Remove Distribution Remove Entrepreneur Remove United Kingdom Remove United States
article thumbnail

What is a Social Enterprise?

Up and Running

An excellent example of a social enterprise is The Empowerment Plan —an organization that hires people currently living in homeless shelters to create a combination winter coat, sleeping bag, and over-the-shoulder bag, which is then distributed to the homeless of Detroit free of charge. Social enterprise: Building a better future.

article thumbnail

Entrepreneurs, Commit Not These 7 Deadly Sins

YoungUpstarts

There’s a lot of focus these days on teaching entrepreneurs how to do startups right : Validate the market before you build a prototype. The truth is, there are “wrong” mistakes that entrepreneurs can make early in the game, mistakes that will impact a startup’s ability to attract capital investment later on. Conserve cash.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is an L3C?

Up and Running

In recent years, socially-minded entrepreneurs have begun testing a new type of business entity: the L3C, or Low Profit Limited Liability Corporation. A low-profit limited liability company, or an L3C, is a legal structure (a variation on a limited liability company or LLC) that is relatively new to the United States.

Vermont 106
article thumbnail

WeWork: Blitzscaling or Blitzflailing?

Reid Hoffman

If you add together Apple, Alphabet, eBay, Facebook*, Lyft, Palo Alto Networks*, PayPal, Salesforce, ServiceNow*, Twitter, Uber, and Workday*, these twelve companies alone have a market capitalization of $3 Trillion, a little bit more than the annual GDP of the United Kingdom in 2018. Distribution. Distribution.

article thumbnail

6/16: What's Mine Is Yours: The Rise of Collaborative Consumption

David Teten

But what if these institutions, valuable as they are, are just a transition state on the way to truly new modes of communication and exchange, and even a new emphasis on values other than profit-and-loss? Technology is changing the way we do business; crowd sourcing and social networks have become a default security system.

Darfur 122