What is Social Entrepreneurship and Who Does it?

1. Lecture 1 What is Social Entrepreneurship and Who Does it? This semester will pick a program and make a portfolio for it

3. Brooks p 3 management

4. What is Social Entrepreneurship and what are social goals they seek? http://www.youtube.com/watch?v=1ecKK3S8DOE • Social E Videos   • http://video.google.com/videoplay?docid=-4400075156490145452&vt=lf&hl=en • 5min • http://www.skollfoundation.org/aboutsocialentrepreneurship/whatis.asp • 7min

5. A history of Social Entrepreneurs in this Country It seems mystical but we will demystify it

6. The PBS Version of Social Entreprenurship • A social entrepreneur identifies and solves social problems on a large scale. Just as business entrepreneurs create and transform whole industries, social entrepreneurs act as the change agents for society, seizing opportunities others miss in order to improve systems, invent and disseminate new approaches and advance sustainable solutions that create social value. • Unlike traditional business entrepreneurs, social entrepreneurs primarily seek to generate "social value" rather than profits. And unlike the majority of non-profit organizations, their work is targeted not only towards immediate, small-scale effects, but sweeping, long-term change. • http://www.pbs.org/opb/thenewheroes/whatis/index.html

7. The PBS Version of Social Entreprenurship • The job of a social entrepreneur is to recognize when a part of society is stuck and to provide new ways to get it unstuck. He or she finds what is not working and solves the problem by changing the system, spreading the solution and persuading entire societies to take new leaps. • Identifying and solving large-scale social problems requires a committed person with a vision and determination to persist in the face of daunting odds. Ultimately, social entrepreneurs are driven to produce measurable impact by opening up new pathways for the marginalized and disadvantaged, and unlocking society's full potential to effect social change. • The past two decades have seen an explosion of entrepreneurship and a healthy competition in the social sector, which has discovered what the business sector learned from the railroad, the stock market and the digital revolution: Nothing is as powerful as a big new idea if it is in the hands of a first class entrepreneur. • http://www.pbs.org/opb/thenewheroes/whatis/index.html

8. The PBS Version of Social Entreprenurship • "Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the fishing industry." • Bill Drayton, CEO, chair and founder of Ashoka • This revolution is fundamentally changing the way society organizes itself and the way we approach social problems. • The stories featured in The New Heroes showcase the work of social entrepreneurs whose innovations are bringing electricity, water, medicine and other life-changing tools and resources to people in the developing world. Each story illustrates the results possible when an innovative idea is coupled with a strategy for action and an entrepreneur's indomitable will. • http://www.pbs.org/opb/thenewheroes/whatis/index.html

9. Early Social Entrepreneurs history is full of people with big ideas whose influence resulted in the reconstruction of entire social and economic systems. • http://www.pbs.org/opb/thenewheroes/whatis/index.html Susan B. Anthony's upbringing as a Quaker inspired her to take up the causes of abolition, temperance and women's rights in the United States. She was disappointed when she realized that her ideals of equality among all people were not the majority view. She eventually focused her energy on the women's suffrage movement and her efforts resulted in the adoption of the 19th amendment, guaranteeing women's right to vote. Anthony's work led to a gender revolution in which women fought for their right to be treated equally, not just at the polls, but in all aspects of their lives. http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_1.html Dr. Maria Montessori Children teach themselves. This simple idea inspired Maria Montessori's lifelong pursuit of educational reform. In 1906 she founded Casa dei Bambini or "Children's House" in Rome. There she developed what ultimately became the Montessori method of early childhood education. Montessori's theories were based on what she observed children doing by themselves, unassisted by adults. Her work changed the way we think about children, and her method has been adopted all over the world. http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_2.html http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_3.html http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_4.html

10. Early Social Entrepreneurs Unlike most women brought up in Victorian England, Florence Nightingale received a rigorous education. Her decision to become a nurse was frowned on by her family as beneath her abilities. She persevered anyway and fought to improve hospital conditions during her service in the Crimean War. Nightingale adapted her success in the military when she returned home and eventually established the first school for nurses. Her achievements brought respect for the profession and she is now considered the founder of modern nursing. http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_6.html http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_5.html Robert Redford Founded Sundance Film Festival http://www.ssireview.org/articles/entry/social_entrepreneurship_the_case_for_definition http://www.speakersbulgaria.com/2010/07/30/robert-redford-celebrity-speaker/

