Why We Love Social Entrepreneurship: and You Should Too!
Social Entrepreneurship addresses the social need and problems that are unmet by private markets and governments. It is concerned with the practical, innovative and sustainable approaches which work for the benefit of society, and empowerment of the poor. Social entrepreneurship is needed for the development of methods which effectively serve the advancement of society economically and socially. The organisational models for social enterprises include; nonprofit, hybrid or social business venture. Many young social entrepreneurs are showing increasing interest in the hybrid business model. This organisational model combines the social welfare set-up of a non-profit with the commercial logic of a for-profit business.
A Video Of Our Social Entrepreneur Exploits In Africa
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man” – George Barnard Shaw
Founder of Ashoka, an organisation which supports social entrepreneurs. Bill Drayton defined social entrepreneurs as creative individuals who have a vision of what they want to happen and how they will make it happen. They create a vision of how society will be different once their ideas come to fruition. In addition, they will stop at nothing to achieve change that will impact the whole of society.
George Barnard Shaw once said “The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man”. John Elkington and Pamela Hartigan in their book, The Power of Unreasonable People. Define social entrepreneurs as unreasonable because; they are set on changing the norm; are wholly ambitious, and refuse to be guided by reason. Instead, they follow intuition, refuse to accept less than their set standard and never accept ‘No’ for an answer. For the social entrepreneur, having confidence and a sharp vision of how things can be different is important for building an innovative enterprise. One that will lead sustainable and scalable change. Moreover, social entrepreneurs believe in everyone’s capacity to communicate economic and social development regardless of their background or education.
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One well-known social entrepreneur Professor Muhammad Yunus, founder of Grameen Bank in 1976, established the microloan movement. Its aim was to help rural communities access small loans for their small businesses. Grameen Bank has positively influenced its female members. In addition, it’s brought about improvements in women’s status, involvement in family decisions, knowledge and awareness.
In 2006, Professor Yunus, along with Grameen Bank, was awarded the Nobel Peace Prize.The award was for their efforts and passion in creating economic and social development. Florence Nightingale, one of history’s first social entrepreneurs, revolutionised nursing when she founded the first nursing school. In 1860 but became a pioneer in sanitary medical care and transformed the way hospitals were operated and built. These are the leaders of social entrepreneurship who were driven by a social mission to change. Their solutions challenged the known systems and shifted economic thinking. And today their work continues to influence 21st-century global businesses, organisations and future leaders.
Humility: The ability to overcome selfishness and serve other habitually.
What are the qualities that make a leader? Alex Harvard in his 2007 book, Virtuous Leadership, explains the six virtues every great leader needs:
- Prudence: The ability to make right decisions.
- Courage: The ability to stay the course and resist the pressure of all kinds.
- Self-Control: Capacity to subordinate passions to the spirit and fulfilment of the mission at hand.
- Justice: Capacity to give every individual his due.
- Humility: The ability to overcome selfishness and serve other habitually.
- Magnanimity: Capacity to strive for remarkable things, to challenge oneself and others.
At Global Empowers we aim to uphold these virtues and instil them in all those we serve through our mission. Our recent release of t-shirts with slogans which promote positive self-confidence and self-image were inspired by all those who have helped us through our short but eventful journey, enabling us to help many more. It is our hope that this small start will contribute to our wider vision and the personal advancement of our youth and children from the communities in which we live and work.