Social Entrepreneurship: Power of Profit for Social Good – 30 Oct

The “conventional” innovative approach of “social business” as “a non-loss, non-dividend company designed to address a social objective” creates serious limitations to accountability, scaling, attracting investors and competing in an agressive business world. As long as we remain true to a double-bottom line vision and committed to enabling and empowering stakeholders, profit generation and dividends can become the most powerful incentive towards efficient use of resources, transparency and realization of a growing social impact.

Social-Entrepreneur-in-Residence, National University of Singapore Entrepreneurship Centre, Carlos Miranda Levy will be speaking on Social Business is Dead, Long Live Social Entrepreneurship: The power of profit for social good. Carlos was also a Digital Vision Fellow at Stanford University 2004-2005, Google Developing World Scholarship recipient 2004, and acknowledged by CNN as one of Latin America’s top 20 most influential people on the Internet (2010).

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About The Talk

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Some common misconceptions on Social Entrepreneurship covered on the talk.

Social Entrepreneurship is not Charity or Philanthropy.
- you are not asking for donations to give handouts.

Social Entrepreneurship is not Social Business – a non-profit business aiming to do good.
- it is about making profit and maximizing efficiency while having a double-bottom line: profit and social impact.
- you can become wealthy by doing good.

Social Entrepreneurship is not Corporate Social Responsibility.
- Social impact is an “a priori” objective, not an “a posteriori” one or afterthought.

It is not about helping others…
- it is about enabling, engaging, empowering and connecting stakeholders.

It is not about teaching to fish…
- it is about enabling to take care of it, farm it, add value to it, market it and sell it.
- and if it fails, move on to whale watching or biomedical research on fish scales…

Speaker: Carlos Miranda Levy, Social Entrepreneur in Residence, National University of Singapore Entrepreneurship Centre.

Carlos on Facebook, LinkedIn and SocInfo.

Hosted by: NUS BINGO – Business Incubator of Global Organizations

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Event Details

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When: 30 October 2010
Time: 12noon – 1pm
Where: Lecture Theatre 3 (LT3) Faculty of Engineering, National University of Singapore

RSVP here (Facebook).

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