full transcript
From the Ted Talk by Jacqueline Novogratz: Patient capitalism
Unscramble the Blue Letters
Well, in looking around for entrepreneurs, there was none better that we could find on eatrh than Anuj Shah, in A to Z manufacturing company. It's a 40-year-old company, it understands micnnutfaraug. It's gone from socialist tnzaania into capitalist Tanzania, and continued to fsliruoh. It had about 1,000 employees when we first found it. And so, Anuj took the entrepreneurial risk here in acrifa to produce a public good that was purchased by the aid establishment to work with malaria.
And, long sotry short, again, they've been so successful. In our first year, the first net went off the line in oecbtor of 2003. We thought the hitting-it-out-of-the-box number was 150,000 nets a year. This year, they are now producing eight million nets a year, and they employ 5,000 people, 90 percent of whom are women, mostly unskilled. They're in a jonit venture with Sumitomo. And so, from an enterprise ppsevtcerie for Africa, and from a public health perspective, these are real successes.
Open Cloze
Well, in looking around for entrepreneurs, there was none better that we could find on _____ than Anuj Shah, in A to Z manufacturing company. It's a 40-year-old company, it understands _____________. It's gone from socialist ________ into capitalist Tanzania, and continued to ________. It had about 1,000 employees when we first found it. And so, Anuj took the entrepreneurial risk here in ______ to produce a public good that was purchased by the aid establishment to work with malaria.
And, long _____ short, again, they've been so successful. In our first year, the first net went off the line in _______ of 2003. We thought the hitting-it-out-of-the-box number was 150,000 nets a year. This year, they are now producing eight million nets a year, and they employ 5,000 people, 90 percent of whom are women, mostly unskilled. They're in a _____ venture with Sumitomo. And so, from an enterprise ___________ for Africa, and from a public health perspective, these are real successes.
Solution
- joint
- earth
- africa
- tanzania
- manufacturing
- flourish
- october
- perspective
- story
Original Text
Well, in looking around for entrepreneurs, there was none better that we could find on earth than Anuj Shah, in A to Z manufacturing company. It's a 40-year-old company, it understands manufacturing. It's gone from socialist Tanzania into capitalist Tanzania, and continued to flourish. It had about 1,000 employees when we first found it. And so, Anuj took the entrepreneurial risk here in Africa to produce a public good that was purchased by the aid establishment to work with malaria.
And, long story short, again, they've been so successful. In our first year, the first net went off the line in October of 2003. We thought the hitting-it-out-of-the-box number was 150,000 nets a year. This year, they are now producing eight million nets a year, and they employ 5,000 people, 90 percent of whom are women, mostly unskilled. They're in a joint venture with Sumitomo. And so, from an enterprise perspective for Africa, and from a public health perspective, these are real successes.
Frequently Occurring Word Combinations
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patient capital |
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start listening |
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public health |
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social investors |
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east africa |
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long story |
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aid establishment |
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public sector |
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Important Words
- africa
- aid
- anuj
- capitalist
- company
- continued
- earth
- employ
- employees
- enterprise
- entrepreneurial
- entrepreneurs
- establishment
- find
- flourish
- good
- health
- joint
- line
- long
- malaria
- manufacturing
- million
- net
- nets
- number
- october
- people
- percent
- perspective
- produce
- producing
- public
- purchased
- real
- risk
- shah
- short
- socialist
- story
- successes
- successful
- sumitomo
- tanzania
- thought
- understands
- unskilled
- venture
- women
- work
- year