Famous social entrepreneurs have always been sought after for their creativity and business acumen. Many have made a name for themselves by founding successful businesses that make a difference in the world. Some of these entrepreneurs go beyond simply making money and doing good in the world. They also inspire others to make a difference in their own lives and the lives of others.
Some of these entrepreneurs made their names through huge success stories and others through their charitable work. While many of these entrepreneurs started with humble beginnings, they have all worked hard to create a powerful presence in their field.
What Is Social Entrepreneurship?
Social entrepreneurship is the process of designing, launching, and running a business or nonprofit organization that addresses a social problem and benefits society in some way. Typically, social entrepreneurs identify a problem within society, whether it be a lack of access to education, poor housing conditions, or environmental degradation. They then develop a business model to solve that problem sustainably.
Serial entrepreneurs are people who are able to take creative ideas and turn them into successful business strategies time and time again. They have a knack for seeing the potential in an idea and making it into a reality. These individuals are often able to make money by selling their successful businesses and reinvesting the profits in a new startup. Serial entrepreneurs typically have a strong understanding of what it takes to create and maintain a successful business.
A social entrepreneur is a person who identifies social problems and works to solve them through the creation of businesses or other organizations. Unlike traditional businesses which are primarily motivated by profits, making more money every day, employing people, calculating their wages through a pay stub generator, and motivating them for the sake of high income, social entrepreneurs seek to improve the quality of goods and services while also giving back to the community.
A serial entrepreneur is a type of social entrepreneur who is constantly coming up with new ideas and starting new businesses. In this article, we are going to show you how social entrepreneurs changed the world and created amazing and unique concepts for the better lives of people. Meet 7 famous entrepreneurs and their unique ideas.
1. The Edtech Entrepreneur Clarence Tan
The EdTech entrepreneur began creating educational games while still in college to change how students learn and manage themselves. He plans to gamify curricula to show the importance of creativity and play. Clarence created Boddle Learning in 2018 as a way to help children, teachers, and parents. The Edtech company provides eLearning materials and automated software to Kindergarten to eighth-grade pupils. The software not only helps teachers understand how children learn but also gives parents insight. Clarence’s goal was to make children want to learn and be engaged and he has been successful.
2. Jackie Novogratz
Jackie Novogratz is the founder of a nonprofit global venture capital fund. She has had a lot of success melding traditional investment methods with more entrepreneurial techniques. The launch of this company by the Acumen founder, Jacqueline Novogratz, was made possible with the help of philanthropists such as the Cisco Systems Foundation, the Rockefeller Foundation, and many others. The goal of the company is to use long-term capital to finance businesses that focus on creating solutions to social issues. So, the company starts to receive back its funds when the business becomes profitable. This is because once the business becomes profitable, it can start paying back the initial investment plus interest. The Acumen also partnered with the World Bank and built a microfinance institution in Rwanda.
3. Laura Wittig
Laura Wittig is the founder of Brightly, a sustainable fashion brand advocate and an alternative to Amazon. Laura and her team work together to help customers find ethical beauty, fashion, and home products through their centralized platform. Laura’s experience working as a product manager at Adobe, Google, and Amazon showed her the negative effects of the fast fashion industry. The environmental damage and exploitation of workers in the industry left her motivated to create a one-stop shop for sustainable clothing brands. Her time at these companies showed her the potential that conscious consumerism had to make a difference, and she wanted to do her part to help take it forward. So her goal is to work with customers to take conscious consumerism forward and make it the norm rather than the exception.
4. Mica Le John
Mica Le John is the founder of 2Swim, a social messaging platform that helps communities with no other ways of connecting to communicate. The tool for collaboration is essential for the team because it allows them to connect and work together effortlessly. This makes it easy for the team to communicate and collaborate on projects. Mica is also a writer, and she writes about social justice, art, and technology.
5. Michelle Valentin
Michelle Valentin is the founder of Maui Raw. When it comes to her cooking, she understands that healthy foods aren’t always the tastiest. Despite this, she highlights the importance of these types of foods in all her cooking endeavors. Valentin is always looking for innovative ways to make healthy foods more appealing to those who may be hesitant to try them. BecauseMichelle focuses on nutrition, she looks for ways to make healthy foods more appealing. Michelle believes that by making healthy foods more palatable, she can help people make better choices for their overall health. Maui Raw is the perfect place to find healthy, tasty, and affordable recipes and ingredients. Additionally, Michelle prefers local ingredients to support local farmers in Hawaii. This is important to her because she believes that we should all be doing our part to help out the farmers who work so hard to provide us with food.
6. Rachel Brathen
Rachel Brathen, also known as Yoga Girl, is a social entrepreneur who uses her platform to write and share tips on yoga poses, nutrition, and mental health. Rachel also believes in the power of connection and community, and so she works to help people who need healing to connect with teachers and resources. Rachel’s focus is on helping women who cannot afford to pay for expensive fitness classes. With over 2.1 million followers, Rachel is a leader in the industry.
7. Tom Szaky
Tom Szaky the founder of TerraCycle has begun his social entrepreneur journey by selling worm waste fertilizer. He got the idea for this business when he was in college and not making enough money to pay his rent. Tom’s focus on hard-to-recycle objects was the solution that municipalities and industries were looking for. He has an environmental focus and donates to charity for every item TerraCycle recycles. This has amounted to a lot of money over the years and has helped many people.
Final Thoughts
While there are many ways to make money, some people choose to use their platform and influence to make the world a better place. These social entrepreneurs have made a name for themselves by doing good and making money. They are an inspiration to us all and show that it is possible to make a difference in the world while also making a profit.
