Whether you’re interested in a cross-compensation model like TOMS and Warby Parker or complete stewardship like Books to Prisoners, it’s important to understand how your business will be structured. If you’re still feeling stumped, don’t worry. Starting a business is a tedious, involved process, but there are various, successful social entrepreneurs that you can refer to as inspiration. Social Entrepreneurs 1. Jazzmine Raine Raine is the founder of Hara House, the first zero waste guest house in Bikaner, Rajasthan, India. The area is a tourist destination with a vibrant environmental scene.
Of the house’s profits, 20% go to helping local youth get involved in economic opportunities, social justice, and environmental education. The youth help run the guest house, tours, and a community center. 2. Muhammad Yunus Yunus is the founder of fax number list Grameen Bank. This Bangladesh-based institution provides small loans to those living in poverty. 97% of their borrowers are women — and 97% of those women have paid back their loans. The bank manages a net income of over $10 million, has 2,568 branches, and covers 93% of all villages in Bangladesh. Yunus' work has also earned him a Nobel Prize. See his Talks at Google session on “The New Economics of Zero Poverty” below.
Scott Harrison Charity: water CEO and INBOUND speaker Scott Harrison founded his nonprofit to bring clean, safe drinking water to people in developing countries. It tracks every dollar raised to the project it funds, and private donors cover its operating costs — so 100% of the money it raises can fund their water projects. To date, it has funded 91,414 water projects, helped almost 15 million people get clean water, and work with local partners in 29 countries. Check out Harrison’s INBOUND 2018 keynote below. 4. Vava Angwenyi Kenyan coffee entrepreneur Vava Angwenyi started with one small coffee bar in her town, but she was soon helping farmers improve the quality of their coffee, their brand, and their sales.