AngusChak

After the social entrepreneurship lecture, I found social enterprises very interesting. Since I do not know what type of businesses I want to work for in the future, working for social enterprises could possibly be a great career. For the time being, I don’t find passion for large cooperations, and who knows? I might find that when I explore the world of social enterprises more in the future, I will find great passion for a career where the my main goal is to help those in need.

Bill Drayton is a social entrepreneur. Drayton describes what led him to his current success in Ashoka (a nonprofit organization dedicated to finding and fostering social entrepreneurs worldwide). He claims that he has always had great passion for improving teaching, technology, health care, and finance. He was named as one of America’s 25 Best Leaders in 2005. The goal of Ashoka is to teach youth that they can lead and make important changes across the globe through a Social Venture Capital approach. Ashoka currently operates in over 60 countries and supports the work of 2000 social entrepreneurs. Ashoka envisions that one day, all universities across the globe will serve as an enabling environment where individuals have access to resources and opportunities to act as changemakers of the Changemaker Campus Initiative. Ashoka also invested in creating Youth Venture, Global Academy, Full Economic Citizenship, and Social Financial Services. Ashoka began as a social enterprise with an annual budget of $50,000, but it currently has an annual revenue of $30 million! This shows how both traditional companies and social enterprises both strive to generate revenue, and have a similar organizational structure, however, their values and goals are very different.

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