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Social Business Entrepeneurs?
schimmy:
Have we seen socially conscious business be viable on a large scale? Can you please provide examples.
Aimless:
--- Quote from: schimmy on 24 Jun 2008, 10:00 ---Have we seen socially conscious business be viable on a large scale? Can you please provide examples.
--- End quote ---
Well, Ben & Jerry's and The Body Shop are two examples that were provided in one of the threads!
I'd like to amend this bit, btw:
--- Quote ---Anyway, I interpreted doing "social business" as doing business in the niche of social improvement in some way.
--- End quote ---
Business in the market of social development + measuring success in that market by assessing how well the social goals are being met!
EDIT: I'm a bit of a dummy. Grameen Bank, Yunus' very own brain-child, can surely be seen as an example of a successful social business?
BrittanyMarie:
The type of people the social businesses cater to are people who actually do care about the conditions of the workers, where the stuff is made, what processes are used, etc.
It's pretty obvious, I think, that there are certainly quite a few people who do care about that kind of stuff and probably enough who are willing to spend more money for something they feel does good to make a profit. I mean, how many people here will spend more for fair-trade coffee? How many people buy their food in a farmer's market (I guess when I say that I mean for reasons having to do more with limiting the time and distance from producer to consumer which means less oil and gas and icky things like that are used)? I mean, yes, things like greenwashing do occur to a somewhat alarming amount, but when you look at it from another angle it means that that must be something that consumers are demanding.
Also I guess you could consider Thrivent Financial to be a viable socially conscious business. It's a Fortune 500 corporation that is also a not-for-profit. The money that it makes it either reinvests to make more future profit or it gives back to the churches, communities, "charitable organizations", and schools.
est:
Reading pretty much anything from an economist's perspective makes me want to just grab and shake the author until both they and I are crying.
Emaline:
--- Quote from: jhocking on 24 Jun 2008, 09:28 ---When I first saw the title of this thread I thought "social business" referred to trying to monetize your blog or something.
--- End quote ---
Prostitution was my guess. I mean come on, "social business" Makes sense.
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