Introduction to Entrepreneurship
Hey readers, I’m glad that you’re here again! It’s been a busy week for me and I think I’m finally fully updated about all the Enactus activities, missions and visions. About that, Wow! Really wow! It’s amazing how so much youth power is involved in many enterprises, small ones as well as larger ones. Once again, I’m very happy that I’m following my internship at this association because I really can feel their passion and power when they talk about their achievements and future perspectives.
I’ll give a very short summary about the activities that I participated in this week and then I’ll quickly say something about the mindset of Enactus regarding policies and exit strategies. Last Saturday I went to the start event of Enactus Nederland, which really was awesome! I realized how big this Enactus community actually is with over 60 000 students divided among 36 countries, who together established 6500 projects worldwide! Overall, it was a very interesting day in which I learned new things from two workshops I participated in and got the chance to network with new people.
Yesterday (Thursday) I joined an Enactus VU team meeting, where I got a nice picture of the ongoing Enactus VU activities and furthermore followed a workshop about social enterprising.
Today, together with my two classmates, we had an appointment with the project manager of Enactus VU, whereby we discussed the challenge a little bit further. We came to the conclusion to gather information for next week about societal and environmental problems especially in Amsterdam so we can link those issues in our new project. After we talked about the challenge I asked the project manager how policies are involved in Enactus. A very short but powerful answer was given which stated that as a social enterprise they don’t want to be dependent of policies, and next to that if they really are successful they actually wouldn’t need any subsidies etc. because they still are an enterprise.
The exit strategy of Enactus actually was always the same. If during a project it seems that this project is not sustainable and therefore needs more money input than output, they immediately stop this project because it only leads to loss and as an enterprise this would mean that they have failed. If a project is very successful however, the used exit strategy is to transfer the business to leaders who mostly are involved in this project from the beginning and could benefit from it (money is not meant).
I see that I’ve said a lot this time but yeah, a busy week means a long blog!