One of the main reasons that social entrepreneurship is sometimes scoffed at by audience’s observing from the outside, is the recognition of the obvious tension between the founders’ personal ethics and business revenue generation.
So, what’s the ROI (return on investment) on founders’ ethics?
The ROI on founders’ ethics is the same as the ROI on using the Internet and the tools of communication to leverage business practices against future audiences’ time and attention.
The ROI on founders’ ethics is the same as the ROI on corporate social responsibility—the idea that business must be more like Martin Luther King, Jr., and less like Milton Friedman.
The ROI on founders’ ethics, at the core of social entrepreneurship practices, comes down to deciding whether maintaining principles matters more than generating revenues through all manner of non-ethical business practices.
But, every business person, every founder, every person who starts a social entrepreneurship project, must decide—usually at the beginning of a project—about what those principles are.
And about how far they are willing to travel with them.