While traditional entrepreneurship's goal is to grow wealth, social entrepreneurship focuses more on creating inventive ways of solving society's problems. A social entrepreneur can increase equality, create sustainable living solutions, or clean up the oceans. In general, a social entrepreneur wants to improve the world in which we live through innovation.

It's a mistake to think social entrepreneurs are entirely altruistic to the point they will work for free. They still want to earn wealth and meet the financial obligations they have to their employees, vendors, and creditors. However, they strive to use their talents and resources to create a solution to a problem that affects society or our environment. A social entrepreneur always approaches issues they feel passionate about and looks for ways to make that situation better. Earning wealth is secondary.

To read the rest of this article visit scottcathcart.com.