An entrepreneur’s biggest lesson from the rise of social entrepreneurship is that it’s possible to build a business, and that’s even more important now that there are so many more entrepreneurs than ever before.
But the lesson is not all about business and technology, said Andrew Rutter, founder and chief investment officer of Rutter Investment Management.
The lessons are more about the human side of entrepreneurship, the value of community and the need to connect people, he said.
It’s about understanding how to connect with the public, he told Business Insider in an interview.
“If you have a problem, or you’re stuck, or people don’t have the resources, it’s important to find ways to solve it.”
Social entrepreneurship, which focuses on empowering people, started in the 1980s and today is an increasingly popular field, said Dan Krieger, a former CEO of the company BlueScope Capital and a founder of the nonprofit Center for Entrepreneurship at Harvard Business School.
He believes the growth of social entrepreneurs has been fueled in part by the increased understanding of the public’s need for social inclusion, and the growing role that technology plays in providing that.
“It’s the only way that we’re going to solve this,” Kriegler told Business Insiders.
“It’s not going to be solved by just a few entrepreneurs, but by millions of entrepreneurs.”
A growing body of research has found that social entrepreneurship can help people find and build businesses that are socially useful.
And it can also help create a better world.
In his book, “The Entrepreneurial Revolution: The New Social Entrepreneurs,” the economist Daniel Kahneman argues that technology is one of the primary drivers of social change.
“The most important social innovations of the past 50 years have been technology,” he writes in the book.
“They have changed the world for the better.
They have enabled people to connect and work more effectively, and they have transformed people’s lives.”
Kahneman is also a founder and board member of the Center for Social Entrepreneurry at Harvard University.
He co-founded BlueScope, a venture capital firm that has invested in dozens of startups.
He said that while technology can help solve problems, social entrepreneurs can be successful as long as they are able to reach the people who need help most.
“You need a large number of people, and you need a social-willing person to be part of the solution, because if you have no one, there’s no incentive to solve the problem,” Kahneman said.
The role of technologyKahnelman believes that technology and social entrepreneurship are not mutually exclusive, and he said he sees that trend continuing as companies like Facebook and Twitter seek to reach millions of people and become more social.
“Technology has made it much easier for social entrepreneurs to get into the market,” he said in an email interview.
Kahnman said the key is to find people who share your values and who are ready to help you.
He said Facebook, Twitter and LinkedIn have been successful at that, and there are many others.
“There are many more opportunities for people to build businesses through social entrepreneurship than ever,” he wrote.
The key to successKahnmann said social entrepreneurs need to work to reach and connect with people that have different values than they do, and to build the social connections necessary to get them to do what they need to do.
“I think there are a lot of good things about technology that we need to recognize, understand and learn from,” he explained.
The biggest thing that’s changed is the social environment that we live in.
We now live in a world where we have more than one social media account, and people have access to the information they need on the internet, he added.
So, what does social entrepreneurship mean for you?
Kahnerman said that social entrepreneurs are looking to create businesses that they are passionate about, but they need the right people.
“When you build a social enterprise, you are not only creating a business.
You’re creating a community,” he added, noting that the biggest lesson social entrepreneurs learn from is the importance of community.”
In the social enterprise world, there are no ‘businesses’ or ‘people’ but there are ‘people,'” he said, adding that entrepreneurs should also learn that people are often the key to the success of a social endeavor.”
People are the foundation of the social fabric.
They build it,” he noted.