Social Entrepreneurship

Abstract

Social entrepreneurship applies the principles and guidance start-up founders and entrepreneurs use to a business that directly generates social change or impacts a social cause. A social entrepreneur is primarily motivated by a desire to alleviate systemic social or cultural problems. A social entrepreneur is a person who pursues novel applications that have the potential to solve community-based problems. These individuals are willing to take on the risk and effort to create positive changes in society through their initiatives. Social entrepreneurs may believe that this practice is a way to connect you to your life's purpose, help others find theirs, and make a difference in the world (all while eking out a living).

Social entrepreneurship is a new, innovative business venture that influences change. Social entrepreneurs have a specific cause they care about, and they develop a business model around making a positive impact. The main goal is to create lasting social change through business. The paper will highlight Some key areas of interest for social entrepreneurs include:

• Economic development ,Education, Gender equality, Healthcare etc. Social entrepreneurship can operate as a non-profit, for-profit, or hybrid business, depending on your preferred business model and the funding availability. The four primary types of social entrepreneurs are community social entrepreneurs, non-profit social entrepreneurs, transformational social entrepreneurs, and global social entrepreneurs.