Social entrepreneurship has many advantages that make it different from profit-oriented entrepreneurship in many aspects. Many of us might get confused; So it must be emphasized that entrepreneurship is divided into 3 types; It is (profit, social, political), and of course each one differs from the other.
“Entrepreneurs” sheds light on the concept of social entrepreneurship, and the most important thing that distinguishes it from other types in the field of entrepreneurship.
So what is social entrepreneurship? and what is social entrepreneurship`s difference?
For Seth GODIN what’s social enterprise:
All of us, whichever job or project we choose to take on, do something to change the culture. That social impact, positive or negative is our choice.
It turns out that all of us are social entrepreneurs. It’s just that some people are choosing to make a bigger (and better) impact than others.
It’s a spectrum, not a label.
Social enterprise can be challenging to define, in large part because the concept has been evolving rapidly in recent years and increasingly blurs the lines of the traditional business, government and non-profit sectors.
Social enterprises span the spectrum of nonprofit to for-profit entities.
A social enterprise or social business is defined as a business that has specific social objectives that serve its primary purpose. Social enterprises seek to maximize profits while maximizing benefits to society and the environment. Their profits are principally used to fund social programs.
Targets an unfortunate but stable equilibrium that causes the neglect, marginalization, or suffering of a segment of humanity; who brings to bear on this situation his or her inspiration, direct action, creativity, courage, and fortitude; and who aims for and ultimately affects the establishment of a new stable equilibrium that secures permanent benefit for the targeted group and society at large.
