Social Enterprise Growth

Social Entrepreneurship is a growing global trend. Collectively, Social Enterprises employ millions of people and generate billions of dollars in revenue across six continents.

As humans we have accomplished great things, and we can seemingly do anything we put our minds to. Every day we become more innovative, technologically advanced and connected. However, for whatever reasons you believe, we still face significant challenges across the world including extreme poverty, crimes against humanity, systems that are out of balance, and environmental degradation.

By working together and using a variety of approaches to address global challenges, we can collectively accomplish difficult goals. As part of the solution, a new type of entrepreneur has emerged: the Social Entrepreneur. The Social Entrepreneur uses business as a mechanism for social change. This emerging approach to business – that combines profit and purpose – is perfectly suited for bringing about the type of large scale change we need. Social Entrepreneurs are “individuals with innovative solutions to society’s most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide-scale evolution.” [1]

Social Entrepreneurship is part of a broader social trend referred to as Social Enterprise. Rather than leaving societal issues to the government or traditional business sectors, Social Entrepreneurs and the Social Enterprise are uncovering what is not working and solves the problem by changing the system, spreading the solution, and persuading entire societies to move in different directions. Social Entrepreneurs are “society’s change agents, creators of innovations that disrupt the status quo and transform our world for the better.” [2] 

Supporting Points of View:
[1] Ashoka, “What Is a Social Entrepreneur?,” www.ashoka.org
[2] Skoll Foundation, www.skollfoundation.org/about