Brian is the Managing Partner of Profound Ventures
As a Social Impact Investor, Brian Meshkin
Brian has been the Managing Partner of Profound Ventures in Newport Beach, California, since 2018, and a Venture Partner at Cancer Fund in Phoenix, Arizona, since 2021.
Brian and the team invest in and help find initial money for for-profit firms that do good in the world. They also construct the infrastructure for running the business (finding CEOs, researchers, and board members) and find partners for enterprises as they grow.
Flint Rehab, the world leader in gamified neurorehabilitation for stroke and traumatic brain injury victims; Acellus, the nation's leader in providing behavioral health services for injured workers to help them get back to work; Tasso, which has developed a novel "Easy Button" blood collection device to enable lab test specimens collected at home; and Neuraura Biotech, which has a next-generation brain sensor t
Brian has also worked with other telehealth firms, including BlueStar Senior Tech, Fruit Street Health, Monj, and others. In 2020, these companies raised more than $50 million in follow-on finance, and in 2021, they raised more than $100 million.
Brian is a Venture Partner with Cancer Fund, a new social impact early-stage fund for technology to benefit cancer patients, and he co-founded HeartInvestors, a podcast to inspire others to be social impact investors that is accessible on Spotify, Google, and Apple Podcasts.
Examples of Covid-19 Social Entrepreneurship Ideas for Students.
You may experiment with a variety of social entrepreneurship concepts. If you want to start a company that supports a cause or underprivileged people, you'll need to think outside the box and start your own social enterprise. It's critical to start modestly, and you should do it in a neighborhood you know well. This will allow you to concentrate on the issues of your local community rather than those of a distant one. The first step in starting a social enterprise is identifying a problem. Do you, for example, wish to fix an issue that affects the poor?
Brian Meshkin revealed that recycling textbooks is another excellent social business concept. Many institutions provide discounted textbooks to students the following year. Profits from these social enterprises are utilized to fund students from developing countries. The social businesses are cost-effective since the earnings from their sales pay the expenses of operating them. These businesses have already aided over 15,000 impoverished students in underdeveloped nations. The greatest aspect is that their efforts have resulted in a really favorable outcome.
Some nations, for example, still share a single book with youngsters. Creating a community library or reading club for children may benefit the youngsters in your town. There are several excellent social entrepreneurship concepts in this field. When coming up with your own ideas, keep these examples in mind. You may check at these firms if you're interested in this sort of company. They can be effective if you can make them work for the people you serve.
To make a social entrepreneurship concept work, you must first do research on your target population. You should be aware of what the community need and desires. You could also wish to learn about the present circumstances in the region where you're working. Only then will you be able to design a solution that fits their requirements and is universally accepted by the community. Makana Eyre, for example, worked on a project in Cairo to teach women to be entrepreneurs.
Ideas for social entrepreneurship may address a broad variety of societal challenges. Begin with a basic purpose to ensure the success of your social company. TOMS, for example, began with a humble aim of distributing shoes to impoverished children. They quickly grew, and now they provide 20,000 school meals every day. Revolutions Foods serves ice cream and offers advisory services in addition to offering a nutritious dinner.
According to Brian Meshkin ideas for social enterprise may also benefit the environment. You may create a company that provides a pair of shoes to a poor kid for every pair of shoes sold. Not only will this enhance your sales, but it will also benefit your neighborhood. A social enterprise with a monetary motive will be successful. You can launch a charity to serve the world if you have a solid business plan. You may utilize your company's income to benefit others.
Ideas for social entrepreneurship may be applied to almost any sort of company. If you own a bakery, for example, you may give leftover flour to a neighboring food shop. This is often used by social entrepreneurs to give back to their communities and assist families. You are also assisting people in need by giving your items to charity. You're doing good while growing your bottom line in this manner. More social entrepreneurship is needed in the world, so you may satisfy your socially aware clients while also doing your bit.
Another social entrepreneurship concept is to capitalize on a waste issue. We throw out a lot of food and aren't always aware of where it's gone. This is where social entrepreneurship enters the picture. You may donate your revenues to charity. Giving back is another way to give back to your community. The advantages of these social entrepreneurship concepts might be enormous. Many people's lives can be improved by these sorts of enterprises.
Brian Meshkin pointed out that many social entrepreneurs begin with their personal ambitions and wants, but the most successful do so by utilizing their assets. It's critical to get to know the individuals you're attempting to aid while starting a social venture. If you don't know the community you're attempting to reach, you'll almost certainly run into obstacles that are insurmountable. The finest social entrepreneurs understand the needs and culture of the community they are attempting to assist.