Home » Startup » entrepreneurship » Top 5 reasons to become a Social Entrepreneur
Last updated: July 11, 2011 at 19:05 pm

Top 5 reasons to become a Social Entrepreneur

Entrepreneurs are many, but social entrepreneurs are quite rare. Who wants to take the risk of investing monies that are not only expected to yield profits, but also advance a social cause? Entrepreneurs have enough tensions of their own. Why care about seeing how your business is synergized with the needs of your community? Here’s why.

Social-Entrepreneurship

Top 5 reasons to become a Social Entrepreneur

Reason #1: You are extremely passionate about a cause

Are you the type who wants to be the change agent of the world? Do you dream big about India in 2020? Are you in the lookout for an angel investor who can support your business plan that aims to alleviate unhygienic sanitation facilities in urban slums? If these are the kind of causes that bring a spark to your eye, then by all means go for social entrepreneurship.

Reason #2: The country needs people who can ‘walk the talk’

If you are a person who believes that everything cannot be left for the government to resolve, welcome to the club of budding social entrepreneurs in India. If you have qualities of making the best of the efficiency of the private sector and the powers and influences of government agencies, set up a community venture of your own. Very few people have such combination skill sets.

Reason #3: If you love making sales and talking to local people

One of the biggest reasons why many entrepreneurs are not cut out to be social entrepreneurs is because they lack the ‘connect’ that they need to form with local communities to gain inclusive growth. If you’ve volunteered a lot with not-for-profits of if you’ve dealt deeply with local communities before, this critical skill will come naturally to you.

Reason #4: You will create goodwill

Imagine the kind of blessings you will receive from people living on the streets, if you construct a series of hygienic public toilets services. Or for that matter, develop a system though which there are lesser cases of stealing electricity from our country. The point is that once your brand garners enough goodwill from the society, you can trade off its benefits anywhere you want to.

Reason #5: Get to know what the country is all about

Doing market surveys on the internet and sitting in the comfort of your air conditioner won’t help you in knowing what your country and its people are all about. Your social venture will make you travel extensively, make you talk to people, see how and where they live, examine social conditions and deal with beauracratic systems. That’ how you’ll learn to gauge the pulse of the community.

As a social entrepreneur, you will need to put in double the hard work and commitment as compared to any other profit seeking entrepreneur. Social entrepreneurs are at a much higher risk of getting funding for their business or making profits at a consistent rate. But if the venture turns out to be successful, it can be the single most thrilling experience of your life.

Have you come across any successful Social Entrepreneurs ?

Indian Startup Funding Investment Chart List 2016

Check out our Youtube Channel!

How to Get FREE AIRTEL 4G HOTSPOT DEVICE With New Offers!

Bharti Airtel has come up with two new special offers of Rs. 3,200 and Rs. 4,000 for the customers w…

JIO Takes Legal Action; Says OOKLA Falsified Airtel Speed Results!!

After Airtel started touting themselves being the "FASTEST MOBILE DATA NETWORK" in India with TV com…

Vodafone - IDEA CELLULAR MERGER - What it Means For You? [Key HIGHLIGHTS]

So, finally the much talked about Vodafone Idea Cellular Merger has been done. Here are all the Key …

[Hindi] 36 Smartphone Brands Have Malware Pre-Installed! HOW TO REMOVE!

Ek report ke anusar bharat mein beche jaane wale 36 smartphone brands mein Malware pre-installed hot…

Subscribe to Our Youtube Channel

who's online