Wednesday, September 22, 2010

Social Entrepreneurship: What Is It?



Is profit the sole focus of entrepreneurship? Is maximizing returns the only thing that matters? If we answer these questions with a yes, we would not be doing justice to a whole class of social entrepreneurs—people devoted to bringing social change through their business ventures.

Social entrepreneurs are in the business of touching lives. Such individuals do not believe addressing social issues is the responsibility of the government and large corporate houses alone; they take it upon themselves to champion the cause in which they believe. Social entrepreneurs go beyond philanthropy to bring radical changes in their society and put forth new and sustainable models of businesses with a cause.

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