Social Entrepreneurship Be the change, you wish to see in the world! Tapan Jindal www.bs-bs.org
Entrepreneurship! What is it? Starting a New Company / Business Objective Earn Profits Create Employment Opportunities
Entrepreneurship Be the CEO of your Own Life!
Entrepreneurship! Why Entrepreneurship? Youth in India 200 Million What To Do Gap to be bridged with Entrepreneurship Job Opportunities 300 million 100 million
Social! Entrepreneurship
Shocking Facts 30,000 Children die every day of extreme poverty; that s 1 every 3 seconds 1.5 Billion Illiterate People in the world, mostly Women 20 million hectares of tropical rain forests are destroyed every year 1.2 Billion People in the world do not have access to clean and safe drinking water 14 People die every hour in road accidents in India; highest in the world
The social entrepreneur! is a dissatisfied soul,! impatient for change,! Who! instead of passing opinions about issues! gets up and tries to do something!
Social Entrepreneurship! What is it? A Subset of Entrepreneurship Social entrepreneurs are a new breed of entrepreneurs; people who not only consider material rewards but who address the most pressing social and environmental issues of our time and solve them. Their business models address the root of the issues but transform sectors, make lasting changes on society and solve problems that aid or governments have not been able to address sufficiently.
Social Entrepreneurship! What is it? A Subset of Entrepreneurship Objective: To Bring a Change in Society / Social World
Wanna Bring a Change!!! Be an Entrepreneur - A Social Entrepreneur
Founder of! Social Entrepreneurship! Muhammad Yunus! Founded
Funding Your Social Venture! For-Profit Ventures For No-Profit Ventures Grants / Donations! Equity Funding! Debt Funding! Grants / Donations!
For-Profit!! Social Entrepreneurship!
!!!!! Business Must be for!! Profit!! But! Profit Must Also be for Purpose!
Loans to Poor entrepreneurs At a Glance No Collateral, No Legal Instrument, No Group-Guarantee or Joint Liability 8.32 million customers (97% women) 2,564 Branches, 81372 villages Total Loan Given: USD 9.75 Billion Loan Repaid: USD 8.65 Billion Loans to beggars resulted in 20,000 beggars left begging are making a living as door-to-door sales persons.
Business Model!
s Business Model! Offer Distribution Channels Customers micro Loans! w/o! Collaterals! Branches! Poor Entrepreneurs! Revenue Streams Interest on Loans!
s Business Model! Key Activities Offer Distribution Channels Customers Risk Management! Lending and Collecting Payments! Key Resources micro Loans! w/o! Collaterals! Branches! Poor Entrepreneurs! Capital! Trust! Branch Network! Revenue Streams Interest on Loans!
s Business Model! Key Activities Offer Distribution Channels Customers Risk Management! Lending and Collecting Payments! Key Resources micro Loans! w/o! Collaterals! Branches! Poor Entrepreneurs! Capital! Trust! Branch Network! Human Resources! Cost Structure Capital Costs! Revenue Streams Interest on Loans!
Social Entrepreneurship! For No Monetary Profits!
Founded: April 2010 We began with a simple idea Badlegi Soch to Badlega System TM Educate the mass of their social responsibilities What is the thing that you want to improve/change? Try to reduce the number of road accidents, especially happening in nights, to the extent we can! Who will benefit from the improvement? You! Me! Everyone!! Afterall, who wants to die / get injured in road accidents!
What is wrong with it at the present time? Who Forms part of your team? Volunteers! 14 people die every hour in road accidents in India. It means India leads the world in number of road accidents!! ü College Students! ü Local Villagers! ü Friends! Why should it be improved? 50% road accidents take place in the night! 30% people below 30 years of age dying in road accidents. A huge loss to Young India. Remember it s the youth who can bring the change!!!
What About Funding for Projects? Grants / Donations from friends / Family Members / Volunteers! Corporate Sponsorships! You Can Help!! You have the power to change a life today. Donate. " "Because your small donation will make a big difference! Help us to bring a change! Can you avoid Just 1 Pizza and make it for Donation Just 1 Pizza is what I am asking you to eat less Support us to reduce number of Road Accidents Your contribution @ Rs 150 can save 10 road accidents
How do you propose to improve it? Making people aware why they should use reflectors / reflector stickers on their vehicles! Placing reflectors / reflector stickers on! ü Vehicles (Trolleys, lorries, bullock carts, trucks, cycles, scooters) specially in rural and semi urban areas!
Accomplishments ü Villages Covered: 11 ü Reflectors Placed: 2,500 ü 200 Tractor Trolleys, 150 Cycles, 75 Bullock Carts, 42 Trucks
! How Does a Donor Funded business model look like?! (Not for profit)!
s Business Model! Key Activities Buying Stickers! Placement on Vehicles not having tail lights or reflectors! Key Resources Volunteers! Reputation! Offer Reflectors for! Vehicles! Customers Donors! Revenue Streams Donations Received!
s Business Model! Key Activities Buying Stickers! Placement on Vehicles not having tail lights or reflectors! Key Resources Volunteers! Offer Reflectors for! Vehicles! Customers Donors! Reputation! Vehicles Tractors, Trolleys, Bullock Carts etc! Revenue Streams Donations Received!
Be the Change You wish to See in the World!
Badlegi Soch to! Badlega System
Thank You! Tapan Jindal! Founder & President! BS-BS Foundation! www.bs-bs.org bsbs@bs-bs.org