11. Early Social Entrepreneurs John Muir was a turn-of-the-century naturalist, conservationist, inventor and writer. His readers were inspired and often moved to action by Muir's love of nature. In 1890, after Muir lobbied against devastation in the Sierra Nevada caused by ranching, Congress created America's first national park — Yosemite. Muir then helped found The Sierra Club and worked with President Roosevelt to establish the U.S. national park system. Muir was personally involved in the establishment of Sequoia, Mount Rainier, Petrified Forest and Grand Canyon national parks. • http://www.pbs.org/opb/thenewheroes/whatis/index.html http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_1.html Photo: Teddy Rosevelt and John Muir at Yosemite. Courtesy of Library of Congress http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_2.html http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_3.html http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_4.html

12. Early Social Entrepreneurs Frederick Law Olmsted was a champion of the late 19th-century "City Beautiful" movement. Olmstead's work transforming cities with open space took off when his plan for New York City's Central Park won a design competition. He created a slew of other major urban parks, including Rock Creek Park in Washington D.C. and Boston's Emerald Necklace. Olmstead is now considered the founder of the landscape architecture profession in the United States, and has changed the way we think about environment and architecture. Americans now view cities as nice places to live and work, instead of primarily centers of commerce. http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_6.html http://www.pbs.org/opb/thenewheroes/whatis/whatis_ss_5.html http://www.ssireview.org/articles/entry/social_entrepreneurship_the_case_for_definition http://www.speakersbulgaria.com/2010/07/30/robert-redford-celebrity-speaker/

13. What ties all of these together?

14. Community Need Figure 1.1 The process of Social Entrepreneurship Logical Approach Sustainability Assessment Chapter 1 An Introduction to Social Entrepreneurship

17. Let’s focus on a recent one from the reading • Mohammed Yunus http://en.wikipedia.org/wiki/Muhammad_Yunus

18. Describe his program (see p1-2) • Community Need • Logical Approach • Assessment • Sustainability

19. Describe his program (see p1-2) • Community Need • No collateral so had to borrow from middlemen, left with too low a profit margin • Logical Approach • A bank making micro loans so small no collateral needed • Assessment • Rising income and falling poverty rates • Sustainability • Funds, expertise, donors

20. Disc 2- look for evidence of the following 10 minutes

21. Figure 1.3 The forces on social entrepreneurship

22. Figure 1.4 The characteristics of a social entrepreneur

23. $27 Figure 1.3 The forces on social entrepreneurship One of worst famines of modern times Formerly healthy people dying around you Professor

24. Brother says always had a different outlook Figure 1.4 The characteristics of a social entrepreneur Teaching about the economy Conventional banking- those with more get more, his logic, if you have less get more attention Wanted to do something about the problem Others said don’t loan $ to women but did Disillusioned, asked what is life about Loaned without collateral, no legal recourse People said crazy to loan to women and take bank to people

25. Table 1.1 Combination of Risk Aversion and Innovativeness Triggering Entrepreneurship

26. Social Problems Syllabus Review Video: http://www.youtube.com/watch?v=faX6AZyfDrM

27. Dreamer chart – makes you feel bad if not a risk taker- but its really not like that…

28. Figure 2.3 Innovation versus adaptation Brooks p 8

29. Entrepreneurship Personality Quiz 30 questions http://www.forbes.com/2005/11/15/entrepreneur-personality-quiz_cx_bn_1116quiz.html

30. Before taking test- write down, if you are planning on using a program that already exists or creating one on your own. Lets see if the test can predict it.- spreadsheet and do a crosstab!

31. Show Entrepreneur score and whether or not new or proven program being used

32. Figure 1.2 Social Venture Growth 1996 - 2004

33. Next class

34. The Problem you have selected • Watch Yunus Video how was he E and SE? • Write your own Narrative/Obit of your social entrepreneurial life- to share using the following slide

35. Name passed away on year at the age of (age) of… after dedicating her/his life to eradicating, figting solving, increasing,x. S/he first realized this problem when…eureka moment…

36. Stevens 2001