Our communities and world face many challenges. Hunger, poverty, racism, climate change, and health are some of the social problems we face. As private citizens, we can let governments, foundations, and non-profits solve these problems. We can donate our time and money to play our role in solving some of these problems. But what if we can play a larger role through businesses we develop and grow? What if private businesses are in a unique position to counter some of the problems we face today?
In the past 4 months since April, many of our social problems have come to light. The coronavirus pandemic and the shut down of a lot of the economy have caused:
12 million people to lose their jobs
an unemployment rate of 11.1% as of June 2020 (compared to 3.5% in February)
people feeling the need to stay home as the death toll from the virus passed 100,000 in the United States
20 million renters without the income to pay rent to face eviction at the end of September