Becoming an Entrepreneur – A TED Talk

daniel kebbe toronto CA

Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs.

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.

7 Steps to Becoming a Successful Social Entrepreneur

  1. Write a mission statement.
  2. Research the field.
  3. Conceptualize your unique offering.
  4. Reach out to team members for feedback and support.
  5. Develop your business model.
  6. Identify initial funding sources.
  7. Write an action plan (and stick to it)

8-step framework for starting up a Social Purpose Business.

  1. Choose a social issue. …
  2. Research your issue. …
  3. Get a global viewpoint. …
  4. Grasp legal structures. …
  5. Establish a solid business plan. …
  6. Investigate funding options. …
  7. Seek ongoing support from a mentor. …
  8. Hire the right people.

To enact their visions for social justice, a successful social entrepreneur often needs particular robust skills.

  • Recognizing unjust social issues. …
  • Identifying business opportunities. …
  • Inspiring change through participation. …
  • Taking direct action. …
  • Public speaking. …
  • Fighting adversity. …
  • Creativity.