Kevin Lynch has been a social enterprise leader for the past 20 years. He started his career working in the advertising agency business. Following a spiritual re-awakening in 1994, he shifted the ad agency that he founded to a social mission, and never looked back. He then became President of Rebuild Resources, a nonprofit social enterprise helping recovering addicts and ex-offenders with transitional employment and other services. He was CEO of Social Enterprise Alliance, a membership association for the social enterprise sector in North America. He is the author of 'Mission, Inc: A Practitioner's Field Guide to Social Enterprise,' a practical approach to social enterprise for both newbies and veterans alike.
In this interview, Kevin offers a different take on the state of the social enterprise sector. He discusses some inherent issues in our capital system, which detracts from funding truly impactful nonprofit organizations. He also discusses some of the confusion surrounding the emerging Benefit Corporation structure and the B Corp certification mark, and how it can adversely effect nonprofit funding. Kevin also addresses the Privilege Economy, a subject of his previous essays.
HIGHLIGHTS OF THE SHOW:
In this interview, we discuss:
- The myth of our economy being built upon hard work and perseverance. (3:15)
- Invisible Capital: human & social capital which extends from our natural backgrounds. (5:00)
- What is the Privilege Economy, and how philanthropy is a good antidote to it. (7:00)
- The potential problems and pitfalls of the hybrid structures, and why we should be curious. (13:00)
- The need to return our focus to organizations providing impact, above all else. (31:30)
- Advice for aspiring social entrepreneurs, and staying true to yourself. (45:45)
THOUGHT OF THE DAY:
"Are philanthropists giving until it hurts, or just until it feels good?"
LINKS AND RESOURCES MENTIONED IN THE SHOW:
- Mission Inc.: The Practitioners Guide to Social Enterprise (on Amazon)
- Huffington Post article on The Privilege Economy.
- About Rebuild Resources.
- About Social Enterprise Alliance.
- 'The Warmth of Other Suns' book recommendation.
THANKS SO MUCH FOR LISTENING!
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