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Early Steps of Building Your Own Social Enterprise

25-04-2017 06:23:31

Raya, a 25-year-old worker, encounters unsatisfying feeling when he is in the middle of his desk time. As Raya digs more, he wants to make an impact with what he does, not just for a mere profit for himself. 

If you are in the same state as Raya, we suggest you make your own social enterprise. While it might sound easier to just volunteer or donate for the for the available cause, building your own social enterprise means you can plant your own mission in giving impact in a cause you really believe in.

 

Here are some steps to start your own social enterprise.

 

Planning
On the first phase of building your own social enterprise, you have to know which market you want to settle in, research makes perfect. Prepare your business plan for your cause of choice, make sure it is a solution for the problems the world has. The clearer the latter distinguish, the easier people will understand why they should support your enterprise.

Funding
Being understandable is one thing, being supported is another. Like any startup, your social enterprise needs funding. While you can try crowdfunding, you can also try to pitch your startup to experts, another social entrepreneur, or anyone who is interested in your project. Funding could come from anywhere, so be open to every opportunity! Make yourself presentable, along with the well-prepared presentation of your startup.

Hiring
Choosing the right people to join your enterprise has a major factor in your operation. Seek people that have the similar value as you, who dares to not only believe in something but to actually put an effort on it and to live it. Recruitments could be tricky, but finding the right partner could take you far.

Marketing
Planning your marketing strategies would increase the productivity of your team. If you are a new startup and have a tight marketing budget, you can try some ways to market your startup. In this digital era, it is a good thing you can try content marketing and social media marketing. Photo and video sharing could deliver your message to the world. Make events to introduce your vision to the world, you might be surprised on how many people will support your cause!

 

EV Hive will be arranging the event "HOW TO MEASURE YOUR BUSINESS IMPACT " and "DESIGN YOUR SOCIAL ENTERPRISE!" on April 27th and 28th 2017 @EV Hive The Maja. RSVP here and Register here.