The opportunities for entrepreneurial action in the community are endless. Entrepreneurs can improve their community by donating time and money to build homes, donating books to schools, or any other activity that helps better the community they live in. Damon Becknel, an experienced entrepreneur and land developer, understands that the best way an entrepreneur can think of new ideas is by asking themselves, what can I do that would help improve my community? And then think about how you could carry out your idea in a way where you make a profit simultaneously.
There are plenty of ways entrepreneurs can improve their communities. It all starts with identifying an issue within your local area. For instance, if there is a popular park with low swingsets because older kids break them down for fun, maybe an entrepreneur can develop a way to make better swing sets. By thinking of something that will help improve their community, entrepreneurs can change the world for the better and improve their communities at the same time.
Here are some ways that entrepreneurs can help improve their local communities.
Sponsor Non-Profit Organizations
Sponsoring a local non-profit organization is a great way to help improve your community. Entrepreneurs can use their business as a platform for creating awareness and funding for a good cause while at the same time doing something beneficial to society. Non-profits can range from homeless shelters and food banks to homes and schools for disabled children. There is no shortage of groups in need of support.
Donate Books to Schools
Another great way entrepreneurs can improve their community is by donating books or other reading material to area schools or libraries. If you have a skill (such as graphic design), you could create book covers for self-published novels donated by aspiring authors. Along with helping local students get more familiar with different book covers, this also allows them to learn about marketing and web design, skills that will surely be useful down the road.
Incorporate Volunteering in the Company Mission
One of the best ways for entrepreneurs to improve their community is by incorporating volunteer work into your company’s mission statement. By including volunteerism as part of the business’ goals, employees are now more likely to take pride in what they do and be more willing to go above and beyond for customers knowing that they are helping society. This ultimately helps companies grow because their reputation becomes much better than other businesses that don’t give back to the community.
Design a Business Model That Gives Back
One of the best ways for entrepreneurs to improve their community is designing a business model that gives back. If your company builds homes, why not have it be required that 5% or 10% of those homes be donated to low-income families? If you own a retail store, why not host an event where customers can bring in old clothes to donate instead of throwing them out? Having this as part of your business goals makes your employees more likely to take pride in what they do because now they know they are helping make society better.
Contribute to The Local Economy
An entrepreneur can improve their community by contributing to the local economy. Entrepreneurs could do this by creating jobs, purchasing supplies from other local businesses, or keeping your money within the community. Keeping your business’ spending inside of your community helps create more jobs and keeps the small-business economy strong.
There are so many different ways entrepreneurs can improve their communities, but hopefully, this gave you some good ideas on how to do it. By designing a business model that gives back, donating books or other reading material to area schools or libraries, sponsoring non-profit organizations. You can try incorporating volunteer work in your company’s mission statement, and/or helping the local economy, these are just a few of the ways that entrepreneurs can help improve their community.
In addition to having more jobs within your community as an entrepreneur, it improves their local economy and keeps more money within the community, which would help strengthen small businesses. One way for entrepreneurs to also improve their communities is by volunteering because not only will they be able to build character & learn new skills, but they’ll also feel better about themselves knowing that they are making a difference in others’ lives.
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