07/10/2013 06:54 pm ET

A Social Entrepreneur's Dilemma: Nonprofit Or For-Profit?


In 2002, at the age of 18, Saul Garlick started a program to fight poverty by building schools in rural South Africa. By 2004, his vision had broadened and he started an organization, Student Movement for Real Change, to encourage entrepreneurship in third world communities. Through this organization, he sent students to live with local families, hunt for water sources, farm alongside villagers and absorb the day-to-day nuances of life in a developing country with the goal of building social businesses along with the local residents.

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