What are the benefits of social entrepreneurship?

social entrepreneurship

All social entrepreneurship is an initiative that is born to promote and strengthen the development of a community, from the social and economic points of view, generating a better quality of life for all its inhabitants.

What is social entrepreneurship?

The term social entrepreneurship should not be confused as something rigidly established for each of the communities equally, on the contrary, it is variable because it depends on the development of each place and the priorities that its inhabitants have established.

Day by day, this innovative initiative is more widespread among society seeking to solve environmental or economic and social problems, which is why we hear more and more about social entrepreneurship .

Each proposal of social entrepreneurship is a challenge, where the only goal and end is the best quality of life, not only individual, but rather, looking for new alternatives to obtain collective benefits.

Both differ in the way in which they get monetary income and the way in which they spend it, that is, the benefits obtained by the communities dedicated to producing, the way of equal distribution of monetary income and the way in which it is generated activities aimed at developing and consolidating a sustainable society, always taking into account social, economic and environmental aspects.

The market receives a number of products, services and consumer goods from companies with a social impact, basically according to the following characteristics:

  • The reason for commercial action is in the collective interest and is precisely the social objective, which is achieved through social innovation and the production of services and goods.
  • To realize the social objective, they also rely on the reinvestment of the benefits obtained.
  • The form of ownership and the way in which they are organized are also a reflection of the social objective.

They are oriented towards social justice, towards community participation, towards transparency, towards responsibility and towards democracy.

The social entrepreneur

A social entrepreneur is a person who seeks a solution, in an innovative way, to a community need or to a social problem that arises, through a sustainable way of producing some good or service that provides a clear solution to the requirements and that optimize the quality of life of the inhabitants who make life in it.

As it should be?

  • This social entrepreneur can be characterized as a proactive, passionate person , very confident in himself and his idea, resilient and dissatisfied because he is always in search of new and better ways of doing things .
  • Thus, social entrepreneurs are always looking for a change , a new way to improve the living conditions of the less fortunate people, thereby improving the community where they live.
  • They are in charge of creating value for each activity they carry out , they will not always have it easy, in many occasions it is a titanic uphill race that they must know how to overcome.
  • It is very important for them to have certainty about the idea they are developing to achieve their objectives and to get their business project started, on many occasions they can be viewed as true heroes because thanks to their efforts, even with many people and situations against them, It makes its action becomes a better life for many others.

Lately it is common to hear about social entrepreneurship, however, it is a phenomenon that has been present among us for a long time, perhaps forever.

This can be affirmed because the innovation and creativity of social entrepreneurs has always been ready to benefit communities to improve the quality of life of the other people who make up society.

The passion with which they start a project, their discipline and their enthusiasm will make the difference between a successful social project and a resounding failure, this is when he shows if he really has the characteristics of a social entrepreneur, with his tenacity and struggle to conquer achievements.

Not only to obtain economic gains, but rather to satisfy the requirements, needs and demands of a community or part of society, here money is not so important because what prevails is the social aspect.

Social entrepreneurship today

social entrepreneurship

The world is full of innovative examples of social entrepreneurship, developed with the main objective of doing better and better, some that can be mentioned are:

  1. Allowing Internet access to higher quality education free of charge, to guarantee the economic sustainability of the project uses strategic partnership relationships with advertising companies and affiliate marketing.
  2. Facilitate financing to literate groups of communities around the world through the collection of donated books and their subsequent sale through the internet.
  3. Check the forecast for the state of the weather to control the activation or not of the sprinklers for water irrigation, minimizing their unnecessary use in rainy seasons, a great idea to promote the saving of the precious liquid and protect the environment avoiding its unnecessary expense
  4. The creation of a device to inject without the need for needles, specially developed for use in third world countries, thus avoiding some type of injury and the possible spread of diseases

Some famous social entrepreneurs are related to the world of computing, computing, telecommunications and social networks, including Steve Jobs (Apple), Bill Gates (Microsoft) and Matt Zuckerberg (Facebook).

Each of them has demonstrated their social initiative by promoting projects to collaborate to improve the water supply in some communities, to implement development programs and computer training and to help fight poverty.

Advantages and benefits of social entrepreneurship

The advantages and benefits of social entrepreneurship are undeniable, some of them are:

  • The social entrepreneur is recognized by society as a person, or company, capable of solving a collective problem through an innovative change in their environment
  • They help large numbers of people solve local situations and satisfy their needs, through ingenious arrangements in ineffective aspects of the market.
  • They are an empowering agent of social progress and the transformation of a community to improve the quality of life of its inhabitants
  • Their passionate nature allows social causes to be important as an object of improvement, for which they develop projects aimed at achieving them and obtaining both social and economic benefits.

Some may think that the idea that an organization or company may aim to care for and improve the environment while simultaneously obtaining economic benefits is not very credible.

That is why the importance of social entrepreneurship for the business world, every day, consumers are more demanding, organizations, in order to stay operational, must adapt to this situation and their needs.

Social entrepreneurship proposes innovative solutions, solves community problems, improves the quality of life for hundreds of people and makes this a better world.

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