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From Student to Entrepreneur: 18 Tips for Starting a Career in Social Impact
Each year, hundreds (if not thousands) of engaged students eagerly learn the art of social change. But does a career in social impact really begin in the classroom, or out in the “real world?” Long-term social entrepreneur Ken Banks shares a few of the lessons he has learned in practice, which could help students and others start their careers in social innovation.
- Categories
- Social Enterprise
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Revenue Over Rounds: Why We Should Encourage Entrepreneurs to Focus on Revenue Before Fundraising
Before the fallout from coronavirus, 2019 was a banner year for startup investment in Latin America. But Daniel Cossio at Village Capital cautions that Silicon Valley-levels of funding could incentivize startups to scale too big, too fast — leading to high-profile failures. He urges investors and entrepreneurs to resist the growth-at-all costs mentality and come up with an alternative definition of startup success.
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- Investing, Social Enterprise
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Frontier Innovators: A New Roadmap for Social Impact
In recent years, there have been growing calls for businesses to focus more on their social impact. Until recently, Silicon Valley had been held up as the paragon of high-impact business models, but its star has dimmed. Social enterprise has long offered an exciting alternative, but the movement isn’t scaling. Now, a new model is emerging, driven by innovators from lesser-known places, explains Alex Lazarow, venture capitalist and author of the new book: "Out-Innovate: How Global Entrepreneurs – from Delhi to Detroit – Are Rewriting the Rules of Silicon Valley."
- Categories
- Social Enterprise
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Sell Benefits, Not Features: Why Social Enterprises’ Marketing Shouldn’t Focus on Their Impact
Social enterprises tend to put their positive impact at the center of their marketing efforts – after all, that's the passion behind their business. But according to storytelling strategist Menno Moffitt de Block, there's a problem with that approach: Many people may care about this impact, but few care enough to change their purchasing decisions because of it. He explains why these businesses should focus primarily on their benefits to the customer – not their social impact.
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- Social Enterprise, Uncategorized
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Bottom-up Solutions to the Climate Emergency: Three Innovative, Eco-Inclusive Enterprises Take a Local Approach
We just reached the end of the hottest decade on record, and local communities – particularly in the Global South – are bearing the brunt of the impact. As climate change disrupts development efforts and worsens global food crises, population displacement and water scarcity, there's a growing need for more resilient communities. The SEED Awards highlight eco-inclusive enterprises that are addressing this challenge – authors at SEED discuss some promising examples.
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- Agriculture, Energy, Environment, Social Enterprise
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A Future Beyond Short-Term Profit: A Movement Builds for Mission-First Business Structures
Business as usual is not working to solve major world problems—in many cases it’s actually causing them, due to flaws built into the foundation of conventional business and investing structures. Jasper van Brakel of RSF Social Finance discusses how this realization is sparking a grassroots global movement behind mission-first business, rooted in stakeholder governance and seeking profit as an engine for creating social, cultural and ecological good.
- Categories
- Social Enterprise
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Climbing the Tech Adoption Mountain: Seven Ways Nonprofits and Social Enterprises Can Leverage Technology for Greater Social Impact
Nonprofits and for-profit social enterprises now benefit from a vast array of technological innovations – but they often struggle to implement them. Devon Ferreira at Originate shares insights from some of the leading minds in the nonprofit and social enterprise world, about how impact-focused organizations can adapt to the challenges – and leverage the opportunities – of new technologies.
- Categories
- Social Enterprise, Technology
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Tackling Africa’s Youth Employment Challenge: Can Social Enterprise Play a Role?
Social enterprise is becoming an increasingly popular business model in Africa – a clear sign that the continent is gradually shifting from aid-led solutions to enterprise-led solutions. Yet despite their potential, social enterprise markets and ecosystems remain in their infancy, says Stephen Hunt at the Challenges Group. He explores how social enterprise can address one of Africa’s key development challenges: employment and job creation for young people.
- Categories
- Social Enterprise
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