How You Can Benefit From Social Entrepreneurial Initiatives

Document Sample
How You Can Benefit From Social Entrepreneurial Initiatives Powered By Docstoc
					How You Can Benefit From Social Entrepreneurial Initiatives
According to Wikipedia, "a social entrepreneur is someone who recognizes a social problem and uses
entrepreneurial principles to organize, create, and manage a venture to make social change.
Whereas a business entrepreneur typically measures performance in profit and return, a social
entrepreneur assesses success in terms of the impact s/he has on society. While social
entrepreneurs often work through nonprofits and citizen groups, many work in the private and
governmental sectors". With this definition in mind, your professional and personal contribution to
social entrepreneurial initiatives can be extremely fulfilling both professionally and personally.


It's an old saying...focus on concerns bigger than yourself and your individual concerns will be taken
care of in the background at levels much higher than if you focused primarily on your individual
concerns. A biblical reference is "give and it will be given back to you pressed down and running
over". Of course, in this case, giving come in form of professional contribution not monetary.



The beauty of social entrepreneurship as opposed to what may be considered a traditional non-profit
is the fact that social entrepreneurs deploy innovative entrepreneurial principles to organize, create,
and manage a venture to make social change. So, in addition to providing for the social good, the
solutions are normally innovative and far-reaching...thus providing social entrepreneurs with many
follow-on private sector venture opportunities after the social entrepreneurial project is finished. This
is why, as you contribute professionally to social entrepreneurial initiatives, you can tap into this
innovation or innovative professional setting and address your personal and professional concerns
many time over.

Benefits come in several forms starting with how you can advance your socialization, professional
and personal development skills. For example, social entrepreneurial initiatives often require you to
interact and collaborate outside of a traditional corporate work environment or a traditional business
development environment. This creates immediate opportunities for social, professional and personal
growth. Think about it. Most people only interact professionally under the roof of a traditional
company or employer and under the direction of a boss. What happens when you interact outside of
these traditional confines? You learn, grow, expand your thinking, develop new socialization and
professional skills sets and, most of all, help drive the development of new technology innovations
and applications.



Another benefit comes from the fact that you position yourself to benefit from the global economy.
Although many organizations and businesses focus on being the lowest cost producer, innovation is
really the key to prospering long term in a global economy and, as noted above, social
entrepreneurial initiative drive the development of new innovations and applications. To get better feel
for this, consider the following Business Week quote: "Think of the world economy as a ladder. On
the bottom rungs are the countries producing mainly textiles and other low-tech goods. Toward the
top are the U.S. And other leading economies, which make sophisticated electronics, software, and
pharmaceuticals. Up and down the middle rungs are all the other nations, manufacturing everything
from still to autos to memory chips. Viewed in this way, economic development is simple: Everyone
tries to climb the next rung. This works well if the topmost countries can create new industries and
products. Such invention allows older industries to move overseas while fresh jobs are generated at
home. But, if innovation stalls at the highest rung -- well, that's bad news for Americans, who must
compete with lower-wage workers elsewhere" (Business Week columnist, Michael J. Mandel ).

Now, from this, it's clear that the solution is to innovate, innovate and innovate in order to stay at the
top rung of the ladder. However, innovation is not necessarily linked to producing the next high tech
gadget. "The killer apps of tomorrow will not be hardware or software, but social practices." "To make
a real difference, ultimately, technologies must transcend gadgetry and become part of social fabric"
(Business Week, Aug 18-25, 2003). With this quote in mind, today's social entrepreneurial initiatives
underwrite the very essence of weaving the benefit of technology into the social fabric of society or
targeted groups of society.

The bottom line: you win by either originating social entrepreneurial initiatives or contributing
professionally (part time, spare time, etc) to initiatives put forth by other entrepreneurs. Some
initiatives are large scale or global in scope and some are local. It's very easy to do a Google search
under the search term social entrepreneurship or social innovation to research both global and local
initiatives.



>> Click Here to Get Your Free Automated Lead Generation System for Your Home Based Business

				
DOCUMENT INFO
Categories:
Tags:
Stats:
views:4
posted:4/28/2012
language:
pages:2
Description: follow-on private sector venture opportunities after the social entrepreneurial project is finished.