Poverty is not a moral failing; poverty is a complex condition that can be defeated.
Proper planning is at the heart of business success. Find out why.
Businesses are built one step at a time. Learn how you can start with available resources and grow your business over time.
Did you know that in the USA more than 50% of businesses fail within the first five years? What are the lessons that make for success in business?
This last week a cyclone devastated parts of Mozambique and Zimbabwe. And we have all read about other emergencies during the last year. The needs there right now are for relief: food, medical supplies, and temporary shelter.
Imagine what it would be like to face a disaster if you had almost no savings. What if your whole family only had $5-10 in savings?
Short-Term Versus Long-Term Approaches
Five Talents serves the world’s most poor through development. Development is a long-term approach that equips community members to be self-sufficient and resilient, to be better prepared to make it through extremely difficult times when a storm, a drought, or even a war make it seem impossible to recover.
Even in the poorest places in the world, members of Five Talents savings groups start new businesses and increase their savings, which makes them more resilient.
So, like hand and glove, both development and relief are critical.
Do you appreciate the value of honest, local business?
Building a successful business requires smart analysis, wise planning, and targeted sales. Learn how Five Talents is helping women around the world become business owners.