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22 Successful Entrepreneurs Share What Inspires Them to Keep Going These founders share how they stay motivated when times get tough.

By Nina Zipkin Jun 13, 2019

There is no one right way to get inspiration. It is deeply personal and derives from what is important to and what drives you. But no matter where you find it, it is often an integral part of what keeps you going when times get tough.

We asked 22 entrepreneurs to open up about the things, actions and people that make them engaged and wanting to make a difference.

Here is what they had to say.

Providing the opportunity to be an entrepreneur to everyone

Name: Harper Reed

Company: Modest (now PayPal)

Inspiration: The democratization of access, of giving people opportunities. One of the main reasons I was so excited when we sold our company to PayPal is because PayPal has been doing this for a while: giving people access to things only large companies with resources and wealth are able to accomplish. Hearing our CEO speak about these things is inspirational, because he believes that this is a huge part of PayPal.

Hard work throughout the entire company.

Name: Chieh Huang

Company: Boxed

Inspiration: The folks in our performance centers who do a very difficult job. My life at Boxed started there -- the CEO was packing boxes at the start, too. There are a lot of people counting on us to make the right decisions to make sure that we do well, so they can put food on the table and that inspires me.

Read more about Huang: The Surprising Reason Why This Founder Says Not to Be Afraid of the Competition

Passionate people

Name: David Perkins

Company: High West Distillery

Inspiration: Being around passionate people. They are always contagious for me and they get my juices going. And they come from all walks of life, not just famous artists or musicians.

I remember a summer job I had in college where I worked in a warehouse as a puller and packer. It's about the most boring job you could ever imagine. I really liked one of the older guys that worked there as he was super intelligent, and we always had great conversations at lunch. He rode the forklift around with a big smile and would tell me to do my best and be the best at the job I was doing, no matter what. He exuded passion for his job when he was on the warehouse floor. It made everyone feel good. I think of him all the time when I interact with anyone on the job.

Read more about Perkins: This Founder Ditched His Career at 40 and Turned a Hunch Into Millions

Customer feedback

Name: Heidi Zak

Company: ThirdLove

Inspiration: I think what inspires me the most are our customers. I specifically set aside time to read customer chats, reading the positive comments of course is awesome, but I also get a lot of value from the things that we can improve on. I read those conversations and get inspired to do things better, change things and develop products based on that feedback. That inspires me every day.

Read more about Zak: This Founder's Best Advice for Entrepreneurs: To Succeed, Entrepreneurs Need to Get Comfortable with Being Uncomfortable

New opportunities

Name: Jennie Ripps

Company: Owl's Brew

Inspiration: I am inspired by the fact that every day is a new day. I really think that there is an opportunity in every day, especially when you're building a business. You never know what is going to come, and I get really excited when I wake up.

Read more about Ripps: The One Thing This Entrepreneur Does Each Day to Stay Productive

Audacious ideas

Name: David Bladow

Company: BloomThat

Inspiration: I'm really inspired by Elon Musk. I think he gets people to think bigger and shoot for these outlandish feats that are good for humanity. Having people thinking about ideas that are audacious is a good thing to spur people on. I'm not shooting to land people on Mars, but it's good for people in general.

And my grandpa. He was from North Dakota, had an eighth grade education and hopped a boxcar to California to make a success out of himself. He started a couple of furniture stores, and at the peak of his career had 10 stores. He was a guy who started with nothing. I always was inspired by his courage.

Read more about Bladow: This Founder Has 3 Simple Tips to Achieve Maximum Productivity

Getting involved in the community

Name: Jeff Chapin

Company: Casper

Inspiration: I'm inspired by good citizens, people who contribute to their communities. So much of society relies on good citizens to function, but it's not talked about all that much. They're everywhere in the country, filling holes that our government can't fill. I am blown away by dedicated people helping hold society together.

Read more about Chapin: Behind a $100 Million Mattress Startup, Casper Co-Founder Shares Advice on Finding Success as an Entrepreneur

Empowering others

Name: Gavin Armstrong

Company: Lucky Iron Fish

Inspiration: Making change and empowering people. I'm a big believer in the power of one -- that one person, one action, can have a ripple effect that can make a difference.

Read more about Armstrong: This CEO Has Helped Thousands -- and He's Just Getting Started

The world’s ability to change

Name: Oliver Kharraz

Company: Zocdoc

Inspiration: The fact that change is possible. If we look back at what's been achieved in the face of incredible odds, it's amazing. The fact that our forefathers were able to get rid of a well-entrenched dictatorship that had an entire continent for a few thousand years and then establish something new on a concept of mutual checks and balances and understanding of human nature. It set an overwhelming precedent. Compared to that, whatever problems I face seem extremely solvable.

Read more about Kharraz: This Founder Says to Succeed You Need to Question Everything

Name: Tim Chen

Company: Nerdwallet

Inspiration: I'm really inspired by the possibility of change and how to seize that. I believe those things start with a combination of proving something is possible, telling the right people about it and then pick up the torch and carry on from there. The right way to think about it is planting the seeds of what is possible and enabling a lot of people to go after it.

Read more about Chen: Nerdwallet's Founder Shares the Worst Advice He Ever Got

Traveling and getting out of your comfort zone

Name: Kara Goldin Company: Hint Inspiration : One of the reasons I love to travel is because I find new inspiration in each trip I take. When you travel, you not only encounter so many different cultures and ways of life, but you also meet so many new and interesting people who can teach you completely unexpected life lessons and be the inspiration for your next great idea. I've often come back from a trip with a completely fresh perspective on my business, and it helps me ensure we're always innovating and being creative.

Read more about Goldin: The Entrepreneur Behind a $90 Million Company Shares How You Can Get Past the Naysayers to Build a Successful Business

Working together to solve problems

Name: Bea Fischel-Bock Company: Hutch Inspiration: My co-workers. I know how lucky I am to go into work every day working on a mission and a solution that we all feel so passionately about. I can't think of better inspiration than that.

Read more about Fischel-Bock: This Founder Shares Why In Order To Learn Fast, You Need to Fail Fast

His team’s commitment to one another

Name: Daniel Lubetzky Company: KIND Inspiration: I love how the KIND family works together, with a commitment to each other and to excellence. There's great energy across our team. You can feel it in the hallways of our office, and it inspires me to be better.

Read more about Lubetzky: How a 9-Year-Old Taught This Super Successful Entrepreneur About Taking Risks

People who lead with both intelligence and humility

Name: Carrie Dorr Company: Pure Barre Inspiration : People who possess great intelligence and depth with an equal amount of humility. That combination is hard to come by. I find it very inspiring to be around people who are trying to live their best lives and evolve mentally and physically.

Read more about Dorr: This Founder Shares How to Tailor Your Schedule to Fit Your Brain

Courage and friendship

Name: Bastian Lehmann Company: Postmates Inspiration : My mom. She is such a strong woman. She has dealt with her life and raised my brother and me in a remarkable way. Courage is something that drives me and inspires me when I see that in people. Friendship inspires me and being exposed to beautiful things, whether it's on a hike or in a gallery.

Read more about Lehmann: This Founder Shares the One Trait He Looks for in Every Hire

Being exposed to art and culture

Name: Randi Zuckerberg Company: Zuckerberg Media Inspiration: Definitely art, theater and culture. Anytime that I want to feel inspired I go to the theater. I spent so much time in my life building platforms, and it's easy for techies to forget that platforms are nothing without art to go on them.

Read more about Zuckerberg: Why Everyone Can Use Randi Zuckerberg's Number One Focus Tip

Honest customer feedback

Name: Jordana Kier Company: Lola Inspiration : I would say our customers. They are so vocal and passionate. They are brutally honest, so they share what they love about our brand, but they also say what they want improved or what they want next. The worst thing we could have is indifference. Feeling the passion -- that's awesome to me and very inspiring.

The fortitude of women who came before

Name: Katrina Lake Company: Stitch Fix Inspiration: On my Japanese side, my grandmother. She grew up in Japan and she relocated here, learned English and lived independently in Minnesota. She saw this future for herself and against all odds made it happen.

On my American side, there was my great grandmother. Both she and her sister lost their husbands early in life. They were in this tough situation of both being single moms with multiple kids, and they combined their households and raised a bunch of great kids. Those examples have always helped me have a wide lens of what's possible in life and to be able to believe in things that might be hard.

Read more about Lake: Stitch Fix Founder Explains Why the Worst Piece of Advice She Ever Got Was to Raise A Lot of Money

Giving people the tools to learn

Name: Luis von Ahn Company: Duolingo Inspiration: That has changed over time. At first what inspired me was to work on hard technological problems. I didn't particularly care about the impact, I just wanted to solve difficult problems. Now, the main thing that inspires me is the impact something can have. With Duolingo, what inspires me is our mission: trying to give people language education.

Making women’s lives easier

Name: Tracy DiNunzio Company: Tradesy Inspiration: Our customers and team. I don't know how I got so lucky to have them all in my life. I think knowing that we're touching millions of women and making their lives a little easier, a little more affordable, empowering them to look and feel the way they want is endlessly inspiring.

And then watching our team learn and grow, get better, get stronger and be the talented and incredible people they are, just makes it exciting to come to work every day. Read more about DiNunzio: This Successful Entrepreneur Shares The Trick That Helps Her Tell The Difference Between Being Productive and Being Busy

Constantly working to make the world better

Name: Alexa von Tobel Company: LearnVest Inspiration: I believe that we were put on this earth to make the world a better place, and I believe that if we are capable of making the world around us better, we should. So, I think what inspires me is this deep belief that every day the world can be better -- and to raise the bar of the standard of living for people.

Read more about Tobel: This Entrepreneur Shares Her Surprising Secret to Fighting Decision Fatigue

The power of nature

Name: Tina Sharkey Company: Brandless Inspiration: Nature. I live right by a redwood forest, and I'm inspired by trees, the power of nature and the reminder that we are just a small speck of sand in the larger universe. It puts everything in perspective.

Read more about Sharkey: This Successful Entrepreneur Shares How to Find Opportunity Where It Seemingly Doesn't Exist

Entrepreneur Staff

Staff Writer. Covers leadership, media, technology and culture.

Nina Zipkin is a staff writer at Entrepreneur.com. She frequently covers leadership, media, tech, startups, culture and workplace trends.

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10 famous entrepreneurs (and the key business lessons they demonstrate)

For business owners, or those of us who are planning to start a business soon, role models can inspire us and provide us with real-world examples from which to learn and grow.

Inspiration comes from many sources, and these can include role models from your own life and career to date. But, famous entrepreneurs can also have valuable lessons to teach – whether these are paths to follow, or cautionary behaviours to avoid.

In this article, we’ve rounded up ten famous entrepreneurs, taking a journey through their lives and lessons. From their successes, to unexpected roadblocks, to particularly innovative ways of launching their products to the world – these entrepreneurs have created a legacy of inspiration, controversy, and debate.

In this article, we will cover:

• Famous entrepreneurs to take lessons from

1. Elon Musk

2. richard branson.

• 3. Mark Zuckerburg

4. Oprah Winfrey

5. tony robbins, 6. sara blakely, 7. steve jobs, 8. mark cuban, 9. tory burch, 10. barbara corcoran, what are the main takeaways from these famous entrepreneurs.

Below, we’ve gathered examples of 10 famous entrepreneurs and the key business lessons they demonstrate. Their names, brands and careers may feel familiar, but the qualities – and notes of caution – that they demonstrate have particular value for anyone launching a business of their own.

Elon Musk is the CEO of SpaceX and Tesla, co-founder of PayPal, is revolutionising the space industry with SpaceX, and electric car manufacturing with Tesla. He has also made significant contributions to the development of solar energy through SolarCity – and, you may have heard, he’s also been dabbling in social media of late.

Where Musk goes, debate follows. But, undoubtedly, Musk’s greatest success lies in his ability to dream big and take risks. He has frequently proven unafraid to take on seemingly impossible challenges, even if doing so has prompted criticism or even ridicule. 

His willingness to embrace failure has helped him learn from his mistakes. His innovative approach to product development, coupled with an unmistakable outlook, has helped him create products that disrupt entire industries. For example,  under his leadership, Tesla has become one of the most valuable car companies in the world, with a market capitalisation of over $800 billion as of April 2023 . This makes Tesla more valuable than most of the world’s traditional automakers combined. Is it profitable? No. Are they the most reliable cars you can buy? No again. But none of this has stopped an eye-watering company valuation, or prevented Tesla from being a household name among EVs.

His legacy has not always been pristine, however, and some parts have been tarred with controversies. He was mercilessly ridiculed on social media for describing the explosion of its Starship rocket as a “Rapid Unscheduled Disassembly”; he was criticised harshly for laying off 7,500 employees as soon as he became CEO of Twitter; he attracted scorn for spreading COVID-19 misinformation until he tested positive for it himself; and, he was vilified when he mocked a disabled former employee by suggesting that he probably did no meaningful work for the company. Musk hasn’t climbed down on much of the above, though he has since apologised to the employee.

• Pursue big ideas and innovation: “If something is important enough, even if the odds are against you, you should still do it.”
• Be willing to take risks and fail: “Failure is an option here. If things are not failing, you are not innovating enough.”
• Stay focused and work hard: “Work like hell. I mean you just have to put in 80 to 100-hour weeks every week. [This] improves the odds of success.”

Richard Branson is the founder of Virgin Group, which encompasses a vast array of businesses such as Virgin Atlantic, Virgin Records, and Virgin Mobile. Branson’s innovative approach to business has helped him create a unique brand that stands out in a crowded marketplace.

Branson’s greatest success lies in his willingness to take risks and pursue his dreams. He is a shining example of how to build a successful business that has a unique brand identity. For instance, the Virgin Group started as a mail-order record retailer and later expanded into a multinational conglomerate of over 400 companies . 

Branson is also a well-known philanthropist, who has donated millions of dollars to various causes through his charitable foundation, Virgin Unite. In 2018, he pledged $3 billion to fight climate change over the next decade.

It’s not all wall-to-wall adulation, though. Richard Branson has faced criticism over the impact of his Virgin brand on the environment, particularly in the airline industry. He has, however, committed to reducing his company’s carbon footprint, investing in renewable energy over the next few years.

• Do not be afraid of failure , but rather embrace it as a natural part of the process of trying something new: “Screw it, let’s do it!”
• Create a unique value proposition : “If you want to stand out from the crowd, give people a reason not to forget you.”
• Create a positive work culture: “ Train people well enough so they can leave, treat them well enough so they don’t want to.” and, “Clients do not come first. Employees come first. If you take care of your employees , they will take care of the clients.”

3. Mark Zuckerberg

Mark Zuckerberg is the co-founder and CEO of Facebook, which has grown to become one of the world’s largest social media platforms. Zuckerberg’s innovative approach to social networking has helped him create a platform that connects people across the globe.

Zuckerberg’s greatest success has come down to one core thing – building a platform that millions of people love to use. He has a unique understanding of what people want from social networking, and his willingness to listen to feedback and adapt to changes has helped him stay competitive in a constantly moving market. 

Zuckerberg has faced numerous controversies over his tenure at Facebook – including stealing the entire concept from the Winklevoss twins. After being successfully sued, he had to pay the considerable sum of $65 million. Since then, he’s also been forced to contend with Facebook’s handling of user data and its impact on democracy. Zuckerberg testified before Congress and committed to improving the company’s data privacy practices. Changing the business name to Meta was a further stepping stone in Zuckerberg’s ambitions to keep adapting to trends, and break with past associations.

• Move fast and break things: “Unless you are breaking stuff, you are not moving fast enough.”
• Listen and learn: “The question isn’t, ‘What do we want to know about people?’, It’s, ‘What do people want to tell about themselves?’”
• Embrace innovation and change: “The biggest risk is not taking any risk… In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”

Oprah Winfrey is an American media mogul, actress, talk show host, television producer, and philanthropist. She is best known for her hugely successful talk show, The Oprah Winfrey Show, which ran from 1986 to 2011. Winfrey’s key to success has been her ability to connect with people on a personal level, and her emphasis on self-improvement and personal growth.

Winfrey’s inspirational story of overcoming poverty and adversity to become one of the most successful and influential women in the world has inspired many aspiring entrepreneurs.  Her media empire including talk show  “The Oprah Winfrey Show,” production company, Harpo Productions and O, The Oprah Magazine, are consumed by millions of viewers around the world, to the tune of $2.7 billion . She is also a powerful influencer, with her endorsements and recommendations often leading to increased sales and attention for products and causes.

Winfrey has faced several controversies throughout her career, mostly due to misinformation when it came to people or products she endorsed, either knowingly or otherwise (Oprah has never admitted to promoting anything unethically). Most recently,  she supported James Frey’s “A Million Little Pieces” memoir, which was later revealed to be partially fabricated. Winfrey publicly apologised for her handling of the situation on her show.

• Perseverance and belief in oneself can lead to success: “You become what you believe.”
• Giving back can have a positive impact: “To give without any reward or any notice, has a special quality of its own.”
• Authenticity and vulnerability can create deeper connections: “The more you praise and celebrate your life, the more there is in life to celebrate.”

Tony Robbins is an American author, entrepreneur, and motivational speaker. He is best known for his self-help books and seminars, which focus on personal development, motivation, and achieving success. Robbins has built an empire around his brand, and his books and seminars have helped millions of people around the world achieve their goals.

Robbins’ key to success lies in his ability to inspire and motivate people to take action and achieve their dreams. His bestselling books have sold millions of copies worldwide and have been translated into more than 20 languages . He has also delivered speeches and seminars to millions of people and was recognised as one of the top speakers in the world. In fact, he was named one of the “Top 50 Business Intellectuals” by Accenture and one of the “Top 200 Business Gurus” by Harvard Business Press.

However, Robbins has faced criticism over his treatment of women and his handling of sexual harassment claims within his company. There have been times where he used to invite survivors of rape and domestic violence to share their stories in front of large audiences, only to unleash expletive-laden and victim-blaming tirades on them. Robbins issued an apology and announced changes to his company’s policies in response to the allegations.

• Mindset is key to success: “Beliefs have the power to create and the power to destroy.”
• Taking action is essential for achieving goals: “The path to success is to take massive, determined action.”
• Learning from failure is important: “I’ve come to believe that all my past failure and frustration were actually laying the foundation for the understandings that have created the new level of living I now enjoy.”

Credit: Photo by Gregory Pace

Sara Blakely is the founder of Spanx, which has become one of the most successful shapewear brands in the world. Blakely’s innovative approach to product development has helped her create a product that addresses a common problem faced by women.

Blakely’s greatest success was her ability to turn a simple idea into a successful product. She was able to identify a gap in the market and create a product that solves a real problem for women. Her willingness to take risks and bootstrap her business has also helped her achieve great success, and she is a shining example of how to build a successful business with a limited budget.

That said, Blakely has been accused of cultural appropriation for using African-inspired prints in her Spanx product line. She addressed the criticism by partnering with a South African designer to create a new collection.

• Believe in yourself and your ideas: “Don’t be intimidated by what you don’t know. That can be your greatest strength and ensure that you do things differently from everyone else.”
• Take action and don’t be afraid to fail: “The most important thing for any entrepreneur is to persevere. You have to have grit, tenacity and the willingness to push through anything.”
• Find opportunities in challenges: “My dad encouraged us to fail. Growing up, he would ask us what we failed at that week. If we didn’t have something, he would be disappointed. It changed my mindset at an early age that failure is not the outcome, failure is not trying.”

Steve Jobs was the co-founder and CEO of Apple Inc., which has become one of the most successful tech companies in the world. Jobs’ key to success was his focus on creating innovative products that revolutionised the tech industry .

His emphasis on design and user experience set a high bar for the tech industry and has inspired many entrepreneurs to prioritise user experience and design in their own products. His focus on simplicity and elegance in design has also helped Apple create aesthetic products that appeal to a huge range of consumers.

Jobs’ story is also one of resilience and determination. He faced many challenges in his career, including being ousted from Apple in the 1980s , but he never gave up on his vision of creating products that would change the world. His passion and determination have inspired many entrepreneurs to pursue their own dreams and never give up in the face of adversity.

Steve Jobs faced criticism over the working conditions in Apple’s Chinese factories, including reports of worker suicides. In response to this, Apple increased oversight of its suppliers and made improvements to working conditions.

• Focus on simplicity and quality: “That’s been one of my mantras: focus and simplicity. Simple can be harder than complex; you have to work hard to get your thinking clean to make it simple.”
• Take risks and be willing to fail: “I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.”
• Believe in your vision: “Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.”

Mark Cuban is an American entrepreneur, investor , and television personality. He is the owner of the NBA’s Dallas Mavericks and has made investments in numerous startups. Cuban’s greatest success lies in his ability to identify and capitalise on emerging market trends.

Cuban’s willingness to take calculated risks has helped him achieve great success as an entrepreneur and investor. He has a unique ability to spot opportunities that others might miss, and his focus on providing value to customers has helped him build successful businesses. After facing sexual harassment allegations from former employees at his company. Cuban publicly apologised and committed to improving the culture.

• Be willing to take risks: “It doesn’t matter how many times you have failed, you only have to be right once.”
• Always keep learning: “I still work hard to know my business. I’m continuously looking for ways to improve all my companies, and I’m always selling. Always.”
• Persevere through tough times: “It’s not about money or connections. It’s the willingness to outwork and outlearn everyone.”

Tory Burch is an American fashion designer and businesswoman who launched her eponymous fashion brand in 2004 . Her brand has become known for its distinctive preppy aesthetic and has become a global fashion empire, with stores in more than 50 countries . She is now well-known for The Tory Burch Foundation, a non-profit organization founded by fashion designer Tory Burch in 2009. The foundation’s mission is to support and empower women entrepreneurs through access to capital, education, and networking opportunities.

Burch built a brand around her own personal style and has successfully marketed her products to a specific demographic. Her emphasis on creating a strong brand identity that focused on her target audience has helped her build a successful and highly profitable business.

Burch’s story is also one of resilience and perseverance. She faced many challenges in building her brand, including being sued by her ex-husband, Chris Burch, for allegedly copying his C. Wonder brand. However, she remained focused on her vision and stayed true to her brand, ultimately achieving great success in the highly competitive fashion industry.

• Believe in yourself and take action: “Embrace ambition without apology.”
• Build strong relationships and network : “Relationships are the most important thing. And the people you surround yourself with will make or break you.”
• Keep evolving and adapting: “I’m not afraid of change. I’m actually quite comfortable with it.”

Barbara Corcoran is an American businesswoman, investor, and television personality. She is best known for her role as a “Shark” investor on the hit TV show Shark Tank, where she has backed numerous successful startups. 

Corcoran’s story of starting her own real estate company with a $1,000 loan and building it into a multi-million dollar business has inspired many budding entrepreneurs. Her emphasis on taking risks and trusting your gut instincts is particularly relevant to anyone looking to start a business or make investments. She founded The Corcoran Group, a real estate brokerage in New York City, which she then sold to NRT for $66 million in 2001 and shortly exited the company afterwards. 

Corcoran recently faced backlash however when speaking to British businessman Steven Bartlett on “The Diary Of A CEO” podcast, she claimed that she ‘loved to fire people on a Friday’. She later mitigated the comment by saying she was referring to negative people who may impact her work culture.

• Believe in the potential for opportunity: “Finding opportunity is a matter of believing it’s there.”
• Be proactive in creating demand: “In business, you’re the chief salesman. Create a sense of demand, rather than waiting to have demand.”
• Know how to adjust your mindset when needed: “The difference between successful people and others is how long they spend feeling sorry for themselves.”

While these entrepreneurs come from diverse backgrounds and have founded companies in vastly different industries, they share a number of similarities that have contributed to their success. 

One common trait is their willingness to take risks and think outside the box , often pursuing unconventional business ideas. According to a survey conducted by the Global Entrepreneurship Monitor, 52% of entrepreneurs worldwide believe they can create profitable businesses by pursuing innovative ideas , even if they are risky or unconventional.

Another key characteristic is their ability to persist through obstacles and failures. Each of the cited entrepreneurs have emphasised the importance of hard work, perseverance, and maintaining a strong work ethic. 

A study published by the Harvard Business Review found that entrepreneurs who had failed in the past were more psychologically prepared to deal with the stress and uncertainty of starting a new venture, and were better equipped to learn from their mistakes and pivot when necessary. In fact, the study found that the more times an entrepreneur had failed in the past, the greater their chances of success in their next venture. 

Finally, all of these entrepreneurs have experienced controversy in their personal and professional lives. What makes them stand out is their ability to face those difficulties head-on and take accountability with no long-term negative impact on their businesses. In other words, they all are committed to being and doing better. 

The post 10 famous entrepreneurs (and the key business lessons they demonstrate) appeared first on Startups.co.uk.

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Entrepreneurship Essay: Topics & Samples about Entrepreneurship

In the course of your studies for management, marketing, or finance degree, you can be asked to write an entrepreneurship essay. Those who tried it know how challenging it is to compose a convincing and fact-based paper about business.

An entrepreneurship essay requires you to carry out thorough research. You have to arrange the findings to substantiate your opinion wisely. It shall be engaging for the reader. Usually, your purpose is not to inform but to explain your view on an economic phenomenon.

Entrepreneurship is about calculating one’s chances for success. It aims to establish a business opportunity and avail of it. In most cases, it involves product or process innovation. Thus, the goal of an entrepreneurship essay is to train your business thinking. It develops a habit of using subject-specific terminology and theories.

This article is your way to a perfect essay about entrepreneurship. Our team has prepared a guide and a list of topics where you can find an excellent sample essay about entrepreneurship. Yet, we know that the most challenging thing for many students is to come up with specific questions.

You can rely on the following steps while working on your paper:

• Pick or create a topic. The best essays focus on a narrow problem. Pick an idea that offers solutions or specifies how the reader can relate. Convey it all in your topic.
• Research thoroughly. Good preliminary research will prevent you from discussing stale news. Look for currently topical issues that many people face.
• Write an introduction. It is the most “selling” part of your entrepreneurship essay. Provide background information about the problem you are going to explore. Why did it arise, and who was affected?
• Work out a thesis statement. This sentence contains the central message of your writing. Specify your position on the narrow topic. For example, “Employee turnover is not always a negative thing.”
• Develop an argumentation. Make a list of all arguments that support your position and a few counterarguments. You will refine it when writing the main body. Include only the vital ideas and examples in your essay on entrepreneurship.
• Think of a conclusion. Mind that your readers will remember this paragraph most of all. What were the central ideas of your work? Summarize your arguments and restate your thesis with a development.
• Come up with an engaging title. It should make the readers want to keep on reading your text. An entrepreneurship essay title should reveal the problem you are going to discuss.

15 Entrepreneurship Essay Topics

To write a successful essay, you’ll need engaging topics on entrepreneurship. A good idea inspires you and gives a substantial reason for discussion.

Here we have collected the best entrepreneurship topics for your essay:

• Is becoming a successful entrepreneur an inborn quality or a developed skill?
• Is it efficient to unite researchers and entrepreneurs into one organization?
• Is contemporary entrepreneurship possible without online marketing?
• How can creativity make your business more identifiable?
• Does a model of economic development help entrepreneurs to achieve their goals, or does it limit their imagination?
• What are the psychological causes that urge entrepreneurs to seek profit?
• What are the reasons that spur the growing expertise of individuals in business issues?
• Which factors can bring entrepreneurship to bankruptcy?
• How could governments incentivize individuals to become sole entrepreneurs?
• What are the leadership characteristics of successful entrepreneurial management?
• Does gender influence a person’s skills in entrepreneurship as a career?
• Is it better to have a small enterprise or work for a large corporation, provided that the salary is the same?
• Compare the approaches entrepreneurs who start only one business and those who invest in multiple enterprises.
• How can MBA help you to become an entrepreneur?
• Analyze the path of a successful entrepreneur and suggest what could be improved.

5 Entrepreneurship Essay Questions

Your college or school professors can give you detailed essay questions. They direct your thought to make sure you do not diverge from the central idea.

Here you can check a list of entrepreneurship essay questions:

• In your opinion, is there a moment when an entrepreneur should stop expanding their business? Small business is easier to manage, but it provides less revenue. Big enterprises earn more but bring their investors to more serious risks and more significant expenses. Substantiate your point of view.
• What makes a successful business plan? Is it more important to calculate the economic feasibility of the future enterprise or predict the reaction of the target audience? Give examples of both approaches.
• Explain the concept of entrepreneurship. The essay should synthesize different formulations of prominent economists and sociologists. Make up your explanation of the term based on your synthesis.
• What can be done to avoid cutting the expenses of an enterprise? Staff reduction, renting smaller premises, and cutting salaries usually have negative aftermath. Are there any universal ways to make your business survive a recession?
• Imagine you are looking for a business partner. Which questions would you ask the candidates during the interview? Are there any traits you would look for? What kind of behavior would immediately tell you it is the wrong person?

Thanks for reading the article! Below you can find sample essays about entrepreneurship illustrating the structure that we have described above.

426 Best Sample Essays about Entrepreneurship

A clothing boutique as a business idea.

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Starting a Business: Advantages and Disadvantages

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The Definition of Entrepreneurship

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Concept of an Entrepreneur in Business

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Business Failures: Reasons and Recommendations

Small business: features and development, entrepreneurship: making a business plan, case study analysis: opening a coffee shop.

