Social entrepreneurs are positive change makers who set up shop to find path-breaking solutions to social problems using innovative fair practices.
The success of any entrepreneurship depends on multiple factors and isn’t an overnight job. However, it’s also important to keep in mind key characteristics of a social entrepreneur that will lead to the desired outcome.
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So then the question arises, “what are the characteristics of a social entrepreneur?”
Let’s have a look at some of the preferred traits of a social entrepreneur:
- Desire – This is the starting point for any social entrepreneur. It is the very desire to see a change in the society/community that gives birth to a social entrepreneur.
- Community driven – One of the main characteristics of a social entrepreneur that may be vital in deciding the fate of a business is the sense of community. The need to live in harmony as a community with the least amount of socio-economic inequality is very high in a person who takes up social entrepreneurship.
- Risk-taker – Entrepreneurship itself means a risk-taker, and without this characteristic, no social entrepreneur will be able to go beyond a certain point in the journey.
- Determination – To stay focused regardless of the obstacles coming one’s way is very important to see through successfully implementing the project.
- Business savvy – Although most social entrepreneurship isn’t profit-focused, it will be an extremely difficult task to see a vision turn into reality without some practical business knowledge.
- Creative & Innovative – The constant urge to use creativity and innovate is vital for successful social entrepreneurship. One has to think outside the box at all times, which makes them stand apart from the crowd.
- Outgoing personality – Networking is an important part of a social entrepreneur’s journey. One must collaborate with multiple people, need support from the government, and have clear communication with more prominent players and the wealthy people in the community for any financial aid required.
- Positive attitude – The life of an entrepreneur isn’t a bed of roses and more so if one is a social entrepreneur. Hurdles and obstacles become part of one’s life as one try to reform society. In such times, keeping calm, staying positive and keeping believing in the cause is an absolute necessity!
- Sense of urgency – We have all seen work getting delayed and being pushed around for small processes, which end up in overall interruption of projects. To not end up in a situation like this, it is essential to have healthy impatience.
- In touch with reality – This one shouldn’t ever be forgotten! Always be practical. One shouldn’t take on tasks bigger than that can be handled. We often see entrepreneurs failing miserably as they fail to keep their feet on the ground and try to chew more than they can swallow. Let’s make sure not to become one of them!
Social entrepreneurship isn’t everyone’s cup of tea, as it requires a lot more effort, resilience and perseverance. However, if you think it’s time you leap of faith, you must take the wealth dynamic’s personality test, and that will help you decide if you should go ahead and take that risk and make that change!