Why I wrote book on social entrepreneurship

By Isaac OluFadeyibi, Ph.D., PMP.

As a professional trained in Nigeria and later relocated to the United States with experience in academia and management consulting, particularly from a developing nation, I am often deeply motivated to write a book on social entrepreneurship and innovation management because of my personal and professional experiences. Most entrepreneurs in developing economies operate in an environment where the business landscape is challenging, and opportunities are scarce to provide unique insights which drive passion for equipping others with the tools to create meaningful change.

Having spent years navigating the complexities of both academic research and practical business challenges, I see a need to bridge the gap between theoretical frameworks and their application in difficult contexts. My book titled “Social Entrepreneurship and Innovation Management: A Handbook for Business Leaders offers an opportunity to combine my knowledge and experience into a resource that speaks directly to those who aspire to build ventures in under-resourced settings, providing strategies and tools that are both practical and adaptable.

My background provides me with a solid theoretical foundation in management principles, innovation strategies, and entrepreneurship. Simultaneously, my experience as a management consultant equips me with practical insights into real-world applications, particularly in developing nations where systemic challenges like corruption, infrastructure deficits, limited funding opportunities, social inequalities, and bureaucratic red tape can stifle entrepreneurial efforts. The book serves as a guide to navigating these hurdles, offering tailored solutions that acknowledge the unique realities of operating in such environments.

Coming from a developing nation and presently resident and working in corporate America, I have witnessed firsthand the transformative power of social entrepreneurship in addressing systemic issues such as poverty, education gaps, and health disparities. These experiences instil a deep sense of responsibility to share knowledge that can inspire others to act. The book becomes a tool for empowering aspiring social entrepreneurs and innovators, particularly in underprivileged contexts, equipping them with the frameworks and strategies needed to drive change and overcome structural barriers.

In developing nations, the business environment is often characterised by volatility, resource scarcity, and institutional inefficiencies. Traditional entrepreneurial models may falter in these contexts, making innovative and socially driven approaches critical. This book addresses these challenges head-on, providing tailored insights into navigating regulatory hurdles, leveraging limited resources creatively, building resilient business models, and fostering partnerships that amplify impact. Whether it’s creating affordable healthcare models or leveraging limited resources creatively, the book highlights examples of resilience and ingenuity that resonate far beyond national borders. These stories are a reminder that impactful ideas often emerge from the most unlikely places.

A central motivation for writing this book is to inspire a new generation of leaders who see business not solely as a means of generating profit but as a tool for social good. My understanding of the critical role of education in shaping future leaders, particularly in regions where resources are scarce, and opportunities are unevenly distributed which may be relative with regards to developed countries’ business environment. By providing a roadmap for integrating social impact into entrepreneurial and managerial practices, my aim is to spark a movement of socially conscious innovators equipped to create meaningful change.

On a personal level, my decision to write the book stems from a desire to leave a legacy and contribute to the global discourse on social entrepreneurship and innovation management. My unique perspective, shaped by my historical knowledge of a developing nation’s business environment, offers fresh insights that enrich the broader understanding of these fields. The book serves as a testament to my dedication to advancing knowledge, fostering resilience, and inspiring hope in regions where entrepreneurship is often fraught with challenges.

Lastly, the book serves as a rallying cry for collaboration between developed and developing nations. By showcasing the potential of social entrepreneurship and innovation in challenging environments, I would like to encourage global stakeholders—investors, policymakers, academics, and practitioners—to support and learn from the ingenuity and resilience displayed in these contexts, while highlighting the mutual benefits of shared learning and partnership in building a more equitable and sustainable world.

Ultimately, this book is a labour of passion and purpose. It is driven by my firsthand understanding of the challenges and potential of social entrepreneurship in developing nations and also underserved communities of the developed business environment like the USA, Canada, UK, and a host of others. By sharing my knowledge, I hope to inspire others to take bold steps toward building ventures that not only thrive financially but also create lasting positive change in the world. This is a call to action for individuals to re-imagine what is possible, proving that even in the most challenging circumstances, innovation and impact can flourish.

BRIEF BOOK DESCRIPTION

Transform your leadership potential and drive impactful change within just months, even if you’re overwhelmed by the complexity of social entrepreneurship!

Do you need help finding clear direction amidst the evolving social entrepreneurship landscape? Has securing funding for your passionate initiatives left you frustrated and unsure of your next steps?

How can you balance social impact with profitability effectively while keeping sight of your mission?

Inside this handbook, you will uncover a step-by-step guide to transforming your innovative ideas into successful ventures while making a positive impact.

Here’s a look at what this indispensable guide offers:

•Clear roadmaps for developing and scaling social enterprises from conception to execution.

•Proven strategies to attract investor interest and effectively secure funding for your initiatives.

•How to build dual-value business models that balance profitability with social impact.

•It is an advanced leadership techniques that foster organisational change and innovation.

•Real-life case studies from diverse sectors illustrate successful social entrepreneurship stories.

•The latest global trends and challenges are affecting social enterprises worldwide.

•In-depth insights into corporate social responsibility (CSR) and its implications for today’s businesses.

•Essential practices for creating sustainable solutions that positively engage communities.

•Motivational success stories from entrepreneurs who’ve turned ideas into impactful action.

•Insights into integrating academic findings with practical applications for effectiveness.

•Practical exercises to develop your leadership and management skills.

•Insider tips to navigate different regulatory environments and cultural contexts.

•Strategies for measuring and demonstrating the impact of your social initiatives.

•An understanding of the evolving role of social innovation and its ecosystem.

•Interactive elements help you implement innovative solutions efficiently.

Whether you’re a seasoned business leader, nonprofit manager, student, policymaker, or investor aiming for purposeful change, this book arms you with the knowledge and strategy to transcend challenges.

This book which is on Amazon is on sale globally on book platforms and it will be launched in Nigeria and the West Africa sub-region book market in the first quarter of 2025.