WHY SOCIAL ENTREPRENEURSHIP IS A BUSINESS OPTION
He sat right in front of me sipping his drink with a mischevious smile on his face. “So you advised her to go ahead and venture in social entrepreneurship. Well, that’s her choice. As for me, I can never be anyone’s, Santa Claus. If I ever go into business, it has to be a proper business.”
I chuckled “What do you think social entrepreneurship is?
In recent times, people have had cause to misunderstand social entrepreneurship. It is simply the use of start-up companies and other entrepreneurs to develop, fund and implement solutions to social, cultural, or environmental issues. Majority of entrepreneurs involved in social entrepreneurship have come to acknowledge that it felt better doing a business that enabled them to contribute to the human life, societal issues and as well make profit from it. How amazing is that?
The last years have showcased the urgency to address environmental, social and societal issues. In fact, around 10% of the world’s population still lives with less than 1.90 dollars a day, global warming has reached a record height in 2015, global waste is forecasted to tripe up to 11 million tons a day by 2100, deaths occurring during migration movements were estimated at more than 5000, and a lot more of them have become more and more pressing.
Even though non-for-profits, non-governmental organizations and governments have been bravely fighting for improvements and solutions, it’s still not enough. We all need to join forces and integrate these issues in their daily lives.
From this point of view, social enterprises offer a one-stop shop for you to earn your daily bread while being part of the inescapable need to offer solutions to the world’s woes. Among these, it creates an atmosphere for you to live out life’s purpose, deliver what your customers or user look forward to and keeps you motivated.