Social entrepreneurs prioritize both purpose and profit. They seek to solve the world’s social and environmental problems through revenue-generating enterprises that champion innovative solutions.
Blake Mycoskie, the founder and “Chief Shoe Giver” of TOMS Shoes, is perhaps one of the best-known social entrepreneurs of our time. The inspiring changemaker founded the company in 2006 as part of his mission to donate new shoes to disadvantaged children. His pioneering “One for One” model is simple: For every pair of shoes purchased, TOMS gives away a pair to a person in need.
Throughout the world, a growing number of social impact-motivated entrepreneurs like Mycoskie are doing well by doing good, truly making a difference in people’s lives while generating economy-boosting profits in the process.
To learn more about today’s social entrepreneurs — who they are, how they’re supported, and some of the characteristics they share — check out the infographic we put together below. The data points highlighted within come to us by way of the 2016 American University (AU) Global Entrepreneurship Monitor study. The survey, which AU claims is the largest comparative deep dive into social entrepreneurship to date, is based on interviews with 167,793 adults in 58 economies across the globe.