ServicesMembership DevelopmentTrainingAdvocacyAdvisoryMobilization of Financial resources
A common misconception is that any businessman, or anyone who starts a business, is an entrepreneur. But starting a business, according to economists Say and Schumpeter, is not the main component of entrepreneurship. Rather, entrepreneurship is concerned with stimulating economic progress through innovation and action.
The social entrepreneur’s philanthropic energies are channeled into business ventures, creating value in business so that consumers are willing to pay for the goods and services, and by doing so, the social entrepreneur earns a profit which is invested in the social venturesLadder
A Social Enterprise primary objective is to address social problems through a financial sustainable business model, where surpluses (if any) are mainly reinvested for that purpose.Variety of legal forms-unincorporated associations-trusts-Limited companies-some industrial and provident societies such as community benefit societies-Community Interest Companies-charitable incorporated organizations
-They understand that not every innovation will be a success, and they see failures as learning opportunities even as they strive for success.-Besides optimizing the use of existing resources, they actively expand their resource pool through collaboration with others.-Social entrepreneurs are accountable to their beneficiaries, and they often ask themselves.
How to be a social Entrepreneur
Where are You?
Want to help other people who are poor and teach them something beside profit
Look for friends and do something.NGOs & Private Companies: A Symbiotic Relationship in BoP BusinessWhile NGOs pursue social equity, private companies aim for scale and profits.In fact, both parties can form a powerful alliance to promote these dual aims
You have all the problems with you, solve them!!!Money is every where
Break the prison and be counted
Go where no one dared to dream
The chains of-CorruptionPovertyIlliteracyPoor HealthPoor leadershipPoor sanitation
Africa nazarene presentation
Economic and Social Empowerment of Youth Topic: Social Entrepreneurship Tuesday 6th December 2011 African Nazarene University Paul Kanyi Country Coordinator East Africa Social Enterprise Network email@example.com www.easenetwork.net
Today’s talk1. Who is an Entrepreneur?2. Who is a Social Entrepreneur?3. Difference between entrepreneurship and social entrepreneurship?4. Need for Social Entrepreneurs?5. Their Characteristics6. How to be an Social Entrepreneur
Social Entrepreneurs-The social entrepreneur harnesses entrepreneurship skills to do social good-Combines the passion of a social mission with an image of business-like discipline, innovation, and determination
Definition of “Social Enterprise” A social enterprise is a business with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners.
Social Entrepreneurship(1)What is it? What do they do? Applying practical, innovative and sustainable approaches to benefit society Focus on marginalized and poor Starting for-profit or earned-income ventures by not for profit organizations
Social Entrepreneurship(2)How different from NPO and NGO? NPO and NGO→ make social values mostly by donations. Social Entrepreneurs→ make social values mostly byBUSINESS . =SUSTAINABLE
Role of Social Entrepreneurs To develop employment To make social and environmental Innovation To create new goods and services To promote Equity To serve the poor and marginalised To open new areas To make financial models work for users To offer wider social benefits To Assist the government
Program areas of SocialEntrepreneurs1. Economic & Job Opportunity creation2. Community & Rural Development3. Environment & Nature Protection (Eco)4. Market & Microenterprise Development5. Institutional & Organizational Development
Examples of Social Entrepreneurs Prof Mohamad Yunus – Grameen Bank, Bangladesh Bill Drayton – Ashoka Foundation-Innovators for the public, USA. David Kuria – Ecotact Kenya (Ikotoilet), Kenya Ingrid Munro – Jamii Bora MFI, Kenya
What kind of people are they ? Can I be one of them? YES !!!
Characteristics of SocialEntrepreneurs (1) Social Catalysts Are visionaries who create fundamental social changes by reforming social systems and creating sustainable improvements. Socially aware Social improvement, as opposed to the creation of profit, should be the ultimate goal Opportunity-seeking Pursue their goals relentlessly, seeing every obstacle as an opportunity
Characteristics of Social Entrepreneurs (2) Innovative They are creative, willing to think outside the box and ready to apply ideas to new situations. Resourceful Acting boldly without being limited by resources currently in hand Accountable “Am I creating value for the people I am serving? Do I understand their needs?”
Social Intrapreneur Social entrepreneurs operating or running a social enterprise Exercise their influence as employees of social enterprises Often join social enterprise through employment and not starting social enterprise Often as creative as social entrepreneurs
Ways of becoming a Social entrepreneur Clarify your objectives - passionate about what you really believe in Strike the balance - social aims with business sense Research/Carry out a feasibility study Create a business plan and decide on your own business/legal model Start small, gain experience and build a track record Aim to be independent Work out what help you need …and where you can get it from
Ways of becominga Social entrepreneurMost importantly…Love your society & environment anddon’t give up to change it in a good way!!
See obstacles asOpportunities are always around us!