Become a Social Entrepreneur

You can start a business by becoming a social entrepreneur. A social entrepreneur recognizes a social problem and uses entrepreneurial skills and traits to start a business that will address the social problem and make a significant change. Success for the social entrepreneur is measured by the impact they have on society as opposed to financial measures.

Your vehicle as a social entrepreneur will most likely be a non-profit organization. Social entrepreneurship is becoming so popular that a growing number of colleges and universities are establishing programs focused on educating and training social entrepreneurs.

Creating a non-profit organization is like creating a for-profit business. Just as you would do when creating a for-profit company, you will need to do some extensive planning before you start filing incorporation papers and applying for your tax exemption from the Internal Revenue Services. Running a non-profit organization will take more that just compassion. Much like starting a for-profit entity, you will have to conduct research and ask yourself several questions.

What non-profit am I interested in starting? What products and/or services will be offered through my organization?

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