Non-Profit Musings

I’ve written 5 posts on Dan Pallotta’s “TED Talk”: “The Way We Think About Charity is Dead Wrong” (and of course giving my opinion along the way).  (You can find the video here in case you haven’t seen it:  http://www.ted.com/talkslang/he/dan_pallotta_the_way_we_think_about_charity_is_dead_wrong.html?source=facebook#.UUgVUSeiOi1.facebook ). 
 
So, now it’s time to sum up. Dan’s main 5 points about the non-profit world are: 
 
1) You cannot use money to lure talent away from the for-profit sector
 
2) You cannot advertise on the same scale as the for-profit sector
 
3) You cannot take (economic) risks in pursuit of new donors in the way that the for-profit sector can in pursuit of new investors/clients 
 
4) You don’t have the same amount of time to find donors as the for-profit world has for finding investors/customers
 
5) You do not have a stock market to fund your organization (or the ability to pay profits…

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