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28 October, 09:15

How are business entrepreneurs and social entrepreneurs different?

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  1. 28 October, 10:03
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    Both approaches fulfill a need in the market and aim to earn a sustainable profit. The main difference is that social entrepreneurship focuses beyond simply generating a profit, and measures its performance on the positive impact the business makes on society - whether social, cultural or environmental.
  2. 28 October, 11:07
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    Business entrepreneurs risk their own money to try make a profit. The company does not necessarily create a product to solve a social problem.

    Social entrepreneurs often have borrowed capital to solve a social problem. They don't necessarily have to make a profit. Their focus is to solve a social problem, such as pollution, poverty, or crime.
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