sustainable social business ventures and wealth building
DESCRIPTION
Do you finance needs of your church or not-for profit organization by planning one event after the next, only to use more resources than the event generates? Are you a solo practioner who wonders what would happen to your business if you were to become incapacitated? This slide share describes the term, “social enterprise” in plain language, from the perspective of HEALTH INTIATIVES.TRANSCRIPT
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Sustainable Social Business Venturesand Wealth Building
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WHAT IS A SOCIAL ENTERPRISE?
A business that addresses any issue affecting a person’s quality of life
The issues will exist in 1 of 4 categories
Health Wealth Justice
Housing
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What is meant by Sustainable?
Many great business ideas provide temporary income, but not a long-term basis, revenue
stream.
Therefore, Sustainable does NOT include one day events, such as : “fund-raisers”
conferences (including teleconferences), and Live conventions
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The Marriage
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A sustainable, social enterprise is a business that meets a social need
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The days of the solo act are over. Sometimes, even a simple
business idea is challenging….5
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Don’t be afraid..
Your social enterprise must involve some form of innovation….a new way of
approaching an old problem
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Youngevity could be a Social Enterprise
Health Freedom Champion 1991 nobel nominee
http://www.youtube.com/watch?feature=player_embedded&v=gBbTNFW_L4Y
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Social needs: Malnutrition and curing preventable diseases
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The Father of Social Enterprise8
http://youtu.be/Wp9C50t1p0A
Social Needs: Malnutrition and bank loans to the poor Dr. Muhhamed Yunus, Nobel Laureate
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Sounds nobel, but what happened to wealth building?!
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• The revenue stream, in the name of the corporation or 501(c) (3) is reinvested back into the enterprise=100%
• A second revenue stream, established by the enterprise owner, is direct pay, in their personal name . If that person is a Pastor or foundation leader, they may or may not chose to donate that amount to the enterprise.
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Your social enterprise missed the mark, if it does not include different cultures, males and
females and all ethnic groups
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Collaborate11
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Communities need people willing to think outside the box
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We didn’t say talk your way out………13
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Good job, if you are a 5 year old.
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You did it again, but the chicken was delicious!
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Box and lawyer needed!16
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Jack got out….17
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Jesus did too.18
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Will YOU?19