Twitter Roundup: May 13 – The necessity of failure, crowdsourced projects and microconsignment
Buff up your to-read list with this community-generated list on EchoingGreen of books every entrepreneur should read. It’s a diverse mix of economics, inspirational fiction, biography, and case studies.
Though not all organizations – particularly risk-adverse nonprofits – see the value in failure, it’s a crucial step in the path to innovation, according to Erica Williams writing for the Harvard Business Review. Williams created her own innovation incubator after seeing how hard it was to “change the game” in the nonprofit world.
Check out this inspiring video on Forbes.com about the Brent Freeman, CEO of Roozt, an online platform to shop from socially-responsible businesses. Freeman is teaching the social entrepreneurship model in a low-income community high school in order to help the next generation of leaders get a head start.
Mashable has put together a few interesting examples of crowdsourced projects, complete with videos that bring the endeavors to life before your eyes. From neighborhood problem-solvers to volunteer-finders to global microlending, crowdsourcing is definitely transforming social entrepreneurship, as we’ve reported here with our roundup of crowdsourced funding sites.
Brett Smith blogs at Forbes.com about the “microconsignment” model, which engages communities at the BoP (bottom of the pyramid) in distributing and selling products that bear social impact.
What’d we miss? Let us know in the comments or find us @dowserDOTorg.