In an earlier blog post, I defined business as some sustainable activities that will benefit the community, not only the customers only. Since this is not the common definition, in recent years a new term, social entrepreneurship, has become popular that matches closer to my definition.
I feel this is a good development and hope that this model will overtake the typical profit orientated models/concepts of business. When the main purpose is profiting, then many people would do illegal, immoral, detrimental activities if profit can be gained. In my definition, business activities are inherently beneficial to others.
Also, becoming more desired are green activities due to the love of our home, the Earth. In a world where there are still many profit centered businesses, it is helpful to have a popular theme where social entrepreneurship businesses can focus on to achieve, at the minimum, sustainability.
If interested to know more about the successful businesses that have been started by many visionary social entrepreneurs, check out the social entrepreneur blog that aims to empower green and social entrepreneurs.
By the way, businesses are also getting smaller with the advancement of technology. Home business should be suitable for many people to start out from, and I might be interested in this upcycling idea.