What is Social Entrepreneurship?

by Paul Roberson

EntrepreneurshipTo understand what social entrepreneurship is let’s first be clear about what an entrepreneurship is.

Here is the definition of  the term entrepreneurship..

Definitions of Entrepreneurship on the Web:

  • An entrepreneur is a person who has possession of a new enterprise,venture or idea, and assumes significant accountability for the inherent risks and the outcome. He or she is an ambitious leader who combines land, labor, and capital to often create and market new goods or services. … …
    en.wikipedia.org/wiki/ENTREPRENEURSHIP 

So an entrepreneur is someone that has a burning desire to start a business and takes the actions necessary to start upon a new business venture. They are usually the heart and soul of that business and the success of that venture ultimately lies in the hand of the entrepreneur themselves.

If you have ever wanted to start a business, you probably caught the entrepreneurial spirit and wanted to take the risk of not having a job in order to create a whole new business.

The Social Entrepreneur

Social entrepreneurship mirrors entrepreneurship except that the focus or the desired result is not profit. A social entrepreneurs main focus is to create social change for the betterment of underprivileged people.

Profit can be a by product of this change but the primary goal is for social change. These social entrepreneurs actually take the same principles of entrepreneurship and apply them to a business but they are doing it to enrich the lives of other people.

The New Heroes website has some real life examples of social entrepreneurs that you should go check out. Who knows maybe this type of entrepreneurial spirit, that  targets social change, may inspire you to go in that direction.

Discussion

In the blogging community and especially in the “make money online” niche, a major problem has become finding credible people to whom to trust. Transparency has become a major factor in the way we blog and sell informational products.

How can we adopt some of the social entrepreneurs moralities in the way we do business. Comment below about how you feel about our niche as a whole. Many bloggers believe that pure “Direct Response Marketers” are giving the whole group a bad rep because of the continual wave of product launches being offered every week.

Many of those products are not living up to the hype but they are making the marketers wealthy. How do you feel about it?

http://www.flickr.com/photos/e27sg/ / CC BY 2.0

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