Teaching the Key Skills of Successful Social Entrepreneurs
- Leadership. …
- Optimism. …
- Grit. …
- Resilience in the face of adversities, obstacles, challenges, and failures. …
- Creativity and innovation. …
- Empathy. …
- Emotional and social intelligence.
A successful social entrepreneur does not just have a good idea — they also have the practical business knowledge to turn that idea into a reality. A social entrepreneur’s solution considers market demand and research, finances, resources, and the restrictions and opportunities in their community and country.
Commercial entrepreneurs are different. … As a result, social entrepreneurs are more interested in understanding the social, economic, political, and cultural context of the problems they are trying to solve than traditional entrepreneurs are. They can be more analytical.
The 10 Most Successful Social Entrepreneurs
- Bill Drayton.
- Rachel Brathen.
- Shiza Shahid.
- Blake Mycoskie.
- Scott Harrison.
- Muhammad Yunus.
- Jeffrey Hollender.
In many cases, social entrepreneurs do make money. … Social entrepreneurs adopt a business model that puts their mission at the center of their business and are held accountable to their customers and stakeholders based on their proposed impact.
5 Successful Examples of Social Entrepreneurship
- Produced medicinal, herbal, gastronomical and aesthetically focused products that serve the needs of its customers.
- Improved the environment through biodynamic farms.
- Built an educational establishment for children to emphasize creativity and analytical thought.
While the traditional entrepreneur aims to create a product, service or process for which a consumer will pay, the social entrepreneur aims to create a product, service or process from which society will benefit. … And rather than funding through donations, social entrepreneurs reinvest their revenue into their ventures.