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The Social Entrepreneur's Handbook: How to Start, Build, and Run a Business That Improves the World, by Rupert Scofield
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Make the business of society your business
No one knows the business of social entrepreneurship better than Rupert Scofield. Cofounder and president of FINCA International―a nonprofit microfinancing institution with 7,000 employees serving 750,000 customers in 21 countries―Scofield has been a social entrepreneur for 40 years.
In The Social Entrepreneur’s Handbook, Scofield leads you through the entire process of starting up and running a nonprofit, sharing personal success stories and advice on what not to do―valuable lessons he learned the hard way. The process, while risky, isn’t as difficult as you might think. Practically speaking, you need only two things: an idea and a plan. The former comes from you and you alone. This book supplies the latter.
The Social Entrepreneur’s Handbook illuminates the path to building a successful nonprofit from the ground up. You’ll learn how to:
- Create a realistic plan for getting started in your chosen cause
- Assemble the perfect team for putting your plan into action―and keeping it rolling in the right direction
- Develop a business model specifically designed to run a nonprofit organization
- Keep yourself, your staff, and your cause in solid financial shape
One of the many beauties of social entrepreneurship is that it’s never too late to start. You can be right out of school or working in the highest ranks of corporate America. It doesn’t matter. Social entrepreneurship begins with a noble cause, which turns into a passion, and soon becomes a mission worth dedicating your life to.
The Social Entrepreneur’s Handbook is the one and only resource you will need to attain your dream of working full-time in service to others―and making a real, measurable difference in the world.
- Sales Rank: #758858 in Books
- Published on: 2011-04-13
- Original language: English
- Number of items: 1
- Dimensions: 9.30" h x .91" w x 6.40" l, 1.16 pounds
- Binding: Hardcover
- 272 pages
From the Back Cover
Whether your mission is as ambitious as pulling millions of people out of poverty or as modest as feeding people in your neighborhood, now is the perfect time to get started. Social entrepreneurship has never been more needed, more valued, and more achievable than it is today.
In The Social Entrepreneur’s Handbook, author Rupert Scofield―president and CEO of FINCA International―gives you a practical plan for doing what you might have thought wasn’t possible: becoming a driving force for good by using business practices typically reserved for amassing personal wealth. Scofield teaches you how to:
- Focus your passions for social or environmental change into a single, achievable pursuit
- Create a business plan that uses commercial entrepreneur best practices for socially beneficial ends
- Mitigate the personal, financial, and professional risk that comes with running a nonprofit organization
Becoming a social entrepreneur is among the biggest decisions anyone can make―and one of the most rewarding. When you put your talent and hard work into amassing not capital but social capital, you’ll finally see those changes you’ve been thinking, dreaming, and talking about take shape.
About the Author
Rupert Scofield is president and CEO of FINCA International. Under his leadership, FINCA has grown from 60,000 clients and a loan portfolio of $5 million to more than 750,000 clients and a loan portfolio of more than $300 million. An agricultural economist, Scofield has 30 years’ experience as a social entrepreneur in Africa, Latin America, Eurasia, and the Middle East.
Most helpful customer reviews
23 of 24 people found the following review helpful.
Great book for those in the non-profit field
By Alain B. Burrese
"The Social Entrepreneur's Handbook: How to Start, Build, and Run a Business That Improves the Word" by Rupert Scofield, President and CEO of The Foundation For International Community Assistance, provides a lot of useful information and guidance for anyone involved with non-profits. I wish I'd read it when I was more involved with non-profit organizations. While I don't believe the book's claim that this is "the one and only resource you will need to attain your dream of working full-time in service of others - and making a real, measurable difference in the world," I do believe that it is a very good book for anyone working with non-profits.
The author likens the book as a survival guide for anyone who joins the ranks of a modern nonprofit, and I'd agree that it does provide much to help. However, I didn't like "Handbook" in the title, because to me a "handbook" has more lists, worksheets, procedures, etc. This book does not really contain those. It doesn't have the step-by-step formulas that I think of when I think of "handbooks." I sort of like one of the author's original working titles for the book better, "Confessions of a Social Entrepreneur."
The book contains eighteen chapters, divided into five parts, and is full of personal examples and encouragement for those working in the non-profit arena. It starts out with advice on identifying your constituency, your big idea, and finding a mentor. The second part delves into recruiting the best people for an organization. Good information on personnel issues. The next part of the book focuses on money, always an issue with nonprofits. The advice here can help organizations with fund raising.
Part four goes into building and running an organization with topics such as business models, structure, and systems. All of these are very important for the growth and longevity of an organization. Strategy is also discussed in one of the chapters. The final section, part five, looks at areas that are often neglected, such as innovation, governance, and some daily challenges when working for a non-profit.
While this isn't the only book that should be on a non-profit's CEO, Executive Director, Board Member, or employee's bookshelf, it is surely one that is a good read and provides strategies and suggestions that will enable the social entrepreneur to better succeed at his or her chosen mission. Recommended for anyone in the field, or who wants to enter the field.
