All talk (shortpost)

A pet peeve of mine: spending a lot of time talking about what does or does not qualify as a “social enterprise.”

I’ve quit using the term altogether. We now say “Impact Organization.” Are you an impact organization? Answer these three questions.

  • Does your organization exist first and foremost to solve a significant social issue that improves the lives of people who are substantially disadvantaged?
  • Do you currently make a profit, or have a business plan that leads you ultimately to make a profit?
  • Do you implement your mission without substantial negative side effects to society?

If you can unambiguously answer Yes to these questions, you are an Impact Organization.

Most importantly, if you work in an Impact Organization, I already know you will not be spending more than 3 minutes thinking or talking about this post – while others are defining social entrepreneurship, you have a mission to do.

sb

Author: Salah Boukadoum

I am co-founder of Soap Hope, a social venture that sells natural, healthful products online, then invests 100% of profits into anti-poverty programs for women worldwide. -- My business model is called Good Returns: corporate capital spends one year volunteering to solve a world problem, in the form of an interest-free loan to a sustainable impact organization. The company also serves as a storyteller for the impact organization, and the "cycle" unlocks new value for everyone involved. -- My vision is to transform Dallas into the center of the world for solving humanity's greatest problems. I call it "Impact City." -- Ideas: salahsblog.com -- TEDx Talk: salahstalk.com -- Venture: soaphope.com -- Model: goodreturns.org -- Impact City: s-hope.co/impactcity

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