People have to understand that unless social enterprise is experimental, it will not succeed in making a difference.
Sentiment: NEGATIVE
A social entrepreneur finds market-based solutions for change. Because without a market-based solution, without a sustainable solution, you go nowhere.
When your focus is social change and not financial change, why wouldn't you want to share that openly? Innovation only succeeds when it's shared.
If you try to put social and cultural development ahead of economic development, it doesn't work. You have to do it all together.
If you are going to do something truly innovative, you have to be someone who does not value social approval. You can't need social approval to go forward. Otherwise, how would you ever do the thing that you are doing?
In social, you have to innovate in information. If you have the same thing as everyone else, you're just not interesting.
If you open up the mind, the opportunity to address both profits and social conditions are limitless. It's a process of innovation.
To be sure, no piece of social machinery, however well constructed, can be effective unless there is back of it a will and a determination to make it work.
The way that we are going to solve social problems is by working with multiple different types of investing.
I have set up several businesses as social businesses, and I am a great believer that the power of business should be used for good.
Social enterprise is an effective solution for social problems.