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Sustainable Social Business Ventures and Wealth Building

Sustainable Social Business Ventures and Wealth Building

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Do you finance needs of your church or not-for profit organization by planning one event after the next, only to use more resources than the event generates? Are you a solo practioner who wonders what would happen to your business if you were to become incapacitated? This slide share describes the term, “social enterprise” in plain language, from the perspective of HEALTH INTIATIVES.

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Page 1: Sustainable Social Business Ventures and Wealth Building

Sustainable Social Business Venturesand Wealth Building

Page 2: Sustainable Social Business Ventures and Wealth Building

WHAT IS A SOCIAL ENTERPRISE?

A business that addresses any issue affecting a person’s quality of life

 The issues will exist in 1 of 4 categories

Health Wealth Justice

Housing

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Page 3: Sustainable Social Business Ventures and Wealth Building

What is meant by Sustainable?

Many great business ideas provide temporary income, but not a long-term basis, revenue

stream.

Therefore, Sustainable does NOT include one day events, such as : “fund-raisers”

conferences (including teleconferences), and Live conventions

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Page 4: Sustainable Social Business Ventures and Wealth Building

The Marriage

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A sustainable, social enterprise is a business that meets a social need

Page 5: Sustainable Social Business Ventures and Wealth Building

The days of the solo act are over. Sometimes, even a simple

business idea is challenging….5

Page 6: Sustainable Social Business Ventures and Wealth Building

Don’t be afraid..

Your social enterprise must involve some form of innovation….a new way of

approaching an old problem

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Page 7: Sustainable Social Business Ventures and Wealth Building

Youngevity could be a Social Enterprise

Health Freedom Champion 1991 nobel nominee

http://www.youtube.com/watch?feature=player_embedded&v=gBbTNFW_L4Y

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Social needs: Malnutrition and curing preventable diseases

Page 8: Sustainable Social Business Ventures and Wealth Building

The Father of Social Enterprise8

http://youtu.be/Wp9C50t1p0A

Social Needs: Malnutrition and bank loans to the poor Dr. Muhhamed Yunus, Nobel Laureate

Page 9: Sustainable Social Business Ventures and Wealth Building

Sounds nobel, but what happened to wealth building?!

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• The revenue stream, in the name of the corporation or 501(c) (3) is reinvested back into the enterprise=100%

• A second revenue stream, established by the enterprise owner, is direct pay, in their personal name . If that person is a Pastor or foundation leader, they may or may not chose to donate that amount to the enterprise.

Page 10: Sustainable Social Business Ventures and Wealth Building

Your social enterprise missed the mark, if it does not include different cultures, males and

females and all ethnic groups

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Page 11: Sustainable Social Business Ventures and Wealth Building

Collaborate11

Page 12: Sustainable Social Business Ventures and Wealth Building

Communities need people willing to think outside the box

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Page 13: Sustainable Social Business Ventures and Wealth Building

We didn’t say talk your way out………13

Page 14: Sustainable Social Business Ventures and Wealth Building

Good job, if you are a 5 year old.

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Page 15: Sustainable Social Business Ventures and Wealth Building

You did it again, but the chicken was delicious!

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Box and lawyer needed!16

Page 17: Sustainable Social Business Ventures and Wealth Building

Jack got out….17

Page 18: Sustainable Social Business Ventures and Wealth Building

Jesus did too.18

Page 19: Sustainable Social Business Ventures and Wealth Building

Will YOU?19