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Africa nazarene presentation
1. Economic and Social Empowerment of
Youth
Topic: Social Entrepreneurship
Tuesday 6th December 2011
African Nazarene University
Paul Kanyi
Country Coordinator
East Africa Social Enterprise Network
info@easenetwork.com
www.easenetwork.net
2. Todayâs talk
1. Who is an Entrepreneur?
2. Who is a Social Entrepreneur?
3. Difference between entrepreneurship
and social entrepreneurship?
4. Need for Social Entrepreneurs?
5. Their Characteristics
6. How to be an Social Entrepreneur
4. Social Entrepreneurs
-The social entrepreneur harnesses
entrepreneurship skills to do social
good
-Combines the passion of a social
mission with an image of business-like
discipline, innovation, and
determination
5. Definition of âSocial Enterpriseâ
ďŹ A social enterprise is a business with
primarily social objectives whose
surpluses are principally reinvested for
that purpose in the business or in the
community, rather than being driven
by the need to maximise profit for
shareholders and owners.
6. Social Entrepreneurship(1)
What is it? What do they do?
ďŹ Applying practical, innovative and
sustainable approaches to benefit society
ďŹ Focus on marginalized and poor
ďŹ Starting for-profit or earned-income
ventures by not for profit organizations
7. Social Entrepreneurship(2)
How different from NPO and NGO?
ďŹ NPO and NGO
â make social values mostly by donations.
ďŹ Social Entrepreneurs
â make social values mostly byBUSINESS
.
=SUSTAINABLE
8. Role of Social Entrepreneurs
ďŹ To develop employment
ďŹ To make social and environmental Innovation
ďŹ To create new goods and services
ďŹ To promote Equity
ďŹ To serve the poor and marginalised
ďŹ To open new areas
ďŹ To make financial models work for users
ďŹ To offer wider social benefits
ďŹ To Assist the government
9. Program areas of Social
Entrepreneurs
1. Economic & Job Opportunity creation
2. Community & Rural Development
3. Environment & Nature Protection (Eco)
4. Market & Microenterprise Development
5. Institutional & Organizational Development
10. Examples of Social Entrepreneurs
ďŹ Prof Mohamad Yunus
â Grameen Bank, Bangladesh
ďŹ Bill Drayton
â Ashoka Foundation-Innovators for the public, USA.
ďŹ David Kuria
â Ecotact Kenya (Ikotoilet), Kenya
ďŹ Ingrid Munro
â Jamii Bora MFI, Kenya
11. What kind of people are they ?
Can I be one of them?
YES !!!
12. Characteristics of Social
Entrepreneurs (1)
ďŹ Social Catalysts
Are visionaries who create fundamental social
changes by reforming social systems and creating
sustainable improvements.
ďŹ Socially aware
Social improvement, as opposed to the creation of
profit, should be the ultimate goal
ďŹ Opportunity-seeking
Pursue their goals relentlessly, seeing every
obstacle as an opportunity
13. Characteristics of
Social Entrepreneurs (2)
ďŹ Innovative
They are creative, willing to think outside the box
and ready to apply ideas to new situations.
ďŹ Resourceful
Acting boldly without being limited by resources
currently in hand
ďŹ Accountable
âAm I creating value for the people I am serving?
Do I understand their needs?â
14. Social Intrapreneur
ďŹ Social entrepreneurs operating or running a
social enterprise
ďŹ Exercise their influence as employees of social
enterprises
ďŹ Often join social enterprise through
employment and not starting social enterprise
ďŹ Often as creative as social entrepreneurs
15.
16. Ways of becoming
a Social entrepreneur
ďŹ Clarify your objectives - passionate about what you really
believe in
ďŹ Strike the balance - social aims with business sense
ďŹ Research/Carry out a feasibility study
ďŹ Create a business plan and decide on your own
business/legal model
ďŹ Start small, gain experience and build a track record
ďŹ Aim to be independent
ďŹ Work out what help you need âŚand where you can get
it from
17. Ways of becoming
a Social entrepreneur
Most importantlyâŚ
Love your society & environment and
donât give up to change it in a good way!!
ServicesMembership DevelopmentTrainingAdvocacyAdvisoryMobilization of Financial resources
A common misconception is that any businessman, or anyone who starts a business, is an entrepreneur. But starting a business, according to economists Say and Schumpeter, is not the main component of entrepreneurship. Rather, entrepreneurship is concerned with stimulating economic progress through innovation and action.
The social entrepreneurâs philanthropic energies are channeled into business ventures, creating value in business so that consumers are willing to pay for the goods and services, and by doing so, the social entrepreneur earns a profit which is invested in the social venturesLadder
A Social Enterprise primary objective is to address social problems through a financial sustainable business model, where surpluses (if any) are mainly reinvested for that purpose.Variety of legal forms-unincorporated associations-trusts-Limited companies-some industrial and provident societies such as community benefit societies-Community Interest Companies-charitable incorporated organizations
-They understand that not every innovation will be a success, and they see failures as learning opportunities even as they strive for success.-Besides optimizing the use of existing resources, they actively expand their resource pool through collaboration with others.-Social entrepreneurs are accountable to their beneficiaries, and they often ask themselves.
How to be a social Entrepreneur
Where are You?
Want to help other people who are poor and teach them something beside profit
Look for friends and do something.NGOs & Private Companies: A Symbiotic Relationship in BoP BusinessWhile NGOs pursue social equity, private companies aim for scale and profits.In fact, both parties can form a powerful alliance to promote these dual aims
You have all the problems with you, solve them!!!Money is every where
Break the prison and be counted
Go where no one dared to dream
The chains of-CorruptionPovertyIlliteracyPoor HealthPoor leadershipPoor sanitation