Advice for Nonprofit Start-upsby Chataun Denis on 08/03/15
Tip #4 - Be
patient with your vision. Many of us tend to dream big. Dreaming big is
not the problem. The problem is expecting the dream to realize
instantly. Developing a business takes time and when progress doesn’t
occur as quickly as you would like, don’t give up on your dream.
Tip #5 - Work with a nonprofit business coach. If you are new to the nonprofit scene or you’ve never been on the managing side of a nonprofit, get some help! Chances are you need it. Coaching helps you set goals and create an action plan for the achievement of those goals. Coaching holds you accountable for what you say you want to do. It’s helping you work smart.
Tip #6 - Learn first. Take a few classes. Attend a few workshops. Successful nonprofits have successful business models. Learn how to develop a profitable business model before you apply for tax exempt status. You may find that running your business as a for-profit is the better option. In fact, if you use a social-based business model you can help people and make money. It’s a win-win! This is where a nonprofit business coach is invaluable!