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Steve Jobs as a Successful Entrepreneur

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Natural Hair Care Products as a Business Idea

3m corporation’s innovation engine case, starting a business vs. working for an employer, chinese and japanese business systems comparison.

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“Drinkworks: Home Bar” by Keurig

Strategic entrepreneurship: creating values.

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Entrepreneurship, Intrapreneurship, and Formulated Marketing

The concept of enterprise “push” and “pull” in a business.

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Entrepreneurship: History, Reasons and Roles

Kirzner’s theory of opportunity.

• Words: 2450

Independent Entrepreneurship, Intrapreneurship, and Social Entrepreneurship

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Women Entrepreneurs

Entrepreneurship: business planning and characteristics.

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Entrepreneurship Journey Case Study

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Entrepreneurial Leadership Characteristics and Types

Phenomenon of entrepreneurship.

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“Steve Jobs” by Walter Isaacson

The microeconomics and macroeconomics factors in a startup café, entrepreneurship vs. working as an employee, apple inc.’s entrepreneurship: ipod and ipad, entrepreneurs and opportunity recognition.

• Words: 2804

Finding Financing for Business Startup

Governmental role for business, entrepreneur interview: local business store.

• Words: 1111

Eco-Friendly Packaging for Food and Beverage Industry

• Words: 2749

Owning & Operating a Family Business

Starting a small business and planning, trait (or personality characterisitcs) approach to explaining enterpreneurship.

• Words: 1972

International Franchising and Its Benefits

How a business idea becomes an innovative product, what is business intelligence, concepts of customer data dynamics and sub-concepts, amazon and tesco: corporate entrepreneurship, warner media and its subsidiary.

• Words: 2093

Enterprise Computing Challenges and Enterprise Resource Planning

• Words: 1449

Franchising and Its Advantages

Andy keller’s company “chicobag”.

• Words: 2534

Critical Success Factors for Entrepreneurs

• Words: 3872

Foreign and Native Beginner Entrepreneurs

• Words: 5611

Entrepreneurship: Reducing Unemployment

• Words: 1410

Defining Corporate Entrepreneurship

• Words: 3501

Women in Entrepreneurship

• Words: 3172

The Entrepreneurial Journey of Foods Future Global

• Words: 1385

Innovation Management vs. Entrepreneurship

• Words: 2502

Monzo Company as a Small Entreprise

• Words: 3031

Business Planning Process and Entrepreneurial Characteristics

• Words: 2825

Entrepreneurship Themes: Potential and Skills

• Words: 1826

Entrepreneurial Action Module for Modular Business Model

• Words: 11408

The Doctrine of Insurable Interest

• Words: 2412

Khemka Family and Their Beer Business in Russia

Elon musk on start-ups and entrepreneurial duties, social entrepreneurship and social change, the benefits of considering small businesses in government contract solicitations, sources of capital for entrepreneurs, entrepreneurship: advantages and disadvantages.

• Words: 1297

Entrepreneurship: Amara Online Shoe Shop

• Words: 7379

Franchise Agreement: Term Definition

Establishing a food truck business in dubai, maha al-ghunaim, a kuwaiti businesswoman, free enterprise systems.

• Words: 1434

Social Enterprise: Asian Paints

• Words: 2476

Experiences Critical to Entrepreneurial Development

Business models in contemporary art, a new business idea for the rolls royce company, revolutionizing independent cinema streaming.

• Words: 1840

Application of Schumpeter’s Innovative Entrepreneurship Theory to Ooredoo

• Words: 8185

Innovation and Entrepreneurship at Uber Technologies, Inc.

Discussion: being an entrepreneur, elizabeth hobbs keckley as a woman in american business, digital transformation for small businesses in indonesia.

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Entrepreneurship and Business Ethics

• Words: 1683

Entrepreneurship and Leadership in Freelance and Real Estate

• Words: 2321

Employee vs. Entrepreneur: Benefits and Drawbacks

New enterprise start-up plan: on-demand courier service to deliver medicine.

• Words: 15616

Frank Zamboni, an Entrepreneur and Inventor

Sole proprietorship and internal control.

• Words: 1285

The African American Entrepreneurship Development Program Evaluation

• Words: 1467

The African American Entrepreneurship Development Program

The dopeplus social entrepreneurship.

• Words: 1166

Luxury Linens: Review of an Interview With an Entrepreneur

• Words: 1104

Entrepreneurship by Young People

Sole proprietorship: advantages and disadvantages, capability: business model innovation in mergers, characteristics of writing a business plan, entrepreneurial activity: the key aspects, entrepreneurial personality and decision to start a business, the determinants of self-employment for artists, a study of ooredoo’s practices in the context of schumpeter’s theory, discussion: female entrepreneurship in asian countries, types of business forms and their organisation, entrepreneurship and christian world view.

• Words: 1001

Entrepreneurship as a Powerful Practice

• Words: 2501

Kier Group Plc: The Impacts of COVID-19

• Words: 4343

The Minority Business Development Agency Program

• Words: 1455

Supporting the Innovative Entrepreneurs in Turkish Universities

Starting a business: a restaurant of national cuisine, entrepreneurial education for university students.

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The Book “Shoe Dog: A Memoir by the Creator of Nike” by Phil Knight

Family business succession in asian countries.

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Commercialization and Innovation Best Practices

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Establishing a Small Business Tourist Agency in the UAE

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Investing in an Offshore Wind Power Plant in Greece

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Crowdfunding Project on Kickstarter

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“The Art of the Start” by Guy Kawasaki

The innovation process: successes and failures, elements and infrastructures for technology startups.

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The Milaha Express Firm’s Possibilities in Qatar

• Inspiration
• 4 of the Most Inspiring Entrepreneurs And What You Should Learn from Them

June 6, 2017

All aspiring entrepreneurs are inspired by someone who forged a path before them. We all need someone to look up to — to think of during tough times and believe that one day, we could be where that person is.

There are plenty of people that could be debated as being the “most inspiring” (Mark Zuckerberg, Elon Musk, Jeff Bezos). But the truth is that each of these people can teach us different things because they’re all coming from different places — and we don’t mean their location.

Every person brings their own unique life experiences to the boardroom. No two people are exactly alike because our personalities affect the way we perceive experiences, in addition to how we react to them. The inspiring entrepreneurs on this list (which is by no means comprehensive) all have something unique to offer, but they also have one thing in common: they’re wildly successful. 

Bill Gates was born on October 28, 1955 in Seattle, Washington to a lawyer and an educator (who also just happened to serve on the board of IBM). From an early age, Gates was an extraordinarily avid reader, even sitting down to read the encyclopedia at times. When he grew bored at his local public school, his parents enrolled him in an exclusive private school, where his interest in computers blossomed.

The Mother’s Club at the school purchased a teletype terminal for the students to use, which Gates was drawn to immediately. He spent much of his spare time on the machine, even developing a tic-tac-toe program in BASIC computer language — around age 14. It’s also around this time that he met Paul Allen, his (very near future) business partner.

Gates and Allen became friends quickly, bonding over their shared fascination with computers. Being the mischievous (and brilliant) kids they were, they once had their computer privileges revoked when they realized there was a glitch in the software tracking computer time. As a result, they received free access to the computers from the supplier. They were allowed back into the lab when they promised to debug the software.

When Gates was 15 and Allen 17, the two developed their first computer program, which eventually netted the teens $20,000. Despite their desire to start a company immediately, Gates’ parents wanted him to go to college and become a lawyer. In 1973, Gates went to Harvard. Allen attended Washington State University, but dropped out after two years to take a job with Honeywell in Boston.

Shortly thereafter, Allen and Gates, having become fascinated with the Altair 8800 minicomputer kit, wrote to the maker of the device, Micro Instrumentation and Telemetry Systems (MITS). The duo claimed they were developing software that would run on the Altair. MITS asked them for a demonstration, which meant that the two had to work pretty hard to create something from nothing in two months.

Because they didn’t even have an Altair to test the software on, they went into the presentation completely blind. All laws of physics and karma would tell us this presentation should have been a disaster — but it wasn’t. The software worked perfectly. MITS offered Allen a job and Gates dropped out of Harvard to join him not long after.

In 1975, Gates and Allen founded Microsoft while working for MITS, but they didn’t see immediate success. Their software for Altair brought in some cash, although it did not cover expenses. In 1977, when MITS was sold to new owners, Gates and Allen had to sue for the rights to the software they’d developed for the Altair — something Gates felt very strongly about.

Gates saw a different opportunity in regards to software than many of his competitors and peers. In the late 70’s, it was common among computer enthusiasts to share software, but Gates believed that passing software between friends was basically stealing. He saw early on that there could be a lot of money in software licensing, so that’s where he focused his energy.

In 1979, Microsoft had 25 employees and was finally seeing some financial success — in the amount of $2.5 million. By 1981, the company saw exponential growth, with employees jumping to 128 and revenue exploding to $16 million. In 1983, Allen stepped back from Microsoft after a health scare, leaving the company in Gates’ capable hands.

In the meantime, Gates was staying true to his belief in software. He was hard at work developing Windows, which launched in November 1985. A few months later, he took Microsoft public. The initial public offering (IPO) of 24.7 million shares went for $21 per share and since Gates held 45 percent of it, he became a millionaire at the ripe old age of 31. Not too shabby for a college dropout, right?

Obviously, this was only the beginning for Microsoft. The company is still thriving and is worth billions . Gates stepped back from day-to-day operations in the year 2000 so he could focus on philanthropy, which his mother heavily instilled in him. His last full day at Microsoft was June 27, 2008 and he is now officially retired, but remains a board member.

What Makes Bill Gates One of the Most Inspiring Entrepreneurs

Bill Gates is an inspiring entrepreneur for many reasons, but perhaps the most pertinent is his drive. He had the intelligence to accomplish whatever he wanted, but without ambition and passion, intelligence gets you nowhere. If he would have finished Harvard Law like his parents wanted, he would’ve undoubtedly made a great lawyer, but his heart wouldn’t have been in it.

Gates is one of the most inspiring entrepreneurs for us because his success came from a mixture of hard work, natural intelligence, and a bit of luck. His mother’s seat on the IBM board provided some important connections early on in his career, but he never would have been able to build Microsoft had he not been eager to learn on his own — remember that he entered Harvard as a pre-law major. He quickly shifted focus though and enrolled in computer science courses because that’s where his passion was.

Gates loved working with computers and developing software. He was also motivated enough to see how these two things could change the world. He pushed through the setbacks and blazed the trail ahead because he believed in what he was doing — not unlike the other inspiring entrepreneurs on this list.

Steve Jobs was born on February 24, 1955 in San Francisco, California to two graduate students from the University of Washington. He was quickly adopted by Paul and Clara Jobs, who raised him in the region that would become known as Silicon Valley. Paul Jobs was a machinist and taught Steve how to take apart electronics and reassemble them, kickstarting his fascination with machines.

During elementary school, Jobs had trouble concentrating in class — not because he didn’t understand the material, but because (like Gates) he understood the material quickly and got bored. In fact, he tested so well that his teachers wanted to push him ahead at least one grade, but his parents resisted.

In high school, Jobs landed a summer internship at Hewlett-Packard after impressing William Hewlett , where he met Steve Wozniak. Jobs bonded with Wozniak over their mutual love of computer chips and mechanics, despite the five year age gap between the two.

Upon graduating from high school, Jobs enrolled in Reed College, where he lasted one semester before dropping out. However, he continued to informally take creative-based courses, later citing a calligraphy class he took as the reason he loved typography — an interest that eventually led to fonts becoming widely available to the public.

Jobs worked as a video game designer for Atari for a while and then decided to take some time to travel. Upon his return to Silicon Valley in 1975, he and Wozniak reconvened in the Jobs family garage — and Apple Computers was born. They literally sold possessions to raise the capital needed to build the Apple I, which eventually brought in enough revenue to fund design improvements.

In 1977, Jobs and Wozniak released the Apple II — the first computer with color graphics and a keyboard. The Apple II revolutionized the personal computer industry in more ways than one. Not only did they advance the technology in a way previously unseen (seriously, graphics in COLOR ), but they made computers smaller, cheaper, and therefore, more accessible to the average person.

In 1980, Apple went public, raising millions of dollars. Jobs and Wozniak followed up with the Apple III and then the LISA, but not with nearly the success they’d seen with the Apple II. Lower sales meant Apple lost market share (and dominance) to IBM. They fought back in 1984 with the Apple Macintosh, the first computer operated by a mouse , but it was too expensive for the consumer market and not suitable for business needs.

In 1985, after failing to regain market share from IBM and missing the mark with the Macintosh, Jobs was pushed out of Apple by his own hires. While some may have licked their wounds alone in a dark room, Jobs went right back to work creating a new company, NeXT Computers, where he focused on creating software that could be widely used among consumers.

In 1986, Jobs purchased the Computer Graphics Division of Pixar Animation Studios from George Lucas. After years of hard work and a strategic partnership with Disney, Pixar was able to create the first computer generated animated movie — a little film called Toy Story . Riding on the coattails of Oscar nominations and massive ticket sales, Jobs made another million dollar decision by taking Pixar public in the largest IPO of 1995.

Shortly thereafter, Apple, which was floundering in terms of market share, purchased NeXT and reinstated Jobs. In 1997, he was renamed CEO and he wasted no time re-building his baby. Within two years, he’d turned the company around from posting hundreds of millions of dollars in losses to reporting billions in revenue and restored Apple’s reputation as an innovative company.

Of course, the innovation at Apple was far from over. Over the next fifteen years, Jobs helped develop incredible technology, such as the iPod (which completely changed the way we consume music), the revolutionary iPhone (it’s hard to think of our lives before smartphones), and the sleek iPad, essentially setting benchmarks for competitors with each new edition.

What Makes Steve Jobs One of the Most Inspiring Entrepreneurs

Steve Jobs landed on this list of inspiring entrepreneurs because of his laser-like focus. Even after he was fired from Apple in 1985, he started a new company to keep developing his ideas of functional personal computers and the software that ran them. Jobs kept his eyes on the prize even when circumstances felt impossible or at the very least, improbable.

Focus was a huge part of Jobs’ personality and something he instilled in Apple employees when he returned in the late 90s. They were developing dozens of products, but he forced them to abandon all projects except for four that would fit into four categories: pro desktop, pro portable, consumer desktop, and consumer portable.   

At Apple’s annual retreat, he would have the 100 invitees come up with a list of ten things they wanted to focus on in the coming year. Once they’d all agreed upon the top ten (in order) he would cross off the bottom seven and tell them they could only do those three.

Jobs believed that focus was what kept companies on track. What was the point of having 10 products if they were all just “okay” when you could have five that were really innovative and life-changing? There are only 24 hours in a day, so take some inspiring advice from Jobs and use them to be really focused on what your goals are.

Richard Branson

Richard Branson was born in London, England on July 18, 1950 to a barrister and a flight attendant. He struggled in school as a child and eventually dropped out at the age of 16 to start his own magazine. The publication wasn’t very lucrative and in an effort to fund it, he started selling records through the mail.

When the mail-order record business took off, Branson rented a brick-and-mortar location in London and started selling records in-store with the help of his magazine employees. They named it “Virgin” because none of them were experienced business-people.

In 1973, Branson created a record label called Virgin Records with its first release being Mike Oldfield’s “ Tubular Bells .” But the label really took off in 1977 when Branson signed the Sex Pistols to Virgin (against most people’s strong advice). Virgin grew to become one of the world’s most successful independent record labels, landing artists such as Peter Gabriel, The Rolling Stones, and Paula Abdul.

Over the following decade, Branson diversified the Virgin brand, eventually encompassing more than 50 companies and generating millions in revenue. In 1984, he expanded even further, founding Virgin Atlantic — a brand new international airline that he said would not ignore customers’ needs the way other airlines had done.

At first, it appeared that everything was fine. Virgin Atlantic was doing well and people did, indeed, love flying with them, thanks to excellent customer service and incomparable perks. But in the 90’s, fuel prices soared, fewer travelers were flying overseas, and competitors were on a mission to put Virgin Atlantic under.

In 1992, Branson had to sell off Virgin Records to pay Virgin Atlantic’s debts and keep it afloat — something that devastated him. He promised himself he’d never be at the mercy of lenders ever again, which led to a highly successful strategy he calls “branded venture capital.” This basically entails the licensing of the Virgin name (and the full weight behind it) in exchange for a controlling interest.

These days, Branson’s sights are set on space travel, via Virgin Galactic. While some people might look at his latest venture (or any of his others) and think he’s insane, it isn’t a far jump from Virgin Atlantic, especially when you consider his adventurous nature and desire to challenge himself.

What Makes Richard Branson One of the Most Inspiring Entrepreneurs

Richard Branson is a different kind of inspiring entrepreneur. He built a diversified empire of businesses under the same brand name and when asked why he did so, he said that he enjoyed the challenge of doing things better than others. His contributions to entrepreneurship and his pioneering way of overcoming obstacles even earned him a knighthood .

The lesson we can learn from Branson is the importance of stellar customer service. He believes customer service makes a business, regardless of the product or service you are trying to sell. He says the hype and amenities of Virgin Atlantic made people want to try the airline, but it was the interactions with Virgin employees that kept them coming back. Not only do you get excellent customer service on the plane, but this practice extends to social media , with multiple full-time employees responding to tweets 24 hours a day, 7 days a week.

Branson is one of the most inspiring entrepreneurs because he believed that employees were his biggest asset long before management schools were teaching it. He knew you couldn’t have great customer service without the right employees — and Virgin Atlantic hires selectively because of this philosophy (a reported 1 in 100 applicants is hired). Take this lesson and run with it.

Mark Cuban was born on July 31, 1958 to a decidedly middle-class family in Pittsburgh, Pennsylvania. His father upholstered cars and his mother did odd jobs to earn extra money. Always performing well in school, he began taking college courses at the University of Pittsburgh during his junior year, even skipping senior year to start college full-time.

His first business (of many) was selling baseball cards at age ten. From there, he looked for opportunities to earn money any way he could, like selling garbage bags, coins, and stamps. Cuban attributes at least some of his ambition to his parents, who incentivized him to read by paying him to do so — say, $2.00 per 100 pages — causing him to get up early to read before school in the morning.

His ambitious find-a-way attitude got him through college (first at Pitt, then at Indiana University), which he helped pay for through a variety of entrepreneurial ventures, including teaching dance lessons .

After college, he worked for Mellon Bank in Pittsburgh right as they were converting their records to computers, a task that sparked his interest in PCs and programming. After a brief stint back in Indiana, he drove to Dallas in his beat up 1977 Fiat X19 to live with five friends in a tiny apartment and sleep on the floor.

Cuban worked at a bar while applying for jobs, landing one at a place called Your Business Software. In his words , they hired him because they were “impressed by the fact that I was actually willing to read all of the software manuals” and that he was teaching himself programming.

He enjoyed the job and was even making a little money. When he got a big sale a few months in, he was thrilled at the idea of buying a bed and getting his own apartment. However, his boss told him to turn down the sale. Cuban went to pick up the check from the client anyway and when he brought it back to the CEO, was fired immediately.

Being fired was what Cuban needed to kick-start his career. This is the event that made him go into business for himself. He founded MicroSolutions, which sold software, configured computers, and conducted training. Through some strategic decision making (as if there were any other kind for inspiring entrepreneurs), MicroSolutions grew to be a multi-million dollar business, which he sold for a hefty sum a few years later to CompuServe.

Seeing the vast potential of the Internet and using his profit from the CompuServe sale, he and fellow Indiana University alumni Todd Wagner founded AudioNet (later Broadcast.com) as a way to listen to sports radio online. After renaming the company and taking it public in 1998, Cuban and Wagner set their sights on selling their extremely valuable company — which they did — to Yahoo! for nearly $6 billion the following year.

Much like Gates and Branson, Cuban has spent the past decade or so taking on projects and businesses he wants to. After all, he doesn’t need to work, but he’s an entrepreneur. He chooses to work. In 2000, he purchased the Dallas Mavericks and pulled them from the depths of the NBA rankings to champions in 2011. In 2009, he joined a group of venture capitalists to create the Emmy award winning reality show Shark Tank , which is still running today.

What Makes Mark Cuban One of the Most Inspiring Entrepreneurs

Mark Cuban earned a spot on this list of inspiring entrepreneurs because of his vision, but also for following his gut. In the 1980’s, when computers were just beginning to enter the minds of the masses, he dedicated his life to learning everything he could about them and then put that knowledge to good use.

In the 90’s when the Internet was in its infancy, he was starting a business that allowed people to listen to the radio online. Cuban knew the Internet would change the world and he wanted to be a part of it in a meaningful way. The lesson he teaches us here is that you have to take the bull by the horns. If you see an opportunity, seize it.

Instead of retiring early, Cuban is working to inspire other entrepreneurs on Shark Tank and is even helping them learn how to better conduct their businesses. It doesn’t appear that Cuban will be slowing down anytime soon — and we certainly hope not. His outspoken nature and good instincts make him an interesting case study that we are eager to continue following.

How to Turn the Most Inspiring Moments Into Action

Being inspired by someone doesn’t necessarily lend itself to taking action. Seeing that Bill Gates worked hard doesn’t mean that you will, too. Instead, look at the specific things each entrepreneur did on their journey to success and then follow suit.

For example, Bill Gates read everything he could get his hands on and took a vested interest in educating himself. In fact, Gates is among great company here — reading is a common practice among many inspiring entrepreneurs.

Richard Branson made his own luck and opportunities, eventually doing what most people thought was impossible: running an airline with stellar customer service. Steve Jobs had focus like very few others and used it to narrow product offerings, which eventually saved Apple from going under.

Entrepreneurs are sometimes described as crazy , either because their idea is outlandish or because their methods are unorthodox. So when people tell you you’re nuts, think about all of the crazy ones that came before you. Think about the people on this list (and others) who didn’t listen to the naysayers — and how they impacted your life.

Recently, two Grammy winners stood onstage in their underwear and said, “Anyone, from anywhere, can do anything.” You don’t have to be from a big city or a rich family. You really can accomplish anything you set your mind to. That’s what all the people on this list did — they followed their passion and took active steps to get there. So who’s to say you can’t accomplish your wildest dreams?

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Who are the most inspiring entrepreneurs in your eyes? Let us know by tweeting us @Protoio !

Angelica Valentine

Angelica is the Content Editor at Proto.io. She is an Oakland native with seven years of experience in Content Marketing who loves baking, biking, and boba.

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Essay Samples on Entrepreneurship

What is entrepreneurship in your own words.

What is entrepreneurship in your own words? To me, entrepreneurship is the art of turning imagination into reality, the courage to chart unexplored territories, and the commitment to leave a lasting mark on the world. It's a journey of boundless creativity, relentless innovation, and unwavering...

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What is Entrepreneurship: Unveiling the Essence

What is entrepreneurship? This seemingly straightforward question encapsulates a world of innovation, risk-taking, and enterprise. Entrepreneurship is not merely a business concept; it's a mindset, a journey, and a force that drives economic growth and societal progress. In this essay, we delve into the multifaceted...

Social Entrepreneurship: Harnessing Innovation

Social entrepreneurship is a transformative approach that merges business principles with social consciousness to address pressing societal challenges. This unique form of entrepreneurship goes beyond profit-seeking and focuses on generating innovative solutions that create positive change in communities. In this essay, we explore the concept...

Evolution of Entrepreneurship: Economic Progress

Evolution of entrepreneurship is a fascinating journey that mirrors the changes in society, economy, and technology throughout history. From humble beginnings as small-scale trade to the modern era of startups, innovation hubs, and global business networks, entrepreneurship has continuously adapted to the dynamic landscape. This...

Importance of Entrepreneurship: Economic Growth and Societal Transformation

Importance of entrepreneurship transcends its role as a mere business activity; it stands as a driving force behind innovation, economic growth, and societal transformation. Entrepreneurship fosters the creation of new products, services, and industries, while also generating employment opportunities and catalyzing economic development. This essay...

• Economic Growth

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Entrepreneurship as a Career: Navigating the Path of Innovation

Entrepreneurship as a career is a compelling journey that offers individuals the opportunity to create their own path, shape their destiny, and contribute to the economy through innovation. While the road to entrepreneurship is laden with challenges and uncertainties, it is also marked by the...

Corporate Entrepreneurship: Fostering Innovation

Corporate entrepreneurship represents a strategic approach that empowers established organizations to embrace innovation, take calculated risks, and explore new opportunities. In an ever-evolving business landscape, the concept of corporate entrepreneurship has gained prominence as companies seek to maintain their competitive edge and adapt to changing...

Challenges Faced by Entrepreneurs: Innovation and Success

Challenges faced by entrepreneurs are a testament to the intricate journey of turning visionary ideas into tangible realities. While entrepreneurship is often associated with innovation and opportunity, it's also characterized by a multitude of hurdles and obstacles that test an entrepreneur's resilience and determination. In...

300 Words About Entrepreneurship: Navigating Innovation and Opportunity

About entrepreneurship is a dynamic journey that involves the pursuit of innovation, creation, and the realization of opportunities. It is the process of identifying gaps in the market, envisioning solutions, and taking calculated risks to bring new products, services, or ventures to life. Entrepreneurs are...

Best topics on Entrepreneurship

1. What is Entrepreneurship in Your Own Words

2. What is Entrepreneurship: Unveiling the Essence

3. Social Entrepreneurship: Harnessing Innovation

4. Evolution of Entrepreneurship: Economic Progress

5. Importance of Entrepreneurship: Economic Growth and Societal Transformation

6. Entrepreneurship as a Career: Navigating the Path of Innovation

7. Corporate Entrepreneurship: Fostering Innovation

8. Challenges Faced by Entrepreneurs: Innovation and Success

9. 300 Words About Entrepreneurship: Navigating Innovation and Opportunity

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3 Entrepreneurs Who Made Their Ideas Winning Realities

• 31 Aug 2023

What is it about entrepreneurial success that’s so inspiring? Is it the entrepreneur’s determination, vision, and grit to persevere through tough times? Is it the ingenuity of noticing a market opportunity and acting on it? Is it the leap of faith into risky territory, betting on an idea against the odds?

Or is it knowing that the person didn’t start off as an entrepreneur? They had an idea, the drive to pursue it, and the entrepreneurial skills to make it a reality . Maybe their success means you can do it, too—with the right skills and mindset.

Whether you’re an entrepreneur searching for inspiration or someone with the beginnings of an innovative idea , here are three success stories from the tech startup world to learn from.

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3 Tech Startup Success Stories

1. songe laron and dave salvant of squire.

Songe LaRon and Dave Salvant are no strangers to the barbershop experience. Both New York City natives, they remember going to barbershops nearly weekly since the age of six, watching the men in their lives get haircuts. After working in banking and law, they found themselves drawn to entrepreneurship, and the lack of change in the barbershop experience caught their attention.

“The process hasn’t changed since I was a little boy,” Salvant says in the online course Launching Tech Ventures . “You go to the barbershop, call or text your barber, sit down in the barbershop for hours waiting for your name to be called, and then have to pay with cash. And this is the same time where you can get rideshare from your phone. I was like, ‘Why hasn't this changed?’”

So began the building of Squire , a barbershop point-of-sales and management system. LaRon and Salvant’s initial idea was a customer-facing app for booking barber appointments—what LaRon calls “the Uber of barbers.”

“There's an opportunity here that everyone else is missing for whatever reason,” LaRon says in Launching Tech Ventures. “I personally think there were some blind spots that investors and entrepreneurs had with this area and didn't see the potential. But we saw it, so we figured we had an advantage relative to everybody else because we knew this industry so well, so intimately.”

Eager to validate their hunch, the pair went door to door gathering feedback from barbers—or trying to, anyway. Most didn’t look at the product closely or have time to stop working to chat in depth.

Related: How to Conduct Market Research for a Startup

While at a WeWork, LaRon and Salvant encountered a group of executives and pitched their idea for Squire. One executive took a chance on them and provided seed funding, which they used to hire a developer and build the app’s first iteration.

To spread the word about Squire and get immediate feedback, LaRon and Salvant set up a pop-up barbershop in their WeWork space. They discovered it effectively solved the issues they’d experienced as customers: scheduling and payment. The problem was that the app didn’t address barbers’ needs.

In 2016, LaRon and Salvant purchased a barbershop to learn how to adapt their product firsthand. Salvant calls this a “bet-the-company” move because they used over half their funds.

The risk paid off. They learned the intimate challenges of running a barbershop—from managing bookings to paying individual barbers.

“They decided to pivot from targeting end consumers, a model known as B2C, to targeting barbershop owners, a model known as B2B,” says Harvard Business School Senior Lecturer Jeffrey Bussgang, who teaches Launching Tech Ventures , “focusing on the owners as the primary customer and building a software as a service, or SaaS, platform to meet their needs. While their initial focus on end consumers might be considered a failure, it proved to be an important lesson for their customer value proposition .”

The new platform took off. Squire is now available in three countries and has raised $165 million in funding, driving home the message that taking the time to understand your customers pays off.

