In this episode we discuss how we can look at social enterprises as more of an ethos and a model, rather than a particular type of business that does a particular type of social good.
Read MoreOne of the best approaches to creating social impact is not necessarily to create a brand new social enterprise, but to buy and existing business and turn it in to a social enterprise. Why? Because an existing business is already established, it has a client or customer base, it has established revenue streams, a well known brand and identity. It's already operating. So all the challenges of starting a new business or eradicated or at least significantly reduced. Yes there's obviously changes required in implementing a clear social purpose or embedding new ways of operating but it could be easier and cheaper.
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