HOW TO RAISE CAPITAL AS A SOCIAL ENTREPRENEUR ?

Today we are going to discuss a very important issue when it comes to business. We all already know what social entrepreneur is and we know the importance of social entrepreneur and the impact of it on society however what we really do not know is that actually social entrepreneurs have a really tough and hard job behind being a social entrepreneur. Just imagine what it is like to work, make money and not to use it for your own personal purposes. This requires being a really strong person and really kind one. Social entrepreneurs put their egos aside and they just devote their work for something which is not only for themselves but for others. There are many kind of activities that the entrepreneurs can have but it is not so easy to understand where to get money from and then transfer the money for you purpose.  The difficulty especially the financial difficulty with social entrepreneurship is that you should have a team with your working on the same purpose, but not everyone is ready or can afford doing it for free. So most of the time it does not depend on you alone and this makes the things much harder. It is still hard for an ordinary entrepreneur to have an income and it takes quite a long way, but unlike social entrepreneur the ordinary entrepreneur pays the workers and they work under him , while in case of social entrepreneur things are completely different and harder because normally people do not go after the things where they cannot have income from.

Before NGOs and charity organizations were the only sources of some social development projects and were the only sponsors however the social entrepreneurs took a special place in the market nowadays.

So now let’s understand how the entrepreneurs can raise up capital for these issues in society.

• First of all one of the ways how you can raise capital for social entrepreneurship is to make it a hybrid kind of company. This means that you will have your normal ordinary way of business and you will make money on it but at the very same time you will transfer some portion of your income for social purposes. Actually this is quite a popular way on how people raise capital for entrepreneurship because it is all in one. You make money for yourself and make money for society also. In this case you can add the social purposes mission into your marketing strategy and this will take your company only higher and higher.
• Another way of raising a capital for social entrepreneurship is actually using your personal contacts. You can make it as a charity campaign aimed at solving the problems that you see in our society and if you have good contacts then you can gather people around you who will be able to donate and raise up money for it even if you personally do not have enough money. Those who donate will have a better social image and will be respected and loved more by society while you will be closer to your goal.
• Another way of raising a social capital is actually cooperating with other famous companies on your social project. You can make an investment and ask other companies also invest in your social entrepreneurship company and in this way you will be able to make quite a lot of money and finally reach your entrepreneurship goal and be satisfied with the activities that you are running.
• Another way of doing this is to just save up some money from your monthly income and eventually raise it up to the sum which can benefit your purpose. This is of course harder to do and puts all the barriers over your shoulders.

As you can see there are several ways on how you can raise up capital for your social entrepreneurship. Some people always find excuses and they say that it is hard to raise up money for this and that no one wants to do it but eventually you will see that there are many people who are ready to help you with the good plans that you have. However, for social entrepreneurship you must also work a lot,  try to make a good plan and a good marketing strategy so as to involve more and more people in your activities. This is the right way that you are going to succeed. Do not overlook the social entrepreneurship, take time for it because if you can help the society then try to help because you are also a part of it and having the opportunity of helping makes you responsible for it. So just go for it, make your way and you will see the results of your help.