by Patrick Liew on August 16, 2019

Social enterprises must also be feasible businesses.

The challenge with many social enterprises is that they are overly focused on their social bottom line at the expense of the financial bottom line.

They must realise the importance of operating a feasible business model — one that can leverage on the strengths of the entrepreneurs.

To succeed, they cannot rely on special support from the authorities and non-government organisations.

Such a mindset may lower their desperation quotient and erode their fighting spirit.

These qualities are imperative to overcoming the unforgiving forces of the market.

Like traditional enterprises, they must identify, anticipate and satisfy customer needs, and do so competitively.

They must take responsibility and learn how to overcome challenges in the marketplace, including high rental and manpower shortage.

All businesses face these challenges.


I hope this message will find a place in your heart.

By the way, I have also recorded other reflections.

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