Why Doesn't Everyone Do It?
Why wouldn’t a nonprofit organization jump at the
opportunity to earn unrestricted revenue? What’s keeping them in the old mode
of ‘charity-think’?
I am thinking that much of what stands in the way of
progressive thinking in the majority of nonprofits is habit. Habit that is
reinforced by thinking such as:
· “The next fundraiser will be big and will bail us out.”
· “We’ll write more grant applications. One of them is sure to hit.”
· “If only the board would fundraise, that would help.”
· “We have no choice. We’ll just have to cut staff and do more with less.”
· “We can’t earn money. We’ll lose our nonprofit status.”
So what’s getting in the way? Fear of change? Fear of
failure? Misunderstanding about how to earn money? Lack of planning?
I’m curious to know
the reasons why more nonprofits don’t jump into the water, even just the
shallow end of the ocean of earned revenue opportunities that exist.
Your thoughts? Have you tried it? Were you successful? If
you failed, what were the causes of failure?
Jean Block Consulting, Inc. and Social Enterprise Ventures,
LLC
www.jblockinc.com and
www.socialenterpriseventures.com
One of my clients provides some services for a fee to help fund their more charitable activities. They see the competitive landscape changing in the next 5 years and are already working on the best way to move forward. And they are doing so with a 'how can we leverage our knowledge and service to create an income stream' vs. who can we tap for more donated funds. I love that perspective
ReplyDeleteBingo! That is exactly the 'right' viewpoint for a nonprofit. Leveraging assets into earned revenue. But when I say the words "social enterprise" in many settings, I get funny looks and questions about social media...
ReplyDelete
ReplyDeleteI like your post. You have been posting the real fact. Thanks.
Fundraising software for nonprofits