For profit?

As I have come to understand social entrepreneurship, it involves solving social problems through innovative and sustainable solutions. It is noble and respectable especially now in a context where social problems are running our world into the ground we need more social entrepreneurs out there. It is worth mentioning that it doesn’t necessarily mean that you will be broke.

On the other hand traditional entrepreneurship where a business exists to make profit can be of great benefit to society too. They create jobs, engage in CSI initiatives and contribute to the economy of a country – and they make money.

As entrepreneurs starting off in their journeys we are all faced with the decision of which way will we go.

I think the following statement sums it up for me:

My purpose and the purpose of the businesses I have started in the past and those that I will start in the present and future will hold at the heart of them a greater purpose than that of just making money – but they will make money.

Food for thought

Is it really about profit vs not for profit of is their a middle ground?