Young entrepreneurs find new ways to drive social change through founding businesses.
The growth of new business models that both turn a profit and do good gives those who are entering the professional world a new choice.
College graduates, for example, no longer have to choose between a career path of making profits and one of doing good. They can choose to do both.
I attended the recent Social Enterprise Conference at Harvard University to meet with young entrepreneurs who have started hybrid ventures that combine business principles with social good. I was particularly struck by the young social entrepreneurs who were a part of a keynote panel.
All of them have created interesting ventures that seek to address problems they’ve encountered in their efforts to make a difference. And their stories offer an interesting look at how and why some people are turning their passion for changing the world into for-profit ventures.
The panel’s moderator was Daniel Epstein, founder of the Unreasonable Institute, which gathers 25 entrepreneurs from around the globe in Boulder, Colo., for an intensive six-week summer program that aims to accelerate their social ventures.