An interesting article in the Washington Post about social entrepreneurship.
Props to all that good will and Heal the World stuff.A social entrepreneur is someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change. Whereas a business entrepreneur typically measures performance in profit and return, a social entrepreneur assesses success in terms of the impact s/he has on society. Rather than leaving societal needs to the government or business sectors, social entrepreneurs find what is not working and solve the problem by changing the system, spreading the solution, and persuading entire societies to take new leaps.
How effective do people think this is? Is it a viable solution (or alternative) to organizations that have the same intention but just aren't having the intended effect or impact? Is the impact just a warm fuzzy feeling on the part of the social entrepreneur?
Something interesting the guy in the article said
I suppose positive action motivated by guilt is still helpful and beneficial so I'm not going to quibble about that. But there is a part of me in reading this profile that thinks this guy is sits at home and runs his organization, which is fine. His parents support him fully which ruins it for me. I don't know what it is about this part that bothers me but it just does. I guess you could equally say, yeah, he's not getting any support to do this and he still does it. But perhaps I think he has the golden parachute of his parents supporting him which changes the stakes in my eyes and makes it feel...hobbyish.It would be easy for Chafetz to enroll in graduate school or get a paying job, as many social entrepreneurs do..."This is my reality, that I could do something about this, now," Chafetz said. "Guilt is a big piece of it. . . . I'm sitting at my desk. I've got my laptop on, the AC is on, and I'm reading Nicholas Kristof's [New York Times] column about Sudan and watching his video where he's saying . . . 'Look at what's happening here.' That has deep impact."