As a business owner, you strive to deliver products and services to improve lives and hopefully make a profit. In the social ntrepreneurship world, regardless of whether the business model is nonprofit or for-profit, social entrepreneurs like yourself are inspired to think about innovative ideas to solve the world’s most pressing problems.
There are two sides to this equation. Funders like to see nonprofits with diverse revenue streams, including self-sustaining income. With this preference, nonprofits who traditionally just focused on community work must now consider revenue-generating activities.