5 Ways Entrepreneurs Can Combine Profit and Purpose
If you want to leave a legacy and give back to society, you need to make some smart decisions along the way. Here are five ways you can make your mark while sleeping peacefully at night.
- Pick an impactful industry.
Depending on your background and skills, you may feel limited about which area you decide to go into. However, this shouldn’t always be the case. The key is to pick an industry that has a real, tangible impact on the world.
For example, biotech is one of the most exciting industries to be in because the constant innovations don’t just make smartphones smaller or rented accommodation more authentic. Those breakthroughs actually save lives and work to eradicate diseases or revolutionize medicine. From finding a cure for cancer to making vaccines safer, biotech (currently valued at $415 billion) allows social entrepreneurs to leave a legacy while solving world problems.
Photo courtesy of David Weekly.