We hear a lot about social enterprise, and we hear about some great causes they are supporting. A lot of what is heard is about worker-owned cooperatives, and businesses run by women, people of color, and other marginalized groups. These projects also tend to offer training and support for the people who are involved in them.
You may think that “collective enterprises” is too vague a term. This has lead to a lot of debate about what qualifies as a “social enterprise,” and whether it is really “collective.” But the general notion behind these types of enterprises is that they are run by people or groups of people. They are not run by an individual; they are run by a group of people who call themselves the “collective.”
The idea behind a cooperative or co-op is that the people in charge to control the resources and finances of the enterprise, and the National Treasury System takes care of paying their taxes. When we say that an enterprise is a social enterprise, we usually mean that it is run by a group of people. A “national enterprise” is one that is national in scope, like a college. These types of organizations are typically more inclusive and focused on human development, rather than profit.
It can seem like a big jump from a social venture to a business, but that is because businesses are large companies with a larger amount of support and resources. However, a social enterprise isn’t a business.
In some cases, certain industries are better served by social ventures than other industries. If the industry focuses on health care, then such an enterprise may be more effective than, say, a bank or lending institution. Also, if the industry is able to use the skills of a large group of people, then such an enterprise can serve a lot of people who might not be able to afford high-priced investments.
Groups of people who may not be able to afford expensive investment opportunities may be more likely to take the plunge into a business. If you can offer something that is of value to them, then they might be willing to put in some of their time and effort in order to get that benefit. For example, some people would love to have a garden, but just don’t have the resources to support a commercial garden.
Maybe it would be better for them to start a community garden. If they can do that, they will be doing their part for society by supporting their own interests and that of the community at large.
Many of the same qualities that make social enterprises good also make them desirable to a lot of people. While some people may be drawn to larger organizations with lots of people involved, many people want to find a group of people who share their interest, and help each other. If you have other people that are interested in your type of business, that is one thing.
We all like to think that our group is unique, so it is important to keep a sense of humor and not take your work too seriously. Organizing and managing a successful enterprise require you to have a sense of humor. Keep yourself motivated and keep your attitude positive.
People who are drawn to the idea of doing business in a social context tend to be those who are interested in doing something that is very personally satisfying. Such a type of business can offer people a sense of empowerment and self-worth. Of course, it can also be quite fun!
A sense of mutual support is perhaps the most important aspect of a business. Businesses can’t do without people like you. It’s only when they see the results that they realize how important your assistance is.
When you organize a program like this, it’s important to work with a group of people who are passionate about this, and even more important, people who are willing to be passionate about it. It takes a lot of energy and commitment to make something like this a success. So when you organize your own social enterprise, it’s important to work hard to get it started and to work hard to maintain it.