2. WHAT IS SOCIAL ENTREPRENEURSHIP?
Social Entrepreneurship is the process of
recognizing and resourcefully pursuing
opportunities to create social value.
Social Entrepreneurship is the use of techniques by
start up companies and other entrepreneurs to
develop, fund and implement solutions to social,
cultural or environmental issues.
Spectrum of Entrepreneurship : It draws best of
both worlds – Not For Profit as well as For Profit
Not For Profit For Profit
3. WHO IS SOCIAL ENTREPRENEUR?
Social Entrepreneurs are individuals with innovative
solutions to Society’s most pressing problems. They
are ambitious and persistent, tackling major social
issues and offering new ideas for wide-scale
change.
Social Entrepreneur is a person who establishes
an enterprise with the aim of solving social
problems or effecting social change.
Examples of Social Entrepreneurs:
Acharya Vinoba Bhave (India) Land Gift Movement
Muhammad Yunus (Bangladesh) Grameen Bank
Dr. Maria Montessori (Italy) Chidhood Educaction approach
4. FUNCTIONS OF SOCIAL ENTREPRENEURS
To address social issues inadequately addressed
by Government
To provide urgent but sustainable solutions to the
most difficult social problems
To create long term systems & frameworks for
NGOs, CSR & Philanthropy etc.
Bring professionalism & innovation in Social Sector.
5. DIFFERENCE BETWEEN
ENTREPRENEURSHIP & SOCIAL ENTREPRENEURSHIP
Economic Value
Customer
Wealth Maximization
Indirectly linked to
Social issues
Social Value
Society
Social Impact
Directly linked to
Social Issues
Entrepreneurship Social Entrepreneurship
6. CRITIQUES OF SOCIAL ENTREPRENEURSHIP
Not Properly defined. So almost any form of human
achievement can be labeled as Social Entrepreneurship.
Hidden Agendas behind Social Entrepreneurship are
difficult to find out.
Cash Flow Models of Social Enterprises may be For
Profit yet they can work as Non Profit and gain
Government support
For Profit Social Enterprises can not accept donations
while Non Profit can not accept Investments even if both
are working for Social Change.
7. KEY AREAS OF WORK FOR SOCIAL
ENTREPRENEURS IN INDIA
Education
Healthcare
Agriculture
Skills Development
Environment
Renewable Energy
8. SOCIAL ENTREPRENEURS OF INDIA
Rashmi Bansal, the author of number of books on
entrepreneurship classifies Social Entrepreneurs
into three types:
1) Rainmakers: revenue generating social
enterprises where profit is not primary motive.
2) Changemakers: are resolute in their belief for
change.
3) Spiritual Capitalists: completely devote
themselves to the work of upliftment of people.
9. SOCIAL ENTREPRENEURS OF INDIA
RAINMAKERS
Bindeshwar Pathak – Founder of ‘Sulabh’ Toilet
Vineet Rai – Founder of Aavishkaar Social Venture Fund
Harish Hande – Founder of SELCO, Solar lighting firm
Sumita Ghose – Founder of Rangsutra, textile sourcing
firm
Saloni Malhotra – Founder of DesiCrew, Rural BPO
10. SOCIAL ENTREPRENEURS OF INDIA
CHANGE MAKERS
Arvind Kejriwal - Founder of NGO Parivartan,
Citizen Empowerment via RTI Act
Trilochan Sastry – Founder of Association for
Democratic Reforms (ADR)
Madhav Chavan – Founder of NGO Pratham
Anshu Gupta – Founder of NGO Goonj
Shaheen Mistri – Founder of NGO Akanksha
11. SOCIAL ENTREPRENEURS OF INDIA
SPIRITUAL CAPITALISTS
Madhu Pandit Dasa – Founder of Akshaya Patra
Baba Ramdev – Founder of Patanjali
Sri Sri Ravi Shankar – Founder of Art of Living
Vinayak Lohani – Founder of Parivar Ashram
Sheerish Jadhav – University registrar at Belur
Math
12. LESSONS
Social Entrepreneurs are either ChangeMakers or
Change Agents. They don’t believe in Status Quo.
Social Entrepreneurship gives more Satisfaction than
Entrepreneurship as it focuses more on creating
‘Social Value’ than ‘Wealth’
Social Entrepreneurship provides the much needed
‘Balance’ and ‘Purpose’ in life.
Social Entrepreneurship helps in making World a
better place.