Genvizion: Creating Global Connections through Collaboration
At the Wharton Global Youth Program, our mission is to expose high school students to the vast world of business. However, we've discovered that some students begin their exploration long before they reach our program. From elementary school, they understand the impact of business on their lives and how they can engage with it to make a difference. Christina Kontomichalou, this month's guest on Future of the Business World, exemplifies this entrepreneurial spirit. She started her journey towards social entrepreneurship and impact investing at just 10 years old and has continued to make a difference ever since.
Christina shares her story with us, discussing her social movement for youth called Genvizion, her passion for global citizenship, and her achievement as the co-Grand Prize Winner in the Global Youth Comment and Win Contest. Genvizion, a combination of Christina's background and curiosity, aims to understand and address challenges rather than simply patch them. Through collaboration and the power of youth voices, Genvizion has become a comprehensive platform for young people to have a voice and create positive change.
Championing Global Citizenship
One of Genvizion's core values is championing global citizenship. To Christina, being a global citizen means transcending borders and understanding our interconnectedness. It involves keeping an open mind, collaborating across cultures, and working collectively to solve global problems. This mindset is crucial for entrepreneurship and innovation, as it allows for the exploration of diverse perspectives and the development of creative solutions. Through Genvizion, Christina and her team aim to foster collaboration and create synergies that can drive positive change.
The Journey of Genvizion
Genvizion started as a series of initiatives focused on impact investing and sustainable finance. However, it has evolved into much more. By sharing their voices and supporting young entrepreneurs, Genvizion has become a movement that goes beyond financial transactions. The organization now offers educational resources through their blog and is developing an upcoming council. At its core, Genvizion is a community that encourages youth-led problem-solving and aims to make a lasting impact.
The Power of Impact Investing
Impact investing, according to Christina, is a form of investing that aims to generate both financial returns and positive social and environmental impact. Contrary to common misconceptions, impact investing has shown that financial returns and positive impact can go hand in hand. Genvizion's impact fund raises funds through various events and collaborations, which are then allocated to young entrepreneurs and organizations through an application process. By supporting these aspiring changemakers, Genvizion aims to demonstrate that finance can be a tool for creating both wealth and positive change.
The Genvizion Global Council
One of Genvizion's newest projects is the Genvizion Global Council, which invites youth from different regions to represent their communities. This council plays an essential role in ensuring that Genvizion's initiatives align with the voices and needs of young people around the world. By providing representatives with the opportunity to share their perspectives, Genvizion can better focus its priorities and drive change that resonates with youth from diverse backgrounds.
The Vision for Genvizion
Christina's vision for Genvizion is to be a platform and voice for youth, representing their interests and bringing innovation to solve global problems. She believes in the power of collaboration and the fundamental agreement among young people to better our future and find solutions to the challenges we face. Genvizion aims to foster this connection and empower young people to make a difference in their communities and the world.
In conclusion, Genvizion serves as an inspiring example of how young entrepreneurs can create global connections through collaboration. By championing global citizenship, embracing impact investing, and providing a platform for youth voices, Genvizion is paving the way for positive change. With Christina's leadership and the passion of the Genvizion community, the organization is poised to make a lasting impact on the world.
Implications of Genvizion's Approach for the US Business Market
The emergence of organizations like Genvizion, championing global citizenship and fostering youth-led innovation, could significantly impact the US business market, particularly for new companies. Christina Kontomichalou's vision of transcending borders and understanding our interconnectedness is a wake-up call for businesses to adopt a global perspective, even at their inception. This global mindset could enable new companies to tap into diverse markets, leverage international collaborations, and develop creative solutions to global problems.
Impact Investing: A Game-Changer for New Companies
Christina's emphasis on impact investing, which aims to generate both financial returns and positive social and environmental impact, could revolutionize the way new businesses approach finance. This form of investing could provide new companies with a sustainable source of funding while also allowing them to contribute positively to society. It challenges the traditional notion that businesses should solely focus on financial gain, encouraging them to consider their broader impact on society and the environment.
Empowering Youth: The Future of Business
Genvizion's focus on empowering youth and providing a platform for their voices could have profound implications for the future of business. Young people are not just the leaders of tomorrow; they are innovators and change-makers today. By embracing this reality, new businesses can harness the creativity, energy, and unique perspectives of the younger generation, driving innovation and positive change.
In conclusion, Genvizion's approach offers valuable insights for the US business market, particularly for new companies. By adopting a global mindset, embracing impact investing, and empowering youth, businesses can position themselves for success in an increasingly interconnected and socially conscious world.
Original Story By: Kellogg School of Management at Northwestern University