Social Entrepreneurship

Abstract

Social enterprises tend to operate with a purpose of creating value for the society and also generate income (if not wealth). The solutions they offer are innovative, unique, people and environment friendly. Cost effectiveness is also a huge consideration. All of these are challenges to the sustainability of social enterprises, but the ones that are able to scale these are the ones that are able to create a huge impact! They are the enterprises that are advantageous to the society, people and the environment. Social entrepreneurship has witnessed a boom in the past few years with more and more people getting attracted to it. There is now a healthy trend and world class graduates from IIT's, II M's are giving up lucrative jobs to work and contribute in meaningful ways towards the betterment of the society. As Bill Drayton would say it aptly 'Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the entire fishing industry'. Such is the passion and the commitment required to be called a social entrepreneur that it may not be inappropriate to say that it is much more challeng ing than traditional entrepreneurship! The paper deals briefly as a case study of successful Social Entrepreneurship with one of the outstanding examples of how a human being with indomitable spirit and undying commitment can turn his personal adversity into an opportunity to serve, heal and extend helping hand to the poor, sick, hungry, homeless and the hopeless in the remote rural and tribal areas of AP and Telangana States.