Sociopreneur vs Entrepreneur

[Suba]

Sociopreneur is a business that combines business goals with social goals so that it is more likely to create a positive impact on society. Socipreneur's business orientation is to achieve social goals as well as business continuity. Meanwhile, entrepreneurs are only oriented towards profit targets.
Some examples of Sociopreneur companies
- Grameen Bank in Bangladesh, which provides loans to poor women, so they can build small businesses.
- TOMS Shoes (Texas, US) for every pair of shoes sold, this company will give a free pair of shoes to children in need.

I also often see food stall traders preparing 10 portions of free food every Friday, to people in need. Do you think sociopreneurs will suffer losses?

 

[Augusta]

No they would not as they have budgeted out of the profit for those free gifts to their customers. It is a way to even hoost sales

 

[Starmix]

Sociopreneurs know what they're doing. There's no loss for they're allocating only a portion. They're considered heroes for their sacrificial love towards helpless humanity. That's one of their goals and vision of their kind of entrepreneurship.

 

[King Belieal]

I think that we all should be socially conscious even as entrepreneurs. When you consciously seek to balance societal goals with profitability, your business easily expands and becomes bigger.

 

[Kross]

When a business offers social services to the community, it attracts positive attention to itself. Most businesses have gotten good contracts because of social projects they undertook.

 

[Augusta]

It is ro create a balance you can inculcate the two into a specific business and it would work perfectly for you

 

[eLdavis]

At the moment my business is mostly based on making profit, but with time I plan to be more involved in social activities.

 

[King Belieal]

I am a socially conscious entrepreneur. I do my bit to help society in my very own small way. But I won't say that that I am a full sociopreneur.

 

[Augusta]

At the moment my business is mostly based on making profit, but with time I plan to be more involved in social activities.

That's would be a great idea so that you can get more people even involved in your business through your active activities

 

[eLdavis]

That's would be a great idea so that you can get more people even involved in your business through your active activities

Yes, I just want my business to be aot more established first before anything else.