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While the definition of a Social Entrepreneur, whether using a for-profit or not-for-profit model, remains up for debate, some basic characteristics of these individuals have emerged. Author Jason Haber, in his book "The Business of Good", explores each of these prevailing characteristics in detail.
Social Entrepreneurs are determined to solve societal problems, whether previously tackled or not, at the roots. They use a combination of Hope: believing that these are ultimately solvable problems, Audacity: daring to believe they will succeed on a massive scale, Disappointment: channeling their belief that these problems should have been solved by others before them, into energy for the work required, Ingenuity: using innovative strategies to disrupt current problem solving models to find better solutions and Tenacity: persevering with unwavering optimism, believing they will succeed despite obstacles and naysayers.
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Social Entrepreneurship
Spotlight
Social Enterprise: Reaching Out to the Private Sector for Help
John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.