Social Entrepreneur: Conscious Companies | Benefit Corporations | Impact Investing

072, Sasha Dichter, Acumen | Impact Measurement with Efficiency, Speed and Rigor

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Sinopsis

Impact measurement is critical to success as a social entrepreneur. We become social entrepreneurs because we want to make an impact, but how do we measure our impact without detracting from our resources that are making an impact? Investors, business owners and customers can view our impact with different lenses, and therefore have completely different impact measurement needs. Impact measurement can be complex and resource-intensive, but does it have to be? Is there a better way? Sasha Dichter of Acumen has a better idea – lean data. Lean data uses short, simple surveys, delivered via mobile phone to assess whether or not people’s lives are better as a result of our products and services. While the idea of mobile phone surveys is not new, the availability of mobile phones around the world now makes this possible in the poorest regions. Impact Measurement Quotes from Sasha Dichter: “You ask any entrepreneur what the need most after the money, and it’s a great team.” “The ‘here’ where I am now did not rea