Social Entrepreneurs: Stop Using ‘Sustainable’ When You Mean ‘Financially Self-Sustaining’
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The word “sustainable” has two distinct, though related meanings in the realm of social entrepreneurship and impact investing. First, a business that is environmentally friendly and/or supports a more just society is often said to be sustainable and, second, a business that generates revenue and is financially self-sustaining and therefore not reliant on donations is also said to be sustainable.
Social Entrepreneurs: Stop Using ‘Sustainable’ When You Mean ‘Financially Self-Sustaining’
Social Entrepreneurs: Stop Using…
Social Entrepreneurs: Stop Using ‘Sustainable’ When You Mean ‘Financially Self-Sustaining’
The word “sustainable” has two distinct, though related meanings in the realm of social entrepreneurship and impact investing. First, a business that is environmentally friendly and/or supports a more just society is often said to be sustainable and, second, a business that generates revenue and is financially self-sustaining and therefore not reliant on donations is also said to be sustainable.