At the age of 40, he attained financial independence after creating a series of 16 successful businesses. Thereafter, he decided to retire and devote his life to social work.
Jack has been named the Schwab Foundation Social Entrepreneur and is an Ashoka Global fellow. Jack also sits on the World Economic Forum’s Global Agenda Councils (GAC) for Water Security and the GAC for Social Entrepreneurship.
Time Magazine named him Hero of the Environment in 2008.
WTO declared November 19 as World Toilet Day which is now been recognised as UN World Toilet Day.
In 2013, at the age of 56, he graduated with Master’s in Public Administration at Lee Kuan Yew School of Public Policy. At 59, he graduated from a Silicon Valley think-tank – Singularity University. He is now Adjunct Associate Professor at National University of Singapore and Social-Entrepreneur-in-Residence INSEAD.
In this episode, we talk about:
- Using the power of leverage in the world of social enterprise
- The pitfall of having a “definition”
- What Jack learned in Singularity University
- And much, much more
Please enjoy this episode with Jack Sim!
If you’ve only got 3 minutes, here’s a short video on (The Real Currency that You’re Spending is not Money)
- Listen to full interview on iTunes.
- Stream by clicking here.
- Download as an MP3 by right-clicking here and choosing “save as.”
Click more for the link and show notes…
Jack Sim on his childhood [00:10]
Why did Jack not do well in school? [01:50]
What are the different businesses that Jack started? [07:06]
Jack Sim shares advice on business [11:51]
Why did Jack turn to social work? [17:43]
Jack Sim shares his views on failures [21:47]
Jack Sim shares his experience on suicide counselling [23:58]
Jack Sim’s efforts to conserve old heritage buildings [27:37]
How did Jack start the Restroom Association [29:30]
Jack Sim shares lesson from Mechai, Mr Condom of Thailand [34:34]
The root cause of the sanitation problem [38:12]
Jack Sim shares misconception of social enterprise [39:06]
Jack Sim shares his leverage process for WTO [41:49]
The pros and cons of labels: NPO vs Social Enterprise [46:13]
Jack Sim on Singapore [50:15]
Jack Sim explains the Base of Pyramid (BOP) approach [53:02]
Why did Jack go back to study in the Lee Kuan Yew School of Public Policy? [56:59]
What did Jack learn from Singularity University [01:00:03]
How did Jack go about making multiple movies? [01:03:51]
The decision making process that Jack choose on the next idea or project to commit? [01:06:27]
Jack Sim shares the cornerstone of starting a movement [01:10:36]
Samaritans of Singapore, Suicide hotline
Mechai Viravaidya, Mr Condom of Thailand
A Series of Unfortunate Events (2004)
In Time (2011)
Everybody’s Business (2013)
Meet Mr Toilet
Thanks for listening!
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