ENTREPRENEURSHIP

Detailed explanation-1: -Curiosity. Social entrepreneurs must nurture a sense of curiosity about people and the problems they face. Inspiration. Resourcefulness. Pragmatism. Adaptability. Openness to Collaboration. Persistance. 06-Jul-2019

Detailed explanation-2: -A successful social entrepreneur does not just have a good idea-they also have the practical business knowledge to turn that idea into a reality. A social entrepreneur’s solution considers market demand and research, finances, resources, and the restrictions and opportunities in their community and country.

Detailed explanation-3: -Innovation basically means generating a new idea with which you can start a business and achieve a substantial amount of profits. Innovation can be in the form of a product, i.e., launching a product that no one is selling in the market.

Detailed explanation-4: -They have a core social or environmental aim. They trade as a means to a social or enviromental end. The mainly reinvest their profits into their social or enviromental aim. Ethical values guide their activities. They can take a number of different legal forms.

Detailed explanation-5: -They are more ambitious for social change than for personal wealth and advancement. They are willing and able to take risks. They have an understanding of business processes and priorities as well as sustainability imperatives. They balance tactical and strategic skill-sets. More items