Question

Research and share examples of social entrepreneurship that inspire you the most?

How are these social entrepreneurs different than others?

Answer 1

Social entrepreneurship is the use of start up companies to develop, fund and implement solutions to social cultural or environmental issues. This concept is applied to variety of organisations with different aims and benefits.

Some examples of social entrepreneurship are

TOMS : the company applied it's one for one , concept to shoes. For every pair of purchaged TOMS shoes, the company denoted a a pair to needy child.

Grameen bank provides micro loans those need to help them financial self sufficiency. Founder Muhammed yunus received a noble prize for his work in2006.

Badala.org is founded by Joelle NC namara. Badala .org is an e commerce site that creates jobs for African women by selling the products they make.

The primary difference between the business and social entrepreneurs is the purpose for setting up venture. Business entrepreneurs efforts focus on building a business and earning profits. The social entrepreneurship is purpose of creating social change.

The business entrepreneurs wealth is same as the profits. While Social entrepreneurs wealth also encompasses creation of social and environmental capital.

Profitability is important for social entrepreneurs being profitable help sustainability of vencherand work as mechanism for self monitoring.