As the world becomes more and more disillusioned with the idea of entrepreneurship for the sake of profit, social entrepreneurship is quickly becoming the new business model.
The rise of the conscious entrepreneur is not at all surprising: increased prosperity has led to very little social progress, demand is running the health of our planet into the ground, the line between our work/life self is becoming more blurred, and nothing is trickling down.
The widespread discontent with the current system has led thought leaders and socially conscious entrepreneurs to start reimagining what a sustainable and progressive business model might look like.
Though it may sound too good to be true at first, the key principle guiding social entrepreneurship can already be found in countless ventures across the country: using new technology, capital, and investment to drive long-lasting social change and transformative benefits to society as a whole.
We have always been fascinated with the idea of the self-made, genius entrepreneur.
But as environmental sustainability and social responsibility become standard practices for businesses intending to find their place in a more conscious world, the classic entrepreneur is also realizing that their talents and efforts should be put to use for truly world-changing projects.
Through these lenses, entrepreneurial success doesn’t have to come at the expense of our planet and society. Instead, social entrepreneurs aim to leverage their influence and expertise to affect the world in a positive way with every new venture.
For a project to be successful, social entrepreneurs, companies, and all other stakeholders need to effortlessly combine sustainable profits with altruistic motivations.
Needless to say, this is hardly an easy process to tackle.
And yet, everyone is talking about social entrepreneurship as the only way forward.
If you believe that the purpose of business should be transforming society for the better, driving social progress, promoting equality, and developing the strategies and technologies necessary to see these goals through, there may just be an ambitious social entrepreneur hidden within you.
Social entrepreneurs are actors of change
Social entrepreneurs, companies, entrepreneurship groups, and government partners are essentially actors of change, often using a combination of strategies such as micro-lending, non-profit mentorship, international development projects, donations, and diversity initiatives to achieve their socially-minded goals.
As opposed to companies that have incorporated conscious capitalism practices into their existing business model, social entrepreneurship actors see social progress as the main motivator behind their ventures.
In short, this is a business model entirely based on living a purpose-led life and striving to implement transformative progress every step of the way.
It’s not surprising that new entrepreneurs are more attracted to the world of conscious business: if capital means influence, then this influence must be directed toward something worth fighting for, something that benefits all of us and makes the leaders behind this choice happy with the good they’re putting into the world.
These ideas are even more attractive to women leaders and established professionals looking for ways to feel more inspired, motivated, and wholly satisfied with the work that they do. The stress and bustle of our day-to-day work environment, our never-ending to-do lists, and the responsibilities that pile up with every new progression can often make us feel stuck instead of driven.
Reconnecting with our core purpose and directing our efforts toward creating real and long-lasting change can bring curiosity and excitement back into our work lives.
The higher purpose life
The principles of social entrepreneurship, conscious capitalism, and corporate sustainability can mean as much to personal development as they mean to business.
When professional women live a life of purpose and responsibility, they can feel empowered to stretch out of their comfort zone, exercise more creativity in their daily thoughts and leadership practices, and carry out all their responsibilities with a renewed enthusiasm and motivation.
Leaders who are inspired inspire others in return, and women leaders who decide to follow their altruistic ambitions through entrepreneurship can extend that influence much further, setting an example for other professional women that will follow in their footsteps. This is how, step by step, individuals can bring effective change to the global community — all while progressing in their careers.
Our goal is to help women and women-driven teams tap into their higher purpose, wherever it may lie, sothat they can master their influence and intuition to move this conscious model forward. Whether you are looking for your next side hustle or well on your way to lead the next big thing in social entrepreneurship, we are committed to giving you the resources to achieve your greatest potential.