We’ve heard it from political candidates every time the economy slows: “We need to grow small business”. It has been the platform on which many politicians have staked their entire careers. What is actually done on behalf of small business people is a pulse-pounding discussion for another time.
The goal of social enterprise and what separates a social entrepreneur from a regular start-up, is that they’ve chosen to broaden the base of stakeholders of their enterprise. They’re widening the scope of factors they consider while making business decisions. Instead of merely the owners, employees and investors, they’ll include the community, the environment, the employees’ families etc.
So you want to take your business to the next level? Take a look at retooling your perspective. Re-examine who the stakeholders are and who they should be or could be. If the core of business really is just providing products and services to those that need them, why can’t all businesses do it in a way which benefits more than just their immediate employees and customers?