Advice For the Social Entrepreneur

The social entrepreneur usually has big dreams, including making a difference in the lives of the underprivileged, giving back to society, championing a cause and making it big.

Yet they also have to contend with reality, and this can be a difficult balancing act. The first thing to keep in mind is that business is about profit first, and everything else follows. In a social enterprise, focusing on the commerce aspect becomes more difficult because the words social and profit are often at odds.

Social entrepreneurs must bridge this gap by focusing on developing products and services that are commercially strong, give value for the money and move off shelves quickly. There are endless possibilities, from garbage disposal and recycling to helping struggling handicraft makers and artisans, as you choose your target groups (beneficiaries) who you will partner with to develop products and services.

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Related posts:

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  3. Ashoka’s Vision For the Social Entrepreneur
  4. Social Entrepreneurship Funding Advice
  5. Advice on Non Profit Social Networking

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