I used to be opposed to the idea of social entrepreneurship. I said, you know, let business be business, and philanthropy be philanthropy. Keep the two separate, don't mix it up, and this is what I did, and I did that rather successfully, but I now recognize that actually you do need to mix it up and I think there is room for social entrepreneurship.
About this quote
- What does it mean?
- Soros initially kept business and philanthropy separate. He now believes social entrepreneurship requires mixing them.
- In plain terms
- He used to separate charity from business. Now he says they need to mix.
- What can you take from it?
- Modern solving problems needs business and charity together.
Where it applies
Putting it to work
Questions to consider
- Should charity act like business?
- Is mixing money and help good?
Another view
Mixing profit with charity can create conflicts of interest.
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