Entrepreneurship has long been around for sometime. Entrepreneurship is the process of starting a business or organization. An entrepreneur is responsible for putting the business in motion via funding, hiring, orchestrating a business model, and sales. As time went on, a new form of entrepreneurship formed. Social entrepreneurship took came to fruition when Bill Drayton discovered it and began to use it with normality. It was first found in print in 1972. Social entrepreneurship is the pursuit of a business that also solves a problem within society. A noble profession, there have been many great social entrepreneurs that have had success. Lets take a look at some of the most successful ones to date.
Bill Drayton – Ashoka: Innovators for the Public
Bill Drayton is not only a successful social entrepreneur, but he actually helped create the term. Drayton’s organization is designed to find and help social entrepreneurs from around the world. Ashoka provides start up financing, connections to global networks, and professional support services. Drayton’s organization has an outreach of 3,000 across 70 countries. For general inquiries, contact Ashoka at firstname.lastname@example.org.
Muhammad Yunus – Grameen Bank
Muhammad Yunus has done many great things for the field of social entrepreneurship. He has won the Nobel Piece Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. The Grameen Bank is a bank that allows the impoverished to be granted a microloan without needing to put collateral down.
Blake Mycoskie – TOMS
Blake Mycoskie founded TOMS, a one for one based concept to help those in need. TOMS started with shoes, when someone bought Mycoskie’s shoes, he would give a pair to a child in need of one. When he realized he had something great going on, Mycoskie took it a step further. TOMS eyewear was eventually launched. With every pair of eyewear sold, Mycoskie would give sight to a child in need.
For more on great causes similar to the ones above, check out this article here.