2. Leah Busque Solivan of TaskRabbit

Late one night in 2008, Leah Busque Solivan ran out of food for her yellow lab, Kobe. Little did she know that would plant the seed for what would become her $50 million company, TaskRabbit .

“When I realized I was out of dog food that night, I immediately thought, ‘There's got to be a way to use my phone to pinpoint someone at the grocery store and connect with them and have them grab dog food for me, and I'm willing to pay them to do it,’” Busque Solivan says in an ABC News interview . “And that was the moment where I realized I could get really passionate about this idea. I know that I can build it, and it's something that I felt could help people all over the world.”

The idea blossomed into a website called RunMyErrand, which had 100 “runners” to complete errands for users in Boston, Massachusetts.

At the time, the “sharing economy”—an umbrella term for business models that facilitate peer-to-peer exchange of goods or services—wasn’t yet popular. Ride-hailing app Uber and home-sharing app AirBnB were mere ideas, and delivery service DoorDash wouldn’t be founded for another five years.

Car-sharing company Zipcar was one of the first major players in the yet-to-be-named economy in the Boston area. When Busque Solivan’s friend connected her to its CEO, Scott Griffith, he liked her idea and offered support in the form of workspace and guidance.

One piece of advice he shared was to apply for Facebook’s startup incubator, fbFund. Busque Solivan took the chance and was accepted, and she moved to the West Coast to grow her business.

During her time in the incubator, Busque Solivan raised $1.8 million in seed funding and met entrepreneur and author Tim Ferriss, who became a valued mentor and advisor. Ferriss also introduced her to her first investor, Ann Miura-Ko of Floodgate Venture Capital.

Related: Startup Incubator vs. Accelerator: Which Is Right for You?

The next several years marked a period of extreme growth. Busque Solivan changed RunMyErrand to TaskRabbit. A year later, she closed a $5 million Series A funding round. The company grew from 100 “runners” in one city to 2,000 “taskers” in five.

After closing a $17.8 million Series B round, Busque Solivan faced a new challenge: Apple’s App Store launch. She hired a developer and created an app version of TaskRabbit’s previously web-exclusive service.

To test the app, Busque Solivan launched it in London—an entirely new market—before TaskRabbit’s existing U.S. market.

“This was very controversial,” Busque Solivan says in an interview with the Computer History Museum . “I’m so glad we did it, in hindsight, because the product in London worked great. When we decided to transition it back to the U.S.—millions of customers and 50,000 taskers—it was a complete disaster.”

Pivoting from a web platform to mobile-first app upset and confused TaskRabbit’s U.S. customer base, but Busque Solivan leaned on the app’s successful London launch to justify pushing through. The company retrained taskers on the user interface, gained new customers and taskers, and recovered from the initial drop in customer satisfaction.

TaskRabbit has since expanded to nine countries and more than 75 cities. It was acquired by furniture provider IKEA in September 2017 and began offering furniture assembly in addition to its original services. Busque Solivan is now a venture capitalist at Fuel Capital, dedicated to uplifting other industry-disrupting entrepreneurs like Griffith, Ferriss, and Miura-Ko did for her.

Related: How to Find Product-Market Fit in the Tech Industry

3. Tanya Menendez of Maker’s Row and Snowball Wealth

Growing up, Tanya Menendez’s parents told her that her past didn’t define her future—and she took that to heart.

As a first-generation college student and daughter of immigrants, Menendez became aware of structural and economic inequality early on, leading her to study economic sociology in college.

After exploring law, policy research, and roles at Google and Goldman Sachs, Menendez decided entrepreneurship was her way to make a change post-graduation.

“I knew that I wanted to make a positive impact on society,” Menendez says in the interactive online experience Pathways to Business . “I knew I wanted to make it easier for people who came from any socioeconomic background to be able to have upward economic mobility. Business really attracted me because I could come up with ideas and make them a reality.”

Menendez’s first foray into entrepreneurship was when a friend asked her to join his leather goods company, Brooklyn Bakery. After working there for a year and a half, she noticed it was difficult to find U.S. factories to make leather goods.

To solve that problem, Menendez created Maker’s Row , an online platform that connects U.S. factories with designers and business owners who need American-made products.

As the company’s co-founder and COO, Menendez wore many hats and immersed herself in the fast-paced life of a tech entrepreneur. The experience also led her to start her second business in 2019: Snowball Wealth , a mobile-first platform that provides community and tools to help pay down debt and build generational wealth.

“I started Snowball because of a problem I experienced personally,” Menendez says in Pathways to Business . “I had student loans. I noticed that it was especially complex because of all of the different payment plans and federal forgiveness programs on top of policy changes. It was just incredibly confusing and overwhelming. No one really tells you how to pay down your debt. I saw that as an opportunity to make it much easier for people to understand what their options are.”

To date, Snowball Wealth has raised over $1 million in funding and continues to support users in their wealth-building journeys.

If you’re interested in learning from Black, Latinx, and underrepresented minority (URM) founders and business professionals about their journeys, explore HBS Online’s free interactive experience, Pathways to Business .

The Power of Learning from Real-World Examples

These startup success stories shed light on the importance of building a strong network , knowing when to pivot, and using personal experiences to identify opportunities .

Whether on the edge of entrepreneurship or in the thick of it, learning from real-world examples can be invaluable and provide insights that inform your trajectory.

If you’re interested in examining the ups and downs of other tech founders’ journeys, explore Launching Tech Ventures , which prompts you to consider what you’d do in real-world business scenarios. Through a combination of video content and interactive exercises, industry experts—including LaRon and Salvant of Squire—guide you through their thought processes, which risks paid off, and what they’d do differently if given the chance.

Entrepreneurship can be challenging, but with other founders to learn from, your startup can be another success story.

Are you ready to launch a successful startup? Explore Launching Tech Ventures —one of our online entrepreneurship and innovation courses —and download our free guide to starting your entrepreneurial journey .

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Home » Home » Essay » Essay on entrepreneurship (100, 200, 300, & 500 Words)

Essay on entrepreneurship (100, 200, 300, & 500 Words)

Essay on entrepreneurship (100 words), essay on entrepreneurship (200 words), essay on entrepreneurship (300 words), the importance of entrepreneurship.

• Economic Growth : Entrepreneurship plays a crucial role in driving economic growth by creating new businesses, products, and services. It fosters competition and encourages innovation, leading to increased productivity and efficiency in the economy.
• Job Creation : Entrepreneurs are job creators. They not only create jobs for themselves but also generate employment opportunities for others. Startups and small businesses are known to be significant contributors to job creation, especially in developing economies.
• Innovation and Technology : Entrepreneurs are at the forefront of innovation and technological advancements. They constantly challenge the status quo and introduce new ideas, products, and processes, driving progress in various industries.
• Societal Development : Entrepreneurship has a positive impact on society by addressing social problems and meeting unmet needs. Social entrepreneurs focus on creating ventures that tackle issues like poverty, education, healthcare, and environmental sustainability.

Qualities of Successful Entrepreneurs

• Passion and Motivation : Successful entrepreneurs are driven by a strong passion for their ideas, products, or services. They are motivated to overcome challenges and persevere through setbacks, fueling their determination to succeed.
• Creativity and Innovation : Entrepreneurs possess a high degree of creativity and are constantly seeking new and innovative solutions. They think outside the box, challenge conventions, and find unique ways to add value to the market.
• Risk-taking and Resilience : Entrepreneurs are willing to take calculated risks and step out of their comfort zones. They understand that failure is a part of the journey and are resilient enough to bounce back from setbacks and learn from their mistakes.
• Adaptability and Flexibility : The business landscape is ever-evolving, and successful entrepreneurs are adaptable and flexible. They embrace change, pivot when necessary, and stay ahead of market trends and customer demands.
• Leadership and Vision : Entrepreneurs are visionaries who can inspire and lead their teams. They have a clear vision of what they want to achieve and possess the ability to communicate and align their goals with others, turning their vision into reality.

Key Steps in the Entrepreneurial Journey

• Identifying Opportunities : Successful entrepreneurs have a keen eye for identifying market gaps, unsolved problems, and emerging trends. They conduct thorough market research to understand customer needs and assess the viability of their ideas.
• Business Planning : Once an opportunity is identified, entrepreneurs develop a comprehensive business plan. This includes defining their target market, analyzing competitors, outlining their value proposition, and formulating a strategic roadmap.
• Securing Funding : Entrepreneurs often require financial resources to launch and grow their ventures. They explore different funding options such as bootstrapping, seeking loans, attracting investors, or crowdfunding to secure the necessary capital.
• Building a Team : Entrepreneurship is rarely a solo journey. Successful entrepreneurs build a team of skilled individuals who complement their strengths and contribute towards achieving the company’s goals. They understand the importance of delegation and collaboration.
• Execution and Iteration : Entrepreneurs turn their ideas into action by executing their plans and continuously iterating their products or services based on customer feedback. They are agile and adaptable, making changes and improvements as they learn from the market.
• Scaling and Growth : As the venture gains traction, entrepreneurs focus on scaling their operations. They explore opportunities for expansion, enter new markets, and invest in resources to support growth while maintaining a strong customer-centric approach.

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How to Inspire Entrepreneurial Thinking in Your Students

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• Course Design
• Experiential Learning
• Perspectives
• Student Engagement

T he world is in flux. The COVID-19 pandemic has touched every corner of the globe, profoundly impacting our economies and societies as well as our personal lives and social networks. Innovation is happening at record speed. Digital technologies have transformed the way we live and work.

At the same time, world leaders are collaborating to tackle the United Nations’ Sustainable Development Goals , which aim to address issues related to health, education, gender equality, energy, and more. Private sector leaders, too, are recognizing that it makes good business sense to be aware of corporations’ social and environmental impact.

So, how can we as educators prepare our students to succeed in this tumultuous and uncertain—yet hopeful and exhilarating—global environment? As the world changes, so do the skills students need to build their careers—and to build a better society. For students to acquire these evolving skills, we believe educators must help students develop an entrepreneurial mindset.

6 Ways You Can Inspire Entrepreneurial Thinking Among Your Students

An entrepreneurial mindset —attitudes and behaviors that encapsulate how entrepreneurs tend to think and act—enables one to identify and capitalize on opportunities, change course when needed, and view mistakes as an opportunity to learn and improve.

If a student decides to become an entrepreneur, an entrepreneurial mindset is essential. And for students who plan to join a company, nonprofit, or government agency, this mindset will enable them to become intrapreneurs —champions of innovation and creativity inside their organizations. It can also help in everyday life by minimizing the impact of failure and reframing setbacks as learning opportunities.

“As the world changes, so do the skills students need to build their careers—and to build a better society.”

Effective entrepreneurship professors are skilled at nurturing the entrepreneurial mindset. They, of course, have the advantage of teaching a subject that naturally demands students think in this way. However, as we will explore, much of what they do in their classroom is transferable to other subject areas.

We interviewed top entrepreneurship professors at leading global institutions to understand the pedagogical approaches they use to cultivate this mindset in their students. Here, we will delve into six such approaches. As we do, think about what aspects of their techniques you can adopt to inspire entrepreneurial thinking in your own classroom.

1. Encourage Students to Chart Their Own Course Through Project-Based Learning

According to Ayman Ismail, associate professor of entrepreneurship at the American University in Cairo, students are used to pre-packaged ideas and linear thinking. “Students are often told, ‘Here’s X, Y, Z, now do something with it.’ They are not used to exploring or thinking creatively,” says Ismail.

To challenge this linear pattern, educators can instead help their students develop an entrepreneurial mindset through team-based projects that can challenge them to identify a problem or job to be done, conduct market research, and create a new product or service that addresses the issue. There is no blueprint for students to follow in developing these projects, so many will find this lack of direction confusing—in some cases even frightening. But therein lies the learning.

John Danner, who teaches entrepreneurship at Princeton University and University of California, Berkeley, finds his students similarly inhibited at the start. “My students come in trying to understand the rules of the game,” he says. “I tell them the game is to be created by you.”

Danner encourages students to get comfortable navigating life’s maze of ambiguity and possibility and to let their personal initiative drive them forward. He tells them, “At best you have a flashlight when peering into ambiguity. You can shine light on the next few steps.”

In your classroom: Send students on an unstructured journey. Dive right in by asking them to identify a challenge that will hone their problem-finding skills and encourage them to work in teams to find a solution. Do not give them a blueprint.

For example, in our M²GATE virtual exchange program, we teamed US students with peers located in four countries in the Middle East and North Africa (MENA) region. We asked them to identify a pressing social issue in MENA and then create a product or service to address it. One of the teams identified the high rate of youth unemployment in Morocco as an issue. They discovered that employers want workers with soft skills, but few schools provide such training. Their solution was a low-cost after-school program to equip students ages 8-16 with soft skills.

2. Help Students Think Broadly and Unleash Their Creativity

Professor Heidi Neck says her students at Babson College struggle with problem finding at the start of the entrepreneurial journey. “They are good at solving problems, but not as good at finding the problem to solve,” she explains. “For example, they know that climate change is a problem, and they’re interested in doing something about it, but they’re not sure what problem within that broad area they can focus on and find a market for.”

Professor Niko Slavnic, who teaches entrepreneurship at IEDC-Bled School of Management in Slovenia and the ESSCA School of Management in France, says he first invests time in teaching his students to unlearn traditional ways of thinking and unleash their creativity. He encourages students to get outside their comfort zones. One way he does this is by having them make paper airplanes and then stand on their desks and throw them. Many ask, “Should we do this? Is this allowed?” When his students start to question the rules and think about new possibilities, this indicates to Slavnic that they are primed for the type of creative exploration his course demands.

“When students start to question the rules and think about new possibilities, this indicates to Professor Niko Slavnic that they are primed for the type of creative exploration his course demands.”

In your classroom: Think about the concept of “unlearning.” Ask yourself if students are entering your class with rigid mindsets or attitudes based on rules and structures that you would like to change. For example, they may be coming into your classroom with the expectation that you, the instructor, have all the answers and that you will impart your wisdom to them throughout the semester. Design your course so that students spend more time than you do presenting, with you acting more as an advisor (the “guide on the side”).

3. Prompt Students to Take Bold Actions

Geoff Archer, an entrepreneurship professor at Royal Roads University in Canada, says Kolb’s theory of experiential learning underpins the entrepreneurial management curriculum he designed. Archer takes what he calls a “ready-fire-aim approach,” common in the startup world—he throws students right into the deep end. They are tasked with creating a for-profit business from scratch and operating it for a month. At the end of the semester, they must come up with a “pitch deck”—a short presentation providing potential investors with an overview of their proposed new business—and an investor-ready business plan.

This approach can be met with resistance, especially with mature learners. “They’re used to winning, and it’s frustrating and more than a bit terrifying to be told to do something without being given more structure upfront,” says Archer.

Professor Rita Egizii, who co-teaches with Archer, says students really struggled when instructed to get out and talk with potential customers about a product they were proposing to launch as part of their class project. “They all sat outside on the curb on their laptops. For them, it’s not normal and not okay to make small experiments and fail,” says Egizii.

Keep in mind that, culturally, the taboo of failure—even on a very small scale and even in the name of learning—can be ingrained in the minds of students from around the world.

The benefit of this permutation, explains Archer, is that students are writing plans based on actual experiences—in this case, customer interactions. Moving the starting blocks forward offers many benefits, including getting the students out of the classroom and out of their heads earlier, reminding them that the market’s opinion of their solution is far more important than their own. This also affords students more time to reflect and maximize the potential of their minimum viable product or experiment.

In your classroom: Invite students to bring their lived experiences and workplace knowledge into their studies. This can be just as powerful as the more famous exhortation to “get out of the classroom.” As Egizii sees it, “student-directed experiential learning provides a comfortable and relatable starting point from which they can then diverge their thinking.”

4. Show Students What They Can Achieve

For Eric Fretz, a lecturer at the University of Michigan, the key to launching his students on a successful path is setting the bar high, while at the same time helping them understand what is realistic to achieve. “You will never know if your students can jump six feet unless you set the bar at six feet,” he says.

His undergraduate students work in small teams to create a product in three months and generate sales from it. At the start of the semester, he typically sees a lot of grandiose ideas—a lot of “fluff and BS” as he calls it. Students also struggle with assessing the viability of their ideas.

To help, Fretz consults with each team extensively, filtering through ideas together until they can agree upon a feasible one that fulfills a real need. The real magic of his course is in the coaching and support he provides.

“People know when you’re investing in them and giving them your attention and energy,” Fretz says. He finds that coaching students in the beginning of the course helps assuage their concerns about embarking on an open-ended team project, while also supporting initiative and self-reliance.

In your classroom: Design ways to nudge your students outside their comfort zones, while also providing support. Like Fretz, you should set high expectations, but also adequately guide students.

5. Teach Students the Value of Changing Course

A key part of the entrepreneurial mindset is to be able to course-correct, learn from mistakes, and move on. Entrepreneurship professors position hurdles as learning opportunities. For example, Danner tells his students that his class is a laboratory for both aspiring and failing. He advises them to expect failure and think about how they are going to deal with it.

“A key part of the entrepreneurial mindset is to be able to course-correct, learn from mistakes, and move on.”

Ismail believes letting his students fail in class is the best preparation for the real world. He let one student team pursue a project for the entire semester around a product he knew had no potential. Two days before the end of the course, he told them as such. From his perspective, their frustration was the best learning experience they could have and the best training he could offer on what they will experience in real life. This reflects a key component of the entrepreneurial mindset— the ability to view mistakes as opportunities .

In your classroom: Build into your course some opportunities for students to make mistakes. Show them how mistakes are an opportunity to learn and improve. In entrepreneurship speak, this is called a “pivot.” Can you build in opportunities for students to face challenges and have to pivot in your course?

6. Communicate with Students Regularly to Establish New Ways of Thinking

Professor Neck realized that to nurture the entrepreneurial mindset in her students, she needed to provide them with opportunities to do so outside of class. She now encourages her students to establish a daily, reflective practice. She even designed a series of daily “mindset vitamins” that she sends to her students via the messaging platform WhatsApp. Students are not expected to reply to the messages, but rather to simply consume and absorb them.

Some messages relate specifically to entrepreneurship, such as: “How can you get started with nothing?” And others apply to life in general: “What has been your proudest moment in life so far? How can you create more moments like that? What did it feel like the last time you failed?”

In your classroom: Communicate with your students outside the classroom with messages that reinforce the mindset change you are seeking to achieve in your course. Social media and apps such as WhatsApp and Twitter make it easy to do so.

All Students Can Benefit from an Entrepreneurial Mindset

The COVID-19 pandemic has demonstrated that an entrepreneurial mindset is critical for addressing today’s problems. Adapting to risk, spotting opportunity, taking initiative, communicating and collaborating, being flexible, and problem solving—these are ways in which we have responded to the pandemic. And they’re all part of the entrepreneurial mindset. By instilling this way of thinking in our students, we will equip them to handle tomorrow’s challenges—as well as to identify and take advantage of future opportunities.

Thinking about which of these entrepreneurial approaches you can adopt in your own teaching may require you to redesign portions of your courses or even create a new course from scratch. We encourage you to be open to experimenting and trying out some of these ideas. Like the best entrepreneurs, don’t be afraid to fail.

Also, be open with your students. Let them know you are trying out some new things and solicit their feedback. If needed, you can always pivot your class and involve them in the exercise of co-creating something better together. In the process, you will also be modeling the entrepreneurial mindset for your students.

Amy Gillett is the vice president of education at the William Davidson Institute , a non-profit located at the University of Michigan. She oversees design and delivery of virtual exchanges, entrepreneurship development projects, and executive education programs. Over the past two decades, she has worked on a wide variety of global programs, including 10,000 Women , equipping over 300 Rwandan women with skills to scale their small businesses, and the NGO Leadership Workshops—one-week training programs held in Poland and Slovakia designed to enhance the managerial capability and sustainability of nongovernmental organizations in Central and Eastern Europe.

Kristin Babbie Kelterborn co-leads the Entrepreneurship Development Center (EDC) at the William Davidson Institute. She collaborates with the EDC’s faculty affiliates to design and implement projects that support entrepreneurs in building and growing their businesses in low- and middle-income countries.

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Learning from the Best: Inspiring Entrepreneurial Stories of Success

Have you ever wondered what sets successful entrepreneurs apart from the rest? Is it their incredible innovation, unwavering determination, or perhaps just pure luck? Well, in this article, we delve into the captivating stories of some of the world's most inspiring entrepreneurs who have defied the odds and achieved remarkable success.

From humble beginnings to global empires, these individuals embody the spirit of entrepreneurship, proving that dreams can become reality with the right mix of passion, perseverance, and a touch of brilliance. So, grab a cup of coffee, sit back, and let their extraordinary journeys ignite your own entrepreneurial spirit.

The Power of Learning from Successful Entrepreneurs

Entrepreneurship learning: The Power of Learning from Successful Entrepreneurs

Learning from the experiences of successful entrepreneurs provides invaluable insights for aspiring business owners. Studying their journeys allows us to gain practical knowledge and avoid common pitfalls. By understanding the strategies and decisions that led to their success, we can apply these lessons to our own ventures.

For example, hearing about the challenges they faced and how they overcame them can inspire us to persevere in the face of adversity. Additionally, discovering the innovative solutions they employed in different situations can spark creativity and inspire us to think outside the box .

Why Entrepreneurial Stories Inspire and Teach

Entrepreneurial stories inspire and teach because they provide relatable examples of real-world success. These stories showcase the challenges, triumphs, and strategies that entrepreneurs have employed to achieve their goals. By sharing their experiences, entrepreneurs offer valuable insights and practical advice, making the learning process more tangible and accessible.

For instance, hearing about how an entrepreneur overcame failure or navigated a saturated market can provide insights on resilience and innovation. Such stories bring entrepreneurship to life and enable aspiring entrepreneurs to apply lessons learned to their own ventures.

Steve Jobs: Revolutionizing the Tech Industry

Early life and challenges.

"Early Life and Challenges" sheds light on the formative experiences and obstacles faced by successful entrepreneurs. Growing up in modest or challenging circumstances often fosters resilience and resourcefulness, honing the skills necessary for entrepreneurship. For instance, a lack of financial resources can inspire innovative thinking and lean startup strategies. Similarly, facing personal hardships or failed ventures teaches invaluable lessons in perseverance and adaptability.

These early life challenges serve as a breeding ground for entrepreneurial instincts and the ability to navigate ambiguity. Entrepreneurs who embrace these experiences as learning opportunities gain a unique perspective that propels them forward in their entrepreneurial journeys.

Entrepreneurship learning: Innovating with Apple

In the fast-paced tech industry, Apple stands out for its consistent innovation. The company's success is attributed to its entrepreneurial mindset rooted in continuous improvement and forward thinking. Apple embraces disruptive technologies, challenges industry norms, and focuses on user-centric design. By fostering a culture of creativity and risk-taking, they have introduced groundbreaking products that reshape entire markets. Entrepreneurs can learn from Apple's approach by emphasizing the importance of staying ahead of trends, embracing change, and prioritizing user experience. It's about being agile, thinking big, and constantly pushing the boundaries of what's possible.

Key Lessons from Jobs' Journey

Key Lessons from Jobs' Journey in Entrepreneurship Learning:

• Pursue a Passionate Vision : Jobs' unwavering passion for creating user-friendly technology drove his success. Entrepreneurs should identify their core vision and channel their enthusiasm towards it.
• Embrace Innovation : Jobs constantly pushed boundaries by introducing groundbreaking products. Entrepreneurs must prioritize innovation, finding unique solutions to address market needs and stand out from competitors.
• Customer-Centric Approach : Jobs believed in creating products that customers didn't even know they needed. Entrepreneurs should focus on understanding customer pain points and delivering exceptional experiences, anticipating future desires.
• Failure is an Opportunity : Despite setbacks, Jobs persisted. Entrepreneurs must embrace failure as a valuable learning experience, iterating and adapting their strategies until they achieve their goals.
• Build a Talented Team : Jobs surrounded himself with talented individuals who shared his passion. Entrepreneurs should assemble a diverse team with complementary skills, fostering collaboration and driving innovation.
• Simplify Complexity : Jobs mastered the art of simplifying complex technology, making it accessible to the masses. Entrepreneurs should aim to simplify their products or services to attract a broader customer base.
• Never Settle : Jobs' relentless pursuit of perfection drove continuous improvement.

Entrepreneurs should constantly strive for excellence, iterate their offerings, and never settle for mediocrity.

By incorporating these lessons into their entrepreneurial journeys, budding business owners can navigate challenges and pave their path to success.

Oprah Winfrey: Empowering Media Mogul

From poverty to billionaire.

Entrepreneurship learning: From Poverty to Billionaire

• Overcoming adversity : Coming from a challenging background can fuel determination and resilience.
• Finding a niche : Identifying an untapped market or addressing a problem can lead to growth opportunities.
• Embracing creativity : Thinking outside the box and offering unique solutions can set you apart from competitors.
• Building a strong network : Surrounding yourself with supportive mentors and like-minded individuals can provide valuable guidance.
• Continuous learning : Seeking knowledge and staying updated with industry trends allows for continuous growth.
• Taking calculated risks : Being willing to step out of your comfort zone and seize opportunities can lead to great rewards.
• Persistence and hard work : Success rarely happens overnight; consistent effort and perseverance are crucial.
• Learning from mistakes : Accepting failures as learning experiences and adapting strategies accordingly is vital.
• Giving back : Philanthropy and social responsibility can create a positive impact and enhance reputation.

Entrepreneurship learning: Breaking Barriers in Media

Entrepreneurship learning in the realm of media involves shattering traditional barriers and embracing innovative approaches. Successful entrepreneurs in this field have found ways to disrupt established norms and create new opportunities for growth. They leverage emerging technologies, adapt to changing consumer behaviors, and challenge long-standing industry practices.

For instance, some have pioneered digital platforms to reach global audiences, while others have utilized niche market targeting to create personalized experiences. By staying agile and open to experimentation, aspiring entrepreneurs can learn to navigate the ever-evolving media landscape and seize untapped opportunities for success.

Key Lessons from Winfrey's Path

One valuable lesson we can learn from Oprah Winfrey's entrepreneurial journey is the significance of perseverance. Despite facing numerous obstacles, Winfrey remained determined and stayed committed to her goals. This demonstrates the importance of resilience in overcoming challenges as an entrepreneur.

Additionally, Winfrey's success highlights the value of authenticity. By staying true to herself and her beliefs, she was able to connect with her audience on a deep level. This teaches us that being genuine and sincere can significantly impact our entrepreneurial ventures. Lastly, Winfrey's ability to adapt and embrace change is another lesson we can learn. She constantly evolved her brand and embraced new opportunities, demonstrating the importance of staying agile in an ever-changing business landscape.

Elon Musk: A Visionary in Multiple Industries

From south africa to the stars.

Elon Musk's journey from South Africa to becoming a pioneer in the tech industry holds valuable lessons for aspiring entrepreneurs. Musk's ability to think big and take calculated risks has been instrumental in his success. By co-founding companies like Tesla and SpaceX, he has disrupted traditional industries and sparked innovation. His story teaches us the importance of having a grand vision and relentlessly pursuing it, even in the face of adversity. Musk's entrepreneurial spirit reminds us that daring to dream and embracing unconventional ideas can lead to groundbreaking achievements.

Entrepreneurship learning: Disrupting the Automotive and Aerospace Sectors

In the realm of "Entrepreneurship learning," understanding how to disrupt the automotive and aerospace sectors is crucial for aspiring entrepreneurs. This involves identifying gaps or inefficiencies in these industries and devising innovative solutions that challenge the status quo.

For example, entrepreneurs can explore advancements in electric vehicles, autonomous cars, and sustainable aviation to redefine the future of transportation.

Additionally, leveraging emerging technologies like artificial intelligence and additive manufacturing can lead to breakthroughs in vehicle design, manufacturing processes, and supply chain management. By staying informed about industry trends and adopting a forward-thinking mindset, entrepreneurs can drive transformative change in these sectors and create lasting impact.

Key Lessons from Musk's Success

Key Lessons from Musk's Success in Entrepreneurship Learning:

• Embrace Risk and Take Bold Actions : Musk's success can be attributed to his willingness to take calculated risks, whether it was investing his entire fortune into SpaceX or pursuing electric vehicles when the market was skeptical. Embrace calculated risks to pursue opportunities that others may overlook.
• Foster a Visionary Mindset : Musk's ability to envision and pursue grand ideas, from colonizing Mars to revolutionizing sustainable transportation, inspires entrepreneurs to think big. Cultivate a visionary mindset that pushes boundaries and challenges conventional thinking.
• Persevere Despite Setbacks : Musk faced numerous setbacks throughout his career but remained resilient. Learn from his example and develop the determination to overcome obstacles and keep pushing forward, even when faced with failures or criticism.
• Surround Yourself with Talented Individuals : Musk understands the importance of assembling a highly skilled team capable of executing his ambitious goals. Surround yourself with talented and diverse individuals who share your vision and can contribute their expertise to propel your venture forward.
• Continuous Learning and Adaptation : Musk is known for his relentless pursuit of knowledge across various domains. Entrepreneurs should prioritize continuous learning, adapt to evolving circumstances, and stay ahead of industry trends to seize new opportunities.
• Focus on Long-term Impact : Musk prioritizes creating long-term impact over short-term gains.

