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.
Our team was excited to support and attend the 2nd Indigenous Innovation Summit at the beginning of November. Here are some insights that have stuck with us.
Differentiating between the customers and beneficiaries of your social enterprise has been something we have seen groups struggle with time and time again. So we thought that a quick blog would help us outline our thinking.
We are trying something a little different this Spring and we can’t wait for you to join us!
Enp-AB is pleased to partner with enp-Canada and Innoweave to offer three exciting events to assist you on your social enterprise journey. We hope that these three opportunities will offer organizations at different stages in the social enterprise development path an opportunity to learn more and provide them with the resources they need to continue on the social enterprise path.