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  • 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.
    • Every world-changing initiative beings You vs.
    • The World. These are not great odds: ranging
    • from 1 to 1 combat (50%), up to 6 billion to 1 (a
    • % too small to write!)
    • In a parking lot fight, the most likely outcome is
    • that you’ll get your ass kicked!
    The Odds Are Stacked
  • 9.
    • No one pays you to change the world. You have
    • to be willing to work for free, in a position to
    • work for free, and/or, willing to forgo benefits
    • of getting paid: rent, food, car, phone, movies,
    • drinks out, vacations, financial flexibility,
    • security— at least while you’re getting started.
    The (Financial) Pay Sucks
  • 10.
    • We get attached to the way things are. Change
    • disrupts our stability for an unknown period of
    • time, which we dislike very much-- even if it
    • improves our situation long term. And because
    • we don’t like being uncomfortable, we don’t
    • always like people who shake things up.
    People Don’t Always Like You
  • 11.
    • Once shaken up, we never return to our prior
    • state. Trading what we know we like, for
    • something we're not sure we'll like, brings
    • the threat of loss if things blow up. The lowest
    • common demonimator response is, why risk
    • blowing things up?
    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 www.twitter.com/hundreddollar [email_address]