Onnovative organizations that combine elements of the for-profit and nonprofit models
Microfinance has tended to grow by faithful replication of well-established models; it is now time to experiment with hybrid models that bring together the best features of each.
Although new corporate forms like B Corps make it easier to pursue a social mission, it turns out that you don't need one to do so.
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Hybrid approaches present an opportunity to achieve both greater social impact as well as greater business benefits.
Before answering structure and capital questions, think through your venture, your value proposition, your motivation, and your definition of success.