The Perfect Social Entrepreneurship Examples Involve Doing Business For The Benefit Of Others

By Camille Nicholson


There're many thoughts that jump out of ones mind when the phrase social entrepreneurship examples is used. It's possible to explore it. It would be right to say that at some other time or another, we are all guilty of linking entrepreneurship with making money. Thinking that way however is highly inaccurate if not completely incorrect.

Business entrepreneurs measure their success according to the profit made and the return made. Social entrepreneurs on the other side are completely different. In order to understand what a social entrepreneur is, we have to define the term social entrepreneurship.

They are in it for the money and that is their number one objective. Social entrepreneurs on the other hand are in business for completely different reasons to that of business entrepreneurs. Social entrepreneurship is those businesses that spot a gap in the market and seize the opportunity to form a business out of it.

Though they may generate a profit in their business, it's not what they set out to do. Making money will mean nothing to the organization if the service offered does not benefit or correct and meet the need of the communities involved. Every year South Africa holds the Shoprite checkers woman of the year function.

One such example is Ms Nyeleti Mushwana who recognized that her community was plagued by poverty and she observed that Limpopo had a lot of tourist attractions, and she started her own hotel and business conferences business. Ms Mushwana hired people from her own community, educated them on how to run the hotel business and thus provided poverty alleviation for many members of the Tzaneen community.

One of the greatest and practical examples of social entrepreneurship is a company called ASHOKA. ASHOKA is a business that has dedicated itself to identify, help and provide social funding to social entrepreneurs around the world. As we speak this excellent company has assisted 2145 entrepreneurs in 73 countries of the world.

The social entrepreneurs created by Ashoka have all gone to self sufficient businesses that provide much needed change around the world to underprivileged communities. The HIV pandemic is responsible for a lot of orphans in the country of South Africa, and one of the greatest social entrepreneurs was Nelson Mandela who formed the Nelson Mandela Children's foundation. This foundation looks to make a home for the orphaned children of South Africa and provides them with the opportunities to make it in life despite their circumstances.

As in the case of many social entrepreneurship examples, becoming a social entrepreneur is not " everyone's cup of tea". Unfortunately we are a society of people who are indoctrinated to measure success in accordance with the money that we accumulate individually and for the sole benefit on one's self.




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