Social Entrepreneurship : A Social Entrepreneur

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.

The Business Dictionary defines social responsibility as, " A company's sense of responsibility toward the

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

Social economy organizations are set to meet social objectives that are drafted into organizations ' charters. These objectives surpass conventional decisions to adopt corporate

I’ve learned from this Book “Social Enterprise (An Introduction)” by Ken Stratford that sharing to your own community will help the community grow and by that means it will create humanity because helping people who are in need is caring because “sharing is caring” It will create a special bond to our brothers and sisters of the community and by that means we are getting more closer to God. And I learned that Social Enterprise is a way of giving back and sharing our blessing to others as I’ve said earlier. ‘Doing well by doing good’ makes us to have a fulfillment in life and at the same time having a purpose in life. Social Enterprise means that helping others to achieved their goals and as I read this book I learned that Social Enterprise has connection of “Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a

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.

The second person awakes at 7:30 am. Showers attempts to get their clothes ready and dashes out the door at 8:15 am hoping to make it work on time. This person doesn’t care, or find it relevant as to how their running late effects another. This is a clear example of the entrepreneur and the social entrepreneur.

Apart from all the scholarly concepts presented, other practical interpretations of SocEnt are happening in the field. As suggested by Schiller (2013) , there are several prominent social sector organizations like the Schwab Foundation, the Ashoka network and the Skoll Foundation, which support and define social entrepreneurship (2013, p. 13).

Social enterprises run day to day operations just like a for profit business, but instead of dispersing all of the profits between shareholders and owners, the profits are sunk back into the company or the charity that they are supporting. Like any other business, social enterprises sell or offer goods and services at a price, and they are designed to help the community, a certain culture, and the environment. Similar to for profit businesses, social enterprises are faced with constraints and are required to overcome them in order to become successful. Some of these constraints include: Funding difficulties, and hardly any government support. Ways to overcome these constraints are to find stakeholders who understand your vision and what you are trying to do for the community, and get adequate funding. In order to get help from the government for funding purposes, then show the government people an understanding of your social enterprise, and how it is helping the

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

Social Responsibility came about in the 1960s to increase public consciousness about the role of the business to develop and maintain high ethical practices in society and also in the natural environment. A number of companies are adopting to social responsibility so that can improve corporate operations. The corporations are using this concept instead of a profit gain, human rights, protect the environment, local community contributions and diversity among others at the workplace. Social responsibility was also put in action so that organizations would abide by the labor laws. The labor law would help monitor other