Wednesday, February 19, 2020

Social Entrepreneurism Module Case Study Coursework

Social Entrepreneurism Module Case Study - Coursework Example Therefore, their goals are short term, and they are the beneficiaries in the business venture. Parallel to this, social entrepreneurs invest in long-term investments where the society is the immediate beneficiary (Dees, Emerson & Economy, 2002). John Mackey started a healthy grocery using funds from savings and family borrowing. The main goal of John Mackey in starting the business was to help people acquire healthy groceries to reduce increased health problems. Later on, the business merged with two other groceries to form the ‘whole foods’. John Mackey is a social entrepreneur because his business had a long-term business venture with the first priority to promote societys prosperity to the maximum. He also confessed that he wanted to create a business venture that would promote human well-being for the community at large. He spent six years in school learning business entrepreneurship. He dropped from school frequently to support his social entrepreneurship venture. There are several characteristics that I learned from John Mackey’s entrepreneurship skills. There are various skills that I would relate to John Mackey’s entrepreneurship skills. First, he is skilled in the field of entrepreneurship. John Mackey spent years in college mostly learning the fields that he was interested in most. These skills helped him fulfill his entrepreneurship goal. This shows the need for one to have entrepreneurship knowledge, which helps one to make the right business decisions. Second, Mackey was determined to see his business venture succeed. He used six years in college learning and entrepreneuring at the same time. This shows how much determination it takes for a social entrepreneur to be successful. Third, Mackey was strategic in making his business decisions. He saw the need for his business to merge with two other groceries in order for the business to be more stable and increase the customer numbers. Lastly, Mackey was passionate in providing

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