A social entrepreneur is a person who pursues novel applications that have the potential to solve community-based problems. These individuals are willing to take on the risk and effort to create positive changes in society through their initiatives.
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Social Entrepreneurship and Sustainability
While most entrepreneurs are motivated by the potential to earn a profit, the profit motive does not prevent the ordinary entrepreneur from having a positive impact on society.
Examples of social entrepreneurship include microfinance institutions, educational programs, providing banking services in under-served areas and helping children orphaned by epidemic disease. Their efforts are connected to a notion of addressing unmet needs within communities that have been overlooked or not granted access to services, products, or base essentials available in more developed communities.
The main goal of a social entrepreneur is not to earn a profit, but rather to implement widespread improvements in society. However, a social entrepreneur must still be financially savvy to succeed in his or her cause.
How Social Entrepreneurs Take Action?
Social entrepreneurship may be combined with technology assets such as bringing high-speed internet connectivity to remote communities, with the intent to provide school students with more access to information and knowledge resources.
Social entrepreneurship is a way to connect you to your life's purpose, help others find theirs, and make a difference in the world, all while eking out a living.
The development of mobile apps that speak to the needs of the community is another way social entrepreneurship is expressed. This can include giving individuals ways to alert their city administrations to such problems as burst water mains, downed power lines, or patterns of repeated traffic accidents. There are also apps created to report infractions committed by city officials or even law enforcement, giving a voice to the community through technology.
In the other hand, for a social enterprise to make an impact in the world, it needs a solid foundation based on sustainability. When business looks at sustainability, they are looking at a balance of three domains: financial sustainability, environmental sustainability, and workforce sustainability–fair labor practices that support a workforce.
There are a number of innovative startups who are using a model of sustainability to grow a social enterprise that addresses environmental stewardship.
In the situation in which we find ourselves today, social and sustainable projects are essential to guarantee our future and that of our children.
Today is a good day to start your social project, let us help you!