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Tonight, three of our group member(Eric Jensen, Xiang Xiao, Wenbin Zhang) participated in a inspiring social entrepreneurship event held by SE forum, in Impact Hub office.

Event link: http://se-forum.se/2014/09/26/invitation-se-bar-story-shifo-every-child-counts/

The founder of a 12-month old social enterprise—Shifo (shifo.org) shared his great story with as.

The management part is quit innovated and the business model attracted lots of concern.  Before and after the presentation by SE forum presenter and the founder, we got the chance to mingle with other people who also have strong interest or rich experience in social entrepreneurship. I got the chance to talk with the Startup’s field technical support who has the hands on experience in the target region. After experienced and discussed their system called WeChild, I realized there are lots of unpredictable issues when implementing in such a unknown place. Entrepreneur should always prepare for the worst situation and be aware of the upcoming challenge.

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7 Thoughts on “Attended entrepreneurship event in SE forum

  1. Avatar werner on October 16, 2014 at 1:51 am said:

    Seems like a nice event! I’m interested in social entrepreneurship but I have never heard of Shifo. I looked at their website which says 100% of donations through Shifo go directly to their cause. It also seems like all their operational costs are covered by angel investors. Did they say anything about their business model? Can covering operational costs with angel investments really be sustainable?

    • Avatar Eric Jensen on October 16, 2014 at 1:05 pm said:

      Shifo was new to us aswell. It was mostly people from KI that were running it .yep they made a big point of being fully transparent, showing all costs so that you can see that 100% goes to the cause.
      I understood that they lived of angel investors for the moment but that they were looking into alterativs to make it sustainable, i.e. if there were costs savings by using their system.

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