Key challenges for social entrepreneurs - By Daniela Papi

Key Challenges for Social Entrepreneurs

@danielapapi

The prac9ce of combining innova9on, opportunity and resourcefulness to come up with solu9ons to some of society’s most challenging problems.

What IS “social entrepreneurship”?

The prac9ce of combining innova9on, opportunity and resourcefulness to come up with solu9ons to some of society’s most challenging problems.

Social entrepreneurship is about DISRUPTING the status quo in an effort to achieve transforma9onal social change. -‐ Pamela Har9gan, Skoll Centre for Social Entrepreneurship

What IS “social entrepreneurship”?

-‐ Pamela Har9gan, Skoll Centre for Social Entrepreneurship

What is their stated “impact”?

Model Impact

Income model Distributed funding

Copyright Daniela Papi 2014

BeMer World Books

Model Impact


Sustainable purchasing or production model

Income and protection of input markets



Tonlé

Model Impact


Sustainable purchasing model Income and protection of input markets

Employment model Overlooked group supported through employment or ownership



Model Impact




Integrated impact through a product or service

The service or product sold IS the impact



Model Impact




Integrated impact through a product or service

The service or product sold IS the impact

Eco-system support Helping other social enterprises thrive or working as a market intermediary



Model Shift

Income-generating models Creates a fully or partially sustainable income scream to grow impact through sales

What makes them “enterprises”?


Non-profit

For-profit

For-profit

Impact core

For-profit

Non-profit

Hybrid

Model Shift

Income-generating models Creates a fully or partially sustainable income scream to grow impact through sales

System changing models Redesigns a current system and creates a new standard for how work can be done


What makes them “enterprises”?

Copyright Daniela Papi 2014 Design by Luis Barreto

Great ideas oQen stem from the intersec9on of two topics


Don’t get married to your idea!


“Innova9on” is not as important as

hard and con9nuous work


Scale doesn’t NEED to be the goal… especially if

quality can’t be maintained


Scale might mean taking PART of your work and

distribu9ng that


Scale might mean OTHER PEOPLE taking your work and making it grow… and

you helping them


Define your “north star”


Measure for USE not PROOF


Understand the difference between

grants, loans, and equity and when you might want to use each Copyright Daniela Papi 2014 Design by Luis Barreto

Understand the difference between profit and cash flow


Understand the difference between “possible” profit and making that a reality


Do values based interviews


“Get the right people on the bus. Get them in the right seats. Decide where you are going.”

-‐Jim Collins


Don’t point your finger outward


Make sure you are “insight” driven, not “idea” driven


“Problem to be solved”

-‐ Clay Christensen


Listen


Some9mes the “innova9on” is in the distribu9on model


You don’t necessarily need to build the

distribu9on model… find partners


Support your evangelists


Impor9ng ideas is ok… but they need buy-‐in and

adap9on


Invest in bridging any cultural divides


Watch out for priori9zing

innova9on over impact

income over impact

entrepreneur over impact

scale over impact

YOUR solu9on over impact

marke9ng over honesty & respect


Thank you!

@danielapapi

Key challenges for social entrepreneurs - By Daniela Papi

Small Business & Entrepreneurship

Transcript of Key challenges for social entrepreneurs - By Daniela Papi