I continue to think what I will do for my career, something
that will enable me to provide for my family but also allow me to do good in
the world and hopefully solve a social problem or two. The more I think about
social business I wonder how I can apply those principles and concepts that
have been done before and still be innovative in my career of doing whatever I’ll
chose to do.
I believe a business can still be considered a social
business if it makes profit and attempts to provide solutions to social issues.
To me, that seems like the definition of what a social business is and we are
seeing more and more of those types of businesses in the world today.
The different between philanthropy and business is one is
more focused on funding and putting money into social causes whereas business is
more for gain and capital for the company itself. In social entrepreneurship the
contrast by finding that middle ground of where to put the money and how to
actually make the money. They coincide by putting to two together in a social
business where the motive to make the money is geared towards social causes,
but you’re still striving to make a profit.
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