Showing posts with label funding. Show all posts
Showing posts with label funding. Show all posts

Billions of Drops in Millions of Buckets: Why Philanthropy Doesn't Advance Social Progress Review

Billions of Drops in Millions of Buckets: Why Philanthropy Doesn't Advance Social Progress
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Billions of Drops in Millions of Buckets: Why Philanthropy Doesn't Advance Social Progress ReviewIt's familiar argument repackaged: Too many non-profits doing similar things via low performing ways while spending too many resources vying too little money to go around. The answer: with performance driven metrics - Goldberg's IMPEX) - the "crowd" will invest in the best performing ngos on the basis of their "performance."
It is an interesting idea. However, the IMPEX presumes that, before donors give their money to an ngo, they want to evaluate all ngos with the same metrics always looking to the one that most efficiently, cost effectively, and on the largest scale delivers their service irrespective of other motivations (religion, social circle, guilt, desire to give back, etc.).

I have to ask...with the explosion of social media, available information, giving circles, philanthropy advisors, etc. can't wise philanthropic investors determine if the charity he/she gives to is performing? Mr. Goldberg asserts that his idea would diminish the `strings' often attached to philanthropic dollars. I disagree. The IMPEX evaluation tool simply changes the type of strings. Instead of a name on a building, a pet program or dinner with a celebrity the strings simply become the metrics chosen for the IMPEX.
Maybe the argument is familiar because the system has worked pretty well for a long time and new players, in the ngo territory, like Mr. Goldberg, simply feel compelled that the 3rd Sector should look and feel more like the 1st and/or 2nd Sector territory with which they are familiar.
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Startup: The Complete Handbook for Launching a Company for Less Review

Startup: The Complete Handbook for Launching a Company for Less
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Startup: The Complete Handbook for Launching a Company for Less ReviewThis is truly a great book for any kind of entrepreneur - tech startup or coffee shop, just starting or already in business.
The book makes a big promise with, "The Complete Handbook for Launching a Company for Less," and "$100,000 in savings," but if you stick with the program, it works!
Obviously, it's impossible to create a comprehensive book of business best practices because every business has its own variables, but chapter by chapter, this book tackles everything you need to know - in order - for starting a business and growing it successfully.
She breaks down even the most complicated topics - like financing a business with loans or with investors - in plain English and gives step-by-step advice to maximize your upside and minimize the risk of starting a business. This book definitely explores "How to Finance a Startup" in a lot more detail than any other book I've come across. She has 14 sources beyond the normal VCs, angel investors, and SBA loans - and shows how to structure sweat equity with vendors and partners, etc.
I wish everything in life came with this kind of manual. This is the kind of reality-based textbook that university entrepreneurship programs should be using.
Every chapter begins with strategy, then breaks down tactics, then specific recommendations for templates, tools, software, and websites. You can tell that the author has actually used the tools because she even makes recommendations on how to get the most out of them - and how to get a deal.
Every chapter contains do-it-yourself guides - and that's where a lot of the savings comes in. The Branding, Marketing, PR, and Advertising chapters are so much fun! Brainstorming a brand and names for your business, templates for creating your own press releases - all very helpful.
Even for small business owners who have been in business for years, this book is a great quick reference guide for growing a business - tackling sales and revenue growth.
A great read!
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