Social entrepreneurship is a powerful tool for driving development and change in countries around the world. However, entrepreneurs need to understand how to get the most from their enterprises to maximise impact. In general, social entrepreneurs follow unconventional routes and forge their own paths through the business world, which can become overwhelming. Remember that you are not in it alone. Entrepreneurs should not hesitate to ask for help, whether from friends, for-profit leaders, professors, or colleagues.
2. Introduction
Social entrepreneurship is a powerful tool for driving
development and change in countries around the
world. However, entrepreneurs need to understand
how to get the most from their enterprises to
maximise impact. In general, social entrepreneurs
follow unconventional routes and forge their own
paths through the business world, which can
become overwhelming. Remember that you are not
in it alone. Entrepreneurs should not hesitate to ask
for help, whether from friends, for-profit leaders,
professors, or colleagues.
While entrepreneurship is about the numbers, social
entrepreneurship is about change.
3. Social Entrepreneurship
Social entrepreneurs need to be their own
evangelists and share whatever success stories they
have. Inspiration is contagious, and the more people
who believe in the cause, the more people will be
willing to support it.
In the end, business is business, and nonprofit
companies should operate like for-profit
organisations. While these ventures typically do not
generative revenue, meticulous accounting and
investment in advertising are essential for success.