Awarepreneurs - #297: Accelerated Social Change Through the Power of People with Tim Griffiths

🔖 Titles

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1. "Accelerating Social Change through Human-Centric Programs" 2. "The Evolution and Importance of Social Entrepreneurship" 3. "Supporting Social Entrepreneurs: Lessons Learned and Best Practices" 4. "Investing in Mission-Led Social Enterprise for Lasting Impact" 5. "Navigating the Nuances of Social Entrepreneurship Accelerators" 6. "Building Community and Inclusion in Social Entrepreneurship" 7. "Social Entrepreneurs Ireland: The Pioneers of the Irish Social Economy" 8. "Transforming the Social Economy: Opportunities for Growth and Impact" 9. "The Power of People: Collaborative Approaches to Social Change" 10. "Aligning Vision and Mission: The Key to Successful Social Entrepreneurship"

💬 Keywords

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brand, organization, well-trained staff, media buying operation, social entrepreneurship, advertising, One Foundation, Impact Team, Ideas Academy, Impact Program, Changing Ireland Accelerator Program, corporate supporters, individual donors, charitable foundations, program applications, events, human-first relationships, funding, transparency, integrity, empathy, positive community, entrepreneurship, challenges, business people, vision, mission, decision-making, partnerships, incubator programs, accelerators, traditional accelerators, marginalized communities, social capital, accelerated social change, inclusion, community building, program alumni, social economy, linear growth, exponential growth, growth opportunities.

💡 Speaker bios

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Tim Griffiths is originally from Dublin, Ireland, where he studied economics at University College Dublin. He graduated in the early 90s when Ireland was facing an economic recession, so he decided to move to London and worked for an advertising agency. Tim fell into the advertising industry by chance. He eventually got an opportunity to move back to Dublin and set up the agency there. They won the Diageo account, which was the Guinness account in Ireland, and had a successful run.

ℹ️ Introduction

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On this episode of Awarepreneurs, host Paul Zelizer speaks with social entrepreneur Tim Griffiths about accelerated social change through the power of people. Griffiths shares his journey from founding managing director of a multinational media buying operation to working in social entrepreneurship. They dive into the success of Social Entrepreneurs Ireland's approach, as well as the challenges facing social entrepreneurs due to a lack of understanding in incubator programs and a focus on profit maximization. Griffiths emphasizes the importance of human-first relationships and alignment of funding with the entrepreneur's vision and mission. They discuss the potential for exponential growth in the social economy and the need for increased support and investment.

❇️ Key topics and bullets

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Topic 1: Background of the Speaker - Worked on a brand in the past - Set up OMD, Irish operation of a multinational media buying operation - Started journey with social entrepreneurship
Topic 2: Social Entrepreneurs Ireland - Founded in 2004 by Declan Rhine - Team of 20 people with a main focus on the Impact Team - Programs include the Ideas Academy, Impact Program, and Changing Ireland Accelerator Program - Significant investment and generated excitement in the marketplace
Topic 3: Funding and Programs - Corporate supporters provide roughly a third of funding - Half of funding comes from individual donors - Remaining funding from charitable foundations - Programs receive roughly 400 applications per year - Events held to showcase social entrepreneurs' work and encourage corporate support
Topic 4: Core Values of Social Entrepreneurship - Human-first relationships are a core value - Stresses the importance of transparency, empathy, and integrity - Positive community has developed around the organization
Topic 5: Learning from Experience - Social entrepreneurs face similar challenges in early and advanced stages - Human-centric and individualized approach - Continually review and improve programs based on feedback from entrepreneurs - Supported by network of business people providing expertise and mentoring
Topic 6: Incubator Programs - Many incubator programs focus on economic value and profit maximization - Current approach does not put enough value on the mission-led aspect of social enterprise - Failure rate increases when social entrepreneurs join traditional accelerators or business development programs - Traditional accelerator approach does not align with complex social issues
Topic 7: Celebrating Accelerated Social Change - Every application is reviewed by multiple sets of eyes - Frustration with siloing in social entrepreneurship space - Inclusion and community building praised - Social Entrepreneurs Ireland's approach to engaging and involving program alumni is successful - Involving people in the process of creating change leads to a higher likelihood of support and donations
Topic 8: Growth Opportunities - Social economy is still new and has potential for exponential growth - Increased interest in social economy space is leading to growth opportunities in the future

📚 Timestamped overview

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02:26 Advertising to social entrepreneurship: a journey.

05:31 Declan Rhine founded venture philanthropy organization.

11:02 Human-centric approach and experience drive success.

13:57 Impact accelerators fail social entrepreneurs, research shows.

