Entrepreneurship when directed to prevalent social problems, can also be a great way to achieve development. The Sandbox works on this idea of people-led development driven by passionate, mission-driven individuals. Multiple programs managed by the Sandbox work to support and enable such individuals, and companies driven by social goals, to achieve the desired impact.
The founders of the Sandbox model believe in the power of entrepreneurship to transform the world around us. A world that embraces entrepreneurship as a way of life can be free of problems, according to Sandbox founder, Dr Desh Deshpande. “The world needs 75 million entrepreneurs to really run the economy over the next ten years. India needs 10 million entrepreneurs. There has to be entrepreneurship everywhere,” he said at the keynote session of Development Dialogue held in Nizamabad.
According to Dr Deshpande, lasting societal change can happen through entrepreneurship. “Entrepreneurs are real change makers. An entrepreneur thinks about something that he does not like in the world and he thinks of an opportunity: a new product, a new service, a new way to socially organize. He does not just leave it at the idea stage, but actually makes that idea happen.The Sandbox works to enable people within communities to become entrepreneurial. The founding goal is to make entrepreneurship a way of life,” says Dr Deshpande.
The approach of the Sandbox is to enable entrepreneurs to create replicable success for solutions, within a given market. Once an entrepreneur validates the viability of a product/ service in a market, he can expand his market and reach a wider audience. “If the solution works in one place, make it work in more places. Once the impact of the solution becomes obvious, it is for the government to take the model and replicate in more places,” he said about his vision for scalable models of social development.