Chey Tae-won Quotes

By simply capitalizing on core strengths and knowledge, companies and entrepreneurs can engage in an emerging business model that will enable them to create - and demonstrate - real, sustainable social impact in society.

Today, 30-year-olds are becoming social entrepreneurs.

I've always known I've wanted to build companies that have a social impact.

Social entrepreneurs come from different backgrounds and are by and large, starved of capital. Such socialpreneurs must have extraordinary passion to follow their dreams.

It is time for corporate America to become 'the third pillar' of social change in our society, complementing the first two pillars of government and philanthropy. We need the entire private sector to begin committing itself not just to making profits, but to fulfilling higher and larger purposes by contributing to building a better world.

Increasingly, I'm inspired by entrepreneurs who run nonprofit organizations that fund themselves, or for-profit organizations that achieve social missions while turning a profit.

I am convinced that only by applying the values of an entrepreneur to philanthropy will you ever be able to meet the needs of the greatest number of people.

Social entrepreneurs are people who have amazing passion to do good.

If private-sector capital can be harnessed for social good, the potential to scale humanitarian solutions is vast.

While governments are not off the hook, the charity world needs to innovate and find new ways to attract outside investment to boost our social productivity.

Charitable involvement, social impact, and global responsibility have always been important at Bain Capital.

People have to understand that unless social enterprise is experimental, it will not succeed in making a difference.

It's time to re-think charity. It's time to give charity the big-league freedoms we really give to business. The fight for these freedoms must be our new cause, because without them, all of our causes are ultimately lost.

I don't run a non-profit. There are lots of non-profits in America - in Detroit, parts of Wall Street, etc. I run a not for profit. We're a business. The only difference is that instead of selling soap or sneakers, we sell hope and leadership.

The social entrepreneurs are governments' best friends.

I don't consider myself a social entrepreneur, but I'm thrilled to be doing good, if that's what I'm doing.

I think all philanthropy invests in product innovation, whether in a vaccine or a new kind of product of one sort or another, and I think we'll all continue to do that.

The life purpose of the true social entrepreneur is to change the world.

There's a lot of good that's done for society in building businesses, but it's also great to be involved in those things where you can be connected to the community, to the world, and think about how you can use what you're creating, both in terms of your personal skills as well as your products or services to do good things for others.

Engaging in social business is beneficial to a company because it leverages on business competencies to address social issues, involves one-time investment with sustainable results, and produces other positive effects such as employee motivation and improved organizational culture.

We donate time, expertise, and resources to a wide array of charitable and nonprofit organizations around the world each year through partnership initiatives that make a real difference in our communities.

Businesses need to proactively create models that make a difference in society and let everyone else use them, talk about them, emulate them - and build on them.

Social business lies in the spectrum of possibility between the traditional, profit-maximizing business, which directs little to no profit to doing good, and the traditional charity, which relies mostly on donations to sustain itself.

A social entrepreneur finds market-based solutions for change. Because without a market-based solution, without a sustainable solution, you go nowhere.

I have set up several businesses as social businesses, and I am a great believer that the power of business should be used for good.