Social entrepreneurship

& philanthrocapitalism

:

The job descriptionand occupationalhazards of changingthe world.

carolynn duncan

The Job of a Social Entrepreneur

Recognize a social problem and use entrepreneurial principles to organize, create, and manage a venture to make social change.

Case Study: Majora Carter

She developed the first open-waterfront park in 60 years in the South Bronx, and scored $1.25

million for a greenway along the waterfront.

The Job of a Philanthrocapitalist:

Take concepts and techniques from venture capital finance and high technology business management and apply them to achieving philanthropic goals.

Case Study: Bill & Melinda Gates

The BMG Foundation manages 818 employees, an endowment of $33.5 billion, and has deployed $22.61 billion ($3.0 billion in 2009).

I will be spending the next 40+ years of my work life as an active social

entrepreneur and philanthrocapitalist.

I’m planning to tackle initiatives in economic and social/emotional

security:

Economic dev Family traumaUnemployment Child

abusePoverty Foster

childrenHomelessness Orphans Mental illness

the bad news:

it’s definitely not going to be easy...

Every world-changing initiative beings You vs. The World. These are not great odds: ranging from 1 to 1 combat (50%), up to 6 billion to 1

(a % too small to write!)

In a parking lot fight, the most likely outcome is

that you’ll get your ass kicked!

The Odds Are Stacked

No one pays you to change the world. You have

to be willing to work for free, in a position to work for free, and/or, willing to forgo benefits of getting paid: rent, food, car, phone,

movies, drinks out, vacations, financial flexibility, security— at least while you’re getting

started.

The (Financial) Pay Sucks

We get attached to the way things are. Change

disrupts our stability for an unknown period of time, which we dislike very much-- even if it improves our situation long term. And

because we don’t like being uncomfortable, we don’t always like people who shake things up.

People Don’t Always Like You

Once shaken up, we never return to our prior

state. Trading what we know we like, for something we're not sure we'll like, bringsthe threat of loss if things blow up. The

lowest common demonimator response is, why

risk blowing things up?

Change Is Risky

the dark side of change:

instabilitydissonance & ambiguity

awareness of painful realitiesanxiety and uncertainty

failure & blameloss & grief

the end

so if changing the world is so risky and painful,

why bother?

Remember those problems mentioned earlier?

Economic dev Family traumaUnemployment Child

abusePoverty Foster

childrenHomelessness OrphansMental illness

…they’re real, and they’re very compelling.

through social initiatives, we can address and solve these problems, on a case-by-case

basis.

An orphan finding a family.

An unemployed person finding a meaningful job.

An abuse victim becoming at peace.

gifts of change:

agilityunlimited potential

new strength, capacityfreedom from the way things

weremomentum & enthusiasm

space to explorea new reality

though risky, social change allows us to use current

resources to create new solutions,

that end old problems

It is possible to change the world, and it’s a job worth

doing.

questions or comments?

contact me

www.twitter.com/hundreddollarcduncan@portlandten.com