From Idea to Impact: How Can Startups Create a Lasting Change
Bakksy's Impact on UN Sustainable Development Goals
Having access to investing – means being able to achieve financial goals and become financially independent. We at Bakksy want to ensure everyone has access to this, not professional investors only.
By creating an investment app of the new generation, we are getting closer to some of the UN Sustainable Development Goals (SDGs):
Goal 4: Quality Education
We don’t just give tools to invest. We give knowledge. Our education chatbot guides novice investors through basic investing concepts, explained in plain English with easy-to-understand metaphors, jokes, and references to well-known movies and companies.
In addition, our in-app education offers constant tips, hints, and life hacks that can help novice investors create a balanced portfolio that generates income, rather than putting everything into the most popular startup and risking losing it all in a few days.
Goal 8: Decent Work and Economic Growth
Improving financial literacy and promoting investing can have a significant impact on both personal finances and the economy. A better-informed population can manage their finances more effectively, leading to greater financial stability and growth on a national and global scale.
Small steps can make a significant difference in the world. By educating one person about financial basics, we can empower them to achieve their financial goals, such as generating a passive income or saving for a home or education. By scaling this approach, we can make a lasting impact on the world by improving the lives of many.
Goal 10: Reduced Inequalities
Investing is often seen as complicated and only accessible to those with a lot of money and knowledge. This creates inequality and excludes many people from the benefits of investing.
We want to change that by providing accessible education and creating an investment model with a low entry threshold. Anyone can start investing with as little as 2 euros and minimal knowledge. We'll guide and support them every step of the way to ensure their success.
Final Thoughts
The phrase “It’s just business” used to be enough, but times have changed. Business is no longer just about making money; it's about so much more.
If you're starting a business in 2023, it's not just about the product or service you offer. It's about the impact you have on people, the environment, and the world as a whole. To create a business that lasts, you can't just be in it for the money. You have to offer solutions to people's problems, make their lives easier, and contribute to a better world. Only businesses that care about others, not just themselves, will thrive in today's world.
One way to test if your business is truly making an impact is to ensure that it aligns with the UN Sustainable Development Goals (SDGs).
At Bakksy, we are focused on making investing accessible to everyone. By combining education with constant access to investments, we are introducing the masses to the world of investing. Our goal is to give everyone the opportunity to become financially independent and confident in their present and future, while also creating a better world for all of us.
