What is Social Entrepreneurship?

Hey all!
Some of you might be wondering…

WHAT IN THE WORLD IS SOCIAL ENTREPRENEURSHIP?!

Well, fear not! For I’m here to break down these two not really bombastic words for you 😀
According to the dictionary, Social entrepreneurship is the work of a social entrepreneur. (the definition’s kinda LOL-ish don’t you think?)

And what on earth is a social entrepreneur?
A social entrepreneur is someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change.

 

 In my opinion, Social Entrepreneurship is like a life saviour. Why do I say so?
Well, to put it simply, because it changes the lives of the society for the better. It forges a new, stable equilibrium that alleviates the suffering of the targeted group, and through imitation and the creation of a stable ecosystem around the new equilibrium, it ensures a better future for the targeted group and even society at large. Take the Haiti earthquake  for example. (please don’t go: aww, not again!) So many people, of different ages, from different countries, come together to help the Haiti victims. And that, to me, is considered as a blessing because not only does this bonds the people, it also aids the victims of the Haiti earthquake as well. Therefore, Social entrepreneurship is exactly like a life saviour.

So, after reading this post, tell me about what you think Social Entrepreneurship really is. (:

Hahaha, Windyporeeeeeeeeeeee signing off!

 

Social Entrepreneurs

Social entrepreneurship is not possible without a good social entrepreneur. For the social entrepreneurship to be a success, the social entrepreneur must possess certain skills which are essential.

Firstly, Social entrepreneurs must have a wide network. Social entrepreneurship is a type of “business” which is non profitable. Hence, compare to the normal businesses that earn a profit, social entrepreneurship is much harder as there is no profit to gain resources. This is one of the main problems which many social entrepreneurs face. This is also exactly why a good social entrepreneur must have a wide network so as to be able to have contacts to help sponsor or look for anybody which can provide the sufficient resources needed for the project to work.

Secondly, social entrepreneurs must have the mentality of impacting the world and not just a tiny part of the world. The main motive of social entrepreneurship is to help solve major social problems. Even if the social problem is solved in a small village or city, the problem is still not considered entirely solved as the rest of the world are still facing the problem. To be a good social entrepreneur, one must have the goal of solving the problem in the whole world and not just aim to solve the problem in a small part of the country.

Some examples of good entrepreneurs are:

Jane Addams founded Hull-House in 1889, a social settlement to improve conditions in a poor immigrant neighborhood in Chicago, then expanded her efforts nationally. Her work ultimately resulted in protective legislation for women and children.

Muhammad Yunus revolutionized economics by founding the Grameen Bank, or “village bank,” in Bangladesh in 1976 to offer “microloans” to help impoverished people attain economic self-sufficiency through self-employment, a model that has been replicated in 58 countries around the world.

brought to you by Hazypore:)

Pause to help the forgotten

We can’t deny that we have developed a goldfish memory. The Hati earthquake has long been forgotten as we move on with our fast-pace, busy lives and we continue walking forward without looking back, so much so we walk past people and become oblivious of them when they are in need of help. Sometimes, we do need to pause and look back; not everyone wants to be forgotten or left behind.

Yes, I have a goldfish memory I do admit. I have forgotten all about this Haiti chaos that rocked the world upside down. I was watching television when this video was broadcasted and it touched me. The heartwarming feeling filled my heart all over again. Yes, it is Haiti, once again.

I am so glad this video (which I knew 2 months ago) was broadcasted again today. If it hadn’t been, I would not have remembered about Haiti victims. Most people associate media with negative jargons, but I guess sometimes, everyone has a good side. Media has painted itself in a positive light as it helps to encourage people to come forward and help in the Haiti Earthquake. Celebrities, together with countless of strangers, are singing their hearts out “We are the World”. And you will realise it is not just people of different races coming together as one but rather, people of different generations. For example, Celine Dion singing with Fergie. In this video, I cannot differentiate who are celebrities and who is  more popular. Everyone, practically every single one, is shining like stars. People bond unconsciously when crisis occurs and we become one.

You may condemn the Media for hypocrisy.

You may question the intentions of celebrities appearing in this video.

