Income Reengineering is Social Entrepreneurship applied on a Large Scale?

First, let’s start with learning about Social Entrepreneurship

 

 

 

Here’s are the key summary points from these videos:

 

  • Social entrepreneurs have innovative ideas to solve the world’s worst social problem.

 

  • Social entrepreneurs create products, systems and solutions to help change people lives.

 

  • Social entrepreneurs are change agents and disrupters relative affecting social change.

 

  • Social entrepreneurs apply business and capitalistic principles to affect large scale social change and/or solve large scale social problem.

 

Next, let’s review the thinking around Income Reengineering and the associated Income Reengineering principles and processes. As you review this, you will see how Income Reengineering is social entrepreneurship applied on a large scale.

 

Income Reengineering Principles and Processes

Let’s start with a few key definitions

 

Income Reengineering Vision

Eliminate paycheck to paycheck dependence on a large scale and shift employee thinking and focus away from just earning a paycheck to running their own business under the roof of employers with the support of employers. The resulting workplace compensation model is called the Empowered Employee Compensation Model (EECM). The EECM replaces hourly wages and salaries with ten (10) new income resources and benefits with the potential to usher in a 3-fold increase in the aggregate standard of living for both employees and employer

 

The Income Reengineering Process

The Income Reengineering Process is the real time, collaborative and interactive economic research into how to apply the internet and other information technology to aggressively and systematically integrate entrepreneurship and wealth focused principles, processes and compensation models into the mainstream workplace to the point where we make the Income Reengineering Vision a reality in the mainstream workplace.

 

There are many details feeding into Income Reengineering principles and processes. But, for the sake of this discussion as to why Income Reengineering is social entrepreneurship on a large scale, these top level definitions are all we need

 

How does Income Reengineering and Social Entrepreneurship Compare?

Here’s direct one for one comparison:

 

  • Social entrepreneurs have innovative ideas to solve the world’s worst social problem. In an economy where the middle class is decreasing and the gap between rich and poor is rising, Income reengineering introduces innovative ideas to address this social problem on a large scale. Large scale meaning we integrate entrepreneurial and wealth building thinking and processes into the mainstream workplace, which could, over time, lead to a 3 fold increase in the aggregate standard of living.

 

  • Social entrepreneurs create products, systems and solutions to help change people lives.  The Income Reengineering process represent the strategic application of the internet and other information technology and systems to help change people lives.

 

  • Social entrepreneurs are change agents and disrupters relative to affecting social change. To conduct the Income Reengineering process, we will bring on and/or motivate thousands of individuals, entrepreneurs and professional to become change agents as they contribute professionally to operations.

 

  • Social entrepreneurs apply business and capitalistic principles to affect large scale social change and/or solve large scale social problem as opposed to relying on the non-profits or foundations.  Income Reengineering principles and processes apply unique and specialized crowdfunding solutions to fund and grow operations.  However, unlike traditional crowdfunding, which is often donation oriented, those who crowdfund have a financial stake in the growth and expansion of  operations.

 

From this, you can see that Income Reengineering is social entrepreneurship on a large scale

 

A Call to Action for Social Entrepreneurs and Change Agents

Income Reengineering is an economic research campaign in the infancy stages of development.  To this end, we are always looking for social entrepreneurs, change agents and entrepreneurial minded individuals to contribute professionally to research effort.  If interested, learn more about Income Reengineering and the associated economic research here.

About Dwight Chestnut 5 Articles

Dwight B. Chestnut is an ex-engineer turned business consultant and entrepreneur. His core focus and passion is developing, introducing and teaching Income Reengineering Principles and Processes to the general and business public.

Contact: Website

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