About this site

There’s a mantra in my family, which is notoriously good at losing stuff: when you’re searching for something that’s missing, Look Under Things.

So: I really want to start a social business. And it doesn’t seem so hard – just bring a great new idea to the table, network the hell out of it, be charismatic, and people will shower you with funding, partnerships, training and awards. But we seem to gloss over one tiny detail: coming up with the great new idea. This blog is an attempt to document my learning, pondering and whining as I search every nook and cranny - in my head and around the world - for a social venture to invest myself in.

Friday, June 24, 2011

And now, to Nicaragua

Oh, hey there blog.  It's been a while.  A year and a half, to be precise.  Sorry about that - business school turned out to be a little busier than expected.  But now that I'm back in developing country land, it seems only reasonable to start you up again for the moment.

The 5-second update is that I've been in my first year of the MBA program at Duke's Fuqua School of Business for the past 9 months.  I'm concentrating in Social Entrepreneurship and Finance, participating in way too many extracurriculars, and taking advantage of every possible opportunity to go abroad.  That has manifested itself in a two-week consulting trip to Brazil over spring break, and now my internship at an impact investing firm in Nicaragua called Agora Partnerships.

I'll save the long detailed update on Agora and my work for later, and for now will suffice with periodic random musings about life in Managua.  Up first: the fascinating life stories of taxi drivers.

It seems that there are two types of cab drivers in Managua: super sketchy and super overqualified.  The other interns and I have been warned over and over about the dangers of taking unknown cabs from the street in Managua (which we do anyway), so it's safe to say that there are a lot of bad cabs out there.  At the same time, the economic situation here has worsened so steadily over the past few years that unemployment has taken its toll, particularly on the higher educated sector of the workforce.

Unemployment in Nicaragua

The result: people with PhDs driving taxis to make a living.  In the past week I've met an agricultural engineer, a doctor, and a dance instructor who spent three years in San Francisco.  Fascinating, vibrant people with amazing life stories, but rough times.

I'll pontificate more later on what this overqualification issue means for entrepreneurship and innovation in the Central American economy, since that's what I'm working on every day.

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