You may doubt the sincerity of those celebrities singing.

But one thing is for sure: They are helping out in Haiti Earthquake.

so, what about you?

Instead of sitting at home, analysing the media or celebrities with a cynical mind, why not get out there and make a difference? To all those guilty of having goldfish memories, do know one thing: you can still do something to help the quickly disregarded Haiti victims.

Ta, Mistypore

Have your say

  • In Haiti, just two months back, more than 10% of donated food supplies, clothing and aid items did not reach its intended recipients, and were instead sold at black markets. What went wrong?
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  • What happens when social entrepreneurship becomes more of an economic investment than an act of philanthropy? Do the entrepreneurs’ motivations, intentions and values matter?
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  • The Straits Times School Pocket Money Fund (Singapore) raises money to support poorer school children’s education fees, to subsidize the price of their textbooks and uniforms, as well as provide for their pocket money. Will it cause a systematic division between social classes in children at their tender age? What lasting effects will they have on the psychology of children who have benefited from this organisation?
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  • In the heart-crushing documentary The Cove, Ric O’ Barry and his team installed hidden cameras to capture never-before-seen devastating, dolorous and literally bloody scenes of dolphins being killed in Taiji, Wakayama, Japan; which begets the question – is it ethical to transcend the fine line of morality for social entrepreneurship projects?
    .
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What do you think?

– lightningpore

Thong Chai Charity Night- Response to Stormypore

As Stormypore has posted earlier on, the Thong Chai charity show has indeed managed to receive double the amount of money which they targeted. Many might say that this amount of donation can really show that many Singaporeans are kind people and are willing to help the needy and hence, it is because of these Singaporeans who made the huge amount of donation received possible. I do agree that these Singaporeans who donated played a huge part in helping Thong Chai medical centre  receive these donations. However, we must not forget the various artistes who helped make the performance possible. Mediacorp and international artistes such as Ann Kok, Aileen Tan, Paige Chua, Zhang Haijie, Kym Ng, Kola Zhou, Kenix Kwok, Sheren Tang, Maggie Cheung Ho Yee, Ada Choi, Eunice Ng, Xie Shaoguang also appeared on the show to give their support. Artistes who performed during the charity show also had to put in much time and effort before hand to prepare their performance to make the show a successful one. Even international artiste Jackie Chan came from overseas to give his support. I believe these artistes really deserve a round of applause, don’t they? 🙂

However, when I was browsing through the Thong Chai charity night forum on the Mediacorp website, I came across some disturbing comments:

Anw, I totally don’t understand how come some of the “patients” are so shameless/thick skinned to come out openly to ask for donations.

Thong Chai is a voluntary organisation providing free healthcare isn’t it? It’s meant to provide free treatment for the POOR!

But how come some of those who came out at the studio (Mark Lee’s wife, the woman with 2 children, the aunty who wore TONS of jewels) looked relatively well-off!!  A few even looked like educated individuals.

All I wanna say is, if they have money, go to a hospital! Don’t go and crap by saying only Thong Chai can provide the medical care they require, when in actual fact they just want free treatment. They shouldn’t go to Thong Chai and deplete their resources until they have to come out & ask for donations?!

Really selfish & 莫名其妙! No

-dt8

After reading this comment, I really think that this person should not criticize these patients just by looking at what they wear. As Thong Chai charity night is an event which many people participated in and with such a huge audience, these patients also have to dress up appropriately. Well, you can’t expect them to wear clothes with holes to such a big event, can you? Moreover, these patients are also humans which means that they also would want to have a good image in front of so many people and artistes. Some people might not have thought about this, but maybe having a good image will help the patients to have more confidence when they appear on stage. Moreover, some of the accessories or clothes could have been given by other helpful people. I really hope that comments like these will not affect Singaporean’s thinking of the patients continue to give the patients their needed support. 🙂

-Hazypore:)

A good way to spend your Sunday, perhaps.

It’s weekends, the leisure days of the week! (Yes, sorry for reporting a slightly old event.)

