Seth Godin on the Acumen Fund

I liked the way Seth Godin talked about the Acumen Fund. He broke it down in a way that explained how education and factories have played a part in income throughout history and Acumen has incorporated this into its mission. I also felt he was being very real with us. He talked about all the benfits Acumen creates without writing a blank check. He showed us why Acumen is the best way to break the cycle of poverty, as opposed to government help: Help from the government is equivalent to a blank check. Those in poverty don't need this. Instead, they need people to meet them where they're at so that they can independently improve their lives.

We don't have enough money to be doing it the government way; there's only so many blank checks a nation can write. This type of help isn't a transaction in which both sides are profitting, which is why it sounds so unappealing to large corporations. The needy are recieving while wealthy are losing. But Acumen, on the other hand, creates a profit while helping the needy create a better lifestyle for themselves. In this way, the people receiving the help are less dependant and have an improved sense of life. In this way, the cycle of poverty can be broken as people are helped out of their seemingly hopeless situations and into a profitable, cleaner, healthier and educated lives.