The goals of making a living and making the world a better place no longer need to be at odds. Here’s how businesses are succeeding by choosing to do good.
Want to make a difference? Looking for your deeper purpose? Not sure about what your next step should be? Having worked in 60 countries with over 400 professionals who want to create social impact, the Amani Institute have identified the 5 key elements to finding your place in the purpose economy.
Whether you’re an established organisation or just starting out, you can’t avoid the fact that you need finance to kick things off or keep them growing. You won’t always find a financial solution that is straightforward or simple. It’s likely you’ll need to work with multiple stakeholders on a “blended” finance structure. Read on for Sefa’s 4 Ps (Partnerships, Passion, Pathway & Persistence), on starting a social enterprise or investing in entrepreneurial growth.
Addressing the world’s most complex challenges by designing specifically for social impact is a largely untapped market with a continuously increasing demand. However, designing for social impact isn’t simply about creating pretty objects for a good cause or selling rad merchandise and giving a percentage of the proceeds to charity. In its ideal form, designing for social impact is envisioning the impact you want to have for a community or individual, bringing stakeholders into the process, working toward sustainable solutions, measuring the difference you’re making, and sharing your results so that positive impact can spread across the world.
The social impact space is booming with new possibilities for millennial-aged changemakers. From voluntourism to starting a for-purpose side-hustle, young people have more drive and passion than ever. Get started on your journey to make a positive change with these top tips.