Question

How are business entrepreneurs and social entrepreneurs different?

Answer 1

Business entrepreneurs risk their own money to try make a profit. The company does not necessarily create a product to solve a social problem.

Social entrepreneurs often have borrowed capital to solve a social problem. They don't necessarily have to make a profit. Their focus is to solve a social problem, such as pollution, poverty, or crime.

Answer 2

Both approaches fulfill a need in the market and aim to earn a sustainable profit. The main difference is that social entrepreneurship focuses beyond simply generating a profit, and measures its performance on the positive impact the business makes on society – whether social, cultural or environmental.