tag:blogger.com,1999:blog-1023809150725835717.post1152666413585054712..comments2023-11-05T01:05:38.453-08:00Comments on chespeak: Will Global Giants in Search of Public Glow will Trample us Underfoot?Anonymoushttp://www.blogger.com/profile/08922847649122074587noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1023809150725835717.post-41001575378355563942008-07-26T20:23:00.000-07:002008-07-26T20:23:00.000-07:00I think incentives is not an enough motivation. Mo...I think incentives is not an enough motivation. Most of capitalists are focused just in profits. Fortunately, sometimes rich people realize that they have achieved everything (financially) and there is a moment in life that some body makes them think or feel that they have to give back. Bill Gates and Warren Buffet has walked that process. But there are a lot of rich people that don’t. Even if a rich persons feel that, most of the companies are co-owned by a lot of stake/share holders.<BR/><BR/>I we try to extract some positive thing of capitalism, to apply to creative capitalism, is the entrepreneurship and venture capital model. <BR/><BR/>“Why bother trying to help more entrepreneurs succeed? Don Valentine, an icon of venture funding (founder of Sequoia) said: Sequoia is focused on the concept of bigness: big thinkers, big markets, big companies. Employing thousands of people paying millionsd in taxes and hundreds of millions in salaries. That’s bigger than people who just want to be millionarries. (extracted form High tech Start up, John L. Nesheim)”.<BR/><BR/>Applying to social entrepreneurship, Why bother trying to help social entrepreneurs succeed? I think Bill Gates now is thinking big, but in another aspect. To help poor people. <BR/><BR/>Traditional capitalism wants high profit margins and growing. Social entrepreneurs and foundations don’t. They just want to be self sustained or operate with a low margin.<BR/><BR/>So, why not Foundations and Philanthropists like Bill Gates, should try to create a web like the entrepreneurship model to detect social entrepreneurs (from universities, NGO,s etc.), and finance them in different phases and with different validations and requirements. <BR/><BR/>Chekkutty talked about people trying about producing vegetables in an organic way. Why not help people like them. It could be charity or asking for a little ROI. They could be a good example of social entrepreneurs that can create new business or social models.<BR/><BR/>In Finland education is free for kids. But Schools are private. Governments funds schools only if they achieve some metrics. And Finland is the best country in Education (OECD). They are pride.<BR/><BR/>Foundations don’t have an entrepreneur spirit. They have founded by persons that want to give back, feel good, or people that has suffered any loss. They are good helping people and just asking for money. But why not help them even more, if they hire a social entrepreneur and are measured with metrics like education, jobs, startups, production, etc.<BR/><BR/>And like a start up, don’t try to make a excessive planning. Just start helping and see if the model works.<BR/><BR/>Like Tracy, I don’t think there could be organizations doing both (profits and social return) Just let both to grow and make experiments in new models of social entrepreneurship.<BR/><BR/>Guillermo Del Moral | 11:09 PM <BR/><BR/> <BR/>(courtesy:creativecapitalismblog.com)Anonymoushttps://www.blogger.com/profile/08922847649122074587noreply@blogger.com