The Purpose-Driven Social Entrepreneur

Born to immigrant parents, raised by a single mother, and astutely navigating the streets and his inner-city public schools, Karim won over a quarter million dollars in scholarship and aid to attend and graduate in the top 10% of his ivy league university. Upon graduation, he turned down his Wall Street job offer to commit his life to educational equity. At 18, Karim founded Practice Makes Perfect (PMP) to level the playing field over the summer for kids growing up in disadvantaged neighborhoods just like him. In the two years after college, Karim and his team raised over $2 million from some of NYC’s most well-respected philanthropists – including the Rockefeller, Tisch, Mailman, Sackler, and Ackman families – all before turning 24 years old. At 23, he was named to Forbes’ 30 under 30 list in Education and at 25 he was ranked in the top 5 most influential entrepreneurs under 25 in the world. Karim is a 2017 TED fellow, a 2014 Global Good Fund Fellow, and a 2013 Echoing Green Fellow.

• Publisher ‏ : ‎ Indigo River Publishing (January 15, 2021)
• Language ‏ : ‎ English
• Paperback ‏ : ‎ 178 pages
• ISBN-10 ‏ : ‎ 1948080699
• ISBN-13 ‏ : ‎ 978-1948080699
• Item Weight ‏ : ‎ 8.6 ounces
• Dimensions ‏ : ‎ 6 x 0.41 x 9 inches

An introspective look at building a startup with long-range vision.

Entrepreneur Abouelnaga’s perspective on startups has the implicit message that if you do what you love as a career, you’ll not only become wealthy, but also “improve the world.” His latest book looks with fresh eyes at how an entrepreneur’s mindset can help or hinder a startup, and it examines the difference between passion, which initiates a goal, and purpose, which, for him, entails a sense of moral obligation. Abouelnaga, a former Forbes columnist, writes in a pleasant, no-nonsense style, taking readers through his comprehensive, easy-to-follow program built around six key, introspective questions. The answers are sure to help readers assess whether their vision is tenable and whether deeper examination, or a course change, is needed before jumping in. Early chapters focus on each question individually: “Why is this important?,” “Why is this important to me?,” “Why am I the right person to be doing this?,” and so on. The author significantly delves into what he calls the overriding element: Does the venture have enough scope and significance to pass a “requiring help test”? In practice, this means that one must determine whether one’s idea will have a broad impact on society. Abouelnaga goes on to helpfully note that his own purpose in forming his organization, Practice Makes Perfect, was to help disadvantaged students. But he realized that in order to meet his big-picture goal-creating a more equitable society-he would need the support of other people. The book builds upon its own ideas, and it’s best read as a whole, but the chapters are so neatly focused and streamlined that each manages to stand well on its own. No matter what way one chooses to digest the information, it will certainly be of value to businesspeople at all levels of experience.

A useful manual aimed at socially conscious entrepreneurs.

“The Purpose-Driven Social Entrepreneur is worth your time whether you are new to social entrepreneurship or an experienced hand.” – Carrie Rich, CEO of The Global Good Fund

“Youthful idealism is transformed into meaningful impact in this succinct, personal, and powerful distillation of key lessons for leaders who seek to build transformative social enterprises. Karim’s insights will resonate with experienced entrepreneurs and reverberate with novitiates as they navigate from idea through execution.” – Thane Kreiner, Ph.D., former Executive Director of the Miller Center for Social Entrepreneurship at Santa Clara University

“In The Purpose-Driven Social Entrepreneur, Karim shares some of the keys to and lessons learned about his success at such a young age: understanding your passion and path is as important as executing relentlessly for social impact. This insightful book is replete with vivid examples, inspirational tips and practical advice on the inevitable fits and starts fledging social enterprise organizations face, including the challenging decision to convert his nonprofit organization to a benefit corporation. Karim’s journey navigating the intersection of purpose, business and social impact is sure to become a go-to case study not only for emerging social entrepreneurs but all those searching for meaning in work and in life.” – Cheryl Dorsey, President of Echoing Green