The 6 Key Mindsets of Social Entrepreneurship (& Entrepreneurship & Changemaking)

 

Another list? After five years of study and interviews with the world’s leading social entrepreneurs and changemakers, we have yet to see a list that captures this crucial 6. Bonus: A Mindset Chart to Help You Get Started.

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Social entrepreneurship = social x entrepreneurship.

At its core, social entrepreneurship uses business models/ markets to solve social problems. Regardless of whether it’s an individual or an organization, regardless of their choice of incorporation- non-profit or for-profit, these elements are the driving and amplifying force.

We support social entrepreneurship.

We are a private foundation that believes in supporting social entrepreneurship through programmatic, grant making, and partnership approaches. We take a systems view to every decision we make and foster social entrepreneurship by supporting the ecosystem and providing social entrepreneurs with capacity building resources.

We are entrepreneurial.

We believe in making social entrepreneurship mainstream. We know we can’t do it alone. Which is why we don’t just fund organizations; we work with them and learn with them to move the sector forward, taking risks along the way.
Results of the 2nd Canadian Edition of Map the System 2018

Results of the 2nd Canadian Edition of Map the System 2018

NOTE: This article was originally published on the RECODE website and has been cross-posted with permission.

On May 4th, 2018, RECODE and the Trico Charitable Foundation co-hosted the second Canadian edition of Map the System in partnership with the Skoll Centre from the University of Oxford. Map the System is an ‘alternative’ challenge where post-secondary students are tasked with taking a systems approach to social change by demonstrating their understanding of a social or environmental issue.

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OUT AND ABOUT (April & May/18)

OUT AND ABOUT (April & May/18)

There are a growing number of events connected to social entrepreneurship. Many of them happen in our home city, demonstrating what an incredible hub of activity Calgary is. The Trico Foundation team is pleased to attend many of them and wish we could attend more.

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Testing & Effective Learning

Testing & Effective Learning

To zero in on the testing you need, you have to balance two perspectives. On the one hand, you want to be aware of and prepare for all key risks/thresholds as you move from where you are now to what you want your social venture to be when it is in its ‘steady state’ (i.e. your model has proven to be a success and growth is predictable and steady. A typical barometer in this regard is what your venture will look like five years after it starts). This will also help make sure you are building towards your goals rather than building a bridge to nowhere (this is a significant risk for start-ups, as discussed below). On the other hand, a lot of your current assumptions will be wrong, so you don’t want to go into too much detail too far down the road.

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Effective Learning

Effective Learning

No matter how strongly you believe them, many of your views and beliefs about your venture are best guesses. As you move forward it is important to: have an understanding of what you need to be true in order for your social enterprise to achieve the social and financial goals you have set and find out, in the cheapest, fastest, most effective way possible, whether they are true.

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