Did you know that a social enterprise is any organization or business that uses market-oriented production and sales of goods and/or services to solve a social problem?
There are two important characteristics in social entrepreneurship. The social process and the social purpose within an organization. In the middle between these factors, lives the intention of the entrepreneur that drives success within the social enterprise. (The Holy Grail of Social Entrepreneurship diagram at the bottom of this post visualizes this).
“When our grandchildren ask us where we were when the voiceless and the vulnerable in our era needed leaders of compassion and purpose, I hope we can say that we showed up, and that we showed up on time.”
– Gary Haugen, Founder of International Justice Mission
Have you ever been inspired to solve a growing problem in your area? The typical social entrepreneur can be an organization, group, or even you.
Breakdown: Social Entrepreneurship in a Nutshell
Social Enterprise is any organization or business that uses market-oriented production and sales of goods and/or services to solve a social problem.
Social Innovation is a new idea, incremental or transformative, that seeks to solve a social challenge in society.
Social Entrepreneurship creates effective solutions towards social challenges within a community. It’s the reaction towards an unsolved need in the market, and the action of building an answer that benefits everyone with the same problem.
If you happen to have a business along with a balance of these two points, you may consider identifying as a social entrepreneur!
We’re happy to help. Now Creative Group is a team passionate about supporting individuals to organizations reach a positive impact to the world. Join us at nowcreativegroup.com and nowcreativegroup.com/social-good.