The activity of setting up a business or businesses, taking on financial risks in the hope of profit.

-Develop, fund and implement solutions to social, cultural, or environmental issues. -Non-profits or blend for-profit goals to also create a positive "return for society" - social, cultural, environmental -Doing well by doing good

People Planet Profit

-Serves the needs of a small geographic area -Creating jobs for marginalised members -Building a community centre -Microfinance loans

-Social, not material gain -Reinvest profits into the business -Readily available funding -Business-savvy entrepreneurs who want to use their skills for change

-Meet social needs that government and businesses aren't meeting -Often non-profits evolve to this stage with sufficient time and growth -Top talent helps efforts, but also more rules and regulations. Strong focus on mentorship programs.

-Major social needs globally -Access to education, clean water, etc. -Global community required

-All funds toward social issue, charitable donations, exempt from income tax -Positive social and environmental change alongside a steady revenue. Sells a good or service. Revenue goes back into initiatives (except repayment to investors). Self-sufficient. Not tax exempt. -Key: source of funding -Similarity: cause is the focus of their actions

-$3bn company -Outdoor clothing and accessories -All future profits against climate change -"Earth is now the company's only shareholder" -Since 1985 1% of sales to environment -Product innovations / sustainability

-Popularised social entrepreneurship -A pair of shoes given to a child in need for every pair of shoes sold -Over 95m shoes donated -Also expand access to safe drinking water, eye surgery, bullying prevention, and safe births. -Now the company pledges 1/3 profits to grassroots organisations

-Started as a nonprofit, transitioned to profit in 2016 -Beanies / Touques with various designs -Originally gave one hat to a child battling cancer -Now: 50% of net profits to fight pediatric cancer

-No animal testing -Charity Pot products 100% of profits are donated to small organisations that focus on animal welfare, human rights, and environmental considerations

1. Deep empathy 2. Innovation 3. A systemic view 4. A sustainable approach 5. Involving changemakers