A social entrepreneur is someone who seeks for new applications with the potential to tackle community-based issues. These people are willing to take the risk and put out the effort to make a positive difference in society through their projects. They frequently must ensure that their ideas are simple to comprehend, user-friendly, and capable of attracting a large number of people to join the company. Here, I’m going to talk about the benefits and drawbacks of social entrepreneurs.

It has been argued that social entrepreneurs can sometimes accomplish more benefit than harm. Some disadvantages include the possibility of additional reporting obligations for social companies. It may not always be possible to fill a specific technical demand. The advantages are that it addresses social issues and expands people’s prospects. It aids in the development of strong communal ties. Government, commercial, and charitable entities are increasingly supporting the social enterprise sector.

To conclude, in a social enterprise, the entire team can be proud of producing a fantastic product while also making a great contribution to our community. When you consider the additional advantages of becoming a social entrepreneur, such as freedom, flexibility, and profit, it’s a very good deal. The most obvious benefit is personal fulfillment.

References

  • Wendy Cukier, Susan Trenholm, Dale Carl, George Gekas, (2011) “Social Entrepreneurship: A Content Analysis,” Journal of Strategic Innovation and Sustainability, Vol. 7,
  • Austin, J., Stevenson, H. & Wei-Skillern, J. (2006). ā€˜Social and commercial entrepreneurship: same, different, or both?ā€™, Entrepreneurship: Theory & Practice, Chand, V. S., & Misra, S. (2009). Teachers as educationalā€“social entrepreneurs: the innovationā€“social entrepreneurship spiral. Journal of Entrepreneurship.
  • Hemingway, C.A. (2005). Personal values as a catalyst for corporate social entrepreneurship. Journal of Business Ethics.