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A guest post from my great friend Devin D. Thorpe, author of Your Mark On The World. A Cornell-educated senior executive with more than 25 years experience as an investor and in senior corporate roles, he made the major life decision a little more than a year ago to refocus his life, beginning with a year of teaching in China, leading to the rediscovery of a purpose-driven life. Now he is a social entrepreneur.
More and more, entrepreneurs are not satisfied with creating a business that delivers a great product, generates a profit and creates value (read wealth), but instead want their enterprise to directly impact a social problem from poverty to global warming.
Some social entrepreneurs are running for-profit businesses with a clear and specific social mission integrated into the business model while others are launching traditional not-for-profit businesses.