Egypt's golf chief Omar Hisham Talaat elected to Arab Golf Federation board    Egypt extends Eni's oil and gas concession in Suez Gulf, Nile Delta to 2040    Egypt, India explore joint investments in gas, mining, petrochemicals    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egyptian pound inches up against dollar in early Thursday trade    Singapore's Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    UN warns of 'systematic atrocities,' deepening humanitarian catastrophe in Sudan    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Egypt's TMG 9-month profit jumps 70% on record SouthMed sales    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Becoming an Egyptian social entrepreneur
Published in Almasry Alyoum on 19 - 04 - 2011

Social entrepreneurs are people who have a strong passion for helping others and the organizational skills to turn this passion into a project, a company... or even a movement. For Ehaab Abdou and Iman Bibars, however, social entrepreneurship has become a way of life.
The two assembled a group of socially active and passionate people to discuss Abdou's latest project, a “how to” book for the budding social entrepreneur entitled A Practitioner's Guide for Social Entrepreneurs in Egypt and the Arab Region. In the same spirit as Trump University Entrepreneurship 101 by Donald Trump and The 4-Hour Workweek by Timothy Ferriss, Abdou assembled his know-how and put together a step-by-step manual for planning out a successful NGO or “citizen sector organization” and becoming what the organization Ashokahas called a “change maker.”
Bibars, a member of Ashoka Global's Leadership Group as well as one of the initiators of Ashoka Arab World, spoke a little about Ashoka, an organization that seeks to aid social entrepreneurs. “One of the most important challenges is to build a bridge between the business and social sector,” explained Bibars. “We must educate the business sector about the social sector so that the business sector in this part of the world starts investing more in the social sector.”
Abdou is also a member of Ashoka and a founder of Nahdet El Mahrousa, Fathet Kheir and the Ana Masry band. A lively and informative summary of Abdou's publication ensued in which he emphasized the importance of knowing yourself as well as your project. “You have to be aware of your weaknesses in order to better choose your team mates to fill in where you know you cannot,” explained Abdou. “I know I'm a great at the start up; I can motivate people and get ideas flowing.” But Abdou is also aware of where he may require help. “I'm not as good with continuing the project later on,” he said.
Abdou was also adamant about the necessity of “being extremely passionate about your goal or else risk losing interest.” Abdou believes that if you are motivated by the trendy-ness of social work or by a cause that “all your friends are into,” you will not have the willpower to become a successful entrepreneur.
A number of audience members had questions about their projects and the logistics behind them. Bibars expressed concern for the financial welfare of social projects. The issue of fund raising gave Abdou the opportunity to hand the microphone to Raghda al-Ebrashi, founder of Alashanek Ya Balady, and the 2009 winner of the King Abdullah II Award for Youth Innovation and Achievement (KAAYIA). Ebrashi's work has been in development and her advice about being able to sustain financing was concise and concrete. Ebrashi offered three different strategies for ensuring sustainable funds: the mission centric strategy, the related strategy and the unrelated strategy.
Mission centric strategy: This strategy involves using your core program to generate revenue -- for instance, charging the private sector for training and coaching employees with vocational diplomas.
Related strategy: This strategy means training the employees with vocational diplomas for free but raising funds by providing programs to private businesses for money.
Unrelated strategy: Once again, if you are training the employees or attendees with vocational diplomas, you could open a side business like a dry cleaners or a photocopy stand to produce income for the organization.
“The guide is a living document,” says Abdou about his publication, and all the same, structurally it is a great source for the social entrepreneur in the making. If social entrepreneurship is in your agenda or if you, as Abdou says, “can't sleep at night because you are obsessing about a specific social problem,” then maybe social entrepreneurship is the path for you.
Published by the AUC Gerhart Center for Philanthropy and Civic Engagement in October 2010, the book is available at: http://www.aucegypt.edu/research/gerhart/Documents/Practitioner%27s%20Guide.pdf


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