Reading Reflection #2 - 21A
The premise of this book is the chronological progression of Muhamed Yunus, the inventor of micro finance, from poor Bangladeshi to Nobel Peace Prize recipient. This man, though born in extreme poverty and possessing no foreseeable advantage, worked tirelessly through school to get into Dhaka University and then managing to obtain the Fulbright scholarship to attend Vanderbilt University here in the states. He got his PhD from that school and went on to become the head of economics at a university in Bangladesh.
This book taught me that no matter your social standing or your current wealth, any investment can be made on your future if you put your proverbial back into the work. With grit and determination and instruction from this class, you can come up with an idea that is sound and can be carried out to success.
The exercise I would design is to enhance your horizons to include international business. Most students would only be concerned with conducting business here in the states, but many countries overseas are experiencing amazing development in GDP and standing in the world. As a result, there are numerous possibilities here in the states, but thousands more overseas.
The biggest surprise was that this man, though brilliant in his field and deserving every right to make himself wealthy, chose to help the people of Bangladesh by getting small loans with very low interest and financial teaching. I originally expected Yunus to have been a businessman only concerned with his own success.
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