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Young entrepreneurs do good - and make a profit

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Chris Council/The Aspen Daily News/AP/FILE

(Read caption) Lauren Bush Lauren founded the Feed Projects, which uses the sale of fashion accessories to promote the UN World Food Programme, Unicef, and other charities.

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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.

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