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Plus, hear from +35 successful 4th Sector Entrepreneurs whom we interviewed as research for the book.Get the book on Amazon
Reason behind the book
One of the few things that people can agree on at a time of so much fractious debate is that our society is faced with a host of what can at times seem insurmountable problems. Innovation is essential to find the solutions
We believe there is a need to recognise a 4th Sector of the economy, where the enterprise of business mixes with the sense of service of government and the compassion of not-for-profit to create an exciting space where innovation for substantial social good can truly thrive.
That’s why we believe it’s time to start talking clearly, coherently and consistently about a 4th Sector of the economy, but crucially one that is defined more by the attitude and intent of its leaders and their organisations as any legal definition or structure.
Individuals who exhibit a relationship with money that clashes with traditional commercial entrepreneurship; a restlessness that makes them ill-suited to the public sector; and a willingness to embrace risk to achieve their aims that clashes with the charity sector.
However, these attitudes which make them distinct can also result in a frustration of not being understood and a feeling of isolation by not fitting in.
In defining a 4th Sector, a checklist of attributes emerge which 4th Sector entrepreneurs can use to initiate themselves into the club and to recognise fellow comrades.
Wow – what a book. It is a most comprehensive review of the widest range of good practices, excellent process to adopt and ideas to implement. You have clearly – with academic rigour investigated many sources – and included many of the best bits. It was so comprehensive that I see it as ‘the definitive guide to help and support the creation of a successful enterprise.
Chairman of Bromley Healthcare CIC
I have found the book incredibly useful. Really accessible. You can read cover to cover or dip in to particular sections. It is a true toolbox of simple and practical models which I return to time and again and am building in to my day to day work.
Managing Director of Persona Care & Support
If only I would have had this when we first spun out! I think it provides a very clear and logical framework of guidance for a leader in our world whether a new one or more experienced.
Managing Director of Catalyst Choices
From the breadth and depth of direct quotes and examples from successful social entrepreneurs that have been included, it is clear that the authors have a huge wealth of direct experience. On top of that the book is well written and very accessible. If you run a social enterprise or thinking of setting one up then this book is a must.
Founder & Digital Director of Cyberlogical
I've had the pleasure of working with and learning from Ben and Bubble Chamber for years. This book is a wonderful and practical distillation of their first-hand expertise, their unique approach, and their tactical (not to mention refreshing) style. Every entrepreneur, particularly those focused on the social / environmental space, will find immense value here; this is a practical field guide that you'll revisit over and over again, particularly when navigating choppy waters.
Founder of Social Misfits Medai
Begins with an exploration of the concept of the 4th sector – a place where social businesses draw upon the discipline and savvy of the commercial sector combined with the values of the charitable sector in order to create something innovative and dynamic. The argument for the existence of the 4th sector is well made and the rest of the book is a guide for those of us operating in this environment. Includes an impressive range of business models and techniques. Packed full of ideas and fresh approaches with something new, even for an old hand like myself! Highly recommend
Non-executive Director of Epic CIC
What is the 4th Sector and why is it needed? This part also looks at the difficulties it creates for you as leaders in having to serve multiple masters and why anyone would choose to become a 4th Sector Entrepreneur.
Some practical ways in which you can lay a solid foundation that allows you to work on your enterprise rather than in it.
Looks at how Clarity of Leadership is built on three principles – Clarity for the Individual Leader, Clarity of The Big Result and Clarity of Market Positioning – and how this clarity can be communicated to everyone involved with your organisation using a tool called Strategy on a Page.
On overview of the key areas you need to consider. Also introducing our fourth principle, which is that Talent – hiring, developing and retaining the right people – is the most important strategy of them all.
Explaining our final three principles – Clarity of Measurement, Clarity of Execution and Clarity of Communication – which together form the backbone of your organisational culture.
Introduces some meeting structures that bring everything together in a highly practical, day-to-day way.
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