Best Entrepreneurial Behaviors

Best Entrepreneurial Behaviors

Social Entrepreneurs bring specific skills and assets to the foundations and non-profits which they run.  These 4 skills create the best chances for making a mission-related impact and assist with reaching even the highest strategic goals. 

Consistent Motivation for Social Entrepreneurs

Entrepreneurial Motivation

Having the willingness and mindset to tackle a strategic goal is the first step, but what about taking the next course of action? There are 3 factors that lead to consistent goal-directed behavior. 

The Social Entrepreneurial Mindset

The psychology of a social entrepreneur includes 5  distinct character traits-

1. The need for achievement
2. High individualism
3. Internal locus of control
4. Focus
5. Optimism

The natural social entrepreneur receives personal satisfaction overcoming adversity to meet her goals.  She often goes against the opinions and trends of the mainstream. She strongly believes she shapes her own destiny but recognizes external factors and influences exist. She easily concentrates her attention to the task at hand and strategic goals ahead. Despite any setbacks or challenges she keeps a positive outlook and hopes for the best.

People whom do not possess these qualities naturally can learn to develop them over time with the help of shadowing role models, meditating daily, personal self-reflection and visual reminders of these values.  With practice an entrepreneurial mindset can be ‘wired into’ the brain, specially training the mind to make specific goal-oriented actions become second nature.  

Social Entrepreneurial Strategic Decision Making - SESDM

Successful non-profits should think like for-profits and strategically position themselves for growth and scale. Social Entrepreneurial Strategic Decision Making (SESDM) is a 3-step process implemented to align with strategic goals of the foundation or public charity.

Innovation for Social Entrepreneurs

The types of innovation that profitable enterprises engage in can be adapted to fit the needs for public charities and private operating foundations as well.  We find 7 distinct types of innovation as related to strategic position in the non-profit world.

'Opportunity Discovery' for Sustainable Non-profits

'Opportunity Discovery'  is essential for the non-profit's sustainability, growth and scale of its mission-related impact.  For non-profits to exist a decade or even a century from now, they have to consider key criteria in the start-up phase.

Who is the Best Social Entrepreneur?

The term 'Social Entrepreneur' has come into our awareness and lexicon only recently. It sounds really great, but what does it mean really?  Who are Social Entrepreneurs and how do they differ from the 'conventional entrepreneurs'?