At this point, I would
like to introduce you to your most important tool for becoming a social entrepreneur, the Babele open
innovation platform. This is where you
will develop what we call your social
business model panorama. The best thing is, you will
not have to do it alone. Once upon a time, creating a startup was like jumping off a cliff
and building a plane, on the way down. Every day, thousands
of people came up with ideas on how to address the
challenges of our time. However, these ideas were not shared because people were
afraid of losing them. Then one day people realized that the most dangerous thing
they could do with these ideas was to do nothing. Had they shared them with others, they would have already started turning them into reality. A new approach is required,
open collaboration. The world needs a tool that helps people from
all over the planet, share their knowledge
and generate innovation through
social networks. This is why we have
developed Babele, an online innovation center dedicated to the collective
development of solutions, which is open for
input from anyone. In Babele, you can follow a simple methodology to
structure your ideas and answer key questions needed to create a sustainable business. You can easily set milestones and indicators and
whenever you need help, other users are there
to submit ideas, give you feedback, invalidate core
assumptions in advance. You can rate the
help you receive, rewarding your
mentors with credits according to their
skills and attitude. You can make your work
private to confidentially share any part of your project
with people you choose. In Babele, you will find the necessary competencies and resources to rapidly
implement your idea. We help you get started now, no matter where you are in your business
development process. So why abandon great
ideas when you can simply make them happen by tapping into collaborative innovation? Believe in your idea today, grow your community with
Babele to make it happen. How will Babele help
you? Let me show you. For each session
here on Coursera, the Babele social business
model panorama contains one element in which you can
describe your startup idea. Let's illustrate this. In Session 2 of this course, we will talk about
problem description. If you go to Babele, you will find a corresponding element where you can define your beneficiaries
and you can describe the social problem that
they are confronting. When we discuss team
formation in Session 3, there will again be an element in the Babele canvas where you
can describe your team. When we address the theory of change in meaning
the solutions, the opportunity that
you want to find, you can again describe this in the Social Business Model Canvas. There are a number of
reasons why you should use this open
innovation platform. Firstly, many of your assignments here at Coursera require that you submit parts of the social business model
panorama for peer review. By filling in the
Babele panorama, you can simply submit links to the required elements
of your business model. Moreover, the Babele
platform offers your team a much better place for interaction than the
Coursera discussion forums, which quickly become chaotic. Most importantly, we have a group of highly
skilled mentors on the Babele platform
that will provide you with detailed
feedback and support. Finally filling in the Social
Business model panorama will allow you to apply for a one month intensive
mentoring phase to present your fundraising idea at our impact investing pitch day, and finally to participate in our Annual Social Business
Model panorama competition. What should you do next? For this session, I
would like you to simply set up a user profile at this website,
babele.co/home/cbs. Note that the address ends
in dot co and not dot com. babele.co/home/cbs. You can also find the link in the next post
here on Coursera. Now, describe yourself. Make sure that your
profile contains a picture and a description
of your interests. Here are my interests, my skills and a short
description about myself. Next, go to the Projects tab. Please do not start
your own project yet. We will begin this
in session two. For now, what you can do is look at some existing projects. Note that they are sorted
by how recent they are. The further down you scroll, the older the projects get. Pay attention to inactive, abandoned and archive projects, so you'll see an
archive project here, an inactive one and
an abandoned one. These projects are
no longer worked on. If you want to see
only active projects, you can actually click
up here this tag. That way you do not
end up commenting on or interacting with
a project that has been launched long ago and where the team is no longer
active on Babele. If you find an interesting
project, you can follow it. Be careful not to follow too many projects because your notifications will
be quickly overrun. If you want to know
more about a project, you can click on
its business model. Let's do this. We're going to select
Learning to learn. You'll see the project
here and if you click on this tab business model, you can see that they have
filled in the problem, the team and the
theory of change. You can look through this
now and most importantly, you can click on open
positions in our team. We see over here a description of who
they are looking for. They're looking for NGOs in Hungary who are
working with children, as well as software startups
and developers who are interested in
educational programs for primary school children. If you work with education, if you are based in Hungary or if you're
software developer, you might actually want
to work with them. You could write some comments
in the feedback down here, or you can even apply
to join the team. If you feel that this is a team, you would like to be
an active member of. Now go and set up your own Babele account
and have a look around. Next week, we will talk more about how to start a project.