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Social entrepreneurship involves creating systemic social change through innovative approaches and technologies. A social entrepreneur's vision focuses on addressing specific social issues, guided by the 6 P's: People, Problem, Plan, Prioritize, Prototype, and Pursue. Essential characteristics of social entrepreneurs include curiosity, inspiration, resourcefulness, pragmatism, adaptability, openness to collaboration, and persistence.

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9 views8 pages

SE Presentation

Social entrepreneurship involves creating systemic social change through innovative approaches and technologies. A social entrepreneur's vision focuses on addressing specific social issues, guided by the 6 P's: People, Problem, Plan, Prioritize, Prototype, and Pursue. Essential characteristics of social entrepreneurs include curiosity, inspiration, resourcefulness, pragmatism, adaptability, openness to collaboration, and persistence.

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We take content rights seriously. If you suspect this is your content, claim it here.
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SOCIAL

ENTREPRENEURSHIP
Being a Social Entrepreneur :Vision and
Characteristics
Social Entrepreneurship:
According to Swedberg social entrepreneurship is
the successful introduction of social change through a
combination of new elements which make up the way of doing
things.
Social Entrepreneur:
According to Schwab social entrepreneur is a person
who achieves large scale, systematic and sustainable social
change through new invention, different approach and more
rigorous application of known technologies or strategies.
Vision
A social
entrepreneur’s vision is a
clear and compelling idea
of a better future, driven
by a passion to address a
specific social problem or
issue. It is a comprehensive
and innovative approach to
creating positive change, often
combining business acumen
with social impact.
6 P's of Social Entrepreneurship

 People - identifying what people they want to benefit.

 Problem - identify a problem that the people in the previous section face.

 Plan - With the problems identified, a social entrepreneur must devise a plan to
solve the problem.

 Prioritize - they must prioritize what they try to solve how they go about operating, and
what expansion looks like.

 Prototype - This means creating prototype products, services, or processes.

 Pursue - This last step closes the full loop of activity, though a social entrepreneur should
periodically evaluate each aspect and continually monitor for ways to better
make their social change.
Characteristics
7 Essential Characteristics of Social Entrepreneurs:
 Curiosity
 Inspiration
 Resourcefulness
 Pragmatism
 Adaptability
 Openness to Collaboration
 Persistance
 Curiosity - Social entrepreneurs must nurture a sense of curiosity about
people and the problems they face. The best social entrepreneurs seek to
truly understand the needs and desires of the people they serve.
Example: The founders of Shakti Apparel launched their venture after
working with
villagers in rural India and learning about their lifestyles.

 Inspiration - In order to design effective solutions, social entrepreneurs


must be inspired by the people and problems they encounter.
Example: When he learned that his blind friend had no way to tell time, the
founder
of Eone set out on a mission to design an effective solution to his friend’s
problem.

 Resourcefulness - Successful social entrepreneurs know how to


leverage the resources at their disposal and develop innovative methods to
overcome obstacles.
 Pragmatism - While visions for massive social change may provide their
inspiration, experienced social entrepreneurs know that they need to take small
steps in pursuit of their goals. Great social ventures are not born overnight!

Example: The founder of Be As You Wear is working to reform systems that put
youth at
risk by taking small steps, such as performing small-group education
interventions and
selling hoodies to fund her work.

 Adaptability - Social entrepreneurs must remain open to solutions. This


includes knowing when to pivot and change their strategies if their initial methods
do not succeed. Adaptability and flexibility are integral in the development of
early-stage social enterprises.

Example: Salty Girl initially was going to create a platform linking fisheries to
chefs, but
 Openness to Collaboration - While embarking on a quest to change
the world may feel lonely, it is important to remember that social
entrepreneurship is a team sport, and other people are willing to help. Social
entrepreneurs need to stay open and attentive to potential partnership and
collaboration opportunities. In many cases, collaborative initiatives and joint-
ventures can achieve social/business goals much more effectively than solo
endeavors.
Example: Refugee Investment Network partnered with Village Capital to offer
an
investment-readiness tool designed for refugee entrepreneurs.
 Persistance - Social entrepreneurs take on some of the most daunting
challenges our society has to offer. This often creates a recipe for early-stage
failures. However, the successful social entrepreneurs are the ones who persist
past initial setbacks and persevere to deliver effective solutions. Experienced
social entrepreneurs know how to learn from failures, adjust their methods,
and make continual strategic improvements. Don’t give up if at first you don’t
succeed!
Example: Kapamagogopa Incorporated (KI) overcomes obstacles to
bring peace to

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