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Social Enterprise and Entrepreneurship Guaranteed Success

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Social Enterprise and Entrepreneurship Guaranteed Success Who is a social entrepreneur? ️A normal entrepreneur but has a focus and interest in using what ever they have created for the social good What are the priorities of a social entrepreneur? ️Helping and making a difference , profit ...

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  • September 25, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
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  • Social Enterprise and Entrepreneurship Guaranteed
  • Social Enterprise and Entrepreneurship Guaranteed
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Social Enterprise and Entrepreneurship Guaranteed Success
Who is a social entrepreneur? ✔️A normal entrepreneur but has a focus and interest in using what ever
they have created for the social good



What are the priorities of a social entrepreneur? ✔️Helping and making a difference , profit is not the
prim arty driving force



What is the four step process that social entrepreneurs use? (4 Es) ✔️Envision: Clarifying a need, gap,
and opportunity

Engaging: Go to the opportunity with a plan and act on it

Enabling: Ensure your plan works by securing and using the proper resources

Enacting: Leading the project to a satisfactory conclusion



Why is the social entrepreneur market growing so fast? ✔️Certain areas are being neglected

- Lack of job satisfaction

- Desire to leave a positive impact on the world

- Charities being more business like

- More options and avenues available to pursue change while still being a business



What is a social enterprise? ✔️A form of community economic development in which an organization
exchanges services and goods in the market (for a profit) as a means of realizing its social objectives or
mission



What is the structure of a social enterprise? ✔️More often then not run by a parent corporation

Is a legal business (for profit generally)

May occupy the same niche as gov't help programs



What is the relation between social enterprises and the gov't? ✔️They often occupy the same spaces
and the gov't will create or enact policies that will make the enterprise easier to run. This is because

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