While the definition of a Social Entrepreneur, whether using a for-profit or not-for-profit model, remains up for debate, some basic characteristics of these individuals have emerged. Author Jason Haber, in his book "The Business of Good", explores each of these prevailing characteristics in detail.
Social Entrepreneurs are determined to solve societal problems, whether previously tackled or not, at the roots. They use a combination of Hope: believing that these are ultimately solvable problems, Audacity: daring to believe they will succeed on a massive scale, Disappointment: channeling their belief that these problems should have been solved by others before them, into energy for the work required, Ingenuity: using innovative strategies to disrupt current problem solving models to find better solutions and Tenacity: persevering with unwavering optimism, believing they will succeed despite obstacles and naysayers.
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.