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What Makes Social Entrepreneurs Different

Harvard Business Review

When social entrepreneurs say that they want to "work themselves out of a job" they are not making a glib statement to sound cool. Commercial entrepreneurs are different. That is why social entrepreneurs were among the most enthusiastic popularizers of concepts like C.K. They're out to standardize a business model.

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It Takes a Village to Raise an Entrepreneur

Harvard Business Review

For the last two years, we have studied this evolution with our partners at Echoing Green , a fellowship-granting organization that provides seed funding to emerging social entrepreneurs. However, our research reveals that hybrid entrepreneurs are fighting an uphill battle to launch and scale their ventures.

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The Innovation Mindset in Action: Shantha Ragunathan

Harvard Business Review

Sasikala, a Block Development Officer (BDO), talked to the Kodapattinam villagers about microfinance , only Shantha, of all the villagers, saw the opportunity and took action. Selling the cow''s milk would create an income stream, a portion of which would repay the loan; the remainder would lift the cow-owning entrepreneur out of poverty.

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Funders Can Give More than Money

Harvard Business Review

Six years ago, David and Donna Allman approached Opportunity with an idea that fell outside our traditional microfinance model: to build a Community Economic Development (CED) program in Nicaragua. Together, we've constructed school libraries, repaired churches, built roads, and, crucially, ensured clean water through new aqueduct systems.

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It's Not All About Growth for Social Enterprises

Harvard Business Review

If you ask venture capitalists in Silicon Valley how they measure the success of business entrepreneurs, they would no doubt list off metrics having to do with fast growth: funding raised, people hired, customers acquired, revenue produced. Successful examples of this approach are still rare; most people point to microfinance.

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Give Impact Investing Time and Space to Develop

Harvard Business Review

This is a nascent sector where entrepreneurs and investors are still figuring out business models, developing new financial products, and proving exit strategies and exit multiples, and only a handful of players are using agreed-upon metrics for assessing social impact. sanitation, housing, mobile banking).

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The 3 Preconditions for an Entrepreneurial Society

Harvard Business Review

And if you need access to money, crowdfunding platforms and microfinance options make that easier than ever. Various alternatives to the limited liability company have been invented over the years (for example, S and B corporations), and further creativity would be welcome to help latent entrepreneurs rather than frustrate them.