Answer the following questions.

1. A Social Enterprise is a business whose purpose is to change the world for the common good.
a. Define success for a Social Enterprise

b. Describe three reasons a Social Enterprise might fail to achieve success

2. A Social Enterprise can be organized as either a traditional “for profit” firm or it can be organizes as a “non-profit” (or “not for profit”) firm.
a. When would a non-profit structure be the better legal structure for the enterprise?

3. Having a well thought out business plan is important to any business enterprise.
a. Describe one benefit of having a business plan as a Social Enterprise.

4. A financially healthy Social Enterprise is better able to accomplish its purpose.
a. Is a large profit margin good or bad for a Social Enterprise? Why or Why not?

5. To build a great team, a Social Enterprise requires skills, passion, and commitment in its workers.
a. Discuss which of these three is more important to the long term success of the enterprise.

6. “You get what you measure” is a typical business concept.
a. Briefly discuss how this concept applies to a Social Enterprise in achieving its common good purpose.

21 Laws of Leadership

1. Select the Law that you are strongest in.
Describe your interpretation of the Law
Discuss your strengths – why do you feel strong in this trait? An example would be good.
What will you do to leverage your strength in the short and longer term?

2. Select a Law that you are weaker in.
Describe your interpretation of the law.
Discuss your weakness as you perceive it.
What could you do / how and what would improve your leadership ability in this area?
What will you do to improve or mitigate your (perceived) weakness?