SOCIAL ENTREPRENEURSHIP: WHAT, WHY & HOW

WHAT

“A social enterprise is a type of business where the bottom line and success metrics are measured in more than just profits. Instead, social enterprises typically measure success based on a triple bottom line:

  • People: The social impact of your business, and your ability to change lives and develop a community in a sustainable way.
  • Planet: Your environmental impact; how you contribute to a sustainable planet or reduce the carbon footprint (CO2 emissions) of your business and customers.
  • Profit: Like traditional businesses, they need to make make money in order to sustain themselves, pay workers and grow as an enterprise.”

 

– Social Entrepreneurship: How to Harness Business to Make the World a Better Place

 

WHY

“During the next 50 years, the greatest wealth creation on earth will be driven by leaders who develop solutions for humanity and/or the planet”. 

– Stuart M. Williams, Founder of In Place Impact

 

HOW

HOW TO START A SOCIAL ENTERPRISE

ESSENTIAL RESOURCES:

LEARNING RESOURCES

SUPPORT NETWORKS & RESOURCES

  • Social Enterprise Alliance
  • Ashoka – Ashoka Fellows receive a living stipend, allowing them to work full time on their social enterprise.
  • Echoing Green – provides fellowships and other innovative leadership initiatives
  • Skoll Foundation – the Skoll Foundation drives large-scale change by investing in, connecting, and celebrating social entrepreneurs and the innovators who help them solve the world’s most pressing problems.
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