Hey India

Social Entrepreneurship has been in our economy since historic times. They may not have been recognized properly with that term, social entrepreneurship, but what some other people from historical times had done can be considered as an action that pursue to solve social problems. Social Entrepreneurship had already been defined in several books, however, in the book, Social Entrepreneurship: What Everyone Needs to Know, social entrepreneurship had not only been defined but had also discussed the very origin of not just the term itself but as well as the actions that some people from historical times had done that can now be seen as a model or example of social entrepreneurship.

Social entrepreneurship which has been applied in so many different ways by so many different analysts that it’s depth of vast complexity is still being unraveled and it seems it is still in infancy. It is a multi-interpretable concept and although the use of the term is widespread its use is either overrated or misused. Hence, it is important to firstly understand what social entrepreneurship really is.

Michelle Ellena, MA in Social Entrepreneurship and Change, Graduate School of Education and Psychology, Pepperdine University. Correspondence concerning this article should be addressed to Michelle Ellena at mellena@pepperdine.edu

Social entrepreneurship is not new, but phenomenon blossomed over the past 20 or so years. Exact figures for the number of social entrepreneur are difficult to verify, but estimates number in tens of thousands working around the world.

A) A real entrepreneur can take an idea and that can be change in to a service or product according to the needs of certain population. Because of this characteristic economists said that “entrepreneurship is becoming an important agent in the growth and wellbeing of the society”.an entrepreneur is motivated by family or society. They offer new completion and also promotes improved productivity. They can recognize and resolves social problems on a large scale. To create social value entrepreneurs act as a change agent for the society like designing and distributing new approaches. Entrepreneur react very quickly and effectively to the change so that they can take the advantage of opportunities. If they can’t capable of quick action it will be result on their process and success. Social entrepreneurs are stepping to solve the problems.

Extreme poverty has a globally negative impact. 4Green funds seek venture philanthropy pioneers who understand that positive social impacts are as valuable as financial returns.

I think Social responsibility has a key role in establishing a company’s business model. When operating a business, a company must contemplate the social responsibility behind their business when making their business model. Where do their responsibilities lie, what fits with their business plan, and how much investment can they really declare to their shareholders, that

One of the most common challenges that my department faces within in the organization is the understating of what a social enterprise is. It is important to familiarize our employees on how a social enterprise supports Benevilla mission of cultivating caring communities. Benevilla is a human service organization that provides assistance to people in the community. Birt’s Bistro is defined as a social enterprise because it provides a gathering place for people in the community and creates revenue that in return goes back into the organization. There are many components that have contributed to our social impact for example our entertainment nights; community club lunch gatherings and meeting space for local businesses and charter schools directors.

Soros after his massive investment, he decided to share part of his resources to the world. He started sharing part of his income to the less fortunate people across the world. He established the famous foundation known as Open Society Foundation which happened to have helped people from across over 100 countries. He has been able to give out his resources to so many people from across the global divide. To date, he has been able to donate over $32 billion to various groups from across the whole world. His love for humanity has been

The strategic planning group at Belle Meade Plantation has already made progress in the sustenance of the historic plantation through the creation of the Belle Meade Winery, but other programs could be instituted to further social transformation supported by the plantation. Social enterprise is an initiative that not only produces income, but it is an enterprise whose proceeds are invested to improve the community or stakeholder lifestyles and can also force social change (Ferrell, Thorne, & Ferrell, 2016). This type of enterprise is especially powerful because it brings attention to social deficits and consequently improves the state of those issues while bringing positive attention to the organization responsible for the venture (Ferrell,

social entrepreneurs in their efforts to start a successful venture. This book is for someone that wants to learn useful skills on how to run a social enterprise that generates profits and alleviates social problems. The book outlines the purpose of a social enterprise, which is to address a social problem and how to generate revenues. It seeks to help someone that is interested in taking this journey to understand how to create an enterprise that is self-sufficient and sustainable. There are goals included to help navigate through the process, how to develop the concept and how to deal with uncertainty. It’s the uncertainty of the idea that social entrepreneurs choose to tackle intractable social issues, sometimes they have to operate in or create a market that does not yet exist, and they work in environments that generate uncertainty and present challenges.

In general perception, responsible leadership can be easily found among social entrepreneurs due to the nature of their business goals, they tend to steer their organizations in a more ‘responsible’ direction over commercial leadership, whose business goal in profit may cloud the judgment of their business leaders, luring them to choose a more lucrative path over social responsibility. To further evaluate this stance, both entrepreneurship models will be analyzed against the 2 major aspects of Responsible Leadership paradigm.

After reading the first two chapters of Building Social Business, I was moved. I was inspired. Yunus opened my eyes to another side of business which in his words was selfless. And indeed it was selfless. Social business is truly selfless because it focuses on helping others and earning profit comes second. By reading this book and reflecting, I realized it is better to be part of the solution than be part of the problem. By looking at my community, at my environment, and at my experiences in life, there are problems that will need solutions and I firmly believe that having a social business is the solution. By my observation, slow public utilities, expensive medicine, and empowering marginalized sectors are problems that can be solved by putting up social businesses. By combining entrepreneurial mindset and experience, social awareness, and creativity, the ideal social business can be done. But what makes a social business truly a social business is the

There exist numerous differences between the type of social entrepreneurship exhibited by the Khalifa Fund programs, and the general idea of commercial, entrepreneurship. But perhaps the greatest similarity both types of entrepreneurships have is the pursuit of revenue. Both types of entrepreneurship recognize opportunities for business and this precisely when the need to innovate is invoked. However, for social entrepreneurs, the social missing of their innovation takes central part and influences greatly how they perceive business opportunities. In most cases, ethics, integrity and the demonstration of humanity creates a distinct contrast between social and commercial entrepreneurship. In essence, a majority of social entrepreneurs associate their business with communities that are relatively disadvantaged in terms of accessing resources. A key facet of social entrepreneurship employed by the management of the fund is responsible leadership. All four programs started by the Khalifa Fund are without a doubt socially engineered. Al Radda recognizes the importance of empowering former inmates to venture into the world of business, and this prevents the proliferation of crime in society. Isharq provides training assistance for people emerging from drug addiction, and this serves to sanitize the society by addressing stringent issues to do with drug and substance abuse. Sougha, which has previously been discussed,

I, Puneeta Goel hereby certify that Mansi Agarwal student of B.Com (H) at Amity College of Commerce and Finance, Amity University Uttar Pradesh has completed the NTCC Report on “Social Entrepreneurship”, under my guidance.