Entrepreneurs may choose to adopt a hybrid model for several reasons:
1. Sustainability: Purely charitable organizations often rely heavily on donations and grants, which can be unstable sources of funding. A hybrid model allows for a more sustainable revenue stream through commercial activities. 2. Social Impact: Entrepreneurs who are passionate about addressing social challenges can make a significant impact while still operating a profitable business. 3. Market Differentiation: A hybrid model can set a business apart from competitors by emphasizing its commitment to social and environmental causes.