What is a Social Entrepreneur?

Social entrepreneurs drive social innovation and transformation in various fields including education, health, environment and enterprise development. They pursue poverty alleviation goals with entrepreneurial zeal, business methods and the courage to innovate and overcome traditional practices. A social entrepreneur, similar to a business entrepreneur, builds strong and sustainable organizations, which are either set up as not-for-profits or companies.
A social entrepreneur is a leader or pragmatic visionary who:
Achieves large scale, systemic and sustainable social change through a new invention, a different approach, a more rigorous application of known technologies or strategies, or a combination of these.

Focuses first and foremost on the social and/or ecological value creation and tries to optimize the financial value creation.

Innovates by finding a new product, a new service, or a new approach to a social problem.

Continuously refines and adapts approach in response to feedback.

Combines the characteristics represented by Richard Branson and Mother Teresa.

Add a Comment

Your email address will not be published. Required fields are marked *