What are some of the main differences when founding a nonprofit vs for-profit startup? originally appeared on Quora - the
ArtLifting operates like any other gallery -- except it also empowers people who may not otherwise be able to sell their work.
Charity is for patsies. If you really care about making the world a better place, buy a trendy bag. That was the logic Lauren
It's absurd to cite the fact that social problems persist as evidence of the nonprofit sector's failings; indeed, it's fair to ask, how much worse might they be without the work of nonprofits?
Having the end in mind at the beginning seems counter-intuitive to most. There is no certainty that your position or the organization you create or are a part of will exit one, five or ten years from now. Things change -- needs evolve -- life happens.
It has struck me recently that people who ascend to high government positions -- as mayors, governors or even presidents -- could do worse than to learn from arts leaders and other not-for-profit executives about creating loyal families of supporters.
A common misconception I often hear in the start-up world is that nonprofits are easy and safe, since they don't have to pay taxes, and they don't have to make a profit for their shareholders. Exactly the opposite is true.
Money is necessary, but to think that the reason I am in business is to make my lenders happy isn't right. My definition of business is service: focus on it and compensation will follow.
“For-profit universities have incentives to try and maximize a return on investment,” explains Hess, who sees potential technological
Nonprofit Microlending is based on trust. For profit lending is not. This is a huge difference, and it's possible the latter could turn into a repeat of the villager loan shark mode
It's more fun to watch Massa's implosion on nationwide television, but we shouldn't allow this to distract us from what could shape up this year as a contest between Democrats and Republicans over who can denounce earmarks the loudest.
B Corp is allowing entrepreneurs like this to transcend the bifurcation of how we used to classify organizations, and find a comfortable structure somewhere in between.
For the second part of my series on start-up capital for social entrepreneurs, I've created a list of investors, incubators, networks and other resources that support start-up social ventures in the U.S.
Here are a few suggestions for those looking to make their institution more focused on results.
I am excited today about the non-profit Orphans International now having the opportunity to attract the professionals it needs to move forward as I step aside.