For many social entrepreneurs, establishing a successful business with a social or environmental purpose is the ultimate dream. But it is a grind with numerous trials and tribulations. Luckily, social entrepreneurs do not have to struggle in isolation. Here’s why all social entrepreneurs need a mentor and how to find one the right one.
Throughout the year, we try our best to keep a running list of exceptional stories about Australian social enterprises. Here we attempt to wrap up 2016 with some of the year’s most worthy headlines. Skim them again or read for the first time for some social change inspiration.
Finding funding is one of the biggest challenges faced by social entrepreneurs. You can have what you think is the best idea in the world but without the moolah to make it happen it’ll be close to impossible to even get off the ground.
The Western Union Foundation is dedicated to creating a better world, where the ability to realise dreams through economic opportunity is not just a privilege for the few but a right for all. Since its inception, the Western Union Foundation has paid more than $106 million in grants and other giving. We sat down with the new face of the Western Union Foundation Elizabeth Roscoe to talk philanthropy, social impact and leadership.
Over the past few years, hackathons have taken Australia by storm. Social good hackathons are now springing up, breathing new life into what has traditionally been a commercial concept. Such hackathons present a unique opportunity to expedite potential solutions to a diverse range of social issues – from empowering persons with disabilities to addressing women’s rights and the refugee crisis.
The Social Good Summit brought together inspirational and committed activists, photographers, academics and business leaders on a single stage, to discuss solutions to the greatest challenges of our time and answer the question,“How Will We Create a Better World by 2030?”.
Did you know that every 6 seconds, a social good blog is launched somewhere in the world? We’ve done all the hard searching for you to bring you a definitive guide to the best-ever social entrepreneurship blogs. Sign up to a couple or all to get the most varied and complete picture of what’s happening in social entrepreneurship in Australia and around the world!
Australia is full of awesome people who are passionate about making the world a better place, and the increasing number of changemaker events are solid proof. From social innovation to sustainable living to impact investing, there is something for everyone.
Australia is one of the luckiest countries in the world, there’s no doubt about it. We’re blessed with a democratic government, a productive economy and a beautiful country. But our young people are currently being underserved.
To be in a position to harness the potential of social entrepreneurship and advocate on its behalf it is important to understand its context, impediments and scope.
Australia has traditionally been a highly successful and prosperous nation. However, we have ridden on our luck for too long, especially in relying on our natural resources to get us through. In this uncertain, disrupted and highly complex environment being lucky isn’t enough. To compete globally we must not only nurture our entrepreneurs, we must include and empower the many diverse voices of our citizens, migrants and the refugees who are seeking a haven here.
Based on the belief that digital technologies are one of the main drivers for the United Nations agenda towards the Sustainable Development Goals, The World Summit Award Social Innovation Congress brought together young social entrepreneurs and innovators, international thought-leaders, ICT experts and regional stakeholders to discuss and recognise digital innovation in creating sustainable social change and impact world-wide.
How do for-profit social enterprises with intelligent, sustainable solutions to social challenges access the funding they need to develop their ideas, test them and bring them to market?
What comes to mind when you think about kickstarting, mapping or developing your social enterprise idea? If it is sitting down and writing a 30-page business plan, think again.
Great social entrepreneurs are always learning, growing, and focusing on creating an environment in which their enterprise, teams, customers and beneficiaries can flourish. However the demanding world of social entrepreneurship makes it difficult to find the time to stay ahead of the learning game. Stop trying to read everything out there. There’s too much. And you’re too busy. Instead, here are the articles that you need to read.
If you’re in need of some guidance or inspiration as you try to change the world, plug in and stuff yourself with these excellent social change podcasts.
Adapted from the excellent book The Art of Social Enterprise: Business as if People Mattered by Carl Frankel & Allen Bromberger, the follow 10 commandments are indisputable principles about how to beat the odds and excel at social enterprise. They aren’t general guidelines to hazily consider embracing. In the words of Frankel and Bromberger, “they are commandments you ignore at your peril.”
Social Impact, Intrapreneurship, Benefit Corporation, Shared Value — there are a lot of buzzwords that get thrown around in the social arena. It is important to understand what these terms mean and when to use them – or when not to use them. Here is a quick guide to help you get to grips with all the jargon and fanfare that surround social change. Whether you add them to your lexicon or boycott them is up to you, just make sure you know what they mean.
The 3rd annual Nexus Australia Youth Summit convened March 6 – 8, 2016 in Sydney, Australia. The Summit brought together young philanthropists, impact investors, social entrepreneurs and allies – including family business members, successful entrepreneurs, and inspiring social change leaders. They discussed the challenges facing the world today and innovative solutions to them.
Effective altruism is built upon the simple but profound idea: that we can do much more to help others (i.e. save many more lives) if we simply take a more objective and rational approach to what we do with our abilities, time, and money. Is effective altruism a new form of philanthropy? Is it the best way to do the most good? Here’s some of the arguments in the effective altruism debate.
With 2016 in full swing, it is now time to get back to work. However, that is often easier said than done – especially if you are trying to change the world. But no need to feel overwhelmed, here are seven mind-blowing talks that are sure to inspire you to act and make a difference.
Each year JBWere puts together an annual update of giving trends in Australia. The report uses a variety of sources to paint a comprehensive and compelling picture of the current direction for giving. The following represent the key takeaways from this year’s report, ‘Australian Giving Trends – Signs of Life’.