Social entrepreneurs are big-hearted personalities who look beyond the pursuit of profit by establishing novel initiatives with the potential to solve community problems. The socially responsible approach focuses more on establishing a business for social good.
Some of the ethical practices brought to the limelight, as a result, include impact investing, corporate social responsibility (CSR), and conscious consumerism.
Successful social entrepreneurs are often celebrated for coming up with bright ideas, products, and services that transform people’s lives. Due to the numerous positive attributes, social entrepreneurship has attracted a lot of public scrutiny, big money, and the very best talents.
Below are four inspiring tips on becoming a successful social entrepreneur:
Operate the non-profit venture as you would a for-profit venture
Some social entrepreneurs are keen on running profit-making businesses while others are not.…Continue reading