If you are interested in creating that profit business where you can flourish, below are just what you need.
Know your social problems
To become a social entrepreneur, the focal point is to identify the problem. Doing so helps you seek a solution. Try not to deviate from your focus; it is important you create a product around a known problem than creating an abstract solution and then decide where it might fit in. There are countless issues to choose from. You need not look too far from reality. We are confronted by these problems every day. Diseases, hunger, governmental irresponsibility, environmental pollution, etc. Problems abound for you to choose from.
Dream big and seek for corporate partnership
Every good idea surely leads to success. As a social entrepreneur, your main goal is to see your ideas turn into reality, to prosper and be made into a successful scheme. Start by building a strong foundation, recall that before you ever start anything, someone must have been there. So partner with organizations that know the terrain very well. Align with organizations with good track record; those whose ideals tally with yours will help you to achieve your end goal.
Hire the Best Staff
Beside corporate partnership, you can do it yourself by employing professionals. Hire competent, smart and intelligent staff. As exhilarating as it can be, it is the most important decision you need to make as an entrepreneur. The choice you make in hiring determine the strength of your success or failure. Be sure that those whom you are in business with understand your goals and are ready to play along. Have an in-depth job analysis on the task ahead by defining the roles. Don’t allow personal bias to get in the way of selecting the best candidate, employ a competent stranger than inefficient relative. The staff must undergo training to remain effective. Good remuneration and welfare package is a must. Remember, if you want the best pay the best.
Be Focused and Don’t Be Deterred by Changes
This aspect cannot be over emphasized. An important part to becoming a social entrepreneur is the need to put into consideration your mission and passion. You need to be able to tap into public compassion. If you make a business decision strictly for the profit potential, it may not attract the right partners, people and public. Acknowledging a lot of factors may be considered. In most cases, it’s rare to find your unique selling strategy. Don’t let that deter you. Agreed, it takes time, but it’s worth the wait. So what are you waiting for? Go have a great time and pursue your dream of being a social entrepreneur.
Consider It as a Business and Use All Available Platforms
While it’s important that we function as a nonprofit, a well-run organization with a different business objectives are known to be the most successful. For it to be effective you need to be everywhere your donors are, with a view to adding professional touch to their values. Never lose sight of what your ultimate goal is.
Be Dedicated
An effective solution to solving social problem, requires that you identify and stay committed to a vision and be determined to stand despite all odds in the face of any challenge. Recall you can’t do it alone. At the development of the project, there may be an extensive area that may require more hands. So partnership can’t be ruled out as mentioned earlier.
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