What is social entrepreneurship | Entrepreneurs

by time news

In recent months there has been a lot of talk about a type of entrepreneurship that goes far beyond simple economic interest. It is about social entrepreneurship. This type of entrepreneurship seeks to create a business opportunity that generates impact and solves social and environmental problems.

From the Action Against Hunger portal, they detail that social entrepreneurship is usually known as the Fourth Sector, since it is located in the middle of the public, philanthropic and traditional business sectors and is governed by principles of sustainability and the creation of changes. that have a positive impact on society.

New business modality

Social entrepreneurship is characterized as a new business modality. This type of business is usually carried out by companies and individuals that use a traditional sales structure. In fact, they stand out for giving a different approach to this type of business structure.

The goal of social entrepreneurs is to solve societal problems. Generally, they tend to focus on solving socioeconomic and environmental problems.

In addition to that, this type of entrepreneurship stands out for creating self-sustaining, scalable organizations that generate profits to continue transforming the type of entrepreneurship they have chosen.

innovative solutions

In this sense, the company is in charge of providing innovative solutions to social problems of all kinds, such as the fight against hunger, poverty, social exclusion, diseases, education, climate change, among other difficulties facing the society.

Although it is a form of social entrepreneurship, it is important to note that this type of entrepreneurship uses a company as a means to achieve its objectives. This company is in charge of placing its social actions as a priority instead of seeking a lucrative purpose with them.

On the other hand, in terms of employability, social entrepreneurship also generates jobs and professional growth opportunities for people with innovative ideas.

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