2 ms·
I run a non-profit outside of my day job. Whilst not a startup in the sense you are probably asking about, there are many parallels. Even though we are non prof
by smarri 8y ago
I run a non-profit outside of my day job. Whilst not a startup in the sense you are probably asking about, there are many parallels. Even though we are non profit we still require well into 6 figures per year to operate and deliver on our charitable purpose. This requires us to pitch for funding at large corporates and investors. We have a big team of enthusiastic people working on the charity, without any scope for renumeration, so the vision has to be compelling. We have to manage regulation, risk, and financial standards. It takes a lot of time. But it's well worth it. You could always consider a 'non profit startup' if you are interested in making an impact other than financial. Best of luck.