Friday, January 25, 2013

Entrepreneurship post

In order to advocate business at an international level that also benefits people in need, internationally, I would like to see a company come to life that will help the individual countries join hands in profit and non-profit exchanges. Markets unique to the countries can have the opportunity to spread their business abroad but under the condition that we all together help a non-profit organization specific to the country with our profits. 

For example, there is a well-known store in Bangladesh called Aarong and majority of their products are handmade. They have a branch in London, England as well. After converting the currency and balancing the price of the products, the profit that arises from consumption in an industrial country could give Bangladesh more money and enough money to spare for a non-profit organization such as Jaago, which helps underprivileged children with their education and health. 

This will not be like fair-trade because we won't be using the profits to fairly pay the manufacturers because these products don't even require difficult labor. The problem that I want to solve with this entrepreneurship idea, is that there are expensive businesses in developing countries that have great potential and are already highly successful economically but the surrounding community of their locations are suffering economically. These businesses could spread their business internationally and also create relationships between the industrial and developing countries in terms globally serving for the public good.