Social Entrepreneurship

Guest lecture on SOCIAL ENTREPRENEURSHIP at PROTON BUSINESS SCHOOL INDORE 12 November 2009 Dr. T.K. Jain Chief Mentor AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL [email protected], [email protected] 91+94414430763

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PROTON – A MODEL OF SOCIAL ENTREPRENEURSHIP • There is a need of good management education • This need can be fulfilled profitably • This will benefit the industries – and society at large • Proton has taken initiatives in this direction • Proton has developed a Unique business model www.afterschoool.tk LET US CHANGE THE WORLD

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SOME OTHER EXAMPLES OF SOCIAL ENTREPRENEURSHIP • • • • • • •

Arvind Eye Hospital BPA – Blind People Association CRY SEWA Grameen Bank The Hunger Project AWAG www.afterschoool.tk LET US CHANGE THE WORLD

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WHAT IS SOCIAL ENTREPRENEURSHIP • Social = for society • Entrepreneurship = risk+innovation+organising+enterprising • Starting a new business – which ultimately benefits society and helps in POSITIVE social change • Private initiative www.afterschoool.tk LET US CHANGE THE WORLD

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TYPES OF SOCIAL ENTREPRNEURS • • • • • •

NGO / VO / Sec 25 Company / Trust Grass root workers Activists Writers Creative playwriters Social Change agent

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CONCEPT OF SOCIAL ENTREPRENEURSHIP? • Don’t we need entrepreneurs in education, healthcare, basic amenities, support services, basic ideas for society and social change? • Why should we depend on government for all the essential work everytime? • When entrepreneurship in making cigerettes can be profitable one, why can entrepreneurship in basic human needs and social development be profitable? • Why don’t we train our next generation for social development – when we can train them in all other sectors including making arms? • What is wrong if some person takes up social development in vocation, profession, and mission? www.afterschoool.tk LET US CHANGE THE WORLD

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STEPS IN SOCIAL ENTREPRENEURSHIP • • • • • •

Social social problem / gap / issue Idea generation Idea testing Business plan formulation Development of core team Business plan presentation to VC / funding agencies • Scale up the work and train others also www.afterschoool.tk LET US CHANGE THE WORLD

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HOW TO PICK UP A SOCIAL PROBLEM? • Did you experience a social problem? (BPA) • Did you get some special training in social development ? (Arvind,Ratan Netra Jyoti) • Can you use your expertise for social development? (CERC) • Can you bring innovative solutions to the society? (Ajit Foundation) • Do you have spare time / resources, which can be used for social transformation? (Margdarshan) • Can you support others ? (Aavishkaar)

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How to pick up a gap in social system? • Give the benefits of new technology to the society – for overall social development and upliftment (Naukri.com) • With the changing time, enable the society to change (Environmental Sanitation Institution) • Society needs restructuring, new institutions and new work processes (Janagraha) www.afterschoool.tk LET US CHANGE THE WORLD

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How to work for social issues? • Pick up issues relating to values, systems and work processes (Consumer movement by CERC) • Raise public movement for public rights (RTI movement) • Raise voice against exploitation (AWAG) • Pick up issues for general public interest / overall social / environmental issues (TERI) www.afterschoool.tk LET US CHANGE THE WORLD

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IDEA GENERATION • Beneficiaries / Situation gives ideas … (AWAG) • Learn from the best business models in the world (Arvind) • Your own observations & creative solutions (Naukri.com) • New solutions for new social problems (Helpage) www.afterschoool.tk LET US CHANGE THE WORLD

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INITIAL SOLUTION… • Prepare your initial strategy and start for action • Don’t wait for a large organisation, you can start from your home, your friends, your own network • Prepare enough home-work and have an outline of what you will do and how you will do it www.afterschoool.tk LET US CHANGE THE WORLD

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IDEA TESTING… • • • • • • •

Start small Try out the idea with your service (CERC) Work with limited resources (Naukri.com) Publicise your success Be ready with alternate plans Be prepared for initial failures (BPA) Form an initial core group www.afterschoool.tk LET US CHANGE THE WORLD

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HOW TO WRITE A BUSINESS PLAN • Prepare a step by step guidelines • Prepare technical, marketing, and production feasibility • Prepare SCBA (Social Cost Benefit Analysis) • Go into detailed financial analysis • Prepare alternate scenarios www.afterschoool.tk LET US CHANGE THE WORLD

