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This may be a culture thing more than anything else, and more deeply how certain environments affect culture. For example, in my career I’ve seen nonprofits, l
by zigzaggy 8y ago
This may be a culture thing more than anything else, and more deeply how certain environments affect culture.
For example, in my career I’ve seen nonprofits, large and small, being very hawkish in competition for government contracts. So much so that I developed a saying - “Nonprofit is a tax status, not a business model.”
I think Wall Street is another business environment that creates these very hawkish business cultures, even in (relatively) smaller businesses (biomed for example).
Just thinking along with you here... not sure where I’m going with it. But I know I’ve worked with nonprofits that were very hawkish and sharked the competition all the time.
- elpakal 8y agoWhat’s your view on the “not-for-profit” structure, I wonder?
- zigzaggy 8y agoMost of the time I see “nonprofit” and “not for profit” being used interchangeably. Profit, or “fee” in the government contracting world, is almost always being earned. It’s a question of purpose. Theoretically nonprofits focus on some other purpose first (but not exclusively). “For profits” businesses have the primary purpose of making profits. That’s the theory. In application, lots of nonprofits are loaded with business people trying to make money under the tax shelter of that tax status.