20:42 Social entrepreneurship and corporate involvement increasing rapidly.

22:37 Focus on vision to make right decisions.

26:41 Corporate, individual and foundation funding sources discussed.

32:15 Audio-only podcast highlights successful social entrepreneurship.

39:33 Social economy grows fast with entrepreneurs involved.

41:47 Flexible program support and community expansion plans.

46:11 Podcast welcomes listener suggestions, send ideas in.

🎞️ Clipfinder: Quotes, Hooks, & Timestamps

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Tim Griffiths 00:02:26 00:04:34

From Advertising to Social Entrepreneurship: "I guess over that last, whatever it is, 18 years since then, for various reasons, I was sort of slowly falling out of love with advertising and becoming more and more passionate about social entrepreneurship."

Tim Griffiths 00:05:31 00:09:14

Social Entrepreneurship Programs: "We also support people who are that little bit more advanced on the journey. And we've got a program that we call the Impact Program. And usually we pick five social entrepreneurs to go on that program. And these are people who have either given up their day job to focus on their idea full time or considering it, or quite close to doing so."

Tim Griffiths 00:11:02 00:13:57

Importance of Experience and Human-Centric Approach: "I think we've just learned over time and every year, even now, we're talking about our Impact program which we're going to launch in the second half of this year... So experience becomes a big part of it and it's not just our experience. We're very privileged in the fact that we have a wonderful network of the business community in Ireland who support us as well."

Tim Griffiths 00:16:36 00:19:00

The Importance of Mission in Social Entrepreneurship: "And therefore some of the decisions you're going to make in business are going to be driven by the mission and they're not necessarily the decision that you would have made if you were purely just focusing on driving profit and that economic value."

Tim Griffiths 00:20:42 00:22:32

The Increasingly Busy World of Social Enterprise: "Corporations are realizing that they need to play a much stronger role than they have done in the past in this space, and they're looking for opportunities to do that. And they're probably being very commercially driven and why they're doing it. And also people won't go and work for them because staff want to work for companies that they believe have a set of values that match theirs."

Tim Griffiths 00:22:37 00:24:38

Navigating the Social Entrepreneurship Space: "So in our case, if our vision is accelerated social change through the power of people, there could be somebody there who potentially might be willing to give us some funding, but maybe their criteria are different to our criteria. So yes, that funding might be very welcome, but actually it won't help us deliver accelerated social change."

Tim Griffiths 00:26:41 00:32:14

Funding Social Innovation: "It really is quite humbling to see the generosity of some of the people out there who support us and the faith that they put in, not just the social Entrepreneurs that we're supporting, but to the whole team here at Social Entrepreneurs Ireland."

Tim Griffiths 00:35:06 00:37:31

The Importance of Being Human Centric: "It's about respect and nobody likes to be excluded from something for any reason...So I think it's just having that sort of integrity and empathy and sort of human centric approach in everything that we do. And I think that's really important to us."

Tim Griffiths 00:39:33 00:41:38

The Potential for Exponential Growth in the Social Economy: "But you throw a social entrepreneur into that mix that enters the Zigs and the Zags in there, and by having the social entrepreneurs in the same way as the financial side of the economy means it just grows at a better rate and a faster rate... there's definitely opportunity for exponential growth in the sector."

Tim Griffiths 00:41:47 00:43:47

Social Entrepreneurship in Ireland: "But how we can manage multiple relationships at scale that become really meaningful, that are all focused on delivering accelerated social change to the power of people."

🎬 Reel script

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Hey guys, I'm excited to share what I learned from my latest episode on the Awarepreneurs podcast. I had the pleasure of interviewing Tim Griffiths, a social entrepreneur with over 19 years of experience in supporting changemakers. Tim shared his insights on the power of people to create accelerated social change and how social entrepreneurs can overcome the challenges they face. He emphasized the importance of aligning partnerships with your mission and vision, keeping a human-centric approach, and being transparent in communication. Whether you're a social entrepreneur, investor, or supporter, this episode is filled with valuable advice to make a difference in the world. So, go ahead and check out the full episode on Awarepreneurs to learn more! #socialentrepreneurship #impactinvesting #awarepreneurs #timgriffiths #podcastepisode #insights #businessinfluencer #changemakers.

