Social Entrepreneurship and the Skoll Foundation Notes

Social Entrepreneurship and the Skoll Foundation Notes -...

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2/11/2008 1 The Critical & Timely Rise of Social Entrepreneurship Teach Them to Fish Featuring the Wisdom of Jeff Skoll What is a social entrepreneur? “A social entrepreneur is an individual who brings the techniques, tools and most of all, the spirit of commercial entrepreneurship to the non-profit world ” Michael Malone TV producer the non profit world. Michael Malone, TV producer Society’s change agent: pioneer of innovation that benefits humanity Skoll Foundation Traditional Entrepreneurship versus Social Entrepreneurship Financial return vs helping people help themselves Shareholders vs communities of stakeholders Start-up, business plan, prototype, investment, liquidity event vs – idea, business plan, largest social impact, systemic change Return on Investment (10X) vs sustainability and social impact
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2/11/2008 2 What is Philanthropy? • Definition: – effort or inclination to increase the well-being of humankind as by charitable aid or donations Old Philanthropy?
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