What skills do you need as a social entrepreneur, to support the sustainability of your venture?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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What skills do you need as a social entrepreneur, to support the sustainability of your venture?
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Entrepreneur

  • Entrepreneur is the term that is used to define an individual who establishes his or her business all the while bearing the risk of financial burdens and critical decision making for the purpose of earning profits and other rewards of running a business. 
  • They are considered as a type of leader and are focused and highly motivated individuals. They are confident and can independently take big decisions and are risk-takers. 

Social Entrepreneur

  • A social entrepreneur is someone who wants to create an enterprise for the greater benefit rather than for the sake of profit. Social entrepreneurs may aim to create environmentally responsible goods, assist an underprivileged population, or engage in charitable efforts. Along with socially responsible investing and ecological, societal, and political investing, social entrepreneurship is a developing trend.
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