Changing the world through high-impact entrepreneurship

We have all heard or read about the high-impact ventures of the billionaire Elon Musk. On one hand, we have Tesla, a company that’s? trying to change an entire industry. And on the other hand, SpaceX, a company that has changed the rules of the game in a very specific sector of society in a very short period of time.

While both are examples of disruptive ideas that are currently moving the needle in the global economy, it is important to understand that these are striving to transcend and become important milestones in world history. But what do we mean by high-impact entrepreneurship?

The Alliance of High-Impact Investment in Mexico (ALLMX) points out that impact investing optimizes risk, returns, and has a positive effect on people and the planet. Those who seek this type of investment do so by setting social, environmental and financial goals, and, above all, by measuring their impact.

In this context, I would like to paraphrase Sir Ronald Cohen, known as the "father" of impact investing and founder of the Global Steering Group for Impact Investment. "We must embrace measurable impact as the driver of every investment, business, and policy decision we make. This is the unseen core business”.

• For having the intention to make a positive impact in different societies.
• Good financial returns.?
• They provide the capital to meet the challenges that affect us all, such as the UN Sustainable Development Goals (SDGs).

So what should such a company consider? Quite simply, for these companies to transcend and spearhead, the leaders must? contemplate various aspects and/or principles, among them:

• That there is governance where there is traceability, where decisions are made consciously in all senses.
• Act or think in favor of the environment.
• There is a socially oriented way of thinking.?

How are we doing in Mexico??

The country is experiencing a unique moment in its history. Currently, and after a health crisis, entrepreneurs have managed to understand the importance of thinking about and addressing the current and future needs of their communities. Therefore, capital funds must begin? to recognize these high-impact ventures to invest in companies that are about to change the history of the sector.

According to the Mexican Association of Entrepreneurs (ASEM), 41.4% of entrepreneurs in our country are young adults between the ages of 26 and 35, which is why we need to focus on high-impact ventures driven by this sector of the population.

In this context, we can understand that disruptive ideas can come from young minds. We, as those responsible for the health of the entrepreneurial ecosystem, have the task of identifying and growing companies and adding them to the current and future solid portfolios, always looking for the good of the communities in all senses, from economic to social and even environmental.