In order to make a potentially game-changing idea a long-standing reality, it's highly recommended that social entrepreneurs look at their business model and ask a very simple question: Could my company be a profitable one?
If we reframe high unemployment as an economic growing pain that will lead to a rise in startup companies that will create the jobs we need while simultaneously serving as a catalyst for the development of new products, it becomes clear what we should be doing. Starting companies.
The Pulvers needed help with forming a legal entity, advice on marketing and on protecting their product against knockoffs. So Dick Fenster put together a team of SCORE volunteers that included a lawyer and two engineers with patent and marketing experience.
We have lost sight of the true problems facing the District. While we fiddle with the composition of a new ethics board and technical changes to the municipal code, DC burns with 30% child poverty and 50% youth unemployment rates.
Jason McCarthy, a former Green Beret and the founder of the rucksack company GORUCK, says a lot of things that command your attention. But when he speaks about his company's growth in the last year, my ears really pick up.
So what if, with all this talk of deficits and national debt and budget overages, our government takes the unprecedented step of shutting down its mail services? Many small business would worry. But I say to my fellow small business owners: do not fear.