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What is the hardest part of balancing your mission's sustainability and your mission's purpose?

To be forthcoming, I'm conducting some market research as part of a mission to better align for-purpose and for-profit incentives. I don't yet have a firm idea of what the product is going to be but would really like to learn from social entrepreneurs:

  1. What is the hardest part of making trade-offs between for-purpose and for-profit motives?

  2. Are there any frameworks or thought processes that helps guide decision making?

  3. What kind of circumstances leads up to the competitive trade-off?

Of the people I've talked to so far, common wisdom suggests that it's difficult enough to optimize for a single variable much less two or three i.e. incorporating your values vs. chasing profit, so it's best to not worry about it too much.

What do you guys think?

on August 25, 2020