👩‍💻 LinkedIn post

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In the latest episode of Awarepreneurs, host Paul Zelizer sits down with guest Tim Griffiths to discuss Accelerated Social Change Through the Power of People. Here are three key takeaways for listeners: - Social entrepreneurship is a rapidly growing field with more players and support systems emerging every day, but it is still not enough. - The success of a social enterprise relies on human-centric relationships and needs to align with the vision and mission of the organization for it to thrive. - Accelerator programs that do not understand the nuances of working in marginalized communities have a higher failure rate, and it is crucial to involve people in the process of creating change to get support and donations. Join the conversation and learn more about the power of people in creating social change. Tune in to the latest episode of Awarepreneurs today! #socialentrepreneurship #awarepreneurs #socialchange #impactinvesting

🗞️ Newsletter

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Dear listeners, We hope this email finds you well. We are excited to share with you the latest episode of the Awarepreneurs podcast titled "Accelerated Social Change Through the Power of People with Tim Griffiths." In this episode, our host Paul Zelizer talks with Tim Griffiths, who has dedicated his career to social entrepreneurship. Tim shares his journey into this field, starting from his experience working on a brand with impressive organization and well-trained staff to eventually switching careers from advertising to support social entrepreneurs. Tim is also the founder of Social Entrepreneurs Ireland, an organization that supports social entrepreneurs by providing various programs and funding opportunities. They have even received investment from corporate supporters like DCC, Bank of America, Kennedy Wilson, Google, and TSB, as well as individual donors and charitable foundations. Throughout the episode, Tim emphasizes the importance of having a human-first approach in social entrepreneurship, the need for transparency and integrity in communication, and the development of a positive community around the organization. He also discusses the challenges that social entrepreneurs face in their early startup and advanced acceleration stages, particularly when it comes to traditional accelerator approaches focused on VCs and rapid growth. Tim's organization tries to reimagine its incubator programs to account for the duality of social enterprise and the importance of both the economic and mission-led aspects. Lastly, Tim shares his thoughts on the potential exponential growth of the social economy and the future opportunities it may bring. We hope you enjoy listening to this episode and gain valuable insights from Tim's experiences. Don't forget to subscribe to the Awarepreneurs podcast for more inspiring stories from social entrepreneurs. Best regards, [Your Name]

🧵 Tweet thread

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Thread time! 🎉 Today's topic is all about social entrepreneurship and the power of people to create change. Here are some key takeaways from a recent podcast episode: 1/ The speaker worked in advertising before becoming passionate about social entrepreneurship and making the switch. They saw the impact of a well-organized and trained staff while working at a brand in the past. 2/ The organization they now work for, Social Entrepreneurs Ireland, was founded in 2004 with a focus on investing in social entrepreneurs through the Impact Team and various accelerator programs. 3/ Around a third of funding comes from corporate supporters while around 50% comes from individual donors, and remaining funding comes from charitable foundations. 4/ The organization reviews hundreds of program applications each year and holds events to showcase the work of social entrepreneurs and bring together their alumni. 5/ The speaker emphasizes the importance of having a human-centric approach, respecting and investing funding accordingly, and being transparent in their communication. 6/ Social entrepreneurs face similar challenges in their early startup and advanced acceleration stages. A network of business people provides financial support and expertise for the entrepreneurs. 7/ Traditional accelerators or business development programs may not understand the nuances of working in marginalized communities. The speaker's organization reimagines its programs to account for duality of social enterprise. 8/ The speaker celebrates accelerated social change through the power of people. Social Entrepreneurs Ireland reviews every single application with the power of 5 to 20 sets of eyes. 9/ Involving people in the process of creating change leads to a higher likelihood of support and donations. The social economy is still new and has potential for exponential growth. 10/ With the increased interest in the social economy space, there will likely be many growth opportunities in the future. Keep an eye out for the next big social entrepreneurs, folks! 🚀

❓ Questions

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1. How did Tim Griffiths's previous experience in advertising and media buying inform his approach to social entrepreneurship? 2. Could you identify the core values that Tim Griffiths highlighted as key to their work at Social Entrepreneurs Ireland? Why do you think these are important? 3. Why is it essential for social entrepreneurs to have a clear vision and mission? How does this help guide decision-making, including choosing partners? 4. In what way does Social Entrepreneurs Ireland differentiate itself from traditional acceleration programs? How does it understand the nuances of working in marginalized communities? 5. From Tim Griffiths's perspective, what is the role of "people-driven" relationships in creating social change at scale? 6. How does Social Entrepreneurs Ireland perceive partnerships with corporate supporters or investors? 7. According to the speaker, what is the potential impact of social entrepreneurship on the economy? What role does the social economy play within the broader economic landscape? 8. Could you discuss an example of an organization that has successfully engaged and involved their social entrepreneurship program alumni? What makes this approach effective? 9. In what ways can social entrepreneurs balance the financial bottom line with their mission-driven approach? 10. What can we expect in the future for the social entrepreneurship space based on the increased interest from government and related stakeholders?

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