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Four guiding principles for Social Entrepreneurs

100ximpact.org · 670 words · saved by 1 readers

This blog is an extract from Stephan Chambers’ welcome speech to founders in 100x's inaugural cohort during kickoff week at the London School of Economics. For decades, social entrepreneurship has been guided by a familiar triad of principles: purpose, belief, and scale. Social entrepreneurship itself, is a conflation of the social (purpose) and the entrepreneurial (scale). As our world grapples with increasingly complex and multidimensional issues — ranging from enduring problems like poverty and inequality to emerging challenges like data privacy and ethics — we cannot afford to rely solely on the principles and approaches that served us in the past. Besides, the whole point of the social economy model is to fix what the aid and charity sector and, obviously, the commercial market failed to fix. There is a need now to look further; beyond purpose to clarity, beyond scale to impact, and beyond belief to evidence. Over my (metaphorical) bed there are four (metaphorical) post-it notes.

Four guiding principles for Social Entrepreneurs Skip to main content Four Guiding Principles for Social Entrepreneurs 3 min 01 November 2023 Share on Twitter Share on LinkedIn Share on Facebook Share by email This blog is an extract from Stephan Chambers' welcome speech to founders in 100x's inaugural cohort during kickoff week at the London School of Economics. For decades, social entrepreneurship has been guided by a familiar triad of principles: purpose, belief, and scale. Social entrepreneurship itself, is a conflation of the social (purpose) and the entrepreneurial (scale). As our world

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