Apparently, Start-Up!@Singapore had organized a first-ever 24 hour Business Plan Challenge last month at the National University of Singapore Business School. Participating teams had to create from scratch, a business plan for either of three industries -the silver industry, the social entrepreneurship industry and the interactive digital media industry.

Of course, I’m more interested in talking about the social entrepreneurship industry. This was what I found on an online article. (Full article here)

Smiles

In India’s Tamil Nadu, 80-percent of rural farmers live below the poverty line of USD1 a day. This poverty stems from a systematic inability to grow income sources due to land degradation. Specifically in the districts of Tiruchirapalli and Karur, only 25-percent of land is arable.

The winner for the social entrepreneurship category, team Smiles proposed a business model called MicroMacro that is an organic agriculture micro-investment social enterprise focused on empowering farmers in Tamil Nadu to increase plot utilization and alleviate poverty. Founders Ivan Chang and Keith Tan are barely in their 20s – Ivan is pursuing a degree in Business Administration from Singapore Management University (SMU) and awaiting for his CPA qualification, while Keith is headed toward NUS for an undergraduate study in Architecture.

Many people spent 24 hours on that day and came up with many other great business plans under social entrepreneurship too. In just 24 hours, you might actually come up with a great social entrepreneurship plan with your friends! Can anyone sense the possibilities of young social entrepreneurs here?

Instead of spending your weekend enjoying a movie or going out to play, why not find some of your friends and come together to think of social entrepreneurship? Yes, it may sound boring and impossible, and you might think that any ideas come up with will just sound silly – but that’s not true. Everything starts from scratch! For one, there are successful examples of youths doing social entrepreneurship in Singapore, like the SoulE.

Perhaps this presents us a thinking space on how constructively we are spending our free time.

If you readers out there are any interested in social entrepreneurship in Singapore, you may like to visit Startup@Singapore to keep yourself updated on social entrepreneurs. There’s a competition going on, so you can go and check out some rising social entrepreneurship groups.

24 hours may seem short – but within that amount of time, someone can actually think of a plan to help others in their community.

Till then, Stormypore again.

Singaporeans and Stars turn Charity Night into a success

For those who didn’t catch the Thong Chai Charity Night last sunday, here’s what had happened. (What! Another Charity Show so soon this year? – Don’t get confused, this is the charity fundraising for the Singapore Thong Chai Medical Institute. By the way, this is their first ever television charity show.)

Big international superstars and local Mediacorp artistes came together to pour in all their efforts to reach out to Singaporeans and pull in donations.

This was what I read from Channel NewsAsia.com:

During the press conference on Monday, Lim Guan Lee, chairman of Singapore Thong Chai Medical Institute, outlined the objectives of their first ever televised fund-raising programme.

“At present, we provide free consultation service and free Traditional Chinese Medicine (TCM) to 600 patients daily. To cater for the increasing number of patients and to continue to provide free and comprehensive TCM medical care to our patients, our clinic has to be expanded, medical facilities and equipment need to be replaced and upgraded and the medical fund needs to increase.

“This year, STCMI needs an operations budget of S$6 million and the fundraising target for the coming ‘Thong Chai Charity Night’ is S$3.5 million.”

And guess what?

Thong Chai Charity Night raised S$7.23m.

I, for one, also asked my family to pick up the phone and called their donation hotline to donate.

Seeing that the amount of funds raised was DOUBLE of their initial goal, I was quite taken aback by surprise. At the same time, I felt really happy to know that so many Singaporeans willingly donated for the charity show, turning the Thong Chai Charity Night into a huge success. This goes to show the kindness within Singaporeans who contributed as much money as they could, and the artistes who put in physical effort. I’m really touched by the positive outcome of this Charity Night.

So here, I would like to appeal to those who haven’t donated to dial the hotlines too, as the telepoll hotlines for donations are still open. (:

It doesn’t matter how little or how much you will donate to help Thong Chai Medical Institute. What matters, for everyone should well know, is the charitable heart that is willing to donate.

1900-112-1122 – S$5
1900-112-1133 – S$15
1900-112-1188 – S$35
67360366 – Above S$35

The hotlines close on 31st March midnight.

`Stormypore