How might we enable more young people to become Social Entrepreneurs ?…
How might we enable more young people to become Social Entrepreneurs ?
Understanding Social innovation
What is the business model ?
Can we make it sustainable ?
Can we use technology to foster or enable social innovation ?
What is social innovation ?
A social innovation is a novel solution to a social problem that is more effective, efficient, sustainable, or just than current solutions. The value created accrues primarily to society rather than to private individuals.
What motivates individuals to get involved in social entrepreneurship
Why do we do it
Can we be selfish
Does it really exist ?
Contribute to society
What are the aspects of the problem that are specific to youth
Is youth an issue ?
Lack of education and experience
Lack of funding
Lack of support from elders
Lack of mondels / mentors
More sensitive to environmental and social problems
Different take on the problems
Different view of the world
More risk seeking behaviour
Less fear of failure
Less resistance to change
What makes young entrepreneurs different from others ?
Entering into a new phase of their life (adulthood) and
get high on new sense of empowerment.
Acknowledge that they have a lot to learn from older generations. Meanwhile, they can perceive trends sooner than them, because they still have connections to the younger generation and is just transitioning out of that phase.
The middle ingredient to a generation sandwich.
What is particular to youth
Strong sense of FOMO-fear of missing out
Lack of respect from elders
Perceived lack of skills and experience
A lot of passion to create change and eager to get out into the world. Feels like the world is moving fast, and some of them want a piece of it.
Moodle / LMS:
we propose to create a Learning Management System (LMS) website with a domain name to host the links to the training material and
badges that learners can achieve
we propose to create training material that young social entrepreneurs can uses to help them with some of the key initial phases of creating social innovation and social business creation
Curated Resource Library
Gamified learning or
serious games such as WASA
Social enterprise incubator:
in a target community, we propose to create an incubator to foster social enterprise creation and accompany them in the initial phases
The individuals that could coach, do they have time for coaching ?
What are the skills that they need or can acquire from coach ?
Who can best help young entrepreneurs learn the skills they need ?
How can we assess the gaps in the young entrepreneurs competencies ?
What are the key drivers that can be nurtured ?
How can we get young entrepreneurs connected with the local ecosystem ?
Are the existing networking opportunities appropriate or do we need to create new ones ?
Are there networking opportunities available in the existing ecosystem ?
Sense of importance
What motivates people (in general)
Internal conflict ( to the individual)
Why do we get involved in the social
How we deal with the conflict between power and money
Divergence of goals and motivations of individuals in the organization
What happens when the founders retire or leave
Power struggles in organisations