Social
entrepreneurship is a for-profit business model that strives to make a positive
impact on social issues or the environment.
Social entrepreneurship is the process by
which individuals, startups and entrepreneurs develop and fund solutions that
directly address social issues.
A social entrepreneur, therefore, is a person
who explores business opportunities that have a positive impact on their
community, in society or the World.
Social
entrepreneurship is all about recognizing the social problems and achieving a
social change by employing entrepreneurial principles, processes and
operations.
It is all about making a research to completely define a particular
social problem and then organizing, creating and managing a social venture to
attain the desired change.
The change may or may not include a thorough
elimination of a social problem. It may be a lifetime process focusing on the
improvement of the existing circumstances.