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Ian C. MacMillan - The Social Entrepreneur’s Playbook, Expanded Edition: Pressure Test, Plan, Launch and Scale Your Social Enterprise

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Ian C. MacMillan The Social Entrepreneur’s Playbook, Expanded Edition: Pressure Test, Plan, Launch and Scale Your Social Enterprise
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Available for the First Time: The Complete Social Entrepreneurs Playbook
Covers all three phases of the start-up to scale-up process, developed with reader feedback from one of the more unusual ebook...experiments of the year (ThinReads)
Wharton professor Ian C. MacMillan and Dr. James Thompson, director of the Wharton Social Entrepreneurship Program, provide a tough-love approach that significantly increases the likelihood of a successful social enterprise launch in the face of the high-uncertainty conditions typically encountered by social entrepreneurs.
MacMillan and Thompson used their own systematic framework to publish The Social Entrepreneurs Playbook. To test the market, they offered the first phase in their start-up method (step 1) as a free ebook. Readers were invited to join The Social Entrepreneurs Advisory Group, and nearly 300 aspiring and active social entrepreneurs shared feedback that helped shape the complete edition of the book, which covers all three steps in the start-up to scale-up process.
Based on this crowd-sourced feedback from readers of the free ebook and drawing on the authors more than 26 years combined experience developing and studying social enterprises in the field across Africa and in the United States, this new edition provides guidance for each phase:
Phase One: Pressure Test Your Start-Up Idea. Based on the free ebook, this expanded section now includes advice on setting revenue and social impact goals, how to navigate the sociopolitical landscape, and how to develop a strong concept statement. In addition, MacMillan and Thompson provide advice on how to identify and test a proposed revenue-generating solution and define and segment your target population.
Phase Two: Plan Your Social Enterprise. All new to this edition, this critical phase shows you how to frame and scope the venture, determine what it will take to actually deliver a sustainable enterprise, identify the key assumptions that have been made, and design checkpoints to test those assumptions before making major investments.
Phase Three: Launch and Scale Your Social Enterprise. Available for the first time in this edition, you will learn how to effectively launch your enterprise, manage upside potential and downside risk, and strategically scale up.
Filled with accessible frameworks and tools, as well as inspiring stories of social entrepreneurs, The Social Entrepreneurs Playbook is a must-read for any aspiring or active social entrepreneur, as well as philanthropists, foundations, and nonprofits interested in doing more good with fewer resources.
Includes access to downloadable planning documents, including user-friendly spreadsheets

Ian C. MacMillan: author's other books


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The Social Entrepreneurs Playbook Pressure-Test Your Start-Up Idea Step 1 - photo 1
The Social Entrepreneurs Playbook Pressure-Test Your Start-Up Idea Step 1 - photo 2
The Social Entrepreneurs Playbook: Pressure-Test Your Start-Up Idea, Step 1

The Social Entrepreneurs Playbook: Pressure-Test Your Start-Up Idea, Step 1

Social entrepreneurship represents an innovative and effective mechanism for addressing many problems around the world. The Social Entrepreneurs Playbook is an important contribution to help aspiring entrepreneurs take the first step.

David Bornstein, author ofHow to Change the World: Social Entrepreneurs and the Power of New Ideasand coauthor ofSocial Entrepreneurship: What Everyone Needs to Know

The Social Entrepreneurs Playbook provides invaluable insights into how best to foster truly sustainable enterprises that are economically viable and that significantly improve quality of life for individuals and communities.

Kenneth C. Frazier, chairman of the board, president, and CEO, Merck & Co., Inc.

The processes recommended in The Social Entrepreneurs Playbook show that due diligence matters, and can be carried out, for organizations that attend to those in need. That way, resources can be focused, and well-meaning but vainglorious resource expenditures avoided. Whats more: MacMillan and Thompson clearly walk their talk; rather than simply publishing a book, they are pressure-testing their own first draft and asking readers to help write the final manuscript.

Mark O. Winkelman, senior director, Goldman Sachs Group, Inc.

The Social Entrepreneurs Playbook shows us how to understand, evaluate, and pragmatically fund investments designed for significant social impact. It is essential reading for those who care about deploying philanthropic and impact investing resources for the greatest good.

Ronald D. Cordes, board member, ImpactAssets, and co-chairman, Genworth Financial, Inc.

