Creating Contributors

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Creating Contributors

• Ideas for social entrepreneurs
• Jim Randall - raconteur

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Today

• -What is a social entrepreneurship and why
  consider becoming one?
• -How to evolve into a social entrepreneurship

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My hope for today

• You leave here with ideas that change the way you
  think and ideas to think about

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Social Entrepreneurship

• Idea

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• Social business entrepreneurs can help make
  the market work for social goals as efficiently
  as it does for personal goals
• -Muhammad Yunus

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Social Entrepreneurship

• Context
• A social entrepreneur is someone who recognizes a
  social problem and uses entrepreneurial
  principles to organize, create, and manage a
  venture to make social change

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Social Entrepreneurship

• Context
• A social entrepreneur is someone who recognizes a
  social problem and uses entrepreneurial
  principles to organize, create, and manage a
  venture to make social change

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Entrepreneurial Principles

• Self-sustaining

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Entrepreneurial Principles

• Focus
• What business are we in?
• What is our purpose?
• An explicit social issue

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Entrepreneurial Principles

• Resources
• Seek mutually beneficial partnerships

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Entrepreneurial Principles

• Innovation
• An opportunist- exploits change

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Entrepreneurial Principles

• Results
• Pay us for our results not our mission
• Measuring the un-measureable
• Be explicit about success
• Transparency and accountability

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Why?
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Forces of Change
Traditional sources of being
reduced
Increased needs
Community social needs
Need for innovation
Businesses and governments seeking
strategic partnerships
Fewer social service agencies
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Opportunities

• To take a bigger view of our community of common
  interest and ask
• -Who may benefit from our services and our
  success?
• -Who has resources that could benefit us?

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Opportunities

• Partnerships
• The services we provide our client may be similar
  to services offered by others in our community or
  in other communities.

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Opportunities

• Our success may benefit others in the community
  governments, businesses or other social agencies
• Reduce the impact of their operations on the
  community
• Have a positive impact on their bottom line

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Opportunities

• Not for-profits
• The services we provide may be of interest to
  those who are not in need of charity and capable
  of paying for those services at prices above our
  costs.
• For-profits
• The services we provide may be of value to those
  who cant afford to pay - so find a sponsor
•  

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• Becoming a co-operative community social
  entrepreneurship does not mean forgoing our
  existing sources of resources but enhancing our
  current relationships and developing others

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Why?

• For those we serve
• Keep operating
• More self-sustaining
• Engage more community resources
• Generate innovative ideas and initiatives

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How do we evolve into Social Entrepreneurship?
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• Determine the business we are in, what is our
  purpose?
• Select our explicit issue and research how we
  will differ from others
• Determine interest
• Develop our story
• Identify those people and organizations that will
  benefit from our success and what we will
  contribute to them
• Tell our story and engage employees, donors,
  businesses and the community in generating ideas
  and initiatives
• Determine the criteria of success and how we
  measure it
• Develop initiatives that are results oriented
• Business case initiatives
• Assign responsibility
• Constantly measure and report on our progress and
  celebrate our successes

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Your Story

• Moves an idea from
• Your head
• To your heart
• To your gut

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Jim Randall

• My Role
• Help leaders
• develop a focus,
• create a clear and compelling story,
• tell the story to engage employees, donors and
  the community in developing ideas on how to
  progress,
• create initiatives that further progress and put
  in place systems to measure our progress
• My contribution
• The processes and knowledge engaging people and
  building relationships
• My Interest
• Working with social entrepreneurs

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Your options as a socialentrepreneur
enhanced relationships with funding partners
think and act like an entrepreneur
charity
do nothing
charity
Options
bait
develop initiatives that are self-sustaining
social entrepreneur
self-sustaining
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Your Ideas
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Jim Randall-raconteur

• Phone [phone]
• jim_at_raconteur.ca
• www.raconteur.ca