The Nuts and Bolts of Social Entrepreneurship: Making your Nonprofit Sustainable and Scalable

1. The Nuts and Bolts of Social Entrepreneurship: Making your Nonprofit Sustainable and Scalable Stephanie Barksdale Tulane University Social Entrepreneurship Initiatives December 2010 sbark@tulane.edu

2. Social Entrepreneurship “A process by which citizens build or transform institutions to advance solutions to social problems.” - David Bornstein “The pursuit of sustainable solutions to problems of neglected positive externalities” –Filipe Santos 2009 “Innovation to create sustainable, scalable solutions to our most pressing social challenges. Working at the intersection of business, nonprofit, and government, social entrepreneurs/social innovators blend models and create mission-driven ventures to effect positive social change.” -Tulane University

3. Bill Drayton

4. There are those who look at things the way they are, and ask why... I dream of things that never were, and ask why not?

5. 4 Questions to ask nonprofits: So you want to be a social entrepreneur, What SOCIAL VALUE are you creating? What is your BUSINESS MODEL? How do you SCALE? How do you stay SUSTAINABLE?

6. Creating Social Value • Value most often measured in terms of profit • Social Value measures impact- ability to generate positive externalities • Examples: Enhancing human capabilities, increasing freedom, build levels of trust • Competitive Advantage: What do you do and create that has more value to society? • KEY: Be able to measure it in quantifiable terms

7. Business Model The rationale of how an organization creates, delivers, and captures value • How do you operate? • How do you make money? • Who pays you? • Who is your client? • Who is your costumer?

9. Going to Scale • Scale: Expanding the impact and reach of your organization to effectively solve the problem • Drivers for Scale** • Staffing • Communications • Alliance-building • Lobbying • Earnings-generation • Replication • Stimulating market forces ** http://faculty.fuqua.duke.edu/~ronnie/bio/BloomChatterji_090108.pdf

10. Sustainability Wikipedia: “the capacity to endure” and “meeting the needs of the present without compromising the ability of future generations to meet their own needs” Financial Operational Remaining relevant Evaluation, Assessment, more Innovation

11. Questions? Panelists: Andrea Chen, Founder and Director, Social Entrepreneurs of New Orleans (SENO) Liz McCartney, Founder, St. Bernard Project Tim Williamson, Founder and Executive Director, The Idea Village Beth Stelson, Volunteer, Outreach, & Marketing Coordinator, The Green Project