I have long felt that we can do better by using our altruistic resources to build self-sufficiency instead of dependency. The Social Entrepreneurs Playbook shows that it can be done and how to do it.

Robert B.Goergen,chairman and CEO, Blyth, Inc.

MacMillan and Thompson have delivered a powerful set of tools for anyone interested in creating scalable, positive social impact while conserving resources through disciplined entrepreneurship. The Social Entrepreneurs Playbook provides a unique and compelling framework for funders, investors, and others who would like to increase the reach, efficacy, and investment transparency of their contributions.

Arthur D. Collins Jr., retired chairman and CEO of Medtronic, Inc., and senior advisor to Oak Hill Capital Partners

The Social Entrepreneurs Playbook
The Social Entrepreneurs Playbook
Pressure Test, Plan, Launch and Scale Your Social Enterprise Expanded Edition

Ian C. MacMillan and James D. Thompson

Philadelphia Dedication Our deepest thanks to the Wharton alumni who have - photo 3

Philadelphia

Dedication

Our deepest thanks to the Wharton alumni who have sponsored this program, including the Ambani, Collins, Durrett, Gruber, Holekamp, Hurst, Meyer, Poole, Rosenstein, Snider, and Trone families for their interest, commitment, and willingness to support work in a space so fraught with uncertainty.

This book would not have been possible without the concerted efforts of many social entrepreneurs. In particular, we owe a debt of gratitude to Ilona for her tenacity, candor, and commitment to working with us over such an extended period of time. Alicia Polak made key contributions to the elaborations of frameworks within the manuscript.

Thanks also to Marc Gruber of the College of Management of Technology at cole Polytechnique Fdrale de Lausanne for his support in this research.

Thank You
To sign up visit wdpwhartonupennedu Contents Contents The Social - photo 4

To sign up, visit wdp.wharton.upenn.edu.

Contents
Contents
The Social Entrepreneurs Playbook
A Personal Note A Personal Note O n June 18 2013 Wharton Digital Press - photo 5
A Personal Note
A Personal Note

O n June 18, 2013, Wharton Digital Press published The Social Entrepreneurs Playbook: Pressure Test Your Start-Up IdeaStep 1. We provided the ebook for free to more than 10,000 active and aspiring social entrepreneurs as part of what publishing industry blog ThinReads called one of the more unusual ebookexperiments of the year.

We used our own start-up-to-scale-up method to publish The Social Entrepreneurs Playbook because the book is itself a social enterprise: it seeks to generate modest, self-sustaining revenues from book sales while helping social entrepreneurs start up their ventures with less risk and a greater likelihood of success while helping others.

The free ebook introduced readers to the first phase of testing a social enterprise start-up idea: defining the social problem and articulating the revenue-generating solution, developing a qualified advisory group, defining and segmenting a seed target population, identifying the most competitive alternative, and addressing the operating realties.

We invited readers of the free ebook to join the Social Entrepreneurs Playbook Advisory Group by taking a survey. This crowdsourced feedback helped shape the complete edition of the book, which you now have in your hands or on your screen: The Social Entrepreneurs Playbook: Pressure Test, Plan, Launch, and Scale Your Social EnterpriseExpanded Edition.

Nearly 300 readers joined the Social Entrepreneurs Playbook Advisory Group, many of whom are aspiring and active social entrepreneurs and philanthropists. Their ranks include founders, CEOs, executive directors, managing directors, and other leading social entrepreneurs and supporters. Members hail from for-profits and nonprofits and from all around the world. For a list of the advisory group members, see the Acknowledgments.

In addition to providing feedback on the free book, members of the advisory group shared where they were in the start-up process, what their biggest challenges were, and what they needed to know to be successful. The expanded edition you are now reading covers the issues that the advisory group told us are important. It includes the complete three-phase method for successfully testing, planning, and launching and scaling a social enterprise.

If you have read the free ebook, you will still want to start at the beginning of this book. Phase one has been expanded to include advice on setting revenue and social impact goals, how to navigate the inevitable sociopolitics, how to develop a strong concept statement, and more.

We wrote this book to share what we have learned over the past 12 years while working with social entrepreneurs. We want to broaden the impact beyond those we work with directly by assisting anyone devoting resources to helping the less fortunate, wherever that might be, in making a positive social impact and generating an income while doing so.

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