Align your business objectives with a broader purpose and consider the long-term consequences of your actions, aiming to make a positive and lasting impact in your industry and beyond.

By incorporating these key lessons from Musk's entrepreneurial journey, aspiring entrepreneurs can enhance their entrepreneurial mindset and increase their chances of success.

Sara Blakely: Revolutionizing the Undergarment Industry

An inventive mindset.

An inventive mindset is vital for entrepreneurship learning. It involves thinking creatively, challenging norms, and finding innovative solutions to problems. Entrepreneurs with an inventive mindset often seek out new opportunities, experiment with different approaches, and embrace failure as a learning experience. This mindset encourages out-of-the-box thinking and encourages entrepreneurs to take risks and explore uncharted territories.

For example, successful entrepreneurs have harnessed an inventive mindset to disrupt industries through unique product offerings or novel business models. Cultivating an inventive mindset involves constantly questioning assumptions, staying curious, and being open to new ideas.

Entrepreneurship learning: Building Spanx

• Embrace Creativity : Sara Blakely's success with Spanx showcases the power of thinking outside the box. She identified a gap in the market for comfortable yet flattering undergarments and used her creativity to develop a unique product.
• Customer-Centric Approach : Blakely prioritized understanding her customers' pain points and delivering a solution that truly met their needs. This customer-centric approach helped Spanx gain a loyal following and stand out in a crowded industry.
• Resilience and Perseverance : Blakely faced numerous rejections and setbacks while building Spanx but remained resilient in the face of adversity. Her determination and perseverance were instrumental in turning her idea into a thriving business.
• Continuous Innovation : Spanx's success can be attributed to its constant pursuit of innovation. Blakely constantly sought ways to improve and expand her product line, staying ahead of the competition and remaining relevant in a dynamic market.
• Learn from Mistakes : Blakely embraced her failures as valuable learning opportunities, using them to refine her strategies and make better decisions. This willingness to learn from mistakes contributed to Spanx's growth and success.

Key Lessons from Blakely's Entrepreneurial Journey

Blakely's entrepreneurial journey offers valuable lessons for aspiring entrepreneurs. One key lesson is the importance of perseverance in the face of challenges. Blakely faced numerous rejections before successfully launching her product, showcasing the need to stay determined and resilient. Another lesson is the significance of understanding market demand and creating a unique value proposition.

Blakely identified an underserved niche and developed a product that met customers' needs in a distinct way.

Additionally, Blakely emphasizes the value of taking calculated risks and being open to learning from failures. These lessons from Blakely's journey can guide entrepreneurs on their path to success.

Wrapping up

This article dives into the inspiring stories of successful entrepreneurs and the valuable lessons that can be learned from them. It highlights the challenges they faced, the pivotal moments that shaped their journeys, and the strategies they employed to achieve their goals. By examining these stories, readers can gain valuable insights and inspiration to apply to their own entrepreneurial endeavors.

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Exploring Social Entrepreneurship: ‘My Generation Is Full of Activists and Humanitarians’

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Knowledge@Wharton High School first met Fiorella Riccobono in 2015 when she was a senior in high school. We featured her in a story about a business class project to promote fair trade practices among Haitian coffee farmers. Now Riccobono, who is 19, is a college student studying finance and interdisciplinary social science with concentrations in economics and social entrepreneurship. In this personal essay, Riccobono talks about how and why she is embracing her calling to become a bold and tenacious change maker.

I just completed my freshman year of college at Florida State University (FSU), and in many ways I am feeling transformed. When you first step foot onto your college campus, the feeling is incredible. You have a sense of personal freedom that you have never experienced. In college, you start to explore your major based on your passion and build the necessary classes and curriculum to earn your degree. Now imagine that the major you chose is an emerging field in the business world. Imagine that it is a new program at your school, and imagine just how much room for growth that opportunity means for you.

That chosen field for me is social entrepreneurship. I fell in love with social entrepreneurship a few years ago when Mrs. Zocco, my business teacher at Edward A. McCarthy High School in Florida, showed me a video of the most genuinely happy and grateful man I had ever seen. He was one of the farmers participating in a fair trade coop in Haiti that our class was helping to run, and his smile was amazing. He was thanking us because now, through fair trade – which in this case was helping coffee farmers in Haiti’s poorest region earn a just wage for their very hard work — his children had enough money to go to school. Since that moment, I have been driven to learn all I can about social entrepreneurship and how to make it my life’s work.

Leaving the World a Better Place

Many of us want to be extraordinary, to be change makers and to make positive and influential contributions to society. I have discovered that my generation is full of activists, humanitarians and philanthropists. No matter our passions — education, health, environment, economic development — many of us share a common goal: to leave this world a better place than how we found it. I’ve gathered inspiration from the stories of famous social-justice advocates around the world, like Muhammad Yunus, who created the concept of microfinancing, and Malala Yousafzai, who advocates for women’s education. Both Muhammad and Malala are recipients of the Nobel Peace Prize.

Social entrepreneurship is such an emerging concept that it is still not clearly defined. Most importantly, though, it is not charity. Although social entrepreneurs may need to rely on donations to launch their endeavors, they can’t create a business model based on donations, because charity is not sustainable. How can you build a business when you don’t know where your next dollar is coming from – or when?

In my experience, social entrepreneurs are individuals who draw on innovative business tactics to create solutions to societal issues. Social entrepreneurs combine government, nonprofit and traditional business practices in order to create a sustainable business model that is not only profitable, but also beneficial to the social sector. These innovators create large-scale, systemic and sustainable models by addressing a societal issue at its foundation – poverty, climate change, pollution, whatever it may be. Social entrepreneurs do not have an idea and then apply it. Instead, they go directly to the source of the issue and ask what is needed. Based on that answer, they build their business plans. Social entrepreneurs are often empathetic, bold, open-minded and tenacious.

So, that first day I stepped onto campus, I was more than ready to begin the next phase of my social entrepreneurship journey. The social entrepreneurship culture at Florida Sate University is growing rapidly. Early freshman year, I met Valarie Rodriguez, who wanted to start the Social Entrepreneurs and Innovators Club at FSU. I was the first person to join the team, and since then two of our board members have created social enterprises that are thriving within the Tallahassee community. Ramon started Unhoused Humanity, which uses crowd funding to help working homeless citizens make the down payment to get into a home. Often, the working poor do not have enough money saved up to make the hefty down payment needed for renting living space — typically first and last month rent and security and utility deposits. But they do generate enough income to pay their monthly rent once they are in. Unhoused Humanity helps the homeless get over that initial down-payment hurdle.

Another one of our members, Nikolas, has started Qultur. Qultur’s purpose is to use art to decrease crime in communities. Qultur creates and finds financing for events that bring together local artists, businesses and community members with the premise, “When we support and trust each other, we can live in harmony.”

Launching a social entrepreneurship club feels a bit like starting your own business. You have to find funding, promote your mission, explain the concept, and get people invested in your passion. I recruit local entrepreneurs to come speak at our events, plan those events, find funding and sponsors, and educate people on all aspects of social entrepreneurship.

I am getting hands-on social entrepreneurship experience in other ways, as well. The spring semester of my freshman year, I interned with a local fair trade coffee shop in Tallahassee. During that time, my team of interns created a micro social enterprise using the coffee shop’s food truck. We were trained as baristas and innovators and were responsible for creating a business model that would be profitable, while also maintaining a social mission.

We researched local areas and events and chose where to take our “fair trade” truck, what beverages we should make, and handled the actual food truck operations . We were the first group of interns to ever break even and create profit for this program. Our business model – like many other social enterprises — addressed a triple bottom line: people, planet and profits. The model had three key features: first, the coffee we brewed was purchased from small farmers who were paid a fair price through certified organic cooperatives. The coffee farms were bird-safe and shade-grown to ensure the organic coffee was environmentally sound. (Coffee farmers sometimes take strides to grow coffee in sunnier settings because it is faster; however, this often damages the biodiversity of the region.) And finally, the coffee shop placed all our profits in local and global humanitarian causes, truly addressing the triple bottom line.

Helping the Homeless

It is immensely inspiring to be part of a community where social justice is a priority. It is motivating to be surrounded by young individuals who are not only incentivized by profit, but by creating systemic change. I believe social entrepreneurship is the future of business and policy making. People are no longer seeing global poverty as a call for charity, but as a place of economic and cultural growth. Young business minds no longer want to exploit our natural resources, rather build business models that protect our environment.

The best advice I can give to incoming freshmen at any school is to be empathetic, bold, open-minded and tenacious. You are about to be exposed to a world of information, opportunity and incredible curiosity. I am as passionate as ever about my social entrepreneurship future. This fall, with the help of my club members, I will be starting a research project at a local homeless shelter. My plan is to speak personally with members of the homeless community in Tallahassee in order to better understand their backgrounds, prior education, work experience and willingness to rejoin the workforce. I want to use this quantitative data to possibly identify a pattern in homelessness. By pinpointing the need, I can create meaningful solutions.

My ultimate goal is to launch a program that rehabilitates the homeless community and reengages homeless people as active, contributing members of society. My heart tells me that many of them want to improve their circumstances, but need the proper channels for lasting change. I’m not sure how this will all play out, but I have little doubt that we are laying the foundation for something truly extraordinary.

Related Links

• RedEye Mobile Cafe
• NY Times: The Rise of the Social Entrepreneur
• K@W Video: Muhammad Yunus: Lifting People Worldwide Out of Poverty
• FSU Social Entrepreneurship
• Unhoused Humanity

Conversation Starters

Fiorella Riccobono stresses that social entrepreneurship is not charity. What does she mean by this? Why does she make this important distinction?

Using the “Related KWHS Articles” and “Related Links” tabs, find out more about Malala Yousafzai and Muhammad Yunus. How have they made an impact on the world? Can you think of any other social-justice champions whose missions inspire you?

Fiorella says, “I believe social entrepreneurship is the future of business and policy making.” Do you agree? Why or why not?

200 comments on “ Exploring Social Entrepreneurship: ‘My Generation Is Full of Activists and Humanitarians’ ”

Fiorella Riccobono stressed that social entrepreneurship is not charity. She wanted the readers to understand the difference between social entrepreneurship and social services, which I believe readers should give certain importance. As a reader, I feel that I have understood the relation between social entrepreneurship and charity. This distinction plays a role in opening the minds of the readers in defining other facets of social entrepreneurship.

I agree, because many people don’t know the difference between social entrepreneurship and social service. In the social entrepreneurship, you gain money and it is very different than a charity

Social entrepreneurship is where you start companies and develop a fund for some type of environmental issue. Fiorella Riccobono does gain money, but it is for a cause. Fiorella Riccobono donates money to the homeless community because they want to improve their circumstances. I agree as well, that many people don’t know the difference between social service and social entrepreneurship. Unhoused Humanity helps the homeless get over that initial down-payment hurdle. When you are in Social entrepreneurship, you are exposed to a new world of information and technology.

Social entrepreneurship and charity overlap in many fields (helping the homeless, for example); however, charity fosters a feeling of dependence in its recipients. Knowing this, many are scared away from the field. If social entrepreneurs are looking to make a difference, they must set themselves apart from well-established foundations and philanthropy.

1. Fiorella Riccobono stresses that social entrepreneurship is not charity. She is correct. Social Entrepreneurs run a business. While they are more empathetic because their helping the social sector by solving global and humanitarian issues, they ask what is needed and then base their business plan around that. They make a profit while contributing to society. 2. Muhammad Yunus won the Nobel prize for founding the Grameen bank which aided a lot of people with financial structure. Malala Yousafzai fought for women’s education in Pakistan. 3. I agree that social entrepreneurship is the future of business because it builds a good reputation, which is important for an enterprise, while simultaneously making a profit.

1. Fiorella believes that donations are essential, however it can’t create business models because charities are not sustainable. A sustainable business is not only profitable, it has to be beneficial. They want to solve issues and make the business better. Businesses want to fix social issues as well as enviornment issues.

2. Yuman won the noble peace prize and helped people with finances, Malala wanted education for women in Pakistan

3. I agree with social entrepreneuership because it builds a businesses reputation

1. Fiorella Riccobono believes that it is not charity because she is trying to point out to the reader that social entrepreneurship is not a charity, as a charity is not sustainable, because you can’t control the influx of money. She means that social entrepreneurship can last over a long period, and has to be sustainable in order to help the most people possible.

2. Malala and Muhammad inspire the world. Malala inspires women to be educated, even in countries where women are not educated. She wrote a book of her injury, when she was shot by an Islamic group. Muhammad inspires young leaders globally. Also, he won a Nobel Peace Prize for his work on social entrepreneurship. Another social justice champion that I admire is Oprah. She broke barriers by being one of the first black female millionaires in the United States. She also established an empire.

3. I believe that entrepreneurship offers a hopeful way to guide society. This helps people who have less money and in third world countries.

1) Fiorella Riccobonno stresses that it is not charity because she is trying to point out to the reader that social entrepreneurship is not a charity, as a charity is not sustainable, because you cant control the influx of money. She means that social entrepreneurship is different than charity because social entrepreneurship can last over a long period, and has to be sustainable in order to help the most people possible.

2) Malala and Muhammad inspire the world. Malala inspires women to be educated, even in countries where women are not educated. She wrote a book of her injury, when she was shot by an Islamic group. Muhammad inspires young leaders globally. He also won a Nobel Peace Prize for his work on social entrepreneurship. Another social justice champion that I admire is Oprah Winfrey. She broke barriers by being very successful in her field of work, and her work in helping those less fortunate.

3) I believe that social entrepreneurship offers a hopeful way to help rehabilitate the community of people that are less than well off when it comes to their financial situation. Social entrepreneurship is a great way to give back to the less fortunate.

Fiorella Riccobono stresses that social entrepreneurship is not charity because because charity is not sustainable it cant support. she means that how can you build a buisness not knowing when your next pay is. she makes this important distinction so that she can inform the reader so that she gives a guideline. Malala Yousafzai is a pakastani actavist that emphasizes on women empowerment and how a group of people can make a change.

Fiorella Riccobono stresses that social entrepreneurship is not charity because although entrepreneurs may rely on donations they cant really create a business model based on it. She makes this important distinction because people may think that entrepreneurship is based on charity and donations when they are basically innovative business tactics to create solutions to social issues.

I Believe Riccobono stresses that social entrepreneurship isn’t charity so much because of how she wants to impact the world. If Social entrepreneurship was a charity, the problem would only at best get monetarily fixed. However, Social entrepreneurship targets to change the actual problem rather then just throw money at it.

I agree with Fiorella’s statement that social entrepreneurship is the future. Based on the information in this article it appears as though the goal of social entrepreneurship is to help fix the world’s problems. However, instead of simply creating a solution social entrepreneurship also finds ways tranform the issue into an opportunity for economic growth.

Social Entrepreneurship is not a charity because the business still makes money. They do help the community, but making money is a priority. This is an important distinction because she needs to stress the fact that the business still needs to make money. Fiorella does not want people to think that the are a charity that donates all their money.

When Fiorella Riccobono stresses that social entrepreneurship is not charity she means that its also a business and she makes money off it. This is an important distinction because she needs to stress the fact that its a business and she still needs to make money at same time as helping.

The way in which Fiorella explained how social entrepreneurship is not a charity is very educated and clear to understand. It is easy to agree with her statement on social entrepreneurship not being a charity even though it, in some cases, acts like one. For example when a business receives money from investor, it is similar to a charity receiving money from people to support the business. She makes a very good point in saying that a business cannot operate not knowing where they will get their next dollar. Another good point she makes that not everybody would think of is that if a business is running on donations, and donations alone, the business would not be able to create a business model since charity is not sustainable.

I do agree with her thinking, thanks to our generation of young people getting more interested in social matters and being more open minded. Nowadays, people is more intereste in social, environmental, and economical matters, therefore, making them more eager to get involved with our society . Social entrepreneurs will help in developing abetter society for our people

When Fiorella states that social entrepreneurship is not charity she means that social entrepreneurship is its own thing. She recognizes it as being something that can help many people, in many different places, for many different causes. As opposed to charity which is something that helps one cause, or raises money for something in specific. She makes this important distinction because she also realizes that the topic could be confusing for some who do not necessarily know the exact difference between the two.

Malala Yousafzai is a true hero, a legend, who will be remembered forever. She is a courageous leader who fights for women to be able to get an education. On October 9, 2012 she was shot by the Taliban and left in critical condition. She pushed through and from this tragic event that happened to her, she made her voice heard. Her story is touching and she now has her own foundation that advocates for womens’ rights worldwide. Muhammad Yunus is a social entrepreneur from Bangladesh. He is known for founding the Grameen Bank and developing the concepts of microcredit and microfinance. His objective was to put an end to poverty by giving out loans that were suitable to the people and teaching them some financial principles to help themselves. Not only did these two icons earn a Nobel Peace Prize Award, but they will also have an everlasting legacy for their keen, creative, and unique minds. Some other social-justice champions that I admire are Eleanor Roosevelt and Oprah Winfrey.

Fiorella Riccobono explains that social entrepreneurship is not charity. She goes on to clarify that social entrepreneurship is, in essence, using traditional business practices to create a sustainable business model that is not only profitable, but also beneficial to the social sector. Fiorella makes sure to note that charity is not sustainable and that a business model cannot run on donations alone.

Social entrepreneurship is definitely the future of business and policy making because it is a business enterprise not only focused in profitable gains and societal claims. Its significance is reflected on the demand of customers for business to have grater social objectives.

Fiorella says that social entrepreneurship is not charity because it can’t create a business based on donations. Social entrepreneurship creates solutions to societal issues. This is an important distinct because social entrepreneurship should be it’s own business/its own work. It is not a charity where anyone can help, social entrepreneurship helps other businesses to thrive.

Malala Yousafzai and Muhammad Yunus are both huge figure in the world for what they are and what they accomplished. The impact that they had on the world is different from one to another but both helped the humankind to be better. Another social-justice champion that had a mission that inspire me is Nelson Mandela, for what he forgive and what he accomplished.

3. I do believe social entrepreneurship is the future. It allows to have a business that is self sustainable and driven to help the community/planet without having this motivation for self gain. More and more people will start to realize that if we help the planet as a whole, then we will all benefit from it. Not only does it feel great to know that you’re helping people but also you get the satisfaction of helping the whole entire planet.

Personally, I believe that there is a quote that fits this article.

“If you give a man a fish, you feed him for a day. If you teach a man to fish, you give him an occupation to feed him for his lifetime.”

Charity can be given to someone and yes, it can help them, however it does not provide something long lasting. Giving people jobs, and a way for them to work in just conditions is how you can truly help people. A sustainable company that can support the people, support the environment, and still make a profit for more investment is a company that can help people. That is how you can truly help and make a impact. That’s the difference between social entrepreneurship and charity. One is sustainable and can sustain others.

Malala Yousafzai is Pakistani activguist who publicy campaigned for girls to go to school and won a Nobel YouthPeace Prize. Due to her popularity and exposure, the Taliban were after her. On October 9, 2012, a Taliban masked gunman boarded her school bus, and asked for her by name. The gunman shot her in the head, neck and shoulders. Malala survived the attack and is now a world famous activist for peace and girls in school.

Muhammad Yunus is a Bangladeshi entrepreneur that was awarded the Nobel Peace Prize for founding the Grameen Bank and creating microcredit and microfinance. He is working hard to help advocate a world without poverty.

According to “I believe social entrepreneurship is the future of business and policy making.” as Fiorella said, I agree that social entrepenueurships is the future of bussines annd policy making since entrepeneurs are going up and being more involved in the future policies as well as business

As far as social entrepreneurship being the future of business and policy making, yes, I agree with Fiorella. She has definitely made some interesting and realistic points. She believes that, given our generation and what that all have made a living out of, we all want to leave the world a better place than how we found it. Social entrepreneurship is saving poor regions with solutions such as fair trade and I agree that if you work hard to make that a part of your life work that it can make a difference.

Yes I do agree that, “social is the future of business and policy,” because not only does the entrepreneur make a profit, he or she also supports and helps local, small businesses which in turn helps all the people in a community. Social entrepreneurs need to be smart and innovative to find ways to make money, but still support the community. This benefits the social entrepreneur and the people they are helping. This can build innovative skills and social skills making are world communicate and making our world be together.

I agree with Fiorella when she says “I believe social entrepreneurship is the future of business and policy making.” because we are moving towards a more socially and environmentally cautious world. More and more companies are starting to deal with environmental issues. I t is likely that most future companies or enterprises will be helping raise money to help solve global problems from the start

Fiorella Riccobono stresses that social entrepreneurship is not charity because charity is not sustainable and relies on donations from people. Social entrepreneurship is when individuals use a variety of tactics and strategies to tackle societal problems. She makes this important decision because although they overlap in some areas, social entrepreneurs need to find ways to make their business profitable.

1. Fiorella Riccobono stresses that social entrepreneurship is not charity because in a social entrepreneurship, making money is part of the goal. It does help the community. However, unlike a charity, social entrepreneurship can be sustainable. They don’t base their business plan off of the donations they received but they use innovative ideas and plans. I believe she addressed the difference between the two to clarify that they are separate concepts and emphasize the difference between them.

Throughout the article, Fiorella Riccobono emphasizes on the idea that social entrepreneurship is not charity. Fiorella realizes many young people are willing to help but prevent them self from doing so due to the dependent nature of charity. Through using social entrepreneurship, one is not dependent on others to create a sustainable and reliable network to help those in need. This entices future business students who want to help while still utilizing the skills they have learned.

When Forella says “I believe social entrepreneurship is the future of business and policy making,” I agree with this statement because nowadays the world of business is becoming based off of networking and social elements. It is becoming more common that people want to go out and work on social projects and participate in the community. As this becomes more popular it will begin to become a business. It takes knowledge to turn social work into a business. However if done right, it can make the world a better place.

Social entrepreneurship and charity are two different businesses models. As Fiorella Riccobono says, charity is not a viable business plan that can make money. Social entrepreneurship triple bottom line is people, planet, profits. They want to help the world while making a positive change in the world while making a profit.

I agree with Fiorella’s statement that “social entrepreneurship is the future of business and policy making” because it gives companies the opportunity to give back to their community while making a profit. The upcoming generation of business owners want to leave the world better than they found it, and social entrepreneurship is the perfect opportunity to make a difference. I believe this is extremely beneficial to society and its members as it will also help shape the future generations to become successful leaders through international connections and job opportunities.

Fiorella, in the article, stated that social entrepreneurship is not charity. By stating this she means that charities will help gain money for a cause, but as a social entrepreneur, you have the opportunity to take your knowledge and make money and business. In the article, Fiorella states that “People are no longer seeing global poverty as a call for charity, but as a place of economic and cultural growth. ” If more people are able to gain that knowledge and share it, many people would be able to help more people at a constant rate. Charity is for one cause while social entrepreneurship can be for many.

Fiorella believes that social entrepreneurship is the future to business and policy, and I agree. Although, I would also argue that it is fundamental to today’s business and policy. This is so important because social entrepreneurship in other words is networking. These skills are important to meet others in the business world and expand upon your knowledge. If you have a wide range of connections you will have more opportunities to get jobs, knowledge in every field of business, and create a supportive business network in your working environment. After all you are not working next to computer all day, but next to people that are similar to you!

Fiorella makes the distinction between social entrepreneurship and charity. This is an important distinction because money in a charity flows in one direction. Conversely, money in a social enterprise flows both ways. Social enterprises cannot be charities because they are businesses, and need money to operate. Compared to traditional businesses, though, social enterprises are conscientious about the environmental and social impacts of their actions.

I agree with Fiorella when she claims that social entrepreneurship is the the future success of business and policy making. It doesn’t only help people who already have good conditions of life but it also financially helps those in need and who can’t afford much money. Entrepreneurs can make a lot of profits and invest their money on themselves and the community on where they which can benefit everyone.

The reason Riccobonno made the distinction between social entrepreneurship and charity is because some people don’t understand that social entrepreneurship is in fact a business and relies on more than just donations. In any business it is important to know where and when your money is coming from. Without the knowledge of when you will have money you can not make financial investments or take risks. If your business is not sustainable and it goes bankrupt it will not be able to help anyone.

Fiorella Riccobono stresses that social entrepreneurship is not charity because you cannot created a business based off of donations. Social entrepreneurship makes solutions to social issues.

I agree with Fiorella that social entrepreneurship because it will help many people.And to help the environment and the community.

Fiorella Riccobono stresses that social entrepreneurship is not charity. She focuses about this topic because she wants the reader and society to have the understanding of the difference between entrepreneurship and charity. An entrepreneurship may help and change many people, with different causes or problems, at different situation. A charity is help for a certain person or situation. She wants to make a change not throw money at it and have the problem fixed momentarily.

1. Fiorella Riccobono believes that social entrepreneurship is about making the world a better place. Charity is a completely different subject. Though, they do share a common goal. Malala Yousafzai held a campaign for girls to get an education at school. Muhammad Yunus won the Nobel Peace Prize for social entrepreneurship. They are an inspiration to society. I believe in Fiorella’s point of view. Social entrepreneurship is the future of business. It well help us grow and develop as a person. As well as create opportunities for many in creating a difference.

What Fiorella Riccobono stresses about social entrepreneurship not being charity is that it doesn’t have the ability to launch a business solely based from donations. This is not able to support a fully working business. The charity people give is meant to last a bit, it does not have the ability to make a business work for a long period of time. She makes this important distinction so readers can see the difference between a business that can support itself vs a business that runs on charity.

I agree that social entrepreneurship is the future of business. I believe this because we need to look out for others. There are many people in this world that are self centered and don’t think about others. We need to make sure we take care of others and make sure no one is left behind.

Business entrepreneurship is not charity basically because social entrepreneurs may need to rely on donations to launch their endeavors and making money is part of the goal.

When Fiorella Riccobono states that social entrepreneurship is not charity, she means to create the idea that social entrepreneurship is stable and a dependable new business worth taking part in. She makes this distinction because she wants it to be clear that although it shares a similar idea with charity, it is not only about helping the people but also the planet and business world of the future.

There definitely is a big difference between social entrepreneurship and charity. What Fiorella Riccobono means when she makes this distinction is to not think of social entrepreneurship as the same because of the many differences it has with charity. For example, charity can be looked at as a way to help one specific problem only one time. What she tries to make out of social entrepreneurship is that it helps more than one cause, it is more of a broad way of helping. Also it can shape a better lifestyle for people while charity can only help in one specific way. Giving someone money is not as big of a deal as giving a person a job to consistently earn money. Fiorella makes the distinction so readers know the way that she helps people, by setting a better road for the rest of their lives.

Social entrepreneurship is the future of the business and policy making because it is a way for entrepreneurs to not only make a profit but helps out the community and support their new ideas. And it is a smart way for people to come together as a community and do many great things together.

Fiorella Riccobonno stresses that it is not charity because she wants the reader to be aware that a charity isn’t sustainable because you don’t know where your next dollar comes from, in contrast with social entrepreneurship that is the process to earn profits while helping other people.

[3.] When considering Ms. Riccobono’s statement, “I believe social entrepreneurship is the future of business and policy making.”, I am reminded of the importance of working with non-profit, government, and traditional business, when working towards startling a successful and innovative business. I agree that social entrepreneurship is an important aspect thats importance will become increasingly apparent as time goes on. Using the policies and beliefs that fall under this category, I believe these thing will change the future of business management and development.

Fiorella Riccobono emphasizes a difference between social entrepreneurship and charity. She highlights that in a social entrepreneurship, the owner cannot solely depend on donations in order to maintain the business plan and model to a profitable amount. She makes this distinction because all social entrepreneurships create profit, whereas charities, specifically non-profit organizations, do not.

Ms. Riccobono had her opinion about the meaning of Social Entrepreneurship, in which she thought that it is not charity at all. She stated that making money is the desired outcome, while as compared to charity it is also stable and/or sustainable. She wanted to clarify the actual difference between the two, explaining it through the expression of her own opinion.

-Fiorella Riccobono believes that it is not charity because, she is trying to tell the reader that social entrepreneurship is not a charity, as a charity is not sustainable, because you can’t control the influx of money. She means that social entrepreneurship can last over a long period, and has to be sustainable in order to help the most people possible.

-Malala and Muhammad inspire the world. Malala inspires women to be educated, even in countries where women are not educated. She wrote a book about the injury that she had injury, when she was shot by an Islamic group. Muhammad inspires young leaders globally. Also, he won a Nobel Peace Prize for his work on social entrepreneurship. Another social justice champion that I admire is Oprah. She broke barriers by being one of the first black female millionaires in the United States. She also established an empire.

-I do believe social entrepreneurship is the future. It allows to have a business that is self sustainable and driven to help the community/planet without having this motivation for self gain.

