SOCIAL

ENTREPRENEURSHIP

2/1/20XX 1
2
 What is a
Social Entrepreneur?
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.
Presentation Title 3
The Social Entrepreneur

SOCIAL ENTREPRENEURSHIP

is a growing trend alongside socially responsible (SRI) and ESG Investing.

4

Ultimately, whether they’re
building a charitable
organization or want to find a way
to embrace a capitalistic approach
to doing good, social entrepreneurs
share certain qualities and goals.
Putting Conscience
to Work
S o cia l e ntrep re ne u r ship i s a br oa d co n ce pt th at
c o mp ri se s s eve ral dif fer ent a pp ro a ch e s, all with an
u n de rlyin g de si re t o af fe ct po si tive ch a n ge f or
s o ci ety a s a w h ole. M o st s o ci al e ntre pr en e ur s h ave a
p a r tic ula r focu s o n m arg i n a l i ze d a nd ex p l o ited
p o p u l a t io n s, i n cludi ng th e po o r, the si ck, the
v uln era bl e a nd the def en sele s s . Ra th er th an sim ply
s itti ng ba ck an d watchin g so ci al i nju s ti ces a nd l ar ge -
s c a l e tra ge dies u n fold , so cia l en tr ep re neu r s tra n slate
t hei r fe elings o f grief, s y mp athy, a n d d e sp a ir
in to a ct i o n . Th er e’s a c o m bin ed s e n se o f in n ovation
a n d so ci al re s po n sibility b ehi nd ea ch e n de avor i n
t h i s ca te g o r y.
5
Forms of Social
Entrepreneurship Clearly, social
entrepreneurship is not a
one-size-fits-all
designation for a specific
type of activity. There
are different types of
entrepreneurs and
entrepreneurship that
fall under the umbrella of
social innovation .
 A community project is a
relatively small-scale effort to
address an issue within a specific
community. Social, environmental
and economic issues are the
primary focus of most community
projects, but the interpretations of
what this means can be quite
broad. Anything from an effort to
build a community garden in an
affluent suburb to the organization
Community projects are one of the best examples of of a volunteer fire department in a
the idea that anyone can be a social entrepreneur. You poverty-stricken rural area can fall
don’t need a business degree, power or connections to under the umbrella of a social
entrepreneurship community
affect change where you live. All you need is
project.
the entrepreneurial initiative, creativity, tenacity, and
commitment to see a project through to completion. 7
The exact structure of a non-prof it
organization is likely to dif fer based
on legal jurisdiction, but on the whole, non-
prof it organizations exist not to generate
revenue for shareholders and stakeholders
but to create an enterprise focused on a
specif ic cause. One common misconception
is that non-prof it organizations funnel all
the donations they receive into their
mission, but this isn’ t the case. Executive
leadership for large non-prof its can of ten
be quite well compensated; their income Aside from operations, though, nonprofits are bound by
generally isn’ t nearly as high as that of the duty and often by law to use the income they generate to
leader of a comparably sized organization in address issues relating to their mission. Non-profits may
the private sector, but nonprof its do spend focus on specific issues, such as the treatment of a rare
money on operational expenses like disease or their missions may be a bit more general and
salaries, marketing, and off ices. Any extra focused on broad categories such as social impact, early
revenue is put back into the organization’s
endowment or reinvested in other ways childhood education, women’s health, and cancer
rather than paid out to shareholders. research.
8
Peo ple w ho co me tog ethe r t o ad d re s s a s p e cif ic
nee d of ten form co -o pe ra tive g ro up s, o r co-
o p s. The se m em be r - ow n ed an d o p erated
e nter pri s e s us u ally fo cu s o n b a si c n eed s like
h o u sing or g r o cerie s . A cco rdi ng to the
Inter na tio nal C o - op erative Allian ce, c o-o p s are
“a uton omo u s a s s o ciatio n [s ] of per s o ns u nited
volu ntarily to me et th eir co mm on e co no mic,
soci al ne ed s a nd cultu ral n ee d s a n d a spi ratio ns
th ro ug h a joi ntly o wn ed a n d de mo cra tically
co ntrolle d ent er pri s e.” In m o st pla ce s, c o - o p s
h ave th eir ow n s p e cial leg al s pe cif i catio n s an d
r eq uir eme nts , a n d they can o pe ra te o n either
a n on - pr of it o r fo r - p rof it b a si s. In m o st ca s e s,
n o n- mem be r s ca n no t par ticip ate in the c o - op,
b ut a q ui ck a ppli ca tio n pr o ce s s i s u su ally all
tha t ’s r eq uire d t o join . M em be r s m ay be
r eq uir ed to p ay a m emb er s hip fe e to
cove r o pe ratio nal e xp en s es a n d th ey m ay also
b e re quir ed to pe r fo rm cer tain d utie s to keep
th e c o - o p u p a n d r u n n i n g .
9
Businesses that operate according to a specific social or
S o ci a l e nt e rp ri s e s typi ca l l y f o c u s on p r ovi di ng
charitable mission are known as social enterprises. These
businesses are often backed by a non-profit organization and a j ob s ki l l s tra i ni ng op p or t uni ty p r og ra m f o r
may exist to further that organization’s goal and opportunity.
For example, a charity that focuses on the health and well- ma rgi na l i ze d or vul ne ra bl e pe o pl e a n d may u se
being of senior citizens may start a weekly craft fair that allows p r o ce e ds f r om the b usi n e s s t o pay sa l a ri e s t o
seniors to sell carpentry projects, embroidery or baked goods
as a way of generating some income. p o pul a ti o n s s u pp or t e d by the n o n -p r of i t
o r g a ni za ti on or t o f und the n o n -pr o f i t ’s e f f o r ts
a s a me a n s of s uppl e me nti n g i n c ome thr o ug h
d o na ti o n s . S o ci a l e nt e rp ri se s ca n also
a ddre s s i ne q ua l i ty o r i n j u stic e ; o ne e x a m p l e o f
t hi s i s t he ca sin o s o pe ra t e d b y i ndi g e n o us t ri be s
i n N o r th Ame ri ca n c o mmuni ti e s w h o have b e e n
di spl a ce d fr om t he i r a n ce st ra l l a n ds b y c ol oni a l
g ove r n me n ts .

10
11
Understanding
Social
Entrepreneurs
A social entrepreneur might also
seek to address imbalances in such
availability, the root causes behind
such social problems, or social
stigma associated with being a
resident of such 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
The introduction of freshwater services, through the
construction of new wells for instance, to communities that
lack stable utilities of their own is another example of social
entrepreneurship. In the modern era, 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.
12
Thank
you

13