She made headlines when she set up her first social enterprise A-changin, a high-end clothes alteration business that employs and trains disadvantaged women in tailoring skills, six years ago. The company went on to win the President’s Challenge Social Enterprise of the Year in 2012.
Josephine Ng, 47, is formulating her own recipe for success. She is part of an emerging new generation of social entrepreneurs who marry business acumen and a social conscience.
In her early 30s, she had already sold her first company, an integrated marketing agency, for a sum that allowed her and her husband to retire comfortably. But after going into a brief period of retirement where she dabbled in hobbies such as golf and traveling, she felt the urge to do something more meaningful with her life. In fact, she was close to signing up for a post-graduate course in social work when she came to learn about the concept of social enterprises after attending a talk at National University of Singapore’s Asia Centre for Social Entrepreneurship and Philanthropy.