Fiorella Riccobono stresses that social entrepreneurship is not charity. What does she mean by this? Why does she make this important distinction? She wants the distinction to be clear that social justice in businesses for employees isn’t a charity, and that it’s an obligation for workers to be treated/paid fairly. She strives to make a community where social justice is a priority. Using the “Related KWHS Articles” and “Related Links” tabs, find out more about Malala Yousafzai and Muhammad Yunus. How have they made an impact on the world? Can you think of any other social-justice champions whose missions inspire you? Malala aimed for the education of all women in the world, even in countries where they aren’t educated. Muhammed inspired young entrepreneurs around the world. Fiorella says, “I believe social entrepreneurship is the future of business and policy making.” Do you agree? Why or why not? I agree, social justice calls for fairness in business with helping the homeless, being able to assist those in need, and policy wise making work better/ more efficient for employees/

I agree with Florella in believing that social entrepreneurship is the future. Social entrepreneurship is a useful tool to help the community while still making money in the proccess. Being a social entrepreneur allows said entrepreneur to help the people with less money while being able to maintain profit in the proccess.

Fiorella stresses a good point about social entrepreneurship because the businesses that are focused on being run like this are also making an enormous impact on different societal issues while benefiting as a business as well. That being said, theses businesses are definitely not like charities. She makes the distinction between the two because i’m sure the first thing many people think of when they hear about “social entrepreneurship” is charity. Social entrepreneurship is definitely going to take over in the future because it is a great way for businesses to thrive while also having a positive impact on society and the world.

Fiorella Riccobonno stresses the fact that social entrepreneurship is not charity because she wants the reader to understand the difference between social service and social entrepreneurship. Social entrepreneurs are also businessmen and run a business that also helps others.

Social Entrepreneurship is not a charity. It is not a charity because the business still makes money. They do help the community, but making money is the main/top reason. This is an important because she needs to continue stressing the fact that the business still needs to make money. Fiorella helped the people because she paid them more than what they were getting paid.

When Fiorella Riccobono stresses that social entrepreneurship is not charity, she means that the business cannot rely on donations. It would obviously help the business if donations come to them, but the business model cannot be built by just donations. Charity is not sustainable, which means that a certain business can’t survive on donations. Social entrepreneurships are meant to solve societal issues and that is what she is trying to do.

I believe social entrepreneurship is the future of business and policy making because the world is becoming more and more social. Whether it is through social media or just talking to people, people get ideas from other people who get ideas from other people. Nowadays so many people believe they want to be an entrepreneur and its possible because there are so many places to start a business.

Fiorella Riccobono stresses about social entrepreneurship not being charity and that it is not going to be able to launch a business solely based from donations. This is not able to support a fully working business. The charity people give is meant to last a bit, but it does not have the ability to make a business work or last for a long period of time. She makes this important distinction so readers can see the difference between a business that can support itself vs a business that runs on charity.

Fiorella Riccobono stresses that social entrepreneurship is not charity. What does she mean by this? Why does she make this important distinction? She means that she believes a business is not sustainable by donations. On the other hand, charities are 100% sustained by donations. A business is very costly and it cannot be held by a thread or sustained by chance or luck. Starting a business, one wants to know that his or her business has an opportunity of thriving and growing. When one finds out someone is donating, the donation most of the time arrives that same day. In businesses, one has to know where the next dollar is coming from ahead of time. If a business is failing a backup plan needs to be formed, it cannot just sit around and hope for a miraculous donation.

I agree that social entrepreneurship is the future of business because it is a great way to give back to the people that are struggling financially, and it builds a good reputation which is very important for a business.

When Fiorella stresses that social entrepreneurship is not charity, she means that charity is not sustainable, because the influx of money isn’t not controllable, and a social entrepreneurship has to be sustainable so most involved benefit. I agree with Fiorella that social entrepreneurship is the future of business, and where relationships are built while making profit.

Fiorella stresses the difference between social entrepreneurship and charity. A business model can’t be made in a charity, due to charities not being sustainable. Both of these help the community in many ways but you can make money also in social entrepreneurship as it is sustainable.

Fiorella says,”I believe social entrepreneurship is the future of business and policy making” I agree with this statement because I believe that people now a days are trying there best to make this world a better place so being a social entrepreneur is not only helping yourself but also helping your community.

I really find this idea of “social entrepreneurship” to be very defining because this allows people with somewhat experience with the business world to get to experience real life. Many people don’t think business is that hard but this thought of having social entrepreneurship I feel will actually make the image of the business world easier to understand. Social Entrepreneurship is the future and is actually happening already, the reason is because being able to interact with customers and consumers will allow the buyers to have more confidence in the product. Interactions also allows the business to have good credit and good credit to a company means that they are worth more and are recognized as a company that has good stuff. Another reason why social entrepreneurship is the future is because it is easier to start than that of an actually big name company, so I predict that there will be more social entrepreneurs than companies trying to sell small products (that is the job of a social entrepreneur).

Fiorela Riccobono stresses that social entrepreneurship because it is still a business even though it helps people in need. People know the charities are basically just giving money to people and that is not what social entrepreneurship is about. Social entrepreneurship is a business so it still makes a profit but it also helps people. These businesses are all about making a profit while still maintaining a social message. They follow business plans and make a sustainable business while still making an impact with the social sector of the world.

Fiorella Riccobono states that social entrepreneurship it’s not charity. Social entrepreneurs run a business from which they want to take profit while they are contributing to society. She states that they practically show emapthy and use society to make money, which in a way, making money or not, at the end they are still helping people.

Fiorella Riccobono stresses that social entrepreneurship is not charity. She wants to show that social entrepreneurship isn’t charity because it isn’t to get things for people in need. Social entrepreneurship is to develop, fund and implement solutions to social, cultural, or environmental issues. She makes this important distinction because social entrepreneurship uses techniques and has ideas behind funding solutions to social culture, while charity is to do for the good of the people in need. Also social entrepreneurship looks to find solutions for issues, when charity just helps a certain cause.

I believe strongly in the idea of Social Entrepreneurship and the benefits it can bring to many people. I think that is great for college campuses to have social entrepreneur ship clubs so that college students can be exposed to all of the problems that the world has, I love how the article stresses how its important to be open minded and expose your self to new experiences because the world changes every day and it is key for young people to know that because they are the ones who have the most power to change things for the better

Fiorella strongly stresses that social entrepreneurship is not charity. This means that it is still business, that means that it is for profit. I think this is a good thing because the best way to support social programs is by money from companies that still have profit. Fiorella also must believe this because she is sure to emphasize the fact that social enterprises are making money and not bankrupting themselves for their programs or relying heavily on inconsistent and unreliable donations like a charity.

Riccobono emphasizes that charity is different from social entrepreneurship by expressing that charity works with donations and social entrepreneurship handles profits. She makes this distinction to help realize that everyone can win; farmers receive just payment for their goods and vendors of these goods can make a profit. This has definitely made an impact on the world by allowing almost any person attain a fair an income at little to no expense. I don’t completely agree with Fiorella’s belief because today many giant corporations, such as Monsanto, benefit greatly at others’ expense and won’t easily change. Yes, it is a great concept and should be adapted all over but it doesn’t seem like something that will truly happen.

What Fiorella Riccobono means by social entrepreneurship not being a charity is that they are totally different concepts. She makes this important distinction because a charity depends on people donating money for their cause. While social entrepreneurship do accept donations, they don’t rely on it. They use a business model to plan it out like a business.

3: I don’t necessarily disagree or agree with the statement that social entrepreneurship is the future of business and policy making, because there are many other business fields that can have a larger effect on society, for example, the economy keeps the world turning by trading goods to other nations and providing everyone with the funds they earn. The economy also provides storage units known to most as banks, to store any earned money that was not to be spent, this being the opposite of in-wallet or in-pocket money.

But, social entrepreneurship is a very crucial business, and as time goes by, this will get more important. In addition, social entrepreneurship is interconnected with the economics, because with social advantages, one might have a vast connection, thus leading to a higher chance of getting advertised, hired, or partnered with another company.

Firoella Riccobono stresses that social entrepreneurship is not a charity. Social entrepreneurship is a business that is profitable and is indeed not a charity because then it wouldn’t be sustainable. Instead it is comprised of individuals who want to make the world a better place.These individuals try to make the world a better place by using business tactics to try to create solutions to some of the societal issues that we face today, like poverty, climate change, and pollution. So, not only is it not a charity, it is profitable and at the same time it helps make the world a better place.

1.Fiorella Riccobono stresses that social entrepreneurship is not charity even though they receive donations, they can’t create a business model, charity is not sustainable. 2.Malala Yousafzai fights for gender equality, and Muhammad Yunus help the poor and poverty worldwide. This inspires me to leave my mark on the world and change the world for the better. 3.I agree when Fiorella said ” I believe social entrepreneurship is the future of business and policy making.” Because this will help the poor and raise charity.

Fiorella says, “I believe social entrepreneurship is the future of business and policy making.” I agree with Fiorella because it will help give back to those who do not have the resources that they need. It will not only make provide good reputation to the business, but it will give you such a good feeling to know you are being involved in the community and helping others.

Fiorella Riccobono stresses that social entrepreneurship is not charity, because it’s not possible to create a business model based on donations, because charity is not sustainable. Malala inspires the education of all women in the world, even in countries where they are not educated. Muhammed inspires young leaders globally, and he has also won a Nobel Peace Prize. I agree that entrepreneurship is the future of business and policy making, because it gives hope to those who need help.

What Fiorella means when she says that entrepreneurship is not a charity is that in the business you have to know when your money is coming not just to wait around for a donation, which is what charity does. I do agree with Fiorella when she says “I believe social entrepreneurship is the future of business and policy making” because it helps keep the community going to a better place.

She means that you still make profit off of social entrepreneurship, as it is what is desired because charity is not sustainable. She makes this important distinction to show that social entrepreneurship is not charity and needs to have a constant influx of cash to help as much people as you can. I do agree because it is a good way to help people who are less fortunate with their situations.

Fiorella Riccobono affirms that all related with social entrepreneurship is not charity, by that you can extract that corporations or business don’t live related with donations or charity. Business must grown from experience, hard working and good ideas and not from donations. Donations can surely help, but a business concept doesn’t not relate to that.

Malala and Muhammad had a big participation with the world. While Malala made the education available for womens she wrote a book that affected the globally society. Muhammad inspired young leaders over the world. He won a Nobel Peace Prize for his social entrepreneurship, which had successful results. I agree with her when saying that the social entrepreneurship is the future of business, because the social entrepreneurship allows a business that self-survive to help the good causes without having this motivation for self gain.

What Fiorella Riccobono means when she says that social entrepreneurship is not a charity is that it does not involve raising money for a cause. Charities also do not have enough money to sustain them for a long period of time without donations. Social entrepreneurship aims to solve problems while still having the ability to make profit, although they do accept donations. It is a business that at the same time makes a huge impact on society.

When Fiorella says that social entrepreneurship is not charity she means that social entrepreneurship is its own thing. She recognizes it as being something that can help many people, in many different places, for many different causes. As opposed to charity which is something that helps one cause, or raises money for something in specific. She makes this important distinction because she also realizes that the topic could be confusing for some who do not necessarily know the exact difference between the two.

When Fiorella Riccobono stresses that social entrepreneurship is not charity, she means that social entrepreneurship is not focused on raising or donating money. Social entrepreneurship is a business that benefits when money is used. Of course you are going to need to raise money from somewhere, but the purpose of social entrepreneurship is to run a business not to collect money. Clearly, Fiorella makes this important distinction because she wants to show the readers that social entrepreneurship and charity are two separate things.

Fiorella Riccobono stresses that social entrepreneurship is not charity. When Fiorella said this, she meant that a social entrepreneurship does not just base solely on donations. Of course, donations can help, but a social entrepreneurship thrives from people working hard to help others. In addition, a charity, unlike a social entrepreneurship, is not sustainable She shows that it is more about creating a work place than a place just collecting money.

When Fiorella Riccobono says it is not charity she means that these companies are not run on donations and not ran by volunteers in their free time. She is saying these companies are real businesses that have to compete in the real world. They too have the goal of making money however, they also make businesses that help a society as well as protect the environment. She mentions this because often times they have no idea where there next check is coming from and when. This is a important distinction because these are people who are interfering with their career or salary to make the world a better place and not doing it on extra time.

Riccobono emphasizes that social entrepreneurship isn’t charity. The difference between a charity and social entrepreneurship is that in a charity, funds received are dependent on the contributions of donors. Profit generated from social entrepreneurship are directly correlated with the economic aspects that entrepreneurs find themselves confronted by, such as competition as well as supply and demand. Because of this, the defining aspect at the core of social entrepreneurship is that success is defined by the financial decisions that entrepreneurs choose to make within the current state of the market in which the entrepreneur operates. Au contraire, running a charity would rely on sporadic donations that prove to be a less reliable source of money than the profits and economic stimulus caused by small businesses and lower-class workers.

Fiorella Riccobono stresses that social entrepreneurship is not charity because even though some social entrepreneurs do rely on some charity to start their business, social entrepreneurship aims to solve problems and create a sustainable business that doesn’t rely on others to make profit.

1.I believe that Fiorella Riccobono had the need to express that social entrepreneurship is not charity, rather that relies on donations because she felt the need for the individuals that read the article to understand that this project is so innovative and new that the majority of the people don’t really know about it. Charity is defined as an organization that wants to help and raise money for those in need. Instead, what Fiorella Riccobono is doing relies on donations because although she is helping the needed and businesses, she needs resources and wants to improve the ideas she has for individuals to take on their business as soon as she sets them up for success with her unique innovated plan. This makes an important distinction because it may not always be for free that Riccobono may be doing her job, rather to create a change with an imaginative job that helps improve the world.

3. When Fiorella says, “ I believe social entrepreneurship is the future of business and policy making.” I somewhat agree with what she said. Due to the fact, that her job might be one of the ones that may help a large amount of people as it has economic and balanced strategies to make a business start or grow exponentially. However, I don’t coincide with it being the essential future of business rather social entrepreneurship taking on a branch. As it will only help an specific business that are in certain conditions. In addition, it may be a good and productive job, but not the overall future.

Fiorella Riccobono stresses that social entrepreneurship isn’t charity to emphasize that it isn’t an organization that runs on donations. Social entrepreneurs create real businesses that make a profit. Although their objective is to improve issues in society and assist people, their goal at the end of the day is also to earn a profit. I think Fiorella makes that important distinction to show that although social entrepreneurs are there to help people in need, they also create thriving business. It shows that there’s a lot more to social entrepreneurship than most people are aware about and how it’s different from any other non-profit organization.

Malala was shot by a takin when she was 14 years old, since then she fought for the rights of young women to study and gender equality. She became the youngest nominee for the Nobel Peace Prize and won it in 2013. Muhammad Yunnus created the Grammen Bank, it researched to study how to design a credit delivery system to provide banking services to the rural poor, he won the Nobel Peace Prize in 2006. Another social-justice champion is Martin Luther King Jr, he is best know for his role in the advancement of civil rights using nonviolent civil disobedience based on his Christian beliefs. On October 24, 1964, King received the Nobel Peace Prize for combating racial inequality through nonviolence.

Malala Yousafzai is a Pakistani women’s right and children’s activist, who is also the youngest-ever Nobel Prize laureate. Muhammad Yunus is a Bangladeshi social entrepreneur ans economist, who was awarded the Nobel Peace Prize for founding the Grameen Bank, in which he developed a micro loans and credit system that helped poor Bangladeshis ‘borrow’ small amount of money. Paulette Meyers mission inspired me because she founded and chaired the Women’s Initiative for Self Employment in San Francisco, for 15 years, which helped to train and finance low-income women to start their own businesses.

Fiorella Riccobono is saying that social entrepreneurship is not a charity because they are very different. For instance, charity needs people to donate money to succeed while social entrepreneurship does not rely on donations even though they do accept money to help their concept. Instead, they use innovative business tactics to create solutions to social issues.

Fiorella says “I believe social entrepreneurship is the future of business and policy making.” I believe this statement is very accurate to the future of the business landscape as large corporations are increasingly searching for ways to give back and help out society. Social entrepreneurship also opens up new possibility to those who enjoy philanthropic work while still utilizing their business skills. Through creating self-sustaining businesses that help out society, more individuals will be open to the idea of entering a field which help people as it eliminates the feeling of charity and volunteer work.

Fiorella Riccobono stresses that social enterpreneurship is not charity because although enterpreneurs may rely on donations they can’t really create a business model based on it. She makes this important distinction because people may think thet enterpreneurship is based on charity and donations when they really are basically innovactive business tactics to create solutions to social issues.

Fiorella Riccobono stresses that social entrepreneurship is not charity because charity is giving to those in need with nothing in return, which is similar to social entrepreneurship in the helping side but social entrepreneurs are looking for a profit and the thing that differ them from most of the entrepreneurs is that besides a profit they are looking to help, they are trying to make an impact in their community for the good. Making an impact is clearly really important to her and that’s why she distinct what social entrepreneurship to encourage people to also make an impact and show them they can make a profit out of something that will benefit the social sector.

Social entrepreneurship IS the future of business and policy making. The world is full of hunger, poverty, pollution, etc. What would be more successful than making a profit while helping to make this dirty filthy world a better place?

I agree with Fiorella Riccobono’s statement that social Entrepreneurship is the future of business and policy making. Based on the information her article is giving us, the goal of social entrepreneurship is to help fix the world’s issues or problems. To her, instead of a simple solution, social entrepreneurship can also finds ways to transform the conflict into an opportunity for economic growth.

Fiorella says, “I believe social entrepreneurship is the future of business and policy making.” Do you agree? Why or why not? I don’t think it is the future, yes it is helpful to the world and is good and helps people in need, but this can not be the future of business. If a business wants to be successful in the world they can’t be nice, they can’t just go around helping. A business needs to make a profit, needs to be able to pay all its employees, and all its assets. If a business ever hopes of progressing in this world it has to be heartless, or it will be taken advantage of. It cant have a soft spot it it will be open and it will be used. I understand why she would say this but that is in a dream world, but the business world is far from a dream. It is ruthless and has no heart, its all about the money.

Hi Sebastian. Fiorella, the writer of this essay, read your comment and wanted to respond. Here are her thoughts:

Although I do agree that a business needs to make a profit, I disagree with you on the point that the only value a company can generate is revenue. That is an outdated perception of the value modern day corporations and financial institutions are trying to generate. Social entrepreneurship does not exist to be charitable, it exists to create systemic social impact at the core of it’s day- to- day operations, while simultaneously generating profit.

The modern business structure is steering away from a profit-driven model, to a strategy that systemically addresses the triple bottom line. This is not a dream world perception, but rather the new trend and business models of all corporations are trying to adapt in order to stay competitive. But, you do not have to take my word for it, let’s use a modern-day example of investment banking. The young individuals who are entering the banking industry are increasingly making investment decisions that focus on sustainable growth. In order to learn more about impact investing, a form of social entrepreneurship, I have attached an article recently published by Morgan Stanley:

https://www.morganstanley.com/ideas/sustainable-socially-responsible-investing-millennials-drive-growth?cid=sm_smsp_LINKEDIN_MorganStanley_20170831

This generation is demanding socially minded products and companies are responding to this in order to stay competitive and relevant.

When Fiorella says that social entrepreneurship is the future of business and policy making I could not agree more. Many people in this generation are empowered to make a change in there society and around the globe. Social entrepreneurship is a great way for both a way to make a lot of money , and help the change that you want in the world. Also, social entrepreneurship is a great way to gain customers, because people that believe in your platform will want to buy your product and goods. Social entrepreneurship is a great way to not only help yourself succeed but also a great way to help other succeed and get through there struggles.

2- Muhammad Yunnus founded the Grammen Bank and pioneered the concepts of microcredit and microfinance. He gave loans to entrepreneurs too poor to qualify for traditional bank loans. by this Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development.

Malala Yousafzai is an activist for female education. She is known for human rights advocacy, especially education of women in her native Swat Valley in Khyber Pakhtunkhwa. Yousafzai opened a school in the Bekaa Valley, Lebanon, near the Syrian border, for Syrian refugees. The school offers education and training to gils aged 14 to 18 years.

A social enterprise is not a charity because is organization that applies commercial strategies to maximize improvements in human and environmental well-being. They basically combine business with social concerns; they ensure that the society can have access to opportunities to grow in the business environment and be able to sustain themselves.

Fiorella Riccobono stresses that social entrepreneurship is not charity. What Fiorella means by this is that entrepreneurship is not runned by money or even sustained by money like a charity is. Although she says that here and there money will be involved but really and truly its not based on donations at all. Her making it a important distinction lets everyone know that its a innovative business.

Fiorella states that social entrepreneurship isn’t a charity. She emphasizes that is not a business that simply runs on donations, which is similar to a charity. Social entrepreneurs create certain businesses to make profit. These businesses do not rely on others to make profit. An important distinction made is that charities are run totally on donations. Real businesses simply can not last on just donations. Social entrepreneurs have actual businesses that make money that is used for social, cultural, or environmental issues. The important distinction is that charities are run on donations while social entrepreneurs create businesses that make money.

When Fiorella says that social entrepreneurship is not charity she means that social entrepreneurship is its own thing. She recognizes it as being something that can help many people in need, in many different places, for many different causes. As opposed to charity which is something that helps one cause, or raises money for something in specific. She makes this important distinction because she also realizes that the topic could be confusing for someone who does not necessarily know the exact difference between the two.

Freshman need to join college already thinking of a way to change the world. By being innovative in the beginning, it opens your mind to greater things in the future. By joining entrepreneurship clubs, you can discover a whole new world of chances to help homeless people and poor communities. These people are in the need of a shelter and income, and if you somehow can manage to help those communities, they may even increase their business, earning well deserved money, and help other communities too.

I agree with Fiorella that, social entrepreneurship is the future of business and policy making because, to start a business people have to have technics and know how to talk face to face with other company CEO’s or to talk to banks so they know they will get a profit off you if they lend you their money. Those are the reasons why people have to be socially ready.

I agree when Fiorella says that she believes social entrepreneurship is the future of business and policy making. In a growing age where successful businesses are known for their high rates of pollution, many advocate for business techniques that are more environmentally friendly. Not only does social entrepreneurship promote profit while keeping detrimental environment effects to a minimum, but it also reaches out to the community to aid and improve the lives of those in need. Business thrives off high profit and the ideals behind social entrepreneurship (such as eco-friendly techniques and public aiding) are essential to good policy making and an excellent community of people. Thus, future business and policy making would greatly benefit from this.

Fiorella Riccobon stressed about social entrepreneurship not being a charity so much since the idea of a social entrepreneurship does not want to be labeled as a charity, because their approach to the problem can be very different. Charity solely depends on donations and uses the money the get to first have their business then give back. This distinction is very important since what social entrepreneurship wants to do is give back and make sure their purpose is directly served and is not based off on only donations.

Fiorella stresses about social entrepreneurship not being charity because it is not an organization that runs in donations, social entrepreneurs create real business that make a profit although there goal is to improve the issues in society and help people but at the end of the day there goal is to make a profit out of there business, I think that fiorella makes that important distinction, to show that social entrepreneurship is there to help people in need, and create a working business that are able to create profit at the end of the day.

I think what Fiorella meant by social entrepreneurship not being charity was that people actually have to put a lot of work in to their business and not just rely on donations. She states, ” charity is not sustainable.” Which means that entrepreneurs should not run a business if they do not know who is giving them money; especially off of donations.

Fiorella Riccobono stresses that social entrepreneurship is not charity. Social entrepreneurship is not charity because you cannot create and run a business in which you, the entrepreneur, do not know when or where the donations to your business are coming from. Social entrepreneurship is also not charity since it is a business, and the entrepreneur and his or her business earns a profit while helping others. Fiorella makes this important distinction so that people do not think that a social entrepreneur’s business is a charity to the homeless, it is a business that earns a profit while helping the community and the homeless.

Social entrepreneurship is indeed not a charity. While a charity is reliant on donations, a social entrepreneurship cannot create a stable business model without having a stable source of income. Instead, a social entrepreneurship finds an underlying problem such as pollution or poverty and then creates a business model that does not only solve the underlying problem, but also makes the business model profitable. Fiorella Riccobono stresses the distinction between a charity and a social entrepreneurship in order to highlight the fact that a charity only helps people, whether it be through financial or material means; while a social entrepreneurship continuously helps people by creating a profitable business model that not only solves a social issues, but also creates a profit. The distinction between a charity and a social entrepreneurship can be seen in the analogy where, “If you give a man a fish he will be fed for one day, if you teach that man how to fish and he’ll never be hungry.” A charity can be seen as simply giving a man a fish, while a social entrepreneurship can be seen as teaching a man how to fish.

Fiorella is right/wrong when she claims that entrepreneurship is not charity even though some business do help our community. Most of the business have a goal of making money and benefiting themselves, that’s the main goal of most entrepreneurship, they are sometimes too ambitious and don’t care about society. On the other hand some do care about our society and help our community by investing on something using their profits that will benefit not only them but everyone else in the community. She makes that important distinction because charity relies on donations and money support for those in need, she is trying encourage more people and other business that thrive in order to be more charity and help those in need.

When Fiorella Riccobono stresses that social entrepreneurship is not charity she means that you can’t create a business model based on donations, because charity is not sustainable. She says this to make it clear that it is not a charity.

Fiorella Riccobono stresses that social entrepreneurs is not charity and I agree. She means that social entrepreneurs create a business and make profits. They can’t create a business on donations. Social entrepreneurs create solutions to societal issues. She makes this important distinction because she wants people to understand that social entrepreneurs is not about donations, it’s about assisting and helping ours and your community.

I do not agree with Fiorella when she says, “I believe social entrepreneurship is the future of business and policy making.” Although social entrepreneurship will continue to grow and thrive in western businesses, saying it will be the future of all business is impossible. In places like the United States and other similar countries people generally have more money than those in third world countries, so when people start businesses they are more likely to have enough money to use sustained practices to create there products.we have also seen a shift in what consumers want. More and more consumers are looking for ways to make themselves feel like they are helping society in what they buy, so shifting to social enterprise might actually benefit your business more. Although this is true for first world countries in most other second and third world countries this business method would not work. In these countries people make a much smaller income than they would in first world countries so when consumers are looking for products to buy they will most likely pick a cheaper product that does not give back to society rather than spending more money for the same product with the difference this one will give back to society. These business also have less start up money making it harder for them to produce products in a sustainable manner. For reasons like this social enterprises will grown in first world countries or rich people but is no a viable option for people of lesser income. this is why I do not believe social enterprises will be the future business of the world but rather of the first world.

Fiorella Riccobono stresses that social entrepreneurship is not charity even though it has some analogous needs and events. For example, social entrepreneurship may need to rely on donations to launch their endeavors. However, like charity is not sustainable, it is futile to create a business model. It is crucial to express that social entrepreneurs try to solve societal issues by combining government, nonprofit, and traditional business practices.

Social Entrepreneurship is an emerging concept and, as any concept that is new, some people don’t really know what it means. Although it relies sometimes on donations, a business can’t sustain itself just by charity. Social Entrepreneurs main purpose is to help needed business to succeed and creating innovative plans in order to do that.

I believe that social entrepreneurship is the future of business and policy making due to a great deal of social entrepreneurs looking toward the future and building business models that favor our environment. These innovative minds see harsh problems like global poverty and world hunger as a new slate for growth in areas like economy or cultural growth. In the end, the positive minds of social entrepreneurs will be those of the future in business and policy making.

Fiorellla Riccobono is constantly stressing that social entrepreneurship is not similar than charity, because both overlap in many things. But what people don’t realize is that compared to charity social entrepreneurship is a business looking to make profit. Malala Yousafzai is a Pakistani activist for female education and the youngest to ever to receive a Nobel Prize, also survived a shot to the head once and is now a bounty. Muhammad Yunus is a Bangladeshi social entrepreneur who was awarded the Noble Peace Price for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. I agree seeing the benefit of social entrepreneurship just as many others.

Fiorella says, “I believe social entrepreneurship is the future of business and policy making.” Do you agree? Why or why not?

I disagree with her. I found social entrepreneurship a very respectable cause and i loved the idea, but i don’t think it is the future of business because since now there weren’t social entrepreneurship, so entrepreneurs can create their company without that help.

I agreed with what Fiorella Said about the future or entrepreneurship. I think that these newer generations are more biologically aware of what is going on with our planet and communities, specially with the current science they have more knowledge and a better understanding of the problems on this world. So judging by the way these generations are more aware and having more knowledge they would lean more towards businesses that can help the world and our communities.

“Fiorella Riccobono stresses that social entrepreneurship is not charity. What does she mean by this? Why does she make this important distinction?”

She means that its not a charity because a charity is not sustainable. She make the important distinction because a lot of people confuse it for a charity. She wants to make sure that they know the definition of social entrepreneurship is.

Fiorella is making points that social entrepreneurship can make a difference in people’s lives. Social entrepreneurship can help build of jobs and businesses. It also is helping other people that aren’t working in those businesses and improving their community around them. She wants to make a difference in this world I think that this is the key to change the future and what is soon gonna be the next generation of entrepreneurs.

When Fiorella said “I believe social entrepreneurship is the future of business and policy making.” I agree because social entrepreneurship is very important in the business world. People have to be able to communicate with people face to face. In todays millennials everyone uses phones and in the future could have a hard time communicating with people face to face. So I think that social entrepreneurship will be very important in the future.