Reviewed by Alain Burrese, J.D., author of the Tough Guy Wisdom series
10 of 11 people found the following review helpful.
Are You Ready to Start Your Own Non- Profit Organization?
By Bryan Carey
Non- profit organizations number in the thousands and while some of them have become quite large and powerful, each started with an individual or a group of people who had a vision. Many people presently have charitable visions and dream of starting a non- profit, but are not sure what to do or where to begin. This is where the Social Entrepreneur's Handbook may be able to help. Written by the CEO of FINCA International, this book is a resource guide with helpful hints and tips that cover everything from the initial setup to hiring to fund raising and beyond.
I have entertained the thought of starting and running a non- profit organization, but I was often uncertain and had dozens of questions that needed answers before I would consider taking the plunge. And now that I have read this book, I have a better understanding and respect for what the employees of a non- profit organization go through each day as they seek out donors, hire new employees, balance their books, and abide by their organization's charitable mission. The book covers most of the setup and operational process involved in running a non- profit and it lets the reader know exactly what to expect if he/she decides to try to turn a non- profit dream into reality. What I find most helpful about this book isn't just its usefulness as a non- profit setup guide, I also like that most of what it recommends can be applied to most any business. The section on hiring was especially useful because I can relate completely to some of the characterizations of employees that the book talks about. The "Destroyer" and the "Chief Destruction Officer"- two employee types talked about in the book- remind me of some of the people I worked with at my last job. I also like what the book says about interviewing and evaluating employees because this, too, can be applied to any organization.
With a title like The Social Entrepreneur's Handbook, this may seem like another boring management guide, but it is actually quite entertaining as well as informative. The author didn't write this book in the dry, often monotone style so common with most books in the management genre. Rather, he wrote the book in a very lightened- up way, with small doses of humor on most every page. Readers will chuckle many times as they come across some of the author's funny descriptions of everyday people and ordinary actions and they will appreciate how the author was able to take what many would consider a dry, boring subject and make it more enjoyable.
Starting a successful non- profit organization is no picnic, but The Social Entrepreneur's Handbook is a very useful guide to the non- profit establishment process and it is a book I am glad I took the time to read. I still don't think a non- profit organization is in my own future, but if you are one of those who aspires to a self- employed life of charity, then The Social Entrepreneur's Handbook could be just the book you need. It walks you through the process one step at a time, explaining how to create and establish a success non- profit organization and enjoy the high level of satisfaction that results from operating a business focused on charity rather than profits.
4 of 4 people found the following review helpful.
Making a Buck to Save the World
By Kevin L. Nenstiel
Much has been written recently about social entrepreneurship, the effort to harness market forces to noble, world-changing ideals. Most commentators have lionized the visionaries whose gift for seeing old problems with new eyes makes such efforts possible. But Rupert Scofield turns his attention to the nuts-and-bolts managers who turn visions into reality.
Scofield, whose leadership guided the Foundation for International Community Assistance (FINCA) to maturity, brings an entire career's experience to the question: what makes for successful social entrepreneurship? The answer certainly isn't depth of vision. FINCA founder John Hatch had scads of ideas, but not the business acumen to make them reality. And not money, since FINCA has flourished though fat times and lean alike.
According to Scofield, we must never forget that a benevolent business is still a business. True believers may get so enamored of their founding vision that they lose sight of fiscal realities. Ideals must never impede social entrepreneurs' bottom line, and social entrepreneurs must practice good business to pay for their ongoing good works. Scofield, a former Peace Corps volunteer with a psych degree, had to earn his business stripes the hard way.
But a benevolent business isn't like other businesses. It's driven by a vision, not by grasping shareholders. And while it must see a return on its investments, such a business is not profit driven. Scofield warns that social entrepreneurs must prepare themselves for some hungry times. Social entrepreneurs, in Scofield's telling, walk a fine line between Wall Street economics and big-hearted charity.
Such a line makes for circuitous walking. Scofield recounts lessons learned the hard way in selling the complex reality of charitable finance. Many people come to him at the conclusion of long, illustrious careers, hoping to give back to the world that has made them rich. Younger candidates want to do good while making their names and kick-starting their careers. Both have something to offer, and both bring severe risks to the table.
Because nobody can do everything in a complex social enterprise alone, social entrepreneurs rely on allies, employees, and benefactors. While ground-level administrators handle the company's actual community charity, the entrepreneur spends the most time cultivating these complex, subtle relationships. Because they provide minefields new entrepreneurs can't foresee, Scofield explains how to negotiate this strange territory with minimal risk.
Conventional business sense would dictate that only a person with a background in business, religion, and international affairs should attempt so complex an enterprise. But social entrepreneurs jump into arenas for which they lack standard credentials, often learning on their feet, because they believe it's simply right. Scofield doesn't pretend he can make things any easier, but he does try to soften some of the hard edges.
Our society today trusts both human goodness and market inevitability. Social entrepreneurship offers the hope of wedding these two seemingly contradictory principles. But it will do so only with leaders' skill and dexterity. Rupert Scofield lets us believe that we, as individuals, can aspire to such optimistic unity.
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