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SOME TOOLS FOR BUSINESS PLAN FORMULATION • Microsoft excel – scenario building, what if analysis, • Financial analysis softwares for ratio analysis, funds flow and cash flow analysis

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CORE TEAM • Select people with passion for social development • Pick up those persons, who really understand the issues and have a zeal to work for it (BPA, CERC) • Build a culture of Trust, Openness, Support (Model of social entrepreneurship by T.K. Jain) • Innovate and create low cost solutions and benchmark with the best (Arvind) www.afterschoool.tk LET US CHANGE THE WORLD

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APPROACH VCs / FUNDING AGENCIES • Prepare documents based on your initial successes and present them • Prepare your complete presentations and project reports • Some organisations that can support you are : • Ashoka foundation, Unicef, ActionAid, Ford Foundation, Aavishkaar,

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BUILD REVENUE MODEL • A revenue model can help you in going for public issue also and then you can scale up the activities • Revenue model should not dilute your work • Don’t deviate from your mission

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CRITICAL ISSUES • Simple but powerful Mission / vision • Democratic structure and concensus based decision making • Code of conduct and ethical working • Small steps, but big dreams • Willingness to have networking / tie up with others www.afterschoool.tk LET US CHANGE THE WORLD

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BUILD YOUR PASSION FOR SOCIAL ENTREPRENEURSHIP • Read books like How to Change the World • Read Case studies on social entrepreneurship (AFTERSCHOOOL has published many case studies on social entrepreneurship, including case studies on Vidya Kunj, Ajit Foundation, BPA, AWAG, etc.) • Read business plans for social entrepreneurship (AFTERSCHOOOL has published many business plans),(read www.bplans.com) www.afterschoool.tk LET US CHANGE THE WORLD

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WHY AFTERSCHOOOL??? • Most educational institutions don’t have a modules on social entrepreneurship • AFTERSCHOOOL is not a competitor to the existing institutions, but a supplement only • AFTERSCHOOOL is a voluntary initiative, which seeks to spread to small cities towns – as the students in these areas have a great potential to become social entrepreneurs

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WHY AFTERSCHOOOL ? • Social entrepreneurship can also be developed • Social entrepreneurship can be taught • Students can spare some time from their mainstream education for studying social entrepreneurship • Alternative medium of education / support • Supplementary to traditional colleges / institutions / centres

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CONCEPT OF AFTERSCHOOOL • Free education for all – PGPSE is a free programme online – any person can join any time from any where in the world • Education and skill building is our collective responsibility – not that of government alone • Entrepreneurship, business planning and risk taking has to be promoted not just service mentality

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COURSES OFFERED BY AFTERSCHOOOL • PGPSE – post graduate programme in social entrepreneurship – available after graduation in any stream – or after class 12 along with graduation – in the form of integrated education • A student also studies for following along with PGPSE as per her / his choice : CFA,CS,GMAT,IELTS,IAS • PGPSE can be done with MBA / CA / BE also • A student may also do job – and continue PGPSE simultaneously www.afterschoool.tk LET US CHANGE THE WORLD

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GOALS OF AFTERSCHOOOL • To spread out education all over the world • To open offices all over the world – to promote innovation, fair practices, sustainable development, appropriate technology, environmental awareness • To enable people to work for basic issues and enable them to start creative ventures and share information, resources and networking across globe • To collect like minded people and enable them to work together www.afterschoool.tk LET US CHANGE THE WORLD

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CONTESTS BY AFTERSCHOOOL • Business plan contest • Case study on small entrepreneurs / social entrepreneurs

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MISSION OF AFTERSCHOOOL • To promote Social entrepreneurship, spiritualism • To conduct workshops in schools, colleges and institutions all over the world • To orient teachers to promote social entrepreneurship (through Teachers as Transformers workshops of AFTERSCHOOOL) • To provide consultancy regarding social entrepreneurship

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We’r thankful to ….. • All those who have invited us to conduct workshop (we come just on a phone call) … we are thankful to PROTON, CENTURIAN, ARAVALI, LPU and many many such business schools, who invited us • We are thankful to all those who enabled to our little bits…. Thanks… www.afterschoool.tk LET US CHANGE THE WORLD

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SPECIAL THANKS TO PROF. VINAY GOYAL DEAN (ACADEMICS) PROTON BUSINESS SCHOOL www.afterschoool.tk LET US CHANGE THE WORLD

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