“Social entrepreneur” is a term with many definitions and one that keeps changing. But, in my own words, a social entrepreneur is a leader and someone who innovates to meet a need and solve human and environmental problems.
The Huffington Post has joined the Schwab Foundation to dedicate an entire page to social entrepreneurs. You can check it out, and follow it on Twitter, here:
HuffPost Social Entrepreneurship
One evolving change in the perception of social entrepreneurship has to do with profit. With the advent of social business and social venture capital, a venture can be for profit or nonprofit but in either case there needs to be a social return on investment.
Some continue to feel that social ventures have been traditionally nonprofit and should stay that way. They feel uncomfortable with “making money off of the poor”.
What do you think? Should an entrepreneur with a social venture make money?
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