Social Entrepreneurship for EngineersBy Group x

Maj Md Habibur Rahman, 201414xxx

Arif Mahmud, 201514xxx

Muhtasim Fuad Rafid, 201514xxx

Capt. Rezaul Rizvi, 201414xxx

Dain Ibne Faruque, 201514xxx

Team Structure

Social Entrepreneurship

Social entrepreneurship is the use of the techniques that start up companies and other entrepreneurs to develop, fund and implement solutions to social, cultural, or environmental issues.

- Wikipedia

-What does it mean?

key characteristics

• Socialite: a context, process and or set of outputs that are for public benefit.

• Innovation: the creation of new ideas and models that address social or environmental issues

• Market orientation: the performance-driven, competitive, outlook that drives greater accountability and co-operation across sectors.

-of a social Entrepreneur

Few examples

Dr. Muhammad YunusFounder of Grameen Bank- the Nobel Peace Prize-winning microfinance organization, as of year 2010, has a total asset of over 159 billion USD and a revenue of over 17.6 billion USD.

Few examples

Sir Fazle Hasan Abed Founder of BRAC, the world’s largest non-government organization, has revenue over 68 billion USD with about 115,000 employees and staff. bKash, business of BRAC, is thesecond largest mobile money banking system in the world.He was a Naval Architect.

Engineers as Entrepreneurs

A recent Duke and Harvard survey of over 500 technology companies showed that 37% of their leaders have engineering or computer science backgrounds. What this survey is trying to tell us is that among ourselves the chances of happening the same is very promising.

-What does it have to do with engineering background?

2018

Graduation completeAnd Job starts

2022

Couple of years of work

2026

Some of promotions

2028

Now what?

A Roadmap

The Conflict

▷ Do I invest in a social business or in non-social one?

▷ Why choose one over another?▷ What does profit really means to me?▷ What are the risks for me?▷ Is there any way to do both?

▷ Financing - Not easy to manage.▷ Teambuilding - Hard to build a solid starting team.▷ Decision Making - Choosing the right path.▷ Abandoning another career – Give up one or the

other▷ High level of risk – No guarantee like a fixed job

The Challenge

Facing the Challenges

▷ Financing - Build slowly with patience▷ Teambuilding - Build with people you trust.▷ Decision Making - Talk to the experienced, build

a network.▷ Abandoning another career - Think of your

capabilities and go for it!▷ High level of risk - Keep a backup for the rainy

days.

Paths to entrepreneurship

Start a for-profit business

Start a Social Business

Plan to come back

The OpportunityAlthough it makes sense to start profit maximizing business and be an entrepreneur that way, considering the fact that world is never perfect and millions are suffering various crisis, it is encouraged to be involved in social entrepreneurship because it is an opportunity to serve toward humanity in ways that other business corporations can only dream about.

Questions and Answers