A new corporate structure, the social enterprise, was born. This entity, which can be structured either as a for-profit or non-profit, considers the impact of its decisions on communities, the environment and employee welfare.
Gasping for air and tripping over my feet while chasing Nepali men up and down a field was not exactly what I anticipated when I set out on my trip to Nepal. But it did end up teaching me a lot about entrepreneurship.
For investors, it is an old adage whether to bet on the jockey or the horse. With so many variables untested and the development at such an early stage, a seedling venture often only has its founder's vision, team and world changing product to convince an investor's judgment.
The cold and falling snow outside made sure that we all walked briskly to and from the Congress Centre determined to keep our bodies and brains warm with all that great and passionate sharing and exchange of ideas. Nice!
In essence, when you give to others, you are really helping yourself, and often in ways you cannot imagine. This is a lesson all entrepreneurs should take to heart. Even if you are at the beginning of your business career, you should think about ways to give back to your community.
Why keep resources of the for-profit world separate from the warm n' fuzzies that come along with social enterprise and non-profit work? Let's not. Instead, let's combine the strengths of different communities to reduce their respective weaknesses.