Fiorella stresses that using social entrepreneurship isn’t just a charity and it is a way to make money. Even though it isn’t charity way of working it can contribute to the advancement of others or addressing problems injustice in the world. The social side promotes it to which the business can grow off the help of others it needs a source of revenue like any other business to thrive. Though the company’s can take in donations to work and run this helps things and what they need and to do at the same time promoting problems.

I agree with Fiorella. Social entrepreneurship is the future of business and policy making. As time goes on, more and more people are becoming aware of the state of our world and the people who live in it. Social entrepreneurship finds the source of a problem, and not only fixes it, but helps to make the world a better place in the process. I believe that this generation, as well as generations in the future, will want to help our world and people in need. More people are wanting to leave the world in a better state than we found it, and some people are already trying.

Fiorella Riccobono is saying that the Social Entrepreneurship is not a charity at all. The whole Social Entrepreneurship point is to help fix the worlds problems but making money is still a priority for the Social Entrepreneurship.This idea still finds ways to transform the issues for an economic growth. So Fiorella basically wants us to know that they’re not a charity that donates all their money.

Yes I do agree with Fiorella, social entrepreneurship is the future of business and policy making and the idea of it, is a great idea to help young entrepreneurs that are lost in the world of business, this would be a very good and helpful tool for them, and we can’t escape from that, because the technology is growing every second of our lives so i wouldn’t be a surprise if technology take over the world of business, many companies are successful and they did it without that help, but now it can be a very good addition for young kids with great ideas this can help them start and i believe they can be very successful with their projects and new businesses

Fiorella Riccobono stresses that social entrepreneurship is not charity. What does she mean by this? Why does she make this important distinction? she means its not charity because it cant create a business model, based on donations, because charity is not sustainable, because charity is mot sustainable. you cant build a business when you don’t know where your next dollar is coming from or when.

I agree with what Fiorella thinks about social entrepreneurship. The program is related to charity but is not the same thing as she had stated in the article. This program has a potential strong base for jobs in the future. The course deals with societal problems by matching them with economy issues as well as financial issues like a business. This sets it as a powerful candidate for future employments and jobs in my opinion as it has an extravagant amount of potential.

I agree and believe social entrepreneurship is the future of business and policy making because one of its main purposes is to make the environment and future businesses successful and better.

I agree with Fiorella because it’s true that in the future we need to socially communicate with different people. Some people are working and are not getting paid enough for the work that they are doing. It’s good that she and other people are making a change to this problem in the world. With the homeless Fiorella and other people are trying to make a difference helping the people that are in a finacial crisis or are in need of help

I agree with Fiorella. I find that social entrepreneurship does a good balance between profit and helping the community. They are not dependent on outside source like charities and are not focused on massive profit like the big enterprises. I believe that more of those kind of business will start to appear and be successful on the near future.

Fiorella Riccobono stresses that social entrepreneurship is not charity. What does she mean by this? Why does she make this important distinction? Fiorella means that social entrepreneurship is forced to donate and charity is your choice to donate money to charity.

Social entrepreneurs can only do so much to help people out. Being a social entrepreneur cannot be anything like a charity because you need to guide yourself and get yourself out there. Like she said, we all want to leave the world a better place than it was before yourself, so yes you can help out but if you just keep helping someone, they are constantly going to keep asking for help. Give a man a fish and he can eat that day but teach a man to fish and he can now provide for himself. She makes this important because people need to understand it, too many people guide others around and can help them for that time but not later on in life. It’s similar to the first 18 to 20 years in your life, your parents provide for you with food and a roof over your head but they cannot support you forever.

I agree with Fiorella. No person, for their entire lifetime, is going to want to be bossed around by someone. Everyone eventually wants to become their own boss and be the founder or CEO of their own company. Everyone can do it, and there are many opportunities down the road, whether you’re getting right out of college (or even high school) or you’re in your later years and have some money to work with and want to make a change in today’s society.

As Fiorella Riccobono said, Social Entrepreneurship is not a charity. It is easy to think that, however it is important to recognize the difference between the two. A Social entrepreneurship is financial and business organization that combines aspects of a running business while helping social problems in the world advance.

I agree with Fiorella because Fiorella wants to make a charity to help homeless people and I think that’s great because she understand that Homeless people needs help and I like to help people that needs help.

Fiorella says, “I believe social entrepreneurship is the future of business and policy making.” I agree with her because as people grow up they are starting to realize the real world and businesses and businesses techniques are changing

The student explained what social entrepreneurship is. She explained that it is not a charity and that it is made to last. In social entrepreneurship you have to think how to make the idea work so the idea doesn’t fall apart and you give money for specific things which will help the idea to develop.

Fiorela has stressed that social enterprise is not at all a charity, it makes money. She means that it is not a charity because then it doesn’t sustain itself well at all. It cannot create a good business model with donations, or nothing at all. She wants people to know that they are not a charity that donated all their profit away.

Fiorella Riccobono is correct because social entrepreneurs is a business. In social entrepeneurs people is more empathetic because of their helping the social sector by solving global and humanitarian issues, they ask what is the problem and then base on that they plan their business around that. They make a money while helping the society.

Social entrepreneurship is truly the future in my opinion because of business and policy making, it is a business enterprise not only with a focus in profitable gains and societal claims. Its meaning is reflected on the demand of clients for business to have grater social goals or targets.

When Riccobono thinks “social entrepreneurship is the future of business and policy making”, I support her opinion. For me, I think as young adults develop, they establish beliefs on how they can have a positive impact on the Earth. Of course, one of these ways is by social entrepreneurship. With young innovative minds, they can think of things they can create. These people need passion and commitment. They also need to develop skills that persuade other passionate and committed people to join their cause. Social entrepreneurship is about helping the world, and an increasing number of people are constantly trying to do that. As a result, global issues, like poverty, will decrease.

A social entrepreneurship is not a charity because all of the proceeds do not go to other organizations. A part of the revenue goes towards organizations but some goes towards the business to keep it running. A social enterprise is sort of a hybrid between profit business and non-profit charity. What she means to say is that the social enterprise’s goal is not to just give away money but instead to create money for its own needs while giving money to organizations that need it. She has to make this difference clear because many people know about charities and often do not want to donate, but since this is a charity/business in disguise it generates money while also providing a service and good.

Yes I agree that social entrepreneurship is the future of business and policy making. I believe that social entrepreneurship can do a lot of good in the world and benefit people both the ones being helped and the ones helping. It will open many doors for many people that need help.

1.Fiorella Riccobono stresses that social entrepreneurship is not charity because it makes profit and it is not a situation where someone receives money once, and slips back into trouble. When profit is made, the organization is clearly no longer a charity and social entrepreneurship helps people get back on track. This is an important distinction because it helps people realize that unlike a charity, this organization makes profit and helps people at the same time.

2. Malala Yousafzai has made an impact on the world by advocating for young girls to go to school, and Muhammad Yunus has made an impact on the world by providing small loans to the poorest people in the world. The most inspirational social justice hero to me, is Mahatma Gandhi because he liberated an entire country from England in peace and in friendship.

3.I do not believe social entrepreneurship is the future of business and policy making, because there are certain businesses that this won’t work with (Ex: car companies) and there are many people in the corporate world that will not support this type of organization.

Fiorella Riccobono stresses that social entrepreneurship is not charity because while both aims to aid those in need, social entrepreneurship makes a profit. Charities may give money to those in need, but unless these people are able to regain an income, they will return to their original conditions. It is impossible for charities to keep on giving money to support these people for the rest of their lives since charities relies on donations and the people working in charities also needs an income to support themselves and their own families. Social entrepreneurship tries to address the root of the problem and create a solution. As Fiorella Riccobono has mentioned, instead of giving small coffee farmers money, they bought their coffee for a fair price and sold it at their trucks. This not only helps the farmer, but also helps the people running the business to keep going and continue making contributions to the world.

I do agree that social entrepreneurship will be the future of business and policy making. Social entrepreneurship helps develop, fund, and implement solutions to many different social and environmental issues around us. With different aims and sizes of this concept, it can apply to almost any organization or job. So it can pretty much help out others who work in different industries.

1. Fiorella Riccobono is stressed that entrepreneurship is not charity because they are both different from each other, entrepreneurship helps us make the world a better place by making ideas. Charity is people helping others by giving them money to be successful in life.

2. I agree that entrepreneurship can be helpful in our future because of how helpful it can be for the country and for us living a better and healthy life style. It can also impact others and convince them too work for entrepreneurship to help our grow even bigger then it was suppose to be.

Fiorella Riccobono stress es that social entrepreneurship is not a charity, because charities are not sustainable and can not control the influx of money, in the contrary, social entrepreneurship is a business that is expected to make a profit and relies on more than just donations. Although social entrepreneurship is not a charity, it was also invented in order to help people, businesses and helping make the world a better place. Social entrepreneurship is the future to business and policy making and it is supposed to make enough money to keep the business going, with profits included, and help other businesses that may need financial help.

I think it was very wise for Fiorella Riccobono explain to us that social entrepreneurship is not charity because it makes us understand that you can do the right thing and still get revenue from your work. I think that now I understand way more about social entrepreneurship and I think is a great thing. I feel that It helps the community to improve in many ways. I’m glad she wrote this, I think she may have changed the point of view of a lot of people about entrepreneurship that thought it was like a charity.

Firoella Riccobono explains that social entrepreneurship is not charity because since its just emerging as an idea, she thinks that charity is not sustainable enough to do the job. You can’t build your business on not knowing when or how much money you are gonna receive from charity. They combine government, non-profit, and traditional business in order to create a sustainable business. These innovators create large sustainable models by addressing an issue in the world like poverty, pollution etc.

Fiorella says, “I believe social entrepreneurship is the future of business and policy making.” I agree with her statements beacuse I think that future and presents Entrepreneurs are thinking in ways to make the world a better place. This impacts lots of people by the fact that they are attracted to make the world a safer and healthier place for everyone, especially for the people in need, like the homeless. While lots of people are getting involved in business, the majority will want to start their own social Entrepreneurship campaing which gives a high income and helps the world to be a better place.

I agree with Fiorella because the next generation of Entrepreneurs are trying to find new ways to make the world a better place. This has a huge affect on people today, For example the more unfortunate people.Now a days everyone want their own business where they can do something for money. But Fiorella addressed social entrepreneurship is like a charity where you get a profit from. This is another way we are trying to develop something new to make the world a better enviroment to live in.

I forgot to add that either most or all charities don’t profit, and that this is why she talks about the topic this way.

Fiorella Riccobono stresses that social entrepreneurship is not charity because for the business to thrive and grow it must have a stable amount of money behind it. The business can use help from donations but it cannot purely be charity. If it were to rely only on donations, it would not be sustainable over a longer period of time. Social entrepreneurship is for the benefit of important causes like the homeless. Having financial support ensures they can do their job.

When Fiorella Riccobono stressed that social entrepreneurship is not charity, she meant that social entrepreneurship although helping people, helps the person who made it generate income, while charity is straight up giving people or organizations money or aide without getting profit. This is an important difference because charities rely on donations and volunteers more than anything, and you never know how much you’ll get over relying on others. In a social entrepreneurship, you are responsible and you make money.

1. Fiorella Riccobono explains that social entrepreneurship and charities are different from one another: A charity is a nonprofit action that is made to see some sort of change in the world, for the better. However, it is made quite clear that social entrepreneurship is a business. Even though it receives donations, it is a business that generates some sort of profit; but, nevertheless, a business with a goal in mind, one that is to make the world better than how we found it. It’s important to make the distinction because a social entrepreneurship is better able to maintain itself without having to purely rely on external sources and donations.

When Fiorella states that social entrepreneurship is not charity work, I attatched that to the fact that it is strictly enterprises for a social change. The business owners in the social enterprise industry understand that they are not being given money for a cause nor are they raising awareness. Social enterprises are not charities because charities are given donations by others. Social enterprises on the other hand can be funded, but can not be donated to. This is a important distinction to make so that other do not get confused and make mistakes when they are starting their own businesses. It is crucial to make this distinction for the sucess of other businesses to come.

When Fiorella says that social entrepreneurship is not charity, she means that if you want to start a business, you have to have stable money behind it to produce it. Social entrepreneurship is a business that makes profit. In charities, you only get money for volunteers, not knowing if you will make lots of profit. Fiorella expresses this because she wants people to know that in entrepreneurship, you have to work or your business and get profit, not getting money from charities.

When Fiorella state that social entrepreneurship is not a charity, she is referring to the fact that charity relies only on founds specific for one cause, which may not be sustainable for a long enough time. Mean while social entrepreneurship, focusses on founding multiple things like homeless, and is not exclusive to one major cause, but is open to a variety of major causes.

What Fiorella means when she says that social entrepreneurship is not charity is that charity is when you raise money or objects for a cause or for a specific person or place. It for people and places that are less fortunate and cant afford a lot fo things. A social entrepreneurship is when you are making a profit out of something. You also focus on many different thing, not just one cause.

i agree because a lot of people don’t know the difference of social entrepreneurship and charity the difference is that in entrepreneurship you gain money in charity you donate money which means you’re losing money.

I agree with Fiorella’s statement on how social entrepreneurship is the future of business and policy, I agree with it because it is changing the way by how people see things. For example, the article states, “People are no longer seeing global poverty as a call for charity, but as a place of economic and cultural growth.” New students will exposed to social entrepreneurship and soon enough, there will be plenty of individuals who will use innovative business tactics to create solutions.

Yes, I agree with what Fiorella states. It is the future of business and policy making because you need to “promote your mission” and find funding for it, all while getting other people involved in whatever you may be promoting. These are essential paarts of growing your business.

I do agree that social entrepreneurship is the future of business and policy making. Many people in the world have the desire to make it a better place for everyone; however, they don’t know how or where to start. With social entrepreneurship, the goal is help and contribute while still making a profit. By doing this, both sides have the ability to grow and prosper. The best part is that you are making the world a better place.

I agree that social entrepreneurship is the future of business and policy making because companies would have a steady flow of income to them instead of a charity which will have money coming in for one specific cause. Social entrepreneurship will be successful considering how many young minds we have for the future, bringing it to a new level and presenting fresh new ideas into the social entrepreneurship world, changing it completely, allowing success. This is the successful future we have.

I believe that it is stressed that social entrepreneurship is not charity because the organization does not only depend on donations to succeed, they have had a stable amount of money behind them in order to strive as the organization they are. Unlike charities, social entrepreneurship make a profit. This is important and stressed because social entrepreneurship’s need to work for their money and sell instead of relaying on donations and charity events to become a better organization. Social entrepreneurship’s are businesses; they do not depend on donations and they also make a profit. The business also can not be continued if they are not making money on their own.

When Fiorella states that social entrepreneurship is not charity, she means that when you volunteer for charity, you only give. There is no economic balance if you always give, and don’t get anything back. We need to do charity when there is crisis. If not, the economic balance would go down. What Firorella states, makes a lot sense because social entrepreneurship has a economic balance circle that goes around and you make profit in one way or another, but charity does not have a profit if you only give.

When Fiorella states that social entrepreneurship is not a charity, she means that social entrepreneurship is a force used to help people. She states that charity is not a sustainable money flow for a business. Social entrepreneurship, however, is something that people use to (not exclusive to) helping the homeless, sustaining the planet’s resources, and finding ways to make profits for a business. She makes this important distinction because she wants to differentiate between between charity and the work that her and social entrepreneurs do. Charity is an unsustainable source of business, and that is not the goal for social entrepreneurs; social entrepreneurs work to aid people in growing a sustainable economic system.

When Fiorella Ribccobono says that a social enterprise is not charity, she believes that an entrepreneurship that seeks to gain a profit, fails to create a sustainable charity. Therefore, a social enterprise uses specific causes to aid in its operations. For example, rather than giving coffee farmers a percentage of the profits, the coffee food truck buys its coffee beans from farmers who use sustainable methods of farming. This allows the farmers to get a profit and be able to live off their work rather than relying on charity. This distinction helps Fiorella argue the benefits of being a social enterprise for the business and the cause, rather than the charity that does not allow the cause, in this case the farmer, to grow at all. Charity promotes a stagnant, one-way economy that has no advances of any kind. Although charity is important in a crisis or catastrophe, a social enterprise is beneficial in aiding the economic growth of two bodies of work.

when Fiorella says that social entrepreneurship is not charity, she means that if you want to start a business, you have to make stable money behind it to produce it. Social entrepreneurship is a business that makes profit. In charities, you only get money for volunteers, not knowing if you will make lots of profit. Fiorella expresses this because she wants people to know that in entrepreneurship, you have to work or your business and get profit, not getting money from charities.

In the article, the author, Fiorella Riccobon, stresses that social entrepreneurship is not a charity. She uses two important distinctions to explain this. The first is that it’s a more stable business format. Charities rely on donations for their income and funds. Social entrepreneurship sells goods and uses the profit to help others. The second is the way they help. Social entrepreneurship teaches people to support themselves by getting fair wages like the Haitian coffee farmers. Charities give money or food which only helps people when they are there.

It is important, social entrepreneurship is more than just a charity. Even if the businesses your talking about or involved in a nonprofit business, it will sustain its self better than a charity. All charities come to a soon end. you must have a bullishness plan when it comes to whatever your collecting profit for. Charity does not have a foundation like a businesses does. An innovative business will help you make a better profit.

Fiorella is stating the social entrepreneurship is not like charity. Shes saying the for charity it doesn’t last for a long time, entrepreneurship is not on one major thing. Malala has won the Nobel prize inspiring woman and helping the communit

Giancarlo amazing statement

I believe that when Fiorella mentions social entrepreneurship isn’t charity that she is referring to the fact that charity is something that is done for the sake of a devastating event or in other words a single reason but on the opposing side of things , she is saying that social entrepreneurship is for a diversity of necessities including for example as one of the subtitles in the article says “helping the homeless.”

The details given by Fiorella in the article on what a social entrepreneurship does and its functions is truly brilliant. The new level that these social entrepreneurship are achieving is remarkable as they create a business that benefits small businesses, helping in the community, and produce a profit. It’s a truly beneficial business for all aspects included.

As far as the article goes, Fiorella did a really good job distinguishing between charity and social entrepreneurship. Before reading this article, they were both the same thing in my mind. She makes this distinction for exactly this reason, so people are more educated about social entrepreneurship and her business. The way I see it, social entrepreneurship is an equilibrium between charity and the economy. Charity isn’t a sustainable lifestyle, but a social enterprise is. In my opinion, a social enterprise uses the efficiency of the United States economy to benefit the person in charge of the business and others.

When Fiorella said that social entrepreneurship is not a charity, she is stating that charity relies on other founds for only one cause. When you start a business, you need some money to put behind it to support the business. Charity relies on other people to give money. With a business, there is an economic flow of money. Even though donations are involved in a business, its gains some sort of profit. You cannot build your business not knowing where or when your money is coming from. Charity doesn’t generate profit, this is why she said it that way.

I agree with Fiorella, that social entrepreneurship is not charity. What she means by that is charity is when you give to a cause if there is something horrible occurs, such as hurricane Harvey, you would give money to charity to give the people of Houston. But in this case, social entrepreneurship is when you teach someone how to do stuff like make their own food by people teaching them how to farm or raise cattle so they won’t need to be so dependent for others to give them money.

Fiorella stresses that social entrepreneurship is not charity. Even though social entrepreneurs and charity both rely on donations and are similar, social entrepreneurs can’t create a business of it because charity is not sustainable. She wants readers to understand the difference between social entrepreneurship and social services because most people think they are similar.

When Fiorella Riccobono says that social entrepreneurship is not a charity she means that charity is just giving away without gaining any profit out of it. A social entrepreneurship is different because social entrepreneurship makes a profit; it helps a community in some ways but it also benefits the entrepreneur in other ways. There’s a saying that Ms. Zocco said “Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime.” This saying explains much about what social entrepreneurship. An example of a social entrepreneurship is, you put a business in a poor town, you teach all the poor people in that town how to do the job and hire them. You pay them a wage that is going to allow them to live comfortably and they are good. An example of a charity is going to a poor town and just give them money. That will only help them for some time. She makes this important distinction because social entrepreneurship is much better than charities. It helps the people, it makes them work, and it helps the entrepreneur make a profit. Charity helps society but it doesn’t improve society as much as social entrepreneurship. This is important to know because the more people make social entrepreneurship, the less poverty will be in the world.

When Fiorella states that social entrepreneurship is not charity, she is referring to the fact that charity relies only on founds and specific for one cause.

It’s not the same because , although social entrepreneurs may need donations to launch their endeavors, they are not going to be able to create a business based on donations. Charity is not continuous. Just imagine building a business when you don’t know where your next dollar is coming from or when, you can’t. This is actually important because social entrepreneurs are individuals who draw on innovative business strategies to create solutions to societal issues. So, this is what I think.

Fiorella stresses that social entrepreneurship isn’t a charity because it isn’t. In order to start a business and have it flourish you need more than just donations to do that. Even though the two have their similarities (meaning they both rely on donations), they are different. You can’t just base your business on a “maybe”, because there’s no 100% that there will be more donations. That’s worry-some for your clients and yourself. Entrepreneurs may use the donations to start off but later own they’re going to have to make better decisions so they gain money instead of receiving it form anonymous or known doners.

When Fiorella Riccobono stresses that social entrepreneurship is not a charity, she’s referring to the fact that a charity is when people give without getting anything out of it. Rather, she wants people to understand that in social entrepreneurship, the entrepreneurs are helping with societal issues but they are building a business not a charity.

When Fiorella said that social entrepreneurship is not charity, charity rely on donations for only one cause but charity isn’t sustainable. All charities will help for some time and come to a soon end. But social entrepreneurship is an equilibrium between charity and economy because makes people work and help the entrepreneur make profit and improve de community. Malala Yousafzi and Muhammad Yunus are positive and influential contributions to de society. Malala advocates for women education and Muhammad created the concept of microfinancing. I agree when Fiorella says, “I believe social entreneurship is the future of business and policy making.” Because the more people who make social entreneurship with innovative business tactics the more solutions to social issues.

When Fiorella Riccobono stresses that social entrepreneurship is not donated, she means that social entrepreneurship is not focused on raising money. Social entrepreneurship is a business that benefits when money is used. Of course you are going to need to donated money from somewhere, but the purpose of social entrepreneurship is to run a business not to collect money. Clearly, Fiorella makes this important distinction because she wants to show the readers that social entrepreneurship and donating are two separate things.

Florella says “I believe social entrepreneurship is the future of business and policy making”, which I have to totally disagree on. I’m surprised that no one has talked about Corporate Social Responsibility (CSR), which is mandatory in many countries, as a % of the net profits made by the firm. Why are firms doing this? Well, if they make a difference (e.g. build a school for a rural place in a country), they gain good publicity. As consumers are getting richer now, they may choose to buy a good or service from a firm with good reputation. By enacting CSR, firms have a better brand image as they are seen to be kind, caring, and giving back to the community. Is this the truth? No. Firms are doing this for more profits and revenue. They can gain more demand and consumer loyalty by CSR.

Now back to social entrepreneurship. This is different from CSR as CSR can be donating money to a major firm. Right now, businesses focus on whether their acts are moral and ethical, as they may be creating lots of external costs e.g. pollution which decreases health of the labour force. Most businesses are for profit – only non-profits will focus on social entrepreneurship. Trust me, it isn’t highly profitable.

I have a social enterprise myself, from the club I created. I’ll talk about the club and distinguish between social entrepreneurship and donating / charities. They are different, but are similar in some respects. Both need money to operate. How do charities get money? They ask people to donate, which is usually tax deductible if they are a 501c3. How do social entrepreneurs get money? They have to get it themselves, which is a very proactive process. Most people get investors. However, I’m only 15, so I gain money by starting a business and profiting. I use those profits to operate my social enterprise.

Florella continues with “Social entrepreneurs do not have an idea and then apply it. Instead, they go directly to the source of the issue and ask what is needed. Based on that answer, they build their business plans. Social entrepreneurs are often empathetic, bold, open-minded and tenacious”. I totally agree on this, but as I am a student, I’m working with a 501c3, and together we are developing a model on how to alleviate poverty and hunger in a part of rural China. We’re working on small ‘life packages’, containing different proportions of food, sanitation, clothing, etc. and we’re finalising the model. Our solution is very meaningful and may bring a whole village out of the absolute poverty line. However, similar to a charity, we need funds to operate and purchase the food packages. I am the social entrepreneur, while the 501c3 is the charity. The charity of course has more funds as they are tax deductible, and a trusted organisation. On the other hand, I have less funds because I’m gathering it myself, but together we make a good group to help fight against the 1st and 2nd UN SDGs!

Finally, I’d like to comment on Malala, a true inspiration. There is a club at my school based off Malala’s vision, providing more education for girls. Although we live in a rich district in the metropolis Shanghai, there are rural places in China (places which need food packages) where girls don’t go to school. Malala’s story has made the whole world realise how inequality still exists, and keeps reminding us to fight against it. I’m so happy that service learning has just been approved at our school as a mandatory academic subject :).

Also, commenting a little more on Malala – her life has a “conveyor belt” image, as she was brought up in an elitist family who trained her to be the voice for many women. Her success would not have been possible without her father. Of course, she was very determined herself as she was stronger than before after being shot and fortunately surviving. Malala wasn’t a social entrepreneur, but more like a political ambassador / representative. Her Noble Peace Prize win raised more awareness of the issue of inequality, to empower women for education.

In the mere chance anyone stumbles by my post nearly 1.5 years ago, I’d like to make a correction after learning much more about impact investing and creating a business with impact. My previous viewpoints still remain the same (well, CSR is mutually beneficial for both the firm’s publicity and those who are supported by the received money/projects – it’s a win win!). However, social enterprises can be for profit. There are many impact investing firms, mostly venture capitals that invest in businesses that will both generate profits and a positive societal impact. Hence, social enterprises can definitely be profitable.

Also, update to the social enterprise I founded. Co-organised event with Rise Against Hunger where 220000 meals were packaged and distributed in Oct 2018!

Great. This article is excellent. I have read many articles with this topic, but I have not liked. I think I have the same opinion with you. ATTITUDE QUOTES

As stressed by Fiorella Riccobono, Social entrepreneurship is different than charity. I feel the same here as charity is merely done for compassion towards humankind and measured by the donations acquired, social entrepreneurship is done for social change and welfare.

When Fiorella says, “I believe social entrepreneurship is the future of business and policy-making”, I completely agree. The concept of innovative thinking is lacking in this world and by social entrepreneurship, such skills are highlighted.

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Top 10 Inspiring Indian Entrepreneurs Success Stories: That Will Inspire You!

• December 12, 2023

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Aspiring entrepreneurs in India are always looking for role models and success stories to motivate and guide them. We can count tons of success stories from various websites to join their tribe or affiliate link. But most of the stories don’t mean value to us. We’re looking for real-life success stories that we can learn from to make our own business successful.

As a result, we’ve decided to publish an article for real-life heroes who have carved out their paths with unique business models become role models for other aspiring entrepreneurs, and have their own success stories.

With their incredible adventures, these entrepreneurs have not only achieved enormous success but have also inspired others. Check out this digital marketing course for crafting a digital transformation with a successful blueprint if you’re interested in starting your own business model. 

Read on to learn about their successes and what you can learn from them, and create your own success stories as an entrepreneur.

Top 10 Inspiring Entrepreneur’s Success Stories from India 2024

There’s no shortage of inspiring entrepreneurship stories from India. Despite the immense challenges of starting and running a business in the country, Indians have found ways to persevere and innovate, creating new products and services that have helped lift millions out of poverty. In this blog post, we’ll explore some of the most inspiring success stories from Indian entrepreneurs, highlighting the key lessons that you can learn from their experiences.

India is home to some of the most successful entrepreneurs in the world. Despite having to endure numerous challenges, these business owners have found success by persisting and innovating. From e-commerce to technology, these entrepreneurs have made their mark in a variety of industries. Here are ten inspiring Indian entrepreneur’s success stories that will undoubtedly motivate you to achieve your goals and become a successful entrepreneur like other inspiring entrepreneurs in India.

Now, let’s get to know about the top 10 best inspiring success stories from Indian entrepreneurs;

Here is the list of the top 10 Indian entrepreneurs you must know about. After reading this article, you will definitely get inspired by our Youngest Entrepreneurs in India. Now, let’s dive into it. 🏄‍♂️

1. Sachin Bansal & Binny Bansal – Flipkart

Sachin Bansal & Binny Bansal are the #1 Youngest Successful Entrepreneurs in India out of other Indian Entrepreneurs .

In a garage, Sachin and Binny Bansal founded Flipkart, a modest eCommerce company, and the rest, as they say, is history. One of India’s most successful business people sold Flipkart to Walmart for $16 billion in 2018. 

▶️ Quote By Flipkart Founder – 1

“ ‘No’ is a very difficult word, and more so in our culture, where people quickly tend to take offence. But a ‘no’ which makes your business and customer say ‘yes’ is worth the while.” — Sachin Bansal

Along with Binny, the IIT graduate used to transport books on his own and pioneered the wave of eCommerce marketing. Sachin was in charge of the company’s SEO, design, marketing, and content. Binny handled the delivery and backend operations well. 

