The other day, I read a report about social entrepreneurs on BBC’s website. As a social entrepreneur myself, I was intrigued about how the concept was viewed by people in more conventional lines. As I read through the article, I couldn’t help but feel an affinity to the people who shared the same values as I did – how to make a living by directly contributing to the betterment of society.
A Social Entrepreneur is someone who starts a business that contributes positively to society or the environment. Of course, one can argue that all businesses contribute to society by creating jobs, generating economic growth, etc. But whereas conventional business models focus on profit first with any social benefit being incidental, the focus of the social enterprise is entirely different.
The social enterprise is first and foremost set up with the primary objective to contribute to society and (if possible) make a profit. You can identify a social enterprise by a few characteristics.
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