Shoes for a Cause

 

 

 

 

 

 

Toms shoes have grown so rapidly that its founder, Blake Mycoskie has recieved multiple awards for not only his financial success but his social cause as well. His cause, which is to donate one shoe to a child in need for every shoe purchased, is an innovative feat of social entrepreneurship. Since TOMS shoes was launched in 2006, over 1,000,000 shoes have been distributed to children in need which is extremely impressive. Blake Mycoskie has proven that the main goal of entrepreneurship does not have to be all about money, but about social endeavors as well. In the business world, it is so easy to lose focus on social goals as the financial rewards or costs often outweigh the social goals. But balancing financial goals with social goals is much easier said than done, as social entrepreneurship often involves collaborations from bigger companies which might not necessarily share the same goals. As bigger companies strive for financial success, it is up to the social entrepreneur to try and balance the social and financial aspects in order to reach both goals without losing focus.