What began as an INR 4,00,000 business gained immediate acclaim and, finally, an incredible bid from Walmart. Bansal created everything from the ground up, starting with the initial iteration of the website. Through his present firm, Navi Technology, he has been investing actively. Flipkart is undoubtedly one of India’s most successful startup success stories.

“Flipkart” – Sachin and Binny Bansal’s path – would be familiar to everyone. Both of them, who graduated from IIT-D and previously worked for Amazon, presented a similar concept to the Indian market. 

▶️ Quote By Flipkart Founder – 2

“For an entrepreneur work is not seen as ‘work’, it is passion, you like it you want to do it.” — Binny Bansal

Flipkart began selling online books only in 2007 and has since expanded to sell practically everything, ranging from home items to personal care products, educational materials, and workplace stationery. According to an article on Yourstory.com, mobile accounts for more than half of Flipkart’s income, and mobile has been at the heart of Sachin’s strategy since the beginning. 

Sachin admitted in an interview that creating Flipkart was the dumbest thing he has ever done and that everyone around him thought he was mad, according to a Quora.com post. However, it has recently purchased Myntra for around INR 2000 crore. Flipkart has now been promoted to the top five-billion-dollar start-up club, according to a report by the Wall Street Journal, and it has a valuation of $11 billion. 

Learn more about Flipkart’s Digital Marketing Strategies – A Complete Case Study!

❇️ Social Media Accounts of Sachin Bansal

Twitter – NA Facebook – NA Instagram – @sachin_bansall LinkedIn – NA

❇️ Social Media Accounts of Binny Bansal

Twitter – @binnybansal Facebook – NA Instagram – NA LinkedIn – @binnybansal

2. Bhavish Aggarwal – Ola Cabs

Bhavish Aggarwal is the #2 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.

After two years as a Microsoft research team member, Bhavish Aggarwal followed in his iconic footsteps. He started Ola Cabs, a multibillion-dollar company. With his zeal and colourful vision, Bhavish, an IIT Bombay alumnus, set the way for his success. 

▶️ Quote By Ola Founder

“All of us have an entrepreneur in us. Entrepreneurs are not driven by fear; they are driven by the idea to create impact.”

In 2015, Bhavish was the youngest person on Forbes’ list of India’s wealthiest individuals, with co-founder Ankit Bhati. After confronting insufficient and expensive cab services, he created his own cab firm. Ola makes it simple to hire a taxi anywhere in the country. Its popularity grows in minor and major cities, broadening Bhavish’s reach. 

He has since established himself as a successful entrepreneur. Ola Cabs is India’s most successful cab firm, with over a million customers.

❇️ Social Media Accounts of Ritesh Aggarwal

Twitter – @bhash Facebook – @bhavish.aggarwal.7 Instagram – @bhavishaggarwal LinkedIn – @bhavishaggarwal

3. Ritesh Aggarwal – Oyo Rooms

Ritesh Aggarwal is the #3 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.

Ritesh Aggarwal was never scared to explore new things or take risks. And the success of Oyo Rooms, which he founded in 2013, has rewarded out handsomely. He became the world’s second-youngest billionaire in the year of the outbreak. 

Ritesh did not attend college in the traditional sense. He dropped out of the Indian School of Business and Finance before completing his education. Isn’t it frightening? Ritesh’s lack of a college degree has no impact on his success. The Thiel scholarship was given to Oyo, and he hasn’t worried about the past, and he moved forward. 

▶️ Quote By OYO Rooms Founder

“Hire people not for today but for 2-3 years from now, and let them grow with the company.” — Ritesh Aggarwal

His primary concern was always to provide low-cost accommodation. Oyo continues to offer regardless of location. Oyo has increased in recent years and is estimated to be worth more than $1.1 billion by 2020. Ritesh is only 27 years old, yet he has come a long way.

With over 500 hotels and 50000 rooms, “OYO Rooms” is India’s largest budget hotel brand. It was founded in 2012 by Ritesh Agarwal to provide basic, trustworthy accommodations, and it has since changed the face of the Indian hospitality industry. According to an article on Yourstory.com, the company now partners with 4,200 hotels in over 170 locations, booking up to a million room nights every month. 

OYO Rooms has been a massive success because it is dedicated to addressing the issue of budget hotel cleanliness, availability, and affordability across the country. OYO works with several hotels to obtain rooms that may be rented out to those who wish to use its services. 

According to a Yosuccess.com post, OYO Accommodations provides tourists with efficient and standardised rooms at low costs, with a current evaluation of approximately 370Cr. 

Twitter – @riteshagar Facebook – @riteshagarwall Instagram – @riteshagar LinkedIn – @riteshagar

4. Nandan Reddy, Rahul Jaimini & Sriharsha Majety – Swiggy

Nandan Reddy, Rahul Jaimini & Sriharsha Majety are the #4 Youngest Successful Entrepreneurs in India out of other Indian Entrepreneurs .

Apart from Zomato, Swiggy has quickly established itself as one of the most popular meal delivery services. On the other hand, food delivery did not have a solid footing when it initially entered the market. 

In truth, Reddy and Majesty had intended it to be a Bundle courier service. After meeting Jamini, though, they altered their minds. Swiggy was founded as a result of its strong network building. Swiggy has raised a lot of money since its inception in 2013. 

▶️ Quote By Swiggy Founder

“Growth is about learning and evolving with the different variables and moving parts” — Sriharsha Majety

Providing exceptional customer service has always been a priority for business owners. Swiggy’s efficient logistical procedures also ensure that clients receive their meals on time. 

Swiggy has conquered the difficulty of hiring employees remotely who bring food on time. The unicorn start-up is exploding with the three founders, and the business is successfully running up to date.

❇️ Social Media Accounts of Nandan Reddy

Twitter – @nandanreddy Facebook – NA Instagram – NA LinkedIn – @nandan-reddy-1830659

❇️ Social Media Accounts of Rahul Jaimini

Twitter – @rahuljaimini Facebook – NA Instagram – NA LinkedIn – @rahuljaimini

❇️ Social Media Accounts of Sriharsha Majety

Twitter – @harshamjty Facebook – NA Instagram – NA LinkedIn – @sriharsha-m-563aa217

5. Vijay Shekhar Sharma – Paytm

Vijay Shekhar Sharma is the #5 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.

Vijay Shekhar established Paytm and continues to lead it. And there’s no denying that Paytm’s trust has fuelled a meteoric surge in digital payments across the country. 

Sharma has a track record of producing brilliance, dating back to his student days at DTU when he founded Indiasite.net. He got $1 million for it. He subsequently founded One97 Communications, which later became Paytm. 

▶️ Quote By Paytm Founder

“There are two kinds of companies in the world one is who BUILD and the second who BUY”. — Vijay Shekhar Sharma

Paytm has revolutionised the face of digital payments, and it shows no signs of slowing down any time soon. As a result, Vijay Shekhar’s popularity continues to soar. 

We all know that we don’t have phones without Paytm money, which shows that Paytm has successfully reached out to people and will continue to do so in the future. 

❇️ Social Media Accounts of Vijay Shekhar Sharma

Twitter – @vijayshekhar Facebook – @vijayshekhar Instagram – @vssx LinkedIn – @vijayshekhar

6. Sorav Jain – Digital Scholar & echoVME

Sorav Jain is the #6 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.

Sorav Jain is the founder of echoVME Digital & Digital Scholar. He is also known as India’s top digital marketing influencer, trainer, author, and speaker. Sorav started his career at 17 as an SEO executive and baggage 10 years of knowledge in this digital marketing field which made him become a successful digital marketing and social media marketing expert who started his venture with a small team of 30 members in 2011 in the name of echoVme, a digital marketing agency based out of Chennai.

He has been successfully running his business for the past 11 years, which gives him the courage to take a risk by simultaneously running an agency-style based digital marketing training institute called Digital Scholar in 2019 and the echoVME Digital .

▶️ Quote By Digital Scholar & echoVME Founder

Marketing you’re presence on social media is as important as creating your presence. “The only fashion that never fades: Digital Marketing”. — Sorav Jain

Initially, Digital Scholar invited students to their place and started teaching them how agency-style digital marketing works. But the time of the pandemic turned the tables around, taking Digital Scholar to the rooftop when people began to focus on passions online. Sorav Jain became famous on Instagram as a digital marketing influencer with 306k+ followers within a short period. You can follow his business insights here @Soravjain .

Sorav was named one of the Top Social Media Marketers under 30 by Social Samosa. He was named one of the “ Top 25 Social Media Professionals of India “ by Global Youth Marketing Forum. 

Sorav also works as a corporate trainer for 2020MSL, Hanmer MSL, Times Internet, Genpact, Shriram Value, Bosch India, Preethi Appliances, Hexaware, Communicate India, and a variety of other IT, PR, digital, and advertising firms. 

Sorav runs one of Facebook’s most popular Digital Marketing groups, Digital Marketing Question and Answers on Facebook, which has more than 60,000+ members which is a vast community where you can always participate with questions and answers you have.

View this post on Instagram A post shared by Digital Scholar (@digital_scholar)

Digital transformation is what Every business owner looks for, also one who needs a feasible blueprint to understand better how to build a solid digital marketing presence.so, Suppose you are searching for a Digital marketing guru who teaches you to become a digital marketing expert within four months. In that case, you must try his online digital marketing course to upskill in the digital marketing field.

❇️ Social Media Accounts of Sorav Jain

Twitter – @soravjain Facebook – @soravjain & @SoravJainDigital Instagram – @soravjain LinkedIn – @soravjain

🗣️ Sorav Jain’s TEDx Talk

How Sorav turned his Internet addiction into a business empire, and you can do it as well!! In this talk, Sorav Jain shares his highs and lows while choosing an unorthodox career. Sorav Jain is an entrepreneur and one of India’s top digital and social media marketing experts.

He is also a skilled consultant, trainer, author, and speaker. Sorav started his career at 17 as an SEO executive and has about 10 years of Industry experience. Sorav has been listed among the top 25 social media professionals in India under the age of 30. Sorav has trained more than 100,000 professionals. This talk was given at a TEDx event using the TED conference format but independently organized by a local community.

7. Deepinder Goyal – Zomato

Deepinder Goyal is the #7 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.

Foodiebay is a name that no one recalls. Although Deepinder Goyal founded it, he is more known for Zomato, the rebranded version of Foodiebay.

Zomato began as a food-reviewing website. Food bloggers were encouraged to give candid reviews of each restaurant’s service and food quality. It also provided menu cards in high demand among Deepinder’s coworkers, prompting him to launch Zomato. Before launching Foodiebay, he graduated from IIT Delhi and worked at Bain and Company. 

▶️ Quote By Zomato Founder

“Everything is solvable. You have to put your mind to it.” “Focus on building a business that solves a real problem.” “You can’t say that If I don’t have access to capital, I can’t build a company.” — Deepinder Goyal

Deepinder’s has become one of India’s most well-known food-entrepreneur success stories in the previous decade. Other than India, the corporation has operations in Portugal, New Zealand, and Qatar. Zomato also bought Urbanspoon and launched a meal delivery business in the United States and Australia. 

When they first started Zomato, they didn’t have enough money, but as they say, hard work pays off. Zomato is a big success nowadays, as we all know. 

According to an article on Yosuccess.com, it is the largest of such media in Asia and one of the greatest globally, having a solid & single presence in over 10,000 cities across 22 countries.

Zomato has also ventured into the world of digital marketing. It enables firms to expand without incurring new expenditures. 

One of the most significant advantages of Zomato is its marketing campaign, as we all know. Once the notification gets on, you will be getting full urge messages in your mother tongue, which will significantly support the company’s growth in the future too.

This online restaurant platform was founded in 2008 to assist Indians in discovering new tastes in a variety of meals. “Zomato” is a one-stop shop for all your appetites, whether for food, drinks, or alcohol. It’s an online restaurant guide that includes home delivery, cafés, and nightlife! 

Learn more about Zomato’s Digital Marketing Strategies – A Complete Case Study on it!

Twitter – @deepigoyal Facebook – @deepigoyal Instagram – NA LinkedIn – @deepigoyal

8. Varun Alagh and Ghazal Alagh – Mama Earth

Founder of Mama Earth – Varun Alagh Co-founder of Mama Earth – Ghazal Alagh

Varun and Ghazal are the #8 Youngest Successful Entrepreneurs in India out of other Indian Entrepreneurs.

Varun and Ghazal are the trailblazers behind Mamaearth; not only that; they are real-life partners. Mamaearth is the online-first game plan that relies upon posting offers on the D2C stages like Amazon, Flipkart, etc., and their inescapable arrangements, close by the proposal of things displayed at actual standard stores.

Story Behind the StartUp

Varun and Ghazal understood that the childcare products they ran over harmed their baby’s skin and that there could have been no other safe choices since they got a child youngster to manoeuvre carefully.

Since they couldn’t find reliable things in India, the couple chose to import trustworthy childcare items made elsewhere, all else equivalent.

▶️ Quote By Mama Earth Founders

“How you drive growth is more important than anything else” — Varun Alagh “Success only comes to those who can stick through crazy times. As long as you persevere, things eventually fall in place.” — Ghazal Alagh

Later, the gathering started mentioning things from the US, yet they ended up being costly and inadequately planned. So the partners joined together and started creating their own childcare items under the brand name Mamaearth.

Mamaearth Product and Competence

Mamaearth, in a roundabout way, rivals MNCs like Himalaya and Johnson and Johnson, as well as online electronic business areas like Nykaa. Mamaearth items contend straightforwardly with a couple of deeply grounded and new organizations, selling an assortment of youngster-related things like frills, clothing, and toys.

Mamaearth Achievement and Benefit

• Mamaearth products revenue reached 110 crores in 2020.
• Mamaearth product beat revenue of RS 500 crores in 2020.
• Mamaearth outright pay expanded by 101% to INR 952.4 Cr in 2022 from INR 472.1 Cr as we compare from the past year.

Learn more about Mamaearth’s Digital Marketing Strategies – A Complete Case Study on it!

❇️ Social Media Accounts of Varun Alagh

Twitter – @VarunAlagh Facebook – @varun.alagh Instagram – @varunalagh LinkedIn – @varunalagh84

❇️ Social Media Accounts of Ghazal Alagh

Twitter – @GhazalAlagh Facebook – @ghazal.alagh Instagram – @ghazalalagh LinkedIn – @ghazal-alagh-9755a0128

9. Falguni Nayar – Nykaa

Falguni Nayar is the #9 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.

Falguni Nayar established Nykaa, one of India’s biggest magnificence and design organisations. The pioneer and President of Nykaa are prestigious as the most extravagant independent lady in India and is positioned tenth among the world’s most extravagant independent ladies.

▶️ Quote By Nykaa Founder

“Women need to allow the spotlight of their lives to be on themselves. I hope more women like me dare to dream for themeselves.” — Falguni Nayar

Falguni’s total assets may vary by around Rs 57 crore in a hurry in a year. They gained the audience with The organisation’s slogan, “Your Beauty, Our Passion,” which quickly grabbed women’s and youngsters’ eyes.

We are mindful that Nykaa reached this success through their successful campaign assets for acquiring consideration through dispersing enormous and persuading offers.

Let’s see the story of Nykaa and how they accomplished 32 billion bucks in 2022.

Story of Nykaa

Everything began in 2012 when Nykaa was established. On the journey for a promising business opportunity in India, Falguni Nayar found an irregularity in the magnificence beauty products market in India, which was not on pace with the beauty item’s extension in different nations, despite critical interest, attributable to an absence of item accessibility in numerous districts.

This incited her to help establish Nykaa with her significant other, Sanjay Nayar. Starting as a web-based association, the stage ultimately changed to an omnichannel partnership with Amazon, Flipkart, and many more.

Falguni worked in the corporate area for more than 25 years before setting out on her pioneering venture when Nayar was moving toward 50.

Even though initially they faced so many hurdles in marketing and campaign, now they have a pillar foundation of digital marketing and campaign success.

Nykaa Profit and Revenue

The benefit of the beauty care products monster Nykaa has accomplished 32 billion out of 2022, where the business details hope to arrive at twofold the CAGR in the future.

Learn more about Nykaa’s Digital Marketing Strategies – A Complete Case Study!

❇️ Social Media Accounts of Falguni Nayar

Twitter – NA Facebook – @falguni.nayar.5 Instagram – @falguninayar LinkedIn – @falguni-nayar-845065a0

10. Girish Mathrubootham and Shan Krishnasamy – Fresh Works

Founder of Fresh Works – Girish Mathrubootham Co-founder of Fresh Works – Shan Krishnasamy

Girish and Shan are the #10 Youngest Successful Entrepreneurs in India out of other Indian Entrepreneurs.

Freshworks Girish Mathrubootham and Shan Krishnasamy launched the organisation in Chennai in 2010, offering several product suites to meet client needs. Representative objectives, including deals with CRM programming, enrollment gadgets, client assistance helpdesk programming, and many more wanted top sass products, are delivered by Fresh Works.

▶️ Quote By Fresh Works Founders

“It’s not the software. It’s about the way software is supposed to be built, the way it’s supposed to be delivered, implemented and consumed.” — Girish Mathrubootham

Both coworkers had previously worked for Zoho Corp, one of India’s most excellent SaaS businesses. Zoho Corp and Freshworks are both rivals and essential players in this industry.

Freshworks sold 28.5 million regular offers on September 22, achieving an intraday high of $48.75 in the market.

So, what is the story of these two important Indian entrepreneurs who have eternally influenced Indian entrepreneurs with their backtalk sass business?

The Story Behind the Progress of FreshWorks,

Girish and Krishnamoorthy first met through Zoho. They have comparable frequency and the knowledge to start another backtalk organisation by communicating customer care by selling customer support solutions since the choice Zendesk is raising its expense where even an organisation has experienced major shock with the cost change.

He managed to move on with this fantastic idea. So, Girish and Krishnamoorthy left Zoho to start their own Sass organisation with only six people in 2010.

It took around eight years of hard labour for the organisation to increase its revenue to $100 million. Freshdesk was soon rebranded to Freshworks, the success of which followed and supported it in establishing its base camp in the United States, afterward carrying the organisation more like a greater portion of its user base.

Challenges they Faced

Freshworks and Zoho’s dispute took a severe turn in 2020 when Zoho filed a claim alleging that Freshworks used private data to build a business. The backup company Zoho has also accused Freshworks of poaching its employee’s and customers’ confidential details. The battle is still ongoing.

Freshworks Success and Profit

According to their website, the profit of this mysterious Sass company this year at 2022 is $493.0 – $497.0 million.

❇️ Social Media Accounts of Girish Mathrubootham

Twitter – @mrgirish Facebook – @rathnagirish Instagram – @girish.mathrubootham LinkedIn – @girish1

Hello, readers! So, this article showcased ten inspiring Indian entrepreneur’s success stories who have achieved success in such a short span of time. These success stories are sure to motivate and inspire you to achieve great things in your life and career.

Indian start-ups are on the rise, and there’s no stopping them now. If you are an aspiring entrepreneur or have an existing business, it is time to get inspired by these success stories and work even harder to achieve your own goals.

“Wishing you the best in creating your own inspiring success stories!” Today, I’d like to talk about something inspiring: creating your own success story. No matter what your background is or what you’re doing now, it’s always possible to achieve great things. All it takes is hard work, dedication, and a bit of luck. So, go out there and make it happen! I wish you all the best in your endeavors.

Get in touch with us, and we’ll be happy to help you set up or grow your business and also help you in becoming a successful entrepreneur, so you can have your own success stories and inspire the upcoming generations.

Thanks for reading our success stories!

1. Who is India’s No. 1 Entrepreneur?

According to Forbes magazine, Sachin Bansal and Binny Bansal are among India’s most successful young entrepreneurs.

2. Why do Indians Succeed in Business?

Indians usually find the possibility, opportunity, and risk factors in any sector and start developing their own business journey. If you need any impressions check out the list of successful entrepreneurs’ stories on this blog.

3. Who is India’s Most Successful Entrepreneur?

The most affluent businessman in the twenty-first century is Mukesh Ambani. However, more aspiring business owners are on the list, competing against one another in this cutthroat industry. For inspiration, read this story on the most successful Indian entrepreneur.

4. Who is the Youngest Millionaire in India?

The founder of Zepto, Kaivalya Vohra, is regarded as the youngest Indian to appear on the Hurun Rich List and has a net worth of more than Rs 1,000 billion.

5. Who is the Most Valuable Startup in India?

echoVME, founded by Sorav Jain, has shaken up the Indian start-up scene with its unique approach to digital marketing. The company’s focus on digital marketing is driven by data which provides valuable digital marketing services to its clients across the globe. This has resulted in echoVME fast becoming one of the most valuable startups in India.

Written By Digital Scholar

Digital Scholar is a premier agency-styled digital marketing institute in India. Which offers an online digital marketing course and a free digital marketing course worldwide to elevate their digital skills and become industry experts. Digital Scholar is headed by Sorav Jain and co-founder Rishi Jain, who are pioneers in the field of digital marketing. Digital Scholar’s blogs touch upon numerous aspects of digital marketing and help you get intensive ideas of different domains of digital marketing.

Comments on “ Top 10 Inspiring Indian Entrepreneurs Success Stories: That Will Inspire You! ”

Really motivated by these real stories , you all inspire us from within and help us to work even more harder and to achieve our goals.

Many thanks to all, Poornima S B

Absolutely amazing inspirational stories. Thanks a lot

Thank you Pallavi.

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Entrepreneurship and Student Startups: Inspirational Stories

Samuel Gorbold

In a digital age defined by rapid innovation, here's a staggering fact that unveils the changing face of education: over the past decade, the number of student-founded startups has surged by a remarkable 64%. These enterprising minds aren't merely confined to lecture halls and textbooks; they're crafting ingenious solutions to real-world problems and disrupting industries with the audacity of youth. The synergy between academia and entrepreneurship has birthed a new breed of visionaries, and their journeys are nothing short of inspiring sagas that deserve our attention.

Get ready to be captivated by the stories of daring student entrepreneurs who've turned simple ideas and unwavering resolve into revolutionary startups within the confines of their dorm rooms and classrooms. These narratives of conquering challenges and forging innovation in the startup for students realm serve as beacons of inspiration for both budding entrepreneurs and those fascinated by the dynamic interplay of education and business.

Entrepreneurship and Student Startups: Short Description

As you delve into the following sections prepared by our expert writing service , you'll not only become acquainted with the thriving startup phenomenon among students but also uncover inspiring stories of fellow students who dared to dream and built innovative businesses from scratch. Discover invaluable tips on how to kickstart your very own startup venture, and explore a trove of interesting entrepreneurship ideas for students that might just spark your imagination. Whether you're an aspiring entrepreneur or simply intrigued by the fusion of education and innovation, this article promises a rich exploration of the boundless possibilities within the realm of student startups.

The Student Startup Phenomenon

Gone are the days when college was merely a preparatory ground for future careers. Today, campuses have become fertile breeding grounds for innovation, where students are turning their ideas into tangible, impactful startups. According to recent statistics, over the past decade, the number of student-founded startups has surged by an astonishing 64%, a testament to the rise of successful student entrepreneurs. These audacious individuals are no longer waiting for the diploma to arrive; they're crafting their own destinies while still attending lectures.

The student startup ecosystem is as diverse as it is dynamic. From tech disruptors to social change agents, these young entrepreneurs are tapping into their passions and driving industries forward. The tech sector may be the obvious arena, but did you know that 1 in 5 student startups is now rooted in sustainable practices, social innovation, and their own company? These students aren't just chasing profits; they're chasing a purpose.

The allure of student startups isn't just about the dollars and cents. It's about the invaluable real-world education these founders are receiving. Juggling investor pitches alongside term papers, and market research alongside exams, these entrepreneurs are gaining insights that textbooks can't teach. It's a hands-on MBA, a crash course in resilience, adaptability, and resourcefulness.

Importance of Entrepreneurship in the Modern Educational Landscape

In a world where industries evolve at breakneck speed, fostering an innovative mindset is no longer a luxury; it's imperative. Entrepreneurship education flips the script on the traditional model, encouraging students to challenge the status quo, disrupt norms, and dare to dream big, thus equipping them with the tools to explore the best startup business ideas for students. This nurturing environment cultivates a space where students can brainstorm, collaborate, and prototype their visions, setting the stage for the next wave of student-led innovations that could shape industries and markets in unforeseen ways.

Learning how to succeed in a group project becomes an integral part of this process, teaching students not only how to manage their ideas but also how to work harmoniously with diverse talents and perspectives, a skill that's as valuable in the world of entrepreneurship as it is in any professional arena.

Entrepreneurship education transcends geographical borders. It empowers students to become global citizens who can navigate diverse cultures, seize international opportunities, and collaborate across continents. It's about fostering adaptability and cultural intelligence, attributes that are as essential in a global economy as they are in personal growth. Whether it's through pitching to investors, crafting business plans, or even launching their own startups, they're gaining hands-on experience that transcends the boundaries of a lecture hall.

Inspirational Student Startup Stories

Get ready to be inspired as we delve into the remarkable world of successful entrepreneur stories, where the idea of a business startup for university students takes center stage. These tales of tenacity, creativity, and unyielding passion showcase how the entrepreneurial spirit is not bound by age or experience. From dorm room brainwaves to global impact, these students are redefining what it means to be a young trailblazer in a rapidly evolving business landscape. Join our admission essay writing service on a journey through these uplifting narratives that remind us all that the power to make change begins with an idea and the courage to pursue it.

Story 1: Scentbird: Mariya Nurislamova and Rachel ten Brink

In 2014, Mariya Nurislamova and Rachel ten Brink, both students at the Harvard Business School, co-founded Scentbird while immersing themselves in entrepreneurship articles for students. The company offers a subscription service that delivers designer fragrances to customers each month. They saw an opportunity to disrupt the traditional fragrance industry, making luxury scents more accessible and affordable. Scentbird's success has led to its expansion into other beauty products and earned recognition as a promising player in the subscription e-commerce space. This story showcases how a combination of education and entrepreneurial insights can ignite innovative ventures with lasting impact.

Story 2: DoorDash: Tony Xu, Stanley Tang, Andy Fang, and Evan Moore

While students at Stanford University, Tony Xu, Stanley Tang, Andy Fang, and Evan Moore founded DoorDash in 2013, realizing that an easy startup business for college students could make a significant impact. DoorDash is a food delivery service that connects customers with local restaurants, allowing them to enjoy their favorite meals without leaving their homes. Recognizing the demand for convenient meal delivery, they started by delivering food themselves before building a platform that empowers thousands of drivers and delights millions of customers. DoorDash has since become one of the leading food delivery platforms globally. This success story illustrates how a simple yet innovative idea can transform into a thriving business that serves both customers and aspiring entrepreneurs, showing that a single idea can change the trajectory of an entire life.

Story 3: Figma: Dylan Field and Evan Wallace

Dylan Field and Evan Wallace, students at Brown University, co-founded Figma in 2012 with a mission to reinvent the way design collaboration works, applying principles similar to how to create a business plan for a startup. Figma is a cloud-based design tool that enables teams to work together on design projects in real time, eliminating the need for constant file sharing and version control. They identified the frustrations designers faced in working together remotely and created a solution that has gained widespread adoption, leading to a huge success. Figma's innovative approach to design collaboration has earned it a loyal user base and recognition as one of the leading design tools in the industry. The success of Figma underscores the power of addressing real pain points with innovative solutions while aligning with strategic planning principles crucial for startup success.

How to Create a Startup: 6 Helpful Tips

Whether you're a budding entrepreneur with a groundbreaking idea or a visionary student ready to transform concepts into reality, the art of crafting a startup demands more than just a spark of innovation. Here, the experts from our writer services unlock the treasure trove of wisdom with invaluable tips on how to create a startup that not only survives but thrives.

1. From Idea to Impact: The Power of a Solid Plan

Every epic tale begins with a plan, and your startup journey, even at a very young age, is no exception. Crafting a robust business plan is your compass, guiding you through the turbulent seas of entrepreneurship. Detail your vision, target audience, value proposition, revenue streams, and competitive landscape. Remember, a well-laid plan isn't just a roadmap; it's a blueprint that propels you toward your destination with purpose.

2. Ignite Innovation: Solve Real Problems

In the realm of startups, success isn't just about ideas; it's about ideas that address genuine pain points. Channel your creativity into solving problems that resonate with your audience. Innovation isn't about reinventing the wheel – it's about enhancing its design, making it smoother, faster, and more efficient.

3. Team Dynamics: Strength in Diversity

Building your startup team is like curating a crew for a daring expedition, even at a young age. Surround yourself with individuals whose strengths complement yours. Diverse talents, perspectives, and skills create a dynamic synergy that propels your startup forward. Remember, a well-balanced team isn't just a support system; it's the wind in your sails.

4. Adapt and Evolve: Flexibility in the Storm

Navigating the startup landscape requires more than just a clear plan; it requires adaptability, especially when it comes to your business idea. Be ready to pivot when necessary. Market dynamics can shift, customer preferences change, and challenges emerge unexpectedly. A successful startup captain embraces change and steers their ship accordingly.

