• S1E6: Excelling as a Social Enterprise: Balancing Impact and Growth

  • Jun 25 2024
  • Length: 1 hr and 4 mins
  • Podcast

S1E6: Excelling as a Social Enterprise: Balancing Impact and Growth

  • Summary

  • Social entrepreneur meets seasoned entrepreneur with over 30 years of success.

    In this episode, Vivian Lee, founder of Go!Mama, sits down with Hugh Mason, CEO of JFDI.Asia to explore how social enterprises can maximise their social impact while facing the ever-present challenge of scaling. They dive deep to understand the importance of a strong community relationship, strategic partnership and the current landscape of social entrepreneurship. Tune in to learn more about how social enterprises can leave a positive social impact and at the same time thrive in the current business environment.


    IN THIS EPISODE

    (00:23) Social entrepreneurship in startups & differences with traditional entrepreneurship

    (02:38) GoMama’s social impact & it’s success

    (06:40) Discussing maximisation of social impact & ensuring business sustainability

    (15:00) Challenges of building a sustainable business model & how to overcome it

    (25:49) Importance of strong relationships with your community

    (35:21) Role of strategic partnerships in amplifying social impact & scaling

    (38:10) Importance of an advisory board

    (44:01) Changes in social enterprises with technological advancement

    (51:46) Advice to aspiring social entrepreneurs about the key to success

    (01:00:55) Improvements for current landscape of social entrepreneurship


    Hugh Mason | Mentor in Residence at NUS Enterprise

    Hugh Mason is an entrepreneur focused on education and health and a doctoral candidate at University of Canberra researching pivoting in new venture creation.

    Successfully started and built a privately held Venture firm specializing in agile innovation with entrepreneurs and enterprises in Asia. Grew a portfolio of over 70 technology startups collectively valued over $450m, now in the harvest phase, returning 29% IRR. Hired to boost the innovation capability of enterprise clients such as Google, Facebook, Fonterra, Konica Minolta, BOSCH, Munich Re, UBS, NUHS, and their partners. Led 400+ startups and 1,500 entrepreneurs from over 80 countries through transformational strategic design and innovation programs over the course of seven years while building an international network of Fortune 500 mentors. Matched 10k+ new innovators and entrepreneurs to new investment and business opportunities by setting up and delivering 250+ events with key business partners. Created scalable processes and metrics to deliver rapid, low-cost business model innovation in a multidisciplinary, multicultural context, managing a team working across multiple countries.undergraduates to explore a career in teaching.

    Vivian Lee | Co-Founder & CEO of GO!MAMA

    Vivian is the driving force behind Go!Mama. She believes every mother deserves the right and support to provide the best start for her child and is deeply passionate about addressing the unique and underrepresented challenges faced by them everyday.


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