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About this quote

What does it mean?
Soros initially kept business and philanthropy separate. He now believes social entrepreneurship requires mixing them.
In plain terms
He used to separate charity from business. Now he says they need to mix.
What can you take from it?
Modern solving problems needs business and charity together.

Where it applies

  • career choices
  • charity models
  • business ethics

Putting it to work

  • explore social enterprise
  • blend profit and purpose
  • reassess separation

Questions to consider

  • Should charity act like business?
  • Is mixing money and help good?

Another view

Mixing profit with charity can create conflicts of interest.

More from George Soros

  1. I advocate an alliance of democratic states, with a dual purpose. One, to promote what I call open society. I talk about an alliance of open societies which wo…

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  2. It's more difficult, you know, to bring about positive change than it is to make money. It's much easier to make money, because it's a much easier way to measu…

    Permalink to quote #23
  3. Each state is guided by its interests, not by some nebulous concept of common interest. And not many states are even democratic. So, you have a problem with th…

    Permalink to quote #20

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