I believe that most people who have not studied social enterprises believe that they have to be a by the book non-profit organization that cannot make a profit without donating it all to the cause that they are supporting, and I want to show in this post that you can create a for-profit organization that still does as much as a non-profit would do for a cause. I took a class with Professor Sweet and Mr. Professor English that opened my eyes, because before I thought that social enterprise was just about starting a non-profit, and I was wrong, after doing many projects where it was suggested that we create a business that was for profit that would still benefit a cause, I learned that there is really no line between for profits and non profits in this space, you can have the same impact either way. For example, my group wanted to create a coffee shop that helped animals get adopted, so we would be working with the APL which is a non-profit organization to get them the everyday that they lack for for these animals by creating a pet cafe, and allowing them to bring these animals in for people to interact with while they go through their normal day and schedule, I will be forever grateful for this class that I took and use a lot of the valuable lessons I have learned in my future endeavors.
Categories : Uncategorized
Comments
millennialentrepreneurs.com
Copyright © 2024 All Rights Reserved
Copyright © 2024 All Rights Reserved
It’s really nice to read this post because I know the difference between the two has always confused me. The clarification is helpful because I had also wanted to have a social impact business in my elevator pitch but couldn’t tell if that meant I needed to be a non profit or not. The impact you have is based on what you do and how you help, not whether you make money off of it or not.