Sixty-one percent of millennials are concerned about the state of the world and feel personally responsible to make a difference. Meet three young entrepreneurs who are already working to do just that.
Jasmine Lau attended Yale University but moved back to China in 2012 to cofound Philanthropy in Motion. PIM’s goal is to make philanthropy more than something only the very wealthy can participate in. (She’s also a FORBES 30 Under 30 list member from 2016 and founded her charity when she was only 16.) PIM runs events and workshops aimed at engaging young people with NGOs and socially-conscious businesses. So far, they’ve worked with more than 1,000 people.
“There’s always that glamour of being an entrepreneur,” Lau says. But the most important thing for budding founders to find is that problem that consumes you and “keeps you up at night,” Lau says.
Jeremy Johnson is a cofounder of Andela and a FORBES 30 Under 30 list member from 2014. Andela recruits the very best web developers across Africa and brings them into a fellowship program — it has a less than 1% acceptance rate — eventually finding them jobs at top tech companies like Microsoft or IBM. Since it was founded, the company has gained investments from the likes of Mark Zuckerberg’s Chan Zuckerberg Initiative, Pierre Omidyar’s Omidyar Network and Spark Capital (invested in Slack, Oculus VR and Wayfair).
Shiza Shahid is a cofounder of the Malala Fund — she’s also a FORBES 30 Under 30 list member from the class of 2014. Shahid grew up in Pakistan, but made her way to the U.S. to attend Stanford University. Following a stint at McKinsey as a business analyst, Shahid joined with Nobel Peace Prize winner Malala Yousafzai and her father Ziauddin Yousafzai to found the Malala Fund. She’s hopeful that in the years to come, more companies will focus on creating positive social change in tandem with growing the company.
“The best way to make money will be to create impact,” Shahid predicts.
She’s now working to encourage other companies with socially conscious goals as a founder of VC fund Now Ventures, which invests in mission-driven companies.
This article was written by Michela Tindera from Forbes and was legally licensed through the NewsCred publisher network.
BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may be used as a generic term to reference the corporation as a whole and/or its various subsidiaries generally. This material does not constitute a recommendation by BNY Mellon of any kind. The information herein is not intended to provide tax, legal, investment, accounting, financial or other professional advice on any matter, and should not be used or relied upon as such. The views expressed within this material are those of the contributors and not necessarily those of BNY Mellon. BNY Mellon has not independently verified the information contained in this material and makes no representation as to the accuracy, completeness, timeliness, merchantability or fitness for a specific purpose of the information provided in this material. BNY Mellon assumes no direct or consequential liability for any errors in or reliance upon this material.