Jan 6, 2022

Understanding the Tricky Balance When Launching Social Startups

At a time when our world is facing unprecedented challenges, from climate change to political polarization to a global pandemic, entrepreneurs and nongovernmental organization (NGO) leaders cannot afford to operate in silos. Entrepreneurs possess resourcefulness, creativity, and initiative; heads of nonprofit organizations are equipped with depth of knowledge, purpose, and the patient determination that comes with that purpose. Together, these partners can turbocharge impact if they properly calibrate their respective contributions to create new social enterprises.

A social enterprise can be a business with a social mission or a civic effort with an entrepreneurial culture and instincts. When a social enterprise is structured as a business, it can channel market forces to advance the social good while building a self-sustaining enterprise. When a social enterprise is structured as a nonprofit organization, its funding engine relies on donations instead of a commercial stream of income; but it moves more swiftly, acts more resourcefully, and may have a more innovative change model than does a traditional NGO.

The healthy tension between business entrepreneurs and NGO leaders who partner to create new organizations is important to navigate with balance…

Read the full article on Inc.

NGO          social entrepreneurship

More from Daniel

2022 High Point University Commencement Address

Today, I want to talk about a light and fluffy subject: your generation’s role in steering humanity in the right direction. No pressure, Dalton. 

But in all seriousness, Dalton, I love what you shared about “leaving everywhere you go better than you found it…and finding ways to give grace and inspiration to the people around you.”  

I want to talk today about HOW to do that as you are all simultaneously challenged and blessed with graduating as our world is re-entering a stage of dramatic consequence. 

The ship of humanity is moving in the wrong direction, and it will be upon all of you to steer it back on track. 

To illustrate this point, I want to compare the circumstances when my father’s generation came of age, to those when my generation and your generation graduated from college. 

My father was fifteen-and-a-half when he was liberated from the Dachau concentration camp by American soldiers. He was barely alive.  He never got to go to school past third grade, let alone college. Several of your grandparents were around your age when they were sent to free Europe from tyranny and darkness. 

By contrast, when I was fifteen years-old, my family immigrated to America from Mexico. I was able to attend college during a period when passionate but cordial debate was the norm. I remember observing political leaders vehemently disagree on a particular topic, while maintaining a friendship rooted in respect. Our world was far from perfect – but the arc of human progress trended in an upward direction. Freedom, open markets, human rights, civility, and the quest for knowledge were all advancing.  

It seemed almost too good to be true.  In fact, it was so good that we began to lose sight that Our Great American Experiment isn’t so much a fixed state of affairs as it is a purposeful daily affirmation – something that we opt into, live out, and vote for not once every four years, but every single day – through how we engage with one another. 

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