TED: A for-profit mindset for nonprofit success | Tolu Oyekan

The video explores the differences in impact between for-profit and nonprofit organizations, focusing on development work in Nigeria. It highlights the challenges in providing financial access and the inefficiencies in agent banking deployment. The speaker proposes a model that combines profit motives with development goals to improve financial access. This approach could be applied to other areas like energy and education, aiming to address development challenges more effectively.

What role does data analytics play in the for-profit sector compared to the development sector?

What does the phrase 'If you want to go fast, go alone. If you want to go far, go together' imply in the context of development?

What is the estimated impact of deploying 27,000 profitable agents in Nigeria?

In what ways can the profit motive be applied to other development challenges like energy and education access?