for-profit

A Quote by Bill Drayton on for-profit, non-profit, social enterprise, social entrepreneurship, conscious capitalism, good business, and financing

We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and non-profit, you most often think of entities with either zero social return or zero return on capital and zero social return. Clearly, there's some opportunity in the spectrum between those extremes. What's missing is the for-profit finance industry coming in to that area. Look at the enormous diversity of the for-profit financial industry as opposed to monolithic nature of the non-profit world; it's quite astonishing.

Bill Drayton

Source: Q&A: Bill Drayton - Ashoka - Social Capitalism: http://www.fastcompany.com/social/2008/articles/bill-drayton.html

Contributed by: ~C4Chaos

A Quote by Brian Walker (CEO) on for-profit, business, conscious capitalism, good business, sustainbility, capital, investment, and corporate social responsibiity

As a for-profit entity, if you're successful in getting a good return on capital, you will attract more investment. You become a magnet for resources with which, in turn, you can do more. Taking that a step further, if you're a socially responsible for-profit, and you're successful in earning a return on capital, you will attract further investment, to create still more value, and be able to have a greater positive impact on society and the world. Essentially being a for-profit creates opportunity for doing greater good. And financial success as a for-profit with a social conscious carries greater credibility with your peers, potentially influencing actions of other businesses.

Brian Walker (CEO)

Source: Q&A: Brian Walker - Herman Miller - Social Capitalism: http://www.fastcompany.com/social/2008/articles/brian-walker.html

Contributed by: ~C4Chaos

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