One example of social entrepreneurship is
microfinance institutions
. These institutions provide banking services to unemployed or low-income individuals or groups who otherwise would have no other access to financial services.
- URVASHI SAHNI. …
- HARISH HANDE. …
- JEROO BILLMORIA. …
- ANSHU GUPTA. …
- SANTOSH PARULEKAR. …
- SUMITA GHOSE. …
- AJAITA SHAH. …
- TRILOCHAN SHASTRY.
Social entrepreneurship is
the process of recognizing and resourcefully pursuing opportunities to create social value
. Social entrepreneurs are innovative, resourceful, and results oriented. … “What business entrepreneurs are to the economy, social entrepreneurs are to social change.
I agree that
everyone
has the capacity to become a social entrepreneur, which I define as someone who works to address social and environmental problems using entrepreneurial principles, but who measures his/ her success based on social impact rather than profit.
What is Social Enterprise example?
Aravind Eye Care
is one of the earliest examples of a social enterprise model at work. This renowned Indian organization is designed to let people pay what they can. Aravind provides cataract surgery and other eye care services to any one who comes for it regardless of their ability to pay.
Understanding Social Entrepreneurs
One example of social entrepreneurship is
microfinance institutions
. These institutions provide banking services to unemployed or low-income individuals or groups who otherwise would have no other access to financial services.
Bill Drayton, founder and CEO of Ashoka
, literally coined the term “social entrepreneur” when he founded the nonprofit back in 1980, almost 40 years ago.
Mark Zuckerberg is the founder,
chair, and CEO of Facebook (FB)
. Here's how he built the vastly successful social media business.
- The Community Social Entrepreneur. This entrepreneur seeks to serve the social needs of a community within a small geographical area. …
- The Non-Profit Social Entrepreneur. …
- The Transformational Social Entrepreneur. …
- The Global Social Entrepreneur.
What are the 4 types of entrepreneurship?
It turns out that there are four distinct types of entrepreneurial organizations;
small businesses, scalable startups, large companies and social entrepreneurs
. They all engage in entrepreneurship.
- Bill Drayton.
- Rachel Brathen.
- Shiza Shahid.
- Blake Mycoskie.
- Scott Harrison.
- Muhammad Yunus.
- Jeffrey Hollender.
Belief: Social entrepreneurs
have to believe in themselves and their business
. They also need to have a profound confidence in the solution they are developing to make a social impact. … Often, social enterprise founders are people who have a particular passion for a specific cause or a related field.
- Find your passion. Social entrepreneurs believe and trust that a first step can lead to change. …
- Build a team culture. …
- Get started. …
- Keep at it (how to stay motivated and persevere in difficult times) …
- Fund your venture and grow organically. …
- Scale up.
In simple terms, a social enterprise can be defined as
a business that ploughs its profits back into a strong social or environmental mission
– i.e. trading to create benefits for people and planet.
Let's take a closer look at one of these companies. San Francisco based Good Eggs is one
of our favorite companies with corporate social responsibility
, because its founders programmed in a social entrepreneur mission from day one. The company's mission is to grow and sustain local food systems worldwide.
- Have a clear public or community mission (social, environmental, cultural or economic) that is part of the governing documents. …
- Generate the majority of its income through business activities. …
- Reinvest the majority of its profits into achieving the public / community mission.
