“If the United Nations was fully funded why would we need the Arc or social enterprise?”
Imagine that your friend has been struggling on a math problem, would you choose to give out your answers or teaches the method to your friend? If your decision is the latter one, then you could be a social entrepreneur! The key difference between the UN and a social entrepreneur is the method they utilize in maximizing welfare. A social entrepreneur imparts his expertise and practices his skills to discover innovative solutions that increases total welfare. For instance, Muhammad Yunus uses only $27 to free 42 Bangladesh villagers form poverty and offers loans for them to draw on their expertise to profit. In such way, both parties gain and the village prospers. Whereas, the United Nations provides resources or plans that can only ease the difficulty temporarily. It is also a problem for UN to fully consider every one’s issues and benefits. Thus, it is not a sustainable strategy because resources are limited. They are not attainable in the long run. This accounts for why we need social entrepreneurs who are capable to raise individuals’ welfare under the condition of scarce resources available.
picture: http://destinationchangemakers.files.wordpress.com/2011/08/social-enterprise-cloud-words.jpg