All entrepreneurs are committed to creating
value, for social entrepreneurs value creation encompasses not simply economic
value but also social or public value, their overarching purpose being to make
a significant social contribution.
Just as entrepreneurship is rooted in a sense
of opportunity so too social entrepreneurship is rooted in a sense that the
limits of the actual system, is creating innovative opportunities for meeting
those needs of the people.
Needs that are best met by social
entrepreneurs committed to starting and building organizations that have a
demonstrable commitment to creating social as distinct from purely economic
value; organizations that make a difference to the communities and societies
from which they spring. Over the next decade this is a revolution that will
transform many of the institutions of our society and re-define our
understanding of entrepreneurship.
Where business entrepreneurs transform
industries, social entrepreneurs transform society. They see a problem -
poverty, hunger, injustice - and work to find an accessible, ethical, and
long-term solution.
Why it’s
important
It may seem idealistic, but social
entrepreneurism is actually quite practical. It marries concepts from the nonprofit
and for-profit worlds to improve conditions for people on local and global
levels. In doing so, it also creates jobs, stimulates economies, and leads to
the development of new goods and services.
The qualities
of a social entrepreneur
Social entrepreneurs are passionate,
creative, and determined. They are motivated by an inner drive to elevate their
communities - to pitch in and solve problems.
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