4/10/2023 0 Comments Sam goldman dlight![]() Yet there are those who would limit the social entrepreneur label only to those without any profit motive. The terms “social entrepreneur” and “social businesses” are generally used to characterize people and businesses that bring entrepreneurship to ventures that have a social mission. What to call these innovative businesspeople is the subject of some debate. Goldman said, are able to push the company on both its social mission and its profitability. Since the company incorporated in May 2007, it has raised $6.5 million from a combination of investors who, Mr. “We could have done it as a nonprofit over a hundred years, but if we wanted to do it in five or 10 years, then we believed it needed to be fueled by profit,” he said. His time in Benin also convinced him, he said, that only as a business could a project become large enough to reach the great number of people who use these lamps as their primary source of light. Goldman said he realized he wanted to create a venture to solve both the social and economic problems caused by these lamps. When the son of his West African neighbor nearly died after suffering severe burns from spilled kerosene, Mr. Goldman learned firsthand of kerosene’s problems it is expensive, it provides poor light and it is extremely dangerous. ![]() ![]() ![]() Having used kerosene lamps himself while living in Benin, Mr. Goldman started D.light with the mission of replacing millions of kerosene lamps now used in poor, rural parts of the world with solar-powered lamps. Today, many start a company instead.ĭ.light, a company cofounded by Sam Goldman, who spent four years in the Peace Corps in Benin before earning a master’s degree in business from Stanford University, is an example. It used to be that people who wanted to solve a social problem like lack of access to clean water or inadequate housing for the poor created a charity. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |