUNCING A NEW INVESTMENT, FIRST ACCESS

Acumen announces its new investment in First Access, a data analytics company improving access to formal financial services for low-income East African communities. In East Africa, only 22 percent of the population has access to formal financial services with the region’s poor having even less at 10 percent. First Access presents an opportunity to increase the ability of these low-income communities to save, manage risk responsibility, invest in such critical services as education, and ultimately rise out of poverty. [Read More]

ANNOUNCING THE 2015 PAKISTAN FELLOWS

Acumen is proud to announce the selection of our third cohort of Pakistan Fellows. After a competitive application process, we’ve chosen a diverse group of 20 leaders working in provinces across the country. This year’s Fellows are fighting poverty and changing lives across Pakistan through unique initiatives that range from advocating for vulnerable prisoners’ rights, to creating solutions to address low-quality education, to developing branchless banking channels for low-income customers, and more. Read more about each Fellow and their inspiring work below. [Read More]

Lean Data Goes Deeper

One of the most interesting questions we’re grappling with right now on the Impact team at Acumen is how to develop a more robust, rigorous, and transparent form of quantifying the social value our companies create. While I don’t believe we will ever fully understand all the social value created – and while there will always be room for debate and interpretation – I do think today we have the tools to get a lot closer to customers and hear how they value products. [Read More]