I believe it is possible to do good while doing well at the same time. Hence, the start of this project.
Currently: I have a dream. I believe that life is more than just living for ourselves.
Goal: I want to make it big and impact the lives of others, creating jobs, benefitting others and be able to systematically fund other promising startups. We can achieve this by starting our own social enterprise.
Tentative game plan (process subject to changes):
1. Source for unique products that are not available in my country, through Facebook and other social media sites, and the news. If product is viable, obtain regulatory and legal approval, and obtain distribution rights to the product.
2. Target group: mass affluent home owners / new home owners looking to fill their houses with their desired, state of the art and fanciful gadgets and electrical appliances.
3. Hiring process: nterns will be hired to provide them a shot at entreprenuership. Core functions will be maintained by subject matter experts on a permanent role.
4. Insurance: Liability insurance will be sought.
5. Expected turnover time - 1.5 years
6. From year 3 onwards, 5% of profit margins will go towards a fund for promising businesses. Businesses will be funded according to their potential and cause.
7. Year 5 onwards, we look at helping other countries set up the same viable model to provide them with the skills to earn a living and improve their standard of living.
At the moment this is just a vision and I do know that actual plans may vary. Still the advantage of flexibility should work in our favour.