What is social entrepreneurship; types, benefits and objectives?

Some people want to start a social enterprise where they can provide effective help to society, but you don’t know how to do it. Well do not worry here we inform you how to adopt this model of a company or organization for profit or not for profit.

What is social entrepreneurship?

As its name says, this undertaking leads to the social care of individuals and institutions that provide social service. The initiatives they project manifest a frequent and reciprocal socio-economic purpose, which positively affects society even if they are a private entrepreneur .

This enterprise differs from commercial enterprise because its purposes are aimed at social benefit, a subject that will be discussed later. By means of these companies,  the social objectives of the community are raised , to satisfy the needs that are manifest.

What are the types of social entrepreneurship?

It is interesting that different types of social enterprises can be located in this area, allowing a variety of initiatives to exist.

  • Entrepreneurship that depends on a Corporate model : it basically refers to a parent company contributing or financing a social entrepreneurship project . Here it is observed how the social purpose is achieved through this financing, it can be said that the parent company gives the economic boost.
  • Social entrepreneurship that arises from a private company: As strange as it may seem, in this type of entrepreneurship reciprocal remuneration is encouraged. At the same time, it contributes directly to society benefiting from low costs and other benefits depending on the company’s services.
  • Professional entrepreneurship : Some people, through special knowledge, promote aids to attend to specific needs that the community may be presenting. Functional and innovative projects are presented, practically adapting to any area or social aspect, ingenuity plays an important role.
  • Awareness entrepreneurship : This idea is based on the intention of a change that positively affects society. It is more common than we think, some people with strong ideals want to promote, persuade and convince others of these same.

Benefits of social entrepreneurship

Like all entrepreneurship, it can generate some fears, however, in order to motivate yourself to take this entrepreneurship model, we show you some benefits below.

  1. As an entrepreneur, you will be able to demonstrate that you are qualified and that you seek to contribute to the community through feasible activities.
  2. You will provide assistance to a variety of people or a specific group that they might not otherwise have.
  3. It encourages change and social responsibility .
  4. It attracts the initiative of others who can contribute , so that the increase of projects and resources is achieved.

goals

Like any project, objectives of different scope are required, long-term and others in the short term that can be achieved during the process.

  • The main objective is to encourage and motivate others to act before the problem or need, offering the tools for the solution.
  • Other objectives would be based on what you want to combat, for example, if it has to do with environmental care. They could also be, offer medical assistance or help people with disabilities, among other precise objectives for the process.

What does it take to maintain goals?

Certainly considering an idea and carrying it out requires, more than just having it in writing, this must be kept in mind.

  • Projection to success, provide social welfare .
  • Personnel that contribute to fulfill the activities.
  • Invest and reinvest to stay.
  • Use technological tools or conventional methods to encourage and achieve the social goals that have been set.

Whichever model of social entrepreneurship you want to adopt, take into account that a good social study will help you obtain satisfactory results. It will benefit society by helping it to face its problems and needs, providing productivity.

by Abdullah Sam
I’m a teacher, researcher and writer. I write about study subjects to improve the learning of college and university students. I write top Quality study notes Mostly, Tech, Games, Education, And Solutions/Tips and Tricks. I am a person who helps students to acquire knowledge, competence or virtue.

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