PROFIT AND SOUL

Contrary to popular thinking, business is not about profit and greed, but should truly be about quality service and moral upliftment. Money really messes up the equation and the soul. We need to understand its advantages and limitations. Otherwise, it will choke the planet. Deliberately. Join this blog to see how business ethics can be modified for a better future.

Monday, May 21, 2007

SOCIAL ENTREPRENEURSHIP

A Social Entrepreneur is a person who takes risks for the betterment of society, but does so in a business-like way. It is a label, and all labels have limitations. For me, it is a good way of describing my work as an ethical businessman. However, what I find is that businesses do not seem to take social entrepreneurs seriously and treat them differently from those who are purely profit-oriented. And charities do not seem to have money (sometimes none at all) to pay a reasonable market wage to social entrepreneurs for the skills they possess. So it is hard to straddle the two worlds - either one is a pure profit-oriented businessmen or one is a pure social reformer. This seems unjust and unfair, but in my experience, is very real.

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