Social Entrepreneurship And Philanthrocapitalism


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Social Entrepreneurship And Philanthrocapitalism

  1. Social entrepreneurship & philanthrocapitalism: The job description and occupational hazards of changing the world. carolynn duncan
  2. The Job of a Social Entrepreneur Recognize a social problem and use entrepreneurial principles to organize, create, and manage a venture to make social change.
  3. Case Study: Majora Carter She developed the first open-waterfront park in 60 years in the South Bronx, and scored $1.25 million for a greenway along the waterfront.
  4. The Job of a Philanthrocapitalist: Take concepts and techniques from venture capital finance and high technology business management and apply them to achieving philanthropic goals.
  5. Case Study: Bill & Melinda Gates The BMG Foundation manages 818 employees, an endowment of $33.5 billion, and has deployed $22.61 billion ($3.0 billion in 2009).
  6. I will be spending the next 40+ years of my work life as an active social entrepreneur and philanthrocapitalist. I’m planning to tackle initiatives in economic and social/emotional security: Economic dev Family trauma Unemployment Child abuse Poverty Foster children Homelessness Orphans Mental illness
  7. the bad news: it’s definitely not going to be easy...
  8. <ul><li>Every world-changing initiative beings You vs. </li></ul><ul><li>The World. These are not great odds: ranging </li></ul><ul><li>from 1 to 1 combat (50%), up to 6 billion to 1 (a </li></ul><ul><li>% too small to write!) </li></ul><ul><li>In a parking lot fight, the most likely outcome is </li></ul><ul><li>that you’ll get your ass kicked! </li></ul>The Odds Are Stacked
  9. <ul><li>No one pays you to change the world. You have </li></ul><ul><li>to be willing to work for free, in a position to </li></ul><ul><li>work for free, and/or, willing to forgo benefits </li></ul><ul><li>of getting paid: rent, food, car, phone, movies, </li></ul><ul><li>drinks out, vacations, financial flexibility, </li></ul><ul><li>security— at least while you’re getting started. </li></ul>The (Financial) Pay Sucks
  10. <ul><li>We get attached to the way things are. Change </li></ul><ul><li>disrupts our stability for an unknown period of </li></ul><ul><li>time, which we dislike very much-- even if it </li></ul><ul><li>improves our situation long term. And because </li></ul><ul><li>we don’t like being uncomfortable, we don’t </li></ul><ul><li>always like people who shake things up. </li></ul>People Don’t Always Like You
  11. <ul><li>Once shaken up, we never return to our prior </li></ul><ul><li>state. Trading what we know we like, for </li></ul><ul><li>something we're not sure we'll like, brings </li></ul><ul><li>the threat of loss if things blow up. The lowest </li></ul><ul><li>common demonimator response is, why risk </li></ul><ul><li>blowing things up? </li></ul>Change Is Risky
  12. the dark side of change: instability dissonance & ambiguity awareness of painful realities anxiety and uncertainty failure & blame loss & grief the end
  13. so if changing the world is so risky and painful, why bother?
  14. Remember those problems mentioned earlier? Economic dev Family trauma Unemployment Child abuse Poverty Foster children Homelessness Orphans Mental illness … they’re real, and they’re very compelling.
  15. through social initiatives, we can address and solve these problems, on a case-by-case basis. An orphan finding a family. An unemployed person finding a meaningful job. An abuse victim becoming at peace.
  16. gifts of change: agility unlimited potential new strength, capacity freedom from the way things were momentum & enthusiasm space to explore a new reality
  17. though risky, social change allows us to use current resources to create new solutions, that end old problems
  18. It is possible to change the world, and it’s a job worth doing.
  19. questions or comments? contact me [email_address]