5. Dare to Fail: Resilience in the Face of Setbacks

Failure is not the end; it's a plot twist in your narrative. The startup journey is riddled with challenges, and setbacks are stepping stones to success. Embrace failure, learn from it, and bounce back stronger in just a few years. The most inspiring success stories are often those that have weathered the storm.

6. Connect and Conquer: Networking and Outreach

The journey to success is never a solo expedition, especially for a young entrepreneur. Networking is your compass, guiding you toward valuable mentors, potential investors, and strategic partners. Engage in startup communities, attend events, and reach out to industry experts. Every connection is a potential ally in your entrepreneurial odyssey.

Startup Ideas for Students

This section is all about simple yet amazing concepts that students like you can turn into real businesses and create a startup. Whether it's about cool new technology or making positive changes in society, our college essay service will help you discover the exciting path to creating something incredible from scratch. Let's dive in and start dreaming big!

Tech Startup Ideas for Students

• E-Learning Platform Enhancement: Develop a platform that enhances the e-learning experience. It could offer interactive quizzes, personalized study plans, or collaborative virtual classrooms to make online education more engaging and effective.
• Virtual Event Platform: Design an online business that enables people to host and attend conferences, workshops, and networking events in a virtual environment, providing immersive experiences without the need for a physical presence.
• Eco-Friendly Solutions App: Develop an app that connects users with eco-friendly products, services, and sustainable practices. This could include shopping for eco-conscious products, finding local recycling centers, or tracking personal carbon footprints.
• Language Learning App: Build an app that offers an innovative approach to language learning. It could utilize AI for personalized lessons, conversational practice with native speakers, and cultural immersion experiences.
• Mental Health Support Platform: Create an app that provides resources and support for mental health and well-being. This could include mood tracking, meditation guides, and connections to licensed therapists for virtual sessions.

Entrepreneurship Project Ideas for Students

• Local Sustainable Market: Create a platform that connects local farmers, artisans, and businesses with consumers who value sustainable and locally sourced products. This could involve building an e-commerce website or app to facilitate online orders and deliveries.
• Community Service Platform: Discover how to create a SaaS startup that connects volunteers, NGOs, and community organizations. Users can sign up for projects, track their volunteer hours, and even earn recognition for their contributions through this innovative platform.
• Student Skill Sharing Network: Build a platform where students can offer their skills and expertise to fellow students for a fee or exchange. This could include tutoring, graphic design, programming help, language lessons, and more.
• Green Tech Solutions: Create a startup that focuses on developing and implementing green technologies. This could range from solar-powered gadgets to energy-efficient home solutions, addressing environmental challenges while promoting sustainable living.
• Remote Work Support Services: Develop a service that supports remote workers and businesses in optimizing their virtual operations. This could involve offering virtual team-building activities, remote project management tools, or resources for maintaining work-life balance.

Business Startup Ideas for Students

• Subscription Box for Niche Hobbies: Create a subscription box service that caters to specific hobbies or interests. From niche collectibles to DIY craft supplies, delivering curated boxes directly to customers' doors can tap into passionate communities.
• Virtual Event Planning: Offer virtual event planning services for organizations and individuals looking to host engaging online events, conferences, workshops, and webinars.
• Personalized Clothing Brand: Start a clothing brand that specializes in customizable apparel. Allow customers to design their own T-shirts, hoodies, or accessories, showcasing their unique style and creativity.
• Digital Marketing Consultancy: Based on business plan examples for students entrepreneurship, provide digital marketing expertise to local businesses. Help them establish an online presence, manage social media accounts, optimize websites for SEO, and develop effective online marketing strategies.
• Mobile Repair and Tech Support: Offer mobile device repair services for smartphones, tablets, and laptops. Additionally, provide tech support to help customers troubleshoot software issues and optimize device performance.

Startup Internships for High School Students

Now let's explore these exceptional entrepreneurship programs for high school students:

• Marketing and Social Media Intern: Assist startups with their marketing efforts by managing social media accounts, creating content, and developing online campaigns to increase brand awareness and engagement.
• Graphic Design Intern: Work on creating visual assets such as logos, banners, and graphics for startups' websites, social media, and marketing materials.
• Content Writing and Blogging Intern: Contribute to startups' blogs by writing articles, blog posts, and other content that showcases their expertise, products, and services.
• Data Entry and Research Intern: Help startups organize and input data, conduct market research, analyze trends, and gather information to support their business decisions.
• Customer Support Intern: Assist startups with customer inquiries, provide support through various communication channels, and help maintain positive relationships with clients.

In the realm of entrepreneurship and startup ideas for college students, we've witnessed the birth of dreams turned into reality, of perseverance that knows no bounds. These tales of successful entrepreneurs shaping industries and defying odds inspire us to embrace our own potential for greatness through our own business. As we celebrate these achievements, let them be a reminder that every idea, no matter how small, carries the power to make a profound impact. So let your creativity soar, let your passion drive you, for the world is waiting for the unique mark only you can leave. Your journey of innovation begins now.

Samuel Gorbold , a seasoned professor with over 30 years of experience, guides students across disciplines such as English, psychology, political science, and many more. Together with EssayHub, he is dedicated to enhancing student understanding and success through comprehensive academic support.

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Top 15 Inspiring Entrepreneurs of India to Look Out For in 2024

Let's delve into the profiles of some of india's top entrepreneurs, each with a unique story of determination and success.

From revolutionizing advertising strategies to championing decluttered living, the following entrepreneurs embody innovation, resilience, and a commitment to making a meaningful impact. Let's delve into the profiles of some of India's top entrepreneurs, each with a unique story of determination and success.

Basesh Gala

Basesh Gala, founder of 39 Solutions Group, stands as a distinguished business mentor, investor, and industry thought leader. Armed with a robust background in IT engineering and a Bravo World Record Holder for Highest Family Business Mentoring, Basesh steers 39 Solutions Group to empower Indian SMEs, family businesses, and entrepreneurs. His impactful mentorship, backed by practical experience in diverse industries, focuses on elevating entrepreneurs through skill-based training in marketing, finance, sales, and people management. Basesh's commitment to doubling profit and tripling productivity drives his mission to empower 10 lakh Indian entrepreneurs, positioning him as a prominent figure in business mentoring and leadership coaching.

Durvesh Yadav

Durvesh Yadav, a dynamic entrepreneur and author, stands out as a prominent figure in India's business landscape. At the age of 23, he ventured into the world of PR and digital marketing by establishing Rising Star Communication. Armed with a Bachelor's degree in Mechanical Engineering, Durvesh is not only the Chairman of this Uttar Pradesh-based agency but also the visionary Founder of Rising Star Youth Foundation. His multifaceted persona extends to being a best-selling author, inspirational speaker, and accomplished marketer. Acknowledged for his expertise and forward-thinking vision, Durvesh Yadav is undoubtedly one of the top 15 entrepreneurs to watch in 2024.

Bipin Bopanna

Bipin Bopanna stands at the helm of innovation and entrepreneurship as the CEO and founder of Affluent Marketing, a dynamic direct-response marketing agency specializing in leveraging Facebook advertisements and funnel services to help small and medium-sized businesses expand their consumer base. Bipin is also the driving force behind Affluent Coaching, a company dedicated to imparting 21st-century high-income skills. His mission is to empower individuals seeking liberation from the 9-to-5 grind, offering them a pathway to a freedom-based lifestyle through innovative coaching programs.As the visionary mind behind the Freelanpreneur movement, Bipin has earned recognition as its inventor and a mentor to thousands within the movement.

Dhiraj Merani

Dhiraj Merani, the CEO and Founder of Digital Mojo, is a visionary leader renowned for revolutionizing brand stories in the digital marketing landscape. With a stellar educational background from Johnson and Wales University, USA, and certification from IIM Kashipur, Dhiraj's expertise and innovative approach have propelled Digital Mojo to the forefront of the industry. As the founder of the Academy of Internet Marketing (AIM), Dhiraj has also nurtured and trained over 500 students, shaping the future of digital marketing. His commitment to excellence and passion for digital innovation continue to drive Digital Mojo's success, making it a leader in crafting impactful brand narratives.

Sandeep Pingale

Sandeep Pingale is a dedicated civil engineer. His extensive experience is underscored by holding an unlimited structural license and achieving remarkable feats, such as designing a towering G+81-story structure in Dubai. In the wake of the 2010 recession, Sandeep returned to India, determined to carve his path. He founded his consultancy service firm, E-Construct Design and Build Private Limited, offering comprehensive civil engineering solutions. Recognizing the disparity between conventional Civil Engineering course curricula and the practical demands of the industry, Sandeep embarked on a mission to bridge this gap.His visionary approach led to the establishment of a corporate ON-JOB Learning Centre for Civil and Structural Engineering students and professionals, providing quality training.

Shyamala Krishnamurthy

Shyamala Krishnamurthy, the co-founder of Kana Mattress, stands out as an influential entrepreneur in India, spearheading an eco-conscious venture dedicated to crafting sustainable and natural mattresses. Transitioning from academia, Shyamala brings a unique perspective to entrepreneurship, driven by a mission to provide toxin-free sleep solutions and holistic comfort products. Kana Mattress, under Shyamala's leadership, is more than a brand; it's a commitment to environmental sustainability. With an unwavering dedication to crafting eco-friendly products, Shyamala aspires to position Kana Mattress as a global brand, contributing significantly to a greener planet.

Rachna Kacker

Rachna Kacker, an influential entrepreneur from Mumbai, is bringing a breath of fresh air with her revolutionary concept - Zen Sort for "Decluttering and organizing to live a Life that Sparks Joy." As the founder of Messmerize India, Rachna is a leading KonMari Gold Consultant, trained by the renowned Japanese organizing expert Marie Kondo. Rachna combines the KonMari approach with holistic living, emphasizing the interconnectedness of mind, body, and spirit. She envisions a clutter-free society, and make this segment a Billion Dollar Industry in India through her upcoming Consultant Program for women. Her certification program also guides individuals in enhancing their IQ and EQ for success in both personal and professional life.

Vikram Bansal

Vikram Bansal, the Founder and Managing Director of Nirvay Solutions Pvt. Ltd., epitomizes a journey of determination and success. From his early days, Vikram exhibited a desire to break away from the norm and delve into the world of business. After completing his education at Giani Zail Singh College of Engineering and Technology in Bathinda, Punjab, Vikram gained valuable insights and experience working at renowned companies like Advance Ventilation and Voltas. These early career experiences instilled in him the importance of a Customer-Centric Approach and set the foundation for his entrepreneurial aspirations.Vikram's consistent dedication to learning and exploring different facets of business ultimately led to the establishment of Nirvay Solutions Pvt. Ltd. in 2011.

Rajeev Sikka

Rajeev Sikka, a seasoned real estate investment consultant, brings a wealth of experience to the industry. With a background in chemical engineering and a successful stint in the corporate world, Rajeev transitioned to the dynamic realm of real estate in Faridabad. Leveraging meticulous investment strategies, he has not only yielded profitable returns for himself but has also emerged as a trusted consultant for friends, family, and clients. Rajeev's focus on location, government approvals, builder vision, and competitive pricing sets him apart. His dedication to client success and market understanding positions him as a valuable guide in the complex landscape of real estate investment.

Cdr Sravan Kumar Khuntia

Cdr Sravan Kumar Khuntia, an ex-Indian Navy Aviation veteran, transitioned to environmental stewardship, founding Cleantech Mart under IDEALERS B2B PVT LTD. Identifying a gap in the cleantech market, he launched cleantech-mart.com —a SaaS-based AI-enabled platform for cleantech products. With a skilled team from IITs and IIMs, Cleantech Mart overcame market challenges, attracting over 1,000 customers and featuring 5,000 product listings in just 5 months after launch. Responding to B2B feedback, IDEALERS expanded to include carbon consultancy through carbinnov.com. Cdr Khuntia's commitment to sustainability is evident in Cleantech Mart's innovative solutions, setting new standards for responsible consumerism and promoting eco-conscious lifestyles.

Aashish Kumar

Aashish Kumar, the visionary founder and CEO of Business On Wheel®️, has pioneered an advertising firm that has revolutionized market expansion strategies. With offices in Pune, Aashish's agency is a dynamic force, offering a diverse range of outdoor advertising services, including Mobile Van Advertising, Autorickshaw Advertising , Wall Painting Advertising , and Tricycle Advertising. Founded on January 23rd, 2014, the agency emerged from Aashish's vision to bridge the gap in the market for reputable advertising agencies providing high-quality services. With a current revenue of Rs. 1 crore, Business On Wheel®️ has successfully executed over 500 projects for more than 100 clients.

Akash Agarwal

Akash Agarwal, the visionary founder of GetTechGo Origins Pvt Ltd, has left an indelible mark in the e-commerce industry with two distinct brands. GetTechGo specializes in electronic accessories, offering a diverse range of mobile and smartwatch accessories. On the other hand, Niwari, a brand founded with a profound purpose, deals in 92.5 sterling silver jewelry. Niwari serves as a representation and tribute to femininity, expressing art through exquisite designs inspired by various cultures and religions. Akash Agarwal's innovative approach has not only propelled GetTechGo into a leader in electronic accessories but has also established Niwari as a unique and culturally rich jewelry brand, contributing to the world of e-commerce.

Varun Goti, a visionary entrepreneur, is the driving force behind IELTSguru Consulting, dedicated to revolutionizing education and empowering aspiring students. With a profound commitment to excellence, Varun's journey focuses on guiding students through exam preparations and facilitating seamless admissions to their dream universities. Specializing in coaching for exams like IELTS, TOEFL, PTE, GRE, and SAT, Varun's innovative approach incorporates personalized coaching and harnesses technology to ensure standardized and effective teaching methods. Recognized by prestigious entities such as the British Council and IDP, Varun Goti's IELTSguru Consulting is honored with silver, gold, and platinum certificates, marking outstanding performance. Join Varun on this empowering journey through its Study Abroad education services at IELTSguru Consulting.

Geeta Chopra

Geeta Chopra stands as the visionary founder of Ray Business Solutions India, a prominent provider of automation services. Her journey in the industry spans over twelve years, marked by a deep understanding and expertise in business process automation and systemization. Geeta holds an MBA in HR and Marketing from GJU Hisar. Her career began with a focus on understanding and improving business processes, a path that eventually led her to discover her fervor for automation. This passion culminated in the creation of Ray Business Solutions India in November 2020. At Ray, Geeta excels in providing customized solutions to address business challenges with a practical approach. Her company focuses on a customer centric approach and easy to implement solutions for automating processes, reducing employee dependency, and enhancing efficiency.

Abhinavv Dubeyy

Abhinavv Dubeyy, a seasoned entrepreneur hailing from Madhya Pradesh, is a visionary leader with a strong background in Computer Science and Marketing. With over 15 years of experience, he has held key positions in renowned companies like Tech Mahindra and Fabhotels. In 2021, Abhinavv founded MBG CARD, aiming to spearhead India's digital transformation by providing cost-effective digital marketing solutions to small and medium-sized enterprises. Under his leadership, MBG CARD has assisted over 4000 businesses nationwide and received prestigious awards, including "Best Startup in Central India" and the "Face of India Award." Abhinavv's commitment to empowering businesses in the digital age continues to drive MBG CARD's success.

Conclusion: Each of the above-mentioned entrepreneurs has not only achieved success but also contributed to the growth and evolution of their respective industries. As they continue to inspire with their achievements, these entrepreneurs exemplify the dynamism and innovation inherent in the Indian entrepreneurial world.

Compiled by Rising Star Communication.

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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ESSAYS ON ENTREPRENEUR MOBILITY

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• Affiliation: Kenan-Flagler Business School
• The three essays in my dissertation explore the mobility of entrepreneurs, studying career transitions following entrepreneurship. While the existing literature on entrepreneurs typically focuses either on the entry stage of entrepreneurship or the firm-level performance implications of entrepreneurs’ human capital, I study entrepreneurs at the individual level and track career movements of entrepreneurs.The first essay examines the effects of investors’ prior entrepreneurial experience on startup investment performance. While conventional wisdom holds that investors with entrepreneurial experience will have a performance advantage in startup investments, the realization of this advantage hinges upon the assumption that the experience gained in entrepreneurial roles can be seamlessly translated into the new investment role. I question this assumption and investigate the performance implications of entrepreneurial experience. Drawing from the career imprint literature, I find support for the negative impact of prior entrepreneurial experience on startup investment performance in the context of United States venture-backed startups between 2000 and 2019. The second essay focuses on the antecedents of founder turnover following acquisitions. Building on identity theory literature, I study how the entrepreneurial identity centrality of an acquired founder drives the founder’s exit decisions. Using a novel dataset collected from Crunchbase and Twitter, I theorize and find that founders whose entrepreneurial identity is central to their overall identity are more likely to depart from the acquiring firm because the acquisition event may trigger an identity-protection process, whereas founders with low entrepreneurial identity centrality are less likely to exit by engaging in an identity-reconstructing process. The third essay explores entrepreneurs who continuously pursue entrepreneurial careers. This descriptive study examines the career paths of second-time entrepreneurs using career history data of the entrepreneurs who founded their first and second ventures between 1980 and 2020. I employ a sequence analysis and analyze the career paths of entrepreneurs from the time they exited the first venture to the time they started the second venture. The findings suggest that the gap years may be a critical time for both successful and unsuccessful entrepreneurs to acquire the knowledge and networks necessary for their future ventures.
• Entrepreneurship
• entrepeneurial career
• Business administration
• entrepreneurial identity
• serial entrepreneurship
• career mobility
• https://doi.org/10.17615/zpt3-1h77
• Dissertation
• In Copyright - Educational Use Permitted
• Rogan, Michelle
• Guler, Isin
• Bingham, Christopher
• Bermiss, Sekou
• McGrath, Patia
• Doctor of Philosophy
• University of North Carolina at Chapel Hill Graduate School

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Pharmacy Employee to Thriving Entrepreneur: The Inspiring Journey of Linah Momanyi

• Linah Momanyi rose from an employed pharmacist to a Mombasa business mogul in under five years
• This was after she ventured into the tuk-tuk business courtesy of a friend who seemed happier in self-employment
• Linah owns 70 tuk-tuks and employs 75 drivers, five mechanics, and a shop manager, with her eyes set on reaching 100

Linah Momanyi was employed in a Mombasa pharmacy for many years, earning a basic income.

That was until a chance encounter with a friend who operated a motorbike taxi changed her life's trajectory.

How did Linah start her business?

Inspired by her friend's success, Linah purchased a secondhand tuk-tuk and leased it to a rider for an impressive KSh 1,300 daily return.

Recognizing the potential for greater earnings, she diligently saved her income in a Sacco as she set herself up for bigger things.

With time, she risked all her savings into more motorbikes, prompting her to resign from her pharmacy job and dedicate herself to her new venture.

"I was struggling to keep up with employment and business, so I let work go because I was making more money from the latter," she told TUKO.co.ke .

Breakthrough came from discovering Watu Credit

Linah's initial investment has since transformed into a thriving business empire with a fleet of 70 TukTuks.

Her most significant breakthrough came when she discovered she could buy repossessed and refurbished motorbikes from Watu Credit.

"Initially, someone would buy from them affordably then sell to me expensively, but that changed when I started dealing with them directly," she asserted.

Shamya Jaffer, an official from Watu Credit, confirmed to TUKO.co.ke that the demand for secondhand motorbikes has tripled over the last few months.

The model is a win-win as the credit company can recoup some of its investments while offering new entrepreneurs cheaper assets.

"The only problem is that most of the machines we repossess come back in bad shape, so we have to rebuild them before selling," Shamya disclosed.

What's her secret to managing riders?

In November 2023, Linah expanded her fleet by acquiring 12 tuk-tuks, bringing her closer to her ambitious goal of owning 100 tuk-tuks.

Linah now employs 75 drivers, 13 of whom have been with her for over 10 years.

"I am very strict with my riders. If you do not remit the daily monies you lose your job before the deficit accumulates," she disclosed.

Additionally, she has five mechanics, one shop manager, and a general manager to ensure the smooth operation of her business.

Linah recently opened a shop dedicated to tuk-tuk repairs to support her fleet further, underscoring her commitment to maintaining high standards.

Watu Credit's responsible borrowing model

Watu Credit has often been the pioneer in offering literacy classes to ensure responsible borrowing and sustainable business practices.

The microfinance company provides comprehensive guidance to customers on repayment options and managing income efficiently, helping borrowers avoid defaults.

Before a customer signs up for a boda boda or tuk-tuk, they receive comprehensive guidance on repayment options.

They are also informed on the impact of repayment periods on the total loan amount and the importance of managing their income efficiently.

Watu Credit founder Andris Kaneps told TUKO.co.ke that the lessons passed down to clients are drawn from the company's over eight years of experience.

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Empowering Minds: the Influence of Martin Luther King Jr. on Education

This essay about Martin Luther King Jr.’s influence on education highlights his profound impact on fostering equality and empowerment through knowledge and advocacy. It explores King’s belief in the inherent dignity of every individual, his advocacy for accessible education regardless of race or creed, and his emphasis on character education and the common good. It also discusses how his legacy continues to inspire educators and activists worldwide, shaping the pursuit of educational equity and social justice.

How it works

In the annals of history, certain figures emerge as beacons of inspiration, guiding humanity toward greater enlightenment and justice. Martin Luther King Jr. stands among these luminaries, his legacy transcending the boundaries of time and space. While his indomitable spirit ignited the flames of social change, his influence on education reverberates as a testament to the transformative power of knowledge and advocacy.

Martin Luther King Jr. understood that education was not merely about imparting facts and figures but about fostering critical thinking, empathy, and social responsibility.

He believed that education held the key to dismantling the shackles of oppression and fostering a more just and equitable society. His vision extended beyond the confines of the classroom, encompassing a broader commitment to nurturing the minds and spirits of future generations.

At the heart of King’s philosophy was the belief in the inherent dignity and worth of every individual. He championed the idea that education should be accessible to all, irrespective of race, class, or creed. In his quest for equality, he fought tirelessly to desegregate schools and expand educational opportunities for marginalized communities. Through his leadership in the civil rights movement, he paved the way for landmark legislation such as the Civil Rights Act of 1964 and the Voting Rights Act of 1965, which not only dismantled legal barriers to education but also laid the foundation for a more inclusive society.

Yet, King’s influence on education transcended the realm of policy and legislation. He recognized that true empowerment comes not only from access to education but also from the cultivation of a sense of agency and self-worth. In his famous “I Have a Dream” speech, delivered at the Lincoln Memorial in 1963, he spoke of his vision of a world where individuals would be judged not by the color of their skin but by the content of their character. This message resonated deeply with educators and students alike, inspiring them to strive for excellence and to challenge the status quo.

King’s emphasis on the importance of character education reflected his belief that true greatness lies not in material wealth or power but in moral integrity and service to others. He believed that education should instill in individuals a sense of moral responsibility and a commitment to the common good. His concept of the “Beloved Community,” where all members of society live in harmony and solidarity, served as a guiding principle for educators seeking to cultivate compassionate and engaged citizens.

Moreover, King understood that education was not solely the responsibility of schools but of society as a whole. He called upon parents, community leaders, and policymakers to join hands in nurturing the minds and spirits of the youth. He recognized the importance of collaboration and collective action in addressing the systemic inequalities that plagued the educational system.

In the decades since King’s passing, his legacy has continued to inspire educators and activists around the world. His teachings on nonviolence, empathy, and social justice have found resonance in classrooms and communities across the globe. From the civil rights movement to the Black Lives Matter movement, his words and actions continue to serve as a guiding light for those seeking to build a more just and equitable society.

In conclusion, Martin Luther King Jr.’s influence on education is profound and enduring. His commitment to equality, justice, and empowerment has left an indelible mark on the educational landscape, shaping the way we think about teaching, learning, and social change. As we reflect on his legacy, let us recommit ourselves to the pursuit of educational equity and excellence, knowing that the path to a brighter future lies in the empowerment of minds and the fulfillment of dreams.

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Empowering Minds: The Influence of Martin Luther King Jr. on Education. (2024, Jun 01). Retrieved from https://papersowl.com/examples/empowering-minds-the-influence-of-martin-luther-king-jr-on-education/

"Empowering Minds: The Influence of Martin Luther King Jr. on Education." PapersOwl.com , 1 Jun 2024, https://papersowl.com/examples/empowering-minds-the-influence-of-martin-luther-king-jr-on-education/

PapersOwl.com. (2024). Empowering Minds: The Influence of Martin Luther King Jr. on Education . [Online]. Available at: https://papersowl.com/examples/empowering-minds-the-influence-of-martin-luther-king-jr-on-education/ [Accessed: 1 Jun. 2024]

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"Empowering Minds: The Influence of Martin Luther King Jr. on Education," PapersOwl.com , 01-Jun-2024. [Online]. Available: https://papersowl.com/examples/empowering-minds-the-influence-of-martin-luther-king-jr-on-education/. [Accessed: 1-Jun-2024]

PapersOwl.com. (2024). Empowering Minds: The Influence of Martin Luther King Jr. on Education . [Online]. Available at: https://papersowl.com/examples/empowering-minds-the-influence-of-martin-luther-king-jr-on-education/ [Accessed: 1-Jun-2024]

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Welcome to the United Nations

Colonel Léa Yangongo: Inspiring women to join and thrive in the military in the Central African Republic

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Colonel Ghislaine Léa Yangongo first joined the Central African Republic’s army (known as Forces Armée de la Centrafrique, or FACA) as a volunteer in 1997. After graduating from officers’ school, she rose through the traditionally male-dominated ranks to command the Air Force base in the capital, Bangui. Currently the Secretary-General of the Superior Council of the Military Condition, she has contributed to key security sector reform efforts that have helped build more effective and accountable security institutions.

An advocate for the inclusion of women at all levels, she helps implement the Women, Peace and Security National Action Plan in partnership with the UN Peacekeeping operation in the Central African Republic,  MINUSCA . In this story, Col. Yangongo reflects on the traditional patriarchal culture that permeates security institutions and encourages women to use their unique skills, perspectives and experiences to make security institutions more effective at all levels.

Overcoming challenges

“The military is, first and foremost, an environment of men. When I joined, I had to adapt to this environment. It wasn't easy, but I made it.

The first women joined the national army in 1971, that is more than 53 years ago. When I joined the army in 1999, there were unfortunately still very few women in the ranks. So, when I was admitted at the Air Force Academy it was the first time for us to have a female officer, especially one reaching leadership status straight after graduation. I'm proud that I was able to advance to the strategic level.

There have been challenges, but I don't consider them as obstacles. Our environment is made up of 95% men who are not used to working with women at certain levels. They are not used to seeing a woman express herself in front of them or commanding them! In my department and in my previous tenures, I had to lead men who had started their career before me. Gradually, I was able to gain their trust, and today, I can confidently say that I am comfortable with them.

My family, friends and colleagues all support me, and that counts. But, as a woman, I work double the amount of time as my male colleagues: when I get home from a 10-12-hour shift, I tend to my family, the meals and my home."

Inspiring others and fostering change

"My greatest achievement is to have inspired other women, motivated them, and given them the courage to pursue a career in the national army just like their male counterparts. These women used to think they didn't have the intellectual and physical abilities to evolve in their careers. It took some time, but finally, today, many are inspired, and many are fighting the good fight. 

Equality as such is not yet there. Although women have access to training and are recruited in all military disciplines, there is still a long way to go. The number of women entering the security forces is still very low, making it difficult for them to climb the ladder. They need to be employed at all levels, including in military operations and not only in social or support-type functions, which is unfortunately still the norm. But change also comes from within: we women also must develop our own skills, train ourselves, and follow high-level training to integrate decision-making spheres.

Today, after more than 25 years of professional experience and facing all related challenges, I would tell young women who are still hesitant that they have their place in the national army, in the defense and security forces. I also invite parents to encourage girls to join the national army by sending them to school instead of keeping them at home to handle domestic tasks.

Women always foster change, especially within our Forces. When I interact with my male colleagues, I feel like they all want to improve as well so my presence in the army also leads them to give the best of themselves.

If all of us embrace change towards gender equality, it will bring peace to our country!”

This story, part of the “ People for Peace ” story series was first published by United Nations Peacekeeping on 28 March 2024. 

More than two million peacekeepers have worked for peace under the UN flag, and they are not alone in their efforts: peacekeeping is powered by strong and diverse partnerships. In this series, we bring you the voices of peacekeepers and their partners across the world.

Also in this issue

Protecting Africa's wetlands is key to combating biodiversity loss

Angola: Soyo entrepreneurs switching from oil to sustainable agriculture

Africa’s Economic Sovereignty: The time is now for African-Led Solutions

The duality of the education challenge in Africa: Historical imperatives and 21st-century necessities

New revenue streams: Using Africa’s vast renewable energy and natural resources for premium carbon credits

Amplifying the message of peace through poetry

Unregulated Autonomous Weapons Systems pose risk to Africa

New 10-Year Plan offers lifeline to small islands developing states

In Southern Africa, El Niño drought leaves a trail of scorched harvests and hunger

Peacekeeper from Burkina Faso serving in Mali receives 2022 United Nations Woman Police Officer Award

Late Captain Abdelrazakh Hamit Bahar of Tchad awarded the Captain Diagne Medal for Exceptional Courage