Here's my little disclaimer: I did not do a google search to find out if this term has been coined, so if this is copyright infringement, it was purely out of ignorance! ... But If no one else has coined the term, then you heard it here first!
For those of you who don't know, CSR (Corporate Social Responsibility) is what large companies do in order to give back to the world, and it refers to the efforts that organizations make so their practices are more sustainable and ethical. But right now I'm talking about ESR -- Entrepreneurial Social Responsibility.
To give a little bit of context, I should let you know I was very inspired while on linkedIn the other day by an article written by QuHarrison Terry, which was about "Social Entrepreneurship".
Today's entrepreneurs, according to the article, are usually futurist entrepreneurs, serial entrepreneurs, or lifestyle entrepreneurs. Futurist entrepreneurs begin businesses and think ahead, they can foresee what's coming next in terms of market needs. Examples include AirBNB, Netflix, and Uber. Serial entrepreneurs create businesses and hand them off to others to be executed. The best example here would be Richard Branson, who currently owns over 400 companies. Lifestyle entrepreneurs change their lifestyle by starting a business, and they inspire others to do the same. For some reason when I think of these guys I always picture a video of Tai Lopez on my Facebook feed, and dozens of other lifestyle entrepreneurs! But hey, nothing wrong with their style. All power to them and I hope they continue to be successful.
Back to the point -- essentially, QuHarrison was saying that 2017 should be the year that social entrepreneurs become more prevalent. You might be asking, "What are social entrepreneurs?" they are those individuals who begin businesses for the greater good of the communities around them and the world in general; they give back because they want to give back.
"The only way to make a change to social entrepreneurship is a shifting focus from the problems which affect your immediate group of friends, to the problems which affect those in other parts of the world" - QuHarrison Terry
Basically this is a call to action for businesses of all sizes and types to become social entrepreneurs. For all of us to do more and give back to the community. These days it feels as if corporations are just expected to do socially responsible things. For the little guys, such as myself, we are not so pressured by the public to do socially responsible things. However, this is an even better reason to start! I am currently developing plans for Great Leopard to integrate some social entrepreneurship into the business model, and I hope it causes a viral effect on others to do the same. I plan to use whatever resources I have to help others in need, and whatever influence I have to inspire others to do the same. It's going to be a real challenge, but I believe it can be done.
This is my first call to action for all of you, entrepreneur or not -- to do something for the benefit of another, and see what good things can come from it. Together we will do good things for the people who need it, and not just ourselves. I always believed that doing something for yourself might make you happy today, but doing something for someone else means happiness for years to come.
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