So You Want To Be A Social Entrepreneur?
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Transcript of So You Want To Be A Social Entrepreneur?
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So You Want To Be A Social Entrepreneur?
Darian Rodriguez Heyman
March 21, 2012
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So You Want to Be a
Social Entrepreneur?
March 21, 2012
Darian Rodriguez Heyman
NonprofitWebinars.com
Definition & Key Elements• “Someone who recognizes a social problem & uses
entrepreneurial principles to organize, create, & manage a venture to make social change.” (Wikipedia)
• Mission-Driven
• Success = Impact
• Not Limited by Sector
• Game Changer: Advance Systemic Change
– Transformative Impact
– “Creative Destruction”
Martin Luther King, Jr.
“True compassion is more than flinging a coin to a beggar; it comes to see that an edifice which produces beggars needs restructuring.”
You’re In Good Company
• Abraham, Jesus of Nazareth, Buddha…
• Mohandas Gandhi
• Florence Nightingale
– Developer of Modern Nursing Practices
• Muhammad Yunus, Grameen Bank
– 2006 Nobel Peace Prize Winner
– $4BB lent to 2.8MM Borrowers in Bangladesh (95% Women)
– Micro-Lending: 41.6MM loans to World’s Poorest Families
– Now Sharing Offices with Nonprofit Assoc. of the Midlands
Van Jones: Green Collar Jobs
My Story
Where it All Began:
Bill Drayton
• EPA
– Emissions Trading (Acid Rain)
• Ashoka: Innovators for the Public. Since 1978:
– 46 Countries
– 1,400 Grantees
– $40MM + Credibility
• “Highly Leveraged” Approach to Social Change
– Goal: Leave Their “Scratch on History”
Defining Characteristics
• Good Listeners
–Feedback Loops
• Openness to Change
–Willingness to Self-Correct
Defining Characteristics• Outcomes-Oriented
– KPI’s
– What Does Success Look Like?
– Dream Your Dreams
• Strong Moral Fiber
– Committed/Tenacious
– Strong Inner Core
– Share Credit
• Leveraging Gvnt., Technology, & Waste
Rules of the Game• Go Big or Go Home (What Would You Do?)
Rules of the Game
• Go Big or Go Home
• Do Less
– Focus
– Leverage
– Strike the Root
Rules of the Game
• Go Big or Go Home
• Do Less
– Focus
– Leverage
– Strike the Root
• Paint the Picture
– B to the Y
Rules of the Game
• Collaborate, Collaborate, Collaborate
– Share Credit
– Cross-Sector
– Interdisciplinary
• Food for Thought
– Kay Sprinkel Grace
– Kevin Danaher
– Bill Clinton
Trends
• Earned Income
–uBIT
• Coopetition
Tip 10: Understand the
Social Capital Market
• Stay on Target
• Impact Investing is Different
• 20-50% vs. 3-5% Raising $$$
• The Good New Boys Network
• SEA, SoCap, SVN, Investors Circle
Where to Turn• Ashoka.org
• EchoingGreen.org
• Social Edge @ skollfoundation.org
• David Bornstein, How to Change the World
Walking the Walk
• Inspired…
Walking the Walk
• Inspired… to Action
• What are you Going to Do When you Leave Here?
– Pick One Thing
• I’m Not Here for You
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