5 Characteristics you should have before starting your own social enterprise

5 Characteristics you should have before starting your own social enterprise

Our world comprises of humanitarians that want to make a change and the support for social causes continue to increase. Over 60% of the world’s population want their occupation to make an impact on the world.

With that general outlook on implementing social good, the idea of starting a Social Enterprise may seem very attractive. What better way to implement both business and social goals under an organisation that promotes social change through the use of market mechanisms.

Here are 5 characteristics you should have before starting your own social enterprise:

Will Omidyarism Conquer Philanthropy

"Omidyarism"- yet another buzz-word but one whose principles we've been practicing. We agree with David Callahan in this recent article from Inside Philanthropy (even his P.S.). It's time for all who want to make a dent in our biggest social and environmental challenges to be generous and smart about using the right tools for the right job. We are using a bigger toolbox here at SOW Asia and we welcome the opportunity to share with you what we are working on and thinking about. You don't have to be a Buffet, Gates, Zuckerberg or Omidyar- learn about how you can do more with whatever you have to share.

Link to article can be found HERE

Wellness and Society Cohort workshop 2

 Our entrepreneurs working in The Hub.  

Our entrepreneurs working in The Hub.  

Today, we had our second workshop on customer segmentation @TheHub. In this session we helped each of our entrepreneurs to better understand who are their target customers and what is their value proposition to customers.

 Rong our program manager working with our acceleratee

Rong our program manager working with our acceleratee

 Warren our Chief Stategy Officer working with Lulio's Mark and Jamie

Warren our Chief Stategy Officer working with Lulio's Mark and Jamie

What does social innovation in poverty look like for Hong Kong?

40% of poor household expenditure is on meals in Hong Kong. Yet, 3600 tonnes of surplus food is discarded in every day and the landfills will fill up in about 3-4 years! What business models can solve these two related problems? 

This is one of a series of data and analysis for market opportunities in Hong Kong. If you have or start a startup that addresses these issues, get in touch at info@sowasia.org 

Slide Deck from 27 May 2015 fast forward Programme Launch in Hong Kong