Let us talk about money
If we do not notice that we are in a new normal state, information, technology, chaos and innovation can not be achieved, replaced by the status quo. In the nonprofit sector, I continue to discover that many companies are not yet facing reality, but social entrepreneurs, nonprofit organizations and business leaders are embarking on a difficult dialogue in a whole new direction. One of the tough conversations revolves around the money.
What is the money that some people and organizations are discussing honestly? The truth is that money is an absolute necessity for families and businesses. Families need money to get housing, food and meet necessities, nonprofit or for-profit businesses need money to produce goods and services, operate or perform their specific tasks.
Nonprofit organizations should understand that if they do not use money as a key topic of conversation, the organization may struggle for every small victory, rather than thrive to make a measurable difference between its tasks and goals The
Many nonprofit organizations that do not involve money lack opportunities because the currency offers the following:
] * Money is measurable – the amount of income statement, balance sheet or bank account or credit amount is a measurable tool. Numbers are black and white, there is no way to cover the meaning of numbers.
* Money Participation – Money means that you have hired someone. If someone is willing to spend on the company's products or services, or for a particular business contributions, the organization will be mentally or emotionally motivate this person.
* Money Expansion Capabilities – Nonprofit professionals have heard of "nonprofit hunger cycles". This basically means that donors are more willing to use all the money for the plan, rather than the dollar for operating costs. Investors will not accept this. Every business needs to be financed, and a campaign is in the nonprofit sector to end the hunger cycle. All of which are key to investing and expanding.
When I was in the shoe industry, I was very clear and suitable for me every day, no matter where I work, companies have to make money, we must sell shoes. We need this money to finance research and development for wages, marketing and new business.
When I left the shoe industry and became a social entrepreneur, I never forgotten the subject, that is, I had to put my mind behind my head. This is a kind of I hope that more non-profit organizations can get the mentality. I still travel, hear the same old ideas, how they must do less.
"Nonprofit companies can not manage".
Yes, they can go to a great extent, especially when it surrounds money and resources.
"People do not have much to give."
Yes, they do so. I found that many nonprofit organizations often dare not ask, when to do, they do not ask their most faithful supporters to pay the amount they can easily donate.
"If we make too much money, then people will think we are just for the money."
No, if you communicate effectively and clear, they will not. People want to be part of a winning team, and if you are making measurable effects, growing and thriving, people will want to support the organization and do more work for it.
But first of all, nonprofit needs to be able to talk frankly about money, what it needs and what can be done.