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In this insightful episode, we explore the innovative concept of social enterprise; a model that combines the noble intention of doing good with the practicality of sustaining a living. Host Sam Yeow is joined by Kim Lim, the Co-Founder of Pichaeats which provides food delivery services with dishes cooked by refugees. We discuss the unique challenges and opportunities that social enterprises face, highlighting how they balance profit and purpose while advocating for the causes they support.
Here’s what you will learn:
- Understanding the Social Enterprise model: We provide an in-depth look at this hybrid approach that merges business and karmic impact, explaining how it offers a sustainable way to give back to the community.
- The hidden challenges of social enterprises: We delve into the lesser-discussed challenges faced by social enterprises, including defining 'profit,' recognising different scales of impact, and their role as advocates for the causes they support.
- Balancing good and business: We explore the complex process of navigating the balance between purpose and profit in social enterprises, discussing strategies for success and long-term sustainability.
Listen to the inspiring story from ‘The Social Circle’ on ASEAN Speaks by Maybank.