The Go-Giver Law 2: The Law Of Compensation

The second law, I believe,  is very applicable for social entrepreneurs because it gives us the principle to help us position our social entrepreneurship to be more sustainable and have the greatest impact.

In my post, The Go-Giver Law 1: The Law Of Compensation, I used the example from my business intentionally rather than from the Charities and Not-for-Profit Organisations I have been involved with. As social entrepreneurs, you most likely “give more in value than you take in payment” as part of a way of life. Social Entrepreneurs tend to be givers instinctively and have a strong sense of social responsibility, empathy and compassion. It is these three traits that move us into action to see change but it is the next law that will help us bring change on a bigger scale and be financially rewarded in the process.

The Law of Compensation: Your income is determined by how many people you serve and how well you serve them. Continue reading “The Go-Giver Law 2: The Law Of Compensation” »

Mindset Shift

Social Entrepreneurs are changing the minds of people all over the world.

In describing the causes of poverty, Muhammad Yunus, founder of the Grameen Bank, has often compared a poor person to a bonsai tree. The seed of a bonsai has the potential to grow into a full-size tree, but, planted in a tiny pot, its growth is stunted. To Yunus, a person deprived of education or opportunity is like a bonsai. Continue reading “Mindset Shift” »

Keys To A Successful Social Entrepreneurship

What does it take to become a successful Social Entrepreneur?

Take On the World’s Biggest Problems

Social entrepreneurs identify major social problems and so, as such, need to find creative solutions and generate new ideas. The bigger the problem, the more motivated they become. Social entrepreneurship becomes necessary when objectors find that appropriate governmental, private-sector, or nonprofit organisations for solving the problem don’t exist or are inadequate for the job. Continue reading “Keys To A Successful Social Entrepreneurship” »

Are Charities Becoming More Social Entrepreneurial?

Social Entrepreneurship Versus Charity

Last night we had a Board Meeting for the Organisation I am a Director for called Empower 4 Life. We started to brainstorm ways in which raise money to equip the poor for self-sustainability. We discussed some fundraising ideas but the majority of the discussions centred around some social entrepreneurial projects that we could set up. Obviously, social entrepreneurship is my passion but when you look at traditional charity organisations around the world, there is a merging trend to use more entrepreneurial practices to become financially sustainable. Continue reading “Are Charities Becoming More Social Entrepreneurial?” »