What are the characteristics of a social entrepreneur?

What are the characteristics of a social entrepreneur?

The social entrepreneur is a mission-driven individual who uses a set of entrepreneurial behaviors to deliver a social value to the less privileged, all through an entrepreneurially oriented entity that is financially independent, self-sufficient, or sustainable. This definition combines characteristics that make social entrepreneurship distinct from other forms of entrepreneurship. Social entrepreneurs:

Mission leader

Emotionally charged

Change agent

Opinion leader

Social value creator

Socially alert

Manager

What can you do to become a successful social entrepreneur? 

The definition of social entrepreneur Described In the previous question  combines four factors that make social entrepreneurship distinct from other forms of entrepreneurship: according to Bacq et al, 2011

1. are mission-driven. They are dedicated to serve their mission of delivering a social value to the underserved.

2. Act entrepreneurially through a combination of characteristics (see previous question)

3. Act within entrepreneurially oriented organizations that have a strong culture of innovation and openness.

4. Act within financially independent organizations that plan and execute earned-income strategies. The objective is to deliver the intended social value while remaining financially self-sufficient. This is achieved by blending social and profit-oriented activities to achieve self-sufficiency, reduce reliance on donations

and government funding, and increase the potential of expanding the delivery of proposed social value.

Describe one example of social entrepreneurship. 

Fundación Luker is one example of the level of success that can be achieved through innovative social entrepreneurship projects, not only in Latin America but globally as well.

Fundación Luker has been pioneer in the implementation of a new education model in several of Colombia’s schools. Through public-private partnerships that help schools transition to the Escuela Nueva methodology, he is working to make his hometown city of Manizales Colombia’s number one city in public education. Escuela Nueva promotes active learning over passive learning and has especially impacted what Jaramillo calls citizen participation skills. By working in interactive groups instead of copying notes from a blackboard, students communicate better, are able to advance at different paces that are catered to them, tackle challenging materials in new ways, and develop stronger autonomy and participatory skills.

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