Sanjay was spot on. Q: Isn’t every business a social venture? A: A social venture is one where the dominant goal of the venture is to have social impact (e.g. jobs, enhanced incomes, health, education) with profits (to ensure sustainability) being only the means of achieving this social impact. The entrepreneurship mindset determines the approach (e.g. scale, problem-solving) and culture (e.g. speed, efficiency, low cost, innovative) of this social venture. Many thanks for sharing your thoughts.
Useful link:
www.jumpstartup.net
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