Transformational Entrepreneurship

noun | [ trans·​for·​ma·​tion·​al ] [ ahn-truh-pruh-nur-ship ]

Transformational Entrepreneurship is the ability to create innovative solutions that enable change and maximize long-term economic and societal impact. It is about thinking beyond monetary goals, and the ability to take purposeful action towards creating systemic changes in the lives of individuals as well as organisations, leading to greater empowerment of people and society. It is the ability to approach problems systematically, address root causes, unlock human potential, enhance relationships and mutual learning.

Transformational Entrepreneurship is an important life skill for young people, to be drivers of humane, fair, inclusive and sustainable development.

Transformational Entrepreneurship In Action

The person will be able to:

  • Take the initiative to visualise beyond the immediate or obvious goals.
  • Proactively collaborate and nurture relationships and hold on to people
  • Take risks and work with new people and approaches.
  • Delay gratification and put others’ needs before their own
  • Overcome obstacles and stay aligned to their goals despite difficulties.
  • Seek a greater social purpose in their work.
  • Advocate for causes that might not be business-oriented but contribute towards societal change.
  • Solve complex social issues in fair, inclusive and sustainable ways.
  • Create and offer opportunities for fair and equitable growth.

Related Life Skills

Also Known As

Hindi | 

परिवर्तनकारी उद्यमिता

Marathi | 

परिवर्तनशील उद्योजकता


We invite you to share your feedback and comments on the LSC India Glossary. We are very keen to hear your ideas and suggestions as we continue to make the India Glossary better and more relevant. We are accepting feedback till 28th February! Write to us

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.


Generic selectors
Exact matches only
Search in title
Search in content

Critical Thinking is the ability to question, interpret, analyse, evaluate, infer...

Learn more

Problem Solving is the ability to seek, identify and define the...

Learn more

Tolerance of Ambiguity is the ability to perceive ambiguous situations as...

Learn more

Responsibility is the ability to recognize our role, purpose and appropriate...

Learn more

Perseverance is the ability to put in continued, thorough and diligent...

Learn more