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You should be excited someone validated your idea. Then you should turn it to for profit (and be one of the rare examples of for profit social enterprise that
by wtvanhest 14y ago
You should be excited someone validated your idea. Then you should turn it to for profit (and be one of the rare examples of for profit social enterprise that may actually work.) Then you should raise money and ramp marketing.
Or do nothing since your original goal was to do some good which by creating the idea and frame work you have accomplished.
- kelu124 14y agoHumm .. understood point #1. Yes, the original goal was to bring money to a fund through sales.. but if the sales are diverted to a for-profit, ultimately beneficiaries will not enjoy it.
- eragnew 14y agoI think you may want to examine the assumptions in 'but if the sales are diverted to a for-profit, ultimately beneficiaries will not enjoy it.' Is that the truth, or is that what you think the truth is? There is an important difference between the two.
- kelu124 14y agoGood point as well, maybe biaised. However, beneficiaries can get returns through a partner who has experience and ensures the right return to beneficiary, when they are not transparent -- so unsure. You're right!
- polyfractal 14y agoAgreed. There is a very real chance that being a for-profit company can propel to you making more money for both the company and for your beneficiaries since you can hire more talented individuals. It's pretty well known that non-profits often starve for top talent simply because a lot of the top talent also wants to make more money than a poor college kid. Making money doesn't have to be orthogonal to doing good things in the world. There are plenty of companies that manage to do both.
- kelu124 14y agoBut yes, I agree it tends to show an interest for the idea! ^^