Social Entrepreneur & Benefit Corporations

Social-Entrepreneurship

I am learning new words to describe new ways of doing things in our world.

First, I became acquainted with the term “social entrepreneur” when I connected with Molly Barker, founder of Girls on the Run and now the lead advocate Red Book Coalition. I think the concept of social entrepreneurship describes the work of my Financial Freedom Party for Women.

While reading about Kickstarter, I learned about Benefit Corporations. Kickstarter describes it as follows:

Benefit Corporations are for-profit companies that are obligated to consider the impact of their decisions on society, not only shareholders. Radically, positive impact on society becomes part of a Benefit Corporation’s legally defined goals.

As I work on getting my Financial Freedom Party for Women business entity established in Texas, I’m thinking these are the concepts we will be embracing. Things look better for what FFP offers for women and the business community than they did in 1998 when we started this whole FFP thing. We are focused more like Benefit Corporation than a non-profit. Why does teaching financial literacy for women, giving them information to take to the marketplace, and connecting them with the financial services industry  have to be considered a non-business activity? Apparently it doesn’t!